Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment

Hybrid
Direct
Multi Asset Allocation
Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment

About the Fund

Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment 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

  1. Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment has ₹1197 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.

Returns

Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment has given a CAGR return of 11.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.02%, 11.55% and 14.61% respectively.

Holdings

Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment has allocated its funds majorly in Government, Financial Services, Corporate, Cash Equivalent, Industrial, Basic Materials, Consumer Defensive, Health, Tech, Energy, Consumer Cyclical, Securitize, Communication, Utilities, Real Estate.

Taxation

As it is a multi asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment

The Scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold Exchange Traded Funds.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
6 people have invested ₹ 63.5K in Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment in the last three months

Fund Overview

Expense ratio1.21%
Benchmark
IISL Nifty 50 TR INR
AUM₹1197 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
46.13%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 71.6%

  • Debt & Cash 15.1%

Large cap
47.8%

Mid cap
11.3%

Small cap
11.1%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
24.1%
Industrial
18.5%
Basic Materials
10.8%
Consumer Defensive
9.8%
Health
8.6%
Tech
7.6%
Energy
7.2%
Consumer Cyclical
6.9%
Communication
2.6%
Utilities
2.2%
Real Estate
1.7%
All changes are between Oct'69 and Dec'69

R Sivakumar
R Sivakumar
Fund Manager of Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment, since 14 September 2010
Ashish Naik
Ashish Naik
Fund Manager of Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment, since 22 June 2016

Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.02% since inception which is less than its category average return of 12.89%
Fund Allocations

Fund Allocations

This fund has an allocation of 71.56% in Equity, 12.06% in Debt and 3.07% in Cash related instruments
AUM size ₹1197 Cr

AUM size ₹1197 Cr

This fund has AUM of ₹1197 Cr which is less than its category average of ₹ 3285 Cr
Expense Ratio 1.21%

Expense Ratio 1.21%

This fund has an expense ratio of 1.21% which is more than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment is ₹25.46 as on 24-Jun-2024.
Existing (Absolute + CAGR) as on 24-Jun-2024.
Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment
Absolute Returns
CAGR Returns
1 Month Returns
2.95%
2.95%
6 Month Returns
11.53%
11.53%
1 Year Returns
22.02%
22.02%
3 Years Returns
38.8%
11.55%
5 Years Returns
97.75%
14.61%
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.
1.21% as on May 2024
₹1197 Cr as on May 2024
Axis Gold ETF(8.75%), Axis Silver ETF(4.9%), ICICI Bank Ltd(4.29%), HDFC Bank Ltd(4.1%), Reliance Industries Ltd(2.94%) as on May 2024
Financial Services(17.24%), Government(15.5%), Industrial(13.21%) as on May 2024
AAA
88.33
AA
7.79
A
3.88
R Sivakumar, Ashish Naik are the fund managers of Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment
The Exit load of Axis Multi Asset Allocation Fund - Regular Monthly IDCW reinvestment is 1%