3 Year return
18.98%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹31321.58 Cr.
Expense Ratio
0.53% (inclusive of GST)
Exit Load
If redeemed/swich out within 12 months from the date of allotment, - For 10% of investments : Nil - For remaining investments : 1% NIL - If redeemed/switch out after 12 months from the date of allotment.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Axis Mutual Fund Managers
SD
Shreyash Devalkar
Fund Manager since Aug 2024
Fund House Details
Axis Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Motilal Oswal Midcap Fund |
37.14% |
4.5 |
Quant Mid Cap Fund |
30.22% |
4 |
Edelweiss Mid Cap Fund |
27.23% |
3 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment
About Axis Midcap Fund Direct Plan IDCW Payout
The Axis Midcap Fund Direct Plan IDCW Payout is a mutual fund that invests in mid-cap companies. Mid-cap companies are those with a market capitalization of between ₹5,000 crores and ₹20,000 crores. This fund aims to provide long-term capital appreciation by investing in a diversified portfolio of mid-cap companies. The Axis Midcap Fund Direct Plan IDCW Payout is a mid-cap mutual fund managed by Axis Mutual Fund, one of the largest mutual fund companies in India.
Investment Objective of the Scheme
The investment objective of the Axis Midcap Fund Direct Plan IDCW Payout is to provide long-term capital appreciation by investing in a diversified portfolio of mid-cap companies. The fund also provides regular income to its investors via dividend payments.
Key Features of The Fund
5-year return | 26.1% |
Expense Ratio | 0.53% |
Fund Manager | Shreyash Devalkar |
Fund Size | ₹31321.58 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The Axis Midcap Fund Direct Plan IDCW Payout is a good option for investors who are looking for long-term capital appreciation and who are willing to take on some medium-level risk. This scheme is a long-term investment, so you should only invest if you are planning to hold the units for at least 3-5 years. The fund is not suitable for investors who need regular income or who are not comfortable with the volatility of mid-cap stocks.
AMC Contact Details
Name | Axis Mutual Fund |
Launch Date | January 2009 |
Addresss | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
Contact | 8108622211 |
customerservice@axismf.com | |
Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Axis Midcap Fund Direct Plan IDCW Payout?
What is the AUM of Axis Midcap Fund Direct Plan IDCW Payout?
What is the expense ratio of Axis Midcap Fund Direct Plan IDCW Payout?
What are the returns of Axis Midcap Fund Direct Plan IDCW Payout since inception?
What is the minimum SIP amount to invest in Axis Midcap Fund Direct Plan IDCW Payout?
How do I invest in Axis Midcap Fund Direct Plan IDCW Payout?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Midcap Fund Direct Plan IDCW Payout?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Midcap Fund Direct Plan IDCW Payout?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Midcap Fund Direct Plan IDCW Payout?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.