FAQ : Axis Midcap Fund - Regular Plan - Growth

Axis Midcap Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 33.32 20.82 20.47 14.64
Average Rolling Returns(%) 20.61 20.24 18.07 18.84

The Current NAV of Axis Midcap Fund - Regular Plan - Growth is ₹89.01.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark Nifty Midcap 100 returns, as Funds portfolio is significantly different.

Axis Midcap Fund - Regular Plan - Growth fund’s expense ratio is 1.61%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Axis Midcap Fund - Regular Plan - Growth is currently ₹24,534 Crores.

The Top three stocks are Trent, Persistent Systems and Indian Hotel and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 33% of fund’s portfolio respectively.

Top three sectors of Axis Midcap Fund - Regular Plan - Growth fund are Auto, BFSI and Chemicals accounting for 43% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Mid Cap Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Axis Midcap Fund - Regular Plan - Growth Fund is Equity - Mid Cap Fund.

Shreyash Devalkar and Nitin Arora manage the Axis Midcap Fund - Regular Plan - Growth Fund.

Axis Midcap Fund - Regular Plan - Growth current PE ratio is 55.80 and PB ratio is 11.16

The asset allocation of Axis Midcap Fund - Regular Plan - Growth is Stocks : 94.93%, Debt : 5.07% and Gold : 0%

The minimum SIP amount for Axis Midcap Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Axis Midcap Fund - Regular Plan - Growth is Nil for 10% of investments and 1% for remaining investments on or before 12 months, Nil after 12 months

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