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axis multi factor passive fof directgrowth
Axis Mutual Fund

Axis Multi Factor Passive FoF Direct-Growth

Equity: Thematic-Factor-based - Growth (Open ended)
Axis Multi Factor Passive FoF Direct-GrowthNAV: 15.58 as on 06 Sep, 2026
Risk levelCategoryBenchmark
Copyright © 2026 sharpely. All rights reserved.
Factsheet
SEBI Riskometer: Very HighCategory: Equity: Thematic-Factor-basedBenchmark: NIFTY 500 Total Return IndexCheck Portfolio Overlap →
NAV: ₹15.58-0.57%
07 Sept 2026
1 Week returns: -1.01 %
Category rank: 9/80
1 Month returns: -2.72 %
Category rank: 46/79
1 Year CAGR: 2.90 %
Category rank: 27/67
3 Years CAGR: 8.91 %
Category rank: -
5 Years CAGR: -
Category rank: -
52 week high/low
₹14.23
₹16.17
AUM
36.44
Expense Ratio
0.06
Inception
1646006.00
P/E
16.12
P/B
2.98
Max Drawdown
-0.22
Return 1M
-2.72
Return 1Y
2.90
Return 3Y
8.91
Return 5Y
-
Alpha
-1.50
Sharpe
0.34

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
3-year performance has been in the top 25th percentile

3-year CAGR of 8.91% is in the top 25th percentile in its category - Equity: Thematic-Factor-based

This is measured by percentile rank of the scheme in its category based on 3-year CAGR. Lower rank implies that scheme was a relative outperformer in its category

What is CAGR (3Y)?

Negative
Not enough talking points with negative stance
Neutral
Moderate performance consistency

The scheme was a top-quartile (25%) performer in 6.0 out of last 12 quarters

This is measured as the number of quarters, in the last 12 quarters, that the scheme was in the top quartile (25th percentile). Higher number implies that scheme has been a consistent performer

What is Consistency (quarterly)?

Relatively in line volatility

Volatility of scheme returns is roughly in the range of average volatility of the category

This measures the volatility of monthly returns of the scheme (in the last 3 years) with respect to average volatility of the category. Higher number implies that scheme has been riskier that average category risk

What is Volatility (3Y)?

Scheme Overview

The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic Equity ETFs falling under the factor theme.

Scheme Category Overview →

Plan Variants

Axis Multi Factor Passive FoF Direct-IDCW
Plan
IDCW
Payout
Irregular

Fund Managers

Nandik Mallik
Since: 1 Apr 2026
View details
Education
Mr. Mallik holds B.Tech degree and has also done PGDM (IIM Calcutta) and MS- Finance (London Business School).
Past Experience
Prior to joining the Axis MF, he was working with Avendus Capital Public Markets Alternate Strategies LLP, ICICI Prudential Asset Management Company Ltd, Edelweiss AMC, DC India Capital, Credit-Suisse (London), BNP Paribas (London), NM Rothschild (Mumbai) and Fair Isaac (Bangalore).
Funds managed (21)
1.Axis Nifty 100 Index Fund6 Mar 2026 – Present
2.Axis Quant Fund9 Dec 2025 – Present
3.Axis Nifty 50 Index Fund6 Mar 2026 – Present
4.Axis Nifty Next 50 Index Fund6 Mar 2026 – Present
5.Axis Multi Factor Passive FoF1 Apr 2026 – Present
6.Axis Nifty Smallcap 50 Index Fund6 Mar 2026 – Present
7.Axis Nifty Midcap 50 Index Fund6 Mar 2026 – Present
8.Axis Nifty IT Index Fund6 Mar 2026 – Present
9.Axis BSE Sensex Index Fund6 Mar 2026 – Present
10.Axis Nifty Bank Index Fund6 Mar 2026 – Present
11.Axis Nifty 500 Index Fund6 Mar 2026 – Present
12.Axis Nifty500 Value 50 Index Fund6 Mar 2026 – Present
13.Axis Momentum Fund9 Dec 2025 – Present
14.Axis Nifty500 Momentum 50 Index Fund6 Mar 2026 – Present
15.Axis Nifty500 Quality 50 Index Fund6 Mar 2026 – Present
16.Axis BSE India Sector Leaders Index Fund6 Mar 2026 – Present
17.Axis Nifty India Defence Index Fund10 Apr 2026 – Present
18.Axis Nifty Capital Markets Index Fund4 May 2026 – Present
19.Axis Nifty50 Equal Weight Index Fund3 Jul 2026 – Present
20.Axis Nifty Energy Index Fund7 Aug 2026 – Present
21.Axis Nifty500 Low Volatility 50 Index Fund9 Sep 2026 – Present
Rohit Gautam
Since: 1 Apr 2026
View details
Education
B.Tech. from IIT Bombay, PGDM from IIM Ahmedabad
Past Experience
Prior to joining the Axis MF, he was associated with IndiaFirst Life Insurance, Shriram AMC, Greater Pacific Capital.
Funds managed (19)
1.Axis Nifty 100 Index Fund6 Mar 2026 – Present
2.Axis Nifty 50 Index Fund6 Mar 2026 – Present
3.Axis Nifty Next 50 Index Fund6 Mar 2026 – Present
4.Axis Multi Factor Passive FoF1 Apr 2026 – Present
5.Axis Nifty Smallcap 50 Index Fund6 Mar 2026 – Present
6.Axis Nifty Midcap 50 Index Fund6 Mar 2026 – Present
7.Axis Nifty IT Index Fund6 Mar 2026 – Present
8.Axis BSE Sensex Index Fund6 Mar 2026 – Present
9.Axis Nifty Bank Index Fund6 Mar 2026 – Present
10.Axis Nifty 500 Index Fund6 Mar 2026 – Present
11.Axis Nifty500 Value 50 Index Fund6 Mar 2026 – Present
12.Axis Nifty500 Momentum 50 Index Fund6 Mar 2026 – Present
13.Axis Nifty500 Quality 50 Index Fund6 Mar 2026 – Present
14.Axis BSE India Sector Leaders Index Fund6 Mar 2026 – Present
15.Axis Nifty India Defence Index Fund10 Apr 2026 – Present
16.Axis Nifty Capital Markets Index Fund4 May 2026 – Present
17.Axis Nifty50 Equal Weight Index Fund3 Jul 2026 – Present
18.Axis Nifty Energy Index Fund7 Aug 2026 – Present
19.Axis Nifty500 Low Volatility 50 Index Fund9 Sep 2026 – Present

Key Scheme Details

Inception
27 Feb 2022
Expense Ratio
0.06%
AUM
₹36.44 Cr
Lock in
No lock in
Taxation
Equity
Min. Investment
₹5,000
Min. Addl Investment
-
Min. SIP Investment
₹1,000
Exit load
Exit load of 1% if redeemed within 15 days.

AMC Overview

Axis Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:
Jul 31, 2026
Total AUM: ₹ 3,77,427 Cr
Equity
₹ 2,14,989 Cr
Debt
₹ 1,34,025 Cr
Hybrid
₹ 21,339 Cr
Commodities
₹ 7,075 Cr
Dec 31, 2021Jan 31, 2022Feb 28, 2022Mar 31, 2022Apr 30, 2022May 31, 2022Jun 30, 2022Jul 31, 2022Aug 31, 2022Sep 30, 2022Oct 31, 2022Nov 30, 2022Dec 31, 2022Jan 31, 2023Feb 28, 2023Apr 30, 2023May 31, 2023Jun 30, 2023Jul 31, 2023Aug 31, 2023Sep 30, 2023Oct 31, 2023Nov 30, 2023Dec 31, 2023Jan 31, 2024Feb 29, 2024Mar 31, 2024Apr 30, 2024May 31, 2024Jun 30, 2024Jul 31, 2024Aug 31, 2024Sep 30, 2024Oct 31, 2024Nov 30, 2024Dec 31, 2024Jan 31, 2025Feb 28, 2025Mar 31, 2025Apr 30, 2025May 31, 2025Jun 30, 2025Jul 31, 2025Aug 31, 2025Sep 30, 2025Oct 31, 2025Nov 30, 2025Dec 31, 2025Jan 31, 2026Feb 28, 2026Mar 31, 2026Apr 30, 2026May 31, 2026Jun 30, 2026Jul 31, 2026
equity1,48,230 Cr1,44,504 Cr1,42,422 Cr1,49,648 Cr1,47,443 Cr1,40,447 Cr1,33,744 Cr1,49,553 Cr1,54,716 Cr1,50,242 Cr1,52,883 Cr1,53,031 Cr1,47,044 Cr1,41,096 Cr1,41,472 Cr1,44,473 Cr1,49,437 Cr1,54,199 Cr1,55,236 Cr1,52,759 Cr1,53,089 Cr1,49,054 Cr1,58,151 Cr1,67,283 Cr1,66,753 Cr1,69,042 Cr1,72,773 Cr1,76,283 Cr1,77,106 Cr1,89,464 Cr1,95,561 Cr1,97,850 Cr2,06,978 Cr1,94,508 Cr1,96,229 Cr1,97,702 Cr1,87,809 Cr1,74,298 Cr1,86,312 Cr1,91,344 Cr1,97,795 Cr2,05,656 Cr2,03,158 Cr2,00,418 Cr2,02,006 Cr2,08,582 Cr2,08,736 Cr2,06,091 Cr2,00,160 Cr2,03,549 Cr1,82,648 Cr2,02,748 Cr2,04,076 Cr2,10,631 Cr2,14,989 Cr
hybrid12,969 Cr13,714 Cr14,136 Cr14,975 Cr15,747 Cr14,829 Cr14,028 Cr14,320 Cr14,036 Cr13,331 Cr13,164 Cr12,696 Cr12,303 Cr11,867 Cr11,397 Cr10,607 Cr10,830 Cr10,694 Cr11,162 Cr10,977 Cr11,200 Cr11,129 Cr11,603 Cr11,796 Cr11,874 Cr12,033 Cr12,072 Cr12,411 Cr13,214 Cr13,930 Cr14,630 Cr14,748 Cr14,819 Cr14,561 Cr14,684 Cr14,897 Cr14,681 Cr14,266 Cr14,687 Cr15,478 Cr16,284 Cr16,745 Cr16,868 Cr17,315 Cr17,551 Cr18,154 Cr18,628 Cr18,978 Cr19,322 Cr19,911 Cr18,980 Cr20,256 Cr20,323 Cr21,143 Cr21,339 Cr
debt92,278 Cr1,02,328 Cr99,231 Cr88,106 Cr95,357 Cr85,136 Cr79,504 Cr77,469 Cr89,746 Cr78,622 Cr83,885 Cr83,221 Cr82,217 Cr87,096 Cr86,024 Cr86,837 Cr89,667 Cr86,449 Cr89,896 Cr95,379 Cr83,679 Cr92,461 Cr91,966 Cr83,116 Cr90,239 Cr99,450 Cr80,335 Cr96,985 Cr1,01,962 Cr87,884 Cr96,212 Cr1,02,100 Cr97,925 Cr1,08,284 Cr1,10,561 Cr1,05,458 Cr1,19,946 Cr1,18,131 Cr1,02,699 Cr1,17,890 Cr1,17,164 Cr1,15,060 Cr1,26,442 Cr1,25,711 Cr1,11,219 Cr1,27,748 Cr1,31,253 Cr1,24,112 Cr1,30,651 Cr1,35,415 Cr1,07,154 Cr1,35,707 Cr1,37,026 Cr1,18,153 Cr1,34,025 Cr
commodities610 Cr614 Cr645 Cr652 Cr673 Cr681 Cr692 Cr703 Cr690 Cr721 Cr714 Cr755 Cr782 Cr812 Cr802 Cr838 Cr852 Cr829 Cr857 Cr850 Cr775 Cr833 Cr839 Cr845 Cr845 Cr841 Cr910 Cr991 Cr1,028 Cr1,036 Cr1,033 Cr1,122 Cr1,205 Cr1,351 Cr1,337 Cr1,334 Cr1,468 Cr1,598 Cr1,737 Cr1,851 Cr1,926 Cr2,115 Cr2,305 Cr2,483 Cr3,208 Cr3,620 Cr4,039 Cr5,565 Cr8,565 Cr8,029 Cr7,448 Cr7,312 Cr7,699 Cr6,887 Cr7,075 Cr
Total2,54,087 Cr2,61,160 Cr2,56,434 Cr2,53,381 Cr2,59,220 Cr2,41,093 Cr2,27,969 Cr2,42,044 Cr2,59,188 Cr2,42,917 Cr2,50,645 Cr2,49,702 Cr2,42,346 Cr2,40,870 Cr2,39,695 Cr2,42,754 Cr2,50,786 Cr2,52,170 Cr2,57,150 Cr2,59,966 Cr2,48,742 Cr2,53,477 Cr2,62,559 Cr2,63,040 Cr2,69,711 Cr2,81,365 Cr2,66,090 Cr2,86,670 Cr2,93,311 Cr2,92,314 Cr3,07,437 Cr3,15,819 Cr3,20,926 Cr3,18,704 Cr3,22,812 Cr3,19,390 Cr3,23,903 Cr3,08,294 Cr3,05,435 Cr3,26,563 Cr3,33,169 Cr3,39,576 Cr3,48,773 Cr3,45,927 Cr3,33,985 Cr3,58,103 Cr3,62,655 Cr3,54,746 Cr3,58,698 Cr3,66,904 Cr3,16,229 Cr3,66,023 Cr3,69,123 Cr3,56,814 Cr3,77,427 Cr

AMC Details

AMC
Axis Mutual Fund
CEO
Gop Kumar Bhaskaran(Chief Executive Officer)
CIO
R Sivakumar(Chief Investment Officer)
IRO
C P Shivkumar Nair
Trustee
Axis Mutual Fund Trustee Ltd.
Address
23rd Floor, One Lodha Place,, S. B. Road, Lower Parel., Mumbai

Frequently Asked Questions

What is the current NAV of Axis Multi Factor Passive FoF Direct-Growth?
The current NAV of Axis Multi Factor Passive FoF Direct-Growth is ₹15.58 as of 6 Sep 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of Axis Multi Factor Passive FoF Direct-Growth?
The AUM (Assets Under Management) of Axis Multi Factor Passive FoF Direct-Growth is ₹36.44 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of Axis Multi Factor Passive FoF Direct-Growth?
The expense ratio of Axis Multi Factor Passive FoF Direct-Growth is 0.06% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of Axis Multi Factor Passive FoF Direct-Growth?
Axis Multi Factor Passive FoF Direct-Growth is managed by Nandik Mallik, Rohit Gautam. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of Axis Multi Factor Passive FoF Direct-Growth?
The benchmark of Axis Multi Factor Passive FoF Direct-Growth is NIFTY 500 Total Return Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was Axis Multi Factor Passive FoF Direct-Growth launched?
Axis Multi Factor Passive FoF Direct-Growth was launched on 27 Feb 2022. The fund has been in existence for 4 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in Axis Multi Factor Passive FoF Direct-Growth?
The minimum investment in Axis Multi Factor Passive FoF Direct-Growth is ₹5,000 for a lump sum and ₹1,000 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on Axis Multi Factor Passive FoF Direct-Growth?
Axis Multi Factor Passive FoF Direct-Growth has an exit load — Exit load of 1% if redeemed within 15 days.. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does Axis Multi Factor Passive FoF Direct-Growth belong to?
Axis Multi Factor Passive FoF Direct-Growth belongs to the Equity: Thematic-Factor-based category. You can view other funds in this category.