January 16, 2026
RA Jainee
Axis Multicap Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 18.69 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 18.69 |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 6 |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI |
| AUM Rs. | 9,271 Cr |
| (As on 31-Dec-2025) | |
| Expense | 0.72% |
| 1 Year Return (%) | 6.01 |
| 3 Year Return (%) | 23.42 |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 16.57% |
⚖️ Sahifund Review – Axis Multicap Fund ✔
PLUS: Stability, track record, cost efficiency
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MINUS: Large AUM, large-cap bias, momentum lag
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Sahifund View (Decisive Line):
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| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
Multi-cap funds are suitable for investors:
1. Seeking exposure in a diversified set of stocks for high returns
2. Aiming for long-term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization.
Fund Manager:
1) Hitesh Das
Education: Mr. Das is a PGDM, M.Tech, B.Tech
Experience: Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.
2 ) Nitin Arora
Education: Mr. Arora has done M.Sc in Finance and Investments
Experience: Prior to joining Axis Mutual Fund, he has worked with Aviva Life Insurance Company India Ltd., Emkay Global Financial Services Ltd., Nirmal Bang Institutional Equities Ltd. and Bloomberg UTV Ltd..
3) 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.
Investment Details
| Min. Investment (Rs.) | 100 |
| Min. Addl Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 100 |
| Min. Withdrawal (Rs.) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs.) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details of Axis Multicap Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 17-Dec-21 |
| Return Since Launch | 16.57% |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets (Rs.) | 9,271 Cr |
| (As on 31-Dec-2025) | |
| Expense | 0.72% |
| (As on 31-Dec-2025) | |
| Risk Grade | Average |
| Return Grade | High |
| Turnover | 45.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Multicap Dir | -1.89 | 0.00 | -1.42 | -1.11 | 0.27 | 6.01 | 23.42 | — | — | — |
| VR Multicap TRI | -2.02 | 0.09 | -1.45 | -0.08 | -1.37 | 7.33 | 18.37 | — | — | — |
| Equity: Multi Cap | -1.80 | 0.04 | -1.44 | -0.37 | -0.73 | 7.11 | 19.58 | — | — | — |
| Rank within category | 23 | 21 | 21 | 25 | 14 | 25 | 2 | — | — | — |
| Number of funds in category | 37 | 37 | 37 | 37 | 36 | 34 | 16 | 8 | 0 | 0 |
Peer Comparison of Axis Multicap Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs.) (Rs. Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Multicap Dir | 4 star | 6.01 | 23.42 | — | 0.72 | 9,271 | 16.57 | 1.00 (365) | 4Y | 45.00 |
| Nippon India Multi Cap Dir | 5 star | 7.66 | 21.70 | 23.92 | 0.71 | 50,352 | 16.31 | 1.00 (365) | 13Y | 27.00 |
| Kotak Multicap Dir | 4 star | 11.98 | 24.75 | — | 0.45 | 23,057 | 19.04 | 1.00 (365) | 4Y 3M | 37.19 |
| HDFC Multi Cap Dir | 4 star | 6.27 | 20.51 | — | 0.77 | 19,885 | 17.99 | 1.00 (365) | 4Y 1M | 27.30 |
| ICICI Pru Multicap Dir | 4 star | 8.37 | 20.31 | 19.22 | 0.93 | 16,263 | 16.32 | 1.00 (365) | 13Y | 94.00 |
Portfolio Analysis of Axis Multicap Fund
| No. of Stocks | 127 |
| Top 10 Stocks | 25.59% |
| Top 5 Stocks | 16.82% |
| Top 3 Sectors | 57.84% |
| Portfolio P/B Ratio | 4.47 |
| Portfolio P/E Ratio | 31.99 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs. Cr) | 1,19,362 | 96,064 |
| Giant (%) | — | — |
| Large (%) | 46.30 | 43.29 |
| Mid (%) | 27.75 | 26.96 |
| Small (%) | 25.95 | 29.75 |
| Tiny (%) | — | — |
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Apply Online: https://www.axismf.com/Online/Login OR https://www.axismf.com/mutual-funds
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