| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.23% |
| NAV | ₹37.15 (23 Oct 2020) |
|---|---|
| Fund Started | 29 Nov 2013 |
| Fund Size | ₹2,930 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Galaxy Surfactants Ltd. | FMCG | Equity | 5.8% |
| Fine Organic Industries Ltd. | Chemicals | Equity | 4.3% |
| Can Fin Homes Ltd. | Financial | Equity | 4.1% |
| Tata Elxsi Ltd. | Technology | Equity | 3.7% |
| Brigade Enterprises Ltd. | Construction | Equity | 3.5% |
| City Union Bank Ltd. | Financial | Equity | 3.4% |
| Mas Financial Services Ltd. | Financial | Equity | 3.3% |
| CCL Products (India) Ltd. | FMCG | Equity | 3.2% |
| Coforge Ltd. | Technology | Equity | 3.1% |
| JK Cement Ltd | Construction | Equity | 3.0% |
Axis Small Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 29 Nov 2013. Ashish Naik is the Current Fund Manager of Axis Small Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,930 Cr and the Latest NAV as of 23 Oct 2020 is ₹37.15.
The Axis Small Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% for investments beyond 10% if redeemed within 12 months
The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity & equity related instruments of small cap companies.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.