Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Axis Multi Asset Allocation Fund - Direct Plan - Growth Option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 1/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 57/100 · Average
How this score is calculated
- Star rating (35%)1/5
- 3Y CAGR (30%)14.58%
- Expense ratio (20%)1.23%
- AUM (15%)₹2,499 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Axis Mutual Fund · Hybrid · Multi Asset Allocation
₹53.43
AUM: ₹2,499 Cr
NAV updated 23 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
1.23%
Exit Load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Fund Manager
R Sivakumar, Ashish Naik
Inception
Jan 2013
Benchmark
Groww Equity Hybrid
Sharpe Ratio
0.45
Std Dev (1Y)
12.63%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.2%
3m
+5.14%
6m
+0.34%
1y
+12.51%
3y
+14.58%
5y
+9.68%
10y
+11.84%
since inception
+11.07%
TopFund's Take on Axis Multi Asset Allocation Fund - Direct Plan - Growth Option
Axis Multi Asset Allocation Fund - Direct Plan - Growth Option sits in the middle of the pack for Multi Asset Allocation funds, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 57/100.
Cost: At 1.23%, the expense ratio runs 98% above the Multi Asset Allocation category average of 0.62%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.45 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 12.63% is fairly typical for Multi Asset Allocation funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Axis Multi Asset Allocation Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is ₹53.43. NAV is updated every business day after market close by AMFI.
1Y: 12.51% · 3Y CAGR: 14.58% · 5Y CAGR: 9.68%
The expense ratio of Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is 1.23% per annum. This is the annual fee charged by the fund to manage your investment.
Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is managed by R Sivakumar, Ashish Naik at Axis Mutual Fund.
Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Axis Multi Asset Allocation Fund - Direct Plan - Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is ₹2,499 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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