AXIS Multicap Fund – Direct Growth
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Invested Amount--
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Wealth Gained--
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Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 24.7% | - | - | 11.6% | ||||
| Category Average | 16.9% | 20.4% | 14.1% | - |
Scheme Allocation
Advance Ratio
Exit Load
| Exit Load | If redeemed / switched-out within 12 months - For 10% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil |
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Fund Objective
Launched on November 26, 2021, Axis Multicap Fund is a Multi Cap mutual fund strategy from Axis Mutual Fund.
This fund is managed by Anupam Tiwari and Sachin Jain. The fund has the preponderance of its investments in the financial, technological, healthcare, automotive, materials, construction, metal & mining, consumer discretionary, and chemicals industries. Contrary to other funds in the subcategory, it has less exposure to the financial and technological sectors.
HDFC Bank, ICICI Bank, Persistent Systems Ltd., Infosys Ltd., and Trent Ltd. are the top 5 assets of Axis Multicap Fund.
The main objective of this fund is to provide a way for people to increase their finances by investing in a diverse portfolio of equities and equity-related securities across market capitalization; the initiative intends to provide long-term financial development.
Pros & Cons
| Pros | Cons |
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The expense ratio of the fund is modest. |
The fund has higher assets under management (AUM). |
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It has no entry charges. |
It has exit load charges. |
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The fund’s three-year annualized returns are 11.08%, which is greater than the category average. |
The fund’s annualized returns over the past year have fallen by 6.34% below the industry standard. |
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Investors can select between two investment programs offered by the fund. |
The relative risk for the fund is quite significant. |
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The fund’s baseline has a 3-star rating. |
Within the first five years, investments cannot be redeemed. |
How to Invest in Axis Multicap Fund
Users can invest in the Axis Multicap Fund with 5paisa in a streamlined and accessible manner. The operation is simple, can be completed in a short period of time, and does not require any paperwork.
What is the Expense Ratio of Axis Multicap Fund
The expense ratio is a proportion that depicts the amount of money you pay as a charge to the AMC, or Asset Management Company, to manage your holdings. In other words, it is the expense of administering and managing the mutual fund per unit. However, the expense percentage varies from mutual fund to mutual fund.
Who Should Invest in Axis Multicap Fund?
The Axis Multicap Fund is appropriate for:
- Investors with a high tolerance for market volatility
- Investors considering investing in equities and equity-related instruments
- Investors who seek to build long-term wealth through investment
- Investors who plan to invest for five years or more
What are the Benefits of Investing in the Axis Multicap Fund
The advantages of the Axis Multicap Fund are as follows:
Market Expansion
Axis Multicap Fund offers accessibility to the whole market continuum since it invests in major, moderate, and small-cap firms.
Long-Term Capital Gains
You may be certain of receiving returns appropriate for long-term aspirations by investing in the Axis Multicap Fund for five or more years.
Diversification of Investments
This fund offers portfolio diversification throughout several market categories through investments. This is made feasible by the steadiness of sizable equities and the subsequent contribution of medium and small cap firms.
High-Quality Stocks
The Axis Multicap Fund allows investors to have more access to high-quality assets since it invests with leading companies.
Fund Managers
Shreyash Devalkar - Funds and Content Listing - Senior Fund Manager
With 18 years of work experience, Mr Shreyas Devalkar handles Funds and Content Listing at Axis Mutual Fund. His current designation is Senior Fund Manager of Equity, Axis Asset Management Ltd. He joined Axis AMC in November 2016. Before joining Axis AMC, he worked with BNP Paribas Asset Management (India) Pvt. Ltd. as Fund Manager – Equity, IDFC AMC as VP Research – Equity Analyst, IDFC Securities as VP Research – Equity Analyst, and JP Morgan as Credit Analyst.
Mr Shreyas Devalkar’s educational qualifications include MBA (Management) from Jamnalal Bajaj Institute of Management Studies, Bachelor in Chemical Engineering from University Department of Chemical Technology, Mumbai, and HSC from D G Ruparel College. His areas of interest include equity research, financial modelling, portfolio management, etc.
Mr Shreyas Devalkar manages four (4) schemes at Axis Mutual Fund, including Axis Bluechip Fund and Axis Flexi Cap Fund.
Risk-O-Meter
Peer Comparison
- Fund Name
- Fund Size
- 1Y
- 3Y
- 5Y
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- Equity .
- Multi Cap .
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- 20,192
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30.8%Fund Size - 20,192
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38.7%Fund Size - 20,192
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19.6%Fund Size - 20,192
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- Equity .
- Multi Cap .
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- 5,688
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20.9%Fund Size - 5,688
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33.5%Fund Size - 5,688
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25.1%Fund Size - 5,688
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- Equity .
- Multi Cap .
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- 2,119
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27.8%Fund Size - 2,119
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32.5%Fund Size - 2,119
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22.3%Fund Size - 2,119
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- Equity .
- Multi Cap .
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- 111
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28%Fund Size - 111
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31%Fund Size - 111
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23.7%Fund Size - 111
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- Equity .
- Multi Cap .
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- 8,564
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25.8%Fund Size - 8,564
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29.2%Fund Size - 8,564
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15.6%Fund Size - 8,564
AMC Contact Details
Frequently Asked Questions
How to invest in AXIS Multicap Fund – Direct Growth ?
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for AXIS Multicap Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of AXIS Multicap Fund – Direct Growth ?
How to redeem AXIS Multicap Fund – Direct Growth holding ?
What is the minimum sip amount of AXIS Multicap Fund – Direct Growth?
What are the top sectors AXIS Multicap Fund – Direct Growth has invested in?
- IT-Software - 13.55%
- Banks - 13.4%
- Finance - 12.53%
- Auto Components - 10.64%
- Healthcare Services - 10.05%
Can I make investments in both the SIP and Lump Sum schemes of AXIS Multicap Fund – Direct Growth?
How much returns have AXIS Multicap Fund – Direct Growth generated ?
What is the expense ratio of AXIS Multicap Fund – Direct Growth ?
What is the AUM of AXIS Multicap Fund – Direct Growth?
What are the top stock holdings of AXIS Multicap Fund – Direct Growth?
- ICICI Bank - 6.37%
- Birlasoft Ltd - 4.92%
- Phoenix Mills - 4.04%
- Cholaman.Inv.&Fn - 4.01%
- HDFC Bank - 3.86%
How can I redeem my investments in AXIS Multicap Fund – Direct Growth?
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select AXIS Multicap Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.