MonitorDirect · GrowthWatch before adding
Axis Multi Asset Allocation Fund
Axis Mutual FundHybrid Schemes - Multi Asset Allocation Fund13.8 years
The fund seeks to generate regular income through investments in diversified portfolio of equity and equity related instruments, fixed income securities and gold exchange traded funds.
- NAV
- 50.9139
- 29 Oct 2026
- 1Y
- +2.0%
- Trailing CAGR
- AUM
- ₹2,616.47 Cr
- 30 Sept 2026
- Volatility
- Medium
- 10.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Prefer peers if · Prefer DSP Multi Asset Allocation Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.23% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -27.4%. Ask whether you can hold through a similar fall.
Vs category
Fail
34% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Pratik Tibrewal · 1.7 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 43.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 27%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+2.0%
- 3Y+13.5%
- 5Y+8.2%
- 10Y+11.2%
- SI+10.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-2.0%
- 3Y+8.4%
- 5Y+10.3%
- 10Y+11.9%
- Since inception
- +10.6%
- Calendar-day CAGR
- Excess 1Y
- -1.4%
- Category median, same plan and option
- 3Y win rate
- +34%
- Windows beating the median
- 3Y percentile
- 50
- Vs comparable share classes
- SIP 3Y XIRR
- +8.4%
- Simulated monthly SIP
- Worst rolling 3Y
- +0.3%
- 2661 daily-ending windows
- Median rolling 3Y
- +11.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2168 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -27.4%
- Worst peak-to-trough
- Current
- -6.6%
- Below last peak
- Current spell
- 273 days
- Days below latest peak
- Time below peak
- +86%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 12 days
- 198 recovered episodes
- Longest recovery
- 448 days
- Trough to prior peak
13 Feb 2020 – 9 Oct 2020
Trough 23 Mar 2020 · recovered in 200 days
-27.4%
17 Jan 2022 – 8 Sept 2023
Trough 17 Jun 2022 · recovered in 448 days
-17.4%
31 Aug 2018 – 20 May 2019
Trough 26 Oct 2018 · recovered in 206 days
-12.5%
29 Jan 2026 – open
Trough 23 Mar 2026 · not recovered
-12.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
50
Vs category
41
Consistency
40
Risk-adjusted
49
Drawdown
32
Mean
42
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
30 Sept 2026 · 116 holdings · top 10 are 43.0%.
- Top 5
- 29.7%
- Top 10
- 43.0%
- Largest holding
- 11.8%
- Effective holdings
- 32.6
Axis Gold ETF-Growth
Unspecified
11.8%
ICICI Bank Ltd
Financial
5.6%
Net Receivables
Unspecified
4.8%
HDFC Bank Ltd
Financial
4.2%
Axis Silver ETF Regular-Growth
Unspecified
3.3%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
18 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
17 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
DSP Multi Asset Allocation Fund
DSP Mutual Fund
- 1Y
- +4.2%
- 3Y
- +17.3%
- Vol
- 8.9%
- Max DD
- -9.7%
- Sharpe
- 1.27
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
WhiteOak Capital Multi Asset Allocation Fund
WhiteOak Capital Mutual Fund
- 1Y
- +6.0%
- 3Y
- +16.1%
- Vol
- 5.6%
- Max DD
- -6.1%
- Sharpe
- 1.58
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
HDFC Multi Asset Allocation Fund
HDFC Mutual Fund
- 1Y
- -2.6%
- 3Y
- +11.1%
- Vol
- 8.0%
- Max DD
- -27.1%
- Sharpe
- 0.65
- 3Y win
- +44%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Invesco India Multi Asset Allocation Fund
Invesco Mutual Fund
- 1Y
- +5.1%
- 3Y
- n/a
- Vol
- 9.8%
- Max DD
- -11.0%
- Sharpe
- 0.65
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Mahindra Manulife Multi Asset Allocation Fund
Mahindra Manulife Mutual Fund
- 1Y
- +3.9%
- 3Y
- n/a
- Vol
- 9.0%
- Max DD
- -9.5%
- Sharpe
- 0.81
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns