December 18, 2023
mayank
Axis Nifty Smallcap 50 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 14.8002
NAV IDCW: Rs 14.8001
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in smaller companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Suitable For Which Investors?
The scheme seeks to provide returns before expenses that closely corresponds to the total returns of the NIFTY SMALLCAP 50 subject to tracking errors.
Fund Manager:
1) Karthik Kumar
Education: Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Experience: Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
2) Shreyash Devalkar
Education: Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Experience: Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Axis Mutual Fund |
| Launch Date | 10-Mar-22 |
| Return Since Launch | 24.84% |
| Benchmark | NIFTY Smallcap 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 160 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.25% |
| (As on 30-Nov-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Axis Nifty Smallcap 50 Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Nifty Smallcap 50 Index Dir | 59.14 | 0.99 | 8.40 | 17.97 | 44.38 | 54.42 | — | — | — | — |
| S&P BSE 250 SmallCap TRI | 44.66 | 0.78 | 7.62 | 10.65 | 30.50 | 40.03 | — | — | — | — |
| Equity: Small Cap | 43.24 | 0.54 | 6.69 | 11.55 | 29.03 | 39.64 | — | — | — | — |
| Rank within category* | 2 | 3 | 5 | 2 | 2 | 3 | — | — | — | — |
| Number of funds in category* | 31 | 36 | 36 | 34 | 33 | 31 | 23 | 16 | 12 | 9 |
Peer Comparison of Axis Nifty Smallcap 50 Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Nifty Smallcap 50 Index Dir | Unrated | 54.42 | 54.42 | — | 0.25 | 160 | 24.84 | — | 1Y 9M | — |
| Nippon Ind Small Cap Dir | 4 star | 43.87 | 43.87 | 29.17 | 0.69 | 41,019 | 26.98 | 1.00 (30) | 10Y 11M | 19.00 |
| Axis Small Cap Dir | 5 star | 31.87 | 31.87 | 27.86 | 0.52 | 17,916 | 25.26 | 1.00 (365) | 10Y | 2.00 |
| Kotak Small Cap Dir | 4 star | 31.64 | 31.64 | 27.54 | 0.44 | 13,377 | 21.12 | 1.00 (365) | 10Y 11M | 8.84 |
| ICICI Pru Smallcap Dir | 4 star | 34.38 | 34.38 | 27.82 | 0.73 | 6,608 | 18.67 | 1.00 (365) | 10Y 11M | 54.00 |
Portfolio Analysis
| No. of Stocks | 50 |
| Top 10 Stocks | 40.62% |
| Top 5 Stocks | 24.90% |
| Top 3 Sectors | 55.27% |
| Portfolio P/B Ratio | 2.77 |
| Portfolio P/E Ratio | 25.74 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 19,426 | 14,162 |
| Giant (%) | — | 6.30 |
| Large (%) | 11.51 | 4.60 |
| Mid (%) | 84.30 | 60.81 |
| Small (%) | 4.19 | 32.90 |
| Tiny (%) | — | 0.14 |
How to Invest in Axis Nifty Smallcap 50 Index Fund?
Chanakya’s Mutual Fund Guidance For Axis Nifty Smallcap 50 Index Fund
Do not invest in this, or any other small-cap fund, if you need to redeem your investment in less than seven years.
Apply Online: https://www.axismf.com/mutual-funds
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