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

Axis Nifty Midcap 50 Index Fund - Regular Plan - IDCW Option is a scheme launched by Axis Mutual Fund on March 28, 2022, and falls under the Index fund category. It currently manages an AUM of Rs 477.19 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 1% for managing the portfolio.

• Investing Strategy:

  The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY MIDCAP 50 subject to tracking errors.

• Performance:

  Axis Nifty Midcap 50 Index Fund - Regular Plan - IDCW Option trailing returns over different times are -1.24% (1 year), 24.71% (3 year) and 0% (5 year). The average annual return of this fund stands at 2.41%.