Axis Midcap Fund - Direct Plan - Growth

As on 03 Jan 2025

Axis Midcap Fund - Direct Plan - Growth

Q: What kind of returns does Axis Midcap Fund - Direct Plan - Growth provide?

Axis Midcap Fund - Direct Plan - Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Axis Midcap Fund - Direct Plan - Growth had a return of 33.95% over the past 1 year.

Q: How much expense ratio is charged by Axis Midcap Fund - Direct Plan - Growth?

The expense ratio for Axis Midcap Fund - Direct Plan - Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 03 Jan 2025, the expense ratio charged by Axis Midcap Fund - Direct Plan - Growth is typically around 1.79 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Axis Midcap Fund - Direct Plan - Growth?

As of 03 Jan 2025, the Assets Under Management (AUM) of Axis Midcap Fund - Direct Plan - Growth is approximately ₹30329.585 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Axis Midcap Fund - Direct Plan - Growth?

The Net Asset Value (NAV) of Axis Midcap Fund - Direct Plan - Growth is updated daily and reflects the per-unit value of the fund's assets. As of 03 Jan 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Axis Midcap Fund - Direct Plan - Growth?

The PE ratio for Axis Midcap Fund - Direct Plan - Growth is 72.01 and the PB ratio is 11.97. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Axis Midcap Fund - Direct Plan - Growth?

The exit load for Axis Midcap Fund - Direct Plan - Growth is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Equity

NAV

₹ 130.92

CAGR (3 Years)

18.29%

AUM (Cr)

₹ 30,329.59

Risk

Very High Risk

About Axis Midcap Fund - Direct Plan - Growth

To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.

Breakdown of this Fund

Aerospace & Defence

5.06%

Agro Chemicals

4.67%

Auto Ancillaries

13.26%

Automobile

3.19%

Banks

9.16%

Bearings

4.72%

Cables

0.35%

Capital Goods - Electrical Equipment

11.69%

Capital Goods-Non Electrical Equipment

6.93%

Castings, Forgings & Fastners

0.96%

Cement

3.15%

Chemicals

3.41%

Consumer Durables

6.10%

Crude Oil & Natural Gas

0.28%

Debt Others

12.55%

Diamond, Gems and Jewellery

0.80%

Diversified

1.24%

E-Commerce/App based Aggregator

2.41%

Electronics

0.86%

Fertilizers

4.47%

Finance

13.12%

Financial Services

1.39%

FMCG

1.96%

Healthcare

8.12%

Hotels & Restaurants

5.87%

Insurance

3.24%

IT - Software

18.48%

Logistics

0.53%

Pharmaceuticals

14.66%

Plastic products

5.98%

Power Generation & Distribution

3.83%

Quick Service Restaurant

0.80%

Readymade Garments/ Apparells

2.32%

Realty

9.60%

Refineries

0.90%

Retail

7.07%

Steel

0.69%

Telecomm-Service

4.16%

Tyres

2.05%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

1.79

Exit Load

If redeemed/swich out within 12 months from the date of allotment, - For 10% of ...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.