Axis Nifty Midcap 50 Index vs ABSL Nifty Midcap 150 Index
Data updated · direct-growth plans · not investment advice
Axis Nifty Midcap 50 Index currently edges it with a Smart Score of 78/100 vs 65/100. Axis Nifty Midcap 50 Index has the stronger risk-adjusted profile (Sortino 1.04 vs 0.99), 3-year returns of 20.1% vs 19.3%, and an expense ratio of 0.29% vs 0.42%. Scores are relative to all Index — Mid Cap peers and refresh with every data update.
| Metric | Strong Buy | 65 ABSL Nifty Midcap 150 Index Aditya Birla Sun Life Buy | Add fund (3 left) |
|---|---|---|---|
| Returns (CAGR) | |||
1Y return ↑ higher is better | 8.2%BEST | 5.6% | |
3Y return ↑ higher is better | 20.1%BEST | 19.3% | |
5Y return ↑ higher is better | — | 18.1%BEST | |
Since launch ↑ higher is better | 20.1%BEST | 19.9% | |
| Vs category benchmark | |||
1Y vs index fund minus its own index | +2.4%BEST | -0.2% | |
3Y vs index fund minus its own index | +0.7%BEST | -0.1% | |
5Y vs index fund minus its own index | — | -0.1%BEST | |
Benchmark used | Nifty Midcap 150 | Nifty Midcap 150 | |
| Risk | |||
Sharpe ratio ↑ higher is better | 0.76BEST | 0.74 | |
Sortino ratio ↑ higher is better | 1.04BEST | 0.99 | |
Std deviation ↓ lower is better | 17.86 | 17.17BEST | |
Alpha ↑ higher is better | -2.87 | -2.53BEST | |
Beta ≈1 moves with the market | 1.02 | 1.00 | |
| Cost & size | |||
Expense ratio ↓ lower is better | 0.29%BEST | 0.42% | |
Fund size ↑ higher is better | ₹698 CrBEST | ₹462 Cr | |
Portfolio P/E ↓ lower is better | — | — | |
| Ratings | |||
Value Research 1–5 stars | — | — | |
Morningstar 1–5 stars | — | — | |
| Details | |||
Fund manager | — | — | |
Benchmark | NIFTY Midcap 50 TRI | Nifty Midcap 150 TRI | |
Riskometer | Very High | Very High | |
Start date | 28 Mar 2022 | 01 Apr 2021 | |
Quick answers
Is Axis Nifty Midcap 50 Index better than ABSL Nifty Midcap 150 Index?
Axis Nifty Midcap 50 Index currently edges it with a Smart Score of 78/100 vs 65/100. Axis Nifty Midcap 50 Index has the stronger risk-adjusted profile (Sortino 1.04 vs 0.99), 3-year returns of 20.1% vs 19.3%, and an expense ratio of 0.29% vs 0.42%. Scores are relative to all Index — Mid Cap peers and refresh with every data update.
Which is cheaper — Axis Nifty Midcap 50 Index or ABSL Nifty Midcap 150 Index?
Axis Nifty Midcap 50 Index has the lower expense ratio: 0.29% vs 0.42% (direct plans). Lower fees compound in your favour over long holding periods.
Which has better risk-adjusted returns?
On the Sortino ratio (return per unit of downside risk), Axis Nifty Midcap 50 Index leads with 1.04 vs 0.99. Sharpe ratios: Axis Nifty Midcap 50 Index 0.76, ABSL Nifty Midcap 150 Index 0.74.