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Axis Nifty Midcap 50 Index Fund - Regular Plan download report


Equity: Mid Cap

Suitability:

"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Axis Nifty Midcap 50 Index Fund Reg-G -- 1.40 2.18 -2.78 -- -- -- -- -- -- --
S&P BSE 150 MidCap TRI -- 1.43 2.15 -3.07 -- -- -- -- -- -- --
Equity: Mid Cap -- 1.27 2.13 -2.73 -- -- -- -- -- -- --
Rank within category -- 11 11 18 -- -- -- -- -- -- --
Number of funds in category 34 39 39 39 37 34 31 24 21 20 18

As on 24-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Nifty Midcap 50 Index Fund - Regular Plan
Unrated
Mar-22 -- -- -- 1.00% 23
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 1.58 19.26 12.30 1.73% 18,655
Axis Midcap Fund
5 star
Feb-11 -1.06 18.12 15.25 1.82% 17,165
Nippon India Growth Fund  | Invest Online
4 star
Oct-95 6.66 18.55 12.62 1.89% 11,629
PGIM India Midcap Opportunities Fund - Regular Plan  | Invest Online
5 star
Dec-13 5.65 29.08 15.20 2.11% 5,119

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.19 25-May-2022 - 01-Jun-2022 -8.10 05-May-2022 - 12-May-2022
Month 1.45 10-May-2022 - 09-Jun-2022 -13.33 12-Apr-2022 - 12-May-2022
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Axis Nifty Midcap 50 Index Fund Reg-G -- -- -- -- -- --
S&P BSE 150 MidCap TRI* 22.39 24.95 0.76 0.78 -- --
Equity: Mid Cap* 19.77 23.70 0.69 0.72 0.92 -1.18
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-May-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 33.68
Top 5 Stocks (%) 19.16
Top 3 Sectors (%) 45.99
Portfolio P/B Ratio 2.67
Portfolio P/E Ratio 24.25

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 35,381 29,358
Giant (%) -- 4.93
Large (%) 21.26 14.53
Mid (%) 78.74 76.01
Small (%) -- 6.24
Tiny (%) -- 3.76

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Tata Power Company Energy 38.14 5.18 0.00 5.18
up Bharat Electronics Capital Goods 23.69 3.65 0.00 3.65
up AU Small Finance Bank Financial 34.36 3.79 0.00 3.59
up Page Industries Textiles 83.25 3.46 0.00 3.46
up Trent Services 355.66 3.31 0.00 3.28
up Voltas Consumer Discretionary 65.06 3.51 0.00 3.07
up Shriram Transport Finance Company Financial 12.37 3.06 0.00 3.06
up Zee Entertainment Services 21.99 3.03 0.00 3.03
up Mphasis Technology 29.69 2.79 0.00 2.79
up Ashok Leyland Automobile -- 2.57 0.00 2.57
up Balkrishna Industries Automobile 28.69 2.47 0.00 2.47
up Indian Railway Catering & Tourism Corporation Services 71.88 2.43 0.00 2.38
up Bharat Forge Automobile 27.76 2.35 0.00 2.35
up Container Corporation Of India Services 35.94 2.32 0.00 2.32
up The Federal Bank Financial 9.54 2.34 0.00 2.31
up Max Financial Services Financial 111.37 2.25 0.00 2.25
up Petronet LNG Energy 9.00 2.22 0.00 2.22
up TVS Motor Company Automobile 50.09 2.14 0.00 2.14
up MRF Automobile 44.62 2.14 0.00 2.14
up Godrej Properties Construction 94.65 2.24 0.00 2.13
up Alkem Laboratories Healthcare 21.82 2.01 0.00 2.01
up Jindal Steel & Power Metals & Mining 5.62 2.66 0.00 2.01
up Hindustan Aeronautics Capital Goods 11.83 2.00 0.00 2.00
up Astral Materials 69.48 2.25 0.00 1.99
up Aurobindo Pharma Healthcare 11.64 2.15 0.00 1.94

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Jinesh Gopani since 10-Mar-2022

Education: Mr. Gopani is a B. Com (H) and MMS from Bharati Vidyapeeth Institute of Management Studies and Research.

Experience: Prior to joining Axis AMC he has worked with Birla Sun Life AMC, Voyager India Capital Pvt. Ltd., Emkay Shares & Stock Brokers Limited and Net worth Stock Broking Limited.

Interviews:

Funds Managed:


1.40%

Change from previous, NAV as on 24-Jun-2022

Growth: ₹ 8.8608

IDCW: ₹ 8.8608


Investment Strategy

The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY MIDCAP 50 subject to tracking errors.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) --
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 7 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 28-Mar-2022
Return Since Launch: -11.39%
Benchmark: NIFTY Midcap 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 23 Cr (As on 31-May-2022)
Expense: 1.00% (As on 31-May-2022)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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