About Axis Small Cap Fund
Axis Small Cap Fund is an open-ended equity scheme primarily investing in the stocks of small-cap companies.
The investment objective of the scheme is to provide long term capital appreciation to the investors by making investments in a diversified portfolio of equity & equity-related securities of small-cap companies.
The Benchmark of the scheme is NIFTY Smallcap 100 TRI Index.
|Minimum Application Amount||Rs.5,000 & in multiples of Rs.1 thereafter|
|Minimum Additional Investment||Rs.100 & in multiples of Rs.1 thereafter|
|Type||Minimum Amount||Minimum Installments|
|Monthly||Rs.1,000 & in multiples of Rs.1 thereafter||6|
|Yearly||Rs.12,000 & in multiples of Rs.1 thereafter||3|
Entry Load: Nil
If units are redeemed or switched out within 1 year:
- Upto 10% of units - Nil
- Remaining units - 1%
If units are redeemed or switched out after 1 year - Nil
Axis Smallcap Fund is suitable for investors with a high-risk appetite and looking to invest for a period of 7 years & above.
As the fund predominantly invests in equity securities, Axis Smallcap Fund has the taxability of an equity mutual fund scheme. Following taxation is applicable:
- If the units are sold after 1 year, then the gains on investments are treated as Long Term Capital Gains (LTCG). LTCG of up to Rs 1 lacs in a financial year is tax-free and above that, it is taxed at the rate of 10% without the benefit of indexation.
- If the units are sold within 1 year, then the gains are treated as Short Term Capital Gains (STCG) and are taxed at the rate of 15%.
Axis Smallcap Fund’s Asset Allocation
Under normal conditions, the pattern of asset allocation is as follows:
|Assets||Minimum indicative allocation (% of total assets)||Maximum indicative allocation (% of total assets)||Risk Profile|
|Equity & Equity related securities of small-cap companies||65||100||High|
|Equity & Equity related securities of other companies||0||35||High|
|Debt & Money market instruments||0||35||Low to Moderate|
Who should invest ?
Small-cap funds are those equity mutual funds that invest in equity & equity-related securities of the companies beyond the top 250 companies in terms of market capitalization.
These companies have small market shares, but aim to come out with innovative products which could disrupt the market through their qualitative offerings. These stocks carry the potential to become midcaps and later, large-caps by gaining market share over time.
Investments in Axis Smallcap Fund can be made by investors who want to invest in startups or small businesses having the potential to deliver good returns over longer periods. The small size of the underlying holdings makes investments in these funds relatively risky & more volatile as compared to investments in other equity fund categories.
Investors with a high-risk appetite looking to invest in equity funds for a long investment horizon could consider investments in this fund. The fund can be a good investment for a diversified equity portfolio.
Eligibility - Who can invest ?
The following people are eligible to invest in this scheme:
- Indian Resident Adults (single holder or on a joint basis)
- Hindu Undivided Family
- Partnership entities
- Limited Liability Partnership units
- Minor through parent or a legal guardian
- Sole Proprietor
- Corporates, PSUs & others.
- Banks & Financial Institutions
- Religious & Charitable Trusts
- Defense & paramilitary units
- Foreign Portfolio Investors
- Pension/Provident/Gratuity Funds
- Trustee, AMCs or Sponsors
- Other schemes of Axis or other mutual funds
- Alternative Investment Funds
How to invest in Axis Small Cap Fund ?
You can invest in Axis Small Cap Fund through any AMFI distributor, AMC, banks, or third party platforms. If you need any help with your investments, you can reach out to our ZFunds Experts on Whatsapp - 7217746224.
Frequently Asked Questions about Axis Small Cap Fund Regular Growth
Q. What is the expense ratio for Axis Small Cap Fund Regular Growth ?
A. The expense ratio for Axis Small Cap Fund Regular Growth is 1.91 percent as on 24th September 2022. This is the fee that the mutual fund company (Axis Mutual Fund in this case) charges investors towards the management of the mutual fund scheme. It is a percentage of your investment in the fund.
Q. What are Axis Small Cap Fund Regular Growth scheme’s three and five year returns ?
A. Axis Small Cap Fund Regular Growth scheme has given investors 3-year returns of 27.3 percent and 5-year returns of 19.7 percent.
Q. Is there any lock-in period for Axis Small Cap Fund Regular Growth ?
A. No, there is no lock-in period. You can easily sell your mutual fund units at any time. However, an exit load may apply.
Q. What is the AUM for Axis Small Cap Fund Regular Growth?
A. Total assets under management (AUM) or fund size for Axis Small Cap Fund Regular Growth is INR 10435.9 crores.
Q. Can I start an SIP in Axis Small Cap Fund Regular Growth?
A. Yes, you can easily start an Axis Small Cap Fund Regular Growth SIP with just INR 1000 per month.
Q. What is the minimum amount for lump sum investment in Axis Small Cap Fund?
A. The minimum amount for the initial lump sum investment in Axis Small Cap Fund is INR 5000. However, you can make additional lump sum investments of INR 100 and in multiples of 1 thereafter.
More Axis Mutual Funds:
Axis Bluechip Fund
Axis Multicap Fund Regular Plan
Axis Small Cap Fund Regular Plan
Axis Focused 25 Fund
Axis Long Term Equity Fund
Axis Liquid Fund Growth
Axis Equity Hybrid Fund