What are the top holdings of Axis Multi Asset Allocation Fund?

Axis Multi Asset Allocation Fund holds 10 equity positions; the largest is ICICI Bank Ltd, as on Jul 2026. Information only, not investment advice.

As of when is this Axis Multi Asset Allocation Fund portfolio?

Portfolio as on Jul 2026, taken from Axis Mutual Fund's public monthly portfolio disclosure.

What is the NAV of Axis Multi Asset Allocation Fund?

The latest NAV (Net Asset Value) of Axis Multi Asset Allocation Fund is ₹53.62 per unit, as on Jul 2026, sourced from AMFI's public scheme data. NAV changes daily with market movements. Information only, not investment advice.

What is the AUM of Axis Multi Asset Allocation Fund?

Axis Multi Asset Allocation Fund has a Monthly Average AUM (Assets Under Management) of ₹2,266 Cr, as per AMFI's latest published data. AUM reflects the total market value of all assets managed across all plans of this scheme. Information only, not investment advice.

Who manages Axis Multi Asset Allocation Fund?

Axis Multi Asset Allocation Fund is managed by Devang Shah; Aditya Pagaria; Ashish Naik; Hardik Shah; Pratik Tibrewal; Krishnaa N, as per AMFI's public disclosure. Fund manager details sourced from Kuvera/AMFI data. Information only, not investment advice.

What is the expense ratio of Axis Multi Asset Allocation Fund?

Axis Multi Asset Allocation Fund has a Total Expense Ratio (TER) of 1.40% p.a., as disclosed to AMFI. The TER is the annual cost of running the fund, deducted daily from the NAV. A lower TER means more of the fund's return flows to investors. Information only, not investment advice.

What is the 1-year NAV return of Axis Multi Asset Allocation Fund?

Axis Multi Asset Allocation Fund's NAV moved from ₹47.35 (Sep 2025) to ₹51.74 (Jul 2026), a change of 9.3% over approximately one year. NAV data sourced from AMFI. Past performance is not indicative of future returns. Information only, not investment advice.

What is the Sharpe ratio of Axis Multi Asset Allocation Fund?

Based on roughly 10 months of NAV history, Axis Multi Asset Allocation Fund has an annualized return of about 11.4% with 10.9% annualized volatility, giving a Sharpe ratio of 0.45 (assuming a 6.5% risk-free rate). A higher Sharpe ratio means more return per unit of risk taken. Past performance is not indicative of future returns.

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WhoHolds

HybridModerately HighAxis Mutual Fund

Axis Multi Asset Allocation Fund

Portfolio as on Jul 2026 · 10 equity positions

Equity positions

Equity value

₹697 Cr

Top holding

—

ICICI Bank Ltd

NAV per unit

₹53.62

Jul 2026

Avg AUM

₹2,266 Cr

Expense ratio

1.40% p.a.

Fund managers

Devang Shah, Aditya Pagaria, Ashish Naik, Hardik Shah, Pratik Tibrewal, Krishnaa N

Own another fund too? See how much they overlap →

Portfolio Structure & Asset Allocation Analysis

Axis Multi Asset Allocation Fund is a Hybrid scheme managed by Axis MF Mutual Fund. As of disclosures dated Jul 2026, the scheme holds 10 equity positions with an estimated equity AUM of ₹2,266 Cr. The portfolio is anchored by its top conviction bet on ICICI Bank, which commands a weight of —of the fund's total assets.

Diversification Warning: High sector concentration can increase volatility. If you hold index heavyweights like ICICI Bank directly in your stock portfolio, adding this fund will compound your exposure to them. Ensure your holdings are balanced and check overlap with your existing schemes using our Mutual Fund Overlap Tool.

NAV history

₹51.74 per unit +9.3% vs Sep '25

Last 365 days · daily NAV from AMFI · Axis Multi Asset Allocation Fund

Performance & risk

Annualized return

+11.4%

Volatility

10.9%

Sharpe ratio

0.45

Based on ~10 months of weekly NAV history from AMFI. Volatility is the annualized standard deviation of NAV returns. Sharpe ratio assumes a 6.5% risk-free rate. Past performance does not guarantee future returns — not investment advice.

Top holdings

10 stocks

#
1	ICICI BankBanks₹162.46 Cr	—	₹162.46 Cr	11.32 L
2	HDFC BankBanks₹109.57 Cr	—	₹109.57 Cr	14.65 L
3	Larsen & ToubroConstruction₹63.77 Cr	—	₹63.77 Cr	1.62 L
4	Bharti AirtelTelecom - Services₹61.81 Cr	—	₹61.81 Cr	3.13 L
5	Mahindra & MahindraAutomobiles₹61.28 Cr	—	₹61.28 Cr	1.80 L
6	Reliance IndustriesPetroleum Products₹54.67 Cr	—	₹54.67 Cr	4.18 L
7	State Bank of IndiaBanks₹52.83 Cr	—	₹52.83 Cr	5.14 L
8	Axis BankBanks₹50.34 Cr	—	₹50.34 Cr	4.09 L
9	Bajaj FinanceFinance₹47.26 Cr	—	₹47.26 Cr	4.14 L
10	SBI Life Insurance CompanyInsurance₹32.67 Cr	—	₹32.67 Cr	1.74 L