What is the NAV of Axis Multicap Fund?

₹20.49 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.

What is the expense ratio of Axis Multicap Fund?

1.04% a year for the Direct plan, as of 31 Aug 2026.

How large is Axis Multicap Fund?

₹11,985 crore under management as of 31 Aug 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 are the 5-year returns of Axis Multicap Fund?

15.85% a year over the last 5 years (Direct plan, CAGR), against a Multi Cap Fund average of 12.73%. Past returns do not predict future returns.

What is the worst 3-year return of Axis Multicap Fund?

18.2% a year – the weakest of 23 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 22.7% 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 3.5 years.

Axis Multicap Fund

Axis Mutual FundDirectOpen-endedMulti Cap FundRiskometer: Very High Risk

NAV

₹20.49

as of 6 Oct 2026

Axis Multicap Fund is an open-ended Multi Cap Fund scheme from Axis Mutual Fund managing ₹11,985 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹20.49 as of 6 Oct 2026. The expense ratio is 1.04% a year. Managed by Shreyash Devalkar. This page is factual data only – it carries no rating and no recommendation.

Key facts

Expense ratio: 1.04% / yr; as of 31 Aug 2026
Fund size: ₹11,985 crore; as of 31 Aug 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 5 Oct 2026Benchmark: NIFTY 500 Multicap 50:25:25

Dec 2021Oct 2026

Axis Multicap Fund

₹203

+103% on ₹100 over 4.8 yrs

Multi Cap Fund average

₹189

+89% on ₹100 over 4.8 yrs

Returns vs category

Window	Fund	Category avg	Gap
3 months	2.01%	-2.77%	+4.78
6 months	12.06%	13.77%	-1.71
1 year	7.03%	3.84%	+3.19
3 years (CAGR)	18.27%	13.75%	+4.52
5 years (CAGR)	15.85%	12.73%	+3.12

Category average across 19 funds, as of 5 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.

Risk, measured

Sharpe ratio (3Y): 0.91
Sortino ratio (3Y): 1.41 vs category 0.88
Standard deviation (3Y): 15.87%
Beta (3Y): 0.93
Alpha (3Y): 6.80%

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

-5.0% below peak

Aug 2023Deepest: -17.8%Oct 2026

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

98.5%

Cash

1.5%

Whole-portfolio split, as of 31 Aug 2026.

What it owns

114 positions · top 10 = 23.3%

Market-cap mix

Large 40.4%Mid 26.7%Small 29.9%Other 3.1%

as of 31 Aug 2026

Holdings by sector

Financial Services(4 in top 10)25.7%
- ICICI Bank Ltd3.57%
- HDFC Bank Ltd2.72%
- Shriram Finance Ltd2.40%
- Multi Commodity Exchange of India Ltd2.03%
Consumer Cyclical(3 in top 10)22.6%
- Sona BLW Precision Forgings Ltd2.48%
- Ather Energy Ltd2.14%
- Eternal Ltd2.13%
Industrials(2 in top 10)16.0%
- Apar Industries Ltd2.07%
- TD Power Systems Ltd1.70%
Healthcare13.5%
Technology7.2%
Basic Materials(1 in top 10)5.2%
- Welspun Corp Ltd2.07%
Consumer Defensive3.2%
Communication Services2.2%

Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 51.0% vs category 50.7% a year.

The businesses it owns

P/E (trailing): 31.9 vs category 25.8
P/B: 4.9 vs category 3.9
Dividend yield: 0.6% vs category 0.9%
Net margin: 15.9% vs category 16.0%
Earnings growth: 16.6%
Avg market cap: ₹1.04 lakh crore

Money in, money out

Net flow, 12 months: +₹2,184 cr
Net flow, 3 months: +₹842 cr

as of 31 Aug 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of Axis Multicap Fund?: ₹20.49 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of Axis Multicap Fund?: 1.04% a year for the Direct plan, as of 31 Aug 2026.
How large is Axis Multicap Fund?: ₹11,985 crore under management as of 31 Aug 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 are the 5-year returns of Axis Multicap Fund?: 15.85% a year over the last 5 years (Direct plan, CAGR), against a Multi Cap Fund average of 12.73%. Past returns do not predict future returns.
What is the worst 3-year return of Axis Multicap Fund?: 18.2% a year – the weakest of 23 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 22.7% 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 3.5 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

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Other Multi Cap Fund funds

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.