Axis Small Cap Fund [NAV – 76.66] | Axis Small Cap Fund Direct Growth

Axis Small Cap Fund
Axis Small Cap Fund

Axis Small Cap Fund, Axis Small Cap Fund Direct Growth, Axis Small Cap Fund Direct Growth NAV, Axis Small Cap Fund NAV

In this article we’re going to do AXIS Small Cap Fund review.

We’re going to discuss Axis Small Cap Fund Direct Growth.

Scheme Details of AXIS Small Cap Fund

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

AXIS Small Cap Fund Manager

Name DesignationExperienceDate of Joining
Shreyash DevalkarFund Manager – Equities5 Years03 Oct 2011
Vinayak JayanathFund Manager17 Jan 2023
AXIS Small Cap Fund Manager

Scheme Info of AXIS Small Cap Fund

Scheme NameAXIS Small Cap Fund Direct Growth
AMC NameAXIS Asset Management Company Ltd
Inception Date29 Nov 2013
AUM (as on March 2023)Rs 11601.44 Crores
Minimum Investment – LumpsumRs 500
Minimum Investment – SIPRs 100
Expense Ratio (as declared on 20 Feb 2023)0.54% (vs. category average – 0.77%)
Exit Load0
BenchmarkNifty Smallcap 250 – TRI
Market CapitalisationRs 1267.18 Crores
PE Ratio33.40
PB Ratio6.34
Asset TypeEquity
CategorizationSmall Cap Fund
TypeOpen Ended Scheme
OptionGrowth
CustodianDeutsche Bank A.G.
RegistrarKFin Technologies Ltd
Scheme Info of AXIS Small Cap Fund

AXIS Small Cap Fund Returns (As on 21 Apr 2023)

PeriodAbsolute Returns (%)Annualized Returns (%)Category AvgRank within Category
6 Months0.17%0.50%17/28
1 Year3.95%3.95%3.69%14/28
2 Year48.33%21.76%22.58%15/27
3 Year154.44%36.52%41.45%23/26

AXIS Small Cap Fund Direct Growth NAV

DateShare Price
21 April 202376.66
AXIS Small Cap Fund Direct Growth NAV

Performance Comparison of AXIS Small Cap Fund (As on 21 April 2023)

PeriodThis FundNifty 50Nifty 100Category Average
20224.11%3.24%2.58%1.75%
202158.76%23.79%24.62%52.6%
202024.87%14.77%14.75%23.59%

AXIS Small Cap Fund Returns – SIP

Investment Period₹1000 SIP Started onAmount InvestedLatest ValueAbsolute ReturnsAnnualized Returns
1 Year21-Apr-221200012467.553.9 %7.3 %
2 Year20-Apr-212400026504.4510.44 %9.86 %
3 Year20-Apr-203600050363.7839.9 %23.08 %

AXIS Small Cap Fund – Ratios

This FundCategory AverageComments
Standard Deviation15.5516.52Low volatility
Beta0.740.8Low volatility
Sharpe Ratio1.581.63Poor risk adjusted returns
Treynor’s Ratio0.330.34Poor risk adjusted returns
Jension’s Alpha3.55.25Poor risk adjusted returns

AXIS Small Cap Fund Portfolio

Portfolio Summary

ParticularsThis FundCategory
No. of stocks8371.82
Top 5 stocks weight18.02%15.76%
Top 10 stocks weight32.17%27.16%
Top 3 sector weight26.02%18.78%
Average Mcap (Cr)3631.4112742.25
Holdings in large cap stocks0.32% (1)4.05%
Holdings in mid cap stocks4.98% (10)7.04%
Holdings in small cap stocks59.36% (45)57.72%

Complete Portfolio

StockSectorValue (Mn)% of Total Holdings
Narayana Hrudayalaya Ltd.Hospital5228.94.51%
CCL Products (India) Ltd.Tea & coffee4106.73.54%
Galaxy Surfactants Ltd.Specialty chemicals39753.43%
J K Lakshmi Cement Ltd.Cement & cement products3814.23.29%
Brigade Enterprises Ltd.Residential, commercial projects37693.25%
Fine Organic Industries Ltd.Specialty chemicals3727.13.21%
Blue Star Ltd.Household appliances3515.23.03%
Krishna Institute of Medical Sciences Ltd.Hospital3404.62.93%
Cholamandalam Financial Holdings Ltd.Investment company2908.62.51%
Birlasoft Ltd.Computers – software & consulting2863.22.47%
Orient Refractories Ltd.Electrodes & refractories2608.52.25%
Can Fin Homes Ltd.Housing finance company2602.32.24%
Mahindra CIE Automotive Ltd.Auto components & equipments2450.42.11%
Ahluwalia Contracts (India) Ltd.Civil construction2267.11.95%
City Union Bank Ltd.Private sector bank22181.91%
Persistent Systems Ltd.Computers – software & consulting2118.11.83%
Grindwell Norton Ltd.Abrasives & bearings2071.41.79%
Chemplast Sanmar Ltd.Commodity chemicals1950.11.68%
Rolex Rings Private Ltd.Auto components & equipments1863.51.61%
Orient Electric Ltd.Consumer electronics1738.91.50%
MTAR Technologies Ltd.Aerospace & defense16951.46%
KPIT Technologies Ltd.Computers – software & consulting1651.11.42%
Neogen Chemicals Ltd.Specialty chemicals1566.41.35%
Coforge Ltd.Computers – software & consulting1485.21.28%
J.b. Chemicals & Pharmaceuticals Ltd.Pharmaceuticals13821.19%
Data Patterns India Ltd.Aerospace & defense1363.71.18%
J.K. Cement Ltd.Cement & cement products1252.41.08%
Vesuvius India Ltd.Electrodes & refractories1130.40.97%
Craftsman Automation Ltd.Auto components & equipments1111.70.96%
PNC Infratech Ltd.Civil construction1099.30.95%
KNR ConstructionsCivil construction982.70.85%
Mas Financial Services Ltd.Non banking financial company (nbfc)974.80.84%
Sudarshan Chemical Industries Ltd.Dyes and pigments9550.82%
Deepak Fertilisers & Petrochemicals Corp. Ltd.Commodity chemicals839.60.72%
Sona BLW Precision Forgings Ltd.Auto components & equipments822.90.71%
Heidelberg Cement India Ltd.Cement & cement products811.30.70%
SRF Ltd.Specialty chemicals754.20.65%
Navin Flourine International Ltd.Commodity chemicals741.50.64%
Minda Industries Ltd.Auto components & equipments721.40.62%
Carborundum Universal Ltd.Abrasives & bearings701.20.60%
Sansera Engineering Ltd.Auto components & equipments688.90.59%
Ipca Laboratories Ltd.Pharmaceuticals687.90.59%
Alicon Castalloy Ltd.Auto components & equipments684.90.59%
TCNS Clothing Company Ltd.Garments & apparels668.90.58%
Go Fashion (India) Ltd.Speciality retail634.10.55%
Tata Elxsi Ltd.Computers – software & consulting614.20.53%
Jamna Auto Inds. Ltd.Auto components & equipments587.30.51%
Kaynes Technology India Private Ltd.Industrial products555.80.48%
Phoenix Mills Ltd.Residential, commercial projects546.30.47%
S.J.S. Enterprises Ltd.Auto components & equipments545.50.47%
Vst Industries Ltd.Cigarettes & tobacco products542.60.47%
Rainbow Childrens Medicare Ltd.Hospital517.30.45%
Mahindra & Mahindra Financial Services Ltd.Non banking financial company (nbfc)486.40.42%
Multi Commodity Exchange Of India Ltd.Exchange and data platform447.60.39%
Balrampur Chini Mills Ltd.Sugar438.60.38%
JM Financial Ltd.Investment company438.10.38%
Aarti Industries Ltd.Specialty chemicals425.90.37%
Vijaya Diagnostic Centre Ltd.Healthcare service provider423.60.37%
Cholamandalam Investment & Finance Co. Ltd.Non banking financial company (nbfc)421.50.36%
Mrs.Bectors Food Specialities Ltd.Packaged foods419.40.36%
Fortis Healthcare Ltd.Hospital406.30.35%
Container Corporation Of India Ltd.Logistics solution provider369.70.32%
The Ramco Cements Ltd.Cement & cement products301.90.26%
EPL Ltd.Packaging285.90.25%
Minda Corporation Ltd.Auto components & equipments283.40.24%
Suryoday Small Finance Bank Ltd.Other bank265.30.23%
LTIMindtree Ltd.Computers – software & consulting252.50.22%
Computer Age Management Services Pvt Ltd.Depositories, clearing houses and other intermediaries243.40.21%
Global Health Ltd.Hospital214.70.19%
Mphasis Ltd.Computers – software & consulting197.70.17%
ICICI Securities Ltd.Stockbroking & allied1970.17%
KFIN Technologies Ltd.Financial technology (fintech)186.60.16%
Teamlease Services Ltd.Diversified commercial services182.30.16%
Aether Industries Ltd.Specialty chemicals130.60.11%
Motherson Sumi Wiring India Ltd.Auto components & equipments71.80.06%
Symphony Ltd.Consumer electronics64.40.06%
K.P.R. Mill Ltd.Other textile products58.40.05%
Aarti Pharmalabs Ltd.Pharmaceuticals56.70.05%
Bata India Ltd.Footwear22.60.02%
V-Guard Industries Ltd.Household appliances15.40.01%
Suprajit Engineering Ltd.Auto components & equipments3.90.00%
Sundram Fasteners Ltd.Auto components & equipments0.70.00%

FAQs

Is Axis Small Cap Fund good to invest?

The fund has managed to outperform the indices as well as its peers in its category. Morningstar has given it a 4 star rating.
It has the ability to protect the capital in a downturn.
Its asset quality is better than its peers.
Its portfolio turnover is less than its peers.
The fund is less volatile than peers over the long-term.
The fund give better long-term returns for risk taken compared to peers.

What is the return rate of Axis small cap fund?

Its trailing returns over different time periods are:
1 Year2.02%
3 Years – 32.39%
5 Year – 17.7%
Since launch – 21.45%

Axis Small Cap Fund Review

Suggested Reading

Tata Small Cap Fund

1 thought on “Axis Small Cap Fund [NAV – 76.66] | Axis Small Cap Fund Direct Growth”

Leave a comment