Should I invest in Axis Midcap Fund?

We don't give personal investment advice. Axis Midcap Fund - Direct Plan - Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.3%. 5-year CAGR: 15.58%.

Axis

Axis Midcap Fund - Direct Plan - Growth

Latest NAV

₹134.7700

As of

3 Jun 2026

3,309 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.32%	+0.15%	+0.17	10 / 34	Q2
1W	-2.00%	-1.85%	-0.14	19 / 34	Q3
2W	-0.49%	-0.16%	-0.33	22 / 34	Q3
1M	-0.04%	+0.51%	-0.55	22 / 34	Q3
3M	+2.36%	+4.16%	-1.80	22 / 33	Q3
6M	+0.66%	+0.22%	+0.44	16 / 33	Q2
YTD	+1.84%	+0.48%	+1.36	12 / 33	Q2
1Y	+5.10%	+6.03%	-0.93	22 / 32	Q3
2Y	+6.87%	+6.85%	+0.02	18 / 31	Q3
3Y	+18.27%	+20.47%	-2.20	24 / 31	Q4
4Y	+17.87%	+19.91%	-2.04	18 / 25	Q3
5Y	+15.58%	+17.75%	-2.16	18 / 24	Q3
7Y	+18.90%	+19.64%	-0.74	15 / 22	Q3
10Y	+18.10%	+16.84%	+1.26	8 / 19	Q2
Inception	+18.53%	+18.51%	+0.02	17 / 34	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+1.84%	+0.48%	+1.36	12 / 33
2025	+1.91%	+2.51%	-0.59	20 / 31
2024	+31.80%	+29.88%	+1.92	11 / 31
2023	+30.26%	+38.88%	-8.62	29 / 30
2022	-3.86%	+4.09%	-7.95	22 / 24
2021	+40.94%	+45.26%	-4.32	16 / 23
2020	+27.83%	+24.48%	+3.35	6 / 22
2019	+13.01%	+4.55%	+8.45	1 / 21
2018	+4.91%	-10.32%	+15.23	1 / 20
2017	+42.10%	+41.26%	+0.84	11 / 20
2016	-2.19%	+4.21%	-6.40	17 / 19

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+22.95%

152 windows

min -15.0% · max 102.7%

88% positive

3-Year rolling

+19.27%

127 windows

min 5.5% · max 35.1%

100% positive

5-Year rolling

+19.37%

103 windows

min 5.7% · max 27.9%

100% positive

7-Year rolling

+19.00%

79 windows

min 14.0% · max 23.2%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

15.21%

3-year · annualised

Sharpe ratio

0.76

vs risk-free 6.5%

Sortino ratio

1.21

Downside-only deviation

Max drawdown

-19.52%

Sep 2024 → Feb 2025

% positive months

72.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Mid Cap Fund

Scheme	Fund house	NAV	As of
HDFC Mid Cap Fund - Growth Option - Direct Plan	HDFC	₹219.0770	3 Jun 2026
NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option	Nippon India	₹184.7203	3 Jun 2026
SBI MIDCAP FUND - DIRECT PLAN - GROWTH	SBI	₹261.4456	3 Jun 2026
ICICI Prudential MidCap Fund - Direct Plan - Growth	ICICI Prudential	₹374.7000	3 Jun 2026
Invesco India Midcap Fund - Direct Plan - Growth Option	Invesco	₹220.3000	3 Jun 2026
BANDHAN MIDCAP FUND - GROWTH - DIRECT PLAN	Bandhan	₹18.8500	3 Jun 2026
quant Mid Cap Fund - Growth Option - Direct Plan	Quant	₹245.6593	3 Jun 2026
Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹896.8300	3 Jun 2026
Motilal Oswal Midcap Fund-Direct Plan-Growth Option	Motilal Oswal	₹104.1164	3 Jun 2026
Franklin India Mid Cap Fund - Direct - Growth	Franklin India	₹3,000.7955	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹134.7700
2 Jun 2026	₹134.7800
1 Jun 2026	₹134.3500
31 May 2026	₹136.2700
29 May 2026	₹136.2700
27 May 2026	₹138.3000
26 May 2026	₹137.5300
25 May 2026	₹137.2500
22 May 2026	₹136.2700
21 May 2026	₹136.3300

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Axis Midcap Fund - Direct Plan - Growth is ₹134.7700. It's a Mid Cap Fund from Axis, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Axis Midcap Fund - Direct Plan - Growth has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Axis Midcap Fund - Direct Plan - Growth is managed by Axis. It's classified by AMFI under the 'Mid Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Midcap Fund - Direct Plan - Growth has delivered a absolute return of 5.10% — -0.93 pp behind the Mid Cap Fund category average of 6.03%. The fund ranks #22 of 32 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Axis Midcap Fund - Direct Plan - Growth has delivered a CAGR of 18.27% — -2.2 pp behind the Mid Cap Fund category average of 20.47%. The fund ranks #24 of 31 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Axis Midcap Fund - Direct Plan - Growth has delivered a CAGR of 15.58% — -2.16 pp behind the Mid Cap Fund category average of 17.75%. The fund ranks #18 of 24 in its category — the third (Q3) quartile.

₹1 lakh invested in Axis Midcap Fund - Direct Plan - Growth exactly 10 years ago would be worth approximately ₹527,930 today — a multiplier of 5.28×, based on the 10-year CAGR of 18.10%. The category average over the same window would have grown ₹1 lakh to ₹474,182.

A ₹10,000 monthly SIP in Axis Midcap Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹862,951 today. That's an XIRR (money-weighted annualised return) of 14.51%.

A ₹10,000 monthly SIP for 10 years in Axis Midcap Fund - Direct Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹3,080,793 (multiplier 2.57×). XIRR: 17.93%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Axis Midcap Fund - Direct Plan - Growth ranks #18 out of 24 funds in the Mid Cap Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 17.75%; this fund delivered 15.58%.

The worst peak-to-trough decline Axis Midcap Fund - Direct Plan - Growth has experienced over the last 5-year window is 20.34% — its NAV fell from a high on 18 Oct 2021 to a low on 20 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Axis Midcap Fund - Direct Plan - Growth averaged 19.37% (best 27.90%, worst 5.66%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.62 — reasonable risk-adjusted performance.

In calendar year 2025, Axis Midcap Fund - Direct Plan - Growth returned 1.91% — lagging the Mid Cap Fund category average of 2.51% by 0.59 pp. It ranked #20 of 31 in its category that year.

Axis Midcap Fund - Direct Plan - Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Axis Midcap Fund - Direct Plan - Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.3%. 5-year CAGR: 15.58%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Axis Midcap Fund - Direct Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Mid Cap Fund

Recent NAVs

Frequently asked questions

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