Axis Small Cap Fund is a Small Cap fund run by Axis Mutual Fund. On 30-09-2026, it managed ₹30,678 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 13.2% a year and its Regular plan returned 12.1% a year. Its benchmark, Nifty Smallcap 250 TRI, returned 12.3% a year over the same 3 years.
NAV (Direct plan)
₹126.97
▼ 1.64% · 30-10-2026
NAV (Regular plan)
₹108.48
▼ 1.64% · 30-10-2026
Expense ratio
0.69%Direct1.68%Regular
0.69%
A year
Riskometer
Very High
Set by the fund house
3 year return
13.2%Direct12.1%Regular
13.2%
A year
Axis Small Cap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹126.97 (down 1.64% that day); Regular Plan Growth ₹108.48 (down 1.64% that day).
This fund (Direct plan)
₹126.97
Axis Small Cap Fund Returns vs Nifty Smallcap 250 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−5.18%
−4.11%
+3.40%
+1.02%
+13.23%
+14.44%
+18.24%
This fund (Regular)
−5.26%
−4.34%
+2.90%
+0.02%
+12.06%
+13.11%
+16.77%
Nifty Smallcap 250 TRI
−5.78%
−5.87%
+0.62%
−3.15%
+12.35%
+13.11%
+13.34%
Small Cap average
−5.86%
−3.28%
+5.03%
+3.00%
+14.03%
+14.51%
+16.19%
Best in Small Cap
−2.98%
+10.76%
+19.23%
+19.98%
+22.07%
+18.46%
+19.94%
Worst in Small Cap
−11.16%
−7.95%
−4.62%
−10.42%
+8.13%
+10.69%
+12.47%
Rank in Small Cap
13/36
20/36
20/36
18/31
13/24
10/21
3/12
Category rows compare the Direct plans of 36 Small Cap funds. Rank 1 is the highest return.
Axis Small Cap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty Smallcap 250 TRI
2026to date
+4.39%
+3.54%
+1.00%
2025
−0.95%
−1.97%
−5.48%
2024
+26.40%
+25.02%
+27.21%
2023
+35.57%
+34.04%
+49.09%
2022
+4.11%
+2.62%
−2.64%
2021
+60.71%
+58.22%
+63.34%
Axis Small Cap Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,449 periods, one for each trading day from 05-12-2016 to 30-10-2026.
−20%0%20%40%60%
Axis Small Cap Fund (Direct)
Nifty Smallcap 250 TRI
Sept 2014 to Sept 2017May 2016 to May 2019Jan 2018 to Jan 2021Oct 2019 to Oct 2022Jun 2021 to Jun 2024Jan 2023 to Jan 2026
Axis Small Cap Fund (Direct)Nifty Smallcap 250 TRI
0%
16%
Below 0%
3%
8%
0-5%
4%
4%
5-10%
20%
4%
10-15%
25%
14%
15-20%
13%
22%
20-25%
36%
32%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
2,939
16.3%
−14.6%
100.7%
11%
8.5%
62%
2 years
2,693
19.2%
−7.4%
66.7%
2%
16.0%
65%
3 years
2,449
19.5%
−0.0%
41.3%
0%
21.1%
58%
5 years
1,955
21.4%
4.8%
35.1%
0%
17.1%
75%
7 years
1,461
21.8%
17.7%
25.1%
0%
17.0%
99%
10 years
723
20.1%
17.8%
26.3%
0%
15.3%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
143
19.0%
−34.8%
93.3%
15%
10.3%
62%
2 years
131
18.1%
−14.4%
61.2%
3%
10.5%
66%
3 years
119
19.3%
−8.1%
46.5%
3%
22.2%
71%
5 years
95
22.9%
0.7%
34.1%
0%
21.1%
63%
7 years
71
23.5%
17.3%
29.9%
0%
22.0%
91%
10 years
35
22.2%
18.3%
25.3%
0%
--
--
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty Smallcap 250 TRI over the same days. Past returns do not promise future returns.
Axis Small Cap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Axis Small Cap Fund (Direct)This fund
Nifty Smallcap 250 TRI
Return (CAGR)
+1.02%
−3.15%
Standard deviation
15.51%
17.96%
Sharpe ratio
-0.27
-0.47
Sortino ratio
-0.37
-0.63
Maximum drawdown
−14.7%
(23-03-2026)
−18.2%
(23-03-2026)
Beta
0.84
1.00
Alpha
+2.83%
0.00%
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Axis Small Cap Fund (Direct)This fund
Nifty Smallcap 250 TRI
Return (CAGR)
+13.23%
+12.35%
Standard deviation
15.00%
19.08%
Sharpe ratio
0.48
0.33
Sortino ratio
0.65
0.44
Maximum drawdown
−19.4%
(03-03-2025)
−26.0%
(03-03-2025)
Beta
0.76
1.00
Alpha
+2.41%
0.00%
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Axis Small Cap Fund (Direct)This fund
Nifty Smallcap 250 TRI
Return (CAGR)
+14.44%
+13.11%
Standard deviation
14.23%
18.50%
Sharpe ratio
0.61
0.40
Sortino ratio
0.81
0.51
Maximum drawdown
−19.4%
(03-03-2025)
−26.6%
(20-06-2022)
Beta
0.73
1.00
Alpha
+3.27%
0.00%
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Axis Small Cap Fund (Direct)This fund
Nifty Smallcap 250 TRI
Return (CAGR)
+18.24%
+13.34%
Standard deviation
14.67%
19.08%
Sharpe ratio
0.88
0.42
Sortino ratio
1.16
0.54
Maximum drawdown
−34.6%
(24-03-2020)
−59.8%
(24-03-2020)
Beta
0.71
1.00
Alpha
+7.23%
0.00%
From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Axis Small Cap Fund (Direct)This fund
Nifty Smallcap 250 TRI
Return (CAGR)
+21.76%
+15.32%
Standard deviation
14.59%
18.84%
Sharpe ratio
1.09
0.52
Sortino ratio
1.46
0.68
Maximum drawdown
−34.6%
(24-03-2020)
−59.8%
(24-03-2020)
From daily NAVs, 05-12-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−60%−50%−40%−30%−20%−10%0%
Axis Small Cap Fund (Direct)
Nifty Smallcap 250 TRI
2014201620182020202220242026
Axis Small Cap Fund (Direct)Nifty Smallcap 250 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Axis Small Cap Fund (Direct)
−34.6%
11-02-2020
24-03-2020
13-11-2020
8 months
−8.3%
Nifty Smallcap 250 TRI
−59.8%
15-01-2018
24-03-2020
03-05-2021
13 months
−9.4%
From the Direct plan's daily NAV since 05-12-2013, adjusted for unit splits, and Nifty Smallcap 250 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Axis Small Cap Fund vs Other Small Cap Funds
The five Small Cap funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Axis Small Cap Fund Expense Ratio and Costs
What each plan charges a year, in force from 06-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Small Cap median
Cost rank (1 = cheapest)
Direct
0.51%
0.03%
0.00%
0.15%
0.69%
0.91%
7/36
Regular
1.35%
0.03%
0.00%
0.30%
1.68%
2.06%
4/36
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Small Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
0.02%
1.02%
1.00%
₹1,00,020
₹1,01,020
3 years
12.06%
13.23%
1.17% a year
₹1,40,719
₹1,45,173
5 years
13.11%
14.44%
1.33% a year
₹1,85,142
₹1,96,286
10 years
16.77%
18.24%
1.47% a year
₹4,71,317
₹5,34,127
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Axis Small Cap Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 05-12-2013 to 30-10-2026: 155 instalments, ₹15,50,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planAxis Small Cap Fund (Direct)
₹15,50,000
₹59,20,716
₹43,70,716
19.1%
Regular planAxis Small Cap Fund (Regular)
₹15,50,000
₹53,11,254
₹37,61,254
17.6%
Category averageCategory average, 36 Small Cap funds
₹15,50,000
₹57,64,708
₹42,14,708
18.7%
₹0₹20.0 L₹40.0 L₹60.0 L₹80.0 L
Direct planAxis Small Cap Fund (Direct)
Regular planAxis Small Cap Fund (Regular)
Category averageCategory average, 36 Small Cap funds
Amount invested
2014201620182020202220242026
Direct planAxis Small Cap Fund (Direct)Regular planAxis Small Cap Fund (Regular)Category averageCategory average, 36 Small Cap fundsAmount invested
From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Small Cap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
90.3%Equity
Asset
Fund
Category
Equity
90.3%
93.6%
Cash and others
9.2%
5.8%
Debt
0.5%
0.6%
Market cap of stocks
Market cap
Fund
Category
Large Cap
6.3%
4.8%
Mid Cap
9.4%
10.9%
Small Cap
74.1%
73.6%
Not on AMFI's list
0.5%
4.2%
Share of the whole fund. Category: the average of the Small Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Axis Small Cap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Chemicals & Petrochemicals8.5%
Industrial Products8.2%
Auto Components7.9%
Banks7.7%
Pharmaceuticals & Biotechnology7.6%
Finance6.0%
Healthcare Services5.6%
Realty3.7%
Consumer Durables3.7%
Industrial Manufacturing3.5%
The ten largest of 32 sectors. The other 22 add up to 28.0%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Chemicals & Petrochemicals
7.9%
8.3%
8.5%
+0.6%
Industrial Products
7.6%
7.8%
8.2%
+0.6%
Auto Components
6.9%
7.6%
7.9%
+1.0%
Banks
7.8%
7.7%
7.7%
−0.1%
Pharmaceuticals & Biotechnology
7.7%
7.3%
7.6%
−0.1%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Axis Small Cap Fund Portfolio Holdings
As on 30-09-2026 · 128 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
Krishna Institute Of Medical Sciences Limited
Healthcare Services
2.46%
0.0%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
2.32%
−0.3%
CCL Products (India) Limited
Agricultural Food & other Products
2.24%
0.0%
City Union Bank Limited
Banks
1.94%
0.0%
Sansera Engineering Limited
Auto Components
1.86%
−3.0%
Sai Life Sciences Limited
Pharmaceuticals & Biotechnology
1.84%
−1.8%
Brigade Enterprises Limited
Realty
1.54%
0.0%
Avalon Technologies Limited
Electrical Equipment
1.51%
0.0%
Welspun Corp Limited
Industrial Products
1.51%
0.0%
Syrma SGS Technology Limited
Industrial Manufacturing
1.45%
0.0%
Navin Fluorine International Limited
Chemicals & Petrochemicals
1.40%
0.0%
Craftsman Automation Limited
Auto Components
1.33%
0.0%
Minda Corporation Limited
Auto Components
1.30%
0.0%
Kirloskar Oil Engines Limited
Industrial Products
1.29%
0.0%
Karur Vysya Bank Limited
Banks
1.28%
0.0%
HDFC Bank Limited
Banks
1.26%
0.0%
Cholamandalam Financial Holdings Limited
Finance
1.25%
0.0%
PNB Housing Finance Limited
Finance
1.24%
0.0%
Gland Pharma Limited
Pharmaceuticals & Biotechnology
1.22%
+35.4%
Blue Star Limited
Consumer Durables
1.20%
0.0%
Multi Commodity Exchange of India Limited
Capital Markets
1.16%
0.0%
Kalpataru Projects International Limited
Construction
1.15%
0.0%
TBO Tek Limited
Leisure Services
1.10%
0.0%
Galaxy Surfactants Limited
Chemicals & Petrochemicals
1.07%
0.0%
The Phoenix Mills Limited
Realty
1.06%
0.0%
Fine Organic Industries Limited
Chemicals & Petrochemicals
1.06%
0.0%
RBL Bank Limited
Banks
1.03%
0.0%
S.J.S. Enterprises Limited
Auto Components
1.01%
0.0%
Vijaya Diagnostic Centre Limited
Healthcare Services
0.97%
0.0%
Narayana Hrudayalaya Limited
Healthcare Services
0.97%
0.0%
Vesuvius India Limited
Industrial Products
0.95%
0.0%
Aditya Infotech Limited
Industrial Manufacturing
0.94%
+21.0%
Cyient Limited
IT - Services
0.90%
0.0%
Ujjivan Small Finance Bank Limited
Banks
0.85%
0.0%
Doms Industries Limited
Household Products
0.81%
0.0%
Sudeep Pharma Limited
Chemicals & Petrochemicals
0.79%
0.0%
Radico Khaitan Limited
Beverages
0.79%
0.0%
Data Patterns (India) Limited
Aerospace & Defense
0.78%
0.0%
Piramal Finance Limited
Finance
0.78%
0.0%
Can Fin Homes Limited
Finance
0.78%
−3.5%
Rategain Travel Technologies Limited
IT - Software
0.77%
0.0%
R R Kabel Limited
Industrial Products
0.77%
0.0%
Sudarshan Chemical Industries Limited
Chemicals & Petrochemicals
0.76%
0.0%
Carborundum Universal Limited
Industrial Products
0.74%
0.0%
Neogen Chemicals Limited
Chemicals & Petrochemicals
0.73%
+12.9%
Sagility Limited
IT - Services
0.72%
0.0%
Healthcare Global Enterprises Limited
Healthcare Services
0.71%
0.0%
CreditAccess Grameen Limited
Finance
0.71%
0.0%
Happy Forgings Limited
Industrial Products
0.69%
0.0%
Union Bank of India
Banks
0.69%
0.0%
JK Lakshmi Cement Limited
Cement & Cement Products
0.69%
0.0%
Kaynes Technology India Limited
Industrial Manufacturing
0.69%
0.0%
Pine Labs Limited
Financial Technology (Fintech)
0.68%
0.0%
Mrs. Bectors Food Specialities Limited
Food Products
0.68%
0.0%
Gujarat Fluorochemicals Limited
Chemicals & Petrochemicals
0.67%
0.0%
Azad Engineering Ltd
Electrical Equipment
0.66%
0.0%
Jubilant Ingrevia Limited
Chemicals & Petrochemicals
0.66%
0.0%
KFin Technologies Limited
Capital Markets
0.66%
0.0%
Coforge Limited
IT - Software
0.64%
0.0%
Affle 3i Limited
IT - Services
0.63%
0.0%
Balrampur Chini Mills Limited
Agricultural Food & other Products
0.63%
0.0%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.63%
0.0%
Timken India Limited
Industrial Products
0.63%
0.0%
Niva Bupa Health Insurance Company Limited
Insurance
0.63%
−0.5%
Reliance Industries Limited
Petroleum Products
0.62%
0.0%
PB Fintech Limited
Financial Technology (Fintech)
0.62%
0.0%
Equitas Small Finance Bank Limited
Banks
0.60%
0.0%
PG Electroplast Limited
Consumer Durables
0.60%
0.0%
Inventurus Knowledge Solutions Limited
IT - Services
0.59%
0.0%
Apar Industries Limited
Electrical Equipment
0.58%
0.0%
Grindwell Norton Limited
Industrial Products
0.58%
0.0%
Computer Age Management Services Limited
Capital Markets
0.58%
0.0%
Laurus Labs Limited
Pharmaceuticals & Biotechnology
0.58%
−22.2%
Ahluwalia Contracts (India) Limited
Construction
0.57%
0.0%
Emcure Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.55%
+7.1%
RHI Magnesita India Limited
Industrial Products
0.55%
0.0%
Amber Enterprises India Limited
Consumer Durables
0.54%
0.0%
Rolex Rings Limited
Auto Components
0.54%
0.0%
Anant Raj Limited
Realty
0.52%
0.0%
Chalet Hotels Limited
Leisure Services
0.51%
0.0%
Mahindra Lifespace Developers Limited
Realty
0.50%
0.0%
India Shelter Finance Corporation Limited
Finance
0.50%
0.0%
364 Days Tbill (MD 12/11/2026) · Treasury bill
Sovereign
0.49%
Devyani International Limited
Leisure Services
0.48%
0.0%
Time Technoplast Limited
Industrial Products
0.47%
0.0%
Aditya Vision Ltd
Retailing
0.47%
0.0%
Coal India Limited
Consumable Fuels
0.46%
0.0%
Tech Mahindra Limited
IT - Software
0.46%
0.0%
Gokaldas Exports Limited
Textiles & Apparels
0.46%
0.0%
Rainbow Childrens Medicare Limited
Healthcare Services
0.46%
0.0%
Onesource Specialty Pharma Limited
Pharmaceuticals & Biotechnology
0.45%
0.0%
CIE Automotive India Limited
Auto Components
0.44%
0.0%
Delhivery Limited
Transport Services
0.43%
0.0%
Central Depository Services (India) Limited
Capital Markets
0.43%
0.0%
Deepak Fertilizers and Petrochemicals Corporation Limited
Chemicals & Petrochemicals
0.42%
0.0%
Tenneco Clean Air India Limited
Auto Components
0.40%
0.0%
Alembic Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.39%
0.0%
Arvind Fashions Limited
Retailing
0.37%
0.0%
Orient Electric Limited
Consumer Durables
0.35%
0.0%
Chemplast Sanmar Limited
Chemicals & Petrochemicals
0.35%
0.0%
Tata Consumer Products Limited
Agricultural Food & other Products
0.34%
0.0%
Aptus Value Housing Finance India Limited
Finance
0.33%
−22.2%
Dhoot Transmission Ltd
Auto Components
0.31%
0.0%
Aarti Industries Limited
Chemicals & Petrochemicals
0.31%
0.0%
Birlasoft Limited
IT - Software
0.30%
0.0%
Alicon Castalloy Limited
Auto Components
0.29%
0.0%
Aadhar Housing Finance Limited
Finance
0.28%
+1.3%
Ellenbarrie Industrial Gases Limited
Chemicals & Petrochemicals
0.27%
0.0%
Strides Pharma Science Limited
Pharmaceuticals & Biotechnology
0.27%
0.0%
CESC Limited
Power
0.26%
0.0%
Titagarh Rail Systems Limited
Industrial Manufacturing
0.25%
0.0%
Suprajit Engineering Limited
Auto Components
0.22%
0.0%
Havells India Limited
Consumer Durables
0.21%
0.0%
Engineers India Limited
Construction
0.21%
0.0%
Ather Energy Limited
Automobiles
0.20%
0.0%
HeidelbergCement India Limited
Cement & Cement Products
0.19%
−9.4%
Travel Food Services Limited
Leisure Services
0.18%
0.0%
Bharat Dynamics Limited
Aerospace & Defense
0.18%
−42.7%
Firstsource Solutions Limited
Commercial Services & Supplies
0.18%
0.0%
Midwest Limited
Consumer Durables
0.17%
+0.5%
PNC Infratech Limited
Construction
0.17%
0.0%
PDS Limited
Textiles & Apparels
0.16%
0.0%
Power Grid Corporation of India Limited
Power
0.16%
0.0%
Indo-MIM Limited
Industrial Manufacturing
0.15%
0.0%
SBFC Finance Limited
Finance
0.13%
−27.9%
Sedemac Mechatronics Limited
Auto Components
0.12%
New
SPR Auto Technologies Ltd
Auto Components
0.11%
0.0%
Aditya Birla Real Estate Limited
Realty
0.09%
0.0%
Axis Small Cap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Torrent Pharmaceuticals Limited
↓Reduced
−0.3%
2.32%
Sansera Engineering Limited
↓Reduced
−3.0%
1.86%
Sai Life Sciences Limited
↓Reduced
−1.8%
1.84%
Gland Pharma Limited
↑Added
+35.4%
1.22%
Aditya Infotech Limited
↑Added
+21.0%
0.94%
Can Fin Homes Limited
↓Reduced
−3.5%
0.78%
Neogen Chemicals Limited
↑Added
+12.9%
0.73%
Laurus Labs Limited
↓Reduced
−22.2%
0.58%
Niva Bupa Health Insurance Company Limited
↓Reduced
−0.5%
0.63%
Emcure Pharmaceuticals Limited
↑Added
+7.1%
0.55%
Aptus Value Housing Finance India Limited
↓Reduced
−22.2%
0.33%
Bharat Dynamics Limited
↓Reduced
−42.7%
0.18%
Jyoti CNC Automation Ltd
↓Sold out
−100%
was 0.34%
Aadhar Housing Finance Limited
↑Added
+1.3%
0.28%
HeidelbergCement India Limited
↓Reduced
−9.4%
0.19%
Midwest Limited
↑Added
+0.5%
0.17%
SBFC Finance Limited
↓Reduced
−27.9%
0.13%
Sedemac Mechatronics Limited
↑New
New
0.12%
Jain Resource Recycling Limited
↓Sold out
−100%
was 0.04%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Axis Small Cap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.69%
Expense ratio (Regular)
1.68%
Category
Small Cap
Risk
Very High
Benchmark
Nifty Smallcap 250 TRI
Launch date
29-11-2013
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹30,677.53 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
125354
ISIN (Direct)
INF846K01K35
Scheme code (Regular)
125350
ISIN (Regular)
INF846K01K01
NAV history
From 05-12-2013, 12.9 years
Exit load
Exit load of 1% for investments beyond 10% if redeemed within 12 months
Tax on Axis Small Cap Fund returns
Axis Small Cap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹126.97
30-10-2026
direct
IDCW
₹51.22
30-10-2026
regular
Growth
₹108.48
30-10-2026
regular
IDCW
₹43.20
30-10-2026
About Axis Small Cap Fund
Axis Small Cap Fund is a mutual fund from Axis Mutual Fund. Its category is Small Cap. It was launched on 29-11-2013. Its benchmark is Nifty Smallcap 250 TRI. At the end of September 2026 it held 128 securities.
Fund Manager
Tejas Sheth
Fund manager of Axis Small Cap Fund, since 13-05-2024
Mayank Hyanki
Fund manager of Axis Small Cap Fund, since 03-08-2023
Krishnaa N
Fund manager of Axis Small Cap Fund, since 01-03-2024
Frequently Asked Questions for Axis Small Cap Fund
What is the current NAV of Axis Small Cap Fund?
The Direct plan NAV is ₹126.97. The Regular plan NAV is ₹108.48, as on 30-10-2026.
What are the returns of Axis Small Cap Fund?
The Direct plan returned +1.02% in 1 year, +13.23% a year over 3 years, +14.44% a year over 5 years. The Regular plan returned +0.02% in 1 year, +12.06% a year over 3 years, +13.11% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Axis Small Cap Fund?
The Direct plan charges 0.69% a year. The Regular plan charges 1.68% a year. This is the figure the fund house reported to AMFI, in force from 06-10-2026.
What is the AUM of Axis Small Cap Fund?
Axis Small Cap Fund managed ₹30,677.53 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Axis Small Cap Fund?
At the end of September 2026 the largest holdings were KIMS (2.46%), TORNTPHARM (2.32%), CCL (2.24%), CUB (1.94%), SANSERA (1.86%). The fund held 128 securities in all.
What did Axis Small Cap Fund buy and sell in September 2026?
It bought 1 new stock: Sedemac Mechatronics Limited. It sold out of 2: Jain Resource Recycling Limited, Jyoti CNC Automation Ltd. It added shares in 6. It reduced 10.
How do I invest in Axis Small Cap Fund?
Through Axis Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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