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

Open Ended Schemes(Other Scheme - Index Funds)Low Riskvs NIFTY MIDCAP 50ISIN INF846K010I7

NAV · 06-Jul-2026

₹21.7059

+3.45%

+1.65%

1Y (CAGR)

+5.67%

3Y (CAGR)

+20.75%

5Y (CAGR)

—

Since inception (CAGR)

+19.82%

NAV history

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Risk & SIP analytics

Q1 · TOP · 3Y in category

Volatility (3y)

17.89%

Downside dev (3y)

14.43%

Max drawdown (3y)

-20.3%

Sharpe (3y)

0.80

SIP XIRR (3y)

+12.44%

Calendar-year returns

2023 +50.1%2024 +21.6%2025 +8.3%

Vs benchmark — Nifty 50

3y monthly · 36 months of overlap

Beta

1.19

Alpha (p.a.)

+10.79%

Up capture

152.2%

Down capture

86.3%

Correlation

0.88

Fund facts

Fund managerNandik Malik · Rohit Gautam

AUM₹6,822 Cr

Expense ratio0.23% · 2026-05-31

TER · AMFI officialDirect 0.29% · Regular 1.09% (2026-06-30)

Launch date10-Mar-2022

Plan typeOpen Ended · Others

Min lumpsum₹100

Min SIP₹100

Lock-inNone

Volatility17.28

AMCAxis Asset Management Co. Ltd.

Objective · To provide returns before expenses that closely corresponds to the total returns of the NIFTY MIDCAP 50 subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.

scheme documents ↗