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Axis Nifty Midcap 50 Index Fund Direct-idcw
Equity
Mid Cap
Very High Risk
Latest AUM
₹ 700.9 Cr.
NAV as on 03 aug, 2026
₹ 22.27
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
Axis Nifty Midcap 50 Index Fund Direct-idcw
Inception Date
28 Mar 2022
Lock In
No Lock-in
SIP Minimum Investment amount
₹100
SWP Minimum Investment amount
₹1000
STP Minimum Investment amount
₹1000
Risk
Principal at very high risk
Portfolio Composition Analysis
Equity
100.08%
Debt
0.30%
Portfolio Updated on: 10 Jul, 2026
Sector Allocations
Equity
Financial
Industrials
Technology
Consumer Discretionary
Healthcare
Materials
Consumer Staples
Energy & Utilities
Real Estate
Portfolio Updated on: 03 aug, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| BSE Ltd | Financial | Equity | 7.57% |
| BSE Ltd | Financial | Equity | 7.05% |
| BSE Ltd | Financial | Equity | 7.05% |
| BSE Ltd | Financial | Equity | 6.91% |
| BSE Ltd | Financial | Equity | 5.64% |
| BSE Ltd | Financial | Equity | 5.42% |
| BSE Ltd | Financial | Equity | 5.72% |
| BSE Ltd | Financial | Equity | 5.62% |
| BSE Ltd | Financial | Equity | 5.62% |
| BSE Ltd | Financial | Equity | 5.14% |
Debt & Credit Risk Analysis
| Alpha | 0.72% |
| Beta | 1.01% |
| R2 | 0.96% |
| Sharpe Ratio | 0.72% |
| Standard Deviation | 18.41% |
| Sortino Ratio | 0.97% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 8.60% | NA | 3.91% |
| 6 Months | 7.78% | NA | 15.00% |
| 9 Months | 7.05% | NA | 3.71% |
| 1 Year | 14.80% | 14.80% | -1.69% |
| 2 Years | 12.98% | 6.29% | 21.90% |
| 3 Years | 72.07% | 19.83% | 21.59% |
Axis Nifty Midcap 50 Index Fund Direct-idcw is one Equity mutual fund offered by Axis Mutual Fund. Launched on 28 Mar 2022, the fund aims Long term wealth creation solution. An index fund that seeks to track returns by investing in a basket of Nifty Midcap 50 Index stocks and aims to achieve returns of the stated index, subject to tracking error. It manages assets worth ₹700.9 crore as on Tue Jun 30, 2026. The expense ratio stands at 0.29%.
Karthik Kumar has experience Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Motilal Oswal Midcap Fund Direct-growth | 37,473.9 | +6.70% | +12.14% | +7.82% | +1.20% | +21.27% | +22.96% |
| Motilal Oswal Midcap Fund Direct-idcw | 37,473.9 | +6.70% | +12.14% | +7.82% | +1.20% | +21.27% | +22.96% |
| Motilal Oswal Midcap Fund Regular-growth | 37,473.9 | +6.63% | +11.92% | +7.40% | +0.39% | +20.11% | +21.70% |
| Motilal Oswal Midcap Fund Regular-idcw | 37,473.9 | +6.63% | +11.92% | +7.40% | +0.39% | +20.11% | +21.70% |
| Invesco India Mid Cap Fund Direct-growth | 13,790.3 | +1.69% | +13.07% | +14.45% | +15.12% | +26.84% | +20.91% |
| Invesco India Mid Cap Fund Direct-idcw | 13,790.3 | +1.69% | +13.07% | +14.45% | +15.12% | +26.84% | +20.91% |
| HDFC Mid Cap Fund Direct-growth | 100,858.3 | +3.02% | +8.64% | +5.45% | +12.33% | +20.88% | +20.50% |
| HDFC Mid Cap Fund Direct-idcw | 100,858.3 | +3.02% | +8.64% | +5.45% | +12.33% | +20.88% | +20.50% |
| Nippon India Growth Mid Cap Fund Direct-growth | 49,169.1 | +2.01% | +6.49% | +8.62% | +13.55% | +22.41% | +19.80% |
| Nippon India Growth Mid Cap Fund Direct-idcw | 49,169.1 | +2.01% | +6.49% | +8.62% | +13.55% | +22.41% | +19.80% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from Axis Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Axis Midcap Fund Regular-growth | 33,803.0 | +2.69% | +7.08% | +9.22% | +9.60% | +17.50% | +13.55% |
| Axis Midcap Direct Plan-growth | 33,803.0 | +2.77% | +7.35% | +9.77% | +10.71% | +18.72% | +14.82% |
| Axis Midcap Fund Regular-idcw | 33,803.0 | +2.69% | +7.08% | +9.22% | +9.60% | +17.50% | +13.55% |
| Axis Midcap Direct Plan-idcw | 33,803.0 | +2.77% | +7.35% | +9.77% | +10.71% | +18.72% | +14.82% |
| Axis Nifty Midcap 50 Index Fund Regular-growth | 700.9 | +2.98% | +8.37% | +7.37% | +13.92% | +18.94% | — |
| Axis Nifty Midcap 50 Index Fund Direct-growth | 700.9 | +3.05% | +8.60% | +7.78% | +14.80% | +19.83% | — |
| Axis Nifty Midcap 50 Index Fund Regular-idcw | 700.9 | +2.98% | +8.37% | +7.37% | +13.92% | +18.94% | — |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| HDFC Mid Cap Fund Regular-growth | 100,858.3 | +2.98% | +8.49% | +5.14% | +11.65% | +20.11% | +19.71% |
| HDFC Mid Cap Fund Direct-growth | 100,858.3 | +3.02% | +8.64% | +5.45% | +12.33% | +20.88% | +20.50% |
| HDFC Mid Cap Fund Regular-idcw | 100,858.3 | +2.98% | +8.49% | +5.14% | +11.65% | +20.11% | +19.71% |
| HDFC Mid Cap Fund Direct-idcw | 100,858.3 | +3.02% | +8.64% | +5.45% | +12.33% | +20.88% | +20.50% |
| Kotak Midcap Fund Regular-growth | 67,611.0 | +1.47% | +7.24% | +9.18% | +9.55% | +19.50% | +16.60% |
| Kotak Midcap Fund Direct-growth | 67,611.0 | +1.55% | +7.52% | +9.72% | +10.66% | +20.76% | +17.91% |
| Kotak Midcap Fund Direct-idcw | 67,611.0 | +1.55% | +7.52% | +9.72% | +10.66% | +20.76% | +17.91% |
| Kotak Midcap Fund Regular-idcw | 67,611.0 | +1.47% | +7.24% | +9.18% | +9.55% | +19.50% | +16.60% |
| Nippon India Growth Mid Cap Fund-growth | 49,169.1 | +1.95% | +6.28% | +8.22% | +12.66% | +21.43% | +18.85% |
| Nippon India Growth Mid Cap Fund Direct-growth | 49,169.1 | +2.01% | +6.49% | +8.62% | +13.55% | +22.41% | +19.80% |
Top funds are based on Fund AUM
Top Equity Funds
| Fund name | ||||
|---|---|---|---|---|
| Motilal Oswal Midcap Fund Direct-growth | ₹117.60 | +21.27% | +22.96% | — |
| Motilal Oswal Midcap Fund Direct-idcw | ₹47.97 | +21.27% | +22.96% | — |
| Motilal Oswal Midcap Fund Regular-growth | ₹101.82 | +20.11% | +21.70% | — |
| Motilal Oswal Midcap Fund Regular-idcw | ₹46.01 | +20.11% | +21.70% | — |
| Invesco India Mid Cap Fund Direct-growth | ₹245.43 | +26.84% | +20.91% | — |
| Invesco India Mid Cap Fund Direct-idcw | ₹85.68 | +26.84% | +20.91% | — |
| Hdfc Mid Cap Fund Direct-growth | ₹236.54 | +20.88% | +20.50% | — |
| Hdfc Mid Cap Fund Direct-idcw | ₹83.99 | +20.88% | +20.50% | — |
| Nippon India Growth Mid Cap Fund Direct-growth | ₹5,055.24 | +22.41% | +19.80% | — |
| Nippon India Growth Mid Cap Fund Direct-idcw | ₹196.08 | +22.41% | +19.80% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 03 Aug 2026 | ₹22.27 |
| 31 Jul 2026 | ₹22.03 |
| 30 Jul 2026 | ₹21.94 |
| 29 Jul 2026 | ₹22.01 |
| 28 Jul 2026 | ₹21.87 |
| 27 Jul 2026 | ₹21.82 |
| 24 Jul 2026 | ₹21.54 |
| 23 Jul 2026 | ₹21.51 |
| 22 Jul 2026 | ₹21.74 |
| 21 Jul 2026 | ₹22.00 |
| 20 Jul 2026 | ₹21.93 |
| 17 Jul 2026 | ₹21.80 |
| 16 Jul 2026 | ₹21.86 |
| 15 Jul 2026 | ₹21.92 |
| 14 Jul 2026 | ₹21.86 |
| 13 Jul 2026 | ₹21.98 |
| 10 Jul 2026 | ₹21.95 |
| 09 Jul 2026 | ₹21.68 |
| 08 Jul 2026 | ₹21.39 |
| 07 Jul 2026 | ₹21.71 |
| 06 Jul 2026 | ₹21.71 |
| 03 Jul 2026 | ₹21.61 |
| 02 Jul 2026 | ₹21.63 |
| 01 Jul 2026 | ₹21.53 |
| 30 Jun 2026 | ₹21.38 |
| 29 Jun 2026 | ₹21.29 |
| 25 Jun 2026 | ₹21.37 |
| 24 Jun 2026 | ₹21.49 |
| 23 Jun 2026 | ₹21.43 |
| 22 Jun 2026 | ₹21.63 |
Portfolio Updated on: 04 Aug, 2026
Fund Growth & Size Analysis
+₹700.9 Cr
Since Launch
This Fund
Category Average
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Axis Nifty Midcap 50 Index Fund Direct-idcw Returns Comparison
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Axis Nifty Midcap 50 Index Fund Direct-idcw FAQ'S
- Sharpe Ratio: 0.72%
- Standard Deviation: 18.41%
- Beta: 1.01%
- Alpha: 0.72%
- R-squared: 0.96%
- Information Ratio: 0.23%
- Sortino Ratio: 0.97%
Additional important ratios:
As of Tue Jun 30, 2026, the total assets managed under Axis Nifty Midcap 50 Index Fund Direct-idcw stand at approximately ₹ 700.9 crore.
The Axis Nifty Midcap 50 Index Fund Direct-idcw has delivered the following short-term performance:
- 3 Months Return: 8.60%
- 6 Months Return: 7.78%
The historical growth of the Axis Nifty Midcap 50 Index Fund Direct-idcw is reflected through its CAGR returns:
- 3 Year CAGR: 19.83%
- Return Since Launch: 20.19%
The portfolio of Axis Nifty Midcap 50 Index Fund Direct-idcw is distributed across different asset classes as follows:
- Equity: 100.08%
- Debt Instruments: 0.30%
The Axis Nifty Midcap 50 Index Fund Direct-idcw is managed by Karthik Kumar, representing Axis Mutual Fund.
The Axis Nifty Midcap 50 Index Fund Direct-idcw investments are allocated across market caps in the following manner:
- Large Cap Stocks: 14.35%
- Mid Cap Stocks: 85.65%
Top stock holdings of Axis Nifty Midcap 50 Index Fund Direct-idcw include:
- BSE Ltd – represents 7.57% of the portfolio
- BSE Ltd – represents 7.05% of the portfolio
- BSE Ltd – represents 7.05% of the portfolio
- BSE Ltd – represents 6.91% of the portfolio
- BSE Ltd – represents 5.64% of the portfolio
- BSE Ltd – represents 5.42% of the portfolio
- BSE Ltd – represents 5.72% of the portfolio
- BSE Ltd – represents 5.62% of the portfolio
- BSE Ltd – represents 5.62% of the portfolio
- BSE Ltd – represents 5.14% of the portfolio
Major sector exposures in Axis Nifty Midcap 50 Index Fund Direct-idcw are:
- Financial – accounts for 386.80% of the portfolio
- Industrials – accounts for 224.42% of the portfolio
- Technology – accounts for 137.95% of the portfolio
- Consumer Discretionary – accounts for 132.08% of the portfolio
- Healthcare – accounts for 110.68% of the portfolio
