Axis Midcap Fund vs DSP Midcap Fund
Over the last 3 years, Axis Midcap Fund returned 17.2% a year against 13.8% for DSP Midcap Fund (Direct plans). Axis Midcap Fund was the more consistent: ahead of its index in 8% of rolling 3-year periods, against 0%. In falling months, Axis Midcap Fund fell less: 78% of the index's fall, against 98%. They hold 35 stocks in common; the portfolio overlap is 41%. Data as of 12 Nov 2026.
| Axis Midcap Fund | DSP Midcap Fund | |
|---|---|---|
| Category | Mid Cap | Mid Cap |
| Fund house | Axis Mutual Fund | DSP Mutual Fund |
| Benchmark | Nifty Midcap 150 TRI | Nifty Midcap 150 TRI |
| Age | 13.9 years | 13.9 years |
| AUM on 30 Oct 2026 | ₹33,456 cr | ₹18,855 cr |
| Direct plan | ||
| Rating | B | C |
| Expense ratio | 0.78% | 0.83% |
| 1Y return | 7.6% | 2.0% |
| 3Y return (a year) | 17.2% | 13.8% |
| 5Y return (a year) | 12.3% | 10.8% |
| 3Y vs index | +2.3% | -1.1% |
| Rating score, rank | 48 · #17 of 28 | 40 · #23 of 28 |
| Regular plan | ||
| Rating | B | C |
| Expense ratio | 1.77% | 1.73% |
| 1Y return | 6.6% | 1.1% |
| 3Y return (a year) | 16.0% | 12.7% |
| 5Y return (a year) | 11.1% | 9.8% |
| 3Y vs index | +1.1% | -2.2% |
| Rating score, rank | 52 · #14 of 28 | 42 · #21 of 28 |
| Consistency, risk and portfolio | ||
| Ahead of index, rolling 3Y periods | 8% | 0% |
| Deepest fall, 3Y | -19.5% | -21.2% |
| Volatility, 3Y | 15.3% | 16.4% |
| Max fall, 5Y | -20.0% | -21.4% |
| Down capture, 3Y | 78 | 98 |
| Stocks held | 84 | 63 |
| Top 10 holdings | 26% | 30% |
| Large / mid / small caps | 17 / 65 / 5% | 16 / 68 / 11% |
| Largest sector | Auto Components | Auto Components |
Common questions
Axis Midcap Fund or DSP Midcap Fund: which is better?
On our track-record ratings (Direct plans), Axis Midcap Fund is rated B and DSP Midcap Fund is rated C, each against its own category. Ratings describe the record so far and are not a forecast; which suits you depends on your goal and the funds you already hold.
Axis Midcap Fund or DSP Midcap Fund: which has done better?
Over the last 3 years, Axis Midcap Fund returned 17.2% a year against 13.8% for DSP Midcap Fund (Direct plans).
How much do Axis Midcap Fund and DSP Midcap Fund overlap?
They hold 35 stocks in common; the portfolio overlap is 41%.
Should I hold both?
Two funds with a high overlap add little diversification. Check how they fit your goal and the rest of your portfolio; we can help.
More comparisons
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Past performance does not guarantee future returns. This comparison is not a recommendation to buy or sell either fund.
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