Axis Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationVery High Risk
Direct
NAV (25-Jul-24)
₹43.560.50%1D
Returns (Since Inception)
11.26%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,246 Cr
Expense Ratio
1.07%
ISIN
INF846K01EV4
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
Axis Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹43.56, Assets Under Management (AUM) of 1245.86 Crores, and an expense ratio of 1.07%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹43.56, Assets Under Management (AUM) of 1245.86 Crores, and an expense ratio of 1.07%.
- Axis Multi Asset Allocation Fund Direct Growth has given a CAGR return of 11.26% since inception.
- The fund's asset allocation comprises around 72.61% in equities, 11.33% in debts, and 3.47% in cash & cash equivalents.
- You can start investing in Axis Multi Asset Allocation Fund 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.
1 Year
+22.76%
— (Cat Avg.)
3 Years
+11.57%
— (Cat Avg.)
5 Years
+16.03%
— (Cat Avg.)
10 Years
+11.85%
— (Cat Avg.)
Since Inception
+11.26%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹904.6 Cr | 72.61% |
| Debt | ₹141.22 Cr | 11.33% |
| Others | ₹200.05 Cr | 16.06% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Axis Gold ETF | Mutual Fund - ETF | ₹104 Cr | 8.35% |
| HDFC Bank Ltd | Equity | ₹72.86 Cr | 5.85% |
| ICICI Bank Ltd | Equity | ₹59.81 Cr | 4.80% |
| Axis Silver ETF | Mutual Fund - ETF | ₹56.2 Cr | 4.51% |
| Reliance Industries Ltd | Equity | ₹38.49 Cr | 3.09% |
| Net Receivables / (Payables) | Cash | ₹37.01 Cr | 2.97% |
| Tata Consultancy Services Ltd | Equity | ₹31.43 Cr | 2.52% |
| Infosys Ltd | Equity | ₹31.05 Cr | 2.49% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹30.89 Cr | 2.48% |
| Larsen & Toubro Ltd | Equity | ₹27.88 Cr | 2.24% |
| State Bank of India | Equity | ₹26.13 Cr | 2.10% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹25.49 Cr | 2.05% |
| PI Industries Ltd | Equity | ₹25.43 Cr | 2.04% |
| Blue Star Ltd | Equity | ₹24.5 Cr | 1.97% |
| Bharti Airtel Ltd | Equity | ₹23.1 Cr | 1.85% |
| Ambuja Cements Ltd | Equity | ₹20.32 Cr | 1.63% |
| United Spirits Ltd | Equity | ₹18.97 Cr | 1.52% |
| REC Ltd | Equity | ₹18.39 Cr | 1.48% |
| Sansera Engineering Ltd | Equity | ₹17.7 Cr | 1.42% |
| Cummins India Ltd | Equity | ₹17.64 Cr | 1.42% |
| Mphasis Ltd | Equity | ₹17.52 Cr | 1.41% |
| InterGlobe Aviation Ltd | Equity | ₹16.95 Cr | 1.36% |
| ITC Ltd | Equity | ₹16.67 Cr | 1.34% |
| Varun Beverages Ltd | Equity | ₹16.58 Cr | 1.33% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹16.5 Cr | 1.32% |
| Godrej Properties Ltd | Equity | ₹16.04 Cr | 1.29% |
| KEI Industries Ltd | Equity | ₹15.47 Cr | 1.24% |
| UNO Minda Ltd | Equity | ₹15.41 Cr | 1.24% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹15.39 Cr | 1.24% |
| Tata Motors Ltd | Equity | ₹14.05 Cr | 1.13% |
| Clean Science and Technology Ltd | Equity | ₹13.92 Cr | 1.12% |
| Divi's Laboratories Ltd | Equity | ₹13.57 Cr | 1.09% |
| Dabur India Ltd | Equity | ₹13.52 Cr | 1.08% |
| Oil India Ltd | Equity | ₹12.7 Cr | 1.02% |
| Granules India Ltd | Equity | ₹12.32 Cr | 0.99% |
| Titagarh Rail Systems Ltd | Equity | ₹12.22 Cr | 0.98% |
| HDFC Life Insurance Company Limited | Equity | ₹11.9 Cr | 0.96% |
| Cipla Ltd | Equity | ₹11.52 Cr | 0.92% |
| TVS Motor Co Ltd | Equity | ₹11.46 Cr | 0.92% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹11.41 Cr | 0.92% |
| Power Finance Corp Ltd | Equity | ₹10.91 Cr | 0.88% |
| Sona BLW Precision Forgings Ltd | Equity | ₹10.91 Cr | 0.88% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹10.68 Cr | 0.86% |
| Jindal Steel & Power Ltd | Equity | ₹10.65 Cr | 0.86% |
| SKF India Ltd | Equity | ₹10.64 Cr | 0.85% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹10.6 Cr | 0.85% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹10.53 Cr | 0.85% |
| Hindalco Industries Ltd | Equity | ₹10.4 Cr | 0.84% |
| Godrej Consumer Products Ltd | Equity | ₹10.32 Cr | 0.83% |
| Hindustan Unilever Ltd | Equity | ₹10.24 Cr | 0.82% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹10.06 Cr | 0.81% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹10.02 Cr | 0.80% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹9.93 Cr | 0.80% |
| Life Insurance Corporation of India | Equity | ₹9.89 Cr | 0.79% |
| Hindustan Petroleum Corp Ltd | Equity | ₹9.42 Cr | 0.76% |
| Zomato Ltd | Equity | ₹8.44 Cr | 0.68% |
| Chalet Hotels Ltd | Equity | ₹7.61 Cr | 0.61% |
| Mahindra & Mahindra Ltd | Equity | ₹7.52 Cr | 0.60% |
| TeamLease Services Ltd | Equity | ₹6.97 Cr | 0.56% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹6.61 Cr | 0.53% |
| GPT Healthcare Ltd | Equity | ₹6.32 Cr | 0.51% |
| KFin Technologies Ltd | Equity | ₹5.42 Cr | 0.44% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.24 Cr | 0.42% |
| 7.37% Govt Stock 2054 | Bond - Gov't/Treasury | ₹5.22 Cr | 0.42% |
| Embassy Office Parks Reit | Bond - Asset Backed | ₹5.13 Cr | 0.41% |
| 08.21 RJ UDAY 2026 | Bond - Gov't Agency Debt | ₹5.07 Cr | 0.41% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹5.06 Cr | 0.41% |
| Renserv Global Pvt Ltd. 10.18% | Bond - Corporate Bond | ₹5 Cr | 0.40% |
| 6.19% Govt Stock 2034 | Bond - Gov't/Treasury | ₹4.68 Cr | 0.38% |
| NTPC Ltd | Equity | ₹4.52 Cr | 0.36% |
| India Infrastructure Finance Company Limited | Bond - Corporate Bond | ₹2.9 Cr | 0.23% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹2.84 Cr | 0.23% |
| Bharat Highways InvIT Unit | Equity | ₹2.16 Cr | 0.17% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹0.96 Cr | 0.08% |
| Aether Industries Ltd | Equity | ₹0.57 Cr | 0.05% |
Allocation By Market Cap (Equity)
Large Cap Stocks
48.98%
Mid Cap Stocks
12.66%
Small Cap Stocks
10.29%
Allocation By Credit Quality (Debt)
AAA
AA
A
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹218.66 Cr | 17.55% |
| Industrials | ₹143.76 Cr | 11.54% |
| Basic Materials | ₹96.69 Cr | 7.76% |
| Consumer Cyclical | ₹93.1 Cr | 7.47% |
| Consumer Defensive | ₹86.29 Cr | 6.93% |
| Technology | ₹85.42 Cr | 6.86% |
| Healthcare | ₹76.41 Cr | 6.13% |
| Energy | ₹60.6 Cr | 4.86% |
| Communication Services | ₹23.1 Cr | 1.85% |
| Real Estate | ₹16.04 Cr | 1.29% |
| Utilities | ₹4.52 Cr | 0.36% |
Risk & Performance Ratios
Standard Deviation
This fund
10.16%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.58
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Devang Shah
Since April 2024
Ashish Naik
Since June 2016
Hardik Shah
Since April 2024
PT
Pratik Tibrewal
Since April 2023
Jayesh Sundar
Since September 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF846K01EV4 | Expense Ratio | 1.07% | Exit Load | 1.00% | Fund Size | ₹1,246 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Domestic Price of Gold |
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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3404.39 Cr | 23.2% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3404.39 Cr | 25.2% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹3601.88 Cr | 32.0% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹3601.88 Cr | 30.3% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹5537.39 Cr | 27.0% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2541.51 Cr | 41.7% |
| UTI Multi Asset Fund Regular Growth High Risk | 2.0% | 1.0% | ₹2418.31 Cr | 37.2% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹43928.78 Cr | 31.0% |
| HDFC Multi - Asset Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3141.18 Cr | 22.7% |
| Motilal Oswal Multi Asset Fund Direct Growth High Risk | 0.9% | 1.0% | ₹101.71 Cr | 16.0% |
About the AMC
Total AUM
₹2,86,505 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Axis Multi Asset Allocation Fund Direct Growth?
The NAV of Axis Multi Asset Allocation Fund Direct Growth, as of 25-Jul-2024, is ₹43.56.
What are the returns of Axis Multi Asset Allocation Fund Direct Growth?
The fund has generated 22.76% over the last 1 year and 11.57% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 72.61% in equities, 11.33% in bonds, and 3.47% in cash and cash equivalents.
Who manages the Axis Multi Asset Allocation Fund Direct Growth?
The fund managers responsible for Axis Multi Asset Allocation Fund Direct Growth are:-
- Devang Shah
- Ashish Naik
- Hardik Shah
- Pratik Tibrewal
- Jayesh Sundar
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.
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.