Axis Multicap Fund vs The Wealth Company Multi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Multicap Fund and The Wealth Company Multi Cap Fund are both Multi Cap funds. Axis Multicap Fund charges 0.93% a year and The Wealth Company Multi Cap Fund 4.86% (Direct plans). Their portfolios overlap 11.0%: they hold 11 of the same securities.
The Wealth Company Multi Cap Fund
Multi Cap
- Expense ratio
- 4.86%
- NAV
- ₹9.51
Which is better, Axis Multicap or The Wealth Company Multi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Multicap costs less: 0.93% a year against 4.86% (Direct plans).
- The Wealth Company Multi Cap fell less in its worst fall since 21-09-2026: −7.2% against −8.8%.
- Axis Multicap is the larger fund: ₹11,972 Cr against ₹139 Cr.
- Their portfolios overlap 11.0%: 11 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Multicap Fund | The Wealth Company Multi Cap Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | The Wealth Company Mutual Fund |
| Category | Multi Cap | Multi Cap |
| AUM | ₹11,972 Cr (30-09-2026) | ₹139 Cr (30-09-2026) |
| NAV | ₹20.12 (Direct) | ₹9.51 (Direct) |
| Expense ratio (Direct) | 0.93% | 4.86% |
| Expense ratio (Regular) | 1.99% | 6.87% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | 17-12-2021 | 17-09-2026 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Nitin Arora, Shreyash Devalkar, Hitesh Das | Chinmay Sathe |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days | 1% - If redeemed/switched out within 180 days from the date of allotment. Nil - if redeemed/switched out after 180 days from the date of allotment |
Axis Multicap vs The Wealth Company Multi Cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Multicap Fund (Direct) | −1.18% | +0.20% | +7.65% | +3.76% | +18.70% | -- | -- |
| The Wealth Company Multi Cap Fund (Direct) | −2.86% | -- | -- | -- | -- | -- | -- |
| Multi Cap average | −2.65% | -- | -- | -- | -- | -- | -- |
Category average: the average of the 33 Multi Cap funds, same plan type.
Axis Multicap vs The Wealth Company Multi Cap: Year-wise Returns
| Year | Axis MulticapAxis Multicap | The Wealth Company Multi CapThe Wealth Company Multi Cap | Nifty500 Multicap 50:25:25 TRI |
|---|---|---|---|
| 2026to date | +5.62% | -- | −5.56% |
| 2025 | +2.42% | -- | +5.29% |
| 2024 | +33.81% | -- | +19.34% |
| 2023 | +38.31% | -- | +33.74% |
| 2022 | −0.20% | -- | +2.84% |
Axis Multicap vs The Wealth Company Multi Cap: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of both
Axis Multicap vs The Wealth Company Multi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Multicap Fund (Direct) | The Wealth Company Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.48% | −37.67% |
| Standard deviation | 13.92% | 17.26% |
| Sharpe ratio | 0.69 | -2.50 |
| Sortino ratio | 0.94 | -3.01 |
| Maximum drawdown | −18.1% (28-02-2025) | −7.2% (23-10-2026) |
| Beta | 0.89 | 1.00 |
| Alpha | +4.98% | +1.42% |
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 and alpha compare each fund with its own benchmark's TRI.
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.
Axis Multicap Fund (Direct)
The Wealth Company Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Multicap Fund (Direct) | −8.8% | 23-09-2026 | 23-10-2026 | Not yet | -- | −4.9% |
| The Wealth Company Multi Cap Fund (Direct) | −7.2% | 21-09-2026 | 23-10-2026 | Not yet | -- | −4.9% |
| Nifty500 Multicap 50:25:25 TRI | −7.6% | 23-09-2026 | 23-10-2026 | Not yet | -- | −5.5% |
From daily values since 21-09-2026, the first day every fund has.
Axis Multicap vs The Wealth Company Multi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Multicap Fund, September 2026; The Wealth Company Multi Cap Fund, September 2026
Holdings in common
- Overlap
- 11.0%
- Held by both
- 11
- Only in Axis Multicap
- 97
- Only in The Wealth Company Multi Cap
- 30
| Security | % of Axis Multicap | % of The Wealth Company Multi Cap |
|---|---|---|
| HDFC Bank Limited | 2.72% | 6.14% |
| GE Vernova T&D India Limited | 1.43% | 4.55% |
| Mahindra & Mahindra Limited | 1.37% | 2.56% |
| Larsen & Toubro Limited | 1.36% | 2.71% |
| Amber Enterprises India Limited | 0.79% | 2.89% |
| Glenmark Pharmaceuticals Limited | 0.75% | 2.02% |
| Bharat Electronics Limited | 0.66% | 2.80% |
| Dixon Technologies (India) Limited | 0.65% | 3.78% |
| Swiggy Limited | 0.56% | 1.81% |
| Billionbrains Garage Ventures Ltd | 0.46% | 0.96% |
| Infosys Limited | 0.28% | 4.31% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.0% means 11.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Multicap Fund
| Security | % of fund |
|---|---|
| ICICI Bank Limited | 3.25% |
| Sona BLW Precision Forgings Limited | 2.53% |
| Eternal Limited | 2.41% |
| Welspun Corp Limited | 2.35% |
| Apar Industries Limited | 2.03% |
Largest holdings only in The Wealth Company Multi Cap Fund
| Security | % of fund |
|---|---|
| Life Insurance Corporation Of India | 4.28% |
| The Indian Hotels Company Limited | 3.57% |
| Tata Consultancy Services Limited | 2.96% |
| Bajaj Auto Limited | 2.94% |
| Physicswallah Limited | 2.90% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Multicap | The Wealth Company Multi Cap |
|---|---|---|
| Equity | 95.4% | 95.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.6% | 4.2% |
Market cap of stocks
| Market cap | Axis Multicap | The Wealth Company Multi Cap |
|---|---|---|
| Large Cap | 39.1% | 35.0% |
| Mid Cap | 23.8% | 28.8% |
| Small Cap | 28.5% | 29.7% |
| Not on AMFI's list | 3.9% | 2.4% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Multicap | The Wealth Company Multi Cap |
|---|---|---|
| Banks | 15.2% | 6.1% |
| Consumer Durables | 3.1% | 12.6% |
| Auto Components | 10.0% | 6.7% |
| Electrical Equipment | 9.8% | 4.5% |
| IT - Software | 3.3% | 9.5% |
| Pharmaceuticals & Biotechnology | 7.8% | 5.0% |
| Automobiles | 5.0% | 7.7% |
| Insurance | 0.0% | 6.4% |
| Retailing | 5.3% | 2.8% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Multicap vs The Wealth Company Multi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Multicap Fund | The Wealth Company Multi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.93% | 4.86% |
| Base expense ratio (Direct) | 0.59% | 0.40% |
| Total expense ratio (Regular) | 1.99% | 6.87% |
| Base expense ratio (Regular) | 1.48% | 2.10% |
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, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Axis Multicap with
Axis Multicap Fund vs The Wealth Company Multi Cap Fund: Frequently Asked Questions
What is the difference between Axis Multicap Fund and The Wealth Company Multi Cap Fund?
Both are Multi Cap funds, run by Axis Mutual Fund and The Wealth Company Mutual Fund. Their portfolios overlap 11.0%. Axis Multicap Fund charges 0.93% a year and The Wealth Company Multi Cap Fund 4.86%.
Which has the lower expense ratio, Axis Multicap Fund or The Wealth Company Multi Cap Fund?
Axis Multicap Fund charges less: 0.93% a year against 4.86%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Multicap Fund and The Wealth Company Multi Cap Fund overlap?
11.0%. They hold 11 of the same securities, the largest shared ones being HDFCBANK, GVT&D, M&M. From each fund's latest monthly portfolio.
Which is riskier, Axis Multicap Fund or The Wealth Company Multi Cap Fund?
On SEBI's riskometer, Axis Multicap Fund is rated Very High and The Wealth Company Multi Cap Fund Very High. Over their common history, the standard deviation of daily returns was 13.92% and 17.26% a year.
Can I invest in both Axis Multicap Fund and The Wealth Company Multi Cap Fund?
Yes. 11.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis Multicap Fund and The Wealth Company Multi Cap Fund?
Axis Multicap Fund: Nitin Arora, Shreyash Devalkar, Hitesh Das. The Wealth Company Multi Cap Fund: Chinmay Sathe.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
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.