Axis Nifty Midcap 50 Index Fund
NAV
₹20.84
as of 6 Oct 2026
Axis Nifty Midcap 50 Index Fund is an open-ended Index Funds scheme from Axis Mutual Fund managing ₹772 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹20.84 as of 6 Oct 2026. The expense ratio is 0.29% a year. Managed by Nandik Malik. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.29% / yr
- as of 31 Aug 2026
- Fund size
- ₹772 crore
- as of 31 Aug 2026
- Exit load
- 0.25%
- SIP available
- Yes
- Launched
- 28 Mar 2022
- ISIN
- INF846K019H0
₹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 50
Axis Nifty Midcap 50 Index Fund
₹206
+106% on ₹100 over 4.5 yrs
Index Funds average
₹157
+57% on ₹100 over 4.5 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -5.17% | -4.46% | -0.71 |
| 6 months | 4.52% | 4.03% | +0.49 |
| 1 year | 3.40% | 1.01% | +2.39 |
| 3 years (CAGR) | 13.76% | 12.91% | +0.85 |
No category average is available for this fund. 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
- -4.9%
- Median
- 14.4%
- Best
- 62.1%
44 windows over the last 55 months, stepped monthly; 91% ended positive. Worst window began 1 Oct 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 13.4%
- Median
- 23.3%
- Best
- 31.8%
20 windows over the last 55 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.68
- Sortino ratio (3Y)
- 1.05
- Standard deviation (3Y)
- 18.38%
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
-19.7%
Right now
-8.5% below peak
Where the money actually is
Equity
100.0%
Cash
-0.0%
Whole-portfolio split, as of 31 Aug 2026. The size split below covers only the equity slice of this.
What it owns
52 positions · top 10 = 33.5%
Market-cap mix (equity sleeve)
Large 12.7%Mid 87.4%
as of 31 Aug 2026
Holdings by sector
Financial Services(5 in top 10)29.5%
- BSE Ltd5.67%
- The Federal Bank Ltd3.72%
- Multi Commodity Exchange of India Ltd3.67%
- IndusInd Bank Ltd2.83%
- PB Fintech Ltd2.74%
Industrials(1 in top 10)18.3%
- Bharat Heavy Electricals Ltd2.73%
Technology(2 in top 10)13.6%
- One97 Communications Ltd3.06%
- Coforge Ltd2.92%
Healthcare(1 in top 10)11.9%
- Laurus Labs Ltd3.15%
Consumer Cyclical(1 in top 10)6.7%
- Hero MotoCorp Ltd2.99%
- Basic Materials4.3%
- Communication Services4.2%
- Consumer Defensive3.8%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 48.7% vs category 33.7% a year.
Money in, money out
- Net flow, 12 months
- +₹201 cr
- Net flow, 3 months
- +₹49 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Axis Nifty Midcap 50 Index Fund?
- ₹20.84 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Axis Nifty Midcap 50 Index Fund?
- 0.29% a year for the Direct plan, as of 31 Aug 2026.
- How large is Axis Nifty Midcap 50 Index Fund?
- ₹772 crore under management as of 31 Aug 2026, in the Index Funds category.
- How risky is Axis Nifty Midcap 50 Index Fund?
- Its SEBI Riskometer reading is "Low Risk". Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
- What is the worst 3-year return of Axis Nifty Midcap 50 Index Fund?
- 13.4% a year – the weakest of 20 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 23.3% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Axis Nifty Midcap 50 Index Fund?
- Nandik Malik, managing this fund for 0.5 years.
Where this fund sits
Its shelf, all funds
Ix · Index funds & ETFs →
Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
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 Index Funds funds
- UTI Nifty 50 Index Fund₹29,485 crore
- HDFC Nifty 50 Index Fund₹23,784 crore
- Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund₹2,255 crore
- Axis Nifty 100 Index Fund₹2,101 crore
- SBI Nifty 500 Index Fund₹780 crore
- HDFC NIFTY Smallcap 250 Index Fund₹775 crore
- Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund₹748 crore
- Franklin India NSE Nifty 50 Index Fund₹733 crore
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 50) 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.