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FAQ : Axis Multi Asset Allocation Fund - Regular Plan - Growth

Axis Multi Asset Allocation Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 9.86 13.61 10.01 10.52
Average Rolling Returns(%) 12.48 10.57 10.34 9.84

The Current NAV of Axis Multi Asset Allocation Fund - Regular Plan - Growth is ₹43.55.

It is better to invest in a fund with a longer track record as Axis Multi Asset Allocation Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.

Axis Multi Asset Allocation Fund - Regular Plan - Growth fund’s expense ratio is 1.97%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Axis Multi Asset Allocation Fund - Regular Plan - Growth is currently ₹2,065 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and SBI and account for 16% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 30% of fund’s portfolio respectively.

Top three sectors of Axis Multi Asset Allocation Fund - Regular Plan - Growth fund are Others, BFSI and Miscellaneous accounting for 62% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Hybrid - Multi Asset Allocation it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Axis Multi Asset Allocation Fund - Regular Plan - Growth Fund is Hybrid - Multi Asset Allocation.

Ashish Naik and Devang Shah manage the Axis Multi Asset Allocation Fund - Regular Plan - Growth Fund.

Axis Multi Asset Allocation Fund - Regular Plan - Growth current PE ratio is 33.07 and PB ratio is 6.26

The asset allocation of Axis Multi Asset Allocation Fund - Regular Plan - Growth is Stocks : 68.52%, Debt : 37.24% and Gold : 15.44%

The minimum SIP amount for Axis Multi Asset Allocation Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Axis Multi Asset Allocation Fund - Regular Plan - Growth is Nil on or before 12 months for 10% of Investment and 1% for remaining investments, Nil after 12 months

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