- AMC
- Axis Mutual Fund
- Category
- Equity Funds
- ISIN
- INF846K019H0
Axis Nifty Midcap 50 Index Fund
₹21.7794
+₹0.1598 (+0.74%)
NAV · Direct · Growth ·
Axis Nifty Midcap 50 Index Fund's Direct Growth NAV was ₹21.7794 on 12 Nov 2026, up 0.74% on the day. Its 3-year return is 15.69% a year.
- Expense ratio
- 0.29%
- Fund size
- ₹744.05 Cr
- Min. investment
- ₹100
NAV history
Between 12 Nov 2025 and 12 Nov 2026, the NAV ranged from ₹18.2083 to ₹22.5030.
Direct · Growth plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Category rank
- 1Y return
- #19of 52
- 3Y return (p.a.)
- #8of 20
Among Direct Growth plans of Equity Funds by return, as of 12 Nov 2026.
All Equity FundsFund details
- Expense ratio
- 0.29% (Direct)
- Exit load
- 0.25% if redeemed/switched out within 7 days from allotment date w.e.f. 24/03/2022
- Riskometer
- Very high
- Benchmark
- Nifty Midcap 50 Index TRI
- Launched
- 10 Mar 2022
- Fund managers
- Nandik Malik, Rohit Gautam
Fund size, expense ratio and minimums as of 1 Nov 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF846K019H0 | ₹21.7794 | +0.74% | 0.29% | +3.44% |
| Regular · Growth | INF846K012I3 | ₹21.0382 | +0.74% | 1.10% | +2.64% |
| Direct · IDCW | INF846K010I7 | ₹21.7786 | +0.74% | 0.29% | +3.44% |
| Regular · IDCW | INF846K013I1 | ₹21.0382 | +0.74% | 1.10% | +2.63% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
About this fund
Axis Nifty Midcap 50 Index Fund is an open-ended mutual fund from Axis Mutual Fund, in the Equity Funds category. It began on 10 Mar 2022. It is benchmarked to the Nifty Midcap 50 Index TRI. The fund manages ₹744.05 Cr across its plans as of 1 Nov 2026. The Direct · Growth plan has an expense ratio of 0.29%. The minimum first investment is ₹100, and SIPs are available.
FAQs
What is the NAV of Axis Nifty Midcap 50 Index Fund?
The NAV of Axis Nifty Midcap 50 Index Fund (Direct · Growth) was ₹21.7794 on 12 Nov 2026, up 0.74% from the previous NAV.
What plans does Axis Nifty Midcap 50 Index Fund have?
Axis Nifty Midcap 50 Index Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of Axis Nifty Midcap 50 Index Fund?
The Direct · Growth plan of Axis Nifty Midcap 50 Index Fund has an expense ratio of 0.29%.
What is the fund size (AUM) of Axis Nifty Midcap 50 Index Fund?
Axis Nifty Midcap 50 Index Fund manages ₹744.05 Cr across all plans as of 1 Nov 2026.
What returns has Axis Nifty Midcap 50 Index Fund delivered?
Axis Nifty Midcap 50 Index Fund returned +3.44% over 1Y, +15.69% a year over 3Y. Past performance does not guarantee future returns.
What is the exit load of Axis Nifty Midcap 50 Index Fund?
Axis Nifty Midcap 50 Index Fund: 0.25% if redeemed/switched out within 7 days from allotment date w.e.f. 24/03/2022.
What is the minimum investment and SIP amount for Axis Nifty Midcap 50 Index Fund?
The minimum first investment in Axis Nifty Midcap 50 Index Fund is ₹100, and ₹100 after that. SIPs are available (SIP available Daily/Weekly/Monthly/Yearly. Min: Daily/Weekly Rs.100, Monthly Rs.100, Yearly Rs.12000. Min instalments: Daily/Weekly/Monthly-6, Yearly-3. Dates: All except 29,30,31).
How risky is Axis Nifty Midcap 50 Index Fund?
Axis Nifty Midcap 50 Index Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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