Axis Multicap Fund – Growth Plan Review & Comparison with Kotak and Nippon India Multicap
In this detailed review, we analyse Axis Multicap Fund – Growth Plan and compare it with Kotak Multicap Fund and Nippon India Multi Cap Fund across NAV, AUM, CAGR returns, SIP performance, expense ratio, benchmark, and plan types.
Axis Multicap Fund – Growth Plan Overview
- Fund House: Axis Mutual Fund
- Fund Managers: Nitin Arora, Shreyash Devalkar, Hitesh Das
- Benchmark: NIFTY500 MULTICAP 50:25:25 TRI
- Latest NAV (Regular): ₹17.83
- AUM: ~₹9,271 Crore
- Risk Level: Very High
Axis Multicap Fund – Return Comparison (CAGR)
| Time Period | Regular Plan CAGR | Category Average | Benchmark |
|---|---|---|---|
| 1 Year | ~6.8% | ~6.3% | ~8.5% |
| 3 Years | ~22.4% | ~18.5% | ~18.9% |
| 5 Years | Not Available* | N/A | N/A |
| Since Inception | ~14.6% | ~12–15% | ~15.6% |
*5-year data not fully available as the fund was launched in Dec 2021.
Direct vs Regular Plan – Axis Multicap
| Feature | Direct Plan | Regular Plan |
|---|---|---|
| Approx NAV | ₹18–₹19+ | ₹17–₹18 |
| Expense Ratio | ~0.7% | ~1.7% |
| Since Inception CAGR | ~17–18% | ~14–15% |
| Suitable For | Self-managed investors | Advisor-assisted investors |
Peer Comparison – Axis vs Kotak vs Nippon India Multicap
| Fund | AUM (Approx) | Expense Ratio (Direct) | 3-Year CAGR | 1-Year Return |
|---|---|---|---|---|
| Axis Multicap | ~₹9,000+ Cr | ~0.72% | ~23.6% | ~12% |
| Kotak Multicap | ~₹23,000+ Cr | ~0.45% | ~24–25% | ~17% |
| Nippon India Multicap | ~₹50,000+ Cr | ~0.71% | ~22–23% | ~15% |
SIP Return Comparison (₹10,000 Monthly SIP)
| Fund | 3-Year SIP Return (XIRR Approx) |
|---|---|
| Axis Multicap | ~23.7% |
| Kotak Multicap | ~25.5% |
| Nippon India Multicap | ~22.9% |
Visual SIP Return Chart (3-Year)
Key Insights
- Kotak Multicap currently shows stronger recent 3-year SIP performance with lower expense ratio.
- Axis Multicap offers competitive returns with balanced allocation strategy.
- Nippon India Multicap has larger AUM and long-term category presence.
- Direct plans generally provide higher long-term net returns due to lower cost structure.
Frequently Asked Questions (FAQ)
Disclaimer
This article is for educational purposes only. Mutual fund investments are subject to market risk. Past performance does not guarantee future results. Investors should consult a SEBI-registered financial advisor before making investment decisions.
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