Axis Nifty Midcap 50 Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio1.31
• Std Deviation 16.98%
• Tracking Error 0.00%

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 446.31 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 1.03%. 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 Bse, Max Healthcare Institute, Persistent Systems & Coforge.

The major sectors where the fund is invested are Software & Programming, Regional Banks, Investment Services & Construction Services.

Some of the similar funds are Axis Nifty Midcap 50 Index Fund Regular Growth, Bandhan Nifty Alpha 50 Index Fund Regular Growth, Kotak Nifty 200 Momentum 30 Index Fund Regular Growth, DSP Nifty Midcap 150 Quality 50 Index Fund Regular Growth, Nippon India Nifty 500 Equal Weight Index Fund Regular Growth. Axis Nifty Midcap 50 Index Fund Regular Growth has a sharpe ratio of 1.31 & a standard deviation of 16.98%.