AXIS MUTUAL FUND

AXIS NIFTY MIDCAP 50 INDEX FUND

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

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MARCH 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	258.26Cr.
	AS ON 31st March, 2024	264.67Cr.

	BENCHMARK	Nifty Midcap 50 TRI


	TRACKING ERROR	0.23% (As compared to Nifty Midcap 50 TRI)

	FUND MANAGER
	Mr. Shreyash Devalkar^	Work experience: 19 years.He has been managing this fund since 4th August 2023

	Mr. Karthik Kumar	Work experience: 14 years.He has been managing this fund since 3rd August 2023

^With effect from Apr 05, 2024, the Fund Manager of the fund has been changed to Mayank Hyanki

Portfolio

Sector Allocation

Performance (as on 28th March, 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 15 schemes of Axis Mutual Fund & Shreyash Devalkar is managing the scheme since 4th August 2023 and he manages 15 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.

Please click here for NAV, TER, Riskometer & Statutory Details.