Axis Small Cap Fund Direct-Growth

Q: What are the returns of Axis Small Cap Fund?

The Axis Small Cap Fund is a 11 yrs 5 m old fund and has delivered average annual returns of 23.92% since inception. Axis Small Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 12.14% 19.64% 32.79% 19.61% 23.92%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹115.22-0.1% 1 day change	23.92% p.a.	#NA View Ranked Funds	3

Historical NAV & returns

NAV: ₹115.22 as on Apr 23, 2025

This fund Category average

Axis Small Cap Fund overview

VRO rating	3
Expense ratio	0.57% as on Mar 31, 2025
Exit load	1.0% Exit load of 1% for investments beyond 10% if redeemed within 12 months!
AUM (Fund size)	₹22,736 Crs
Lock-in	No Lockin
Age	11 yrs 5 m since Nov 11, 2013
Benchmark	NIFTY Smallcap 250 TRI
Min. investment	SIP ₹500 & Lump. ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Axis Small Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	2.97%	2.87%
3 months	1.53%	-0.2%
6 months	-3.07%	-7.33%
1 year	12.14%	7.11%
3 years	19.64%	19.91%
5 years	32.79%	36.56%
7 years	21.32%	17.29%
10 years	19.61%	17.82%

Asset allocationas on Mar 31, 2025

Large Cap 3.9853240000000003%

Mid Cap 17.814132%

Small Cap 66.960544%

Other Cap 0.0%

Top holdings

Blue Star Ltd.3.64%

Krishna Institute of Medical Sciences Ltd3.03%

Cholamandalam Financial Holdings Ltd.2.91%

Brigade Enterprises Ltd.2.65%

Top sectors

Financial 15.149999999999999%

Healthcare 11.66%

Capital Goods 9.319999999999999%

Services 8.22%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 12.52%

Reserve Bank of India 0.7%

Allocation by Instruments

CBLO 12.52385064%

Index Derivatives 2.05308992%

Treasury Bills 0.69839255%

Other Holdings

Bifurcation by Holding is not available for this fund

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Axis Small Cap Fund	N.A.	₹22,736 Crs	11 yrs 5 m	0.57%
Nippon India Small Cap Fund	N.A.	₹55,491 Crs	12 yrs 3 m	0.73%
Tata Small Cap Fund	N.A.	₹9,203 Crs	6 yrs 6 m	0.3%
Quant Small Cap Fund	N.A.	₹24,893 Crs	12 yrs 3 m	0.69%
Invesco India Smallcap Fund	N.A.	₹5,885 Crs	6 yrs 6 m	0.41%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Small Cap Fund	2.97%	-3.07%	12.14%	19.64%	32.79%	19.61%
Nippon India Small Cap Fund	3.13%	-8.4%	5.79%	23.4%	40.66%	22.0%
Tata Small Cap Fund	1.11%	-10.13%	8.84%	23.38%	38.01%	15.43%
Quant Small Cap Fund	2.6%	-8.62%	-2.7%	22.35%	50.18%	19.84%
Invesco India Smallcap Fund	4.39%	-3.62%	15.51%	25.3%	36.74%	15.55%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Small Cap Fund	14.67	0.71	0.74	1.03
Nippon India Small Cap Fund	17.36	0.85	0.87	1.2
Tata Small Cap Fund	16.27	0.76	0.99	1.33
Quant Small Cap Fund	18.86	0.9	0.82	1.23
Invesco India Smallcap Fund	17.07	0.8	0.92	1.17

View all Small Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.33 vs. 5.19 Underperformed at beating benchmark
Sharpe	0.74 vs. 6.12 Poor risk-adjusted returns
Beta	0.71 vs. 0.71 More sensitive to market's ups & downs
Standard deviation	14.67 vs. 13.25 More volatile performance

Compare Axis Small Cap Fund in detail with

About this fund

About Axis Small Cap Fund

Axis Small Cap Fund Direct-Growth is a Small Cap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 11 yrs 5 m, having been launched on 11/11/2013. Axis Small Cap Fund Direct-Growth has ₹22,736 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Small Cap Fund Direct-Growth as of 23/04/2025 is ₹115.22. The fund has an expense ratio of 0.57%, which is close to what most other Small Cap funds charge.

Axis Small Cap Fund Direct-Growth returns of last 1-year are 13.02%. Since launch, it has delivered 23.90% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Axis Small Cap Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Healthcare, Capital Goods, Services, Chemicals sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in Blue Star Ltd., Krishna Institute of Medical Sciences Ltd, Cholamandalam Financial Holdings Ltd., Brigade Enterprises Ltd., Kaynes Technology India Ltd..

...

Fund AUM	₹22,736 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Mayank Hyanki

Mr. Hyanki has done B.Tech and PGDM, Finance Prior to joining Axis Mutual Fund, he has worked with Reliance, Birla Sun Life Asset Management Company Ltd and ING Investment Management (I) Pvt Ltd

Tejas Sheth

Mr. Sheth has done PG Diploma in Management. Prior to joining Axis Mutual Fund he has worked with Nippon India Mutual Fund, Emkay Global Financial Services Ltd., Fortune Financial Pvt. Ltd. and Darashaw & Co. Pvt. Ltd.

Investment objective

The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity & equity related instruments of small cap companies.

Axis Mutual Fund details

No. of schemes	68 view all schemes
Total AUM	₹3,22,861 Crs as on Mar 31, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Axis Growth Opportunities Fund	N.A.	₹13,321 Crs	9.48%	26.76%
Axis Midcap Fund	N.A.	₹28,063 Crs	13.01%	26.56%
Axis Nifty 100 Index Fund	N.A.	₹1,715 Crs	8.55%	22.59%
Axis Flexi Cap Fund	N.A.	₹12,040 Crs	12.06%	20.32%
Axis ELSS Tax Saver Fund	N.A.	₹34,176 Crs	9.87%	19.57%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Axis Small Cap Fund?

The current Net Asset Value (NAV) of the Axis Small Cap Fund - Direct Growth plan is approximately ₹115.22 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Axis Small Cap Fund is a 11 yrs 5 m old fund and has delivered average annual returns of 23.92% since inception.

Axis Small Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
12.14%	19.64%	32.79%	19.61%	23.92%

How much does this mutual fund charge as expense ratio?

The Axis Small Cap Fund - Direct Growth has an expense ratio of 0.57%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Axis Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately ₹22,736 Crs crore as of Mar 31, 2025.

What are the top stock holdings of Axis Small Cap Fund?

The Axis Small Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Blue Star Ltd.	3.64%
Krishna Institute of Medical Sciences Ltd	3.03%
Cholamandalam Financial Holdings Ltd.	2.91%
Brigade Enterprises Ltd.	2.65%
Kaynes Technology India Ltd.	2.16%
Nifty 50	2.05%
Narayana Hrudayalaya Ltd.	1.88%
JB Chemicals & Pharmaceuticals Ltd.	1.72%
CCL Products (India) Ltd.	1.7%
PB Fintech Ltd.	1.67%

What are the top sectors Axis Small Cap Fund has invested in?

The Axis Small Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	15.149999999999999%
Healthcare	11.66%
Capital Goods	9.319999999999999%
Services	8.22%
Chemicals	7.499999999999999%
Construction	6.84%
Consumer Discretionary	6.48%
Consumer Staples	5.859999999999999%
Technology	4.800000000000001%
Automobile	4.73%

What is risk level of Axis Small Cap Fund?

This is a Small Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Axis Small Cap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Axis Small Cap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Axis Small Cap Fund is complete.

How can I redeem my investments in Axis Small Cap Fund?

Redeeming your investments in Axis Small Cap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Small Cap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Small Cap

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Small Cap funds in the last 10 Years.
Chance: This fund has generated a 18.77% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Exit Load: Exit load of 1% for investments beyond 10% if redeemed within 12 months