Axis Small Cap Fund - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Small Cap Fund

Fund House : Axis Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 60.78 1.38%
(as on 29th March, 2023)

Crisil Rank

Average performance among peers

Fund Size

: ₹ 11462.59 Cr

(9.63% of Investment in Category)

Expense Ratio

: 1.95%

(1.99% Category average)

Risk-O-Meter

Very High

Small Cap Fund :Small Cap Fund : The fund has 83.77% investment in domestic equities of which 0.33% is in Large Cap stocks, 5.22% is in Mid Cap stocks, 60.41% in Small Cap stocks.

Suitable For : Investors who are looking to invest money for at least 3-4 years and looking for very high returns. At the same time, these investors should also be ready for possibility of higher losses in their investments.

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3M
6M
1Y
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ALL

This Scheme

VS

Nifty 50

-3.01%

-7.88%

-4.25%

-6.17%

13.56%

7.73%

10.87%
NA
-1.52%

-3.42%

-2.24%

1.71%

19.34%

11.26%

15.11%

NA
Gold

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SIP Calculator
VIP (Value Avg)

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Annualised Returns

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Returns (NAV as on 29th March, 2023)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	22-Mar-23	9913.60	-0.86%	-	-1.11%	14/33
1 Month	28-Feb-23	9793.70	-2.06%	-	-1.52%	23/33
3 Month	29-Dec-22	9582.20	-4.18%	-	-3.42%	19/33
6 Month	29-Sep-22	9724.80	-2.75%	-	-2.24%	18/32
YTD	30-Dec-22	9529.60	-4.70%	-	-4.02%	19/33
1 Year	29-Mar-22	9998.40	-0.02%	-0.02%	1.71%	18/32
2 Year	26-Mar-21	14200.90	42.01%	19.08%	19.34%	16/31
3 Year	27-Mar-20	25022.60	150.23%	35.69%	41.74%	27/30
5 Year	28-Mar-18	22150.10	121.50%	17.22%	11.26%	2/17
Since Inception	29-Nov-13	60780.00	507.80%	21.33%	15.11%	5/33

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 29th March, 2023)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	29-Mar-22	12000	11933.47	-0.55 %	-1.03 %
2 Year	26-Mar-21	24000	25422.34	5.93 %	5.65 %
3 Year	27-Mar-20	36000	48473.35	34.65 %	20.33 %
5 Year	28-Mar-18	60000	100033.75	66.72 %	20.57 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 28th Feb,2023)

Portfolio Turnover Ratio : 5.00% | Category average turnover ratio is 27.14%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 83.77% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 83.77%

No of Stocks : 83 (Category Avg - 69.83) | Large Cap Investments : 0.33%| Mid Cap Investments : 5.22% | Small Cap Investments : 60.41% | Other : 17.81%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Narayana Hrudayalaya Ltd.	Hospital	5059.7	4.41%	0.14%	4.64% (Oct 2022)	3.66% (Jul 2022)	67.54 L	0.00
Galaxy Surfactants Ltd.	Specialty chemicals	4036.1	3.52%	0.30%	5.08% (Jun 2022)	3.22% (Jan 2023)	17.06 L	1.16 L
Fine Organic Industries Ltd.	Specialty chemicals	4002.5	3.49%	-0.27%	5.49% (Sep 2022)	3.35% (Mar 2022)	8.65 L	0.00
CCL Products (India) Ltd.	Tea & coffee	3957	3.45%	0.03%	3.48% (Nov 2022)	2.85% (May 2022)	72.35 L	0.00
Brigade Enterprises Ltd.	Residential, commercial projects	3871.9	3.38%	0.21%	4.16% (Mar 2022)	3.17% (Jan 2023)	79.40 L	663.00
Blue Star Ltd.	Household appliances	3660.9	3.19%	0.50%	3.19% (Feb 2023)	2.09% (Mar 2022)	25.49 L	30.18 k
Krishna Institute of Medical Sciences Ltd.	Hospital	3265.8	2.85%	-0.33%	3.41% (Sep 2022)	2.77% (Apr 2022)	24.29 L	5.97 k
J K Lakshmi Cement Ltd.	Cement & cement products	3240.3	2.83%	-0.25%	3.45% (Dec 2022)	2.07% (Jun 2022)	48.18 L	0.00
Cholamandalam Financial Holdings Ltd.	Investment company	3070.2	2.68%	0.90%	2.68% (Feb 2023)	0.48% (Mar 2022)	53.40 L	19.12 L
Birlasoft Ltd.	Computers - software & consulting	3017.8	2.63%	-0.25%	3.77% (Mar 2022)	2.61% (Oct 2022)	1.10 Cr	0.00

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	16.17%
Net Receivables	Net Receivables	0.06%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 28th February, 2023)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

18.51vs19.46

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

0.77vs0.81

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.81vs0.91

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.19vs0.22

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Poor risk adjusted returns

1.53vs5.21

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Tata Small Cap Fund - Regular Plan - Growth	5	3300.82	-0.16	-1.52	2.90	16.07	44.61
HDFC Small Cap Fund - Growth	3	14648.76	0.17	-0.47	5.54	11.72	44.78
Franklin India Smaller Companies Fund - Growth	2	7308.82	-1.15	-0.22	4.27	8.74	41.36
Nippon India Small Cap Fund - Growth	4	23910.18	-1.04	-2.96	0.75	7.27	49.09
Quant Small Cap Fund - Growth	5	3301.73	-1.88	-5.33	3.98	4.96	66.01
ICICI Prudential Smallcap Fund - Regular Plan - Growth	3	4618.03	-0.65	-3.35	-2.29	4.04	42.80
HSBC Small Cap Fund - Growth	3	8625.96	-0.93	-0.78	0.34	4.00	45.99
ITI Small Cap Fund - Regular Plan - Growth	NA	1015.68	-0.12	-1.84	1.01	4.00	29.56
Invesco India Smallcap Fund - Growth	2	1400.88	-1.79	-2.88	-0.95	1.70	36.20
Edelweiss Small Cap Fund - Regular Plan - Growth	3	1458.46	-1.53	-4.30	-2.66	0.77	42.38

Detailed Comparison

More Funds from Axis Mutual Fund

Out of 74 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 1 is/are ranked 4 * , 10 is/are ranked 3 * , 3 is/are ranked 2 * , 6 is/are ranked 1 * , and 53 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Axis Bluechip Fund - Growth	1	33049.77	-1.92	-6.90	-3.86	-7.84	15.84
Axis Long Term Equity Fund - Growth	1	28754.21	-2.47	-7.92	-7.88	-11.36	15.25
Axis Liquid Fund - Growth	3	27225.99	0.58	1.65	3.29	5.66	4.22
Axis Midcap Fund - Growth	2	18920.41	-2.42	-4.16	-5.61	-4.56	25.29
Axis Focused 25 Fund - Growth	1	15139.75	-2.65	-9.16	-9.78	-15.77	14.59
Axis Banking & PSU Debt Fund - Growth	3	13953.88	0.85	1.44	3.05	4.29	5.34
Axis Overnight Fund - Regular Plan - Growth	NA	12566.34	0.51	1.55	3.05	5.41	3.88
Axis Small Cap Fund - Growth	3	11462.59	-2.06	-4.18	-2.75	-0.02	35.69
Axis Flexi Cap Fund - Growth	1	10077.20	-2.42	-7.66	-6.46	-9.83	16.42
Axis Growth Opportunities Fund - Growth	NA	8053.92	-2.47	-4.53	-5.84	-8.89	24.81