Axis Midcap Fund from the house of Axis Mutual Funds reviewed in detail. The Axis Midcap Fund will predominantly invest in Midcap companies. The fund has an investment objective to generate long-term capital growth by investing its assets in equity and equity-related stocks of Midcap companies. Axis Midcap Fund also gives the exposure of largecap stocks and debt & money market instruments. The minimum application amount is Rs.5,000 and the minimum additional amount is Rs.100.