Axis Multicap Fund

Fund in Brief

The Axis Multicap Fund is a culmination of consistent investments across different segments. Investors aiming to gain long-term revenue with the least amount of volatility can invest in the fund. This fund is best suited for investors with high to moderate risk appetites. 

The fund employs a bottom-up approach while selecting stocks for investments. It focuses on each stock and its potential to multiply in time. The asset allocation is based on selecting the best in each sector. 

Capital gains from the fund are taxed in the following way:

• If units are sold after 12 months of allocation, gains up to Rs. 1 lac are tax exempt. However, capital gains that are over Rs. 1 lac would be taxed at 10%.

• If units are sold within 12 months of allocation, the entire capital gains amount would be taxed at 15%.

• If the investor decides to retain their units, no tax would be applicable.

Axis Multicap Fund Facts

The Axis Multicap Fund is an equity scheme that invests in stocks of diversified market capitalizations. The following table shows some facts related to the Axis Multicap Fund:

Investment Objective

The Axis Multicap Fund is an open-ended multi-cap equity investment scheme under the Axis Mutual Fund House. The fund's investment objective is to generate capital appreciation in the long term by investing in equity and equity-related instruments. The fund performs on the benchmark of the NIFTY 500 Total Return Index. 

The Axis Multicap Fund aims to achieve its investment objective by investing in stocks of undervalued companies that offer promising opportunities to generate maximum capital gains in the medium to long term. The fund has 96.11% of investment in Indian stocks. 

Of these total investments, the fund invests 66.75% in large-cap stocks, 6.99% in mid-cap stocks, and 5.97% in small-cap stocks.

Fund Summary

The Axis Multicap Fund has two types of schemes for its investors to choose from. 

Given below are the basic details about each fund scheme:

• Axis Multicap Fund - Regular Plan: The Regular Plan is available for investors who purchase units through a distributor. The basic details about this plan are:

• NAV (as of November 26th, 2021): Rs 19.05

• Expense Ratio: 1.78%

• CAGR since inception: 17.41%

• Axis Multicap Fund- Direct Plan: This plan is meant for investors who are willing to purchase units directly with the scheme, without a distributor. The basic details about this plan are:

• NAV (as of November 26th, 2021): Rs 20.22

• Expense Ratio: 0.55%

• CAGR since inception: 19.17%

Fund Return Summary

The following table shows the return summary of the Axis Multicap Fund - Regular Plan:

*Returns are subject to change. The investment risk in the investment portfolio is borne by the policyholder.

The following table shows the return summary of the Axis Multicap Fund - Direct Plan:

*Returns are subject to change. The investment risk in the investment portfolio is borne by the policyholder.

Pros and Cons

The following table shows the pros and cons of the Axis Multicap Fund:

Benefits of Axis Multicap Fund

The Axis Multicap Fund has the following benefits:

• Market Exposure: Axis Multicap Fund invests in large, mid, and small-cap stocks, which makes it a fund providing exposure to the entire market spectrum.

• Portfolio Diversification: Investments in the Axis Multicap Fund provide portfolio diversification across different market segments. This is possible through the stability of large-cap stocks and the growth potential of mid and small-cap stocks.

• Quality Stocks: The Axis Multicap Fund invests with market leaders, offering more access to quality stocks. 

• Risk Mitigation: The fund has sound risk-mitigation strategies.

• Long-Term Capital Appreciation: By investing in the Axis Multicap Fund for five or more years, you can be sure to gain returns suitable for long-term plans.

Who should invest in the Axis Multicap Fund?

The Axis Multicap Fund is suitable for:

• Investors who have a big appetite for market fluctuations

• Investors who are planning to invest in equity and equity-related instruments

• Investors who expect long-term wealth creation through investment

• Investors who want to invest for five or more years

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