Axis Small Cap Fund Direct Growth
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
- Axis Small Cap Fund Direct Growth has ₹22262 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Axis Small Cap Fund Direct Growth has given a CAGR return of 25.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 39.94%, 24.28% and 31.19% respectively.
Holdings
Axis Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Consumer Cyclical, Health, Tech, Real Estate, Consumer Defensive, Communication, Utilities, Energy. Its top holdings are Brigade Enterprises Ltd, Blue Star Ltd, Cholamandalam Financial Holdings Ltd, Birlasoft Ltd, Ahluwalia Contracts (India) Ltd
Taxation
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.
Investment objective of Axis Small Cap Fund Direct Growth
To generate long-term capital appreciation from a diversified portfolio of predominantly equity & equity related instruments of small cap companies.
Minimum Investment and lockin period
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.
INDmoney Rank
Fund Overview
| Expense ratio | 0.55% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹22262 Cr |
| Inception Date | 5 December, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 4.9% |
| 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 |
|---|---|
 Cholamandalam Financial Holdings Ltd | 16.7% |
 Craftsman Automation Ltd | 8.4% |
Mutual Fund Insights
Axis Small Cap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹22262 Cr
Expense Ratio 0.55%
Frequently Asked Questions
Axis Small Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.65% | 2.65% |
6 Month Returns | 17.71% | 17.71% |
1 Year Returns | 39.94% | 39.94% |
3 Years Returns | 91.97% | 24.28% |
5 Years Returns | 288.64% | 31.19% |
- 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 Small Cap Fund Direct Growth | 1.24 | 5.54 | 6.07 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Small Cap Fund Direct Growth | 0.6 | 0.62 | 0.72 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Small Cap Fund Direct Growth | 2.44 | 1.52 | 1.17 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Small Cap Fund Direct Growth | 11.43 | 12.1 | 19.77 |