MonitorDirect · Growth
Axis Small Cap Fund
- NAV
- 134.20
- 15 Sept 2026
- 1Y
- +11.4%
- Trailing CAGR
- AUM
- ₹30,088.59 Cr
- 31 Aug 2026
- Volatility
- Medium
- 14.7% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+11.4%
- 3Y+15.2%
- 5Y+16.5%
- 10Y+19.6%
- SI+22.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+22.3%
- 3Y+13.5%
- 5Y+16.8%
- 10Y+20.9%
- Since inception
- +22.8%
- Calendar-day CAGR
- Excess 1Y
- -1.3%
- Category median, same plan and option
- 3Y win rate
- +71%
- Windows beating the median
- 3Y percentile
- 60
- Vs comparable share classes
- Worst rolling 3Y
- -0.0%
- 2419 daily-ending windows
- Median rolling 3Y
- +19.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1925 daily-ending windows
- SIP 3Y XIRR
- +13.5%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 12 days
- 166 recovered episodes
- Longest recovery
- 234 days
- Trough to prior peak
- Current spell
- 3 days
- Days below latest peak
- Time below peak
- +83%
- NAV observations
11 Feb 2020 – 13 Nov 2020
Trough 24 Mar 2020 · recovered in 234 days
-34.6%
23 Sept 2024 – 17 Jul 2025
Trough 3 Mar 2025 · recovered in 136 days
-19.4%
8 Jan 2018 – 31 May 2019
Trough 23 Oct 2018 · recovered in 220 days
-17.0%
17 Jan 2022 – 7 Sept 2022
Trough 20 Jun 2022 · recovered in 79 days
-15.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
60
Vs category
42
Consistency
65
Risk-adjusted
82
Drawdown
13
Mean
52
Portfolio
31 Aug 2026 · 131 holdings · top 10 are 24.4%.
- Top 5
- 16.9%
- Top 10
- 24.4%
- Largest holding
- 7.4%
- Effective holdings
- 67.2
Others CBLO
Unspecified
7.4%
Krishna Institute Of Medical Sciences Ltd
Healthcare
2.4%
Torrent Pharmaceuticals Ltd
Healthcare
2.4%
CCL Products (India) Ltd
Consumer Staples
2.3%
City Union Bank Ltd
Financial
1.9%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 11 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 71% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Mahindra Manulife Small Cap Fund
Mahindra Manulife Mutual Fund
- 1Y
- +15.3%
- 3Y
- +19.7%
- Vol
- 17.0%
- Max DD
- -26.0%
- Sharpe
- 1.15
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
Mirae Asset Small Cap Fund
Mirae Asset Mutual Fund
- 1Y
- +8.7%
- 3Y
- n/a
- Vol
- 15.5%
- Max DD
- -15.1%
- Sharpe
- 0.71
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Lower trailing returns
HSBC Small Cap Fund
HSBC Mutual Fund
- 1Y
- +10.0%
- 3Y
- +13.7%
- Vol
- 17.2%
- Max DD
- -27.2%
- Sharpe
- 0.82
- 3Y win
- n/a
- Shallower drawdown
Caveat: Higher volatility · Lower trailing returns
Invesco India Small Cap Fund
Invesco Mutual Fund
- 1Y
- +17.3%
- 3Y
- +22.4%
- Vol
- 18.1%
- Max DD
- -37.7%
- Sharpe
- 1.01
- 3Y win
- +58%
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
JM Small Cap Fund
JM Financial Mutual Fund
- 1Y
- +14.6%
- 3Y
- n/a
- Vol
- 20.6%
- Max DD
- -24.4%
- Sharpe
- 0.22
- 3Y win
- n/a
- Shallower drawdown
Caveat: Higher volatility · Lower trailing returns