5-star rated mutual fund turns 8 years, SIP of ₹10,000 grown to ₹28 lakh

Axis Small Cap Mutual Fund has received a 5-star rating from Value Research and a 4-star rating from Morningstar. (istockphoto)

Axis Small Cap Fund Performance

In the last 1 year, the fund has generated a CAGR of 8.28%, hence a lump sum amount of ₹10,000 would now have grown to ₹10,828. In the last 3 years, the fund has generated a CAGR of 27.71%, hence a lump sum amount of ₹10,000 would now have grown to ₹20,845. In the last 5 years, the fund has generated a CAGR of 19.78%, hence a lump sum amount of ₹10,000 would now have grown to ₹24,680. Since inception the fund has given a CAGR of 23.18%, hence a lump sum amount of ₹10,000 would now have grown to ₹63,180.

Axis Small Cap Fund SIP Performance

In the last 1 year, the fund has given an annualized SIP return of 9.97%, hence a monthly SIP of ₹10,000 would now have turned your total invested amount of ₹1.20 lakh into ₹1.26 lakh. In the last 3 years, the fund has given an annualized SIP return of 30.85%, hence a monthly SIP of ₹10,000 would now have turned your total invested amount of ₹3.60 lakh into ₹5.59 lakh. In the last 5 years, the fund has given an annualized SIP return of 24.97%, hence a monthly SIP of ₹10,000 would now have turned your total invested amount of ₹6 lakh into ₹11 lakh. Since inception, the fund has given an annualized SIP return of 20.77%, hence a monthly SIP of ₹10,000 would now have turned your total invested amount of ₹10.70 lakh into ₹28 lakh approx.

Axis Small Cap Fund SIP Returns (axismf.com)

Key takeaways of Axis Small Cap Fund

As of September 30, 2022, Axis Small Cap Fund had assets under management (AUM) totalling ₹10,761 Crores, and as of November 11, 2022, the fund's NAV was ₹63.51. The fund has an exit load of 1% and an expense ratio of 0.52%. The fund's top 5 investment sectors are Chemicals, Healthcare, Financial, Information Technology, and Capital Goods. The fund's top 5 holdings are Fine Organic Industries Limited, Galaxy Surfactants Limited, Narayana Hrudayalaya Limited, Brigade Enterprises Limited and Krishna Institute Of Medical Sciences Limited. The fund invests 82.07% of its assets in equities, of which 67.78% are small-cap companies, 2.57% are large-cap stocks, and 11.70% are mid-cap stocks. 17.93% of the fund is allocated to debt and cash securities.

ABOUT THE AUTHOR

Vipul Das

Vipul Das is a Digital Business Content Producer at Livemint. He previously worked for Goodreturns.in (OneIndia News) and has over 5 years of expertise in the finance and business sector. Stocks, mutual funds, personal finance, tax, and banking are among his specialties, and he is a professional in industry research and business reporting. He received his bachelor's degree from Dr. CV Raman University and also have completed Diploma in Journalism and Mass Communication (DJMC).