Axis Midcap: Why it's back on a strong footing

The superior downside protection allows the mutual fund to maintain a better risk-return profile than many peers through market declines.


After sharp underperformance in 2015-2017, the fund is back on a strong footing in recent years when quality stocks have taken a market fancy. The fund manager’s stock picks remain benchmark agnostic – a large portion of the portfolio is invested in stocks outside the chosen index -but avoids taking hefty positions in individual bets.

ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.How the fund has performed Where the fund invests Basic factsDate of launch: 18 February 2011Category: EquityType: Mid CapAUM (As on 31 Oct 2020): Rs 6,949 crBenchmark: S&P BSE Mid cap Total Return IndexWhat it costsNAV(As on 10 Nov 2020)Growth

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