Axis Midcap Fund Direct-Growth
Benchmark: BSE 150 MidCap TRI · Inception: 31/01/2011 · NAV: ₹122.62 (04/09/2026)
AUM: ₹34404 Cr · Expense Ratio: 1.75% · Riskometer: Very High
2.5
★★½☆☆
Avoid / Switch
Analyst Insight
Axis Midcap Fund carries an overall rating of 2.5/5 (Avoid / Switch), lagging category peers within the Mid Cap category. Its alpha of 0.92 underperformss the category average of 5.06, suggesting room for improvement in active management. The Sharpe ratio of 0.68 sits below the category mean of 5.06, while volatility (std dev 16.15%) is higher than peers (15.07%), indicating relatively higher volatility. With a 5-year CAGR of 12.33% and expense ratio of 1.75%, investors may find stronger risk-adjusted alternatives in this category.
Rating
2/5
Risk Rating
2/5
Return Rating
2/5
Overall Rating
2.5/5
Alpha vs Cat
0.92 / 5.06
Sharpe vs Cat
0.68 / 5.06
Beta vs Cat
0.86 / 0.77
Std Dev vs Cat
16.15 / 15.07
Return Track Record
| Period | CAGR |
|---|---|
| 1Y | 8.67% |
| 3Y | 15.54% |
| 5Y | 12.33% |
| 10Y | 16.33% |
| Since Launch | 17.49% |
Risk & Return Scores
Sharpe Score3/5
Sortino Score3/5
SD Score4/5
ETM Risk Score4/5
ETM Return Score3/5
Portfolio Allocation
Large Cap 21.0% Mid Cap 75.2% Small Cap 3.7% Debt 9.8%
Strengths
- No notable strengths identified
Watch Points
- ⚠️ Alpha 0.92 below category avg 5.06
- ⚠️ Higher volatility 16.15% vs peers 15.07%
- ⚠️ Low Rating 2/5
- ⚠️ High expense ratio 1.75% (above 1%)