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NAV as of May 15, 2024
₹17.2708+0.71% 1D change
Returns since inception
Returns Annualised Returns since inception
29.22% p.a.
Return Outperformance: This fund has generated highest return amongst Mid Cap Index funds in the last 2 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Expense Ratio: This fund has the 2nd lowest expense ratio amongst actively/passively managed Mid Cap Index funds.
Exit Load: Exit load of 0.25% if redeemed within 7 days.
VRO rating | N.A. |
Expense ratio | 0.23% as on Mar 31, 2024 |
Exit load | 0.25% Exit load of 0.25% if redeemed within 7 days.! |
AUM (Fund size) | ₹281 Crs |
Lock-in | No Lockin |
Age | 2 yrs 2 m since Mar 10, 2022 |
Benchmark | NIFTY Midcap 50 TRI |
Min. investment | SIP ₹1000 & Lump. ₹5000 |
Risk | Very High |
Short term capital gains (STCG) | Returns taxed at 15% if you redeem before 1 year |
Long term capital gains (LTCG) | After 1 year, pay tax of 10% on returns of ₹1 lakh+ in a financial year |
Period | This fund | Category average |
---|---|---|
1 month | 3.6% | 4.1866666666666665% |
3 months | 1.65% | 4.7975% |
6 months | 20.05% | 21.5125% |
1 year | 53.64% | 53.01333333333333% |
Large Cap 1.9534273018085475%
Mid Cap 98.15766256819147%
Small Cap 0.0%
Other Cap 0.0%
Financial 19.98%
Capital Goods 13.51%
Healthcare 11.72%
Automobile 11.66%
Bifurcation by Credit Quality is not available for this fund
Others 0.53%
CBLO 0.52943169%
Bifurcation by Holding is not available for this fund
Fund name | AUM (in Crs.) | Fund age | Expense ratio |
---|---|---|---|
HDFC NIFTY Midcap 150 Index Fund | ₹130 Crs | 1 yrs 1 m | 0.3% |
Edelweiss Nifty Midcap150 Momentum 50 Index Fund | ₹274 Crs | 1 yrs 6 m | 0.35% |
Tata Nifty Midcap 150 Momentum 50 Index Fund | ₹259 Crs | 1 yrs 7 m | 0.31% |
SBI Nifty Midcap 150 Index Fund | ₹400 Crs | 1 yrs 7 m | 0.41% |
Navi Nifty Midcap 150 Index Fund | ₹138 Crs | 2 yrs 2 m | 0.1% |
Fund name | 1M | 6M | 1Y | 3Y | 5Y | 10Y |
---|---|---|---|---|---|---|
HDFC NIFTY Midcap 150 Index Fund | 3.27% | 21.33% | 53.13% | 17.14% | 9.96% | 4.86% |
Edelweiss Nifty Midcap150 Momentum 50 Index Fund | 7.05% | 31.03% | 70.76% | 19.64% | 11.36% | 5.53% |
Tata Nifty Midcap 150 Momentum 50 Index Fund | 7.0% | 30.6% | 70.28% | 18.98% | 10.99% | 5.35% |
SBI Nifty Midcap 150 Index Fund | 3.29% | 21.42% | 53.8% | 17.61% | 10.22% | 4.99% |
Navi Nifty Midcap 150 Index Fund | 3.3% | 21.39% | 53.62% | 21.27% | 12.27% | 5.96% |
Fund name | Std. deviation | Beta | Sharpe | Sortino |
---|---|---|---|---|
HDFC NIFTY Midcap 150 Index Fund | N.A. | N.A. | N.A. | N.A. |
Edelweiss Nifty Midcap150 Momentum 50 Index Fund | N.A. | N.A. | N.A. | N.A. |
Tata Nifty Midcap 150 Momentum 50 Index Fund | N.A. | N.A. | N.A. | N.A. |
SBI Nifty Midcap 150 Index Fund | N.A. | N.A. | N.A. | N.A. |
Navi Nifty Midcap 150 Index Fund | N.A. | N.A. | N.A. | N.A. |
Risk ratios are based on three-year data. The required data is unavailable for the scheme.
Fund AUM | ₹281 Crs as on Mar 31, 2024 |
Scheme document | View Scheme Document |
The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY MIDCAP 50 subject to tracking errors.
No. of schemes | 59 view all schemes |
Total AUM | ₹2,75,166 Crs as on Mar 31, 2024 |
Address | 23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013 |
Phone | 022-24255161 |
Fund name | ETM Rank | AUM (in Crs.) | 1Y | 5Y |
---|---|---|---|---|
Axis Small Cap Fund | #7 | ₹20,137 Crs | 36.9% | 29.01% |
Axis Midcap Fund | #11 | ₹26,637 Crs | 41.45% | 24.38% |
Axis Growth Opportunities Fund | #3 | ₹12,097 Crs | 39.62% | 24.19% |
Axis Flexi Cap Fund | #15 | ₹11,976 Crs | 29.88% | 16.98% |
Axis ELSS Tax Saver Fund | #28 | ₹35,642 Crs | 29.06% | 15.58% |
Axis Bluechip Fund | #14 | ₹33,352 Crs | 25.9% | 15.48% |
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The Axis Nifty Midcap 50 Index Fund is a 2 yrs 2 m old fund and has delivered average annual returns of 29.22% since inception.
1-Year | Since Inception |
---|---|
53.64% | 29.22% |
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Axis Nifty Midcap 50 Index Fund for May 15, 2024 is 17.2708.
On ET Money, Investing in Axis Nifty Midcap 50 Index Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Axis Nifty Midcap 50 Index Fund is 0.23%. .
Redeeming your investments in Axis Nifty Midcap 50 Index Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Axis Nifty Midcap 50 Index Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Axis Nifty Midcap 50 Index Fund is ₹281 Crs.
The Axis Nifty Midcap 50 Index Fund has invested the majority of its money in the stocks of the following companies -
Company | Percentage of Portfolio |
---|---|
Max Healthcare Institute Ltd. | 4.59% |
The Indian Hotels Company Ltd. | 3.7% |
Yes Bank Ltd. | 3.39% |
Cummins India Ltd. | 3.29% |
Suzlon Energy Ltd. | 3.27% |
Tube Investments Of India Ltd. | 2.95% |
Lupin Ltd. | 2.94% |
HDFC Asset Management Company Ltd. | 2.89% |
The Federal Bank Ltd. | 2.7% |
Bharat Heavy Electricals Ltd. | 2.68% |
The Axis Nifty Midcap 50 Index Fund has primarily invested in the following sectors
Sector | Percentage of Portfolio |
---|---|
Financial | 19.98% |
Capital Goods | 13.51% |
Healthcare | 11.72% |
Automobile | 11.66% |
Technology | 8.56% |
Services | 7.09% |
Construction | 5.0600000000000005% |
Energy | 4.77% |
Materials | 4.28% |
Chemicals | 4.07% |
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