With Solid 144% Returns This Mutual Fund Scheme Has More Than Doubled Money

As always, we would like to inform readers, that we are only giving you some information on the Axis Small Cap Fund and this should not be taken as an advise to invest. The fund may or many not perform in the future, but, that is not the intent of the article. The article is purely informational in nature.

Investment in the Axis Small Cap Fund

Investment in the Axis Small Cap Fund has yielded a fantastic returns of 144% in 5-years, according to data available with Groww. In fact, a sum of Rs 20,000 would be worth Rs 48,000 today, more than doubling your money in 5-years. On the SIP front had you invested Rs 5000 per month for the last 5-years, it would be worth Rs 5.19 lakhs today. Axis Small Cap Fund has investments in Narayana Hruduyalaya, Galaxy Surfactants, Fine Organics etc.

The fund has massive assets under management of Rs 11,462 crores, which is fairly large for a small cap fund. The minimum SIP investment under the fund is Rs 100.

It's important for investors to remember that small cap funds can be very volatile and so can returns. It is always a good idea, if you are investing in mutual fund schemes to also diversify into largecap cap, flexi cap and multi asset funds. Apart from this as a means of diversification you also look at gold. Having said that there is little doubt that Axis Small Cap Fund has performed very well over the last 5-years.

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. The author and his family have no holdings in Axis Small Cap Fund.