Axis Small Cap Fund Direct Growth

Axis Small Cap Fund Direct Growth

Equity

Direct

Small-Cap

NAV as on 03-12-2024

₹ 123.57

0.5%

1D

Inception Returns

25.6%

/yr

About Axis Small Cap Fund Direct Growth

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 ₹23952 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

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.

Holdings

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

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 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 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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
100258 people have invested ₹ 39.6Cr in Axis Small Cap Fund Direct Growth in the last three months

INDmoney Rank for Axis Small Cap Fund Direct Growth

Powered by IND quant engine
10
/18
40% Performance
54% Risk Management
80% Cost
10 out of 18 among small-cap
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Lower volatility within category
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Beats FD returns for both 3Y & 5Y
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3Y returns in the bottom 25% of the category

Axis Small Cap Fund Direct Growth Overview

Expense ratio0.55%
Benchmark
S&P BSE Smallcap TR INR
AUM₹23952 Cr
Inception Date5 December, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
23.19%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (03-Dec-24)

Period
Axis Small Cap Fund Direct Growth
Nifty Smallcap 250
small-cap
1M
1.4%
0.4%
0.8%
3M
1.3%
-1.4%
-0.2%
6M
16.2%
12.9%
15.9%
1Y
29.4%
35.1%
32.4%
3Y
22.4%
23.7%
23.6%
5Y
29.6%
30.5%
32.1%

Fund Distribution

as on (31-Oct-24)

  • Equity 87.5%

  • Debt & Cash 12.5%

Small cap
67.4%

Mid cap
14.8%

Large cap
4.3%

Sector Allocation

Oct'24

Sep'24

Aug'24

Industrial
24.6%
Financial Services
18.9%
Consumer Cyclical
11.9%
Basic Materials
11.6%
Health
10.4%
Tech
8%
Real Estate
6.7%
Consumer Defensive
6.1%
Communication
0.9%
Utilities
0.8%
Energy
0%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-4.02%
3.94%
1.18%
Nifty Smallcap 250
-4.21%
1.39%
1.94%
  • This fund’s returns stands at -4.02% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -4.21% as on Oct'24
  • This fund outperformed Nifty Smallcap 250 by 0.19% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 24.8K Cr
₹ 24.8K Cr
₹ 23.8K Cr
  • AUM of the fund stands at 24.8K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
Krishna Institute of Medical Sciences Ltd's allocation increased from 2.29% to 2.42%
Krishna Institute of Medical Sciences Ltd's allocation increased from 2.29% to 2.42%
Top Stocks sold last month
Bharat Dynamics Ltd Ordinary Shares's allocation decreased from 0.52 % to 0.49 %
Bharat Dynamics Ltd Ordinary Shares's allocation decreased from 0.52 % to 0.49 %

Top 3 Sectors in October were Industrial, Financial Services & Consumer Cyclical

Oct'24
Industrial
25%
Financial Services
19%
Consumer Cyclical
12%
Sep'24
Industrial
25%
Financial Services
19%
Consumer Cyclical
12%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
126
126
126
Top 5 Company Concentration
15.2%
15.2%
13.6%
Company having highest exposure
Blue Star Ltd (3.8%)
Blue Star Ltd (3.8%)
Blue Star Ltd (3.6%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
77.5%
77.5%
77.1%
Sector having highest exposure
Industrial (24.6%)
Industrial (24.6%)
Industrial (24.1%)
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Tejas Sheth
Tejas Sheth
Fund Manager of Axis Small Cap Fund Direct Growth, since 13 May 2024
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Small Cap Fund Direct Growth
22.35%
23.61%
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.35L Cr
as on 31-Oct-2024
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Mutual Fund Insights

Insights icon
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 56.54% return, outperforming this fund by 27.12%.
Insights icon
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 48.08% return, outperforming this fund by 18.52% per annum.
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Over the last 1 month, this fund has experienced a 3.3% drop in AUM moving from 24.76K Cr to 23.95K Cr.
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In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 31.27% return, outperforming this fund by 8.92% per annum.
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Over the last 1 month, this fund has increased expense ratio by 1.9% moving from 0.54 to 0.55.
Insights icon
This fund has one of the lowest expense ratio in the category (small-cap). Its expense ratio is 0.55% which is lower than the category average expense ratio of 1.15%.

Axis Small Cap Fund Direct Growth 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 25.57% since inception which is more than its category average return of 21.02%
Fund Allocations

Fund Allocations

This fund has an allocation of 87.53% in Equity, 0% in Debt and 12.47% in Cash related instruments
AUM size ₹23952 Cr

AUM size ₹23952 Cr

This fund has AUM of ₹23952 Cr which is more than its category average of ₹ 8062 Cr
Expense Ratio 0.55%

Expense Ratio 0.55%

This fund has an expense ratio of 0.55% which is less than its category average expense ratio of 1.19%

Frequently Asked Questions for Axis Small Cap Fund Direct Growth

The current NAV of Axis Small Cap Fund Direct Growth is ₹123.57 as on 03-Dec-2024.
Existing (Absolute + CAGR) as on 03-Dec-2024.
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%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.55% as on November 2024
₹23952 Cr as on November 2024
Blue Star Ltd(3.6%), Brigade Enterprises Ltd(3.03%), Cholamandalam Financial Holdings Ltd(2.7%), Krishna Institute of Medical Sciences Ltd(2.45%), Kaynes Technology India Ltd(2.42%) as on November 2024
Industrial(21.13%), Financial Services(17.03%), Basic Materials(10.43%) as on November 2024
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
3.99
3.74
4.16
As on November 2024
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
0.65
0.65
0.74
As on November 2024
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
1.63
1.24
1.17
As on November 2024
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
12.21
12.4
19.59
As on November 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.
Sortino ratio is 2.44 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Tejas Sheth is the fund manager of Axis Small Cap Fund Direct Growth
The Exit load of Axis Small Cap Fund Direct Growth is 1%