Axis Multi Factor Passive FoF
The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic Equity ETFs falling under the factor theme.
Growthvine rating: 1/5 — ranked #45 of 53 in category.
Fund basics
| Category | Equity: Flexi Cap |
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| NAV | ₹14.58 (as of 2026-10-01) |
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| AUM | ₹36 Cr |
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| Expense ratio | 0.55% |
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| Riskometer | Very High |
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| Fund manager | Nandik Mallik |
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| Exit load | 1% for redemption within 15 days |
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Performance & risk
| Sharpe ratio | 0.32 |
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| Standard deviation | 14.88% |
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| Max drawdown | −22.20% |
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| Alpha | -1.91 |
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| Beta | 0.96 |
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Over 5 years, captured 90.9% of Nifty 500's upside and 98.5% of its downside.
Market cap allocation
| Large cap | 74.7% |
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| Mid cap | 21.2% |
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| Small cap | 4.1% |
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Concentration
| Top 5 holdings | 95.6% |
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| Top 10 holdings | 95.6% |
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| Total holdings | 4 |
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| Index overlap | 0.0% |
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| Active share | 100.0% |
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Top holdings
- Axis Nifty500 Value 50 ETF — 24.0%
- ICICI Prudential Nifty 200 Momentum 30 ETF — 24.0%
- ICICI Prudential Nifty 100 Low Volatility 30 ETF — 23.9%
- SBI Nifty 200 Quality 30 ETF — 23.7%
- Clearing Corporation of India Ltd — 4.4%
- Net Receivables / (Payables) — −0.1%
Top sectors
- Equity MF — 95.7%
- Cash — 4.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −7.5% | Q3 | #38 of 50 |
| 2025 | 5.6% | Q2 | #17 of 43 |
| 2024 | 11.3% | Q4 (Bottom) | #41 of 42 |
| 2023 | 24.7% | Q3 | #27 of 36 |