November 5, 2025
RA Jainee
Axis Multi-Asset Active FoF Direct-Growth
Axis Multi-Asset Active FoF Direct-Growth snapshot
| NFO opens on | 21 November 2025 |
| NFO Closes on | 05 December 2025 |
| Min. Investment | Rs. 100 |
| Plans | Growth, IDCW |
| Sahifund Verdict | Balanced multi-asset fund offering equity-debt-commodity exposure in one basket. Ideal for long-term, moderate-risk investors seeking stability and diversification. |
⏱️ Last Update: 06 November 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Axis Multi-Asset Active FoF Direct-Growth Open Date, Close Date?
NFO opens on November 21, 2025
NFO will close on December 05, 2025
Investment Strategy for this NFO?
The scheme seeks to provide long-term capital appreciation by actively managing a portfolio of equity oriented and debt oriented mutual fund schemes and commodity based ETFs.
Basic Details
| Fund House | Axis Mutual Fund |
| Issue Open | 21 November 2025 |
| Issue Close | 05 December 2025 |
| Type | Open-ended |
| Category | Hybrid: Multi Asset Allocation |
| Min. Investment(₹) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI (45), NIFTY Composite Debt Index (45), Domestic Price of Gold (5), Domestic Price of Silver (5) |
About Benchmark Index for this NFO?
X
Fund Managers of Axis Multi-Asset Active FoF Direct-Growth
1) Aditya Pagaria
Education: Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager – Fixed Income Operations.
2) Devang Shah
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
3) Mayank Hyanki
Education: Mr. Hyanki has done B.Tech and PGDM, Finance
Experience: Prior to joining Axis Mutual Fund, he has worked with Reliance, Birla Sun Life Asset Management Company Ltd and ING Investment Management (I) Pvt Ltd
4) Shreyash Devalkar
Education: Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Experience: Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
AMC
Axis Asset Management Company Ltd.
Address: 23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai – 400013
Website: http://www.axismf.com
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Axis Multi-Asset Active FoF Direct-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY 500 TRI (45), NIFTY Composite Debt Index (45), Domestic Price of Gold (5), Domestic Price of Silver (5)
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | – | – | – | – | – |
| Total Return | – | – | – | – | – |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | – | – | – |
| Beta (NIFTY 50) | – | – | – |
| Correlation (NIFTY 50) | – | – | – |
Fundamentals
| P/E | P/B | Dividend Yield |
| – | – | – |
Study about Benchmark Index in details
Past Performance of Aditya Pagaria
| Fund | Axis Banking & PSU Debt Fund | It’s Benchmark | Axis Liquid Fund | It’s Benchmark |
| 1 Year | 8.02 | 4.67 | 6.73 | 4.67 |
| 3 Year | 7.38 | 4.62 | 7.03 | 4.62 |
| 5 Year | 5.82 | 3.63 | 5.72 | 3.63 |
| 7 Year | 7.22 | 3.70 | 5.75 | 3.70 |
| 10 Year | 7.22 | 3.88 | 6.20 | 3.88 |
As on 5-11-2025
Past Performance of Devang Shah
| Fund | Axis Dynamic Bond Fund | It’s Benchmark | Axis Gilt Fund | It’s Benchmark |
| 1 Year | 7.40 | 5.53 | 5.60 | 5.63 |
| 3 Year | 7.79 | 7.17 | 7.55 | 8.62 |
| 5 Year | 5.66 | 5.38 | 5.48 | 5.97 |
| 7 Year | 7.62 | 6.24 | 7.79 | 8.28 |
| 10 Year | 7.31 | 6.24 | 7.13 | 7.80 |
As on 05-11-2025
Past Performance of Mayank Hyanki
| Fund | Axis Equity Savings Fund | It’s Benchmark | Axis Momentum Fund | It’s Benchmark |
| 1 Year | 5.42 | 7.08 | — | — |
| 3 Year | 9.94 | 11.12 | — | — |
| 5 Year | 10.19 | 11.93 | — | — |
| 7 Year | 9.33 | 10.46 | — | — |
| 10 Year | 8.46 | 9.70 | — | — |
As on 05-11-2025
Past Performance of Shreyash Devalkar
| Fund | Axis Large Cap Fund | It’s Benchmark | Axis Multicap Fund | It’s Benchmark |
| 1 Year | 6.76 | 7.54 | 6.07 | 3.99 |
| 3 Year | 11.47 | 14.70 | 22.30 | 19.03 |
| 5 Year | 13.50 | 19.07 | — | — |
| 7 Year | 13.38 | 15.35 | — | — |
| 10 Year | 12.51 | 14.11 | — | — |
As on 05-11-2025
[B] Review of Fund Managers
Aditya Pagaria
-
Background: Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College., Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager – Fixed Income Operations.
Devang Shah
-
Background: Mr. Shah is B.Com and ACA., Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Mayank Hyanki
-
Background: Mr. Hyanki has done B.Tech and PGDM, Finance, Prior to joining Axis Mutual Fund, he has worked with Reliance, Birla Sun Life Asset Management Company Ltd and ING Investment Management (I) Pvt Ltd
Shreyash Devalkar
-
Background: Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University, Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Sahifund Verdict:
Axis Multi-Asset Active FoF Direct-Growth — NFO Review
(By Paresh Gordhandas, C.A. & Research Analyst)
Axis Mutual Fund introduces its Multi-Asset Active FoF, designed to deliver long-term wealth creation through dynamic allocation across equity, debt, gold, and silver ETFs. The fund’s benchmark mix (45% equity, 45% debt, 5% gold, 5% silver) ensures risk diversification and smoother returns across market cycles.
The AMC’s fund management team — Aditya Pagaria, Devang Shah, Mayank Hyanki, and Shreyash Devalkar — brings a strong track record across asset classes, ensuring a balanced and research-driven approach. While the strategy benefits from diversification and active allocation flexibility, returns will depend on timely rebalancing between volatile asset categories.
Given its structure as a Fund of Funds (FoF), investors should note that it carries an additional expense layer versus direct hybrid schemes. However, it may appeal to moderate-risk investors seeking one-stop diversified exposure across asset classes in a single fund.
Sahifund Verdict: A suitable option for investors with a 3–5 year horizon who want asset class diversification without managing rebalancing themselves. Good for SIP or staggered entry; conservative investors may stay cautious during initial months of performance build-up.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Axis Multi-Asset Active FoF Direct-Growth NFO?
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