Axis Small Cap Fund vs Quant Small Cap Fund
Axis Small Cap Fund and Quant Small Cap Fund are both Small Cap funds. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR +13.72% vs +17.03%, 5-year CAGR +14.66% vs +17.20%, volatility 17.01% vs 19.85%, maximum drawdown −34.64% vs −51.60%. Their portfolios overlap by 2.5% (7 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Axis Small Cap | Quant Small Cap | |
|---|---|---|
| Fund house | Axis Mutual Fund | quant Mutual Fund |
| Compared as | Small Cap | Small Cap |
| NAV | ₹131.1100 | ₹308.5319 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 5 Dec 2013 | 7 Jan 2013 |
| Track record | 12.9 yrs | 13.8 yrs |
| Fund size (AUM) | ₹30,678 Cr | ₹35,572 Cr |
| Securities held | 128 | 115 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Axis Small Cap | Quant Small Cap | |
|---|---|---|
| 1 month | −1.10% | −1.86% |
| 3 months | −3.09% | −2.29% |
| 6 months | +3.94% | +6.72% |
| 1 year | +4.14% | +8.79% |
| 3 years (CAGR) | +13.72% | +17.03% |
| 5 years (CAGR) | +14.66% | +17.20% |
| 7 years (CAGR) | +21.27% | +33.05% |
| 10 years (CAGR) | +18.77% | +20.36% |
| Since launch (CAGR) | +22.04% | +17.27% |
| SIP return (XIRR, 5 years) ⓘ | +13.88% | +16.68% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Axis Small Cap | Quant Small Cap | |
|---|---|---|
| 2026 (year to date) | +7.79% | +11.48% |
| 2025 | −0.95% | −1.36% |
| 2024 | +26.40% | +23.50% |
| 2023 | +35.57% | +48.05% |
| 2022 | +4.11% | +11.20% |
| 2021 | +60.71% | +91.73% |
Risk
| Axis Small Cap | Quant Small Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 17.01% | 19.85% |
| Downside volatility ⓘ | 11.29% | 12.00% |
| Sharpe ratio ⓘ | 0.43 | 0.53 |
| Sortino ratio ⓘ | 0.64 | 0.88 |
| Maximum drawdown ⓘ | −34.64% | −51.60% |
| Recovery from that fall | 8 months | 5 months |
| Current fall from peak | −5.33% | −4.92% |
| Rolling 1-year return: worst | −14.79% | −43.55% |
| Rolling 1-year return: median | +16.31% | +8.94% |
| Rolling 1-year return: best | +100.71% | +222.83% |
| Share of 1-year periods with a loss | 10.73% | 18.66% |
Against each fund's benchmark
| Axis Small Cap | Quant Small Cap | |
|---|---|---|
| Beta ⓘ | 0.77 | 0.89 |
| Alpha (Jensen's, annualised) ⓘ | +0.46% | +2.41% |
| R² ⓘ | 93.10 | 89.47 |
| Upside capture | 83.85% | 94.99% |
| Downside capture | 79.83% | 84.85% |
| Tracking error | 6.86% | 7.11% |
| Information ratio | -0.14 | 0.27 |
| Treynor ratio | 8.81 | 10.81 |
Portfolio
Asset mix
| Axis Small Cap | Quant Small Cap | |
|---|---|---|
| Equity | 90.32% | 82.38% |
| Cash & equivalents | 2.13% | 11.23% |
| Debt | 0.49% | 1.13% |
| Derivatives | 0.00% | -0.64% |
Market-cap split (share of fund assets)
| Axis Small Cap | Quant Small Cap | |
|---|---|---|
| Large Cap | 6.31% | 11.87% |
| Mid Cap | 9.44% | 8.71% |
| Small Cap | 74.11% | 61.83% |
| Unclassified | 0.46% | 0.02% |
Concentration
| Axis Small Cap | Quant Small Cap | |
|---|---|---|
| Top 10 holdings | 18.67% | 41.81% |
| Effective number of stocks ⓘ | 108 | 33.8 |
| Securities held | 128 | 115 |
Portfolio overlap: 2.5%
7 companies are held by both funds; by weight, 2.5% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Axis Small Cap | Quant Small Cap |
|---|---|---|
| Welspun Corp Limited | 1.51% | 2.76% |
| Piramal Finance Limited | 0.78% | 2.49% |
| Strides Pharma Science Ltd | 0.27% | 1.24% |
| Sudarshan Chemical Industries Limited | 0.76% | 0.07% |
| Sudeep Pharma Limited | 0.79% | 0.05% |
| Delhivery Limited | 0.43% | -0.11% |
| RBL Bank Limited | 1.03% | -0.11% |
Top 10 holdings
Axis Small Cap
- Krishna Institute Of Medical Sciences Limited2.46%
- Torrent Pharmaceuticals Limited2.32%
- CCL Products (India) Limited2.24%
- City Union Bank Limited1.94%
- Sansera Engineering Limited1.86%
- Sai Life Sciences Limited1.84%
- Brigade Enterprises Limited1.54%
- Avalon Technologies Limited1.51%
- Welspun Corp Limited1.51%
- Syrma SGS Technology Ltd1.45%
Quant Small Cap
- TREPS 01-Oct-2026 DEPO 1010.48%
- HFCL Limited6.10%
- Adani Enterprises Limited4.36%
- Adani Power Limited3.56%
- Aegis Logistics Limited3.50%
- Sona BLW Precision Forgings Limited3.11%
- Anand Rathi Wealth Limited2.83%
- Welspun Corp Limited2.76%
- Adani Green Energy Limited2.61%
- Sun TV Network Limited2.49%
Sector exposure
| Axis Small Cap | Quant Small Cap | |
|---|---|---|
| N.A. | 0.00% | 13.56% |
| Chemicals & Petrochemicals | 8.49% | 0.12% |
| Industrial Products | 8.18% | 5.68% |
| Auto Components | 7.93% | 5.54% |
| Finance | 6.00% | 7.72% |
| Banks | 7.65% | 1.27% |
| Pharmaceuticals & Biotechnology | 7.62% | 7.07% |
| Power | 0.42% | 6.23% |
| Telecom - Services | 0.00% | 6.22% |
| Healthcare Services | 5.57% | 3.61% |
| Textiles & Apparels | 0.62% | 4.57% |
| Metals & Minerals Trading | 0.00% | 4.36% |
| Realty | 3.71% | 0.91% |
| Consumer Durables | 3.70% | 0.57% |
Questions people ask
What is the difference between Axis Small Cap and Quant Small Cap returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return +4.14% vs +8.79%; 3-year CAGR +13.72% vs +17.03%; 5-year CAGR +14.66% vs +17.20%; 10-year CAGR +18.77% vs +20.36%. Past returns do not indicate future returns.
How do Axis Small Cap and Quant Small Cap compare on risk?
Volatility (36 monthly returns, annualised) 17.01% vs 19.85%; Sharpe ratio 0.43 vs 0.53; Sortino ratio 0.64 vs 0.88; maximum drawdown −34.64% vs −51.60%; beta 0.77 vs 0.89.
How much do Axis Small Cap and Quant Small Cap overlap?
By weight, 2.5% of the two portfolios is invested in the same companies; 7 stocks are held by both, the largest shared positions being Welspun Corp Limited, Piramal Finance Limited, Strides Pharma Science Ltd. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Axis Small Cap and Quant Small Cap?
Axis Small Cap: large cap 6.3%, mid cap 9.4%, small cap 74.1%. Quant Small Cap: large cap 11.9%, mid cap 8.7%, small cap 61.8% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
Axis Small Cap vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 4 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.