Axis Small Cap Fund Direct Growth

About Axis Small Cap Fund Direct Growth

The Axis Small Cap Fund Direct-Growth is a mutual fund scheme specializing in Small Cap investments offered by Axis Mutual Fund. It has been operational for nearly a decade, having been introduced on November 11, 2013. As of September 30, 2023, the fund manages assets worth ₹15,847 Crores, positioning it as a medium-sized fund within its category. Notably, it maintains a lower expense ratio of 0.55% in comparison to the majority of other Small Cap funds.

Over the past year, the Axis Small Cap Fund Direct-Growth has demonstrated impressive returns of 23.91%. Since its inception, it has maintained an average annual return rate of 24.76%.

Highlights of Axis Small Cap Fund Direct Growth

• Axis Small Cap Fund Direct-Growth demonstrates consistent performance in line with its category, with average loss control in downturns.

• The fund's major allocations are in Healthcare, Financials, Chemicals, Capital Goods, and Technology sectors.

• It maintains lower exposure in Healthcare and Financials compared to its category peers.

• The top five holdings of the fund are Narayana Hrudayalaya Ltd., KPIT Technologies Ltd., Tube Investments Of India Ltd., Krishna Institute of Medical Sciences Ltd., and Brigade Enterprises Ltd.

Key Information About Axis Small Cap Fund Direct Growth

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Performance of Axis Small Cap Fund Direct-Growth

What are the Top 10 Holdings of Axis Small Cap Fund Direct Growth?

What is the Equity Sector Allocation of Axis Small Cap Fund Direct Growth?

What is the Expense Ratio, Exit Load and Taxation of the Axis Small Cap Fund Direct Growth?

Taxation

If you withdraw your investment within the first year, you will be subject to a 15% tax on the returns. However, if you hold onto your investment for over a year, any returns exceeding Rs 1 lakh in a financial year will be subject to a Long-Term Capital Gains (LTCG) tax of 10%.