Axis Small Cap Fund Direct Growth
Equity
Direct
Small-Cap
NAV: ₹ 77.1 as on 31-05-2023
Fund Performance
70386 people have invested ₹ 29.4Cr in Axis Small Cap Fund Direct Growth in the last three months
Fund Insights
In the last 1 year, HDFC Small Cap Fund-Direct Growth Option has given 33.62% return, outperforming Axis Small Cap Fund Direct Growth by 13.48%
In the last 3 years, Quant Small Cap Fund Growth Option Direct Plan has given 65.88% return, outperforming Axis Small Cap Fund Direct Growth by 25.8% per annum
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 25.91% return, outperforming Axis Small Cap Fund Direct Growth by 4.57% per annum
Axis Small Cap Fund Direct Growth has one of the lowest expense ratio in the category (small-cap). Its expense ratio is 0.53% which is lower than the category average expense ratio of 1.29%
Over the last 6 months, Axis Small Cap Fund Direct Growth has experienced a 11.5% growth in AUM moving from 10.99K Cr to 12.25K Cr
INDmoney Rank
Powered by IND quant engine
4
/15
50% Performance
62% Risk Management
61% Cost
4 out of 15 among small-cap
Pros
Protects capital during bear phase
Larger AUM within category
5Y returns in the top 25% of the category
Cons
3Y returns in the bottom 25% of the category
About the Fund
Axis Small Cap Fund Direct Growth is a mutual fund that primarily invests in small-cap companies with strong fundamentals and growth potential. The fund is managed by experienced professionals who use a bottom-up approach to identify high-growth small-cap companies across different sectors such as healthcare, technology, consumer goods, and financial services. The objective of this fund is to provide long-term capital appreciation to investors who are willing to take high risks for potentially high returns.Small-cap companies typically have higher growth potential than large-cap companies, but they also come with higher risks due to their size and liquidity. Therefore, Axis Small Cap Fund Direct Growth is suitable for investors who are comfortable with taking risks and have a long-term investment horizon.
Key parameters
1) Axis Small Cap Fund Direct Growth has a NAV of ₹77.13 as on 31-05-2023.
2) Axis Small Cap Fund Direct Growth has ₹12257 Cr worth of assets under management (AUM) as on 30-04-2023 and is more than category average.
3) The fund has an expense ratio 0.53 %.
Axis Small Cap Fund Direct Growth Overview
 | 0.53% |
 Benchmark | S&P BSE Smallcap TR INR |
 | ₹12257 Cr |
 | 5 December, 2013 |
 | ₹500/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 16.38% |
Fund Distribution as on (30-Apr-23)
Size breakup
Small cap
65.5%
Mid cap
16.4%
Large cap
1.8%
Sector Allocation
Basic Materials
22.3%
Industrial
21.9%
Financial Services
12.8%
Health
12.6%
Consumer Cyclical
10.4%
Tech
9.8%
Consumer Defensive
5.8%
Real Estate
4.5%
Top Holdings of Axis Small Cap Fund Direct Growth as on (31-May-23)
Equity Holdings82
Axis Small Cap Fund Direct Growth: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at -0.50% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -2.74% as on Apr'23
- This fund outperformed Nifty Smallcap 250 by 2.23% in Apr'23
AUM Change
- AUM of the fund stands at 12.3K Cr as of Apr'23
- AUM increased by 655.2 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Gainers & Losers in Axis Small Cap Fund Direct Growth portfolio as on (30-Apr-23)
Top Growth Drivers | 1M Return |
|---|---|
 Neogen Chemicals Ltd | 21.8% |
 Chemplast Sanmar Ltd | 19.7% |
 Can Fin Homes Ltd | 13.1% |
Peer Analysis
Axis Small Cap Fund Direct Growth Fund Manager
Shreyash Devalkar
Fund Manager of Axis Small Cap Fund Direct Growth, since 1 March 2023
Top funds managed
Vinayak Jayanath
Fund Manager of Axis Small Cap Fund Direct Growth, since 17 January 2023
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 24.02% since inception which is more than its category average return of 17.32%
Fund Allocations
This fund has an allocation of 83.6% in Equity, 0% in Debt and 16.4% in Cash related instruments
AUM size ₹12257 Cr
This fund has AUM of ₹12257 Cr which is more than its category average of ₹ 3967 Cr
Expense Ratio 0.53%
This fund has an expense ratio of 0.53% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of Axis Small Cap Fund Direct Growth is ₹77.13 as on 31-May-2023.
Existing (Absolute + CAGR) as on 31-May-2023.
Axis Small Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.24% | 6.24% |
6 Month Returns | 6.46% | 6.46% |
1 Year Returns | 20.14% | 20.14% |
3 Years Returns | 174.87% | 40.08% |
5 Years Returns | 163.06% | 21.34% |
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- 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.
0.53% as on May 2023
₹12257 Cr as on May 2023
Narayana Hrudayalaya Ltd(4.2%), CCL Products (India) Ltd(3.55%), Galaxy Surfactants Ltd(3.46%), Brigade Enterprises Ltd(3.25%), Fine Organic Industries Ltd Ordinary Shares(3.12%) as on May 2023
Basic Materials(18.64%), Industrial(18.31%), Financial Services(10.72%) as on May 2023
The alpha ratio for the Axis Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Small Cap Fund Direct Growth | 4.73 | 8.03 | 10.19 |
As on May 2023
The alpha for Axis Small Cap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Small Cap Fund Direct Growth | 0.64 | 0.64 | 0.72 |
As on May 2023
The Beta for Axis Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Small Cap Fund Direct Growth | 0.16 | 1.97 | 0.73 |
As on May 2023
The sharpe ratio for Axis Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Small Cap Fund Direct Growth | 12.16 | 13.88 | 20.46 |
As on May 2023
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.
Sortino ratio is 4.82 as on May 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shreyash Devalkar, Vinayak Jayanath are the fund managers of Axis Small Cap Fund Direct Growth
The Exit load of Axis Small Cap Fund Direct Growth is 1%