Axis Small Cap Fund Direct Growth

Axis Small Cap Fund is a small-cap mutual fund that invests a minimum of 65% of its assets in equity and equity-related instruments of small-cap companies. The rest is allocated across non-small-cap companies, debt and money market instruments, derivatives, REITs, and InvITs. Small-cap stocks are defined as those ranked 251st and beyond in terms of full market capitalization, as per SEBI guidelines. These companies often carry high-growth potential and may evolve into mid or large-cap businesses over time.

The fund tracks the Nifty Smallcap 250 TRI as its benchmark. This index represents the performance of the top 250 small-cap companies, including dividends paid. Axis Small Cap Fund follows a fair-value-based research approach, with a strong emphasis on identifying quality business models, sustainable competitive advantages, and long-term growth prospects.

Currently, the fund's portfolio comprises 68.6% small-cap stocks, 3.62% large-cap stocks, and 15.67% mid-cap stocks.

With an AUM of ₹26379.0 crores, Axis Small Cap Fund Direct Growth generated a return of 8.1% in 1 year, 25.0% in 3 years, 32.4% in 5 years. while its benchmark index (Nifty Smallcap 250) generated 4.3% in 1 year, 27.8% in 3 years, and 33.4% in 5 years.