Axis Multicap Fund Regular-Growth

Q: What are the returns of Axis Multicap Fund?

The Axis Multicap Fund is a 3 yrs 8 m old fund and has delivered average annual returns of 17.3% since inception. Axis Multicap Fund Returns 1-Year 3-Year Since Inception 2.95% 22.75% 17.3%

NAV as of Jul 30, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹17.81+0.34% 1 day change	17.3% p.a.	#NA View Ranked Funds	₹6,979 Cr

Historical NAV & returns

NAV: ₹17.81 as on Jul 30, 2025

This fund Category average

Axis Multicap Fund overview

Expense ratio	1.79% 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 Cr
Lock-in Period	Nil
Age	3 yrs 8 m since Nov 26, 2021
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	This scheme is currently not buyable
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, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

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 06, 2025

Period	This fund	Category average
1 Month	-0.73%	-1.1%
3 Months	8.47%	8.13%
6 Months	7.22%	8.03%
1 Year	2.95%	0.51%
2 Years	25.21%	19.83%
3 Years	22.75%	20.17%

Asset allocationas on Mar 31, 2025

Large Cap 40.83%

Mid Cap 26.23%

Small Cap 25.06%

Other Cap 0%

Top holdings

HDFC Bank Ltd.7.13%

ICICI Bank Ltd.4.65%

Reliance Industries Ltd.3.56%

Bharti Airtel Ltd.2.36%

Top sectors

Financial 22.05%

Services 12.620000000000001%

Capital Goods 11.750000000000002%

Healthcare 10.36%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 1.27%

Others 0.78%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Bifurcation by Holding is not available for this fund

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Multicap Fund	N.A.	6,979 Cr	3 yrs 8 m	1.79%
Nippon India Multi Cap Fund	N.A.	40,261 Cr	12 yrs 7 m	0.74%
Mahindra Manulife Multi Cap Fund	N.A.	5,408 Cr	8 yrs 3 m	0.41%
ICICI Prudential Multicap Fund	N.A.	14,505 Cr	12 yrs 7 m	0.93%
ITI Multi Cap Fund	N.A.	1,248 Cr	6 yrs 3 m	0.46%
Baroda BNP Paribas Multi Cap Fund	N.A.	2,840 Cr	12 yrs 7 m	0.95%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Multicap Fund	-0.73%	7.22%	2.95%	22.75%	N.A.	N.A.
Nippon India Multi Cap Fund	0.0%	12.24%	2.05%	25.39%	33.01%	15.42%
Mahindra Manulife Multi Cap Fund	-1.27%	10.67%	1.46%	23.34%	28.7%	15.25%
ICICI Prudential Multicap Fund	-0.24%	8.47%	1.17%	22.47%	26.73%	15.4%
ITI Multi Cap Fund	-1.39%	10.0%	-2.82%	23.1%	22.11%	10.26%
Baroda BNP Paribas Multi Cap Fund	-0.98%	4.44%	0.09%	20.97%	26.15%	14.45%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Multicap Fund	14.4	0.91	1.35	1.74
Nippon India Multi Cap Fund	14.0	0.88	1.56	2.15
Mahindra Manulife Multi Cap Fund	14.99	0.95	1.31	1.77
ICICI Prudential Multicap Fund	13.06	0.83	1.41	2.24
ITI Multi Cap Fund	15.31	0.98	1.28	1.55
Baroda BNP Paribas Multi Cap Fund	14.06	0.89	1.25	1.48

View all Multi Cap funds

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

Alpha	3.22 vs. 4.76 Underperformed at beating benchmark
Sharpe	1.35 vs. 3.73 Poor risk-adjusted returns
Beta	0.91 vs. 0.61 More sensitive to market's ups & downs
Standard deviation	14.4 vs. 6.31 More volatile performance

Compare Axis Multicap Fund in detail with

About this fund

About Axis Multicap Fund

Axis Multicap Fund Regular-Growth is a Multi Cap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 3 yrs 8 m, having been launched on 26/11/2021. Axis Multicap Fund Regular-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 Regular-Growth as of 30/07/2025 is ₹17.81. The fund has an expense ratio of 1.79%, which is higher than what most other Multi Cap funds charge.

Axis Multicap Fund Regular-Growth returns of last 1-year are 2.95%. Since launch, it has delivered 17.29% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Axis Multicap Fund Regular-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 above average.
The fund has the majority of its money invested in Financial, Services, Capital Goods, Healthcare, Automobile sectors. It has taken less exposure in Financial, Services 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., Bharti Airtel Ltd., Fortis Healthcare Ltd..

...

Fund AUM	6,979 Cr 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	3,37,399 Cr as on Jun 30, 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	1Y	5Y
Axis Small Cap Fund	N.A.	22,736 Cr	3.97%	31.04%
Axis Midcap Fund	N.A.	28,063 Cr	3.27%	25.11%
Axis Large & Mid Cap Fund	N.A.	13,321 Cr	2.98%	24.44%
Axis Flexi Cap Fund	N.A.	12,040 Cr	4.66%	19.22%
Axis Nifty 100 Index Fund	N.A.	1,715 Cr	-1.26%	19.14%
Axis ELSS Tax Saver Fund	N.A.	34,176 Cr	1.86%	17.76%

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 ₹17.81 as of Jul 30, 2025.

What are the returns of this mutual fund scheme?

The Axis Multicap Fund is a 3 yrs 8 m old fund and has delivered average annual returns of 17.3% since inception.

Axis Multicap Fund Returns

1-Year	3-Year	Since Inception
2.95%	22.75%	17.3%

How much does this mutual fund charge as expense ratio?

The Axis Multicap Fund - Direct Growth has an expense ratio of 1.79%, 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 Cr as on 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.	7.13%
ICICI Bank Ltd.	4.65%
Reliance Industries Ltd.	3.56%
Bharti Airtel Ltd.	2.36%
Fortis Healthcare Ltd.	2.0%
Minda Corporation Ltd.	1.98%
Bajaj Finance Ltd.	1.79%
Brigade Enterprises Ltd.	1.62%
GE Vernova T&D India Ltd.	1.58%
Solar Industries India Ltd.	1.57%

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	22.05%
Services	12.620000000000001%
Capital Goods	11.750000000000002%
Healthcare	10.36%
Automobile	7.17%
Technology	5.49%
Energy	5.41%
Construction	5.35%
Consumer Staples	4.32%
Chemicals	3.97%

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?

Axis Multicap Fund Regular-Growth is the regular plan of the fund. For this plan of you pay 1.79% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.75%. That's 1.04% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 1.04% if you opt for direct plan of Axis Multicap Fund

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