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: 3.08%.

Axis

Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW

Latest NAV

₹26.7065

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

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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	+0.33%	+0.20%	+0.13	14 / 35	Q2
1W	-1.50%	-0.98%	-0.52	30 / 35	Q4
2W	-1.42%	-0.26%	-1.16	35 / 35	Q4
1M	-1.06%	+0.13%	-1.19	34 / 35	Q4
3M	-5.86%	-2.09%	-3.76	32 / 33	Q4
6M	-2.78%	+1.40%	-4.18	30 / 33	Q4
YTD	-4.00%	-0.43%	-3.57	31 / 33	Q4
1Y	+4.40%	+11.20%	-6.79	24 / 28	Q4
2Y	+3.45%	+9.60%	-6.14	23 / 24	Q4
3Y	+6.48%	+14.61%	-8.13	14 / 14	Q4
4Y	+4.68%	+14.57%	-9.89	11 / 11	Q4
5Y	+3.08%	+12.77%	-9.69	11 / 11	Q4
7Y	+5.53%	+12.78%	-7.25	8 / 8	Q4
10Y	+6.79%	+10.06%	-3.27	7 / 8	Q4
Inception	+6.89%	+11.47%	-4.58	28 / 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	-4.00%	-0.43%	-3.57	31 / 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

+8.10%

152 windows

min -14.2% · max 41.2%

83% positive

3-Year rolling

+7.38%

127 windows

min -0.4% · max 18.0%

98% positive

5-Year rolling

+7.67%

103 windows

min 2.3% · max 12.4%

100% positive

7-Year rolling

+7.67%

79 windows

min 5.1% · max 10.9%

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

9.29%

3-year · annualised

Sharpe ratio

0.03

vs risk-free 6.5%

Sortino ratio

0.04

Downside-only deviation

Max drawdown

-12.79%

Sep 2024 → Feb 2025

% 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 - IDCW Option - Direct Plan	HDFC	₹20.9860	3 Jun 2026
NIPPON INDIA MULTI ASSET ALLOCATION FUND - DIRECT Plan - IDCW Option	Nippon India	₹25.6345	2 Jun 2026
SBI Multi Asset Allocation Fund - Direct Plan - Annual Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹42.0337	3 Jun 2026
ICICI Prudential Multi-Asset Fund - Direct Plan - IDCW	ICICI Prudential	₹58.7577	2 Jun 2026
Invesco India Multi Asset Allocation Fund - Direct Plan - IDCW	Invesco	₹12.4400	3 Jun 2026
Bandhan Multi Asset Allocation Fund - Direct Plan - IDCW	Bandhan	₹13.6390	2 Jun 2026
quant Multi Asset Allocation Fund - IDCW Option - Direct Plan	Quant	₹165.9244	3 Jun 2026
Aditya Birla Sun Life Multi Asset Allocation Fund-Direct IDCW	Aditya Birla Sun Life	₹15.5761	3 Jun 2026
Franklin India Multi Asset Allocation Fund- Direct- IDCW	Franklin India	₹10.9111	3 Jun 2026
Mirae Asset Multi Asset Allocation Fund - Direct Plan - IDCW	Mirae Asset	₹13.7070	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹26.7065
2 Jun 2026	₹26.7896
1 Jun 2026	₹26.7004
31 May 2026	₹26.9319
29 May 2026	₹26.9315
27 May 2026	₹27.1906
26 May 2026	₹27.1975
25 May 2026	₹27.4487
22 May 2026	₹27.1970
21 May 2026	₹27.1512

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 - Monthly IDCW is ₹26.7065. 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 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 - 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 4.40% — -6.79 pp behind the Multi Asset Allocation Fund category average of 11.20%. The fund ranks #24 of 28 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 6.48% — -8.13 pp behind the Multi Asset Allocation Fund category average of 14.61%. 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 3.08% — -9.69 pp behind the Multi Asset Allocation Fund category average of 12.77%. 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 ₹192,888 today — a multiplier of 1.93×, based on the 10-year CAGR of 6.79%. The category average over the same window would have grown ₹1 lakh to ₹260,733.

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 ₹661,707 today. That's an XIRR (money-weighted annualised return) of 3.86%.

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 ₹1,601,476 (multiplier 1.33×). XIRR: 5.63%. 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 12.77%; this fund delivered 3.08%.

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 7.67% (best 12.39%, worst 2.27%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.28 — 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: 3.08%.

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