Axis Multicap Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 100% of historical 3-year rolling periods.
- Generated +6.0% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 1.97% is lower than category median (2.21%).
- Consistently ranked #1 in its category with an MFIQ quantitative score of 8.1/10.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +6.25% | +5.58% | +0.67% |
| 3 Months | +3.05% | +0.66% | +2.39% |
| 6 Months | +12.82% | +7.75% | +5.07% |
| 1 Year | +10.78% | +6.20% | +4.58% |
| 3 Years CAGR | +18.62% | +14.36% | +4.26% |
| Since Inception | +15.51% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Axis Multicap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +11.95% | +7.13% | +4.82% |
| 2025 | +1.35% | +2.69% | -1.34% |
| 2024 | +32.25% | +23.44% | +8.81% |
| 2023 | +36.40% | +31.30% | +5.10% |
| 2022 | -1.79% | +1.64% | -3.43% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -5.30% | +19.34% | +12.62% | +57.60% | 90.3% | 82.4% |
| 3-Year Rolling | +15.44% | +20.99% | +21.05% | +28.11% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-26 | 2025-02-28 | -18.5% | 5 months | 16 months |
| 2022-01-17 | 2022-06-20 | -17.9% | 5 months | 5 months |
| 2022-12-05 | 2023-03-28 | -10.5% | 4 months | 2 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity Related Instruments of Large Cap Stocks - (25%-50%),Equity & Equity Related Instruments of Mid Cap Stocks - (25%-50%),Equity & Equity Related Instruments of Small Cap Stocks - (25%-50%),Debt and Money Market Instruments - (0%-25%),Units issued by InvITs - (0%-10%) | Per Scheme Mandate |
Investment Objective & Strategy
To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 13,106 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as stretched relative to Multi Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Multi Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| WhiteOak Capital Multi Cap Fund | 7.6 | +16.99% | 2.21% | 91.2% | Rs 4,710 cr | Compare → |
| LIC MF Multi Cap Fund | 6.1 | +16.69% | 2.14% | 106.9% | Rs 2,344 cr | Compare → |
| Bank of India Multi Cap Fund | 6.0 | +16.75% | 2.44% | 95.0% | Rs 1,478 cr | Compare → |
| Mahindra Manulife Multi Cap Fund | 5.8 | +16.41% | 2.18% | 100.8% | Rs 7,968 cr | Compare → |
| Kotak Multi Cap Fund | 7.0 | +16.08% | 1.79% | 108.0% | Rs 31,944 cr | Compare → |
Frequently Asked Questions about Axis Multicap Fund
What is the expense ratio of Axis Multicap Fund?
Axis Multicap Fund has a total expense ratio (TER) of 1.97% with a base expense ratio of 1.47%, compared to the Multi Cap category median of 2.21%.
Who manages Axis Multicap Fund?
Axis Multicap Fund is managed by Nitin Arora (tenure: 3.5 years since 2023-05-26).
What are the historical returns of Axis Multicap Fund?
Axis Multicap Fund delivered a 3-year CAGR of 18.62%. Its 1-year return stands at +10.78%.
How large is Axis Multicap Fund?
Axis Multicap Fund manages assets of Rs 13,106 cr, placing it in the 'stretched' size band relative to Multi Cap peers.
How is Axis Multicap Fund scored on MFIQ?
Axis Multicap Fund holds an MFIQ Score of 8.1/10 (Good), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Axis Multicap Fund?
Axis Multicap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 15.04% with a maximum historical drawdown of -18.52%.