Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Equity
Direct
Index Funds
Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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

  1. Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹311 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 29.30% since inception. Over the last 1 year the fund has given a CAGR return of 74.99%.

Holdings

Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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, Blue Star Ltd, Multi Commodity Exchange of India Ltd, Central Depository Services (India) 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 benefit
Dividends 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 Reinvestment Inc Dist cum Cap Wdrl

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 Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
11 people have invested ₹ 19.3K in Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio
Expense ratio
0.25%
Benchmark
Benchmark
IISL NIFTY Smallcap 50 TR INR
AUM
AUM
₹311 Cr
Inception Date
Inception Date
10 March, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
60.84%

Fund Distribution
as on (31-May-24)

  • Equity 99.8%

  • Debt & Cash 0.2%

Small cap
87%

Mid cap
12.8%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
32.5%
Industrial
18.2%
Tech
12.6%
Consumer Cyclical
9.5%
Basic Materials
8.9%
Health
7.5%
Utilities
4.3%
Communication
2.9%
Consumer Defensive
2.1%
Energy
1.6%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Shreyash Devalkar
Shreyash Devalkar
Fund Manager of Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 4 August 2023

Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 29.3% since inception which is more than its category average return of 22.01%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.78% in Equity, 0% in Debt and 0.22% in Cash related instruments
AUM size ₹311 Cr

AUM size ₹311 Cr

This fund has AUM of ₹311 Cr which is less than its category average of ₹ 752 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹17.89 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
11.03%
11.03%
6 Month Returns
22.09%
22.09%
1 Year Returns
74.99%
74.99%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.25% as on May 2024
₹311 Cr as on May 2024
Crompton Greaves Consumer Electricals Ltd(4.36%), Exide Industries Ltd(3.8%), Blue Star Ltd(3.53%), Multi Commodity Exchange of India Ltd(3.2%), Central Depository Services (India) Ltd(3.19%) as on May 2024
Financial Services(32.43%), Industrial(18.16%), Tech(12.52%) as on May 2024
The alpha ratio for the Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The alpha for Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated against IISL NIFTY Smallcap 50 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The Beta for Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with IISL NIFTY Smallcap 50 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
2.46
-
-
As on May 2024
The sharpe ratio for Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with IISL NIFTY Smallcap 50 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
18.86
-
-
As on May 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Shreyash Devalkar is the fund manager of Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Axis Nifty Smallcap 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 0%