Axis Multi-Asset Active FoF Direct Growth

Fund Overview

Fund Size

₹1,422 Cr

Expense Ratio

0.05%

ISIN

INF846KA1366

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

11 Dec 2025

About this fund

Axis Multi-Asset Active FoF Direct Growth is a Fund of Funds mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 2 months and 12 days, having been launched on 11-Dec-25.
As of 20-Feb-26, it has a Net Asset Value (NAV) of ₹10.49, Assets Under Management (AUM) of 1421.65 Crores, and an expense ratio of 0.05%.

Axis Multi-Asset Active FoF Direct Growth has given a CAGR return of 4.91% since inception.
The fund's asset allocation comprises around 54.82% in equities, 16.52% in debts, and 11.05% in cash & cash equivalents.
You can start investing in Axis Multi-Asset Active FoF Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+4.91%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2026

Equity	₹779.41 Cr	54.82%
Debt	₹234.82 Cr	16.52%
Others	₹407.34 Cr	28.65%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Axis Gold ETF	Mutual Fund - ETF	₹252.86 Cr	17.79%
Axis Short Duration Dir Gr	Mutual Fund - Open End	₹145.3 Cr	10.22%
Axis Strategic Bond Dir Gr	Mutual Fund - Open End	₹115.47 Cr	8.12%
Axis Value Dir Gr	Mutual Fund - Open End	₹109.83 Cr	7.73%
Axis Large & Mid Cap Dir Gr	Mutual Fund - Open End	₹104.36 Cr	7.34%
ICICI Pru Banking & Fin Svcs Dir Gr	Mutual Fund - Open End	₹99.16 Cr	6.97%
ICICI Pru Technology Dir Gr	Mutual Fund - Open End	₹74.68 Cr	5.25%
Axis Consumption Dir Gr	Mutual Fund - Open End	₹72.9 Cr	5.13%
SBI Banking & Financial Svcs Dir Gr	Mutual Fund - Open End	₹71.72 Cr	5.04%
Axis Flexi Cap Dir Gr	Mutual Fund - Open End	₹70.7 Cr	4.97%
ICICI Pru Commodities Dir Gr	Mutual Fund - Open End	₹65.4 Cr	4.60%
Axis Overnight Dir Gr	Mutual Fund - Open End	₹45.04 Cr	3.17%
Net Receivables / (Payables)	Cash - Collateral	₹44.79 Cr	3.15%
Axis India Manufacturing Dir Gr	Mutual Fund - Open End	₹39.91 Cr	2.81%
ICICI Prudential Energy Opps Dir Gr	Mutual Fund - Open End	₹30.44 Cr	2.14%
Kotak Energy Opportunities Dir Gr	Mutual Fund - Open End	₹25 Cr	1.76%
Axis Innovation Dir Gr	Mutual Fund - Open End	₹19.48 Cr	1.37%
ICICI Pru Pharma Healthcare Diag Dir Gr	Mutual Fund - Open End	₹13.07 Cr	0.92%
ICICI Pru FMCG Dir Gr	Mutual Fund - Open End	₹12.95 Cr	0.91%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹7.77 Cr	0.55%
Axis Silver ETF	Mutual Fund - ETF	₹0.81 Cr	0.06%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Mutual Fund - Open End	₹1,115.41 Cr	78.46%
Mutual Fund - ETF	₹253.67 Cr	17.84%
Cash - Collateral	₹44.79 Cr	3.15%
Cash - Repurchase Agreement	₹7.77 Cr	0.55%

Risk & Performance Ratios

Fund Managers

Devang Shah

Since December 2025

Shreyash Devalkar

Since December 2025

Aditya Pagaria

Since December 2025

Mayank Hyanki

Since December 2025

Krishnaa N

Since December 2025

Additional Scheme Detailsas of 31st January 2026

ISIN

INF846KA1366

Expense Ratio

0.05%

Exit Load

1.00%

Fund Size

₹1,422 Cr

Age

2 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Domestic Price of Physical Gold INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Fund of Funds Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Multi Factor Passive Fund of Funds Direct Growth Very High Risk	-	1.0%	-	-
Motilal Oswal Multi Factor Passive Fund of Funds Regular Growth Very High Risk	-	1.0%	-	-
Groww BSE Hospitals ETF FOF Direct Growth Very High Risk	-	0.0%	-	-
Groww BSE Hospitals ETF FOF Regular Growth Very High Risk	-	0.0%	-	-
DSP Multi Asset Omni Fund of Funds Direct Growth Very High Risk	-	0.0%	-	-
DSP Multi Asset Omni Fund of Funds Regular Growth Very High Risk	-	0.0%	-	-
Sundaram Income Plus Arbitrage Active FoF Direct Growth Low to Moderate Risk	0.4%	0.0%	₹95.12 Cr	-
Sundaram Income Plus Arbitrage Active FoF Regular Growth Low to Moderate Risk	0.7%	0.0%	₹95.12 Cr	-
Groww Multi Asset Omni FOF Direct Growth Very High Risk	0.0%	0.0%	₹72.99 Cr	-
Groww Multi Asset Omni FOF Regular Growth Very High Risk	1.2%	0.0%	₹72.99 Cr	-
Axis Multi-Asset Active FoF Regular Growth Very High Risk	1.2%	1.0%	₹1421.65 Cr	-
Axis Multi-Asset Active FoF Direct Growth Very High Risk	0.1%	1.0%	₹1421.65 Cr	-
Mahindra Manulife Income Plus Arbitrage Active FOF Regular Growth Moderate Risk	0.7%	0.0%	₹26.51 Cr	-
Mahindra Manulife Income Plus Arbitrage Active FOF Direct Growth Moderate Risk	0.2%	0.0%	₹26.51 Cr	-
Axis Income Plus Arbitrage Passive Fund of Funds Regular Growth Low to Moderate Risk	0.4%	0.0%	₹147.81 Cr	-
Axis Income Plus Arbitrage Passive Fund of Funds Direct Growth Low to Moderate Risk	0.0%	0.0%	₹147.81 Cr	-
Groww Nifty Capital Markets ETF FOF Direct Growth Very High Risk	0.1%	0.0%	₹10.35 Cr	-
Groww Nifty Capital Markets ETF FOF Regular Growth Very High Risk	0.6%	0.0%	₹10.35 Cr	-
HDFC Diversified Equity All Cap Active FOF Direct Growth Very High Risk	0.2%	1.0%	₹1899.55 Cr	-
HDFC Diversified Equity All Cap Active FOF Regular Growth Very High Risk	1.3%	1.0%	₹1899.55 Cr	-
Union Diversified Equity All Cap Active FOF Regular Growth Very High Risk	1.3%	1.0%	₹189.82 Cr	-
Union Diversified Equity All Cap Active FOF Direct Growth Very High Risk	0.5%	1.0%	₹189.82 Cr	-
SBI Dynamic Asset Allocation Active FoF Regular Growth High Risk	1.3%	1.0%	₹2360.02 Cr	-
SBI Dynamic Asset Allocation Active FoF Direct Growth High Risk	0.3%	1.0%	₹2360.02 Cr	-
Mirae Asset Multi Factor Passive FOF Direct Growth Very High Risk	2.9%	0.0%	₹19.72 Cr	-
Mirae Asset Multi Factor Passive FOF Regular Growth Very High Risk	3.5%	0.0%	₹19.72 Cr	-
Edelweiss Multi Asset Omni Fund of Fund Direct Growth Very High Risk	0.2%	1.0%	₹424.82 Cr	-
Edelweiss Multi Asset Omni Fund of Fund Regular Growth Very High Risk	1.5%	1.0%	₹424.82 Cr	-
Zerodha Multi Asset Passive FoF Direct Growth Very High Risk	0.2%	0.0%	₹125.25 Cr	-
Edelweiss Income Plus Arbitrage Active Fund of Funds Direct Growth Low to Moderate Risk	0.0%	0.0%	₹173.84 Cr	-
Edelweiss Income Plus Arbitrage Active Fund of Funds Regular Growth Low to Moderate Risk	0.3%	0.0%	₹173.84 Cr	-
Invesco India Income Plus Arbitrage Active Fund of Fund Direct Growth Moderate Risk	0.0%	0.0%	₹239.64 Cr	-
Invesco India Income Plus Arbitrage Active Fund of Fund Regular Growth Moderate Risk	0.4%	0.0%	₹239.64 Cr	-
Mirae Asset Income plus Arbitrage Active FOF Regular Growth Low to Moderate Risk	0.3%	0.0%	₹19.71 Cr	-
Mirae Asset Income plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹19.71 Cr	-
Groww Nifty India Internet ETF Very High Risk	0.4%	-	₹23.87 Cr	-
Groww Nifty India Internet ETF FOF Direct Growth Very High Risk	0.2%	0.0%	₹9.59 Cr	-
Groww Nifty India Internet ETF FOF Regular Growth Very High Risk	0.7%	0.0%	₹9.59 Cr	-
Nippon India Income Plus Arbitrage Active Fund of Fund Direct Growth Moderate Risk	0.1%	0.0%	₹623.45 Cr	-
Nippon India Income Plus Arbitrage Active Fund of Fund Regular Growth Moderate Risk	0.3%	0.0%	₹623.45 Cr	-
Union Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹100.86 Cr	-
Union Income Plus Arbitrage Active FOF Regular Growth Low to Moderate Risk	0.4%	0.0%	₹100.86 Cr	-
Baroda BNP Paribas Multi Asset Active Fund of Funds Regular Growth High Risk	0.1%	1.0%	₹131.97 Cr	-
Baroda BNP Paribas Multi Asset Active Fund of Funds Regular Growth High Risk	1.0%	1.0%	₹131.97 Cr	-
Baroda BNP Paribas Income Plus Arbitrage Active Fund of Fund Regular Growth Moderate Risk	0.3%	0.0%	₹100.12 Cr	-
Baroda BNP Paribas Income Plus Arbitrage Active Fund of Fund Direct Growth Moderate Risk	0.1%	0.0%	₹100.12 Cr	-
Tata Income Plus Arbitrage Active FOF Direct Growth Moderate Risk	0.1%	0.0%	₹280.82 Cr	-
Tata Income Plus Arbitrage Active FOF Regular Growth Moderate Risk	0.6%	0.0%	₹280.82 Cr	-
SBI Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2214.27 Cr	-
SBI Income Plus Arbitrage Active FOF Regular Growth Low to Moderate Risk	0.3%	0.0%	₹2214.27 Cr	-

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,61,213 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Fixed Maturity Plan Series 129 108 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Axis BSE India Sector Leaders Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Axis Gold and Silver Passive FoF Direct Growth Very High Risk	0.2%	0.0%	₹548.64 Cr	-
Axis Multi-Asset Active FoF Direct Growth Very High Risk	0.1%	1.0%	₹1421.65 Cr	-
Axis Income Plus Arbitrage Passive Fund of Funds Direct Growth Low to Moderate Risk	0.0%	0.0%	₹147.81 Cr	-
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹283.12 Cr	-
Axis Nifty500 Quality 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹71.78 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1725.11 Cr	-
Axis Nifty AAA Bond Financial Services - Mar 2028 Index Fund Direct Growth Moderate Risk	-	0.0%	-	-
Axis Nifty500 Momentum 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹119.73 Cr	8.6%
Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹59.13 Cr	7.9%
Axis Momentum Fund Direct Growth Very High Risk	0.7%	1.0%	₹1094.87 Cr	11.1%
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹22.40 Cr	8.1%
Axis Nifty500 Value 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹122.65 Cr	31.3%
Axis CRISIL IBX AAA NBFC Index Jun 2027 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1832.89 Cr	8.0%
Axis Consumption Fund Direct Growth Very High Risk	0.6%	1.0%	₹3151.49 Cr	8.0%
Axis Nifty 500 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹307.36 Cr	13.3%
Axis Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹150.02 Cr	24.7%
Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹8.30 Cr	4.3%
Axis S&P BSE Sensex Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹46.57 Cr	10.5%
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 119 71 Days Direct Growth Low to Moderate Risk	-	-	-	-
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹37.37 Cr	13.2%
Axis India Manufacturing Fund Direct Growth Very High Risk	0.5%	1.0%	₹4910.39 Cr	19.9%
Axis Fixed Term Plan Series 118 100 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 113 1228 Days Direct Growth Low to Moderate Risk	-	0.0%	₹92.41 Cr	7.4%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 105 1128 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 112 1143 Days Direct Growth Low Risk	-	0.0%	₹76.51 Cr	6.8%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹68.57 Cr	7.3%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13093.52 Cr	7.3%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹1762.15 Cr	20.7%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹522.59 Cr	9.1%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12639.37 Cr	14.1%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹22669.60 Cr	7.4%
Axis Equity Hybrid Fund Direct Growth High Risk	1.1%	1.0%	₹1497.28 Cr	10.8%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1145.06 Cr	8.5%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹8564.57 Cr	8.0%
Axis ESG Equity Fund Direct Growth Very High Risk	1.4%	1.0%	₹1152.16 Cr	7.3%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹8738.96 Cr	7.0%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹2423.89 Cr	37.8%
Axis Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹1374.94 Cr	17.2%
Axis All Seasons Debt Fund of Funds Direct Growth Moderate Risk	0.1%	0.0%	₹1992.60 Cr	8.1%
Axis Quant Fund Direct Growth Very High Risk	0.8%	1.0%	₹870.48 Cr	13.1%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹636.57 Cr	5.2%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹32420.00 Cr	10.5%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1142.83 Cr	7.1%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹2834.85 Cr	75.2%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹11381.80 Cr	8.6%
Axis Regular Saver Fund Direct Growth Very High Risk	1.1%	1.0%	₹232.53 Cr	7.5%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Axis Multi-Asset Active FoF Direct Growth?

The NAV of Axis Multi-Asset Active FoF Direct Growth, as of 20-Feb-2026, is ₹10.49.

What is the portfolio composition of Axis Multi-Asset Active FoF Direct Growth?

The fund's allocation of assets is distributed as 54.82% in equities, 16.52% in bonds, and 11.05% in cash and cash equivalents.

Who manages the Axis Multi-Asset Active FoF Direct Growth?

The fund managers responsible for Axis Multi-Asset Active FoF Direct Growth are:-

Devang Shah
Shreyash Devalkar
Aditya Pagaria
Mayank Hyanki
Krishnaa N

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Axis Multi-Asset Active FoF Direct Growth

Fund Overview