A market-linked pooled investment
To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
Investors whose goal, horizon and risk capacity match the official scheme objective.
The scheme can lose value; study the portfolio, costs, liquidity and concentration before investing.
How the money may be invested
Equity and Equity Related Instruments of Midcap companies - (65%-100%),Equity and Equity Related Instruments of non Mid-cap Companies - (0%-35%), Debt and Money Market Instruments - (0%-35%),Units issued by InvITs - (0%-10%)
- SEBI category
- Midcap Fund
- Fund type
- Open Ended
- Primary benchmark
- BSE 150 MidCap TRI
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Shreyash Devalkar, Ms. Krishnaa N, Mr. Nitin Arora
- Manager tenure on this scheme
- Since Mr. Shreyash Devalkar - 23rd November 2016, Ms. Krishnaa N - 01st March 2024 Mr. Nitin Arora - 03rd August 2023
- Role / co-management
- Mr. Shreyash Devalkar - Comanage/Domestic Equities, Ms. Krishnaa N - Foreign Securities, Mr. Nitin Arora - Comanage/Domestic Equities
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Axis Midcap Fund - Direct Plan - Growth Option | ₹144.1300 | 04 Sep 2026 |
| Axis Midcap Fund - Direct Plan - IDCW Option | ₹55.8600 | 04 Sep 2026 |
| Axis Midcap Fund - Regular Plan - Growth Option | ₹122.6200 | 04 Sep 2026 |
| Axis Midcap Fund - Regular Plan - IDCW Option | ₹41.8100 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 1.78%, Direct 0.84%
- Exit load
- If redeemed / switched-out within 12 months from the date of allotment,- For 10% of investments: Nil FIFO basis,For remaining investments: 1% w.e.f., 25/09/2017.
- Minimum application
- 100 · multiples of 1
- SIP frequency
- SIP - Daily / Weekly / Monthly / Yearly SWP - Weekly / Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
- Minimum SIP amount
- SIP Daily - 10.00, Weekly - 100.00, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00
- Minimum instalments
- SIP Daily -6, Weekly - 6, Monthly - 6 SIP - Yearly - 3 SWP - Weekly - 5, Monthly - 6, Quarterly - 4, Halfyearly - 4, Yearly - 2 STP - Daily -6, Weekly - 6, Fortnightly -6, Monthly - 6, Quarterly -2.
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.