Axis Small Cap Fund - Direct Growth

Axis Small Cap Fund invests in high conviction small-cap funds. The scheme follows a bottom-up approach to investing in small caps aimed at achieving long-term business. The scheme aims to develop a diversified portfolio of stocks keeping in mind the risk and reward and navigating volatile movements in the stock market.

Investment Plans

Guaranteed Tax Savings
Under sec 80C & 10(10D)
₹1 Crore
Invest ₹10k per month*
Zero LTCG Tax

In-built life cover

Top performing plans with High Returns^**

Invest ₹10K/month & Get ₹1 Crore returns*

Your Name

+91

Mobile Number

View Plans

Your personal information is secure with us

By clicking on "View Plans" you agree to our Privacy Policy and Terms of use

Get Updates on WhatsApp

Axis Small Cap Fund Direct-Growth Facts

Name of the Scheme	Axis Small Cap Fund
Benchmark Index	Nifty Small Cap 100 TRI
Name of the Trustee Company	Axis Mutual Fund Trustee Limited
Name of the Fund Manager	Mr Anupam Tiwari and Mr Hitesh Das
Portfolio Turnover Ratio as of September 30, 2021	0.22 times
Entry Load	Nil
Exit load	If redeemed or switched out after 1 year from the unit allotment date – Nil If redeemed or switched out within 1 year from the unit allotment date – For 10% of allotments: Nil For remaining Investments: 1%
Date of Inception	29th November 2013
Options	Growth and IDCW
Minimum Application	Lumpsum 5000 and multiples of Rs. 1 SIP Rs. 500 and multiples of Rs. 1
Standard Deviation	17.4%
Beta	0.68
Tracking Error	10.7%
Information Ratio	0.90
Large cap (% NAV)	Not Applicable
Midcap (% NAV)	19.6%
Small Cap (% NAV)	72.6%
Top 5 sectors	Capital Goods, Consumer, Information Technology, Agro Inputs, and Chemicals, Finance
Liquidity	The redemption receipts are received within 10 business days from the date of receipt of the request
Plans	Axis Small Cap Fund – Regular Plan Axis Small Cap Fund – Direct Plan
AUM as of October 31, 2021	Rs. 7,362.16

Investment Objective

The product is designed specifically for investors looking for long-term financial growth. The fund strives to achieve its objective by investing in a mixed portfolio of stocks and other equity-related instruments of small-cap companies.

Fund Summary

Axis Small Cap Fund – Direct Plan-Growth

NAV as on Nov 30, 2021: Rs. 65.90
CAGR: 26.58% since inception

Fund Return Summary

Performance of the Axis Small Cap Fund – Direct Plan-Growth option as of 30 September 2021, is as follows:

Tenure	Axis Small Cap Fund – Direct Plan-Growth Option	Nifty SmallCap 100 TRI
1 Year	76.91%	88.75%
3 Year	33.94%	22.12%
5 Year	22.14%	13.24%
Since Inception	26.58%	18.20%

*Returns are subject to change. The investment risk in the investment portfolio is borne by the policyholder.

Pros and Cons

Some pros and cons of the fund are:

Pros	Cons
The scheme has an affordable expense ratio.	The risk involved in the scheme is high.
The fund provides good returns over the long run.	There are chances that you might lose the capital invested.
The fund house has developed good risk mitigation strategies.	The fund is not appropriate for investors seeking quick profits and impatient dealing.

Fund Benefits

Some of the benefits are:

Long term capital appreciation
Reasonable Expense Ratio for higher returns
Consistency in performance since inception
Focus on risk mitigation to generate better returns

Who Should Invest?

The following category of investors can consider this fund:

Investors having an investment horizon of 5 years or more
Investors who can absorb short-term volatility

FAQ's

Q. How does the Axis Small Cap Fund allocate its assets?

A. The asset allocation pattern of the scheme has been reproduced hereunder:

Instruments	Indicative allocations (% of total assets)		Risk Profile
	Minimum	Maximum	High/Medium/Low
Units issued by REITs & Invits	0	10	Medium to High
Debt and Money Market Instruments	0	35	Low to Medium
Equity and Equity Related Instruments of non-small cap companies	0	35	High
Equity and Equity related instruments of small cap companies	65	100	High

Q. What are the risks that the Axis Small Cap Fund acknowledges?
A. The scheme has designed strategies to manage the following types of risks:
- Event Risk: Risk of increasing price due to company or sector-specific events
- Liquidity Risk: Impact of entry and exit
- Quality Risk: Risk of investing in unsuitable or weak companies
- Price Risk: Risk of overpaying for a company
- Volatility Risk: Volatility in price due to company or portfolio-specific factors

Q. How are the proceeds from the Axis Small Cap Fund taxed?

	Tax on Dividend	Long term Capital Gains	Short Term Capital Gains
Resident	Taxed in the hands of the unitholders at the rate as prescribed under the Income Tax Act, 1961.	10% plus surcharge and cess without indexation	15% plus surcharge and cess
Non- Resident	Taxed in the hands of the unitholders at the rate of 20% u/s 115A of the act.	10% plus surcharge and cess without indexation	15% plus surcharge and cess

Q. What are the expenses incurred under the Axis Small Cap Fund?

Expense Head	% of daily Net Assets
Investment Management and Advisory Fees	Up to 2.25%
Trustee Fees	Up to 2.25%
Audit Fees	Up to 2.25%
Custodian Fees	Up to 2.25%
RTA Fees	Up to 2.25%
Marketing and Selling expense	Up to 2.25%
Cost of fund transfer from location to location	Up to 2.25%
Cost of providing account statements and IDCW redemption cheques and warrants	Up to 2.25%
Cost related to investor communications	Up to 2.25%
Cost of Statutory Advertisements	Up to 2.25%
Cost towards investor education and awareness (at least 2 bps)	Up to 2.25%
Brokerage and Transaction cost that is above the 12 bps and 5 bps for derivatives and cash market trades	Up to 2.25%
Goods and Service Tax on expenses other than advisory fees and investment	Up to 2.25%
GST	Up to 2.25%
Other Expenses	Up to 2.25%
Total Expense Ratio permitted under Regulation 52(6)(c)	Up to 2.25%
Additional Expenses under regulation	Up to 0.05%
Additional Expenses for new inflows	Up to 0.30%

Q. How is NAV Computed?

A. Nav per unit = Market or fair Value of the Scheme’s investment + Current asset – Current Liabilities and Provisions / No. of units outstanding under the scheme/plan.

*All savings are provided by the insurer as per the IRDAI approved insurance plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

Calculators

Show More Calculator