Axis Multi Asset Allocation Fund
Axis Mutual Fund · Multi Asset Allocation · Direct plan, growth option
NAV (₹), 1 Oct 2026
51.2083
1-day change
-0.47%
1Y return
5.5%
3Y CAGR
13.0%
5Y CAGR
8.7%
Max drawdown, 5Y
−17.4%
NAV history month-end NAV, ₹ · 2 Jan 2013 to 1 Oct 2026
Returns vs Multi Asset Allocation median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.0% | -3.9% |
| 3 months | -1.0% | -1.8% |
| 6 months | 4.8% | 4.0% |
| Year to date | -0.4% | 0.1% |
| 1 year | 5.5% | 6.4% |
| 3 years (CAGR) | 13.0% | 14.0% |
| 5 years (CAGR) | 8.7% | 12.7% |
| 7 years (CAGR) | 12.8% | 13.8% |
| 10 years (CAGR) | 11.4% | 11.6% |
| Since first NAV (CAGR) | 10.7% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 11.2% | 12.5% |
| 3Y rolling median | 11.0% | 17.0% |
| 3Y rolling worst | 0.3% | 4.4% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 11.9% | 13.8% |
| 5Y rolling worst | 2.4% | 1.9% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 10.1% | 9.9% |
| Sharpe ratio | 0.72 | 0.76 |
| Sortino ratio | 1.01 | 1.10 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −27.4% | −12.0% |
| Maximum drawdown, last 10Y | −27.4% | −27.2% |
| Maximum drawdown, last 5Y | −17.4% | −10.5% |
| Current drawdown | −6.0% | −5.8% |
| Recovery time of worst fall | 200 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme hold only part of their money in each of these markets; the mix is set by the scheme and changes over time.
22,421.95 −0.88%
NSE close, 1 Oct 2026
- P/E 19.2: higher than 0% of days since 2022 (median 22.0)
- 1Y −9.0% · 3Y +5.4% p.a. · 5Y +5.9% p.a. (index fund NAV, after costs)
- −14.8% from its 52-week high
1,48,138.00 +0.17%
IBJA close, 1 Oct 2026 · ₹ per 10 g (999)
- 1Y +25.6% · 3Y +35.9% p.a. · 5Y +25.2% p.a. (index fund NAV, after costs)
- −15.0% from its 52-week high (proxy NAV)
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.28% a year and the Direct plan's 1.20%, a gap of 1.08%; over the last 3 years the Direct plan returned 1.15 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹23,98,577.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 1.23% to 1.20% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Ashish Naik | Comanage/Domestic Equities | 22 Jun 2016 |
| Devang Shah | Comanage/Fixed Income | 5 Apr 2024 |
| Hardik Shah | Comanage/Fixed Income | 5 Apr 2024 |
| Aditya Pagaria | Comanage/Fixed Income | 1 Jun 2024 |
| Pratik Tibrewal | Comanage/Commodities | 1 Feb 2025 |
| Krishnaa N | For Foreign Securities | 16 Dec 2024 |
| Akhil Thakker | n/a |
Objective: The Scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, debt and money market instruments, Exchange Traded Commodity Derivatives/Units of Gold ETFs, Silver ETF & units of REITs/InvITs.Thereis no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Equity and Equity Related Instruments - (65%-80%), Debt and Money Market Instruments - (10%-30%), Units of Gold ETFs & Silver ETF & Exchange Traded Commodities Derivative (10%-30%), Units issued by InvITs - (0%-10%)
Benchmark (tier 1): Nifty 500 TRI Index (65%) + Nifty Composite Debt Index (20%) + Domestic Price of Physical Gold (7.5%) + Domestic Price of Physical Silver (7.5%)
Exit load: emed/switch out within 12 months from the date of allotment- For 10% of investment : Nil- For remaining investment : 1% If redeemed/switch out after 12 months from the date of allotment: Nil
Minimum application: ₹100
Allotment date: 23 Aug 2010
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.20% | 0.85% |
| AUM, whole scheme (₹ crore) | 2,615 | 1,913 |
| Riskometer | High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Month-ends above category median (3Y CAGR) | 38% | 40% median |
| Month-ends in category top quartile (3Y) | 30% | 29% median |
| 7Y rolling CAGR, median (monthly windows) | 12.0% | 11.6% median |
Official benchmark: Nifty 500 TRI Index (65%) + Nifty Composite Debt Index (20%) + Domestic Price of Physical Gold (7.5%) + Domestic Price of Physical Silver (7.5%) (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Multi Asset Allocation Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -0.4% | n/a | – |
| 2025 | 16.5% | n/a | – |
| 2024 | 16.5% | n/a | – |
| 2023 | 14.4% | n/a | – |
| 2022 | -4.3% | n/a | – |
| 2021 | 24.9% | n/a | – |
| 2020 | 19.7% | n/a | – |
| 2019 | 16.6% | n/a | – |
| 2018 | 2.9% | n/a | – |
| 2017 | 17.6% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,20,163 | 0.3% |
| 3 years | ₹3,60,000 | ₹4,14,651 | 9.4% |
| 5 years | ₹6,00,000 | ₹7,83,163 | 10.6% |
| 10 years | ₹12,00,000 | ₹22,49,447 | 12.1% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Axis Mutual Fund
Category: Multi Asset Allocation
Plan / option: Direct · Growth
AMFI scheme code: 120524
ISIN: INF846K01EV4
First NAV in MFIC data: 2 Jan 2013
History: 13.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Union Multi Asset Allocation Fund | Multi Asset Allocation | 0.98 | n/a |
| Bajaj Finserv Multi Asset Allocation Fund | Multi Asset Allocation | 0.97 | n/a |
| Mirae Asset Multi Asset Allocation Fund | Multi Asset Allocation | 0.97 | n/a |
| Aditya Birla Sun Life Multi Asset Allocation Fund | Multi Asset Allocation | 0.96 | 15.1% |
| Mahindra Manulife Multi Asset Allocation Fund | Multi Asset Allocation | 0.95 | n/a |
| BANDHAN MULTI ASSET ALLOCATION FUND | Multi Asset Allocation | 0.95 | n/a |
Questions about Axis Multi Asset Allocation Fund
- What is the latest NAV of Axis Multi Asset Allocation Fund?
- The NAV of the Direct plan (growth option) was ₹51.2083 on 1 Oct 2026, as published by AMFI.
- Which category is Axis Multi Asset Allocation Fund in?
- It is classified as Multi Asset Allocation in AMFI's daily NAV file. MFIC compares it with 37 Multi Asset Allocation schemes (Direct plans).
- What returns has Axis Multi Asset Allocation Fund delivered?
- Over one year the NAV changed by 5.5%. The 3-year CAGR is 13.0% (category median 14.0%) and the 5-year CAGR is 8.7% (category median 12.7%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 11.0%, the lowest was 0.3%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Axis Multi Asset Allocation Fund's NAV?
- The largest peak-to-trough fall in its available history was 27.4%; within the last five years it was 17.4% (category median 10.5%).
- How volatile is Axis Multi Asset Allocation Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 10.1%, which is above the Multi Asset Allocation category median of 9.9%.
- What would a monthly SIP in Axis Multi Asset Allocation Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,83,163 on 1 Oct 2026, an annualised return (XIRR) of 10.6%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Axis Multi Asset Allocation Fund?
- The total expense ratio of the Direct plan is 1.20% a year, as disclosed to AMFI (median of Multi Asset Allocation Direct plans: 0.85%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Axis Multi Asset Allocation Fund?
- Assets under management of the whole scheme were ₹2,615 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Axis Multi Asset Allocation Fund?
- AMFI lists the scheme's riskometer as “High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- How often has Axis Multi Asset Allocation Fund beaten its category?
- At 38% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Multi Asset Allocation schemes (Direct plans); it was in the top quarter at 30% of them. A typical scheme would show about 50%.
- Who manages Axis Multi Asset Allocation Fund?
- According to its Scheme Summary Document, Axis Multi Asset Allocation Fund is managed by Ashish Naik (since 22 Jun 2016), Devang Shah (since 5 Apr 2024), Hardik Shah (since 5 Apr 2024), Aditya Pagaria (since 1 Jun 2024), Pratik Tibrewal (since 1 Feb 2025), Krishnaa N (since 16 Dec 2024), Akhil Thakker.
- What is the exit load of Axis Multi Asset Allocation Fund?
- As stated in its scheme documents: emed/switch out within 12 months from the date of allotment- For 10% of investment : Nil- For remaining investment : 1% If redeemed/switch out after 12 months from the date of allotment: Nil Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Axis Multi Asset Allocation Fund?
- The minimum application amount is ₹100. SIP details: SIP Daily - 10, Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00. Choti SIP - Maximum one SIP under the facility of exactly equal to Rs. 250/- is allowed. The facility is restricted to three SIP’s across all Mutual Funds (one each in upto three Asset Management Companies)..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.5% and the Regular plan's by 4.4%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.