Mid Cap Fund comparison
HDFC Mid-Cap Opportunities Fund vs Axis Midcap Fund
Over the last 3 years, HDFC Mid-Cap Opportunities Fund returned 14.7% a year versus 14.2% for Axis Midcap Fund. The category average was 13.0%. In its deepest fall over the same period, HDFC Mid-Cap Opportunities Fund dropped 6.3% versus 6.3% for Axis Midcap Fund. Qonfido rates HDFC Mid-Cap Opportunities Fund Select and Axis Midcap Fund Select within the Mid Cap Fund peer group.
Ratings and metrics as of
At a glance
Higher 3-year return
HDFC Mid-Cap Opportunities Fund
Smaller worst fall
About level
Smoother ride (higher Sharpe)
About level
Head-to-head
Swap either fund or add a third to see how they line up.
HDFC Mid
Mid Cap Fund
3/4
rounds won
Axis Midcap
Mid Cap Fund
0/4
rounds won
Round by round
Three questions in one shape. A bigger triangle = stronger all round.
- HDFC Mid
- Axis Midcap
Growth
Who grew money faster?
Average yearly return over the last 3 years.
14.7%✓14.2%Dip protection
Who fell less in the worst dip?
Biggest fall from a peak in the period. Smaller hurts less.
-6.3%✓-6.3%Smooth ride
Who gave a smoother ride?
Return earned for every unit of ups and downs. Higher is smoother.
0.66✓0.65
Qonfido rating
Quality vs peers in the same category. Premier is the top tier.
Same tier
What matters most to you?
Quick take for “Balanced”
HDFC Mid comes out ahead — it grew money faster and fell less in bad markets.
Based on the last 3 years of data. A starting point for research, not advice.
What could your money become?
If each fund repeated its last 3 years. Drag to try.
You’d put in ₹12.00 L. HDFC Mid ends about ₹84,585 ahead — that’s roughly 8 months of your SIP.
Illustration only. Past returns rarely repeat exactly.
Key numbers
| Metric | HDFC Mid-Cap Opportunities Fund | Axis Midcap Fund |
|---|---|---|
| Qonfido rating | Select | Select |
| 3Y return (CAGR) | 14.7% | 14.2% |
| Worst fall (max drawdown) | 6.3% | 6.3% |
| Sharpe ratio (3Y) | 0.66 | 0.65 |
| Beta (3Y) | 0.93 | 0.81 |
| Fund size (AUM) | ₹68,032 Cr | ₹21,036 Cr |
| Category average 3Y return | 13.0% | |
Frequently asked questions
Which is better, HDFC Mid-Cap Opportunities Fund or Axis Midcap Fund?
Neither fund is better for every investor. Based on data as of 11 Oct 2026. Over the last 3 years, HDFC Mid-Cap Opportunities Fund returned 14.7% a year versus 14.2% for Axis Midcap Fund. The category average was 13.0%. In its deepest fall over the same period, HDFC Mid-Cap Opportunities Fund dropped 6.3% versus 6.3% for Axis Midcap Fund. Qonfido rates HDFC Mid-Cap Opportunities Fund Select and Axis Midcap Fund Select within the Mid Cap Fund peer group. Which fits depends on your goal, time horizon and comfort with falls. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
Which has given higher returns, HDFC Mid-Cap Opportunities Fund or Axis Midcap Fund?
Based on data as of 11 Oct 2026. Over the last 3 years, HDFC Mid-Cap Opportunities Fund returned 14.7% a year versus 14.2% for Axis Midcap Fund. The category average was 13.0%. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
Which is less risky, HDFC Mid-Cap Opportunities Fund or Axis Midcap Fund?
Based on data as of 11 Oct 2026. In its deepest fall over the same period, HDFC Mid-Cap Opportunities Fund dropped 6.3% versus 6.3% for Axis Midcap Fund. Sharpe ratio, a measure of return per unit of volatility, was 0.66 for HDFC Mid-Cap Opportunities Fund and 0.65 for Axis Midcap Fund. Lower falls and a higher Sharpe ratio point to a smoother past ride, not a guarantee.
What is the Qonfido rating of HDFC Mid-Cap Opportunities Fund and Axis Midcap Fund?
Qonfido rates HDFC Mid-Cap Opportunities Fund Select and Axis Midcap Fund Select within the Mid Cap Fund peer group. Ratings compare funds with their category peers on risk-adjusted consistency and are explained on the Qonfido rating methodology page.
Should I invest in both HDFC Mid-Cap Opportunities Fund and Axis Midcap Fund?
Both funds sit in the Mid Cap Fund category, so their portfolios can overlap and holding both may add limited diversification. Review holdings overlap, costs and your overall allocation before combining them. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
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Keep researching
Comparisons are educational research support only. They are not personalised investment advice, suitability assessments, or predictions of returns. Mutual fund investments are subject to market risks. Read scheme documents and consider your goals, horizon, and risk tolerance before investing.