AXIS MUTUAL FUND

AXIS NIFTY MIDCAP 50 INDEX FUND

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

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JUNE 2024

Investment 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.

About Fund

	DATE OF ALLOTMENT	28th March 2022


	MONTHLY AVERAGE	339.04Cr.
	AS ON 30th June, 2024	351.55Cr.

	BENCHMARK	Nifty Midcap 50 TRI


	TRACKING ERROR	0.24% (As compared to Nifty Midcap 50 TRI)

	FUND MANAGER
	Mr. Karthik Kumar	Work experience: 15 years.He has been managing this fund since 3rd August 2023

	Mr. Mayank Hyanki	Work experience: 14 years.He has been managing this fund since 5th April 2024

Portfolio

Sector Allocation

Performance (as on 30th June, 2024)

Past performance may or may not be sustained in future.Different plans have different expense structure. Karthik Kumar is managing the scheme since 3rd August 2023 and he manages 17 schemes of Axis Mutual Fund & Mayank Hyanki is managing the scheme since 5th April 2024 and he manages 6 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 & Exit Load

Entry Load : NA
Exit Load : 0.25% if redeemed / switched out within 7 days from the date of allotment/ Investment.

Annualised tracking error is calculated based on daily rolling returns for the last 12 months.
Please click here for NAV, TER, Riskometer & Statutory Details.