AMC
Axis Mutual Fund
Category
Equity Funds
ISIN
INF846K010I7

Axis Nifty Midcap 50 Index Fund

₹20.4073

−₹0.2175 (−1.05%)

NAV · Direct · IDCW ·

Axis Nifty Midcap 50 Index Fund's Direct IDCW NAV was ₹20.4073 on 19 Oct 2026, down 1.05% on the day. Its 3-year return is 13.44% a year.

52-week NAV range9.3% below high
₹18.2076₹22.5022
Expense ratio
0.29%
Fund size
₹665.64 Cr
Min. investment
₹100

Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹18.2076 to ₹22.5022.

Direct · IDCW 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.

Fund details

Expense ratio
0.29% (Direct)
Exit load
0.25% if redeemed/switched out within 7 days from the date of allotment/investment
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 16 Oct 2026.

All plans

PlanISINNAV1 dayExpense ratio1 year
Direct · GrowthINF846K019H0₹20.4080−1.06%0.29%+0.88%
Regular · GrowthINF846K012I3₹19.7239−1.06%1.10%+0.09%
Direct · IDCWINF846K010I7₹20.4073−1.05%0.29%+0.88%
Regular · IDCWINF846K013I1₹19.7239−1.06%1.10%+0.09%

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 ₹665.64 Cr across its plans as of 16 Oct 2026. The Direct · IDCW 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 · IDCW) was ₹20.4073 on 19 Oct 2026, down 1.05% 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 · IDCW 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 ₹665.64 Cr across all plans as of 16 Oct 2026.

What returns has Axis Nifty Midcap 50 Index Fund delivered?

Axis Nifty Midcap 50 Index Fund returned +0.88% over 1Y, +13.44% 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 the date of allotment/investment.

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 amount: Daily/Weekly Rs.100, Monthly Rs.100, Yearly Rs.12000. Min instalments: Daily/Weekly/Monthly-6, Yearly-3. Dates: Except 29,30,31 all dates available.).

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.

Full disclaimer

See how Axis Nifty Midcap 50 Index Fund fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app