These are the top-ranked funds within small cap mutual funds.However, Scripbox does not recommend investing in small cap mutual funds.These funds invest in the smallest companies listed on the exchanges.
Early in their growth cycle, these companies have the potential for very high growth but this comes with very high uncertainty as the business is not yet proven.
Price fluctuations are highest in the stocks of these companies translating to high NAV fluctuations for the funds.Smaller companies also tend to have low trade volumes - exposing the fund to the risk of not being able to exit in a down market.While showing periodic spikes in performance,these funds have not done better than diversified equity funds over the long term.Investors are therefore better off investing in diversified funds rather than this category.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Axis Asset Management Company Limited manages assets worth 222,545 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 33 equity,93 debt and 35 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A)
About Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A)
Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) is a small cap equity fund and has delivered an annualised return of 24.7% over a period of 8 years ..The fund is managed by Axis Asset Management Company Limited.The fund managers are Anupam Tiwari, Hitesh Das
Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) Investment Objective
To generate long-term capital appreciation from a diversified portfolio of predominantly equity & equity related instruments of small cap companies. However, there is no assurance that the objective of the scheme will be realized.
Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) NAV,AUM,Risk
The Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) fund was launched on Dec 05, 2013. The NAV (Net Asset Value) of this small cap equity as of 2021-07-28 is ₹ 34.13. The total AUM (Asset Under Management) of the fund as of 2021-07-29 is ₹ 6008.736. The category risk of the Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) fund is Very High Risk.
The fund charges 1.98 % as expense ratio.
Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) Holdings
The fund’s highest allocation is towards equity and has invested 89.6% in this asset class. The top three holdings of the fund are galaxy surfactants ltd,tata elxsi ltd and jk lakshmi cement ltd
Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL NIFTY Smallcap 100 TR INR
Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) Review
Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Axis Small Cap Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) has a score of 4 out of 5.
Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.
