Mid cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Axis Asset Management Company Limited manages assets worth 192,437 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 30 equity,93 debt and 35 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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About Axis Midcap Fund (G)
About Axis Midcap Fund (G)
Axis Midcap Fund (G) is a mid cap equity fund and has delivered an annualised return of 18.5% over a period of 10 years ..The fund is managed by Axis Asset Management Company Limited.The fund managers are Hitesh Das, Shreyash Devalkar
Axis Midcap Fund (G) Investment Objective
To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies. However, there is no assurance that the objective of the scheme will be realized.
Axis Midcap Fund (G) NAV,AUM,Risk
The Axis Midcap Fund (G) fund was launched on Feb 18, 2011. The NAV (Net Asset Value) of this mid cap equity as of 2021-03-03 is ₹ 55.76. The total AUM (Asset Under Management) of the fund as of 2021-03-03 is ₹ 8608.323. The category risk of the Axis Midcap Fund (G) fund is Very High Risk.
The fund charges 1.87 % as expense ratio.
Axis Midcap Fund (G) Holdings
The fund’s highest allocation is towards equity and has invested 95.8% in this asset class. The top three holdings of the fund are cholamandalam investment and finance co ltd,voltas ltd shs dematerialised and pi industries ltd
Axis Midcap Fund (G) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
Axis Midcap Fund (G) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE Midcap TR INR
Axis Midcap Fund (G) Review
Axis Midcap Fund (G) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Axis Midcap Fund (G) has a score of 5 out of 5.
Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.
