Axis Small Cap Fund Direct Growth
Equity
Direct
Small-Cap
NAV: ₹ 102.75 as on 24-04-2024
Fund Performance
99779 people have invested ₹ 42.5Cr in Axis Small Cap Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 39.4% return, outperforming this fund by 11.04% per annum.
Over the last 1 month, this fund has experienced a 2.9% drop in AUM moving from 19.60K Cr to 19.02K Cr.
This fund has one of the lowest expense ratio in the category (small-cap). Its expense ratio is 0.52% which is lower than the category average expense ratio of 1.18%.
In the last 3 years, Quant Small Cap Fund Growth Option Direct Plan has given 41.67% return, outperforming this fund by 13.57% per annum.
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 78.32% return, outperforming this fund by 35.02%.
INDmoney Rank of Axis Small Cap Fund Direct Growth
Powered by IND quant engine
8
/17
48% Performance
61% Risk Management
80% Cost
8 out of 17 among small-cap
Pros
Protects capital during bear phase
Larger AUM within category
Beats FD returns for both 3Y & 5Y
Cons
Underperforms benchmarks during bull run
About the 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
- Axis Small Cap Fund Direct Growth has ₹19030 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Axis Small Cap Fund Direct Growth Overview
 | 0.52% |
 Benchmark | S&P BSE Smallcap TR INR |
 | ₹19030 Cr |
 | 5 December, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 4.9% |
Axis Small Cap Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Small cap
69.2%
Mid cap
16.7%
Large cap
2.5%
Sector Allocation
Industrial
22.8%
Financial Services
17.3%
Health
13.8%
Basic Materials
11.8%
Consumer Cyclical
11.4%
Tech
10.6%
Real Estate
6.5%
Consumer Defensive
5.2%
Utilities
0.6%
Top Holdings of Axis Small Cap Fund Direct Growth as on (31-Mar-24)
Equity Holdings99
Debt Holdings3
Axis Small Cap Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -2.65% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -4.85% as on Mar'24
- This fund outperformed Nifty Smallcap 250 by 2.20% in Mar'24
AUM Change
- AUM of the fund stands at 19K Cr as of Mar'24
- AUM decreased by 576.8 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Axis Small Cap Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 BSE Ltd | 40.6% |
 Carborundum Universal Ltd | 17.8% |
 J B Chemicals & Pharmaceuticals Ltd | 16% |
Peer Analysis
Axis Small Cap Fund Direct Growth Fund Manager
Shreyash Devalkar
Fund Manager of Axis Small Cap Fund Direct Growth, since 1 March 2023
Top funds managed
Axis Small Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 25.05% since inception which is more than its category average return of 19.98%
Fund Allocations
This fund has an allocation of 90.35% in Equity, 0% in Debt and 9.65% in Cash related instruments
AUM size ₹19030 Cr
This fund has AUM of ₹19030 Cr which is more than its category average of ₹ 6324 Cr
Expense Ratio 0.52%
This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.23%
Frequently Asked Questions
The current NAV of Axis Small Cap Fund Direct Growth is ₹102.75 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Axis Small Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.34% | 5.34% |
6 Month Returns | 17.7% | 17.7% |
1 Year Returns | 43.31% | 43.31% |
3 Years Returns | 110.21% | 28.1% |
5 Years Returns | 248.43% | 28.36% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.52% as on March 2024
₹19030 Cr as on March 2024
Birlasoft Ltd(3.85%), Narayana Hrudayalaya Ltd(3.75%), Brigade Enterprises Ltd(3.62%), Blue Star Ltd(3.41%), Cholamandalam Financial Holdings Ltd(3.12%) as on March 2024
Industrial(20.62%), Financial Services(15.62%), Health(12.48%) as on March 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 | -0.44 | 5.79 | 7.77 |
As on March 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 | 0.64 | 0.72 |
As on March 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 | 2.72 | 1.61 | 1.09 |
As on March 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 | 10.53 | 12.1 | 19.63 |
As on March 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 3.42 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shreyash Devalkar is the fund manager of Axis Small Cap Fund Direct Growth
The Exit load of Axis Small Cap Fund Direct Growth is 1%