Axis Midcap Fund Overview
Category Mid Cap Fund
BMSMONEY Rank 18
BMSMONEY Rating
Growth Option As On: 22-04-2024
NAV ₹92.4 (R) +0.25% ₹106.03 (D) +0.26%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 40.26% 19.56% 20.69% 18.4% 19.37%
LumpSum Dir. P 41.77% 21.0% 22.22% 19.86% 20.84%
SIP Reg. P 17.61% 16.65% 21.37% 19.7% 18.04%
SIP Dir. P 18.96% 17.99% 22.89% 21.18% 19.46%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.77 0.42 0.74 -1.88% 0.13
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.01% -14.34% -14.82% 0.78 8.83%

NAV Date: 22-04-2024

Scheme Name NAV Rupee Change Percent Change
Axis Midcap Fund - Regular Plan - IDCW 37.55
0.1000
0.2700%
Axis Midcap Fund - Direct Plan - IDCW 48.98
0.1300
0.2700%
Axis Midcap Fund - Regular Plan - Growth 92.4
0.2300
0.2500%
Axis Midcap Fund - Direct Plan - Growth 106.03
0.2800
0.2600%

Review Date: March 28, 2024

The Mid Cap Fund category has 23 funds. Performance of the Axis Midcap Fund has been analyzed on 20 performance parameters. Out of eight return parameters, the fund has one return parameter in first quartile; whereas three risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved 18th (out of 23 funds), which is ok rank in the Mid Cap Fund category.
We use a composite performance score in our ranking process that considers factors like the fund's returns, risk, and risk-adjusted performance over a period of three years. This composite performance score subsequently guides the ranking of funds within a category.

The Axis Midcap Fund has poor return performance, as all 1 year and above return parameters are below average in Mid Cap Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Axis Midcap Fund has given return of 1.11% in last one month which is very good as it is in the top quartile in Mid Cap Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Axis Midcap Fund has given return of 5.56% in last three month which is good as it is above average in Mid Cap Fund.
  3. 1 Year Return%: The Axis Midcap Fund has given return of 42.86% in last one year which is very poor as it is in the fourth quartile in Mid Cap Fund. The one year return rank of Axis Midcap Fund is 19 in 23 funds. The investment of ₹ 10,000 in this fund would have become ₹ 14286.0 in one year.
  4. 3 Year Return%: The Axis Midcap Fund has given return of 18.66% in last three year which is very poor as it is in the fourth quartile with rank of 21 in 22 funds. in Mid Cap Fund.
  5. 5 Year Return%: The Axis Midcap Fund has given return of 20.08% in last five year which is poor as it is in the below average with return rank of 13 in 19 funds. in Mid Cap Fund.
  6. 1 Year SIP Return%: The Axis Midcap Fund has given return of 18.29% in last one year which is very poor as it is in the fourth quartile with rank of 18 in 23 funds. in Mid Cap Fund.
  7. 3 Year SIP Return%: The Axis Midcap Fund has given return of 18.17% in last three year which is very poor as it is in the fourth quartile with rank of 19 in 22 funds. in Mid Cap Fund.
  8. 5 Year SIP Return%: The Axis Midcap Fund has given return of 21.54% in last five year which is very poor as it is in the fourth quartile with rank of 18 in 19 funds. in Mid Cap Fund.
    9. '
'

The Axis Midcap Fund has above average risk performance, as more than 25% risk parameters are in the top quartile in Mid Cap Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Axis Midcap Fund has standard deviation of 13.01 which is very good as it is in the top quartile with risk rank of 4 in 21 funds. in Mid Cap Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Axis Midcap Fund has semi deviation of 8.83 which is very good as it is in the top quartile with risk rank of 3 in 21 funds. in Mid Cap Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Axis Midcap Fund has max drawdown of -14.82% which is very poor as it is in the fourth quartile with risk rank of 18 in 21 funds. in Mid Cap Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Axis Midcap Fund has 1Y VaR at 95% of -14.34% which is very good as it is in the top quartile with risk rank of 6 in 21 funds. in Mid Cap Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Axis Midcap Fund has average drawdown of -6.49% which is very poor as it is in the fourth quartile with risk rank of 19 in 21 funds. in Mid Cap Fund.
    6. '
'

The Axis Midcap Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Mid Cap Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Axis Midcap Fund has Sterling Ratio of 0.74 which is very poor as it is in the fourth quartile with risk rank of 19 in 21 funds. in Mid Cap Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Axis Midcap Fund has Sortino Ratio of 0.42 which is very poor as it is in the fourth quartile with risk rank of 19 in 21 funds. in Mid Cap Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Axis Midcap Fund has Jensen Alpha of -1.88% which is very poor as it is in the fourth quartile with risk rank of 17 in 21 funds. in Mid Cap Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Axis Midcap Fund has Treynor Ratio of 0.13 which is very poor as it is in the fourth quartile with risk rank of 18 in 21 funds. in Mid Cap Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Axis Midcap Fund has Modigliani Square Measure of 20.64% which is very poor as it is in the fourth quartile with risk rank of 20 in 21 funds. in Mid Cap Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The Axis Midcap Fund has Alpha of -7.37% which is very poor as it is in the fourth quartile with risk rank of 19 in 21 funds. in Mid Cap Fund.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.99
3.76
1.94 | 5.93 19 | 23
No
No
Yes
3M Return % 8.82
7.97
3.56 | 14.75 7 | 23
Yes
No
No
6M Return % 20.96
23.80
15.48 | 37.30 16 | 23
No
No
No
1Y Return % 40.26
49.60
29.96 | 67.46 21 | 23
No
No
Yes
3Y Return % 19.56
25.22
16.92 | 37.04 21 | 22
No
No
Yes
5Y Return % 20.69
22.55
17.39 | 31.07 15 | 19
No
No
Yes
7Y Return % 18.40
16.55
12.74 | 23.92 3 | 18
Yes
Yes
No
10Y Return % 19.37
19.60
17.59 | 22.29 10 | 16
No
No
No
1Y SIP Return % 17.62
25.31
7.30 | 49.98 18 | 23
No
No
Yes
3Y SIP Return % 16.65
22.88
12.41 | 33.77 20 | 22
No
No
Yes
5Y SIP Return % 21.37
26.71
19.00 | 37.49 18 | 19
No
No
Yes
7Y SIP Return % 19.70
21.69
16.41 | 30.22 13 | 18
No
No
No
10Y SIP Return % 18.04
18.74
15.74 | 24.04 11 | 16
No
No
No
Standard Deviation 13.01
13.69
11.56 | 16.35 4 | 21
Yes
Yes
No
Semi Deviation 8.83
9.45
8.11 | 11.34 3 | 21
Yes
Yes
No
Max Drawdown % -14.82
-12.56
-17.11 | -8.36 18 | 21
No
No
Yes
VaR 1 Y % -14.34
-15.62
-19.24 | -11.84 6 | 21
Yes
Yes
No
Average Drawdown % -6.49
-4.93
-10.03 | -2.86 19 | 21
No
No
Yes
Sharpe Ratio 0.77
1.07
0.47 | 1.85 20 | 21
No
No
Yes
Sterling Ratio 0.74
1.05
0.55 | 1.79 19 | 21
No
No
Yes
Sortino Ratio 0.42
0.60
0.26 | 1.06 19 | 21
No
No
Yes
Jensen Alpha % -1.88
1.26
-8.19 | 14.79 17 | 21
No
No
Yes
Treynor Ratio 0.13
0.18
0.08 | 0.35 18 | 21
No
No
Yes
Modigliani Square Measure % 20.64
25.93
16.26 | 39.94 20 | 21
No
No
Yes
Alpha % -7.37
-3.19
-12.30 | 8.67 19 | 21
No
No
Yes
Return data last Updated On : April 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 3.06 3.85 2.01 | 6.00 19 | 23
No
No
Yes
3M Return % 9.11 8.26 3.80 | 15.03 7 | 23
Yes
No
No
6M Return % 21.61 24.48 16.22 | 38.03 16 | 23
No
No
No
1Y Return % 41.77 51.24 31.65 | 69.46 21 | 23
No
No
Yes
3Y Return % 21.00 26.69 18.06 | 38.62 21 | 22
No
No
Yes
5Y Return % 22.22 23.92 18.51 | 33.42 14 | 19
No
No
No
7Y Return % 19.86 17.79 13.76 | 25.63 4 | 18
Yes
Yes
No
10Y Return % 20.84 20.79 18.65 | 23.79 8 | 16
Yes
No
No
1Y SIP Return % 18.96 26.80 8.80 | 51.78 19 | 23
No
No
Yes
3Y SIP Return % 17.99 24.29 14.06 | 35.99 20 | 22
No
No
Yes
5Y SIP Return % 22.89 28.13 20.16 | 39.98 18 | 19
No
No
Yes
7Y SIP Return % 21.18 22.94 17.50 | 32.27 12 | 18
No
No
No
10Y SIP Return % 19.46 19.91 16.79 | 25.55 9 | 16
No
No
No
Standard Deviation 13.01 13.69 11.56 | 16.35 4 | 21
Yes
Yes
No
Semi Deviation 8.83 9.45 8.11 | 11.34 3 | 21
Yes
Yes
No
Max Drawdown % -14.82 -12.56 -17.11 | -8.36 18 | 21
No
No
Yes
VaR 1 Y % -14.34 -15.62 -19.24 | -11.84 6 | 21
Yes
Yes
No
Average Drawdown % -6.49 -4.93 -10.03 | -2.86 19 | 21
No
No
Yes
Sharpe Ratio 0.77 1.07 0.47 | 1.85 20 | 21
No
No
Yes
Sterling Ratio 0.74 1.05 0.55 | 1.79 19 | 21
No
No
Yes
Sortino Ratio 0.42 0.60 0.26 | 1.06 19 | 21
No
No
Yes
Jensen Alpha % -1.88 1.26 -8.19 | 14.79 17 | 21
No
No
Yes
Treynor Ratio 0.13 0.18 0.08 | 0.35 18 | 21
No
No
Yes
Modigliani Square Measure % 20.64 25.93 16.26 | 39.94 20 | 21
No
No
Yes
Alpha % -7.37 -3.19 -12.30 | 8.67 19 | 21
No
No
Yes
Return data last Updated On : April 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.25 ₹ 10025.0 0.26 ₹ 10026.0
1W 0.03 ₹ 10003.0 0.05 ₹ 10005.0
1M 2.99 ₹ 10299.0 3.06 ₹ 10306.0
3M 8.82 ₹ 10882.0 9.11 ₹ 10911.0
6M 20.96 ₹ 12096.0 21.61 ₹ 12161.0
1Y 40.26 ₹ 14026.0 41.77 ₹ 14177.0
3Y 19.56 ₹ 17089.0 21.0 ₹ 17716.0
5Y 20.69 ₹ 25603.0 22.22 ₹ 27271.0
7Y 18.4 ₹ 32627.0 19.86 ₹ 35545.0
10Y 19.37 ₹ 58741.0 20.84 ₹ 66393.0
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 17.615 ₹ 13116.876 18.9646 ₹ 13200.3
3Y ₹ 36000 16.6482 ₹ 46055.772 17.9886 ₹ 46938.312
5Y ₹ 60000 21.3678 ₹ 102055.68 22.8852 ₹ 105869.16
7Y ₹ 84000 19.7038 ₹ 169575.084 21.1751 ₹ 178682.952
10Y ₹ 120000 18.0412 ₹ 309944.88 19.4581 ₹ 334587.6
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
22-04-2024 92.4 106.03
19-04-2024 92.17 105.75
18-04-2024 92.29 105.89
16-04-2024 92.37 105.98
15-04-2024 92.29 105.88
12-04-2024 93.45 107.21
09-04-2024 93.02 106.7
08-04-2024 93.4 107.14
05-04-2024 93.39 107.11
04-04-2024 93.01 106.68
03-04-2024 92.68 106.29
02-04-2024 92.39 105.96
01-04-2024 91.76 105.23
28-03-2024 90.93 104.27
27-03-2024 90.29 103.52
26-03-2024 89.72 102.88
22-03-2024 88.81 101.82
21-03-2024 88.61 101.58
20-03-2024 86.87 99.59
19-03-2024 86.91 99.63
18-03-2024 87.52 100.32
15-03-2024 87.66 100.48
14-03-2024 87.69 100.52
13-03-2024 86.18 98.77
12-03-2024 88.63 101.58
11-03-2024 89.42 102.48
07-03-2024 89.46 102.51
06-03-2024 88.9 101.87
05-03-2024 89.13 102.14
04-03-2024 89.57 102.64
01-03-2024 89.65 102.72
29-02-2024 89.35 102.38
28-02-2024 88.74 101.67
27-02-2024 89.93 103.04
26-02-2024 89.48 102.51
23-02-2024 89.81 102.88
22-02-2024 89.04 102.0
21-02-2024 88.45 101.31
20-02-2024 89.01 101.95
19-02-2024 89.13 102.09
16-02-2024 88.83 101.74
15-02-2024 87.77 100.52
14-02-2024 87.18 99.84
13-02-2024 86.93 99.56
12-02-2024 86.78 99.37
09-02-2024 87.74 100.46
08-02-2024 88.08 100.85
07-02-2024 88.19 100.98
06-02-2024 87.13 99.76
05-02-2024 86.37 98.88
02-02-2024 86.56 99.1
01-02-2024 85.92 98.36
31-01-2024 86.39 98.9
30-01-2024 85.53 97.91
29-01-2024 86.41 98.91
25-01-2024 85.34 97.68
24-01-2024 85.91 98.32
23-01-2024 84.91 97.18
19-01-2024 86.29 98.74
18-01-2024 85.26 97.57
17-01-2024 85.67 98.03
16-01-2024 86.48 98.95
15-01-2024 86.85 99.38
12-01-2024 86.91 99.43
11-01-2024 86.54 99.01
10-01-2024 86.25 98.67
09-01-2024 86.19 98.6
08-01-2024 85.9 98.26
05-01-2024 86.61 99.07
04-01-2024 86.24 98.65
03-01-2024 85.45 97.74
02-01-2024 85.52 97.81
01-01-2024 85.85 98.2
29-12-2023 86.14 98.51
28-12-2023 85.44 97.71
27-12-2023 85.48 97.76
26-12-2023 84.94 97.13
22-12-2023 84.81 96.98
21-12-2023 83.94 95.98
20-12-2023 83.38 95.34
19-12-2023 84.97 97.15
18-12-2023 85.21 97.42
15-12-2023 85.02 97.19
14-12-2023 84.6 96.71
13-12-2023 83.6 95.56
12-12-2023 83.25 95.16
11-12-2023 83.81 95.8
08-12-2023 83.38 95.3
07-12-2023 83.59 95.54
06-12-2023 83.33 95.23
05-12-2023 83.43 95.35
04-12-2023 83.19 95.07
01-12-2023 82.2 93.93
30-11-2023 81.78 93.45
29-11-2023 80.87 92.4
28-11-2023 80.49 91.97
24-11-2023 80.39 91.84
23-11-2023 80.55 92.02
22-11-2023 80.34 91.78
21-11-2023 80.02 91.41
20-11-2023 79.96 91.34
17-11-2023 79.97 91.35
16-11-2023 79.82 91.18
15-11-2023 79.5 90.8
13-11-2023 78.93 90.15
10-11-2023 78.83 90.03
09-11-2023 78.76 89.94
08-11-2023 78.88 90.07
07-11-2023 78.27 89.38
06-11-2023 77.81 88.85
03-11-2023 77.13 88.07
02-11-2023 76.86 87.76
01-11-2023 76.32 87.14
31-10-2023 76.24 87.04
30-10-2023 76.45 87.28
27-10-2023 76.3 87.1
26-10-2023 75.28 85.94
25-10-2023 76.04 86.8
23-10-2023 76.39 87.19
20-10-2023 78.08 89.11
19-10-2023 78.57 89.67
18-10-2023 78.85 89.99
17-10-2023 79.3 90.49
16-10-2023 78.98 90.13
13-10-2023 78.96 90.11
12-10-2023 78.99 90.13
11-10-2023 78.83 89.94
10-10-2023 78.45 89.51
09-10-2023 77.8 88.77
06-10-2023 78.34 89.37
05-10-2023 77.84 88.8
04-10-2023 77.81 88.76
03-10-2023 78.66 89.73
29-09-2023 78.61 89.66
27-09-2023 78.92 90.01
26-09-2023 78.66 89.71
25-09-2023 78.55 89.58
22-09-2023 78.18 89.15
21-09-2023 78.33 89.33
20-09-2023 79.03 90.11
18-09-2023 79.29 90.41
15-09-2023 79.73 90.9
14-09-2023 79.62 90.78
13-09-2023 79.1 90.18
12-09-2023 79.44 90.56
11-09-2023 80.87 92.19
08-09-2023 80.51 91.77
07-09-2023 80.02 91.21
06-09-2023 79.64 90.77
05-09-2023 79.49 90.6
04-09-2023 78.78 89.79
01-09-2023 78.67 89.66
31-08-2023 78.3 89.23
30-08-2023 78.04 88.94
29-08-2023 77.51 88.33
28-08-2023 77.17 87.94
25-08-2023 76.99 87.72
24-08-2023 77.51 88.32
23-08-2023 77.19 87.95
22-08-2023 77.0 87.73
21-08-2023 76.33 86.96
18-08-2023 75.74 86.29
17-08-2023 75.97 86.54
16-08-2023 75.73 86.27
14-08-2023 75.67 86.2
11-08-2023 75.91 86.47
10-08-2023 75.97 86.53
09-08-2023 75.84 86.38
08-08-2023 75.75 86.28
07-08-2023 75.75 86.27
04-08-2023 75.77 86.28
03-08-2023 75.48 85.95
02-08-2023 75.76 86.27
01-08-2023 76.64 87.27
31-07-2023 76.4 87.0
28-07-2023 75.52 85.98
27-07-2023 75.47 85.92
26-07-2023 75.76 86.25
25-07-2023 75.65 86.13
24-07-2023 75.38 85.81
21-07-2023 75.27 85.68
20-07-2023 75.55 86.0
19-07-2023 75.67 86.13
18-07-2023 75.17 85.55
17-07-2023 75.23 85.63
14-07-2023 74.99 85.35
13-07-2023 74.49 84.78
12-07-2023 74.53 84.82
11-07-2023 74.33 84.59
10-07-2023 73.96 84.16
07-07-2023 74.37 84.62
06-07-2023 74.87 85.19
05-07-2023 74.72 85.02
04-07-2023 74.65 84.94
03-07-2023 74.65 84.93
30-06-2023 74.76 85.05
28-06-2023 74.29 84.5
27-06-2023 73.67 83.8
26-06-2023 73.51 83.62
23-06-2023 73.18 83.23
22-06-2023 73.83 83.97
21-06-2023 74.5 84.73
20-06-2023 74.34 84.54
19-06-2023 74.1 84.27
16-06-2023 74.19 84.37
15-06-2023 73.54 83.63
14-06-2023 73.43 83.5
13-06-2023 73.43 83.49
12-06-2023 72.4 82.32
09-06-2023 72.05 81.92
08-06-2023 72.04 81.9
07-06-2023 72.58 82.51
06-06-2023 72.0 81.85
05-06-2023 71.89 81.72
02-06-2023 71.68 81.48
01-06-2023 71.32 81.07
31-05-2023 71.42 81.17
30-05-2023 71.19 80.91
29-05-2023 70.91 80.59
26-05-2023 70.81 80.47
25-05-2023 70.16 79.73
24-05-2023 69.73 79.24
23-05-2023 69.8 79.32
22-05-2023 69.59 79.08
19-05-2023 69.27 78.7
18-05-2023 69.23 78.66
17-05-2023 69.45 78.91
16-05-2023 69.43 78.88
15-05-2023 69.14 78.55
12-05-2023 69.11 78.51
11-05-2023 69.11 78.5
10-05-2023 68.83 78.18
09-05-2023 68.8 78.14
08-05-2023 68.69 78.02
05-05-2023 67.96 77.19
04-05-2023 68.07 77.3
03-05-2023 67.36 76.49
02-05-2023 67.24 76.36
28-04-2023 66.91 75.98
27-04-2023 66.21 75.18
26-04-2023 65.81 74.73
25-04-2023 65.81 74.72
24-04-2023 65.88 74.79

Fund Launch Date: 31/Jan/2011
Fund Category: Mid Cap Fund
Investment Objective: To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
Fund Description: An Open Ended Equity Scheme Predominantly Investing In Mid Cap Stocks)
Fund Benchmark: S&P BSE Midcap Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.