Axis Small Cap Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 112.88   -0.75(-0.66 %) NAV as on 19 Jun 2024
Prime Rating: 3.5 
Prime Recommendation: Upgrade to see

Fund type:
Equity
AUM (in crores):
₹ 20,504.37
Fund category:
Small cap Fund
Fund manager(s):
Tejas Sheth, Mayank Hyanki, Krishnaa N
Benchmark:
Nifty Smallcap 250 - TRI
Minimum investment:
₹ 100
Launch date:
29 Nov 2013
Min. additional investment:
₹ 100
Expense ratio:
0.55 %
Exit load:
Nil for 10% of investments and 1% for remaining investments on or before 12M, Nil after 12M

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


Performance (As on 19 Jun 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme17.17 % 39.19 % 27.18 %29.63 % 25.80 %
Nifty Smallcap 10021.43 % 68.40 % 23.73 %24.47 % N/A

Portfolio

Top 10 stock holdings
Allocation (%)
Brigade Enterprises Limited
4.49%
Blue Star Limited
3.89%
Cholamandalam Financial Holdings Limited
2.82%
Narayana Hrudayalaya Limited
2.75%
Birlasoft Limited
2.56%
Ahluwalia Contracts (India) Limited
2.25%
JB Chemicals & Pharmaceuticals Limited
2.09%
CCL Products (India) Limited
2%
Krishna Institute Of Medical Sciences Limited
1.92%
Can Fin Homes Limited
1.86%

About this category

Small-cap funds invest in stocks beyond the 251st in terms of market capitalisation. These funds have very high risk-return potential, as small companies soar and deliver multi-fold returns during rising markets. However, these stocks fall sharply and are the last to recover from steep market falls. The Nifty Smallcap 100 or the BSE Smallcap can be used as benchmarks to measure performance.

Suitability

Smallcap funds suit investors with high risk appetites. The minimum period for which these funds need to be held is 5 years.

Taxation

Short-term: Holding period is less than 12 months.

Taxation: Capital gains are taxed at 15%


Long-term: Holding period is 12 months or more.

Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.

How are mutual funds taxed?

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