Investing ₹10,000 monthly in this mutual fund named as Axis Multicap Fund (Regular Plan) has yielded impressive results over the past three years. The total investment of ₹3.60 lakh has grown to ₹4.96 lakh, delivering an annualized return of 21.94%. The fund, operational for three years and one month, has an Asset Under Management (AUM) of ₹7,034 crore as of December 31, 2024.
The Axis Multicap Fund maintains a diversified portfolio with 94.64% in equity, 4.87% in debt, and 0.49% in cash and cash equivalents. It holds 123 stocks, including top holdings like HDFC Bank (4.29%), ICICI Bank (4.21%), and Infosys (2.64%). The fund focuses on high-conviction investments across market caps, dynamically adjusting sector allocations to capture opportunities.
The expense ratio for the Regular Plan is 1.79%, and while historical performance has been strong, investors should consider market conditions and potential changes in returns.
