Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option
Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From Axis Mutual Fund. It's been running since 15 Mar 2022.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.
Vs 95 other funds in Index Funds - Equity Funds
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Year by year
Calendar-year returns. 3 of last 5 years were positive.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 20% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option against other index funds.
Technical details (for the pros)
Fund info
- Fund house
- Axis Mutual Fund
- Category
- Index Funds - Equity Funds
- Plan
- Direct
- Option
- Growth
- ISIN (Growth)
- INF846K013H3
- ISIN (Div re-invest)
- —
- Fund code
- 149894
- First price on record
- 15 Mar 2022 · 1,111 daily prices
About Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option
Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option is a Index Funds - Equity Funds offered by Axis Mutual Fund under the Direct plan with the Growth option. It has approximately 5 years of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.
The current NAV of Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option is ₹21.3415 (as of 4 Sep 2026). Historically, it has delivered 18.36% over the last year, 19.87% CAGR over 3 years. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 20.4% annualised volatility — a "very high" level of bumpiness; its deepest peak-to-trough fall on record was 27.7%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option?+
The latest NAV of Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option is ₹21.3415 as of 4 Sep 2026, up 0.31% from the previous day. NAV is updated once a business day after the market close.
What are the returns of Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option?+
Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option has delivered 1-year return 18.36%, 3-year CAGR 19.87%, since-inception CAGR 18.60%. Returns are historical and don't predict future performance — markets move in cycles.
What category does Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option belong to?+
Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option is categorised as Index Funds - Equity Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.
How risky is Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option?+
Based on its 3-year annualised volatility of 20.4%, Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option sits in the "very high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option a direct plan?+
Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).
How old is Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option?+
Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option has NAV history available from 15 Mar 2022 — approximately 5 years of track record and 1,111 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.