4 Best Performing Axis Mutual Fund Schemes Over Last 3-years

Axis Small Cap Fund Direct, Growth

By far this is the best performing scheme from the Axis Mutual Fund stable, having given a return of 23.98% over the last 3-years on an annualized basis. As investors would already know that stock markets are volatile and returns from small cap funds too tend to be volatile. Axis Small Cap Fund has exposure to stocks like Narayana Hrudayalaya, Fine Organics, JK Lakshmi Cement and Galaxy Surfactants and CCC. Significant amount of exposure is to small cap stocks.

Axis Midcap Direct Plan, Growth

Axis Midcap Direct Plan, Growth is another from Axis Mutual fund that has performed well over the last 3-years. The fund has given 17.25% annualized returns over the last 3-years. Again, like small cap funds, the returns from midcap funds too can be volatile. Therefore, if you are unwilling to take the risk, it is best to avoid these funds and to stick to largecap funds, which can be less volatile comparatively. The 5-year annualized returns is 14.89% from Axis Midcap Direct Plan, Growth.

Axis Growth Opportunities Fund, Direct Growth

This fund has given 3-years annualized returns of 17.18%. The net asset value as on Jan 27, 2023 was Rs 20.12. The fund tends to invest in both large and small cap stocks. Axis Growth Opportunities Fund, Direct Growth has exposure to largecap stocks like Bajaj Finance, Avenues Supermarkets etc. It also has exposure to midcaps like PI Industries, Cholmandalam etc. The largest chunk of the portfolio comprises investments in midcap stocks. The one year annualized returns are negative 5%, which means a loss over the last 1-year.
Axis Nifty 100 Index Fund Direct Growth

Axis Nifty 100 Index Fund Direct Growth has given a returns of 13.74% on an annualized basis over the last 3-years. This is not exceptional but, just about okay. The fund has investments in stocks like Reliance Industries, HDFC Bank, ICICI Bank and Infosys. Just a small amount of the holdings is in cash, while the rest is fully invested. All of the above are only information and is not a recommendation to invest.

Disclaimer

Mutual fund investments are subject to market risk. The above-mentioned information is purely informational and doesn't guarantee any return. Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

About the author

Sunil Fernandes has an experience of 28-years, which includes stock (equity) research and business reporting. Sunil has worked with frontline news papers like Hindustan Times, Deccan Herald & Gulf Times covering business and finance. He has also worked with equity research firms as well investment magazines like Dalal Street Investment Journal. He is presently the Managing Editor of Goodreturns.in. He extensively writes on stocks and mutual funds.