6.0% of the combined portfolio weight is common between Axis Midcap Direct Plan-Growth and Quant Mid Cap Fund Direct-Growth.
11 stocks appear in both portfolios.
The largest shared holding is Tata Communications Ltd., at 0.39% of Axis Midcap Direct Plan-Growth and 9.50% of Quant Mid Cap Fund Direct-Growth.
The two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure.
Largest common holdings
Tata Communications Ltd.Bharat Heavy Electricals Ltd.Premier Energies Ltd.Indus Towers Ltd.ICICI Bank Ltd.Anthem Biosciences Ltd.Linde India Ltd.LG Electronics India Ltd.
Axis Midcap Direct Plan-Growth has delivered the higher 3-year CAGR (18.49% vs 14.83%). Axis Midcap Direct Plan-Growth is the cheaper of the two with an expense ratio of 0.86% against 1.18%. Axis Midcap Direct Plan-Growth manages the larger corpus at ₹33.80k Cr. There is no single "better" fund — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.
Over 1 year, Axis Midcap Direct Plan-Growth returned 9.57% against 6.94% for Quant Mid Cap Fund Direct-Growth; and over 3 years, Axis Midcap Direct Plan-Growth leads with a 18.49% CAGR versus 14.83%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.
Axis Midcap Direct Plan-Growth has the lower expense ratio at 0.86%, compared with 1.18% for Quant Mid Cap Fund Direct-Growth — a difference of 0.32% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick a fund.
Both Axis Midcap Direct Plan-Growth and Quant Mid Cap Fund Direct-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.
The portfolio overlap between the two funds is 6.0%, which is considered low. At this level the two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure. You can see the shared stocks in the overlap section above.
Yes — both are Equity: Mid Cap funds, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.
Axis Midcap Direct Plan-Growth has a NAV of ₹143.60 and an AUM of ₹33.80k Cr, and was launched on 31 Dec 2012. Quant Mid Cap Fund Direct-Growth has a NAV of ₹254.50 and an AUM of ₹8.14k Cr, launched on 31 Dec 2012. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.
