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Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option

Axis Mutual Fund · Index & ETF · mandate: passive replication of the stated index · tracks: Nifty Smallcap 50
AUM (all plans)
621 cr
TER direct / regular
0.32% / 1.11%
Tracks (from name)
Nifty Smallcap 50
CAGR (full)
17.9%
Sharpe (full)
0.60
Sharpe (bull ≤Sep-24)
2.96
Sharpe (sideways Oct-24→)
0.03
Max drawdown
-22.7%
Months of data
53
Percentile ranks this fund within its peer pool; the leaderboard Score is the weighted average of its fiscal-year percentiles (equity: active-return-rank blended with IR-rank).

Equity curve

2022202320242025202681144207Fund (NAV=100)Risk-free 6%/yrCategory median (Index Funds)

Drawdown

20222023202420252026-23-110Drawdown %

Fiscal-year record

FYReturnvs categorySharpemonths
FY220
FY23-14.2%-16.6%-1.0412
FY2470.4%45.3%3.0212
FY259.4%-0.2%0.2412
FY26-3.1%1.0%-0.3912
FY27*33.6%22.2%2.995
Active/Fund returns are TOTALS over the months covered — never annualized (FY27* is year-to-date; a * row covers only part of the year). %ile is the fund's percentile within its peer pool for that year.

Monthly returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2022-1.6-10.8-8.1+9.4+4.6-3.3+1.0+3.5-2.7-9.1
2023-1.0-3.8-0.9+8.2+4.3+5.8+8.0+6.2+4.7-1.1+12.0+8.8+63.2
2024+4.2-1.0-4.4+11.8-1.7+10.9+4.4+2.6+0.1-2.4+0.1-0.6+25.2
2025-9.9-11.8+8.3+2.8+7.8+7.3-5.5-4.6+1.6+5.3-1.6-1.1-3.8
2026-4.8+1.4-10.2+17.7+1.9+4.3+3.5+3.2+15.9

Quarterly average AUM & estimated net flows

2022202320242025202625323621AUM (quarter avg), ₹cr
-45100
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by construction). Monthly returns are month-end NAV chains; stale prints (>7 days before month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic monthly convention. Independence: all figures are computed from mandatory public disclosures with a fixed methodology applied identically to every fund — no fund can pay for inclusion, exclusion, placement, or altered presentation, and any material commercial relationship will be disclosed on the affected pages. Nothing here is investment advice; past performance does not predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard · PMS leaderboard
Feedback, inputs, or bug reports are appreciated — @vivekrmr on X · LinkedIn.