Axis Multi Asset Allocation Fund Direct Plan Growth Option
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 40.44 as on 16-05-2024
About the Fund
Axis Multi Asset Allocation Fund Direct Plan Growth Option is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Ashish Naik, R Sivakumar. This fund gives you the benefit of diversification.
Key Parameters
- Axis Multi Asset Allocation Fund Direct Plan Growth Option has ₹1202 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 1.3.
Fund Performance
513 people have invested ₹ 21.9L in Axis Multi Asset Allocation Fund Direct Plan Growth Option in the last three months
Overview
 | 1.34% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹1202 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 46.13% |
Axis Multi Asset Allocation Fund Direct Plan Growth Option Distribution as on (30-Apr-24)
Size breakup
Large cap
52.9%
Small cap
10.4%
Mid cap
9%
Sector Allocation
Financial Services
25.8%
Industrial
15.4%
Basic Materials
10.5%
Consumer Defensive
9.8%
Consumer Cyclical
8.1%
Tech
7.9%
Health
7.6%
Energy
7.6%
Communication
3.5%
Utilities
2.3%
Real Estate
1.6%
Top Holdings of Axis Multi Asset Allocation Fund Direct Plan Growth Option as on (30-Apr-24)
Equity Holdings59
Debt Holdings15
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Axis Gold ETF | 8.67% | -40.6% | |
 ICICI Bank Ltd | 5.69% | 0% | |
 Axis Silver ETF | 4.27% | 0% | |
 HDFC Bank Ltd | 4.05% | -6.8% | |
 Reliance Industries Ltd | 3.46% | -9.6% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.2K Cr as of Apr'24
- AUM increased by 28.6 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, Quant Multi Asset Fund Growth Option Direct Plan has given 47.82% return, outperforming this fund by 29.73%.
In the last 5 years, Quant Multi Asset Fund Growth Option Direct Plan has given 29.84% return, outperforming this fund by 15.04% per annum.
Over the last 6 months, this fund has experienced a 4.6% drop in AUM moving from 1.26K Cr to 1.20K Cr.
In the last 3 years, Quant Multi Asset Fund Growth Option Direct Plan has given 26.25% return, outperforming this fund by 14.57% per annum.
Peer Analysis
Fund Manager
Ashish Naik
Fund Manager of Axis Multi Asset Allocation Fund Direct Plan Growth Option, since 22 June 2016
Top funds managed
R Sivakumar
Fund Manager of Axis Multi Asset Allocation Fund Direct Plan Growth Option, since 14 September 2010
Top funds managed
Axis Multi Asset Allocation Fund Direct Plan Growth Option Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 10.61% since inception which is less than its category average return of 11.12%
Fund Allocations
This fund has an allocation of 70.13% in Equity, 11.53% in Debt and 5.72% in Cash related instruments
AUM size ₹1202 Cr
This fund has AUM of ₹1202 Cr which is less than its category average of ₹ 3124 Cr
Expense Ratio 1.34%
This fund has an expense ratio of 1.34% which is more than its category average expense ratio of 1.21%
Frequently Asked Questions
The current NAV of Axis Multi Asset Allocation Fund Direct Plan Growth Option is ₹40.44 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Axis Multi Asset Allocation Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | -0.2% | -0.2% |
6 Month Returns | 13.34% | 13.34% |
1 Year Returns | 18.1% | 18.1% |
3 Years Returns | 39.32% | 11.69% |
5 Years Returns | 99.41% | 14.8% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
1.34% as on April 2024
₹1202 Cr as on April 2024
Axis Gold ETF(8.67%), ICICI Bank Ltd(5.69%), Axis Silver ETF(4.27%), HDFC Bank Ltd(4.05%), Reliance Industries Ltd(3.46%) as on April 2024
Financial Services(18.1%), Government(13.45%), Industrial(10.78%) as on April 2024
AAA | 86.88 |
AA | 13.12 |
Ashish Naik, R Sivakumar are the fund managers of Axis Multi Asset Allocation Fund Direct Plan Growth Option
The Exit load of Axis Multi Asset Allocation Fund Direct Plan Growth Option is 1%