Axis Small Cap Fund Direct Growth
Axis Small Cap Fund Direct Growth

Axis Small Cap Fund Direct Growth

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Equity
Direct
Small-Cap

NAV: ₹ 77.1 as on 31-05-2023

Fund Performance
zero opening, trading, fund transfer fee
70386 people have invested ₹ 29.4Cr in Axis Small Cap Fund Direct Growth in the last three months

Fund Insights

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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%

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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

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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

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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%

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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

Expense ratio
Expense ratio
0.53%
Benchmark
Benchmark
S&P BSE Smallcap TR INR
AUM
AUM
₹12257 Cr
Inception Date
Inception Date
5 December, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
16.38%

Fund Distribution as on (30-Apr-23)

  • Equity 83.6%

  • Debt & Cash 16.4%

Size breakup

Small cap
65.5%
Mid cap
16.4%
Large cap
1.8%

Sector Allocation

Apr'23

Mar'23

Feb'23

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

Equity Holdings82

Axis Small Cap Fund Direct Growth: Monthly Changes Updates

All changes are between Feb'23 and Apr'23

Fund Performance

Apr'23
Mar'23
Feb'23
Fund Returns
-0.50%
-0.50%
-1.74%
Nifty Smallcap 250
-2.74%
-2.74%
-2.53%
  • 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

Parameters
Apr'23
Mar'23
Feb'23
AUM
₹ 12.3K Cr
₹ 11.6K Cr
₹ 11.5K Cr
  • 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)

Axis Small Cap Fund Direct Growth Fund Manager

Shreyash Devalkar

Shreyash Devalkar

Fund Manager of Axis Small Cap Fund Direct Growth, since 1 March 2023
Vinayak Jayanath

Vinayak Jayanath

Fund Manager of Axis Small Cap Fund Direct Growth, since 17 January 2023

Fund 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 24.02% since inception which is more than its category average return of 17.32%
Fund Allocations

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

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%

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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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%