Axis Multicap Fund Direct-Growth

Q: What are the returns of Axis Multicap Fund?

The Axis Multicap Fund is a 3 yrs 6 m old fund and has delivered average annual returns of 19.33% since inception. Axis Multicap Fund Returns 1-Year 3-Year Since Inception 15.1% 26.66% 19.33%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹18.45+0.87% 1 day change	19.33% p.a.	#NA View Ranked Funds	₹6,979 Crs

Historical NAV & returns

NAV: ₹18.45 as on Jun 05, 2025

This fund Category average

Axis Multicap Fund overview

Expense ratio	0.75% as on May 31, 2025
Exit load	1.0% Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days!
AUM (Fund size)	₹6,979 Crs
Lock-in	No Lockin
Age	3 yrs 6 m since Nov 26, 2021
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	SIP ₹100 & Lump. ₹500
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Axis Multicap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 01, 2025

Period	This fund	Category average
1 Month	7.39%	6.61%
3 Months	12.5%	12.56%
6 Months	-2.69%	-2.89%
1 Year	15.1%	10.17%
2 Years	30.34%	25.55%
3 Years	26.66%	23.67%

View returns in detail

Asset allocationas on Mar 31, 2025

Large Cap 40.832015999999996%

Mid Cap 26.229410999999995%

Small Cap 25.068573%

Other Cap 0.0%

Top holdings

HDFC Bank Ltd.5.85%

ICICI Bank Ltd.4.85%

Reliance Industries Ltd.2.84%

Blue Star Ltd.2.74%

Top sectors

Financial 17.87%

Healthcare 12.720000000000002%

Services 9.71%

Capital Goods 9.61%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 7.95%

Allocation by Instruments

CBLO 7.95244394%

Other Holdings

Bifurcation by Holding is not available for this fund

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Axis Multicap Fund	N.A.	₹6,979 Crs	3 yrs 6 m	0.75%
Nippon India Multi Cap Fund	N.A.	₹40,261 Crs	12 yrs 5 m	0.74%
Mahindra Manulife Multi Cap Fund	N.A.	₹4,883 Crs	8 yrs 1 m	0.41%
ICICI Prudential Multicap Fund	N.A.	₹14,505 Crs	12 yrs 5 m	0.93%
Baroda BNP Paribas Multi Cap Fund	N.A.	₹2,705 Crs	12 yrs 5 m	0.95%
ITI Multi Cap Fund	N.A.	₹1,165 Crs	6 yrs 1 m	0.46%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Multicap Fund	7.39%	-2.69%	15.1%	26.66%	N.A.	N.A.
Nippon India Multi Cap Fund	8.48%	-0.47%	10.46%	28.53%	33.19%	16.11%
Mahindra Manulife Multi Cap Fund	6.27%	-1.79%	10.7%	23.34%	29.48%	14.87%
ICICI Prudential Multicap Fund	4.76%	-0.75%	11.01%	24.88%	27.09%	16.13%
Baroda BNP Paribas Multi Cap Fund	5.78%	-6.44%	8.84%	23.04%	27.85%	15.11%
ITI Multi Cap Fund	9.04%	-3.07%	6.51%	25.07%	22.6%	10.18%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Multicap Fund	14.87	0.91	1.2	1.6
Nippon India Multi Cap Fund	14.43	0.88	1.37	1.99
Mahindra Manulife Multi Cap Fund	15.65	0.96	1.01	1.39
ICICI Prudential Multicap Fund	13.42	0.83	1.24	2.06
Baroda BNP Paribas Multi Cap Fund	14.51	0.89	1.04	1.29
ITI Multi Cap Fund	15.62	0.97	1.09	1.42

View all Multi Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	4.62 vs. 3.55 Higher outperformance against benchmark
Sharpe	1.2 vs. 3.62 Poor risk-adjusted returns
Beta	0.91 vs. 0.53 More sensitive to market's ups & downs
Standard deviation	14.87 vs. 6.71 More volatile performance

Compare Axis Multicap Fund in detail with

About this fund

About Axis Multicap Fund

Axis Multicap Fund Direct-Growth is a Multi Cap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 3 yrs 6 m, having been launched on 26/11/2021. Axis Multicap Fund Direct-Growth has ₹6,979 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Multicap Fund Direct-Growth as of 05/06/2025 is ₹18.45. The fund has an expense ratio of 0.75%, which is higher than what most other Multi Cap funds charge.

Axis Multicap Fund Direct-Growth returns of last 1-year are 17.59%. Since launch, it has delivered 19.31% average annual returns. The fund has doubled the money invested in it every 3 yrs.
Axis Multicap Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Healthcare, Services, Capital Goods, Automobile sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Blue Star Ltd., Persistent Systems Ltd..

...

Fund AUM	₹6,979 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Shreyash Devalkar

Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.

Hitesh Das

Mr. Das is a PGDM, M.Tech, B.Tech Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.

Nitin Arora

Mr. Arora has done M.Sc in Finance and Investments Prior to joining Axis Mutual Fund, he has worked with Aviva Life Insurance Company India Ltd., Emkay Global Financial Services Ltd., Nirmal Bang Institutional Equities Ltd. and Bloomberg UTV Ltd..

Investment objective

The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization.

Axis Mutual Fund details

No. of schemes	67 view all schemes
Total AUM	₹3,22,861 Crs as on Mar 31, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Axis Small Cap Fund	N.A.	₹22,736 Crs	14.05%	32.37%
Axis Midcap Fund	N.A.	₹28,063 Crs	10.96%	26.26%
Axis Large & Mid Cap Fund	N.A.	₹13,321 Crs	9.53%	25.46%
Axis Nifty 100 Index Fund	N.A.	₹1,715 Crs	7.42%	20.57%
Axis Flexi Cap Fund	N.A.	₹12,040 Crs	11.82%	19.78%
Axis ELSS Tax Saver Fund	N.A.	₹34,176 Crs	9.98%	18.14%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Axis Multicap Fund?

The current Net Asset Value (NAV) of the Axis Multicap Fund - Direct Growth plan is approximately ₹18.45 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Axis Multicap Fund is a 3 yrs 6 m old fund and has delivered average annual returns of 19.33% since inception.

Axis Multicap Fund Returns

1-Year	3-Year	Since Inception
15.1%	26.66%	19.33%

How much does this mutual fund charge as expense ratio?

The Axis Multicap Fund - Direct Growth has an expense ratio of 0.75%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Axis Multicap Fund currently has assets under management (AUM) or fund size valued at approximately ₹6,979 Crs crore as of Mar 31, 2025.

What are the top stock holdings of Axis Multicap Fund?

The Axis Multicap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.85%
ICICI Bank Ltd.	4.85%
Reliance Industries Ltd.	2.84%
Blue Star Ltd.	2.74%
Persistent Systems Ltd.	2.52%
Fortis Healthcare Ltd.	2.4%
Minda Corporation Ltd.	2.28%
Bharti Airtel Ltd.	1.96%
Brigade Enterprises Ltd.	1.62%
State Bank of India	1.55%

What are the top sectors Axis Multicap Fund has invested in?

The Axis Multicap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	17.87%
Healthcare	12.720000000000002%
Services	9.71%
Capital Goods	9.61%
Automobile	7.299999999999999%
Construction	6.1899999999999995%
Technology	5.04%
Consumer Discretionary	5.0%
Energy	4.779999999999999%
Consumer Staples	3.7300000000000004%

What is risk level of Axis Multicap Fund?

This is a Multi Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Axis Multicap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Axis Multicap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Axis Multicap Fund is complete.

How can I redeem my investments in Axis Multicap Fund?

Redeeming your investments in Axis Multicap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Multicap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Multi Cap

#NA

Return Outperformance: This fund has generated highest return amongst Multi Cap funds in the last 3 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days