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Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW Option

The Scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold Exchange Traded Funds.

AMC websiteScheme documentsNAV history (AMFI)

Axis Mutual FundMulti Asset Allocation FundsDirect · IDCW (income distribution)Riskometer: Very High Risk
NAV · 16 Oct 2026₹26.6395▲ 0.40% (1 day)
  • Current NAV₹26.6395
  • Fund Size (AUM)₹ 2,616 Cr.
  • Expense Ratio1.27 %
  • 1Y Return-3.85%
  • 3Y Return (CAGR)+5.47%
  • 5Y Return (CAGR)+0.27%
  • Category Rank (3Y)—
  • RiskometerVery High Risk
  • Min. SIP / Lump sum₹ 100 / ₹ 100
More figures (11)
  • Since Launch (CAGR)+6.66%
  • Benchmark—
  • Volatility (3Y)10.98 %
  • Sharpe Ratio (3Y)-0.09
  • Beta (3Y)—
  • 52-week High / Low₹29.3485 / ₹25.6571
  • Max Drawdown-27.9 %
  • Launched1 Jan 2013
  • Lock-inNone
  • Portfolio Turnover—
  • Fund ManagersDevang Shah, Aditya Pagaria, Ashish Naik +3

Performance chart

Past performance may or may not be sustained in future.

Quick take

  • Over 5 years it returned 0.3% a year.
  • Volatility over 3 years was 11.0% a year, with a Sharpe ratio of -0.09.
  • Its biggest fall from a peak was 27.9% (13 Feb 2020 to 23 Mar 2020).
  • Across all 3-year periods since launch, yearly returns ranged from -1.3% to 17.9% and were positive 99% of the time.
  • Expense ratio 1.27%, fund size ₹2,616 crore.

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Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund+0.69%-1.64%-2.32%-2.31%-4.24%-3.85%-0.39%+5.47%+0.27%+4.85%+5.96%+6.66%

Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Multi Asset Allocation Funds. Q1 = top quarter by return over that period.

Calendar-year returns

Year2026 YTD2025202420232022202120202019201820172016
This fund-4.24%+8.65%+8.43%+5.42%-11.56%+16.84%+10.71%+14.48%+2.86%+17.64%+8.02%

January to December each year; the current year is to date.

Risk and consistency

Risk measure3 years5 years
Volatility (standard deviation) ?10.98%11.02%
Sharpe ratio ?-0.09-0.57
Sortino ratio ?-0.12-0.73
Maximum drawdown-12.79%-21.44%

Rolling 3-year returns (yearly)

Lowest-1.29%
Median+8.04%
Highest+17.93%
Positive99% of periods
Above 12% a year6% of periods

Rolling 5-year returns (yearly)

Lowest+0.33%
Median+7.53%
Highest+12.53%
Positive100% of periods
Above 12% a year2% of periods

Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.

SIP returns: ₹10,000 every month

SIP forInvestedValue todayGainXIRR
1Y₹1,20,000₹1,16,133₹-3,867-5.90%
3Y₹3,60,000₹3,72,565₹12,565+2.24%
5Y₹6,00,000₹6,49,667₹49,667+3.14%
10Y₹12,00,000₹15,52,926₹3,52,926+5.04%

A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.

Compare with all Multi Asset Allocation Funds (37)

About Multi Asset Allocation Funds
Scheme (Direct plans, Growth)NAV1M6M1Y3Y5Y
360 ONE Multi Asset Allocation Fund - Direct Plan - GROWTH Option360 ONE Mutual Fund₹12.1354—————
Aditya Birla Sun Life Multi Asset Allocation Fund - Direct Plan - GROWTHAditya Birla Sun Life Mutual Fund₹17.3237—————
AlphaGrep Multi Asset Allocation Fund - Direct Plan - GrowthAlphaGrep Mutual Fund₹10.2451—————
Axis Multi Asset Allocation Fund - Direct Plan - Growth Option OptionAxis Mutual Fund₹51.7034—————
Bajaj Finserv Multi Asset Allocation Fund - Direct Plan - GrowthBajaj Finserv Mutual Fund₹12.2833—————
BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - GrowthBandhan Mutual Fund₹14.4876—————
Bank of India Multi Asset Allocation Fund - Direct Plan - GrowthBank of India Mutual Fund₹12.8230—————
Baroda BNP Paribas Multi Asset Fund - Direct Plan - Growth OptionBaroda BNP Paribas Mutual Fund₹16.4457—————
Canara Robeco Multi Asset Allocation Fund - Direct Plan - GrowthCanara Robeco Mutual Fund₹11.1600—————
Capitalmind Multi Asset Allocation Fund - Direct Plan - GrowthCapitalmind Mutual Fund₹9.6243—————
DSP Multi Asset Allocation Fund - Direct Plan - GrowthDSP Mutual Fund₹16.2440—————
Edelweiss Multi Asset Allocation Fund - Direct Plan - GrowthEdelweiss Mutual Fund₹12.6999—————
Franklin India Multi Asset Allocation Fund - Direct Plan - GrowthFranklin Templeton Mutual Fund₹10.7339—————
Groww Multi Asset Allocation Fund - Direct Plan - GrowthGroww Mutual Fund₹10.0753—————
HDFC Multi Asset Allocation Fund - Direct Plan - Growth OptionHDFC Mutual Fund₹83.0140—————
HSBC Multi Asset Allocation Fund - Direct Plan - GrowthHSBC Mutual Fund₹13.9474—————
ICICI Prudential Multi Asset Allocation Fund - Direct Plan - GrowthICICI Prudential Mutual Fund₹869.2506—————
Invesco India Multi Asset Allocation Fund - Direct Plan - GrowthInvesco Mutual Fund₹12.4200—————
ITI Multi Asset Allocation Fund - Direct Plan - Growth OptionITI Mutual Fund₹9.7835—————
JM Multi Asset Allocation Fund - Direct Plan - Growth OptionJM Financial Mutual Fund₹10.0089—————
Kotak Multi Asset Allocation Fund - Direct Plan - Growth OptionKotak Mahindra Mutual Fund₹16.0110—————
LIC MF Multi Asset Allocation Fund - Direct Plan - GrowthLIC Mutual Fund₹12.1103—————
Mahindra Manulife Multi Asset Allocation Fund - Direct Plan - GrowthMahindra Manulife Mutual Fund₹14.1076—————
Mirae Asset Multi Asset Allocation Fund - Direct Plan - GrowthMirae Asset Mutual Fund₹13.8360—————
Nippon India Multi Asset Allocation Fund - Direct Plan - Growth OptionNippon India Mutual Fund₹26.3028—————
PGIM India Multi Asset Allocation Fund - Direct Plan - Direct GrowthPGIM India Mutual Fund₹10.3400—————
Quant Multi Asset Allocation Fund - Direct Plan - Growth Optionquant Mutual Fund₹178.8211—————
Quantum Multi Asset Allocation Fund - Direct Plan - Growth OptionQuantum Mutual Fund₹12.1000—————
Samco Multi Asset Allocation Fund - Direct Plan - GrowthSamco Mutual Fund₹12.0700—————
SBI MULTI ASSET ALLOCATION FUND - Direct Plan - GrowthSBI Mutual Fund₹73.0381—————
Shriram Multi Asset Allocation Fund - Direct Plan - GrowthShriram Mutual Fund₹13.5343—————
Sundaram Multi Asset Allocation Fund - Direct Plan - GROWTHSundaram Mutual Fund₹13.2148—————
Tata Multi Asset Allocation Fund - Direct Plan - Growth OptionTata Mutual Fund₹27.0707—————
The Wealth Company Multi Asset Allocation Fund - Direct Plan - GrowthThe Wealth Company Mutual Fund₹10.7195—————
Union Multi Asset Allocation Fund - Direct Plan - Growth OptionUnion Mutual Fund₹12.1600—————
UTI Multi Asset Allocation Fund - Direct Plan - GrowthUTI Mutual Fund₹85.8549—————
WhiteOak Capital Multi Asset Allocation Fund - Direct Plan - Growth OptionWhiteOak Capital Mutual Fund₹16.4600—————

Sorted by 3-year return; tap a heading to sort. Sorting by past returns is a way to explore data, not a ranking of which fund to choose. 3Y and 5Y are yearly (CAGR).

Scheme details

Investment objective
The Scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold Exchange Traded Funds.
Fund managers
Devang Shah, Aditya Pagaria, Ashish Naik, Hardik Shah, Pratik Tibrewal, Krishnaa N
Fund house
Axis Mutual Fund
Category
Multi Asset Allocation Funds · Hybrid
Plan / option
Direct · IDCW (income distribution)
AMFI scheme code
120523
ISIN
INF846K01ET8, INF846K01EU6
Scheme documents
SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.

About Multi Asset Allocation Funds

Multi Asset Allocation Funds invest at least 10% each in at least three asset classes, such as equity, debt and gold.

Generally used by investors who want diversification across asset classes in one fund.

Other plans of this scheme

Questions about this scheme

What is the NAV of Axis Multi Asset Allocation Fund today?
The latest NAV of Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW Option is ₹26.6395 as on 16 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has Axis Multi Asset Allocation Fund given?
As on 16 Oct 2026: 1 year -3.85%, 3 years +5.47% a year, 5 years +0.27% a year. Past returns may or may not be sustained in future.
What is the expense ratio of Axis Multi Asset Allocation Fund?
The expense ratio of the Direct plan is 1.27% (as of Aug 2026). It is already deducted in the NAV.
How risky is this fund?
Its riskometer level is Very High Risk. Over 3 years its volatility was 11.0% a year and its biggest fall from a peak was 12.8%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Multi Asset Allocation Funds?
Multi Asset Allocation Funds invest at least 10% each in at least three asset classes, such as equity, debt and gold.
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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