Should I invest in Axis Multi Asset Allocation Fund?

We don't give personal investment advice. Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 17.4%. 5-year CAGR: 10.93%.

Axis

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option

Latest NAV

₹50.7042

As of

3 Jun 2026

3,308 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.33%	+0.19%	+0.14	15 / 35	Q2
1W	-1.50%	-0.97%	-0.53	31 / 35	Q4
2W	-0.88%	-0.24%	-0.64	30 / 35	Q4
1M	-0.51%	+0.23%	-0.74	24 / 35	Q3
3M	-4.26%	-1.35%	-2.91	30 / 33	Q4
6M	+0.44%	+2.66%	-2.22	22 / 33	Q3
YTD	-1.35%	+0.81%	-2.17	23 / 33	Q3
1Y	+11.59%	+12.65%	-1.06	15 / 28	Q3
2Y	+10.78%	+11.25%	-0.47	13 / 23	Q3
3Y	+14.39%	+16.82%	-2.43	10 / 12	Q4
4Y	+12.73%	+16.90%	-4.16	8 / 8	Q4
5Y	+10.93%	+15.26%	-4.33	8 / 8	Q4
7Y	+13.20%	+16.29%	-3.09	6 / 6	Q4
10Y	+12.17%	+14.02%	-1.85	4 / 6	Q3
Inception	+10.87%	+12.89%	-2.02	25 / 35	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-1.35%	+0.81%	-2.17	23 / 33
2025	+15.98%	+17.52%	-1.54	18 / 26
2024	+16.35%	+16.83%	-0.49	9 / 15
2023	+14.03%	+22.93%	-8.89	9 / 9
2022	-4.31%	+7.52%	-11.83	8 / 8
2021	+24.56%	+25.85%	-1.30	3 / 8
2020	+19.52%	+17.95%	+1.56	3 / 6
2019	+16.45%	+10.15%	+6.29	1 / 6
2018	+2.92%	+1.16%	+1.76	2 / 6
2017	+17.09%	+14.77%	+2.31	3 / 6
2016	+7.62%	+9.99%	-2.37	6 / 6

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+12.19%

152 windows

min -10.3% · max 52.2%

90% positive

3-Year rolling

+11.47%

127 windows

min 1.5% · max 24.1%

100% positive

5-Year rolling

+11.74%

103 windows

min 3.1% · max 17.1%

100% positive

7-Year rolling

+11.70%

79 windows

min 6.0% · max 14.9%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

9.34%

3-year · annualised

Sharpe ratio

0.80

vs risk-free 6.5%

Sortino ratio

1.22

Downside-only deviation

Max drawdown

-12.12%

Jan 2026 → Mar 2026

% positive months

75.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Multi Asset Allocation Fund

Scheme	Fund house	NAV	As of
HDFC Multi-Asset Fund - Growth Option - Direct Plan	HDFC	₹82.3540	3 Jun 2026
Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option	Nippon India	₹26.3932	2 Jun 2026
SBI MULTI ASSET ALLOCATION FUND - DIRECT PLAN - GROWTH	SBI	₹73.7773	3 Jun 2026
ICICI Prudential Multi-Asset Fund - Direct Plan - Growth	ICICI Prudential	₹881.1632	2 Jun 2026
Invesco India Multi Asset Allocation Fund - Direct Plan - Growth	Invesco	₹12.4500	3 Jun 2026
Bandhan Multi Asset Allocation Fund - Direct Plan - Growth	Bandhan	₹14.5409	2 Jun 2026
quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan	Quant	₹180.0410	3 Jun 2026
Quantum Multi Asset Allocation Fund - Direct Plan Growth Option	Quantum	₹12.1000	3 Jun 2026
Aditya Birla Sun Life Multi Asset Allocation Fund-Direct Growth	Aditya Birla Sun Life	₹17.2302	3 Jun 2026
Franklin India Multi Asset Allocation Fund- Direct-Growth	Franklin India	₹10.9111	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹50.7042
2 Jun 2026	₹50.8620
1 Jun 2026	₹50.6927
31 May 2026	₹51.1321
29 May 2026	₹51.1313
27 May 2026	₹51.6234
26 May 2026	₹51.6363
25 May 2026	₹51.8275
22 May 2026	₹51.3521
21 May 2026	₹51.2657

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is ₹50.7042. It's a Multi Asset Allocation Fund from Axis, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is managed by Axis. It's classified by AMFI under the 'Multi Asset Allocation Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Multi Asset Allocation Fund - Direct Plan - Growth Option has delivered a absolute return of 11.59% — -1.06 pp behind the Multi Asset Allocation Fund category average of 12.65%. The fund ranks #15 of 28 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Axis Multi Asset Allocation Fund - Direct Plan - Growth Option has delivered a CAGR of 14.39% — -2.43 pp behind the Multi Asset Allocation Fund category average of 16.82%. The fund ranks #10 of 12 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Axis Multi Asset Allocation Fund - Direct Plan - Growth Option has delivered a CAGR of 10.93% — -4.33 pp behind the Multi Asset Allocation Fund category average of 15.26%. The fund ranks #8 of 8 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Axis Multi Asset Allocation Fund - Direct Plan - Growth Option exactly 10 years ago would be worth approximately ₹315,286 today — a multiplier of 3.15×, based on the 10-year CAGR of 12.17%. The category average over the same window would have grown ₹1 lakh to ₹371,370.

A ₹10,000 monthly SIP in Axis Multi Asset Allocation Fund - Direct Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹803,062 today. That's an XIRR (money-weighted annualised return) of 11.60%.

A ₹10,000 monthly SIP for 10 years in Axis Multi Asset Allocation Fund - Direct Plan - Growth Option = ₹1,200,000 invested. It would currently be worth ₹2,313,471 (multiplier 1.93×). XIRR: 12.60%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Axis Multi Asset Allocation Fund - Direct Plan - Growth Option ranks #8 out of 8 funds in the Multi Asset Allocation Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 15.26%; this fund delivered 10.93%.

The worst peak-to-trough decline Axis Multi Asset Allocation Fund - Direct Plan - Growth Option has experienced over the last 5-year window is 17.35% — its NAV fell from a high on 17 Jan 2022 to a low on 17 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Axis Multi Asset Allocation Fund - Direct Plan - Growth Option averaged 11.74% (best 17.11%, worst 3.06%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.44 — weak risk-adjusted performance.

In calendar year 2025, Axis Multi Asset Allocation Fund - Direct Plan - Growth Option returned 15.98% — lagging the Multi Asset Allocation Fund category average of 17.52% by 1.54 pp. It ranked #18 of 26 in its category that year.

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 17.4%. 5-year CAGR: 10.93%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Multi Asset Allocation Fund

Recent NAVs

Frequently asked questions

More from Axis