Fund Overview
banner

Axis Small Cap Fund

Share
Print

Scheme Type: Equity

Fund Manager:
Mr. Vinayak Jayanath + 2
Invest Now
NAV as on Apr 15, 2025
₹ 110.94
CAGR
23.92 %
AUM as on 30 Jun 2025(in Cr.)
₹ 26,379.20
Updated as on:
Risk
Risk
High
The Axis Small Cap Fund - Direct Plan - Growth is a strategic choice for investors looking to capitalize on the growth potential of small-cap stocks.
Here's why this fund is a compelling option
Standard Deviation
Standard Deviation
At 14.00, lower volatility compared to the category average.
Beta
Beta
A value of 0.70, lower volatility compared to similar funds in the market.
Sharpe Ratio
Sharpe Ratio
At 1.11, better risk-adjusted returns than the category average.
Treynor’s Ratio
Treynor’s Ratio
At 0.22, better risk-adjusted returns compared to the category average.
Note- Computed for the 3-yr period ended 31st July 2025. Based on month-end NAV.Source: AxisMF Internal Research
Impressive Performance
Performance
The fund has shown strong performance of CAGR since inception of 24.00% vs 19.91% (Benchmark – Nifty Smallcap 250 TRI).
Strong Investor Base
Strong Investor Base
With 16,52,448 Active Investors and 7,97,712 Active SIPs in July, the fund demonstrates strong investor confidence and a robust investor base.
Data as on 31st July 2025
Cost-Efficiency
Cost-Efficiency
It has a relatively lower expense ratio of 0.57% (Direct Plan as on 31st July 2025), ensuring that a larger portion of your investment is put to work.
Expert Management
Expert Management
The fund follows a bottom-up stock selection approach, focusing on scalable and asset-light business models, which are key to thriving in the small-cap space.
Source: Total Expense Ratio (TER) is as on 31st July 2025 for Axis Smallcap Fund - Direct Plan. The TER of the Scheme is subject to change at the discretion of AMC within the limits specified in Scheme Information Document. Investors are requested to visit Axis Mutual Fund website to view the current TER of the Scheme at the time of investments
An open ended equity scheme predominantly investing in small cap stocks

Investment Objective

To generate long-term capital appreciation from a diversified portfolio of predominantly equity & equity related instruments of small cap companies.

Benefits of

Bottom up approach to investing in small caps aimed at identifying long term businesses

Aim to generate alpha with a diversified portfolio of stocks

Build a portfolio keeping in mind risk and reward by containing mistakes and navigating volatile stock movements

Ideal for small cap investors who can patiently invest and those willing to absorb short term volatility

Investment horizon of 5 years or more

Fund Manager

Fund Manager
Mr. Shreyash Devalkar
Managing this fund since 23th Nov 2016
23
Years
Work Experience
See all schemes managed by Shreyash Devalkar
arrow-right
Fund Manager
Mr. Mayank Hayanki
Managing this fund since 24th Aug 2023
19
Years
Work Experience
See all schemes managed by Mayank Hayanki
arrow-right
Fund Manager
Mr. Vinayak Jayanath
Managing this fund since 17th Jan 2023
11
Years
Work Experience
See all schemes managed by Vinayak Jayanath
arrow-right

Entry Load

NA

Exit Load

If redeemed / switched-out within 12 months from the date of allotment:For 10% of investments: NIL. For remaining investments: 1%.If redeemed / switched-out after 12 months from the date of allotment: NIL.
Statistical Measures (3 Years)
Standard Deviation
14.20%
Beta
0.70
Sharpe Ratio**
1.36
Portfolio Turnover(1 Year)
0.32 times
Disclaimer: **Risk-free rate assumed to be 5.52% (MIBOR as on 30-06-2025) - Source: www.fimmda.org. Computed for the 3-yr period ended June 30, 2025. Based on month-end NAV.
Updated as on:
This product is suitable for investors who are seeking*
  • Capital appreciation over long term.
  • Investment in a diversified portfolio predominantly consisting of equity and equity related instruments of small cap companies
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Riskometer
Axis Small Cap Fund
The risk of the scheme is High
Riskometer
NIFTY Smallcap 250 TRI
The risk of the benchmark is Very High
Minimum Investment Amount
  • Lumpsum Investment :
     ₹ 100
  • Additional Investment :
     ₹ 100
  • Systematic Investment :
     ₹ 10

Goal Planning

Big or small, everyone has goals that they want to accomplish. There are some goals you’re able to fulfil and others that you’re not. With proper planning a lot of this can be managed. Savings, on their own are not enough. And most people who invest, do so in an ad-hoc manner. When the markets look promising, they follow the trend and invest like others do. When the volatility sets in, they worry over their investments and take uninformed decisions.
goal feature

Access all the goal features and benefits at No Cost.

View All Goals
arrow-right

Choose your goal

Let your money work for your goals.
planning-box
planning-box
planning-box
planning-box
planning-box
planning-box
planning-default

Asset Cap Mix

Equity (91.43%)
Debt/Cash (8.57%)

Market Cap Mix

Large Cap (6.44%)
Mid Cap (15.68%)
Small Cap (69.39%)

Top 5 sectors

Issuers
% Of Net Assets
Financial Services
21.13
Capital Goods
12.49
Healthcare
11.63
Chemicals
8.25
Fast Moving Consumer Goods
6.01

Issuers

Top 10 Issuers
% Of Net Assets
Cholamandalam Financial Holdings Limited
2.88
Nifty Index
2.82
Krishna Institute Of Medical Sciences Limited
2.75
Brigade Enterprises Limited
2.59
Multi Commodity Exchange of India Limited
2.25
CCL Products (India) Limited
2.24
Narayana Hrudayalaya Limited
2.07
Blue Star Limited
1.95
Kaynes Technology India Limited
1.88
PB Fintech Limited
1.65

IDCW

IDCW (₹ Per Unit)
NAV Per Unit
Record DateOptionIndividuals/HUFOthersCum IDCWEx IDCW
Jan 17, 2025Dividend4.6904.69056.65051.960
Mar 20, 2024Dividend4.0504.05050.18046.130
Mar 13, 2023Dividend3.6503.65039.80036.150
Disclaimer: Pursuant to payment of Distribution (of Income & Capital), the NAV of the above stated IDCW options of the scheme/plan would fall to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future. Face value of units is Rs. 10. IDCW means Income Distribution cum Capital Withdrawal.
IDCW History
Select Plan

Select Timeframe
03-07-2025
from date
03-10-2025
to date
Download

Investment Packs

Axis Small Cap Fund FAQs

Small cap funds are equity funds that invest in companies with a market capitalization of Rs. 500 crores or less. These funds are like large cap funds and mid cap funds both who invest a majority of their investible corpus in large cap and mid cap companies respectively. Axis Small Cap Fund is an open-ended equity scheme predominantly investing in small cap stocks. The investment objective of this equity 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 offers these benefits for retail investors:

  • This small cap fund offers a bottom up approach to investing in small caps aimed at identifying long term businesses
  • Axis Small Cap Fund aims to generate alpha with a diversified portfolio of stocks
  • This equity mutual fund scheme builds a portfolio keeping in mind risk and reward by containing mistakes and navigating volatile stock movements
  • Axis Small Cap Fund might be ideal for small cap investors who can patiently invest and those willing to absorb short term volatility
  • This scheme can also be considered by investors with an investment horizon of 5 years or more

Axis Small Cap Fund works pretty much like any other equity mutual fund scheme. This small cap fund invests a majority of its investible corpus in equity and equity related instruments of companies with small market capitalization. The scheme may invest the remaining corpus in other money market instruments in accordance with the scheme’s investment objective. 
The Asset Management Company running a small cap fund collects money from investors sharing a common investment objective and the fund manager invests this accumulated sum across the small cap sector. In exchange, the investors receive units in accordance with the scheme’s existing Net Asset Value (NAV). The NAV of the scheme may vary based on the mid cap scheme’s overall performance. Axis Small Cap Fund invests in stocks of small cap companies that have growth potential and can offer long term earnings to investors.

Equity mutual funds can be largely categorized based on market cap. Large cap, mid cap, and small cap funds are the different types of equity funds each of whom taps into companies belonging to specific market capitalization. Axis Small Cap Fund is an equity mutual fund that specifically targets credible stocks of companies with small market capitalization. This equity fund is different than a large cap, mid cap, or multi cap fund each of which possesses unique traits.

Download our app

icon icon
icon

8108622211

(MON TO SAT 9:00 am TO 6:30 pm)
icon
Send “Hi” on WhatsApp number

7506771113

Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Past performance may or may not be sustained in future. Please consult your financial advisor before investing.

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

Copyright © 2020. All rights reserved Axis Mutual Fund.

Connect with us :iconiconiconiconiconicon

Privacy | Terms of Use | Disclaimer | Sitemap