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Axis Mid Cap Fund
Axis Mid Cap Fund is an open-ended equity mutual fund that predominantly allocates its capital in mid-cap stocks. The fund aims to achieve long-term capital growth for its investors through its strategy of investing in mid-cap stocks.
Investment Plans
-
Guaranteed Tax Savings
Under sec 80C & 10(10D) -
₹1 Crore
Invest ₹10k per month* -
Zero LTCG Tax
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Payment Mode
Invest
₹ 10,000
Invest for
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Large Cap Equity Fund
AUM (Cr)
₹2,675
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 24.16 %
Instant tax receipt
Instant tax receipt
Accelerator Mid-Cap Fund II
AUM (Cr)
₹5,652
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 23.5 %
Instant tax receipt
Diversified Equity Fund
AUM (Cr)
₹3,581
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 20.46 %
Instant tax receipt
Frontline Equity Fund
AUM (Cr)
₹4,348
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 23.32 %
Instant tax receipt
Grow Money Plus Fund
AUM (Cr)
₹440
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 20.11 %
Instant tax receipt
Instant tax receipt
Instant tax receipt
Large Cap Equity Fund
AUM (Cr)
₹2,675
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 24.16 %
Diversified Equity Fund
AUM (Cr)
₹3,581
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 20.46 %
Frontline Equity Fund
AUM (Cr)
₹4,348
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 23.32 %
Grow Money Plus Fund
AUM (Cr)
₹440
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 20.11 %
Growth Super Fund
AUM (Cr)
₹13,357
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 19.55 %
Accelerator Mid-Cap Fund II
AUM (Cr)
₹5,652
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 23.5 %
Growth Opportunities Plus Fund
AUM (Cr)
₹986
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 22.47 %
Classic Opportunities Fund
AUM (Cr)
₹13,638
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 21.11 %
Opportunities Fund
AUM (Cr)
₹3,368
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 22.34 %
Equity Top 250 Fund
AUM (Cr)
₹539
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 19.59 %
Whole Life Income Fund
AUM (Cr)
₹866
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 6.19 %
Whole Life Aggressive Growth Fund
AUM (Cr)
₹878
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 22.28 %
Save N Grow Money Fund
AUM (Cr)
₹65
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 11.66 %
Asset Allocation Fund II
AUM (Cr)
₹295
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 13.64 %
Multi Cap Balanced Fund
AUM (Cr)
₹2,021
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 13.99 %
Super Select Equity Fund
AUM (Cr)
₹1,296
Estimated Value
₹
After 5 years
Returns (p.a.)
+ 21.51 %
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Axis Mid Cap Fund Facts
Axis Mid Cap Fund was launched on 18/02/2011, which means it has been in existence for more than 10 yrs. And currently, this fund manages an AUM of ₹15,987.99 Cr (as of October 31 2021).
The Axis Mutual Fund manages the Axis Mid Cap scheme. It launched its first fund in 2009. Axis Mutual Fund is owned by Axis Bank Limited, which owns 74.99% of the company, and the Schroder Singapore Holdings Private Limited owns 25%.
The Axis Mid Cap scheme has two types of plans:
-
Growth plan
-
IDCW (Income Distribution cum Capital Withdrawal)
- Insurance Companies
- Mutual Funds
| Returns | ||||
|---|---|---|---|---|
| Fund Name | 5 Years | 7 Years | 10 Years | |
| High Growth Fund Max Life | 27.23% | 21.27% |
18.4%
View Plan
|
|
| Top 200 Fund Tata AIA | 30.27% | 21.85% |
17.46%
View Plan
|
|
| Accelerator Mid-Cap Fund II Bajaj Allianz | 23.5% | 12.95% |
14.48%
View Plan
|
|
| Opportunities Fund HDFC Standard | 25% | 15.05% |
14.6%
View Plan
|
|
| Equity II Fund Canara HSBC Oriental Bank | 18.91% | 10.51% |
10.19%
View Plan
|
|
| Growth Opportunities Plus Fund Bharti AXA | 22.47% | 15.13% |
14.44%
View Plan
|
|
| Multiplier Birla Sun Life | 25.79% | 14.35% |
15.33%
View Plan
|
|
| Equity Top 250 Fund Edelwiess Tokio | 19.59% | 12.39% |
11.49%
View Plan
|
|
| Opportunities Fund ICICI Prudential | 22.34% | 13.61% |
12.29%
View Plan
|
|
| Flexi Growth Fund LIC | - | - |
-
View Plan
|
|
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| Returns | ||||
|---|---|---|---|---|
| Fund Name | 3 Years | 5 Years | 10 Years | |
| Active Fund QUANT | 23.92% | 31.48% |
21.87%
|
|
| Flexi Cap Fund PARAG PARIKH | 20.69% | 26.41% |
19.28%
|
|
| Large and Mid-Cap Fund EDELWEISS | 22.34% | 24.29% |
17.94%
|
|
| Equity Opportunities Fund KOTAK | 24.64% | 25.01% |
19.45%
|
|
| Large and Midcap Fund MIRAE ASSET | 19.74% | 24.32% |
22.50%
|
|
| Flexi Cap Fund PGIM INDIA | 14.75% | 23.39% |
-
|
|
| Flexi Cap Fund DSP | 18.41% | 22.33% |
16.91%
|
|
| Emerging Equities Fund CANARA ROBECO | 20.05% | 21.80% |
15.92%
|
|
| Focused fund SUNDARAM | 18.27% | 18.22% |
16.55%
|
|
Last updated: May 2025
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Axis Mid Cap Fund: Asset Allocation Pattern
|
Investing Instruments |
Asset Allocation |
Risk Profile |
|
|
Maximum |
Minimum |
||
|
Equity and Equity Related Instruments of Mid Cap Companies |
100% |
65% |
High Risk |
|
Equity and Equity Related Instruments of Non-Mid-Cap Companies |
35% |
0% |
High Risk |
|
Debt and Money Market Instruments |
35% |
0% |
Low to Medium Risk |
|
Units issued by REITs and InvITs |
10% |
0% |
Medium to High Risk |
Investment Objective
The investment objective of the Axis Mid Cap Fund is to provide long-term capital growth to its investors by allocating its capital primarily in equity and equity-related instruments of mid-cap companies.
The fund managers use a fair value research process to analyze the potential of any stock (fair value of a stock is the intrinsic value of that company). The companies selected have a sustainable competitive advantage over their peers due to their robust business model.
Fund Summary
-
Axis Mid Cap Fund (Regular – Growth):
-
Expense ratio - 1.81% (as of Oct 31, 2021 )
-
Exit Load - 1.0% (If more than 10% of the investments are redeemed or switched out before 12 months from the allotment date. After 12 months, the exit load will become 0.)
-
AUM (Fund Size) - ₹15,987.99 cr (as of 31 Oct 2021)
-
Lock-in period - No Lock-in period
-
Age of the fund - The Axis Mid Cap Fund (Regular–Growth) was launched on 18/02/2011
-
Benchmark Index - S&P BSE Mid Cap TRI
-
Minimum Investment - Minimum SIP is ₹1000 & Minimum Lumpsum is ₹5000
-
-
Axis Mid Cap Fund (Direct - Growth):
-
Expense ratio - 0.46% (as of Oct 31, 2021 )
-
Exit Load - 1.0% (If more than 10% of the investments are redeemed or switched out before 12 months from the allotment date. After 12 months, the exit load will become 0.)
-
AUM (Fund Size) - ₹15,987.99 cr (as of 31 Oct 2021)
-
Lock-in period - No Lock-in period
-
Age of the fund - The Axis Mid Cap Fund (Regular–Growth) was launched on 01/01/2013
-
Benchmark Index - S&P BSE Mid Cap TRI
-
Minimum Investment - Minimum SIP is ₹500 & Minimum Lumpsum is ₹5000
-
Fund Return Summary
-
Returns of Axis Mid Cap Fund (Regular–Growth) (as of October 31, 2021)
1 year
63.50%
3 years
27.55%
5 years
20.73%
Since Inception
19.92%
*Returns are subject to change. The investment risk in the investment portfolio is borne by the policyholder.
-
Returns of Axis Mid Cap Fund (Direct-Growth) (as of October 31, 2021)
1 year
65.68%
3 years
29.28%
5 years
22.24%
Since Inception
21.76%
*Returns are subject to change. The investment risk in the investment portfolio is borne by the policyholder.
Pros and Cons
|
Pros |
Cons |
|
This scheme has an affordable expense ratio (0.46% for Direct Plan) |
Not suitable for short-term or very short term investors |
|
Mid-Cap funds have a higher potential to generate more returns than large-cap or multi-cap funds |
Mid-Cap funds are High-Risk |
|
Strategically diversified investments |
Performance Risk |
|
Bottom-Up strategy for stock selection |
Liquidity Risk |
Benefits of Axis Mid Cap Fund
Axis Mid Cap Fund offers certain benefits as listed below:
-
Mid-Caps – The mid-cap segment has a higher potential to generate great returns.
-
Strategy – Axis Mid Cap fund follows a bottom-up strategy for the stock selection process.
-
Long-term – This scheme focuses on long-term investments.
-
Affordable Expense Ratio – This scheme has an affordable expense ratio that makes investment a viable option for more people.
-
No lock-in period – A no lock-in period means you can have access to your funds whenever you want.
-
Returns – The Axis Mid Cap Fund has performed consistently over the years and has delivered good returns to its investors.
Asset Allocation of Axis Mid Cap Fund by Sector
|
Sector |
% Of Net Assets |
|
Financial Services |
18.14% |
|
IT |
15.08% |
|
Consumer Goods |
13.51% |
|
Industrial Manufacturing |
8.63% |
|
Consumer Services |
8.44% |
Asset Allocation of Axis Mid Cap Fund by Market Capitalization
|
Market Cap |
% Of Net Assets |
|
Large Cap |
32.99% |
|
Mid Cap |
60.43% |
|
Small Cap |
0.15% |
|
Other Cap |
0% |
Top 10 Holdings of the Axis Mid Cap Fund
|
Stocks |
% Of Net Assets |
|
Cholamandalam Investment and Finance Company Limited |
4.35% |
|
ICICI Bank Limited |
4.31% |
|
Coforge Limited |
3.42% |
|
MindTree Limited |
3.22% |
|
Astral Limited |
3.20% |
|
Bajaj Finance Limited |
3.08% |
|
HDFC Bank Limited |
3.07% |
|
Avenue Supermarts Limited |
3.07% |
|
Crompton Greaves Consumer Electricals Limited |
3.02% |
|
Mphasis Limited |
2.98% |
Who Should Invest in the Axis Mid Cap Fund?
The individuals meeting the following criteria or requirements should invest in this fund.
-
Higher risk appetite for their investments
-
Long term horizon for their investments
-
Capital appreciation through equity and equity-related investments
-
Exposure in mid-cap stocks
FAQ's
-
Q. What is a “Cap” in equity markets?
A. The cap means market capitalization. It is the current market value of any stock. It is calculated by the (total number of shares outstanding) x (the price of each share). -
Q. What are open-ended funds?
A. According to the Securities and Exchange Board of India (SEBI), an open-ended fund is a mutual fund scheme where the shares can be issued and redeemed at any time. -
Q. What is Expense Ratio?
A. The expense ratio is a fee that is charged by the fund house to the investors. This fee is used for the maintenance of the fund house. It includes annual operating costs, management fees, fees for other staff members, advertising costs, etc.
For Axis Mid Cap Fund, the Expense ratio is 0.46% (Direct-Growth) and 1.81% (Regular–Growth). -
Q. What is Exit Load?
A. Exit load is a fee that the fund house charges to the investors when they exit or redeem the units of the fund.
For Axis Mid Cap Fund, the Exit Load is 1.0% if you redeem or switch out more than 10% of your investment within 12 months of investing. Otherwise, the exit load is zero for the Axis Mid Cap Fund. -
Q. What is a lock-in period?
A. A lock-in period is a time at which an investor cannot exit or redeem his/her investments or units of the fund.
*All savings are provided by the insurer as per the IRDAI approved insurance
plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
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