Two of the largest Mid Cap funds side by side: returns, risk, cost, size and what they hold. Prices as of 3 Nov 2026.
Past returns do not tell you future returns.
| Nippon India Growth Mid Cap Fund Nippon India | Axis Midcap Fund Axis | |
|---|---|---|
| Returns | ||
| 1 year | -0.4% | +2.3% |
| 3 years, a year | +15.6% | +15.3% |
| 5 years, a year | +15.1% | +10.8% |
| Since launch, a year | +15.1% | +17.1% |
| 3-year rank in category | 10 of 29 | 12 of 29 |
| Benchmark, 3 years | +13.9% | — |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 16.2% | 14.8% |
| Biggest fall, 3 years | -20.1% | -19.9% |
| Sharpe ratio, 3 years | 0.58 | 0.63 |
| Beta | 0.95 | — |
| Alpha, a year | +2.1% | — |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.56% | 1.77% |
| Money in the fund | ₹49,505 cr | ₹33,310 cr |
| Running for | 31.1 years | 15.7 years |
| Minimum SIP | ₹100 | ₹100 |
| Benchmark | Nifty Midcap 150 TRI | BSE Midcap 150 TRI |
Past returns do not indicate future returns. Each fund page has the full detail.
The five largest holdings of each, from the latest monthly portfolios
Overlap is the part of the two portfolios that is the same, by weight: 100% would be identical.
What they share, by industry and sector
| Holding | Nippon India | Axis |
|---|---|---|
| The Federal Bank Limited | 2.6% | 4.0% |
| Fortis Healthcare Limited | 2.5% | 2.6% |
| Eternal Limited | 2.4% | 2.1% |
| GE Vernova T&D India Limited | 2.0% | 2.4% |
| Bharat Forge Limited | 2.0% | 1.9% |
| Multi Commodity Exchange of India Limited | 3.2% | 1.6% |
| Bharat Heavy Electricals Limited | 1.4% | 1.9% |
| Alkem Laboratories Limited | 1.3% | 1.4% |
| The Indian Hotels Company Limited | 1.3% | 2.4% |
| AU Small Finance Bank Limited | 2.8% | 1.2% |
Both are Mid Cap funds, from Nippon India and Axis. Nippon India Growth Mid Cap Fund manages ₹49,505 cr and Axis Midcap Fund ₹33,310 cr. The table on this page sets out their returns, risk, costs and holdings side by side.
Nippon India Growth Mid Cap Fund, at 1.56% a year, against 1.77% for Axis Midcap Fund.
Over three years, Nippon India Growth Mid Cap Fund returned +15.6% a year and Axis Midcap Fund +15.3% a year. Over one year they returned -0.4% and +2.3%. Past returns do not indicate future returns.
They hold 41.6% of the same investments, 70.7% of the same industries and 78.3% of the same sectors, by weight, in their latest monthly portfolios.
To set a third or fourth fund alongside, open these two in Compare and add more.