The scheme seeks to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Krishnaa Narayan
She is a Chartered Accountant
Prior to joining Axis Mutual Fund, she has worked with Price Waterhouse Coopers
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis Midcap Fund is ₹123.3 as of 2026-08-28.
Axis Midcap Fund is classified as a Mid Cap fund.
The Assets Under Management (AUM) of Axis Midcap Fund is ₹34,403.73 Cr.
The expense ratio of Axis Midcap Fund is 1.76%.
Axis Midcap Fund is managed by Krishnaa Narayan.
The minimum SIP investment for Axis Midcap Fund is ₹100.
As per the SEBI Riskometer, Axis Midcap Fund carries a Very High risk level.
Axis Midcap Fund has delivered 10.28% (1Y), 16.89% (3Y) and 13.42% (5Y) annualised returns as of 2026-08-28.
Axis Midcap Fund was launched on 2009-09-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
