Fund Overview
Fund Size
₹25,062 Cr
Expense Ratio
0.55%
ISIN
INF846K01K35
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
05 Dec 2013
About this fund
Axis Small Cap Fund Direct Growth is a Small-Cap mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 11 years, 6 months and 14 days, having been launched on 05-Dec-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹121.80, Assets Under Management (AUM) of 25062.36 Crores, and an expense ratio of 0.55%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹121.80, Assets Under Management (AUM) of 25062.36 Crores, and an expense ratio of 0.55%.
- Axis Small Cap Fund Direct Growth has given a CAGR return of 24.19% since inception.
- The fund's asset allocation comprises around 89.29% in equities, 0.00% in debts, and 10.71% in cash & cash equivalents.
- You can start investing in Axis Small Cap Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.19%
+3.72% (Cat Avg.)
3 Years
+26.23%
+27.47% (Cat Avg.)
5 Years
+32.33%
+34.59% (Cat Avg.)
10 Years
+20.31%
+17.98% (Cat Avg.)
Since Inception
+24.19%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹22,378.81 Cr | 89.29% |
| Others | ₹2,683.56 Cr | 10.71% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹2,906.7 Cr | 11.60% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹736.61 Cr | 2.94% |
| Brigade Enterprises Ltd | Equity | ₹673.6 Cr | 2.69% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹668.65 Cr | 2.67% |
| CCL Products (India) Ltd | Equity | ₹613.98 Cr | 2.45% |
| Kaynes Technology India Ltd | Equity | ₹547.05 Cr | 2.18% |
| Blue Star Ltd | Equity | ₹543.87 Cr | 2.17% |
| Nifty June 2025 Future | Equity Index - Future | ₹486.48 Cr | 1.94% |
| Narayana Hrudayalaya Ltd | Equity | ₹440.47 Cr | 1.76% |
| Multi Commodity Exchange of India Ltd | Equity | ₹431.58 Cr | 1.72% |
| PB Fintech Ltd | Equity | ₹421.32 Cr | 1.68% |
| BSE Ltd | Equity | ₹418.82 Cr | 1.67% |
| Vesuvius India Ltd | Equity | ₹409.39 Cr | 1.63% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹404.75 Cr | 1.61% |
| HDFC Bank Ltd | Equity | ₹395.55 Cr | 1.58% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-381.66 Cr | 1.52% |
| JK Lakshmi Cement Ltd | Equity | ₹364.43 Cr | 1.45% |
| Can Fin Homes Ltd | Equity | ₹343.73 Cr | 1.37% |
| City Union Bank Ltd | Equity | ₹340.55 Cr | 1.36% |
| Galaxy Surfactants Ltd | Equity | ₹324.25 Cr | 1.29% |
| Ahluwalia Contracts (India) Ltd | Equity | ₹313.32 Cr | 1.25% |
| Minda Corp Ltd | Equity | ₹301.59 Cr | 1.20% |
| Fine Organic Industries Ltd Ordinary Shares | Equity | ₹296.56 Cr | 1.18% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹295.05 Cr | 1.18% |
| Phoenix Mills Ltd | Equity | ₹258.4 Cr | 1.03% |
| KFin Technologies Ltd | Equity | ₹253.17 Cr | 1.01% |
| Craftsman Automation Ltd | Equity | ₹251.36 Cr | 1.00% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹247.44 Cr | 0.99% |
| Chemplast Sanmar Ltd | Equity | ₹246.15 Cr | 0.98% |
| Sudarshan Chemical Industries Ltd | Equity | ₹229.62 Cr | 0.92% |
| Coforge Ltd | Equity | ₹224.44 Cr | 0.90% |
| Karur Vysya Bank Ltd | Equity | ₹224.14 Cr | 0.89% |
| Central Depository Services (India) Ltd | Equity | ₹214.97 Cr | 0.86% |
| Affle 3i Ltd | Equity | ₹210.87 Cr | 0.84% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹210.34 Cr | 0.84% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹209.71 Cr | 0.84% |
| India Shelter Finance Corporation Ltd | Equity | ₹208.88 Cr | 0.83% |
| Neogen Chemicals Ltd | Equity | ₹204.62 Cr | 0.82% |
| Navin Fluorine International Ltd | Equity | ₹204.5 Cr | 0.82% |
| Data Patterns (India) Ltd | Equity | ₹201.07 Cr | 0.80% |
| RHI Magnesita India Ltd | Equity | ₹200.72 Cr | 0.80% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹188.19 Cr | 0.75% |
| Cohance Lifesciences Ltd | Equity | ₹181.4 Cr | 0.72% |
| DOMS Industries Ltd | Equity | ₹179.79 Cr | 0.72% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹175.41 Cr | 0.70% |
| Grindwell Norton Ltd | Equity | ₹160.93 Cr | 0.64% |
| Deepak Fertilisers & Petrochemicals Corp Ltd | Equity | ₹160.07 Cr | 0.64% |
| India (Republic of) | Bond - Short-term Government Bills | ₹158.52 Cr | 0.63% |
| Apar Industries Ltd | Equity | ₹158.21 Cr | 0.63% |
| CIE Automotive India Ltd | Equity | ₹157.64 Cr | 0.63% |
| Rolex Rings Ltd | Equity | ₹157.29 Cr | 0.63% |
| Kirloskar Oil Engines Ltd | Equity | ₹155.79 Cr | 0.62% |
| Carborundum Universal Ltd | Equity | ₹154.78 Cr | 0.62% |
| Orient Electric Ltd Ordinary Shares | Equity | ₹152.76 Cr | 0.61% |
| SJS Enterprises Ltd | Equity | ₹151.85 Cr | 0.61% |
| Welspun Corp Ltd | Equity | ₹151.43 Cr | 0.60% |
| Devyani International Ltd | Equity | ₹150.29 Cr | 0.60% |
| Fortis Healthcare Ltd | Equity | ₹148.65 Cr | 0.59% |
| Alembic Pharmaceuticals Ltd | Equity | ₹147.19 Cr | 0.59% |
| Anant Raj Ltd | Equity | ₹142.44 Cr | 0.57% |
| Persistent Systems Ltd | Equity | ₹141.76 Cr | 0.57% |
| Kalpataru Projects International Ltd | Equity | ₹140.92 Cr | 0.56% |
| Chalet Hotels Ltd | Equity | ₹140.76 Cr | 0.56% |
| Radico Khaitan Ltd | Equity | ₹140.41 Cr | 0.56% |
| Tech Mahindra Ltd | Equity | ₹136.66 Cr | 0.55% |
| Union Bank of India | Equity | ₹136.01 Cr | 0.54% |
| Arvind Fashions Ltd | Equity | ₹134.21 Cr | 0.54% |
| R R Kabel Ltd | Equity | ₹134.21 Cr | 0.54% |
| Laurus Labs Ltd | Equity | ₹129.08 Cr | 0.52% |
| Niva Bupa Health Insurance Co Ltd | Equity | ₹127.79 Cr | 0.51% |
| TBO Tek Ltd | Equity | ₹127.6 Cr | 0.51% |
| Tata Consumer Products Ltd | Equity | ₹122.01 Cr | 0.49% |
| Mahanagar Gas Ltd | Equity | ₹121.67 Cr | 0.49% |
| Gokaldas Exports Ltd | Equity | ₹120.19 Cr | 0.48% |
| OneSource Specialty Pharma Ltd | Equity | ₹117.22 Cr | 0.47% |
| Rainbow Childrens Medicare Ltd | Equity | ₹116.82 Cr | 0.47% |
| Sansera Engineering Ltd | Equity | ₹116.28 Cr | 0.46% |
| GE Vernova T&D India Ltd | Equity | ₹112.07 Cr | 0.45% |
| PNC Infratech Ltd | Equity | ₹111.09 Cr | 0.44% |
| Balrampur Chini Mills Ltd | Equity | ₹109.72 Cr | 0.44% |
| Birlasoft Ltd | Equity | ₹106.69 Cr | 0.43% |
| Aptus Value Housing Finance India Ltd | Equity | ₹105.74 Cr | 0.42% |
| Timken India Ltd | Equity | ₹102.62 Cr | 0.41% |
| HeidelbergCement India Ltd | Equity | ₹99.55 Cr | 0.40% |
| UNO Minda Ltd | Equity | ₹98.31 Cr | 0.39% |
| L&T Finance Ltd | Equity | ₹98.25 Cr | 0.39% |
| Havells India Ltd | Equity | ₹97.06 Cr | 0.39% |
| Jyothy Labs Ltd | Equity | ₹96.73 Cr | 0.39% |
| Sai Life Sciences Ltd | Equity | ₹92.44 Cr | 0.37% |
| Premier Energies Ltd | Equity | ₹91.96 Cr | 0.37% |
| Alicon Castalloy Ltd | Equity | ₹91.3 Cr | 0.36% |
| Avalon Technologies Ltd | Equity | ₹91.01 Cr | 0.36% |
| Hindalco Industries Ltd | Equity | ₹90.6 Cr | 0.36% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹90.04 Cr | 0.36% |
| Whirlpool of India Ltd | Equity | ₹85.84 Cr | 0.34% |
| Sona BLW Precision Forgings Ltd | Equity | ₹84.86 Cr | 0.34% |
| Titagarh Rail Systems Ltd | Equity | ₹83.17 Cr | 0.33% |
| Tata Consultancy Services Ltd | Equity | ₹82.17 Cr | 0.33% |
| Firstsource Solutions Ltd | Equity | ₹81.94 Cr | 0.33% |
| L&T Technology Services Ltd | Equity | ₹81.78 Cr | 0.33% |
| KNR Constructions Ltd | Equity | ₹81.65 Cr | 0.33% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹76.94 Cr | 0.31% |
| PG Electroplast Ltd | Equity | ₹75.44 Cr | 0.30% |
| SBFC Finance Ltd | Equity | ₹72.16 Cr | 0.29% |
| KEI Industries Ltd | Equity | ₹67.35 Cr | 0.27% |
| Rategain Travel Technologies Ltd | Equity | ₹64.29 Cr | 0.26% |
| Inventurus Knowledge Solutions Ltd | Equity | ₹62.86 Cr | 0.25% |
| PDS Ltd | Equity | ₹61.39 Cr | 0.24% |
| JM Financial Ltd | Equity | ₹60.88 Cr | 0.24% |
| Mahindra Lifespace Developers Ltd | Equity | ₹59.63 Cr | 0.24% |
| Strides Pharma Science Ltd | Equity | ₹59.62 Cr | 0.24% |
| VST Industries Ltd | Equity | ₹54.24 Cr | 0.22% |
| TeamLease Services Ltd | Equity | ₹53.02 Cr | 0.21% |
| Container Corporation of India Ltd | Equity | ₹52.74 Cr | 0.21% |
| Aditya Birla Real Estate Ltd | Equity | ₹50.45 Cr | 0.20% |
| Sharda Motor Industries Ltd | Equity | ₹49.17 Cr | 0.20% |
| PNB Housing Finance Ltd | Equity | ₹48.74 Cr | 0.19% |
| Engineers India Ltd | Equity | ₹46.72 Cr | 0.19% |
| MTAR Technologies Ltd | Equity | ₹46.41 Cr | 0.19% |
| Aether Industries Ltd | Equity | ₹43.62 Cr | 0.17% |
| Jubilant Ingrevia Ltd Ordinary Shares | Equity | ₹43.31 Cr | 0.17% |
| EPL Ltd Ordinary Shares | Equity | ₹39.19 Cr | 0.16% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹36.91 Cr | 0.15% |
| Aarti Industries Ltd | Equity | ₹36.84 Cr | 0.15% |
| Ajax Engineering Ltd | Equity | ₹33.11 Cr | 0.13% |
| Suprajit Engineering Ltd | Equity | ₹30.96 Cr | 0.12% |
| Happy Forgings Ltd | Equity | ₹26.78 Cr | 0.11% |
| Hexaware Technologies Ltd Ordinary Shares | Equity | ₹25.73 Cr | 0.10% |
| Electronics Mart India Ltd | Equity | ₹24.3 Cr | 0.10% |
| MAS Financial Services Ltd Ordinary Shares | Equity | ₹20.27 Cr | 0.08% |
| Jupiter Life Line Hospitals Ltd | Equity | ₹18.48 Cr | 0.07% |
| Jyoti CNC Automation Ltd | Equity | ₹12.05 Cr | 0.05% |
| Mahindra Lifespace Developers Ltd - Rights | Equity - Warrants/Rights (Call) | ₹5.79 Cr | 0.02% |
| Mankind Pharma Ltd | Equity | ₹2.38 Cr | 0.01% |
| Ceigall India Ltd | Equity | ₹0.73 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
3.69%
Mid Cap Stocks
16.21%
Small Cap Stocks
66.83%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹4,746.31 Cr | 18.94% |
| Financial Services | ₹4,550.35 Cr | 18.16% |
| Healthcare | ₹2,846.17 Cr | 11.36% |
| Basic Materials | ₹2,622.93 Cr | 10.47% |
| Consumer Cyclical | ₹2,554.64 Cr | 10.19% |
| Technology | ₹1,667.39 Cr | 6.65% |
| Consumer Defensive | ₹1,432.13 Cr | 5.71% |
| Real Estate | ₹1,134.07 Cr | 4.53% |
| Communication Services | ₹210.87 Cr | 0.84% |
| Utilities | ₹121.67 Cr | 0.49% |
Risk & Performance Ratios
Standard Deviation
This fund
14.42%
Cat. avg.
17.23%
Lower the better
Sharpe Ratio
This fund
1.08
Cat. avg.
0.95
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.58
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st May 2025
ISIN | INF846K01K35 | Expense Ratio | 0.55% | Exit Load | 1.00% | Fund Size | ₹25,062 Cr | Age | 11 years 6 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Smallcap 250 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Small-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mirae Asset Small Cap Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹1580.47 Cr | - |
| Mirae Asset Small Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1580.47 Cr | - |
| TrustMF Small Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹970.00 Cr | - |
| TrustMF Small Cap Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹970.00 Cr | - |
| JM Small Cap Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹720.48 Cr | 0.0% |
| JM Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹720.48 Cr | 1.8% |
| Motilal Oswal Nifty Smallcap 250 ETF Very High Risk | 0.3% | - | ₹100.05 Cr | 0.7% |
| Motilal Oswal Small Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹4927.18 Cr | 15.5% |
| Motilal Oswal Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹4927.18 Cr | 17.1% |
| Quantum Small Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹132.10 Cr | 8.7% |
About the AMC
Total AUM
₹3,22,563 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Axis Small Cap Fund Direct Growth?
The NAV of Axis Small Cap Fund Direct Growth, as of 18-Jun-2025, is ₹121.80.
What are the returns of Axis Small Cap Fund Direct Growth?
The fund has generated 7.19% over the last 1 year and 26.23% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Small Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 89.29% in equities, 0.00% in bonds, and 10.71% in cash and cash equivalents.
Who manages the Axis Small Cap Fund Direct Growth?
The fund managers responsible for Axis Small Cap Fund Direct Growth are:-
- Tejas Sheth
- Mayank Hyanki
- Krishnaa N
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.