December 12, 2023
mayank
Axis Multicap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 13.3000
NAV IDCW: Rs 13.2900
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund is mandated to invest at least 25 per cent of its money each in stocks of large, medium and small-sized companies. Such funds can be fairly volatile since at least 50% of their assets will always be invested in mid and small cap stocks which generally experience more severe ups and downs. This makes them suitable for long-term investors who don’t mind higher risk, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest only through the SIP route.
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) 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
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.
4) Sachin Jain
Education: Mr. Jain is a B.Tech, AGMP (Management)
Experience: Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
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 | 16-Dec-21 |
| Return Since Launch | 15.44% |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 4,622 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.47% |
| (As on 31-Oct-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Axis Multicap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Multicap Fund Dir | 32.34 | 0.38 | 6.66 | 7.61 | 23.03 | 29.45 | — | — | — | — |
| S&P BSE 500 TRI | 22.26 | 0.36 | 8.79 | 6.35 | 18.53 | 19.33 | — | — | — | — |
| Equity: Multi Cap | 30.45 | 0.55 | 8.01 | 6.86 | 22.89 | 27.48 | — | — | — | — |
| Rank within category | 5 | 17 | 22 | 8 | 9 | 6 | — | — | — | — |
| Number of funds in category | 16 | 23 | 23 | 21 | 19 | 15 | 0 | 0 | 0 | 0 |
Peer Comparison of Axis Multicap Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Multicap Fund Dir | Unrated | 29.45 | — | — | 0.47 | 4,622 | 15.44 | 1.00 (365) | 1Y 11M | — |
| Nippon Ind Multi Cap Dir | Unrated | 33.27 | 33.75 | 20.47 | 0.89 | 22,695 | 16.68 | 1.00 (365) | 10Y 11M | 33.00 |
| SBI Multicap Dir | Unrated | 19.83 | — | — | 0.93 | 13,807 | 16.61 | 1.00 (365) | 1Y 9M | 31.00 |
| HDFC Multi Cap Dir | Unrated | 34.79 | — | — | 0.53 | 10,000 | 24.12 | 1.00 (365) | 2Y | 10.24 |
| ICICI Pru Multicap Dir | Unrated | 28.51 | 24.99 | 18.65 | 1.03 | 9,515 | 16.70 | 1.00 (365) | 10Y 11M | 84.00 |
Portfolio Analysis of Axis Multicap Fund
| No. of Stocks | 62 |
| Top 10 Stocks | 37.84% |
| Top 5 Stocks | 22.72% |
| Top 3 Sectors | 50.03% |
| Portfolio P/B Ratio | 5.45 |
| Portfolio P/E Ratio | 34.39 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 59,346 | 60,692 |
| Giant (%) | 26.49 | 29.82 |
| Large (%) | 15.97 | 18.52 |
| Mid (%) | 47.99 | 38.47 |
| Small (%) | 9.54 | 13.18 |
| Tiny (%) | — | — |
How to Invest in Axis Multicap Fund?
Chanakya’s Mutual Fund Guidance For Axis Multicap Fund
Do not invest in this, or any other multi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.axismf.com/mutual-funds
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