Axis Multicap Fund Direct-Growth
Equity: Multi Cap - Growth (Open ended)
SEBI Riskometer: Very HighCategory: Equity: Multi CapBenchmark: Nifty 500 Multicap 50:25:25 Total Return IndexCheck Portfolio Overlap →
NAV: ₹19.6-0.71%
22 Oct 2026
Rolling Returns Analysis
Rolling annualized returns of Axis Multicap Fund Direct-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 28 Dec, 2022 - 22 Oct, 2026 | 07 Jan, 2025 - 22 Oct, 2026 | - | - |
| Average returns | 21.49% | 22.63% | - | - |
| Standard deviation | 19.31% | 2.67% | - | - |
| Best returns | 62.11% 1 year ending on 08 Apr, 2024 | 30.74% 3 years ending on 01 Jul, 2025 | - | - |
| Worst returns | -4.29% 1 year ending on 28 Mar, 2023 | 16.49% 3 years ending on 22 Oct, 2026 | - | - |
| Period with positive return | 93.14% | 100.00% | - | - |
| Period with return > 5% | 77.43% | 100.00% | - | - |
| Period with return > 10% | 59.81% | 100.00% | - | - |
| Period with return > 15% | 49.79% | 100.00% | - | - |
| Beat % Category | 74.58% | 100.00% | - | - |
| Beat % Benchmark | 86.18% | 100.00% | - | - |
Trailing Returns
Point-to-point returns of Axis Multicap Fund Direct-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
0%
10%
2.9%
-1.6%
-8.4%
YTD
-6.7%
-6.1%
-4.8%
1 M
4.1%
-0.3%
-5.0%
6 M
1.7%
-2.1%
-7.8%
1 Y
17.0%
12.9%
9.8%
3 Y
12.4%
8.2%
5 Y
12.3%
10 Y
Fund
Equity: Multi Cap
Nifty 500 Multicap 50:25:25 Total Return Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | 2.89% | -6.67% | 4.09% | 1.65% | 16.97% | - | - | 14.89% |
| Equity: Multi Cap | -1.58% | -6.14% | -0.28% | -2.10% | 12.86% | 12.42% | - | - |
| Nifty 500 Multicap 50:25:25 Total Return Index | -8.38% | -4.79% | -5.01% | -7.84% | 9.75% | 8.18% | 12.35% | - |
| Rank in category | 6 | 29 | 4 | 9 | 1 | - | - | - |
| Funds in category | 36 | 37 | 36 | 36 | 22 | 10 | 0 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Axis Multicap Fund Direct-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Axis Multicap Fund Direct-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
Compare performance with respect toAdd benchmark
Add benchmark
Frequently Asked Questions
What are the 1-year returns of Axis Multicap Fund Direct-Growth?
Axis Multicap Fund Direct-Growth has delivered a 1-year return of 1.65% as of 21 Oct 2026. During the same period, its benchmark Nifty 500 Multicap 50:25:25 Total Return Index returned -7.84%. The fund has outperformed its benchmark over this period.
What are the 3-year returns of Axis Multicap Fund Direct-Growth?
Axis Multicap Fund Direct-Growth has delivered a 3-year CAGR of 16.97% as of 21 Oct 2026. Its benchmark Nifty 500 Multicap 50:25:25 Total Return Index returned 9.75% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year mutual fund performance as it smooths out year-to-year volatility.
What are the 5-year returns of Axis Multicap Fund Direct-Growth?
The 5-year CAGR for Axis Multicap Fund Direct-Growth is shown in the Trailing Returns section above.
What are the returns of Axis Multicap Fund Direct-Growth since inception?
Since its launch on 22 Dec 2021, Axis Multicap Fund Direct-Growth has delivered a CAGR of 14.89%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Axis Multicap Fund Direct-Growth performed vs its category over the long term?
Over the long term, Axis Multicap Fund Direct-Growth has ranked 1 out of 22 funds in the Equity: Multi Cap category on a 3-year basis, and - on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Axis Multicap Fund Direct-Growth?
The Sharpe ratio of Axis Multicap Fund Direct-Growth is 0.80 (as of 21 Oct 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Axis Multicap Fund Direct-Growth?
The 3Y alpha of Axis Multicap Fund Direct-Growth is 9.57% (as of 21 Oct 2026). Alpha measures the excess return generated by the fund over and above its benchmark Nifty 500 Multicap 50:25:25 Total Return Index, after adjusting for risk. A positive alpha means the fund manager has added value beyond what the market delivered. A negative alpha means the fund has underperformed its benchmark on a risk-adjusted basis.
What is the beta of Axis Multicap Fund Direct-Growth?
The beta of Axis Multicap Fund Direct-Growth is 0.92 (as of 21 Oct 2026). Beta measures how sensitive the fund is to market movements relative to its benchmark Nifty 500 Multicap 50:25:25 Total Return Index. A beta of 1 means the fund moves in line with the market. A beta above 1 means it is more volatile than the market; below 1 means it is less volatile. Axis Multicap Fund Direct-Growth's beta of 0.92 indicates it is more defensive than its benchmark.
What are the rolling returns of Axis Multicap Fund Direct-Growth?
The average 1-year and 3-year rolling returns of Axis Multicap Fund Direct-Growth is 21.49% and 22.63% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.