Axis Midcap Fund
Axis Midcap Fund is a mid cap fund of Axis Mutual Fund with ₹33,610 cr under management. It is ahead of its benchmark (BSE Midcap 150 TRI) in 3 of 4 periods. Its direct plan charges 0.79% a year. Shreyash Devalkar has managed it for 9.9 years.
Has Axis Midcap Fund beaten its benchmark?
Ahead of its benchmark, BSE Midcap 150 TRI, in 3 of 4 periods in AMFI's figures; +3.86% over the last year against +0.01%.
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | +3.86% | +2.85% | +0.01% | +3.85 | 🔒 |
| 3y | +15.37% | +14.20% | +13.40% | +1.97 | 🔒 |
| 5y | +11.42% | +10.21% | +12.71% | −1.29 | 🔒 |
| 10y | +17.10% | +15.74% | +15.87% | +1.23 | 🔒 |
What does Axis Midcap Fund cost?
0.79% a year on the direct plan, 1.77% on the regular plan; 8 of 34 funds in its category charge less.
Who manages Axis Midcap Fund?
Shreyash Devalkar, since 23 Nov 2016; Krishnaa N, since 23 Nov 2016; Nitin Arora, since 23 Nov 2016.
What does Axis Midcap Fund hold?
Not read yet: the fund house's monthly portfolio file is not covered so far.
Questions people ask
Who manages Axis Midcap Fund?
Shreyash Devalkar (manager) since 23 Nov 2016; Krishnaa N (manager) since 23 Nov 2016; Nitin Arora (manager) since 23 Nov 2016.
What is the expense ratio of Axis Midcap Fund?
0.79% a year on the direct plan and 1.77% on the regular plan (expense report, Oct 2026).
How has Axis Midcap Fund done?
Its direct plan returned +15.37% a year over 3 years against +13.40% for its benchmark, BSE Midcap 150 TRI, as of 13 Oct 2026.




