Axis Multicap Fund is a Multi Cap fund run by Axis Mutual Fund. On 30-09-2026, it managed ₹11,972 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 18.7% a year and its Regular plan returned 17.4% a year. Its benchmark, Nifty500 Multicap 50:25:25 TRI, returned 11.3% a year over the same 3 years.
NAV (Direct plan)
₹20.12
▼ 0.45% · 30-10-2026
NAV (Regular plan)
₹18.93
▼ 0.47% · 30-10-2026
Expense ratio
0.93%Direct1.99%Regular
0.93%
A year
Riskometer
Very High
Set by the fund house
3 year return
18.7%Direct17.4%Regular
18.7%
A year
Axis Multicap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹20.12 (down 0.45% that day); Regular Plan Growth ₹18.93 (down 0.47% that day).
This fund (Direct plan)
₹20.12
Axis Multicap Fund Returns vs Nifty500 Multicap 50:25:25 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−1.18%
+0.20%
+7.65%
+3.76%
+18.70%
--
--
This fund (Regular)
−1.25%
−0.05%
+7.07%
+2.66%
+17.40%
--
--
Nifty500 Multicap 50:25:25 TRI
−1.85%
−6.19%
−2.20%
−6.04%
+11.26%
+10.51%
--
Multi Cap average
−2.65%
−3.95%
+1.99%
−1.14%
+13.54%
--
--
Best in Multi Cap
−1.18%
+3.90%
+17.42%
+10.28%
+18.70%
--
--
Worst in Multi Cap
−5.15%
−8.29%
−5.16%
−9.57%
+5.07%
--
--
Rank in Multi Cap
1/33
3/32
3/32
5/32
1/23
--
--
Category rows compare the Direct plans of 33 Multi Cap funds. Rank 1 is the highest return.
Axis Multicap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty500 Multicap 50:25:25 TRI
2026to date
+5.62%
+4.70%
−5.56%
2025
+2.42%
+1.35%
+5.29%
2024
+33.81%
+32.25%
+19.34%
2023
+38.31%
+36.40%
+33.74%
2022
−0.20%
−1.79%
+2.84%
Axis Multicap Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 463 periods, one for each trading day from 23-12-2024 to 30-10-2026.
0%5%10%15%20%25%30%
Axis Multicap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Feb 2022 to Feb 2025Jun 2022 to Jun 2025Oct 2022 to Oct 2025Jan 2023 to Jan 2026May 2023 to May 2026Sept 2023 to Sept 2026
Axis Multicap Fund (Direct)Nifty500 Multicap 50:25:25 TRI
0%
0%
Below 0%
0%
0%
0-5%
0%
0%
5-10%
0%
20%
10-15%
16%
66%
15-20%
72%
13%
20-25%
12%
1%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
955
14.4%
−4.2%
60.0%
7%
9.0%
87%
2 years
709
25.3%
2.3%
42.3%
0%
20.6%
98%
3 years
463
22.6%
17.0%
29.6%
0%
17.6%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
47
14.2%
−12.5%
60.9%
11%
12.2%
87%
2 years
35
17.7%
−3.5%
50.7%
3%
12.0%
100%
3 years
23
20.7%
7.6%
33.0%
0%
15.1%
100%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty500 Multicap 50:25:25 TRI over the same days. Past returns do not promise future returns.
Axis Multicap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Axis Multicap Fund (Direct)This fund
Nifty500 Multicap 50:25:25 TRI
Return (CAGR)
+3.76%
−6.04%
Standard deviation
15.43%
15.02%
Sharpe ratio
-0.10
-0.75
Sortino ratio
-0.13
-1.00
Maximum drawdown
−13.2%
(23-03-2026)
−14.6%
(30-03-2026)
Beta
1.00
1.00
Alpha
+9.82%
0.00%
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Axis Multicap Fund (Direct)This fund
Nifty500 Multicap 50:25:25 TRI
Return (CAGR)
+18.70%
+11.26%
Standard deviation
14.93%
15.12%
Sharpe ratio
0.85
0.35
Sortino ratio
1.16
0.46
Maximum drawdown
−18.1%
(28-02-2025)
−19.8%
(03-03-2025)
Beta
0.96
1.00
Alpha
+7.66%
0.00%
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Axis Multicap Fund (Direct)This fund
Nifty500 Multicap 50:25:25 TRI
Return (CAGR)
+15.48%
+11.08%
Standard deviation
13.92%
14.91%
Sharpe ratio
0.69
0.35
Sortino ratio
0.94
0.46
Maximum drawdown
−18.1%
(28-02-2025)
−19.8%
(03-03-2025)
Beta
0.89
1.00
Alpha
+4.98%
0.00%
From daily NAVs, 23-12-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−20%−15%−10%−5%0%
Axis Multicap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
20222023202420252026
Axis Multicap Fund (Direct)Nifty500 Multicap 50:25:25 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Axis Multicap Fund (Direct)
−18.1%
26-09-2024
28-02-2025
29-10-2025
8 months
−5.7%
Nifty500 Multicap 50:25:25 TRI
−19.8%
26-09-2024
03-03-2025
03-08-2026
17 months
−8.0%
From the Direct plan's daily NAV since 23-12-2021, adjusted for unit splits, and Nifty500 Multicap 50:25:25 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Axis Multicap Fund vs Other Multi Cap Funds
The five Multi Cap funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Axis Multicap Fund Expense Ratio and Costs
What each plan charges a year, in force from 22-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Multi Cap median
Cost rank (1 = cheapest)
Direct
0.59%
0.08%
0.00%
0.26%
0.93%
0.96%
13/33
Regular
1.48%
0.08%
0.00%
0.43%
1.99%
2.21%
6/33
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Multi Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
2.66%
3.76%
1.10%
₹1,02,660
₹1,03,760
3 years
17.40%
18.70%
1.30% a year
₹1,61,810
₹1,67,245
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Axis Multicap Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 23-12-2021 to 30-10-2026: 59 instalments, ₹5,90,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planAxis Multicap Fund (Direct)
₹5,90,000
₹8,75,278
₹2,85,278
16.1%
Regular planAxis Multicap Fund (Regular)
₹5,90,000
₹8,46,638
₹2,56,638
14.7%
Nifty500 Multicap 50:25:25 TRI
₹5,90,000
₹7,38,003
₹1,48,003
9.1%
Category averageCategory average, 33 Multi Cap funds
₹5,90,000
₹7,96,617
₹2,06,617
12.2%
₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L₹10.0 L
Direct planAxis Multicap Fund (Direct)
Regular planAxis Multicap Fund (Regular)
Nifty500 Multicap 50:25:25 TRI
Category averageCategory average, 33 Multi Cap funds
Amount invested
20222023202420252026
Direct planAxis Multicap Fund (Direct)Regular planAxis Multicap Fund (Regular)Nifty500 Multicap 50:25:25 TRICategory averageCategory average, 33 Multi Cap fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Multicap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
95.4%Equity
Asset
Fund
Category
Equity
95.4%
94.9%
Cash and others
4.6%
4.5%
Market cap of stocks
Market cap
Fund
Category
Large Cap
39.1%
35.5%
Mid Cap
23.8%
27.2%
Small Cap
28.5%
29.4%
Not on AMFI's list
3.9%
2.8%
Share of the whole fund. Category: the average of the Multi Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Axis Multicap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks15.2%
Auto Components10.0%
Electrical Equipment9.8%
Pharmaceuticals & Biotechnology7.8%
Retailing5.3%
Automobiles5.0%
Finance4.9%
Healthcare Services4.3%
Industrial Products3.8%
Capital Markets3.8%
The ten largest of 31 sectors. The other 21 add up to 25.4%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
17.1%
15.9%
15.2%
−1.9%
Auto Components
9.4%
9.8%
10.0%
+0.6%
Electrical Equipment
8.3%
9.5%
9.8%
+1.5%
Pharmaceuticals & Biotechnology
7.7%
7.5%
7.8%
+0.1%
Retailing
5.2%
5.3%
5.3%
+0.1%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Axis Multicap Fund Portfolio Holdings
As on 30-09-2026 · 108 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
ICICI Bank Limited
Banks
3.25%
0.0%
HDFC Bank Limited
Banks
2.72%
0.0%
Sona BLW Precision Forgings Limited
Auto Components
2.53%
0.0%
Eternal Limited
Retailing
2.41%
+16.1%
Welspun Corp Limited
Industrial Products
2.35%
0.0%
Apar Industries Limited
Electrical Equipment
2.03%
0.0%
Multi Commodity Exchange of India Limited
Capital Markets
1.97%
0.0%
TD Power Systems Limited
Electrical Equipment
1.92%
+11.6%
Shriram Finance Limited
Finance
1.91%
−10.3%
Ather Energy Limited
Automobiles
1.78%
0.0%
Sansera Engineering Limited
Auto Components
1.77%
0.0%
RBL Bank Limited
Banks
1.76%
+15.9%
Minda Corporation Limited
Auto Components
1.58%
0.0%
Craftsman Automation Limited
Auto Components
1.56%
0.0%
Axis Bank Limited
Banks
1.45%
0.0%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
1.44%
0.0%
GE Vernova T&D India Limited
Electrical Equipment
1.43%
0.0%
Bharti Airtel Limited
Telecom - Services
1.40%
0.0%
Mahindra & Mahindra Limited
Automobiles
1.37%
0.0%
Larsen & Toubro Limited
Construction
1.36%
0.0%
Sai Life Sciences Limited
Pharmaceuticals & Biotechnology
1.31%
0.0%
Indo-MIM Limited
Industrial Manufacturing
1.27%
+2.0%
Bajaj Finance Limited
Finance
1.25%
+12.1%
Radico Khaitan Limited
Beverages
1.22%
0.0%
Fortis Healthcare Limited
Healthcare Services
1.21%
−1.1%
State Bank of India
Banks
1.20%
0.0%
Solar Industries India Limited
Chemicals & Petrochemicals
1.15%
+72.4%
Gland Pharma Limited
Pharmaceuticals & Biotechnology
1.13%
+38.3%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
1.12%
0.0%
Reliance Industries Limited
Petroleum Products
1.11%
0.0%
Bharat Heavy Electricals Limited
Electrical Equipment
1.10%
0.0%
Karur Vysya Bank Limited
Banks
1.07%
0.0%
BSE Limited
Capital Markets
1.04%
+108.0%
Premier Energies Limited
Electrical Equipment
1.03%
+10.1%
Samvardhana Motherson International Limited
Auto Components
1.00%
0.0%
TVS Motor Company Limited
Automobiles
0.97%
0.0%
PNB Housing Finance Limited
Finance
0.97%
0.0%
InterGlobe Aviation Limited
Transport Services
0.96%
0.0%
Hyundai Motor India Ltd
Automobiles
0.89%
0.0%
FSN E-Commerce Ventures Limited
Retailing
0.87%
0.0%
City Union Bank Limited
Banks
0.86%
0.0%
The Federal Bank Limited
Banks
0.84%
−19.0%
Laurus Labs Limited
Pharmaceuticals & Biotechnology
0.82%
−11.4%
Coforge Limited
IT - Software
0.80%
0.0%
NTPC Limited
Power
0.80%
0.0%
Amber Enterprises India Limited
Consumer Durables
0.79%
0.0%
The Karnataka Bank Limited
Banks
0.79%
+64.7%
Cholamandalam Investment and Finance Company Ltd
Finance
0.77%
0.0%
Lenskart Solutions Limited
Retailing
0.77%
−11.2%
PB Fintech Limited
Financial Technology (Fintech)
0.76%
+8.5%
Dhoot Transmission Ltd
Auto Components
0.75%
+3.9%
Tech Mahindra Limited
IT - Software
0.75%
0.0%
Glenmark Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.75%
0.0%
Titan Company Limited
Consumer Durables
0.74%
0.0%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.72%
0.0%
Indus Towers Limited
Telecom - Services
0.72%
0.0%
IndusInd Bank Limited
Banks
0.71%
−11.3%
Apollo Hospitals Enterprise Limited
Healthcare Services
0.71%
−21.6%
UltraTech Cement Limited
Cement & Cement Products
0.68%
0.0%
MTAR Technologies Limited
Electrical Equipment
0.68%
+8.2%
Bharat Electronics Limited
Aerospace & Defense
0.66%
0.0%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.65%
+35.2%
Marico Limited
Agricultural Food & other Products
0.65%
0.0%
Dixon Technologies (India) Limited
Consumer Durables
0.65%
0.0%
Global Health Limited
Healthcare Services
0.63%
+17.0%
Azad Engineering Ltd
Electrical Equipment
0.60%
+9.4%
The Phoenix Mills Limited
Realty
0.60%
0.0%
Delhivery Limited
Transport Services
0.57%
0.0%
Swiggy Limited
Retailing
0.56%
0.0%
Cummins India Limited
Industrial Products
0.55%
0.0%
Navin Fluorine International Limited
Chemicals & Petrochemicals
0.54%
+113.8%
Healthcare Global Enterprises Limited
Healthcare Services
0.54%
+20.5%
Kirloskar Oil Engines Limited
Industrial Products
0.52%
+42.6%
Vijaya Diagnostic Centre Limited
Healthcare Services
0.51%
0.0%
Ujjivan Small Finance Bank Limited
Banks
0.51%
−29.5%
Berger Paints (I) Limited
Consumer Durables
0.49%
0.0%
Mphasis Limited
IT - Software
0.47%
0.0%
United Spirits Limited
Beverages
0.47%
+10.9%
Billionbrains Garage Ventures Ltd
Capital Markets
0.46%
0.0%
Varun Beverages Limited
Beverages
0.45%
0.0%
Doms Industries Limited
Household Products
0.45%
0.0%
Blue Star Limited
Consumer Durables
0.44%
0.0%
One 97 Communications Limited
Financial Technology (Fintech)
0.44%
−48.9%
Jindal Steel Limited
Ferrous Metals
0.43%
0.0%
Carborundum Universal Limited
Industrial Products
0.42%
0.0%
Pidilite Industries Limited
Chemicals & Petrochemicals
0.41%
0.0%
CCL Products (India) Limited
Agricultural Food & other Products
0.40%
0.0%
Meesho Ltd
Retailing
0.39%
−11.9%
Capillary Technologies India Limited
IT - Software
0.37%
0.0%
KFin Technologies Limited
Capital Markets
0.37%
0.0%
Schaeffler India Limited
Auto Components
0.37%
0.0%
Sagility Limited
IT - Services
0.36%
0.0%
Triveni Turbine Limited
Electrical Equipment
0.35%
−0.2%
Firstsource Solutions Limited
Commercial Services & Supplies
0.35%
0.0%
K.P.R. Mill Limited
Textiles & Apparels
0.35%
0.0%
Krishna Institute Of Medical Sciences Limited
Healthcare Services
0.35%
−4.5%
Tenneco Clean Air India Limited
Auto Components
0.34%
0.0%
Vishal Mega Mart Limited
Retailing
0.33%
0.0%
Piramal Pharma Limited
Pharmaceuticals & Biotechnology
0.33%
0.0%
Rainbow Childrens Medicare Limited
Healthcare Services
0.31%
0.0%
Infosys Limited
IT - Software
0.28%
0.0%
Cyient Limited
IT - Services
0.26%
0.0%
HCL Technologies Limited
IT - Software
0.26%
0.0%
Birlasoft Limited
IT - Software
0.25%
0.0%
Travel Food Services Limited
Leisure Services
0.24%
0.0%
Rubicon Research Limited
Pharmaceuticals & Biotechnology
0.20%
New
Bharat Forge Limited
Auto Components
0.13%
New
Persistent Systems Limited
IT - Software
0.07%
0.0%
Axis Multicap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Eternal Limited
↑Added
+16.1%
2.41%
Shriram Finance Limited
↓Reduced
−10.3%
1.91%
TD Power Systems Limited
↑Added
+11.6%
1.92%
RBL Bank Limited
↑Added
+15.9%
1.76%
Fortis Healthcare Limited
↓Reduced
−1.1%
1.21%
Indo-MIM Limited
↑Added
+2.0%
1.27%
Bajaj Finance Limited
↑Added
+12.1%
1.25%
PB Fintech Limited
↑Added
+8.5%
0.76%
The Federal Bank Limited
↓Reduced
−19.0%
0.84%
Solar Industries India Limited
↑Added
+72.4%
1.15%
Gland Pharma Limited
↑Added
+38.3%
1.13%
Premier Energies Limited
↑Added
+10.1%
1.03%
BSE Limited
↑Added
+108.0%
1.04%
Apollo Hospitals Enterprise Limited
↓Reduced
−21.6%
0.71%
IndusInd Bank Limited
↓Reduced
−11.3%
0.71%
Laurus Labs Limited
↓Reduced
−11.4%
0.82%
One 97 Communications Limited
↓Reduced
−48.9%
0.44%
Lenskart Solutions Limited
↓Reduced
−11.2%
0.77%
The Karnataka Bank Limited
↑Added
+64.7%
0.79%
Dhoot Transmission Ltd
↑Added
+3.9%
0.75%
Ujjivan Small Finance Bank Limited
↓Reduced
−29.5%
0.51%
MTAR Technologies Limited
↑Added
+8.2%
0.68%
CG Power and Industrial Solutions Limited
↑Added
+35.2%
0.65%
Global Health Limited
↑Added
+17.0%
0.63%
Azad Engineering Ltd
↑Added
+9.4%
0.60%
Navin Fluorine International Limited
↑Added
+113.8%
0.54%
Healthcare Global Enterprises Limited
↑Added
+20.5%
0.54%
Kirloskar Oil Engines Limited
↑Added
+42.6%
0.52%
United Spirits Limited
↑Added
+10.9%
0.47%
Meesho Ltd
↓Reduced
−11.9%
0.39%
KEI Industries Limited
↓Sold out
−100%
was 0.39%
Triveni Turbine Limited
↓Reduced
−0.2%
0.35%
Krishna Institute Of Medical Sciences Limited
↓Reduced
−4.5%
0.35%
Jubilant Foodworks Limited
↓Sold out
−100%
was 0.29%
Brigade Enterprises Limited
↓Sold out
−100%
was 0.28%
Rategain Travel Technologies Limited
↓Sold out
−100%
was 0.21%
Rubicon Research Limited
↑New
New
0.20%
Bharat Forge Limited
↑New
New
0.13%
Awfis Space Solutions Limited
↓Sold out
−100%
was 0.04%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Axis Multicap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.93%
Expense ratio (Regular)
1.99%
Category
Multi Cap
Risk
Very High
Launch date
17-12-2021
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹11,972.26 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
149383
ISIN (Direct)
INF846K013E0
Scheme code (Regular)
149382
ISIN (Regular)
INF846K016E3
NAV history
From 23-12-2021, 4.9 years
Benchmark
NIFTY 500 Multicap 50:25:25 Total Return Index
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Tax on Axis Multicap Fund returns
Axis Multicap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹20.12
30-10-2026
direct
IDCW
₹19.13
30-10-2026
regular
Growth
₹18.93
30-10-2026
regular
IDCW
₹18.02
30-10-2026
About Axis Multicap Fund
Axis Multicap Fund is a mutual fund from Axis Mutual Fund. Its category is Multi Cap. It was launched on 17-12-2021. Its benchmark is NIFTY 500 Multicap 50:25:25 Total Return Index. At the end of September 2026 it held 108 securities.
Fund Manager
Nitin Arora
Fund manager of Axis Multicap Fund, since 26-05-2023
Shreyash Devalkar
Fund manager of Axis Multicap Fund, since 01-03-2023
Hitesh Das
Fund manager of Axis Multicap Fund, since 26-05-2023
The Direct plan NAV is ₹20.12. The Regular plan NAV is ₹18.93, as on 30-10-2026.
What are the returns of Axis Multicap Fund?
The Direct plan returned +3.76% in 1 year, +18.70% a year over 3 years. The Regular plan returned +2.66% in 1 year, +17.40% a year over 3 years. These figures are as on 30-10-2026.
What is the expense ratio of Axis Multicap Fund?
The Direct plan charges 0.93% a year. The Regular plan charges 1.99% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.
What is the AUM of Axis Multicap Fund?
Axis Multicap Fund managed ₹11,972.26 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Axis Multicap Fund?
At the end of September 2026 the largest holdings were ICICIBANK (3.25%), HDFCBANK (2.72%), SONACOMS (2.53%), ETERNAL (2.41%), WELCORP (2.35%). The fund held 108 securities in all.
What did Axis Multicap Fund buy and sell in September 2026?
It bought 2 new stocks: Bharat Forge Limited, Rubicon Research Limited. It sold out of 5: Rategain Travel Technologies Limited, Awfis Space Solutions Limited, Brigade Enterprises Limited, Jubilant Foodworks Limited, KEI Industries Limited. It added shares in 20. It reduced 12.
How do I invest in Axis Multicap Fund?
Through Axis Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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