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 - IDCW 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 - IDCW Option

Latest NAV

₹20.8874

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%	+0.14%	-0.09	167 / 296	Q3
1W	-2.54%	-1.13%	-1.41	266 / 296	Q4
2W	-0.71%	+0.01%	-0.72	260 / 296	Q4
1M	+1.79%	-0.63%	+2.42	11 / 296	Q1
3M	+4.54%	-0.19%	+4.74	32 / 291	Q1
6M	-0.55%	-2.63%	+2.07	149 / 285	Q3
YTD	-0.30%	-2.85%	+2.55	148 / 287	Q3
1Y	+7.44%	+0.85%	+6.59	21 / 269	Q1
2Y	+7.84%	+3.09%	+4.75	7 / 188	Q1
3Y	+21.61%	+10.07%	+11.54	8 / 149	Q1
4Y	+22.47%	+11.38%	+11.09	2 / 74	Q1
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+19.42%	+6.44%	+12.98	16 / 294	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%	-2.86%	+2.56	145 / 282
2025	+7.80%	+5.41%	+2.39	110 / 226
2024	+20.83%	+13.06%	+7.77	36 / 159
2023	+49.79%	+21.46%	+28.33	6 / 121
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
NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - DIRECT Plan - IDCW Option	Nippon India	₹25.7075	3 Jun 2026
SBI Nifty Midcap 150 Index Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹19.3389	3 Jun 2026
ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - IDCW	ICICI Prudential	₹19.8539	3 Jun 2026
BANDHAN Nifty Smallcap 250 Index Fund - Direct Plan - IDCW	Bandhan	₹12.2855	3 Jun 2026
Aditya Birla Sun Life Nifty Midcap 150 Index Fund - Direct - Payout of IDCW	Aditya Birla Sun Life	₹25.1051	3 Jun 2026
Motilal Oswal Nifty Midcap 150 Index Fund - Direct Plan	Motilal Oswal	₹40.2587	3 Jun 2026
KOTAK NIFTY MIDCAP 150 INDEX FUND-DIRECT PLAN-IDCW-PAYOUT AND REINVESTMENT	Kotak	₹11.4080	3 Jun 2026
Edelweiss Nifty Next 50 Index Fund - Direct Plan - IDCW	Edelweiss	₹16.2676	3 Jun 2026
DSP Nifty Midcap 150 Index Fund - Direct - IDCW	DSP	₹10.1389	3 Jun 2026
HSBC NIFTY NEXT 50 INDEX FUND - Direct IDCW	HSBC	₹30.5433	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹20.8874
2 Jun 2026	₹20.9982
1 Jun 2026	₹20.9886
31 May 2026	₹21.2424
29 May 2026	₹21.2426
27 May 2026	₹21.5624
26 May 2026	₹21.5458
25 May 2026	₹21.4360
22 May 2026	₹21.2271
21 May 2026	₹21.1965

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 - IDCW Option is ₹20.8874. It's a Index Fund from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Nifty Midcap 50 Index Fund - Direct Plan - IDCW 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 - IDCW 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 - IDCW Option has delivered a absolute return of 7.44% — +6.59 pp ahead of the Index Fund category average of 0.85%. The fund ranks #21 of 269 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Axis Nifty Midcap 50 Index Fund - Direct Plan - IDCW Option has delivered a CAGR of 21.61% — +11.54 pp ahead of the Index Fund category average of 10.07%. The fund ranks #8 of 149 in its category — the top (Q1) quartile.

Axis Nifty Midcap 50 Index Fund - Direct Plan - IDCW 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 - IDCW Option exactly 3 years ago would be worth approximately ₹179,856 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 ₹133,348.

A ₹10,000 monthly SIP in Axis Nifty Midcap 50 Index Fund - Direct Plan - IDCW Option over the last 3 years — total invested ₹360,000 — would be worth ₹434,165 today. That's an XIRR (money-weighted annualised return) of 12.54%.

Axis Nifty Midcap 50 Index Fund - Direct Plan - IDCW Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹434,165 — XIRR 12.54%.

On a 3-year basis, Axis Nifty Midcap 50 Index Fund - Direct Plan - IDCW Option ranks #8 out of 149 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 10.07%; this fund delivered 21.61%.

The worst peak-to-trough decline Axis Nifty Midcap 50 Index Fund - Direct Plan - IDCW 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 - IDCW 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 - IDCW Option returned 7.80% — beating the Index Fund category average of 5.41% by 2.39 pp. It ranked #110 of 226 in its category that year.

Axis Nifty Midcap 50 Index Fund - Direct Plan - IDCW 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 - IDCW 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.