Axis Midcap Fund delivers 46.86% return in last year, 68.45% over 3 years, with top holdings in Trent and Chola inv finance

Axis Midcap Direct Plan-Growth is an equity mutual fund scheme offered by Axis Mutual Fund. The fund has an AUM of ₹31,321.58 crores and the current NAV is ₹130.350 as of October 5, 2024.

The return performance of the Axis Midcap Direct Plan-Growth plan has been 46.86% in the last year, 68.45% in the previous three years and 846.62% from the scheme’s launch.

Advertisement

Axis Midcap Fund Returns

Period This fund Category average
1 month -1.05% -0.72%
3 months 1.76% 3.25%
6 months 21.7% 21.59%
1 year 46.86% 49.45%
3 years 18.79% 23.89%
5 years 26.28% 30.24%
10 years 19.45% 19.79%

Axis Midcap Fund Top 5 Holdings

Name Sector Instrument Assets
Services Equity 3.50%
Financial Equity 3.02%
Chemicals Equity 2.73%
Services Equity 2.57%
Automobile Equity 2.54%

Sector Allocation in Axis Midcap Fund

Sector Percentage Holding (%) Value (₹ Cr)
Capital Goods 12.28 ₹3,847.56
Services 11.65 ₹3,649.19
Financial 11.49 ₹3,598.56
Automobile 10.92 ₹3,421.80
Healthcare 10.87 ₹3,406.06
Others 42.78 ₹13,399.37

 

Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.