Axis Multi Asset Allocation Fund Direct Plan Growth Option
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 35.8 as on 20-09-2023
Fund Performance
639 people have invested ₹ 44.8L in Axis Multi Asset Allocation Fund Direct Plan Growth Option in the last three months
Fund Insights
Over the last 3 months, this fund has experienced a 6.7% drop in AUM moving from 1.46K Cr to 1.36K Cr.
Over the last 3 months, this fund has increased expense ratio by 13.9% moving from 0.72 to 0.82.
This fund has one of the lowest expense ratio in the category (multi asset allocation). Its expense ratio is 0.82% which is lower than the category average expense ratio of 1.41%.
In the last 3 years, ICICI Prudential Multi-Asset Fund Direct Plan Growth has given 28.53% return, outperforming this fund by 13.96% per annum.
In the last 5 years, Quant Multi Asset Fund Growth Option Direct Plan has given 23.27% return, outperforming this fund by 10.89% per annum.
In the last 1 year, ICICI Prudential Multi-Asset Fund Direct Plan Growth has given 22.97% return, outperforming this fund by 15.83%.
About the Fund
Axis Multi Asset Allocation Fund Direct Plan Growth Option is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by R Sivakumar, Ashish Naik. This fund gives you the benefit of diversification.
Key Parameters
- Axis Multi Asset Allocation Fund Direct Plan Growth Option has ₹1365 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.8.
Axis Multi Asset Allocation Fund Direct Plan Growth Option Overview
 | 0.82% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹1365 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 46.13% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
59%
Mid cap
8.6%
Small cap
7.1%
Sector Allocation
Financial Services
33.6%
Consumer Cyclical
13%
Basic Materials
12.9%
Tech
11.5%
Consumer Defensive
9.9%
Industrial
9.1%
Energy
5.7%
Health
4.3%
Top Holdings of Axis Multi Asset Allocation Fund Direct Plan Growth Option as on (31-Aug-23)
Equity Holdings46
Debt Holdings13
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Axis Gold ETF | 13.04% | -6.4% | |
 Bajaj Finance Ltd | 6.1% | -5.3% | |
 ICICI Bank Ltd | 5.51% | -5.1% | |
 HDFC Bank Ltd | 5.24% | 128% | |
 Avenue Supermarts Ltd | 5.13% | 0% |
See all
Axis Multi Asset Allocation Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.4K Cr as of Aug'23
- AUM decreased by 67 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Axis Multi Asset Allocation Fund Direct Plan Growth Option Fund Manager
R Sivakumar
Fund Manager of Axis Multi Asset Allocation Fund Direct Plan Growth Option, since 14 September 2010
Top funds managed
Ashish Naik
Fund Manager of Axis Multi Asset Allocation Fund Direct Plan Growth Option, since 22 June 2016
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 10.17% since inception which is less than its category average return of 10.52%
Fund Allocations
This fund has an allocation of 76.5% in Equity, 9.74% in Debt and 0.96% in Cash related instruments
AUM size ₹1365 Cr
This fund has AUM of ₹1365 Cr which is less than its category average of ₹ 2118 Cr
Expense Ratio 0.82%
This fund has an expense ratio of 0.82% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions
The current NAV of Axis Multi Asset Allocation Fund Direct Plan Growth Option is ₹35.81 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
Axis Multi Asset Allocation Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 3.03% | 3.03% |
6 Month Returns | 14.05% | 14.05% |
1 Year Returns | 7.14% | 7.14% |
3 Years Returns | 50.39% | 14.57% |
5 Years Returns | 79.23% | 12.38% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.82% as on August 2023
₹1365 Cr as on August 2023
Axis Gold ETF(13.04%), Bajaj Finance Ltd(6.1%), ICICI Bank Ltd(5.51%), HDFC Bank Ltd(5.24%), Avenue Supermarts Ltd(5.13%) as on August 2023
Financial Services(25.7%), Corporate(11.46%), Government(10.33%) as on August 2023
AAA | 96.53 |
AA | 3.47 |
R Sivakumar, Ashish Naik are the fund managers of Axis Multi Asset Allocation Fund Direct Plan Growth Option
The Exit load of Axis Multi Asset Allocation Fund Direct Plan Growth Option is 1%