Axis Multicap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 21-11-2024
₹ 17.75
▲0.9%
1D
Inception Returns
21.7%
/yr
About Axis Multicap Fund Direct Growth
Axis Multicap Fund is a mutual fund which takes the liberty to invest in companies across different market capitalizations, providing investors with a diverse spread of investment opportunity from safer large cap stocks to alpha generating mid and small cap stocks.The fund’s objective is 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.Investing in Axis Multicap Fund is a good option for investors who want to diversify their portfolio across different market segments and generate potentially higher returns in the long run.
Key Parameters
- Axis Multicap Fund Direct Growth has ₹6577 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Axis Multicap Fund Direct Growth has given a CAGR return of 21.68% since inception. Over the last 1 year the fund has given a CAGR return of 38.67%.
Holdings
Axis Multicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Tech, Real Estate, Consumer Defensive, Basic Materials, Utilities, Energy, Communication. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Persistent Systems Ltd, Mahindra & Mahindra Ltd, Blue Star Ltd
Taxation
As it is a multi-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Axis Multicap Fund Direct Growth
To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Multicap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Axis Multicap Fund Direct Growth Overview
| Expense ratio | 0.71% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹6577 Cr |
| Inception Date | 17 December, 2021 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 37.87% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -5.93% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.59% in Oct'24
- AUM of the fund stands at 6.8K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Consumer Cyclical, Financial Services & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.54% | 0% | |
 HDFC Bank Ltd | 3.57% | 0% | |
 Persistent Systems Ltd | 2.61% | -7.3% | |
 Mahindra & Mahindra Ltd | 2.52% | 0% | |
 Blue Star Ltd | 2.46% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 Firstsource Solutions Ltd | 3.7% |
Axis Multicap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹6577 Cr
Expense Ratio 0.71%
Frequently Asked Questions for Axis Multicap Fund Direct Growth
Axis Multicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.13% | -5.13% |
6 Month Returns | 12.91% | 12.91% |
1 Year Returns | 38.67% | 38.67% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Multicap Fund Direct Growth | 10.4 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Multicap Fund Direct Growth | 0.91 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Multicap Fund Direct Growth | 2.67 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Multicap Fund Direct Growth | 13.4 | - | - |