Axis Nifty Midcap 50 Index Fund Regular Growth

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Index Funds
Index Funds
Rating N.A.
Plan

14.76 +0.16 (1.08%) NAV as on 01 Dec, 2023

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)105.68
CAGR 37.06%
Exit Load0.25%
Expense ratio0.98%
CategoryIndex Funds
Min Investment100
Min SIP1000
Launch Date2022-03-28

Asset Allocation

Holdings As On - 05 December 2023

Holdings

Sectors

Name
Value (Cr)
Holding %

Shriram Finance
5.14
4.86%

Trent
4.51
4.26%

Federal Bank
3.39
3.20%

TVS Motor Co
3.31
3.13%

Power Finance Corp
3.03
2.86%

REC
2.96
2.80%

IDFC First Bank
2.91
2.75%

Persistent Systems
2.77
2.62%

Peer Comparison

Fund Name
Kotak Nifty Next 50 Index Fund Regular Growth10.24%
HDFC Nifty 100 Index Fund Regular Growth7.25%
Axis Nifty Midcap 50 Index Fund Regular Growth37.06%
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular Growth45%
Axis Nifty Next 50 Index Fund Regular Growth10.15%

Risk & Volitility

Alpha 0.00%
Beta 0.00
Sharpe Ratio0.00
Std Deviation 0.00%
Tracking Error 0.00%

About Fund

To provide returns before expenses that closely corresponds to the total returns of the NIFTY MIDCAP 50 subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.

The Axis Nifty Midcap 50 Index Fund Regular Growth has an AUM of 105.68 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.25% and an expense ratio of 0.98%. The minimum investment in Axis Nifty Midcap 50 Index Fund Regular Growth is Rs 100 and the minimum SIP is Rs 1000.

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

The top holdings of the fund include Shriram Finance, Trent, Indian Hotels Company & Au Small Finance Bank.

The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Biotechnology & Drugs & Software & Programming.

Some of the similar funds are Kotak Nifty Next 50 Index Fund Regular Growth, HDFC Nifty 100 Index Fund Regular Growth, Axis Nifty Midcap 50 Index Fund Regular Growth, Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular Growth, Axis Nifty Next 50 Index Fund Regular Growth. Axis Nifty Midcap 50 Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.