Axis Multi Asset Allocation Fund Direct Growth
NAV as on 27-03-2025
₹ 43.55
1D
Inception Returns
10.6%
/yr
Historical NAV & Returns
About Axis Multi Asset Allocation Fund Direct Growth
Axis Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Ashish Naik, Hardik Shah, Aditya Pagaria, Devang Shah. This fund gives you the benefit of diversification.
Key Parameters
- Axis Multi Asset Allocation Fund Direct Growth has ₹1270 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
- The fund has an expense ratio 1.1.
Returns
Axis Multi Asset Allocation Fund Direct Growth has given a CAGR return of 10.57% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.20%, 9.41% and 18.00% respectively.
Holdings
Axis Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Consumer Cyclical, Corporate, Tech, Industrial, Basic Materials, Health, Consumer Defensive, Energy, Communication, Real Estate, Securitize, Utilities.
Taxation
As it is a multi asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Axis Multi Asset Allocation Fund Direct Growth
The Scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold Exchange Traded Funds.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Multi Asset Allocation Fund Direct Growth has no lock in period.
Axis Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 1.05% |
Benchmark | IISL Nifty 50 TR INR |
| AUM | ₹1270 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 89.98% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (27-Mar-25)
Fund Distribution
as on (28-Feb-25)
- AUM of the fund stands at 1.3K Cr as of Feb'25
- AUM decreased by 46 Cr between Feb'25 and Jan'25
Top 3 Sectors in February were Financial Services, Government & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Axis Gold ETF | 8.26% | 0% | |
 HDFC Bank Ltd | 5.92% | 11.1% | |
 Axis Silver ETF | 5.27% | 0% | |
 Reliance Industries Ltd | 3.87% | 25.6% | |
 ICICI Bank Ltd | 3.38% | 0% |
Mutual Fund Insights
Axis Multi Asset Allocation Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1270 Cr
Expense Ratio 1.05%
More funds from AMC
Axis Retirement Fund - Dynamic Plan Direct Growth
5Y CAGR
▲ 17.39
Axis Balanced Advantage Fund Direct Growth
5Y CAGR
▲ 15.94
Axis Retirement Fund - Aggressive Plan Direct Growth
5Y CAGR
▲ 17.59
Axis Equity Savings Fund Direct Plan Growth
5Y CAGR
▲ 13.67
Axis Aggresive Hybrid Fund Direct Growth
5Y CAGR
▲ 17.89
Frequently Asked Questions for Axis Multi Asset Allocation Fund Direct Growth
Axis Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.88% | 2.88% |
6 Month Returns | -5.77% | -5.77% |
1 Year Returns | 13.2% | 13.2% |
3 Years Returns | 30.95% | 9.41% |
5 Years Returns | 128.78% | 18% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 73.7 |
AA | 21.56 |
A | 4.74 |