Axis Nifty Smallcap 50 Index Fund Direct Growth
About the Fund
Axis Nifty Smallcap 50 Index Fund Direct Growth is an equity fund. This fund was started on 10 March, 2022. The fund is managed by Shreyash Devalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Nifty Smallcap 50 Index Fund Direct Growth has ₹357 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Axis Nifty Smallcap 50 Index Fund Direct Growth has given a CAGR return of 29.83% since inception. Over the last 1 year the fund has given a CAGR return of 67.22%.
Holdings
Axis Nifty Smallcap 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Basic Materials, Health, Utilities, Communication, Consumer Defensive, Energy. Its top holdings are Crompton Greaves Consumer Electricals Ltd, Exide Industries Ltd, Central Depository Services (India) Ltd, Blue Star Ltd, Amara Raja Energy & Mobility Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Axis Nifty Smallcap 50 Index Fund Direct Growth
To provide returns before expenses that closely corresponds to the total returns of the NIFTY SMALLCAP 50 subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Nifty Smallcap 50 Index Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.25% |
Benchmark | IISL NIFTY Smallcap 50 TR INR |
| AUM | ₹357 Cr |
| Inception Date | 10 March, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 60.84% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Amara Raja Energy & Mobility Ltd | 12% |
Axis Nifty Smallcap 50 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹357 Cr
Expense Ratio 0.25%
Frequently Asked Questions
Axis Nifty Smallcap 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.54% | 2.54% |
6 Month Returns | 22.16% | 22.16% |
1 Year Returns | 67.22% | 67.22% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Nifty Smallcap 50 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Nifty Smallcap 50 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Nifty Smallcap 50 Index Fund Direct Growth | 2.58 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Nifty Smallcap 50 Index Fund Direct Growth | 19.92 | - | - |