Axis Multicap Fund Direct Growth

Fund Overview

Fund Size

₹6,749 Cr

Expense Ratio

0.78%

ISIN

INF846K013E0

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

17 Dec 2021

About this fund

Axis Multicap Fund Direct Growth is a Multi-Cap mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 3 years, 2 months and 5 days, having been launched on 17-Dec-21.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹16.53, Assets Under Management (AUM) of 6748.60 Crores, and an expense ratio of 0.78%.

Axis Multicap Fund Direct Growth has given a CAGR return of 17.11% since inception.
The fund's asset allocation comprises around 91.46% in equities, 0.00% in debts, and 8.54% in cash & cash equivalents.
You can start investing in Axis Multicap 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

+11.99%

+5.14% (Cat Avg.)

3 Years

+19.82%

+17.04% (Cat Avg.)

Since Inception

+17.11%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2025

Equity	₹6,172.28 Cr	91.46%
Others	₹576.32 Cr	8.54%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹328.17 Cr	4.86%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹320.51 Cr	4.75%
ICICI Bank Ltd	Equity	₹289.2 Cr	4.29%
Net Receivables / (Payables)	Cash	₹255.81 Cr	3.79%
Persistent Systems Ltd	Equity	₹207.87 Cr	3.08%
Infosys Ltd	Equity	₹185.42 Cr	2.75%
Minda Corp Ltd	Equity	₹165.57 Cr	2.45%
Mahindra & Mahindra Ltd	Equity	₹163.82 Cr	2.43%
Blue Star Ltd	Equity	₹162.45 Cr	2.41%
Fortis Healthcare Ltd	Equity	₹153.59 Cr	2.28%
Reliance Industries Ltd	Equity	₹139.47 Cr	2.07%
Brigade Enterprises Ltd	Equity	₹129.8 Cr	1.92%
Bharti Airtel Ltd	Equity	₹128.13 Cr	1.90%
State Bank of India	Equity	₹108.43 Cr	1.61%
Larsen & Toubro Ltd	Equity	₹104.08 Cr	1.54%
Granules India Ltd	Equity	₹92.68 Cr	1.37%
Phoenix Mills Ltd	Equity	₹88.14 Cr	1.31%
Bajaj Finance Ltd	Equity	₹84.51 Cr	1.25%
GE Vernova T&D India Ltd	Equity	₹81.71 Cr	1.21%
Firstsource Solutions Ltd	Equity	₹81.58 Cr	1.21%
Anant Raj Ltd	Equity	₹76.71 Cr	1.14%
Bharat Electronics Ltd	Equity	₹75.72 Cr	1.12%
Cholamandalam Investment and Finance Co Ltd	Equity	₹75.52 Cr	1.12%
Solar Industries India Ltd	Equity	₹74.98 Cr	1.11%
ITC Ltd	Equity	₹72.55 Cr	1.07%
Multi Commodity Exchange of India Ltd	Equity	₹67.98 Cr	1.01%
Krishna Institute of Medical Sciences Ltd	Equity	₹63.35 Cr	0.94%
Zomato Ltd	Equity	₹60.69 Cr	0.90%
eClerx Services Ltd	Equity	₹59.63 Cr	0.88%
J.B. Chemicals & Pharmaceuticals Ltd	Equity	₹59.39 Cr	0.88%
Sun Pharmaceuticals Industries Ltd	Equity	₹58.07 Cr	0.86%
Premier Energies Ltd	Equity	₹55.91 Cr	0.83%
Mankind Pharma Ltd	Equity	₹54.68 Cr	0.81%
Jyoti CNC Automation Ltd	Equity	₹54.5 Cr	0.81%
Cipla Ltd	Equity	₹54 Cr	0.80%
Voltas Ltd	Equity	₹53.73 Cr	0.80%
Apar Industries Ltd	Equity	₹53.06 Cr	0.79%
KEI Industries Ltd	Equity	₹51.71 Cr	0.77%
Sansera Engineering Ltd	Equity	₹50.59 Cr	0.75%
Power Grid Corp Of India Ltd	Equity	₹48.26 Cr	0.72%
Kaynes Technology India Ltd	Equity	₹47.94 Cr	0.71%
PG Electroplast Ltd	Equity	₹47.07 Cr	0.70%
NTPC Ltd	Equity	₹46.4 Cr	0.69%
Trent Ltd	Equity	₹45.69 Cr	0.68%
CG Power & Industrial Solutions Ltd	Equity	₹45.55 Cr	0.68%
V-Guard Industries Ltd	Equity	₹45.15 Cr	0.67%
Jubilant Foodworks Ltd	Equity	₹41.43 Cr	0.61%
Tata Motors Ltd	Equity	₹40.91 Cr	0.61%
Divi's Laboratories Ltd	Equity	₹40.07 Cr	0.59%
Mphasis Ltd	Equity	₹39.91 Cr	0.59%
Awfis Space Solutions Ltd	Equity	₹39.77 Cr	0.59%
HDFC Life Insurance Co Ltd	Equity	₹38.88 Cr	0.58%
REC Ltd	Equity	₹38.83 Cr	0.58%
DOMS Industries Ltd	Equity	₹37.54 Cr	0.56%
Lupin Ltd	Equity	₹37.45 Cr	0.55%
Indian Bank	Equity	₹36.45 Cr	0.54%
Narayana Hrudayalaya Ltd	Equity	₹36.06 Cr	0.53%
Titan Co Ltd	Equity	₹35.36 Cr	0.52%
Ambuja Cements Ltd	Equity	₹35.27 Cr	0.52%
Vishal Mega Mart Ltd	Equity	₹34.99 Cr	0.52%
Galaxy Surfactants Ltd	Equity	₹34.7 Cr	0.51%
Karur Vysya Bank Ltd	Equity	₹34.44 Cr	0.51%
UltraTech Cement Ltd	Equity	₹34.42 Cr	0.51%
Dixon Technologies (India) Ltd	Equity	₹34.33 Cr	0.51%
Varun Beverages Ltd	Equity	₹34.15 Cr	0.51%
Cummins India Ltd	Equity	₹33.46 Cr	0.50%
UNO Minda Ltd	Equity	₹32.9 Cr	0.49%
International Gemmological Institute (India) Ltd	Equity	₹32.49 Cr	0.48%
TVS Motor Co Ltd	Equity	₹32.44 Cr	0.48%
Rainbow Childrens Medicare Ltd	Equity	₹32.41 Cr	0.48%
Computer Age Management Services Ltd Ordinary Shares	Equity	₹32.27 Cr	0.48%
Schaeffler India Ltd	Equity	₹31.93 Cr	0.47%
Tata Consultancy Services Ltd	Equity	₹31.87 Cr	0.47%
Info Edge (India) Ltd	Equity	₹30.81 Cr	0.46%
Hitachi Energy India Ltd Ordinary Shares	Equity	₹30.43 Cr	0.45%
United Spirits Ltd	Equity	₹29.53 Cr	0.44%
PB Fintech Ltd	Equity	₹29.52 Cr	0.44%
ICICI Prudential Life Insurance Co Ltd	Equity	₹28.85 Cr	0.43%
Suzlon Energy Ltd	Equity	₹28.84 Cr	0.43%
Arvind Fashions Ltd	Equity	₹28.78 Cr	0.43%
InterGlobe Aviation Ltd	Equity	₹28.54 Cr	0.42%
PI Industries Ltd	Equity	₹27.71 Cr	0.41%
HDFC Asset Management Co Ltd	Equity	₹27.36 Cr	0.41%
Chalet Hotels Ltd	Equity	₹26.98 Cr	0.40%
Zydus Lifesciences Ltd	Equity	₹26.39 Cr	0.39%
Bajaj Auto Ltd	Equity	₹26.25 Cr	0.39%
Go Fashion (India) Ltd	Equity	₹25.75 Cr	0.38%
Life Insurance Corporation of India	Equity	₹25.72 Cr	0.38%
DLF Ltd	Equity	₹25.57 Cr	0.38%
The Federal Bank Ltd	Equity	₹24.34 Cr	0.36%
Jupiter Life Line Hospitals Ltd	Equity	₹23.81 Cr	0.35%
Hyundai Motor India Ltd	Equity	₹23.36 Cr	0.35%
Premier Energies Limited-Locked In	Equity	₹22.48 Cr	0.33%
CCL Products (India) Ltd	Equity	₹22.44 Cr	0.33%
PNB Housing Finance Ltd	Equity	₹22.31 Cr	0.33%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹22.18 Cr	0.33%
Jindal Steel & Power Ltd	Equity	₹21.63 Cr	0.32%
Sai Life Sciences Ltd	Equity	₹21.4 Cr	0.32%
Vedant Fashions Ltd	Equity	₹21.38 Cr	0.32%
Voltamp Transformers Ltd	Equity	₹20.9 Cr	0.31%
Swiggy Ltd	Equity	₹20.5 Cr	0.30%
Prestige Estates Projects Ltd	Equity	₹20.45 Cr	0.30%
Godrej Properties Ltd	Equity	₹19.83 Cr	0.29%
Rolex Rings Ltd	Equity	₹19.71 Cr	0.29%
JK Cement Ltd	Equity	₹19.68 Cr	0.29%
Sona BLW Precision Forgings Ltd	Equity	₹16.89 Cr	0.25%
Craftsman Automation Ltd	Equity	₹16.79 Cr	0.25%
Jyothy Labs Ltd	Equity	₹16.72 Cr	0.25%
Berger Paints India Ltd	Equity	₹16.67 Cr	0.25%
Torrent Pharmaceuticals Ltd	Equity	₹16.49 Cr	0.24%
Hindalco Industries Ltd	Equity	₹16.05 Cr	0.24%
Rategain Travel Technologies Ltd	Equity	₹15.14 Cr	0.22%
Central Depository Services (India) Ltd	Equity	₹14.73 Cr	0.22%
Grindwell Norton Ltd	Equity	₹12.56 Cr	0.19%
Sapphire Foods India Ltd	Equity	₹11.58 Cr	0.17%
Motherson Sumi Wiring India Ltd	Equity	₹11.55 Cr	0.17%
Vodafone Idea Ltd	Equity	₹11.14 Cr	0.17%
Colgate-Palmolive (India) Ltd	Equity	₹10.25 Cr	0.15%
Samvardhana Motherson International Ltd	Equity	₹7.89 Cr	0.12%
Techno Electric & Engineering Co Ltd	Equity	₹6.53 Cr	0.10%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹5.93 Cr	0.09%
TTK Prestige Ltd	Equity	₹5.72 Cr	0.08%
Honeywell Automation India Ltd	Equity	₹4.26 Cr	0.06%
ITC Hotels Ltd	Equity	₹2.64 Cr	0.04%
Vijaya Diagnostic Centre Ltd	Equity	₹1.18 Cr	0.02%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹1,275.23 Cr	18.90%
Industrials	₹1,029.88 Cr	15.26%
Consumer Cyclical	₹982.37 Cr	14.56%
Technology	₹821.43 Cr	12.17%
Healthcare	₹776.96 Cr	11.51%
Real Estate	₹360.49 Cr	5.34%
Basic Materials	₹313.59 Cr	4.65%
Consumer Defensive	₹185.64 Cr	2.75%
Communication Services	₹170.07 Cr	2.52%
Energy	₹139.47 Cr	2.07%
Utilities	₹94.67 Cr	1.40%

Risk & Performance Ratios

Fund Managers

Shreyash Devalkar

Since March 2023

Hitesh Das

Since May 2023

Nitin Arora

Since May 2023

Additional Scheme Detailsas of 31st January 2025

ISIN

INF846K013E0

Expense Ratio

0.78%

Exit Load

1.00%

Fund Size

₹6,749 Cr

Age

3 years 2 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 Multicap 50:25:25 TR INR

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-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Groww Multi Cap Fund Direct Growth Moderately High risk	0.5%	0.0%	-	-
Groww Multi Cap Fund Regular Growth Moderately High risk	2.3%	0.0%	-	-
HSBC Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4253.86 Cr	4.5%
HSBC Multi Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4253.86 Cr	3.1%
Tata Multicap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2934.61 Cr	-1.8%
Tata Multicap Fund Regular Growth Very High Risk	1.9%	1.0%	₹2934.61 Cr	-3.3%
HDFC S&P BSE 500 ETF Very High Risk	0.3%	-	₹15.80 Cr	3.0%
LIC MF Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹1389.63 Cr	13.1%
LIC MF Multi Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1389.63 Cr	11.2%
SBI Multicap Fund Direct Growth Very High Risk	0.9%	1.0%	₹18769.04 Cr	13.0%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,27,150 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%	₹60.60 Cr	7.5%
Axis India Manufacturing Fund Direct Growth Very High Risk	0.5%	1.0%	₹5517.88 Cr	10.5%
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%	₹92.41 Cr	7.7%
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%	₹76.51 Cr	7.6%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹74.64 Cr	8.0%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹12968.72 Cr	7.9%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹874.46 Cr	25.5%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹445.10 Cr	1.4%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12125.40 Cr	8.5%
Axis Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹17744.78 Cr	7.9%
Axis Equity Hybrid Fund Direct Growth Very High Risk	1.1%	1.0%	₹1529.76 Cr	9.4%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1157.43 Cr	15.0%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹6132.90 Cr	8.5%
Axis ESG Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹1249.20 Cr	7.7%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5848.46 Cr	7.9%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹338.80 Cr	27.9%
Axis Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹784.67 Cr	10.7%
Axis All Seasons Debt Fund of Funds Direct Growth Moderately High risk	0.2%	0.0%	₹137.62 Cr	8.2%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹934.26 Cr	8.3%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹32271.39 Cr	7.0%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1366.81 Cr	7.9%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹793.50 Cr	36.1%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹12349.87 Cr	6.0%
Axis Regular Saver Fund Direct Growth Very High Risk	1.0%	1.0%	₹266.92 Cr	8.0%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.6%	1.0%	₹1981.41 Cr	8.8%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹34496.58 Cr	9.2%
Axis Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹8780.65 Cr	8.4%
Axis Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹43033.62 Cr	7.5%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.1%	1.0%	₹1316.16 Cr	11.6%
Axis Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹28380.17 Cr	11.4%
Axis Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5963.66 Cr	8.0%
Axis Equity Saver Fund Direct Growth Moderately High risk	1.0%	1.0%	₹967.80 Cr	7.2%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹2652.06 Cr	11.7%
Axis Nifty Midcap 50 Index Fund Direct Growth Low Risk	0.3%	0.0%	₹405.73 Cr	2.4%
Axis Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹140.82 Cr	10.3%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹32.44 Cr	8.1%
Axis Credit Risk Fund Direct Growth High Risk	0.8%	1.0%	₹411.36 Cr	8.7%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5681.17 Cr	7.8%
Axis Multicap Fund Direct Growth Very High Risk	0.8%	1.0%	₹6748.60 Cr	12.0%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹75.37 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%	₹275.37 Cr	7.5%
Axis Silver Fund of Funds Direct Growth Very High Risk	0.2%	0.0%	₹69.73 Cr	34.8%
Axis Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹290.46 Cr	3.9%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹458.92 Cr	7.6%
Axis Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹528.62 Cr	7.9%
Axis Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹603.54 Cr	4.4%

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 Multicap Fund Direct Growth?

The NAV of Axis Multicap Fund Direct Growth, as of 21-Feb-2025, is ₹16.53.

What are the returns of Axis Multicap Fund Direct Growth?

The fund has generated 11.99% over the last 1 year and 19.82% 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 Multicap Fund Direct Growth?

The fund's allocation of assets is distributed as 91.46% in equities, 0.00% in bonds, and 8.54% in cash and cash equivalents.

Who manages the Axis Multicap Fund Direct Growth?

The fund managers responsible for Axis Multicap Fund Direct Growth are:-

Shreyash Devalkar
Hitesh Das
Nitin Arora

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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Fund Overview

Fund Size

₹6,749 Cr

Expense Ratio

0.78%

ISIN

INF846K013E0

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

17 Dec 2021

Risk Level

Your principal amount will be at Very High Risk