Axis Multicap Fund

Q: What are the returns of this mutual fund scheme?

The Axis Multicap Fund is a 3 yrs 10 m old fund and has delivered average annual returns of 16.34% since inception. Axis Multicap Fund Returns 1-Year 3-Year Since Inception -4.16% 21.99% 16.34%

Q: How much does this mutual fund charge as expense ratio?

The Axis Multicap Fund has an expense ratio of 1.78% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Sep 29, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹17.72+0.17% 1 day change	16.34% p.a.	App exclusive #NA View Ranked Funds	₹8,329 Cr

Historical NAV & returns

NAV: ₹17.72 as on Sep 29, 2025

This fund Category average

Axis Multicap Fund overview

AUM (Fund size)	₹8,329 Cr
Exit load	1.0% Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days!
Lock-in Period	Nil
Age	3 yrs 10 m since Nov 26, 2021
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	This scheme is currently not buyable
Expense ratio	1.78% as on Aug 31, 2025
Plan type	Regular
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 Sep 22, 2025

Period	This fund	Category average
1 Month	1.43%	-0.26%
3 Months	-1.77%	-2.73%
6 Months	8.98%	8.34%
1 Year	-4.16%	-4.96%
2 Years	22.08%	17.13%
3 Years	21.99%	18.75%

View returns in detail

Asset allocationas on Aug 31, 2025

Large Cap 47.19%

Mid Cap 26.32%

Small Cap 25.03%

Other Cap 0%

Top holdings

HDFC Bank Ltd.6.29%

ICICI Bank Ltd.4.09%

Reliance Industries Ltd.3.18%

Fortis Healthcare Ltd.2.52%

Top sectors

Financial 19.370000000000005%

Services 13.089999999999998%

Healthcare 12.159999999999997%

Capital Goods 11.560000000000002%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 1.18%

Allocation by Instruments

CBLO 1.17877374%

Net Receivables 0.27644268%

Other Holdings

Others 0.28%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Multicap Fund	1.43%	8.98%	-4.16%	21.99%	N.A.	N.A.
Nippon India Multi Cap Fund	-0.52%	10.33%	-3.0%	22.17%	30.26%	15.1%
ICICI Prudential Multicap Fund	-0.74%	5.73%	-6.22%	19.88%	24.29%	14.44%
Mahindra Manulife Multi Cap Fund	-0.36%	8.0%	-6.63%	18.89%	24.85%	13.17%
Baroda BNP Paribas Multi Cap Fund	-1.08%	6.43%	-6.21%	18.81%	23.68%	13.95%
ITI Multi Cap Fund	-0.73%	9.71%	-8.67%	18.99%	19.27%	8.67%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Multicap Fund	13.75	0.9	1.0	1.33
Nippon India Multi Cap Fund	13.02	0.84	1.15	1.67
ICICI Prudential Multicap Fund	12.6	0.83	0.97	1.65
Mahindra Manulife Multi Cap Fund	14.72	0.96	0.79	1.12
Baroda BNP Paribas Multi Cap Fund	13.62	0.88	0.84	1.04
ITI Multi Cap Fund	15.02	1.0	0.78	1.01

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Multicap Fund	N.A.	8,329 Cr	3 yrs 10 m	1.78%
Nippon India Multi Cap Fund	N.A.	40,261 Cr	20 yrs 7 m	1.51%
ICICI Prudential Multicap Fund	N.A.	15,281 Cr	31 yrs 1 m	1.74%
Mahindra Manulife Multi Cap Fund	N.A.	5,622 Cr	8 yrs 5 m	1.79%
Baroda BNP Paribas Multi Cap Fund	N.A.	2,923 Cr	22 yrs 1 m	1.98%
ITI Multi Cap Fund	N.A.	1,261 Cr	6 yrs 5 m	2.05%

View all Multi Cap funds

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

Alpha	3.74 vs. 3.26 Higher outperformance against benchmark
Sharpe	1.0 vs. 2.57 Poor risk-adjusted returns
Beta	0.9 vs. 0.46 More sensitive to market's ups & downs
Standard deviation	13.75 vs. 6.07 More volatile performance

Compare Axis Multicap Fund in detail with

About this fund

About Axis Multicap Fund

Axis Multicap Fund is a Multi Cap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 3 yrs 10 m, having been launched on 26/11/2021. Axis Multicap Fund has ₹8,329 Crores worth of assets under management (AUM) as on 31/08/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Multicap Fund as of 29/09/2025 is ₹17.72. The fund has an expense ratio of 1.78%, which is higher than what most other Multi Cap funds charge.

Axis Multicap Fund returns of last 1-year are -5.01%. Since launch, it has delivered 16.31% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Axis Multicap Fund 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, Healthcare, Capital Goods, 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., Fortis Healthcare Ltd., Bharti Airtel Ltd..

...

Fund AUM	8,329 Cr as on Aug 31, 2025
Scheme document	View Scheme Document
Product Presentation	View Product Presentation

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	69 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.	25,569 Cr	-4.95%	25.74%
Axis Midcap Fund	N.A.	31,056 Cr	-4.39%	21.33%
Axis ELSS Tax Saver Fund	N.A.	34,528 Cr	-5.05%	15.35%
Axis Large Cap Fund	N.A.	32,954 Cr	-4.69%	14.32%
Axis Focused Fund	N.A.	12,286 Cr	-5.22%	13.19%

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 plan is approximately ₹17.72 as of Sep 29, 2025.

What are the returns of this mutual fund scheme?

The Axis Multicap Fund is a 3 yrs 10 m old fund and has delivered average annual returns of 16.34% since inception.

Axis Multicap Fund Returns

1-Year	3-Year	Since Inception
-4.16%	21.99%	16.34%

How much does this mutual fund charge as expense ratio?

The Axis Multicap Fund has an expense ratio of 1.78%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 8,329 Cr as on Aug 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.	6.29%
ICICI Bank Ltd.	4.09%
Reliance Industries Ltd.	3.18%
Fortis Healthcare Ltd.	2.52%
Bharti Airtel Ltd.	2.16%
Eternal Ltd.	1.95%
Infosys Ltd.	1.92%
Minda Corporation Ltd.	1.77%
Bajaj Finance Ltd.	1.72%
GE Vernova T&D India Ltd.	1.69%

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	19.370000000000005%
Services	13.089999999999998%
Healthcare	12.159999999999997%
Capital Goods	11.560000000000002%
Automobile	9.63%
Technology	5.54%
Energy	5.48%
Consumer Staples	4.119999999999999%
Construction	4.0%
Chemicals	3.43%

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 can I redeem my investments in Axis Multicap Fund?

Redeeming your investments in the Axis Multicap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

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