Axis Midcap Fund
NAV
₹139.13
as of 6 Oct 2026
Axis Midcap Fund is an open-ended Mid Cap Fund scheme from Axis Mutual Fund managing ₹35,425 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹139.13 as of 6 Oct 2026. The expense ratio is 0.82% a year. Managed by Shreyash Devalkar. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.82% / yr
- as of 31 Aug 2026
- Fund size
- ₹35,425 crore
- as of 31 Aug 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 18 Feb 2011
- ISIN
- INF846K01EH3
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: NIFTY Midcap 150 Index
Axis Midcap Fund
₹174
+74% on ₹100 over 5.0 yrs
Mid Cap Fund average
₹194
+94% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -2.00% | -3.67% | +1.67 |
| 6 months | 7.40% | 12.13% | -4.73 |
| 1 year | 3.73% | 4.35% | -0.62 |
| 3 years (CAGR) | 15.51% | 15.82% | -0.31 |
| 5 years (CAGR) | 12.10% | 13.98% | -1.88 |
Category average across 29 funds, as of 5 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -4.7%
- Median
- 10.2%
- Best
- 50.1%
49 windows over the last 60 months, stepped monthly; 88% ended positive. Worst window began 3 Jan 2022. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 15.1%
- Median
- 18.7%
- Best
- 25.5%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Mar 2022. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.72
- Sharpe ratio (5Y)
- 0.58
- Sortino ratio (3Y)
- 1.09 vs category 1.04
- Standard deviation (3Y)
- 16.16%
- Beta (3Y)
- 0.85
- Alpha (3Y)
- 1.58%
- Deepest fall (5Y)
- -18.86%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-18.9%
Right now
-5.6% below peak
Ahead of its benchmark in 53% of months (window: 3y, monthly) – benchmark: NIFTY Midcap 150 Index, name shown only.
Where the money actually is
Equity
92.8%
Bonds
0.2%
Cash
7.0%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
91 positions · top 10 = 26.4%
Market-cap mix
Large 18.8%Mid 67.6%Small 4.8%Other 8.8%
as of 31 Aug 2026
Holdings by sector
Consumer Cyclical(2 in top 10)21.6%
- Sona BLW Precision Forgings Ltd2.71%
- Indian Hotels Co Ltd2.28%
Financial Services(2 in top 10)19.9%
- The Federal Bank Ltd4.40%
- PB Fintech Ltd2.32%
Industrials(2 in top 10)18.1%
- Apar Industries Ltd2.73%
- GE Vernova T&D India Ltd2.35%
Healthcare(2 in top 10)12.2%
- Fortis Healthcare Ltd3.21%
- Ipca Laboratories Ltd2.23%
- Technology6.8%
- Basic Materials5.3%
- Consumer Defensive3.1%
- Communication Services2.3%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 50.8% vs category 50.8% a year.
Other top holdings
- Clearing Corporation Of India Ltd5.27%
- Phoenix Mills Ltd2.13%
The businesses it owns
- P/E (trailing)
- 40.5 vs category 32.5
- P/B
- 6.5 vs category 4.7
- Dividend yield
- 0.5% vs category 0.7%
- Net margin
- 15.2% vs category 16.2%
- Earnings growth
- 18.5%
- Avg market cap
- ₹87,131 crore
Money in, money out
- Net flow, 12 months
- +₹779 cr
- Net flow, 3 months
- +₹324 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Axis Midcap Fund?
- ₹139.13 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Axis Midcap Fund?
- 0.82% a year for the Direct plan, as of 31 Aug 2026.
- How large is Axis Midcap Fund?
- ₹35,425 crore under management as of 31 Aug 2026, in the Mid Cap Fund category.
- How risky is Axis Midcap Fund?
- Its SEBI Riskometer reading is "Very High Risk". Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
- What are the 5-year returns of Axis Midcap Fund?
- 12.10% a year over the last 5 years (Direct plan, CAGR), against a Mid Cap Fund average of 13.98%. Past returns do not predict future returns.
- What is the worst 3-year return of Axis Midcap Fund?
- 15.1% a year – the weakest of 25 overlapping 3-year holding periods, beginning 2 Mar 2022. The median was 18.7% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Axis Midcap Fund?
- Shreyash Devalkar, managing this fund for 9.8 years.
Where this fund sits
Its shelf, all funds
Mc · Mid cap →
Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Mid Cap Fund funds
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY Midcap 150 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.