AXIS NIFTY MIDCAP 50 INDEX FUND

(An Open Ended Index Fund tracking the NIFTY MIDCAP 50 Index)

JULY 2023

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.

DATE OF ALLOTMENT 28th March 2022
MONTHLY AVERAGE64.14Cr.
AS ON 31st July, 202382.07Cr.
BENCHMARK Nifty Midcap 50 TRI
TRACKING ERROR 0.29%
(*As compared to Nifty Midcap 50 TRI)
FUND MANAGER* Mr. Jinesh Gopani
Work experience: 21 years.He has been managing this fund since 28th March 2022

*Mr. Karthik Kumar will also manage the fund w.e.f 3rd August 2023.
*Mr. Shreyash Devalkar will also manage the fund w.e.f 4th August 2023.

Past performance may or may not be sustained in future.Different plans have different expense structure. Jinesh Gopani is managing the scheme since 28th March 2022 and he manages 10 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹ 10.


Entry Load : NA
Exit Load : If redeemed before 7 Day; Exit Load is 0.25%;



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