Axis Multicap Fund
NAV
₹21.1
as of 21 Aug 2026
Axis Multicap Fund is an open-ended Multi Cap Fund scheme from Axis Mutual Fund managing ₹10,973 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹21.1 as of 21 Aug 2026. The expense ratio is 1.13% a year. Managed by Shreyash Devalkar. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.13% / yr
- as of 30 Jun 2026
- Fund size
- ₹10,973 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 17 Dec 2021
- ISIN
- INF846K013E0
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY 500 Multicap 50:25:25
Axis Multicap Fund
₹210
+110% on ₹100 over 4.7 yrs
Multi Cap Fund average
₹193
+93% on ₹100 over 4.7 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 11.21% | 7.32% | +3.89 |
| 6 months | 10.85% | 8.97% | +1.88 |
| 1 year | 12.03% | 10.00% | +2.03 |
| 3 years (CAGR) | 21.83% | 16.96% | +4.87 |
Category average across 19 funds, as of 20 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -3.0%
- Median
- 12.1%
- Best
- 57.8%
45 windows over the last 56 months, stepped monthly; 91% ended positive. Worst window began 1 Oct 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 19.0%
- Median
- 22.8%
- Best
- 29.2%
21 windows over the last 56 months, stepped monthly; 100% ended positive. Worst window began 2 Mar 2022. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.86
- Sortino ratio (3Y)
- 1.32 vs category 0.87
- Standard deviation (3Y)
- 15.73%
- Beta (3Y)
- 0.93
- Alpha (3Y)
- 5.66%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-17.3%
Right now
At a peak
Ahead of its benchmark in 64% of months (window: 3y, monthly) — benchmark: NIFTY 500 Multicap 50:25:25, name shown only.
Where the money actually is
Equity
98.8%
Cash
1.2%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
112 positions · top 10 = 23.5%
Market-cap mix
Large 44.9%Mid 26.1%Small 27.2%Other 1.7%
as of 31 Jul 2026
Holdings by sector
Financial Services(3 in top 10)26.9%
- ICICI Bank Ltd3.85%
- HDFC Bank Ltd3.56%
- Shriram Finance Ltd2.47%
Consumer Cyclical(4 in top 10)22.2%
- Sona BLW Precision Forgings Ltd2.61%
- Eternal Ltd2.14%
- Minda Corp Ltd1.83%
- Mahindra & Mahindra Ltd1.73%
Industrials(1 in top 10)15.0%
- Apar Industries Ltd1.73%
Healthcare(1 in top 10)12.8%
- Torrent Pharmaceuticals Ltd1.88%
- Technology7.3%
- Basic Materials5.0%
- Consumer Defensive3.6%
Communication Services(1 in top 10)2.5%
- Bharti Airtel Ltd1.71%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 51.7% vs category 56.3% a year.
The businesses it owns
- P/E (trailing)
- 30.9 vs category 26.4
- P/B
- 4.5 vs category 3.9
- Dividend yield
- 0.7% vs category 0.9%
- Net margin
- 16.0% vs category 15.9%
- Earnings growth
- 15.9%
- Avg market cap
- ₹1.09 lakh crore
Money in, money out
- Net flow, 12 months
- +₹1,926 cr
- Net flow, 3 months
- +₹534 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Axis Multicap Fund?
- ₹21.1 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Axis Multicap Fund?
- 1.13% a year for the Direct plan, as of 30 Jun 2026.
- How large is Axis Multicap Fund?
- ₹10,973 crore under management as of 31 Jul 2026, in the Multi Cap Fund category.
- How risky is Axis Multicap Fund?
- Its SEBI Riskometer reading is "Very High Risk". Go-anywhere equity across company sizes. India's biggest active shelf.
- What is the worst 3-year return of Axis Multicap Fund?
- 19.0% a year — the weakest of 21 overlapping 3-year holding periods, beginning 2 Mar 2022. The median was 22.8% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Axis Multicap Fund?
- Shreyash Devalkar, managing this fund for 3.4 years.
Where this fund sits
Its shelf, all funds
Fx · Flexi & multi cap →
Go-anywhere equity across company sizes. India's biggest active shelf.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Multi Cap Fund funds
- Nippon India Multi Cap Fund₹55,587 crore
- Kotak Multicap Fund₹29,274 crore
- SBI MultiCap Fund₹24,147 crore
- HDFC Multi Cap Fund₹20,583 crore
- ICICI Prudential Multicap Fund₹18,769 crore
- Quant Multi Cap Fund₹7,717 crore
- Mahindra Manulife Multi Cap Fund₹7,184 crore
- Aditya Birla Sun Life Multi-Cap Fund₹7,182 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 500 Multicap 50:25:25) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.