Key metrics
Further reading: Why large-cap funds show deeper drawdowns than small caps
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -3.73% | -7.39% | -3.14% | 5.81% | 4.92% | 15.16% | – | – | – |
NAV history
About this fund
Axis Nifty Smallcap 50 Index Fund is a passive index fund/ETF offered by Axis Mutual Fund, classified under Equity as Index Funds - Equity Funds. It aims to mirror an index rather than beat it, usually at a lower cost than active funds. Its latest NAV is ₹19.54, with assets under management of about ₹621 Cr (April - June 2026).
Further reading: How much does the category decide, and how much the fund?
Performance analysis
Over the trailing one year, Axis Nifty Smallcap 50 Index Fund has recorded a return of about 4.9%, with a three-year return of 15.2%. Its annualised volatility is 19.5% — relatively large fluctuations — and its Sharpe ratio is -0.08, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.23%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 24.76 | 13.63 | -17.32 | 80.07 | 81% | 53% |
| 3Y | 23.90 | 24.37 | 13.10 | 33.77 | 100% | 100% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Axis Nifty Midcap 50 Index Fund Index Funds - Equity Funds | -8.20 | -8.15 | -3.60 | -2.11 | 13.25 | – | – | 0.20 |
| UTI Nifty Midcap 150 Quality 50 Index Fund Index Funds - Equity Funds | -5.65 | -7.16 | -5.21 | -8.54 | 6.29 | – | – | 0.47 |
| HSBC NIFTY 50 Index Fund Index Funds - Equity Funds | -2.72 | -5.26 | -6.26 | -11.37 | 6.08 | – | – | 0.15 |
| HSBC NIFTY NEXT 50 Index Fund Index Funds - Equity Funds | -6.15 | -6.64 | -5.52 | -2.72 | 15.02 | – | – | 0.28 |
| 360 ONE ELSS Tax Saver Nifty 50 Index Fund Index Funds - Equity Funds | -2.77 | -5.30 | -6.34 | -11.43 | 6.04 | – | – | 0.31 |
| UTI Nifty 500 Value 50 Index Fund Index Funds - Equity Funds | -5.98 | -7.98 | -11.58 | 1.05 | 18.68 | – | – | 0.50 |
| UTI Nifty50 Equal Weight Index Fund Index Funds - Equity Funds | -4.35 | -6.63 | -5.68 | -6.84 | 9.46 | – | – | 0.31 |
| UTI BSE Housing Index Fund Index Funds - Equity Funds | -5.28 | -11.36 | -8.05 | -15.30 | 4.72 | – | – | 0.49 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Axis Midcap Fund Equity Scheme - Mid Cap Fund | -6.96 | -5.48 | -1.27 | -0.34 | 14.42 | 11.39 | 16.62 | 0.54 |
| Axis Short Term Fund Debt Scheme - Short Duration Fund | -0.28 | 0.46 | 2.32 | 4.81 | 7.61 | 6.69 | 7.37 | – |
| Axis Ultra Short to Short Term Fund Income/Debt Oriented Schemes - Ultra Short to Short Term Fund | 0.14 | 1.23 | 2.83 | 5.96 | 7.34 | 6.67 | 6.99 | – |
| Axis Multi Asset Allocation Fund Hybrid Scheme - Multi Asset Allocation Fund | -4.36 | -3.10 | -1.99 | 0.58 | 12.52 | 7.89 | 11.23 | 0.70 |
| Axis Small Cap Fund Equity Scheme - Small Cap Fund | -7.14 | -3.36 | 3.77 | 3.05 | 12.76 | 14.43 | 18.24 | 0.54 |
| Axis Credit Risk Fund Debt Scheme - Credit Risk Fund | -0.22 | 0.93 | 3.48 | 7.15 | 8.60 | 7.55 | 7.58 | 0.68 |
| Axis Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.53 | 1.48 | 3.06 | 6.63 | 7.29 | 6.84 | 6.45 | 0.27 |
| Axis Equity Savings Fund Hybrid Scheme - Equity Savings Fund | -1.62 | -1.06 | 1.67 | 1.71 | 8.75 | 7.26 | 9.26 | 0.93 |