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: 10.81%.

Axis

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option

Latest NAV

₹52.2002

As of

17 Jul 2026

3,339 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.

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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	+0.25%	+0.15%	+0.11	14 / 35	Q2
1W	-0.35%	-0.24%	-0.11	23 / 35	Q3
2W	-0.45%	-0.37%	-0.08	23 / 35	Q3
1M	+0.93%	+0.08%	+0.85	5 / 35	Q1
3M	+1.49%	+0.91%	+0.59	10 / 35	Q2
6M	-0.26%	+1.12%	-1.38	23 / 33	Q3
YTD	+1.24%	+2.11%	-0.87	22 / 33	Q3
1Y	+12.00%	+11.74%	+0.26	13 / 30	Q2
2Y	+9.17%	+9.73%	-0.57	13 / 24	Q3
3Y	+13.70%	+15.50%	-1.80	10 / 13	Q4
4Y	+13.57%	+17.50%	-3.94	8 / 8	Q4
5Y	+10.81%	+15.03%	-4.23	8 / 8	Q4
7Y	+13.87%	+16.69%	-2.82	6 / 6	Q4
10Y	+11.89%	+13.79%	-1.90	4 / 6	Q3
Inception	+10.98%	+12.75%	-1.77	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	+1.24%	+2.11%	-0.87	22 / 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

+12.39%

153 windows

min -6.9% · max 44.8%

90% positive

3-Year rolling

+11.68%

129 windows

min 3.3% · max 22.8%

100% positive

5-Year rolling

+11.80%

105 windows

min 4.2% · max 18.8%

100% positive

7-Year rolling

+11.81%

80 windows

min 6.6% · max 15.5%

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

8.53%

3-year · annualised

Sharpe ratio

0.79

vs risk-free 6.5%

Sortino ratio

1.49

Downside-only deviation

Max drawdown

-12.12%

Jan 2026 → Mar 2026

% positive months

63.9%

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	₹84.2300	17 Jul 2026
Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option	Nippon India	₹26.6486	17 Jul 2026
SBI MULTI ASSET ALLOCATION FUND - DIRECT PLAN - GROWTH	SBI	₹74.5817	17 Jul 2026
ICICI Prudential Multi-Asset Fund - Direct Plan - Growth	ICICI Prudential	₹899.7555	17 Jul 2026
Invesco India Multi Asset Allocation Fund - Direct Plan - Growth	Invesco	₹12.6100	17 Jul 2026
Bandhan Multi Asset Allocation Fund - Direct Plan - Growth	Bandhan	₹14.6315	17 Jul 2026
quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan	Quant	₹184.9035	17 Jul 2026
Quantum Multi Asset Allocation Fund - Direct Plan Growth Option	Quantum	₹12.2600	17 Jul 2026
Aditya Birla Sun Life Multi Asset Allocation Fund-Direct Growth	Aditya Birla Sun Life	₹17.6792	17 Jul 2026
Franklin India Multi Asset Allocation Fund- Direct-Growth	Franklin India	₹11.0754	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹52.2002
16 Jul 2026	₹52.0682
15 Jul 2026	₹52.1255
14 Jul 2026	₹51.9612
13 Jul 2026	₹52.2742
10 Jul 2026	₹52.3825
9 Jul 2026	₹52.0575
8 Jul 2026	₹51.7181
7 Jul 2026	₹52.5205
6 Jul 2026	₹52.6336

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 17 Jul 2026, the NAV of Axis Multi Asset Allocation Fund - Direct Plan - Growth Option is ₹52.2002. 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 6 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 12.00% — +0.26 pp ahead of the Multi Asset Allocation Fund category average of 11.74%. The fund ranks #13 of 30 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Axis Multi Asset Allocation Fund - Direct Plan - Growth Option has delivered a CAGR of 13.70% — -1.8 pp behind the Multi Asset Allocation Fund category average of 15.50%. The fund ranks #10 of 13 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 10.81% — -4.23 pp behind the Multi Asset Allocation Fund category average of 15.03%. 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 ₹307,427 today — a multiplier of 3.07×, based on the 10-year CAGR of 11.89%. The category average over the same window would have grown ₹1 lakh to ₹363,959.

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 ₹813,196 today. That's an XIRR (money-weighted annualised return) of 12.11%.

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 ₹2,345,618 (multiplier 1.95×). XIRR: 12.86%. 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 15.03%; this fund delivered 10.81%.

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 11.80% (best 18.76%, worst 4.23%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.40 — 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: 10.81%.

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

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