Axis Multi Asset Allocation Fund Direct Growth

Fund Overview

Fund Size

₹1,282 Cr

Expense Ratio

1.04%

ISIN

INF846K01EV4

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

Axis Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 11 years, 11 months and 21 days, having been launched on 01-Jan-13.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹44.01, Assets Under Management (AUM) of 1281.69 Crores, and an expense ratio of 1.04%.

Axis Multi Asset Allocation Fund Direct Growth has given a CAGR return of 10.95% since inception.
The fund's asset allocation comprises around 65.05% in equities, 17.36% in debts, and 5.38% in cash & cash equivalents.
You can start investing in Axis Multi Asset Allocation Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+19.05%

— (Cat Avg.)

3 Years

+9.73%

— (Cat Avg.)

5 Years

+13.74%

— (Cat Avg.)

10 Years

+11.36%

— (Cat Avg.)

Since Inception

+10.95%

— (Cat Avg.)

Portfolio Summaryas of 30th November 2024

Equity	₹833.68 Cr	65.05%
Debt	₹222.47 Cr	17.36%
Others	₹225.54 Cr	17.60%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Axis Gold ETF	Mutual Fund - ETF	₹94.73 Cr	7.39%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹67.73 Cr	5.28%
Axis Silver ETF	Mutual Fund - ETF	₹64.79 Cr	5.05%
Nifty December 2024 Future	Equity Index - Future	₹48.49 Cr	3.78%
ICICI Bank Ltd	Equity	₹46.4 Cr	3.62%
HDFC Bank Ltd	Equity	₹43.34 Cr	3.38%
Infosys Ltd	Equity	₹37.75 Cr	2.95%
Reliance Industries Ltd	Equity	₹34.55 Cr	2.70%
7.3% Govt Stock 2053	Bond - Gov't/Treasury	₹31.07 Cr	2.42%
Larsen & Toubro Ltd	Equity	₹28.85 Cr	2.25%
7.34% Govt Stock 2064	Bond - Gov't/Treasury	₹26.01 Cr	2.03%
7.25% Govt Stock 2063	Bond - Gov't/Treasury	₹25.63 Cr	2.00%
7.1% Govt Stock 2034	Bond - Gov't/Treasury	₹25.54 Cr	1.99%
Bharti Airtel Ltd	Equity	₹23.39 Cr	1.82%
Future on Reliance Industries Ltd	Equity - Future	₹-20.62 Cr	1.61%
InterGlobe Aviation Ltd	Equity	₹20.22 Cr	1.58%
Tata Consultancy Services Ltd	Equity	₹19.13 Cr	1.49%
PI Industries Ltd	Equity	₹19.08 Cr	1.49%
Divi's Laboratories Ltd	Equity	₹18.22 Cr	1.42%
State Bank of India	Equity	₹17.78 Cr	1.39%
REC Ltd	Equity	₹17.27 Cr	1.35%
Cholamandalam Investment And Fin. Co. Ltd	Bond - Corporate Bond	₹15.37 Cr	1.20%
Mahindra & Mahindra Ltd	Equity	₹15.31 Cr	1.19%
Bharti Telecom Limited	Bond - Corporate Bond	₹15.13 Cr	1.18%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹14.99 Cr	1.17%
The Federal Bank Ltd	Equity	₹14.43 Cr	1.13%
UltraTech Cement Ltd	Equity	₹14.18 Cr	1.11%
Godrej Properties Ltd	Equity	₹13.88 Cr	1.08%
ITC Ltd	Equity	₹13.84 Cr	1.08%
United Spirits Ltd	Equity	₹13.55 Cr	1.06%
Swiggy	Equity	₹13.51 Cr	1.05%
Sun Pharmaceuticals Industries Ltd	Equity	₹13.36 Cr	1.04%
Blue Star Ltd	Equity	₹12.65 Cr	0.99%
LTIMindtree Ltd	Equity	₹12.34 Cr	0.96%
GE Vernova T&D India Ltd	Equity	₹12.29 Cr	0.96%
Icici Bank Limited December 2024 Future	Equity - Future	₹-12.17 Cr	0.95%
TVS Motor Co Ltd	Equity	₹11.8 Cr	0.92%
Bank Nifty Index December 2024 Future	Equity Index - Future	₹11.78 Cr	0.92%
Zomato Ltd	Equity	₹11.77 Cr	0.92%
Varun Beverages Ltd	Equity	₹11.56 Cr	0.90%
Arvind Fashions Ltd	Equity	₹11.45 Cr	0.89%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹11.19 Cr	0.87%
Hindalco Industries Ltd	Equity	₹10.81 Cr	0.84%
Kotak Mahindra Bank Ltd	Equity	₹10.59 Cr	0.83%
J.B. Chemicals & Pharmaceuticals Ltd	Equity	₹10.48 Cr	0.82%
HDFC Life Insurance Co Ltd	Equity	₹10.34 Cr	0.81%
Delhi International Airport Limited	Bond - Corporate Bond	₹10 Cr	0.78%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹9.96 Cr	0.78%
JSW Steel Ltd	Equity	₹9.78 Cr	0.76%
Clean Science and Technology Ltd	Equity	₹9.57 Cr	0.75%
Life Insurance Corporation of India	Equity	₹9.38 Cr	0.73%
Godrej Consumer Products Ltd	Equity	₹9.33 Cr	0.73%
Cipla Ltd	Equity	₹9.2 Cr	0.72%
Sona BLW Precision Forgings Ltd	Equity	₹9.07 Cr	0.71%
KEI Industries Ltd	Equity	₹8.91 Cr	0.70%
Sumitomo Chemical India Ltd Ordinary Shares	Equity	₹8.6 Cr	0.67%
Chalet Hotels Ltd	Equity	₹8.43 Cr	0.66%
Coal India Ltd	Equity	₹8.33 Cr	0.65%
Vijaya Diagnostic Centre Ltd	Equity	₹7.65 Cr	0.60%
Bajaj Auto Ltd	Equity	₹7.6 Cr	0.59%
Eicher Motors Ltd	Equity	₹7.54 Cr	0.59%
Phoenix Mills Ltd	Equity	₹7.5 Cr	0.59%
GPT Healthcare Ltd	Equity	₹7.49 Cr	0.58%
Jyothy Labs Ltd	Equity	₹7.35 Cr	0.57%
Crompton Greaves Consumer Electricals Ltd	Equity	₹7.32 Cr	0.57%
P N Gadgil Jewellers Ltd	Equity	₹6.81 Cr	0.53%
Net Receivables / (Payables)	Cash	₹-6.72 Cr	0.52%
National Aluminium Co Ltd	Equity	₹6.61 Cr	0.52%
Tata Power Co Ltd	Equity	₹6.21 Cr	0.48%
Fortis Healthcare Ltd	Equity	₹6.08 Cr	0.47%
Can Fin Homes Ltd	Equity	₹6.07 Cr	0.47%
Future on State Bank of India	Equity - Future	₹-5.88 Cr	0.46%
UNO Minda Ltd	Equity	₹5.81 Cr	0.45%
KFin Technologies Ltd	Equity	₹5.77 Cr	0.45%
Dabur India Ltd	Equity	₹5.5 Cr	0.43%
Embassy Office Parks Reit	Bond - Asset Backed	₹5.37 Cr	0.42%
Power Finance Corporation Limited	Bond - Corporate Bond	₹5.27 Cr	0.41%
7.37% Govt Stock 2054	Bond - Gov't/Treasury	₹5.25 Cr	0.41%
Hindustan Unilever Ltd	Equity	₹5.2 Cr	0.41%
Bharti Telecom Limited	Bond - Corporate Bond	₹5.09 Cr	0.40%
08.21 RJ UDAY 2026	Bond - Gov't Agency Debt	₹5.07 Cr	0.40%
Aether Industries Ltd	Equity	₹5.07 Cr	0.40%
Ntpc Limited	Bond - Corporate Bond	₹5.01 Cr	0.39%
Muthoot Finance Limited	Bond - Corporate Bond	₹5.01 Cr	0.39%
Indian Railway Finance Corporation Ltd.	Bond - Corporate Bond	₹5 Cr	0.39%
Renserv Global Pvt Ltd. 10.18%	Bond - Corporate Bond	₹5 Cr	0.39%
6.19% Govt Stock 2034	Bond - Gov't/Treasury	₹4.77 Cr	0.37%
Titagarh Rail Systems Ltd	Equity	₹4.51 Cr	0.35%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹4.51 Cr	0.35%
Techno Electric & Engineering Co Ltd	Equity	₹4.46 Cr	0.35%
Multi Commodity Exchange of India Ltd	Equity	₹4.03 Cr	0.31%
V-Mart Retail Ltd	Equity	₹3.95 Cr	0.31%
City Union Bank Ltd	Equity	₹3.59 Cr	0.28%
ICICI Prudential Life Insurance Co Ltd	Equity	₹3.58 Cr	0.28%
Samvardhana Motherson International Ltd	Equity	₹3.48 Cr	0.27%
Dixon Technologies (India) Ltd	Equity	₹3.01 Cr	0.23%
India Infrastructure Finance Company Limited	Bond - Corporate Bond	₹2.94 Cr	0.23%
Bharat Highways InvIT Unit	Equity	₹2.35 Cr	0.18%
Future on Bajaj Finserv Ltd	Equity - Future	₹-2.07 Cr	0.16%
Bajaj Finserv Ltd	Equity	₹2.05 Cr	0.16%
Future on The Federal Bank Ltd	Equity - Future	₹-1.17 Cr	0.09%
Future on JSW Steel Ltd	Equity - Future	₹-0.85 Cr	0.07%
Future on Crompton Greaves Consumer Electricals Ltd	Equity - Future	₹-0.52 Cr	0.04%
Infosys Limited December 2024 Future	Equity - Future	₹-0.37 Cr	0.03%
Tata Motors Limited December 2024 Future	Equity - Future	₹-0.22 Cr	0.02%
Tata Motors Ltd	Equity	₹0.22 Cr	0.02%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹195.72 Cr	15.27%
Consumer Cyclical	₹110.56 Cr	8.63%
Industrials	₹103.1 Cr	8.04%
Basic Materials	₹83.69 Cr	6.53%
Technology	₹78 Cr	6.09%
Healthcare	₹72.49 Cr	5.66%
Consumer Defensive	₹66.33 Cr	5.18%
Energy	₹42.88 Cr	3.35%
Communication Services	₹23.39 Cr	1.82%
Real Estate	₹21.38 Cr	1.67%
Utilities	₹6.21 Cr	0.48%

Risk & Performance Ratios

Fund Managers

Devang Shah

Since April 2024

Aditya Pagaria

Since June 2024

Ashish Naik

Since June 2016

Hardik Shah

Since April 2024

Krishnaa N

Since December 2024

Additional Scheme Detailsas of 30th November 2024

ISIN

INF846K01EV4

Expense Ratio

1.04%

Exit Load

1.00%

Fund Size

₹1,282 Cr

Age

11 years 11 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Domestic Price of Gold

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Multi Asset Allocation Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk	1.9%	1.0%	₹3695.40 Cr	17.9%
Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk	0.9%	1.0%	₹3695.40 Cr	19.6%
Nippon India Multi Asset fund Direct Growth Very High Risk	0.3%	1.0%	₹4683.26 Cr	22.6%
Nippon India Multi Asset fund Regular Growth Very High Risk	1.5%	1.0%	₹4683.26 Cr	21.0%
SBI Multi Asset Allocation Fund Regular Growth High Risk	1.4%	1.0%	₹6985.79 Cr	14.8%
Quant Multi Asset Fund Regular Growth High Risk	1.9%	1.0%	₹3152.60 Cr	29.7%
UTI Multi Asset Fund Regular Growth High Risk	1.8%	1.0%	₹4682.25 Cr	23.1%
ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk	1.4%	1.0%	₹50987.95 Cr	18.3%
HDFC Multi - Asset Fund Regular Growth High Risk	1.9%	1.0%	₹3817.76 Cr	15.1%
Motilal Oswal Multi Asset Fund Direct Growth Very High Risk	0.9%	1.0%	₹101.09 Cr	6.7%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,16,718 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹64.72 Cr	-
Axis India Manufacturing Fund Direct Growth Very High Risk	0.4%	1.0%	₹6039.84 Cr	-
Axis Fixed Term Plan Series 118 100 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 113 1228 Days Direct Growth Low to Moderate Risk	-	0.0%	-	7.8%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 105 1128 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 112 1143 Days Direct Growth Low to Moderate Risk	-	0.0%	-	7.7%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹75.54 Cr	8.2%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹12964.37 Cr	7.8%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹833.59 Cr	21.0%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹457.49 Cr	32.4%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12854.88 Cr	26.9%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹17113.47 Cr	7.9%
Axis Equity Hybrid Fund Direct Growth Very High Risk	1.1%	1.0%	₹1615.65 Cr	18.6%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1233.51 Cr	32.8%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹6083.48 Cr	8.7%
Axis ESG Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹1334.37 Cr	20.4%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5591.95 Cr	8.3%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹323.64 Cr	12.8%
Axis Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹785.25 Cr	33.3%
Axis All Seasons Debt Fund of Funds Direct Growth Moderate Risk	0.2%	0.0%	₹138.42 Cr	8.8%
Axis Gilt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1016.50 Cr	10.2%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹33547.36 Cr	17.4%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1495.62 Cr	8.7%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹696.01 Cr	20.1%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹13289.37 Cr	19.3%
Axis Regular Saver Fund Direct Growth Very High Risk	1.0%	1.0%	₹297.87 Cr	9.5%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.5%	1.0%	₹1979.18 Cr	9.3%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹36373.17 Cr	21.5%
Axis Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹9161.75 Cr	8.5%
Axis Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹34674.32 Cr	7.5%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.0%	1.0%	₹1281.69 Cr	19.1%
Axis Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹30329.59 Cr	34.9%
Axis Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6577.09 Cr	8.0%
Axis Equity Saver Fund Direct Growth Moderately High risk	1.0%	1.0%	₹1014.59 Cr	13.5%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹2599.22 Cr	21.0%
Axis Nifty Midcap 50 Index Fund Direct Growth Low Risk	0.3%	0.0%	₹413.12 Cr	26.4%
Axis Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹140.01 Cr	27.9%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹32.01 Cr	8.1%
Axis Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹415.73 Cr	8.8%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹6050.14 Cr	7.9%
Axis Multicap Fund Direct Growth Very High Risk	0.7%	1.0%	₹6807.34 Cr	36.9%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹71.82 Cr	8.3%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth Low to Moderate Risk	0.1%	0.0%	₹276.08 Cr	6.7%
Axis Silver Fund of Funds Direct Growth Very High Risk	0.2%	0.0%	₹63.85 Cr	14.7%
Axis Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹303.16 Cr	35.2%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹506.13 Cr	7.6%
Axis Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹510.21 Cr	11.0%
Axis Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹575.83 Cr	12.6%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Axis Multi Asset Allocation Fund Direct Growth?

The NAV of Axis Multi Asset Allocation Fund Direct Growth, as of 20-Dec-2024, is ₹44.01.

What are the returns of Axis Multi Asset Allocation Fund Direct Growth?

The fund has generated 19.05% over the last 1 year and 9.73% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Axis Multi Asset Allocation Fund Direct Growth?

The fund's allocation of assets is distributed as 65.05% in equities, 17.36% in bonds, and 5.38% in cash and cash equivalents.

Who manages the Axis Multi Asset Allocation Fund Direct Growth?

The fund managers responsible for Axis Multi Asset Allocation Fund Direct Growth are:-

Devang Shah
Aditya Pagaria
Ashish Naik
Hardik Shah
Krishnaa N

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Axis Multi Asset Allocation Fund Direct Growth

Fund Overview