Axis Multi Cap Fund
The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization.
Growthvine rating: 5/5 — ranked #1 of 35 in category.
Fund basics
| Category | Equity: Multi Cap |
|---|
| NAV | ₹18.16 (as of 2026-10-23) |
|---|
| AUM | ₹11,972 Cr |
|---|
| Expense ratio | 1.48% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Nitin Arora |
|---|
| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
|---|
Performance & risk
| Sharpe ratio | 0.73 |
|---|
| Standard deviation | 16.29% |
|---|
| Max drawdown | −18.52% |
|---|
| Alpha | 8.25 |
|---|
| Beta | 0.92 |
|---|
Over 5 years, captured 104.4% of NIFTY500 Multicap 50:25:25's upside and 90.6% of its downside.
Market cap allocation
| Large cap | 41.0% |
|---|
| Mid cap | 24.9% |
|---|
| Small cap | 34.0% |
|---|
Concentration
| Top 5 holdings | 13.3% |
|---|
| Top 10 holdings | 22.9% |
|---|
| Total holdings | 108 |
|---|
| Index overlap | 38.7% |
|---|
| Active share | 61.3% |
|---|
Top holdings
- Clearing Corporation of India Ltd — 4.6%
- ICICI Bank Ltd. — 3.3%
- HDFC Bank Ltd. — 2.7%
- Sona BLW Precision Forgings Limited — 2.5%
- Eternal Limited — 2.4%
- Welspun Corp Limited — 2.3%
- Apar Industries Ltd — 2.0%
- Multi Commodity Exchange of India Ltd — 2.0%
- TD Power Systems Limited — 1.9%
- Shriram Finance Limited — 1.9%
Top sectors
- Banking & Financial — 19.0%
- Automobile — 15.0%
- Electricals — 9.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 0.4% | Q1 (Top) | #5 of 34 |
| 2025 | 1.3% | Q3 | #22 of 31 |
| 2024 | 32.2% | Q1 (Top) | #2 of 24 |
| 2023 | 36.4% | Q1 (Top) | #5 of 17 |
| 2022 | −1.8% | Q3 | #10 of 13 |