Axis Midcap Fund Growth

• Alpha 7.84%
• Beta 0.75
• Sharpe Ratio0.72
• Std Deviation 14.04%
• Tracking Error 8.40%

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

The Axis Midcap Fund Growth has an AUM of 30008.06 crores & has delivered CAGR of 23.08% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.57%. The minimum investment in Axis Midcap Fund Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Trent, Cholamandalam Investment & Finance Company, Supreme Industries & Indian Hotels Company.

The major sectors where the fund is invested are Auto & Truck Parts, Chemical Manufacturing, Software & Programming & Biotechnology & Drugs.

Some of the similar funds are Motilal Oswal Midcap Regular Growth, Nippon India Growth Fund - Growth, Kotak Emerging Equity Scheme Growth, SBI Magnum Midcap Fund Regular Growth, Axis Midcap Fund Growth. Axis Midcap Fund Growth has a sharpe ratio of 0.72 & a standard deviation of 14.04%.