Should I invest in Axis Multi Asset Allocation Fund - Monthly IDCW?

We don't give personal investment advice. Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW 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: 21.4%. 5-year CAGR: 2.95%.

Axis

Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW

Latest NAV

₹27.3424

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.

Period

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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%	+0.16%	+0.09	13 / 35	Q2
1W	-0.35%	-0.33%	-0.02	22 / 35	Q3
2W	-0.45%	-0.45%	+0.01	22 / 35	Q3
1M	+0.38%	-0.11%	+0.49	13 / 35	Q2
3M	-0.18%	+0.65%	-0.82	26 / 35	Q3
6M	-3.48%	-0.25%	-3.22	29 / 33	Q4
YTD	-2.02%	+0.67%	-2.69	28 / 33	Q4
1Y	+4.81%	+10.13%	-5.32	25 / 30	Q4
2Y	+1.97%	+7.96%	-5.99	23 / 25	Q4
3Y	+5.88%	+13.47%	-7.59	14 / 14	Q4
4Y	+5.49%	+15.02%	-9.53	11 / 11	Q4
5Y	+2.95%	+12.54%	-9.59	11 / 11	Q4
7Y	+6.07%	+13.10%	-7.03	8 / 8	Q4
10Y	+6.46%	+9.88%	-3.42	7 / 8	Q4
Inception	+6.98%	+11.35%	-4.37	27 / 35	Q4

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	-2.02%	+0.67%	-2.69	28 / 33
2025	+8.19%	+16.31%	-8.11	24 / 26
2024	+8.31%	+15.15%	-6.84	14 / 16
2023	+5.13%	+20.71%	-15.58	12 / 12
2022	-11.56%	+5.20%	-16.75	11 / 11
2021	+16.55%	+21.30%	-4.75	6 / 11
2020	+10.55%	+14.75%	-4.20	6 / 8
2019	+14.34%	+6.12%	+8.22	1 / 8
2018	+2.90%	-2.80%	+5.69	2 / 8
2017	+17.10%	+8.47%	+8.63	2 / 8
2016	+7.60%	+5.66%	+1.93	2 / 8

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

+8.29%

153 windows

min -14.1% · max 34.8%

80% positive

3-Year rolling

+7.55%

129 windows

min 0.3% · max 16.8%

100% positive

5-Year rolling

+7.69%

105 windows

min 3.0% · max 12.5%

100% positive

7-Year rolling

+7.68%

80 windows

min 5.5% · max 11.0%

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

8.47%

3-year · annualised

Sharpe ratio

-0.05

vs risk-free 6.5%

Sortino ratio

-0.08

Downside-only deviation

Max drawdown

-12.79%

Sep 2024 → Feb 2025

% positive months

55.6%

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 - IDCW Option - Direct Plan	HDFC	₹21.4630	17 Jul 2026
NIPPON INDIA MULTI ASSET ALLOCATION FUND - DIRECT Plan - IDCW Option	Nippon India	₹25.5779	17 Jul 2026
SBI Multi Asset Allocation Fund - Direct Plan - Annual Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹42.4918	17 Jul 2026
ICICI Prudential Multi-Asset Fund - Direct Plan - IDCW	ICICI Prudential	₹59.6735	17 Jul 2026
Invesco India Multi Asset Allocation Fund - Direct Plan - IDCW	Invesco	₹12.5900	17 Jul 2026
Bandhan Multi Asset Allocation Fund - Direct Plan - IDCW	Bandhan	₹13.7238	17 Jul 2026
quant Multi Asset Allocation Fund - IDCW Option - Direct Plan	Quant	₹170.4055	17 Jul 2026
Aditya Birla Sun Life Multi Asset Allocation Fund-Direct IDCW	Aditya Birla Sun Life	₹15.9820	17 Jul 2026
Franklin India Multi Asset Allocation Fund- Direct- IDCW	Franklin India	₹11.0754	17 Jul 2026
Mirae Asset Multi Asset Allocation Fund - Direct Plan - IDCW	Mirae Asset	₹13.9480	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹27.3424
16 Jul 2026	₹27.2733
15 Jul 2026	₹27.3033
14 Jul 2026	₹27.2172
13 Jul 2026	₹27.3812
10 Jul 2026	₹27.4379
9 Jul 2026	₹27.2677
8 Jul 2026	₹27.0899
7 Jul 2026	₹27.5102
6 Jul 2026	₹27.5694

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 - Monthly IDCW is ₹27.3424. It's a Multi Asset Allocation Fund from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW 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 - Monthly IDCW 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 - Monthly IDCW has delivered a absolute return of 4.81% — -5.32 pp behind the Multi Asset Allocation Fund category average of 10.13%. The fund ranks #25 of 30 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW has delivered a CAGR of 5.88% — -7.59 pp behind the Multi Asset Allocation Fund category average of 13.47%. The fund ranks #14 of 14 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW has delivered a CAGR of 2.95% — -9.59 pp behind the Multi Asset Allocation Fund category average of 12.54%. The fund ranks #11 of 11 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW exactly 10 years ago would be worth approximately ₹187,047 today — a multiplier of 1.87×, based on the 10-year CAGR of 6.46%. The category average over the same window would have grown ₹1 lakh to ₹256,601.

A ₹10,000 monthly SIP in Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹670,265 today. That's an XIRR (money-weighted annualised return) of 4.38%.

A ₹10,000 monthly SIP for 10 years in Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW = ₹1,200,000 invested. It would currently be worth ₹1,620,001 (multiplier 1.35×). XIRR: 5.85%. 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 - Monthly IDCW ranks #11 out of 11 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 12.54%; this fund delivered 2.95%.

The worst peak-to-trough decline Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW has experienced over the last 5-year window is 21.44% — its NAV fell from a high on 16 Nov 2021 to a low on 28 Mar 2023. 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 - Monthly IDCW averaged 7.69% (best 12.48%, worst 2.95%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.29 — negative risk-adjusted performance.

In calendar year 2025, Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW returned 8.19% — lagging the Multi Asset Allocation Fund category average of 16.31% by 8.11 pp. It ranked #24 of 26 in its category that year.

Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW 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 - Monthly IDCW 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: 21.4%. 5-year CAGR: 2.95%.

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 - Monthly IDCW

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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