INF754K01202
₹18.7800
The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization. By investing in a mix of large, mid, and small-cap companies, this fund aims to provide a balanced approach.
The Axis Multicap Fund aims to achieve its investment objective by investing in stocks of undervalued companies that offer promising opportunities to generate maximum capital gains in the medium to long term. The fund employs a bottom-up approach while selecting stocks for investments. It focuses on each stock and its potential to multiply in time.
Key Features:
- This fund is mandated to invest at least 25 per cent of its money each in stocks of large, medium and small-sized companies.
- The asset allocation is based on selecting the best in each sector.
- It measures performance against the NIFTY 500 Multicap 50:25:25 TRI benchmark.
Portfolio Composition (as of latest data):
- The fund has 96.11% of investment in Indian stocks.
- Of these total investments, the fund invests 66.75% in large-cap stocks, 6.99% in mid-cap stocks, and 5.97% in small-cap stocks.
- The fund's total portfolio consists of 55 stocks, ensuring adequate diversification.
AXIS Multicap Fund - Direct Growth is currently under the management of our experienced fund manager Shreyash Devalkar. His current designation is Senior Fund Manager of Equity, Axis Asset Management Ltd. He joined Axis AMC in November 2016.
Background & Experience:
- Mr Shreyas Devalkar's educational qualifications include MBA (Management) from Jamnalal Bajaj Institute of Management Studies, Bachelor in Chemical Engineering from University Department of Chemical Technology, Mumbai, and HSC from D G Ruparel College.
- Before joining Axis AMC, he worked with BNP Paribas Asset Management (India) Pvt. Ltd. as Fund Manager – Equity, IDFC AMC as VP Research – Equity Analyst, IDFC Securities as VP Research – Equity Analyst, and JP Morgan as Credit Analyst.
- Some of the key funds that Shreyash Devalkar manages include Axis Multicap Fund, Axis Mid Cap Fund, and Axis Bluechip Fund.
Ashish Naik, Fund Manager at Axis Mutual Fund, manages 15 schemes with an AUM of ₹82,066 Cr
Professional Background:
- Ashish Naik is a PGDBM in Finance and Marketing from XLRI, Jamshedpur. He is also a Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM). Mr. Naik also holds a degree in Bachelor in Computer Engineering from the University of Mumbai.
- He later on joined Goldman Sachs as a Sell-side Equity Research Analyst and performed various duties like creating financial models for Korean and Malaysian banks.
- Mr. Naik joined Axis Mutual Fund in 2009 as a Research Analyst. His primary roles included risk analysis, portfolio performance, marketing mutual funds, analysing industry structure, etc.
As of March 31, 2024, the AMC has reported Assets Under Management (AMU) for schemes of Axis Mutual Funds at Rs. 2.74 lakh crores.
Key Statistics:
- It has 31 investment teams operating across 19 nations in the Middle East, Europe, America, and Asia.
- The product lineup of Axis Mutual Fund includes over 53 different schemes.
- It is present in over 100 cities and has over 98 lakh active investor accounts.
Investment Philosophy:
The AMC focuses on three core principles:
- Long-term wealth creation – Encourage investors to create a long-term investment strategy and play a critical role in their wealth management.
- Long-term relationship – Build relationships beyond finances.
- Long-term investors: When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
- Risk-tolerant investors: Such funds can be fairly volatile since at least 50% of their assets will always be invested in mid and small cap stocks which generally experience more severe ups and downs.
- Diversification seekers: Market Exposure: Axis Multicap Fund invests in large, mid, and small-cap stocks, which makes it a fund providing exposure to the entire market spectrum. Portfolio Diversification: Investments in the Axis Multicap Fund provide portfolio diversification across different market segments.
- Investment Horizon: Do not invest in this, or any other multi-cap fund, if you need to redeem your investment in less than five years.
- Investment Method: Like for all equity funds, you must invest only through the SIP route.
- Risk Level: The Riskometer level of Axis Multicap Fund – Direct Plan is marked as "Very High Risk." This means it has a higher chance of significant price swings.
- The fund has delivered a return of 18.25% over the past year, outperforming several of its peers in the multi-cap category.
- Since its launch, it has averaged an annual growth rate of 14.85%, making it an attractive option for long-term investors.
- As of August 2024, the fund has an Assets Under Management (AUM) of ₹5,832 Crore.
The latest declared NAV of Axis Multicap Fund - Direct Plan, is ₹18.7800 as of 26-Aug-2025. NAV changes daily based on market movements.
The total assets under management (AUM) of Axis Multicap Fund – Direct Plan is ₹6,817 crore as of 30-Sep-2024.
The expense ratio of Axis Multicap Fund – Direct Plan is 0.64%. This is the annual fee charged by the fund house for managing your investment.
Since its launch, it has averaged an annual growth rate of 14.85%, making it an attractive option for long-term investors. Past performance doesn't guarantee future returns.
The minimum investment required to start investing in Axis Multicap Fund - Regular Plan is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.
You can invest through Allvest's platform, directly from Axis Mutual Fund's website, or through registered mutual fund distributors. Online investment is the most convenient option.
You can start a SIP through Allvest by completing KYC requirements, selecting the SIP amount (minimum ₹100), and setting up automatic debit instructions from your bank account.
Set up an automatic mandate through Allvest platform or bank auto-debit facility. This ensures your SIP amount is automatically debited monthly without manual intervention.
You can redeem your investment through Allvest platform, fund house website, or by submitting redemption forms. Redemptions are processed within 3-4 business days after request submission.
Clients/Investors to abstain them from dealing in any schemes of unauthorised collective investments / portfolio management, indicative/ guaranteed/fixed returns / payments etc.
Sr. No
Name of KMP
Designation
Mobile Number
Email ID
2.
Mr. Amit Bansal
Designated Director /
Compliance Officer