Axis Midcap Fund - Regular Plan - Growth
Fund House: Axis Mutual Fund| Category: Equity: Mid Cap |
| Launch Date: 15-02-2011 |
| Asset Class: Equity |
| Benchmark: S&P BSE MidCap TRI |
| Expense Ratio: 1.85% As on (31-03-2021) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 100.0 |
| Total Assets: 10,431.65 Cr As on (31-03-2021) |
| Turn over: 28% | Exit Load: For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
56.05
0.59 (1.0526%)
18.37%
S&P BSE MidCap TRI 8.75%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme aims to generate long term capital growth by investing predominantly in equity and equity related securities of mid size companies. The focus of the fund would be to invest in relatively larger companies within this category.
Current Asset Allocation (%)
Indicators
| Volatility | 14.88 |
| Sharp Ratio | 0.39 |
| Alpha | -4.62 |
| Beta | 0.94 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Axis Midcap Fund - Regular Plan - Growth | 15-02-2011 | 60.33 | 25.44 | 16.71 | 18.54 | 18.62 |
| PGIM India Midcap Opportunities Fund - Regular Plan - Growth Option | 05-12-2013 | 108.58 | 37.34 | 18.03 | 18.38 | - |
| SBI Magnum Midcap Fund - Regular Plan - Growth | 29-03-2005 | 93.19 | 24.72 | 10.55 | 12.49 | 17.51 |
| Mirae Asset Midcap Fund - Regular Plan | 02-07-2019 | 92.63 | - | - | - | - |
| ICICI Prudential MidCap Fund - Growth | 10-10-2004 | 89.8 | 17.73 | 8.45 | 14.58 | 15.25 |
| quant Mid Cap Fund - Growth Option - Regular Plan | 26-02-2001 | 86.47 | 31.34 | 18.05 | 16.0 | 12.91 |
| Union Midcap Fund - Regular Plan - Growth Option | 23-03-2020 | 84.69 | - | - | - | - |
| Kotak Emerging Equity Scheme - Growth | 30-03-2007 | 84.48 | 25.29 | 12.97 | 17.15 | 18.24 |
| Edelweiss Mid Cap Fund - Regular Plan - Growth Option | 26-12-2007 | 81.03 | 25.44 | 10.32 | 16.98 | 18.14 |
| HDFC Mid-Cap Opportunities Fund - Growth Plan | 05-06-2007 | 80.74 | 19.14 | 8.92 | 15.44 | 17.36 |
Scheme Characteristics
Minimum investment in equity & equity related instruments of mid cap companies - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
3.14%
Others
6.3%
Large Cap
25.29%
Mid Cap
65.27%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
