Should I invest in Axis Nifty Midcap 50 Index Fund?

We don't give personal investment advice. Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding.

Axis

Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option

Latest NAV

₹20.8881

As of

3 Jun 2026

1,034 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.

Period

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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	+0.05%	+0.27%	-0.23	202 / 353	Q3
1W	-2.54%	-0.97%	-1.57	312 / 353	Q4
2W	-0.71%	+0.26%	-0.96	310 / 353	Q4
1M	+1.79%	-0.26%	+2.05	16 / 351	Q1
3M	+4.54%	+0.41%	+4.13	39 / 341	Q1
6M	-0.55%	-1.84%	+1.29	189 / 332	Q3
YTD	-0.30%	-2.06%	+1.76	189 / 333	Q3
1Y	+7.44%	+1.97%	+5.47	26 / 306	Q1
2Y	+7.84%	+4.21%	+3.63	7 / 205	Q1
3Y	+21.61%	+11.24%	+10.37	10 / 168	Q1
4Y	+22.47%	+12.60%	+9.87	3 / 77	Q1
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+19.42%	+6.44%	+12.98	19 / 353	Q1

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	-0.30%	-2.11%	+1.81	187 / 331
2025	+7.80%	+6.05%	+1.75	133 / 260
2024	+20.83%	+14.12%	+6.72	44 / 180
2023	+49.79%	+21.09%	+28.70	5 / 130
2022	—	—	—	—

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

+25.78%

39 windows

min -3.4% · max 61.6%

95% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+24.27%

15 windows

min 18.1% · max 29.9%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

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

16.96%

3-year · annualised

Sharpe ratio

0.87

vs risk-free 6.5%

Sortino ratio

1.39

Downside-only deviation

Max drawdown

-20.27%

Sep 2024 → Feb 2025

% positive months

77.8%

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 Index Fund

Scheme	Fund house	NAV	As of
HDFC NIFTY Midcap 150 Index Fund - Growth Option - Direct Plan	HDFC	₹18.9585	3 Jun 2026
Nippon India Nifty Midcap 150 Index Fund - Direct Plan - Growth Option	Nippon India	₹25.7075	3 Jun 2026
SBI Nifty Midcap 150 Index Fund - Direct Plan - Growth	SBI	₹19.3395	3 Jun 2026
ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - Growth	ICICI Prudential	₹19.8542	3 Jun 2026
Bandhan Nifty Midcap 150 Index Fund-Direct Plan-Growth	Bandhan	₹10.1086	3 Jun 2026
Aditya Birla Sun Life Nifty Midcap 150 Index Fund-Direct Growth	Aditya Birla Sun Life	₹25.1054	3 Jun 2026
Motilal Oswal Nifty Next 50 Index Fund - Direct plan - Growth	Motilal Oswal	₹25.0599	3 Jun 2026
KOTAK NIFTY MIDCAP 150 INDEX FUND-DIRECT PLAN-GROWTH	Kotak	₹11.4090	3 Jun 2026
Edelweiss Nifty Next 50 Index Fund - Direct Plan - Growth	Edelweiss	₹16.2680	3 Jun 2026
DSP Nifty Midcap 150 Index Fund - Direct - Growth	DSP	₹10.1389	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹20.8881
2 Jun 2026	₹20.9990
1 Jun 2026	₹20.9893
31 May 2026	₹21.2431
29 May 2026	₹21.2434
27 May 2026	₹21.5632
26 May 2026	₹21.5466
25 May 2026	₹21.4367
22 May 2026	₹21.2279
21 May 2026	₹21.1972

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 Nifty Midcap 50 Index Fund - Direct Plan - Growth Option is ₹20.8881. It's a Index Fund from Axis, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option has NAV history starting from 31 Mar 2022, a track record of about 4 years 2 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option is managed by Axis. It's classified by AMFI under the 'Index Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option has delivered a absolute return of 7.44% — +5.47 pp ahead of the Index Fund category average of 1.97%. The fund ranks #26 of 306 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option has delivered a CAGR of 21.61% — +10.37 pp ahead of the Index Fund category average of 11.24%. The fund ranks #10 of 168 in its category — the top (Q1) quartile.

Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option exactly 3 years ago would be worth approximately ₹179,858 today — a multiplier of 1.80×, based on the 3-year CAGR of 21.61%. The category average over the same window would have grown ₹1 lakh to ₹137,648.

A ₹10,000 monthly SIP in Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option over the last 3 years — total invested ₹360,000 — would be worth ₹434,167 today. That's an XIRR (money-weighted annualised return) of 12.54%.

Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹434,167 — XIRR 12.54%.

On a 3-year basis, Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option ranks #10 out of 168 funds in the Index Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 11.24%; this fund delivered 21.61%.

The worst peak-to-trough decline Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option has experienced over the last 3-year window is 20.27% — its NAV fell from a high on 24 Sep 2024 to a low on 28 Feb 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option averaged 24.27% (best 29.86%, worst 18.08%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.87 — reasonable risk-adjusted performance.

In calendar year 2025, Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option returned 7.80% — beating the Index Fund category average of 6.05% by 1.75 pp. It ranked #133 of 260 in its category that year.

Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding.

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