MF Gyan
hybridModerate risk14 years oldCooling recently (last 6m ≈ 1% p.a.)

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option

Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds. From Axis Mutual Fund. It's been running since 2 Jan 2013.

Latest price per unit
₹53.3567
▼ 0.65% today
As of 1 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.13 L
▲ ₹13.2k gain · 13.2% / year
Invested 3 years ago
₹1.51 L
▲ ₹50.7k gain · 14.7% / year
Invested 5 years ago
₹1.61 L
▲ ₹60.7k gain · 9.9% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.16 L
Gain / loss+₹36.0k
XIRR (annualised)12.91%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.21 L
Projected gain*+₹40.8k
*at this fund's historical rate of 12.91% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 27 other funds in Hybrid Schemes - Multi Asset Allocation Fund

Same plan
1-year return
13.23%median 12.64% (+0.59%)
Rank #10 of 28Beats 57% of peers
3-year return
14.65%median 12.81% (+1.84%)
Rank #4 of 28Beats 63% of peers
5-year return
9.95%median 11.52% (-1.57%)
Rank #5 of 28Beats 43% of peers
Bumpiness (3Y)
10.65%median 9.62% (+1.03%)
Rank #20 of 28Less risky than 30% of peers
Worst-ever drop
-27.42%median -10.98% (-16.43%)
Rank #5 of 28Less risky than 85% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 6 of last 7 years were positive.

+20%
2020
+25%
2021
-5%
2022
+14%
2023
+16%
2024
+16%
2025
+3%
2026
Best year
2021 · 24.56%
Worst year
2022 · -5.35%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
10.7%

The value swings roughly 11% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-27.42%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option against other hybrid funds.

Technical details (for the pros)
CAGR — 1 year13.23%
CAGR — 3 years14.65%
CAGR — 5 years9.95%
CAGR — since launch11.06%
Volatility — 1 year (annualised)12.34%
Volatility — 3 years (annualised)10.65%
Max drawdown — 1 year-12.12%
Max drawdown — 3 years-12.12%
Sharpe ratio — 1 year (rf=6%)0.53
Sharpe ratio — 3 years (rf=6%)0.74

Fund info

Fund house
Axis Mutual Fund
Category
Hybrid Schemes - Multi Asset Allocation Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF846K01EV4
ISIN (Div re-invest)
—
Fund code
120524
First price on record
2 Jan 2013 · 3,370 daily prices

About Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option is a Hybrid Schemes - Multi Asset Allocation Fund offered by Axis Mutual Fund under the Direct plan with the Growth option. It has approximately 14 years of NAV track record. The fund falls in the hybrid category — Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.

The current NAV of Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option is ₹53.3567 (as of 1 Sep 2026). Historically, it has delivered 13.22% over the last year, 14.65% CAGR over 3 years, 9.95% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 10.7% annualised volatility — a "moderate" level of bumpiness; its deepest peak-to-trough fall on record was 27.4%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option?+

The latest NAV of Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option is ₹53.3567 as of 1 Sep 2026, down 0.65% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option?+

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option has delivered 1-year return 13.22%, 3-year CAGR 14.65%, 5-year CAGR 9.95%, since-inception CAGR 11.06%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option belong to?+

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option is categorised as Hybrid Schemes - Multi Asset Allocation Fund. Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.

How risky is Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option?+

Based on its 3-year annualised volatility of 10.7%, Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option sits in the "moderate" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option a direct plan?+

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option?+

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Option has NAV history available from 2 Jan 2013 — approximately 14 years of track record and 3,370 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.