Midcap Fund

Axis Midcap Fund

Open Ended

Official details checked 06 September 2026 · latest available AMFI NAV dated 04 Sep 2026
Reference NAV₹144.1300Axis Midcap Fund - Direct Plan - Growth Option · NAV date 04 Sep 2026
RiskometerVery HighCan change monthly
Expense ratioRegular 1.78%, Direct 0.84%Official stated figure; verify current TER
Allotment / launch18 Feb 2011Axis Mutual Fund
Full official AMFI Scheme Summary Document available below.

Saved AMFI NAV is visible. Checking for the latest available AMFI report after page load · saved snapshot 04 Sep 2026.

Plain-language summary

A market-linked pooled investment

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

Who may study it further

Investors whose goal, horizon and risk capacity match the official scheme objective.

Main risks to understand

The scheme can lose value; study the portfolio, costs, liquidity and concentration before investing.

Not an income promise: The objective describes what the manager aims to do. It is not a guaranteed result, return or capital-protection statement.
Portfolio design

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
Top holdings

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.

Live verificationAxis Midcap FundConfirm the reporting month, security name, sector and percentage of net assets.
Fund management

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.

Plans and options

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 AMFINAVDate
Axis Midcap Fund - Direct Plan - Growth Option₹144.130004 Sep 2026
Axis Midcap Fund - Direct Plan - IDCW Option₹55.860004 Sep 2026
Axis Midcap Fund - Regular Plan - Growth Option₹122.620004 Sep 2026
Axis Midcap Fund - Regular Plan - IDCW Option₹41.810004 Sep 2026
Costs and access

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.
Expense ratios change. Direct and regular plans normally have different expense ratios. Read the latest TER disclosure before investing.
Premium-free process

How a mutual-fund investment is paid

  1. Complete KYCIdentity, PAN, bank and contact verification are required.
  2. Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
  3. Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
  4. Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
  5. Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Original documents

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.

Need a human explanation?

Talk through the fund, costs and risks before deciding.

Educational support only — no promise of returns.

Call expert+91 9426587283 Chat with expertWhatsApp