Equity
Direct
Small-Cap
NAV as on 03-12-2024
₹ 123.57
▲0.5%
1D
Inception Returns
25.6%
/yr
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.
Axis Small Cap Fund Direct Growth has given a CAGR return of 25.57% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.42%, 22.35% and 29.56% respectively.
Axis Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Consumer Cyclical, Health, Tech, Consumer Defensive, Real Estate, Communication, Utilities. Its top holdings are Blue Star Ltd, Brigade Enterprises Ltd, Cholamandalam Financial Holdings Ltd, Krishna Institute of Medical Sciences Ltd, Kaynes Technology India Ltd
As it is a small-cap 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.
To generate long-term capital appreciation from a diversified portfolio of predominantly equity & equity related instruments of small cap companies.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Small Cap Fund Direct Growth has no lock in period.
Expense ratio | 0.55% |
Benchmark | S&P BSE Smallcap TR INR |
AUM | ₹23952 Cr |
Inception Date | 5 December, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 23.19% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (03-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Industrial, Financial Services & Consumer Cyclical
Axis Small Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.38% | 1.38% |
6 Month Returns | 16.17% | 16.17% |
1 Year Returns | 29.42% | 29.42% |
3 Years Returns | 83.17% | 22.35% |
5 Years Returns | 265.07% | 29.56% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Small Cap Fund Direct Growth | 3.99 | 3.74 | 4.16 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Small Cap Fund Direct Growth | 0.65 | 0.65 | 0.74 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Small Cap Fund Direct Growth | 1.63 | 1.24 | 1.17 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Small Cap Fund Direct Growth | 12.21 | 12.4 | 19.59 |