What stocks does Axis Multi Asset Allocation Fund hold?

Axis Multi Asset Allocation Fund holds a portfolio of Indian equity stocks disclosed monthly by Axis Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Axis Multi Asset Allocation Fund?

Axis Multi Asset Allocation Fund is managed by Axis Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Axis Multi Asset Allocation Fund?

Axis Multi Asset Allocation Fund is classified as a Multi Asset mutual fund under SEBI's mutual fund categorisation framework.

How often is Axis Multi Asset Allocation Fund portfolio data updated?

Portfolio holdings for Axis Multi Asset Allocation Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Axis Mutual Fund

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option

Multi Asset Data as of Aug 2026 Comparing Jul 2026 → Aug 2026

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Stocks Held

Aug 2026

Equity Holdings

₹1,714.79 Cr

Equity only, excl. debt & cash

AAUM

₹1,775.95 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

16.4%

Diversified

Top 10 Weight

25.0%

Diversified

Changes

9 new · 5 exits

Top Sector

Banks

16.7% of portfolio

Launch Date

30 Jun 2010

10+ year track record

AAUM (Average Assets Under Management) of ₹1,775.95 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Axis Multi Asset Allocation Fund made 9 new additions and exited 5 stocks this month. The biggest new buy was TD Power Systems Limited (Electrical Equipment) at 1.09% weight. Cipla Limited was the biggest exit (Pharmaceuticals & Biotechnology), which was held at 0.85%. Among existing holdings, Tata Consultancy Services Limited saw the biggest increase — now at 1.40% of the portfolio. Oil & Natural Gas Corporation Limited was trimmed the most, now at 0.49%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 16.7%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Axis Multi Asset Allocation Fund - Direct Plan - Growth Option

-1.37%

+2.17%

+7.04%

+9.96%

Latest NAV

₹52.84

11 Sep 2026

52W High

₹54.51

-3% from High

52W Low

₹41.98

+26% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+16.5%

2024

+16.5%

2023

+14.4%

2022

-4.3%

2021

+24.9%

2020

+19.7%

2019

+16.6%

2018

+2.9%

2017

+17.6%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

13.3%

+ve in 90% windows

59.7% / -12.4%

3Y Rolling Avg

12.9% p.a.

+ve in 100% windows

24.4% / 0.7%

5Y Rolling Avg

13.7% p.a.

+ve in 100% windows

20.5% / 9.9%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-9.8%

Rec: Jun 2025 (5 mo)

COVID-19 Crash

-27.2%

Rec: Oct 2020 (9 mo)

2022 Rate Hike

-17.4%

Rec: Sep 2023 (1yr 9mo)

2018 IL&FS

-12.5%

Rec: May 2019 (10 mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.82

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.12

Penalises downside volatility only.

Std Deviation (3Y)

10.6%

Lower = more consistent returns.

NAV Chart ₹52.84 11 Sep 2026

Simple Moving Avg: Click to draw · click again to remove

Axis Multi Asset Allocation Fund - Direct Plan - Growth Option

Chart shows indexed performance (base = 100). Actual NAV: ₹52.84

Sector Shift Industry allocation month-over-month

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	17.3%	16.7%	▼ -0.6%
Automobiles	3.8%	4.7%	▲ +0.8%
Pharmaceuticals & Biotechnology	3.7%	3.7%	● +0.0%
Finance	3.5%	3.3%	▼ -0.2%
Retailing	2.5%	2.7%	▲ +0.3%
Construction	2.8%	2.6%	▼ -0.3%
Telecom - Services	1.4%	2.5%	▲ +1.1%
IT - Software	2.6%	2.3%	▼ -0.3%
Consumer Durables	1.5%	2.2%	▲ +0.7%
Petroleum Products	2.3%	2.2%	● -0.1%

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	16.7%	16.7%	● -0.1%
Automobiles	4.7%	3.7%	▼ -1.0%
IT - Software	2.3%	3.5%	▲ +1.2%
Retailing	2.7%	2.9%	▲ +0.2%
Finance	3.3%	2.7%	▼ -0.6%
Construction	2.6%	2.5%	● 0.0%
Pharmaceuticals & Biotechnology	3.7%	2.5%	▼ -1.2%
Consumer Durables	2.2%	2.3%	▲ +0.1%
Electrical Equipment	1.7%	2.2%	▲ +0.5%
Telecom - Services	2.5%	2.2%	▼ -0.3%

🟢

Biggest New Buy

TD Power Systems Limited

1.09% weight · Electrical Equipment

🔴

Biggest Exit

Cipla Limited

0.85% was held · Pharmaceuticals & Biotechnology

↑

Biggest Add

Tata Consultancy Services Limited

+0.72% · now 1.40%

↓

Biggest Trim

Oil & Natural Gas Corporation Limited

-0.75% · now 0.49%

🤝 Other funds also bought this month

TD Power Systems Limited 89 funds

Dhoot Transmission Ltd 67 funds

One 97 Communications Limited 59 funds

Infosys Limited 35 funds

Shriram Pistons & Rings Limited 27 funds

Hindustan Zinc Limited 24 funds

👋 Other funds also exited

TD Power Systems Limited 79 funds

Hindustan Unilever Limited 25 funds

Cipla Limited 16 funds

Tenneco Clean Air India Limited 9 funds

Aarti Industries Limited 3 funds

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 → Aug 2026

🟢 9 New Entries 🔴 5 Exits ↑ 21 Increased ↓ 45 Decreased

#	Stock	Sector	Weight (Aug 2026)
1	TD Power Systems Limited ₹28.43 Cr	Electrical Equipment	1.09%
2	Canara Bank ₹27.32 Cr	Banks	1.05%
3	One 97 Communications Limited ₹27.16 Cr	Financial Technology (Fintech)	1.04%
4	Shriram Pistons & Rings Limited ₹12.69 Cr	Auto Components	0.49%
5	Hindustan Zinc Limited ₹12.51 Cr	Non - Ferrous Metals	0.48%
6	Tata Motors Ltd ₹10.22 Cr	Agricultural, Commercial & Construction Vehicles	0.39%
7	Dhoot Transmission Ltd ₹7.73 Cr	Automobile and Auto Components	0.30%
8	PNB Housing Finance Limited ₹5.13 Cr	Finance	0.20%
9	Infosys Limited ₹2.68 Cr	IT - Software	0.10%

#	Stock	Sector	Last Weight (Jul 2026)
1	Cipla Limited ₹21.33 Cr	Pharmaceuticals & Biotechnology	0.85%
2	TD Power Systems Limited ₹20.69 Cr	Electrical Equipment	0.83%
3	Hindustan Unilever Limited ₹16.58 Cr	Diversified FMCG	0.66%
4	Aarti Industries Limited ₹12.52 Cr	Chemicals & Petrochemicals	0.50%
5	Tenneco Clean Air India Limited ₹11.94 Cr	Auto Components	0.48%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Tata Consultancy Services Limited ₹36.46 Cr	IT - Software	0.68%	1.40%	+0.72%
2	Kotak Mahindra Bank Limited ₹31.79 Cr	Banks	0.83%	1.22%	+0.39%
3	HCL Technologies Limited ₹13.20 Cr	IT - Software	0.15%	0.51%	+0.36%
4	ABB India Limited ₹15.27 Cr	Electrical Equipment	0.34%	0.58%	+0.24%
5	Axis Bank Limited ₹58.48 Cr	Banks	2.01%	2.24%	+0.23%
6	Tata Consumer Products Limited ₹17.98 Cr	Agricultural Food & other Products	0.46%	0.69%	+0.23%
7	Amber Enterprises India Limited ₹20.98 Cr	Consumer Durables	0.61%	0.80%	+0.19%
8	Vishal Mega Mart Limited ₹19.88 Cr	Retailing	0.57%	0.76%	+0.19%
9	Sapphire Foods India Limited ₹22.34 Cr	Leisure Services	0.69%	0.86%	+0.17%
10	Tata Steel Limited ₹13.22 Cr	Ferrous Metals	0.34%	0.51%	+0.17%
11	Ather Energy Limited ₹17.46 Cr	Automobiles	0.51%	0.67%	+0.16%
12	The Indian Hotels Company Limited ₹14.54 Cr	Leisure Services	0.44%	0.56%	+0.12%
13	JSW Infrastructure Ltd ₹17.60 Cr	Transport Infrastructure	0.58%	0.67%	+0.09%
14	Indo-MIM Limited ₹17.69 Cr	Industrial Manufacturing	0.61%	0.68%	+0.07%
15	Lenskart Solutions Limited ₹13.99 Cr	Retailing	0.47%	0.54%	+0.07%
16	Coforge Limited ₹16.94 Cr	IT - Software	0.59%	0.65%	+0.06%
17	Doms Industries Limited ₹16.00 Cr	Household Products	0.55%	0.61%	+0.06%
18	Delhivery Limited ₹12.51 Cr	Transport Services	0.44%	0.48%	+0.04%
19	Sagility Limited ₹23.82 Cr	IT - Services	0.88%	0.91%	+0.03%
20	Chalet Hotels Limited ₹12.06 Cr	Leisure Services	0.43%	0.46%	+0.03%
21	Eternal Limited ₹14.97 Cr	Retailing	0.55%	0.57%	+0.02%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Oil & Natural Gas Corporation Limited ₹12.88 Cr	Oil	1.24%	0.49%	-0.75%
2	HDFC Bank Limited ₹95.38 Cr	Banks	4.38%	3.65%	-0.73%
3	Mahindra & Mahindra Limited ₹45.03 Cr	Automobiles	2.45%	1.72%	-0.73%
4	ICICI Bank Limited ₹151.91 Cr	Banks	6.50%	5.82%	-0.68%
5	Bajaj Finance Limited ₹32.86 Cr	Finance	1.89%	1.26%	-0.63%
6	TVS Motor Company Limited ₹17.64 Cr	Automobiles	1.10%	0.68%	-0.42%
7	Bharti Airtel Limited ₹56.79 Cr	Telecom - Services	2.47%	2.18%	-0.29%
8	The Federal Bank Limited ₹15.17 Cr	Banks	0.87%	0.58%	-0.29%
9	Torrent Pharmaceuticals Limited ₹23.55 Cr	Pharmaceuticals & Biotechnology	1.14%	0.90%	-0.24%
10	Max Healthcare Institute Limited ₹10.43 Cr	Healthcare Services	0.59%	0.40%	-0.19%
11	SBI Life Insurance Company Limited ₹30.21 Cr	Insurance	1.31%	1.16%	-0.15%
12	NTPC Limited ₹26.13 Cr	Power	1.11%	1.00%	-0.11%
13	Reliance Industries Limited ₹54.66 Cr	Petroleum Products	2.19%	2.09%	-0.10%
14	CreditAccess Grameen Limited ₹11.84 Cr	Finance	0.55%	0.45%	-0.10%
15	Godrej Consumer Products Limited ₹11.04 Cr	Personal Products	0.52%	0.42%	-0.10%
16	Page Industries Limited ₹13.71 Cr	Textiles & Apparels	0.62%	0.53%	-0.09%
17	Cummins India Limited ₹16.20 Cr	Industrial Products	0.70%	0.62%	-0.08%
18	UltraTech Cement Limited ₹19.84 Cr	Cement & Cement Products	0.83%	0.76%	-0.07%
19	Alkem Laboratories Limited ₹15.02 Cr	Pharmaceuticals & Biotechnology	0.65%	0.58%	-0.07%
20	Swiggy Limited ₹28.00 Cr	Retailing	1.13%	1.07%	-0.06%
21	Vedanta Aluminium Metal Limited ₹18.24 Cr	Metals & Minerals Trading	0.76%	0.70%	-0.06%
22	PI Industries Limited ₹7.01 Cr	Fertilizers & Agrochemicals	0.33%	0.27%	-0.06%
23	Tech Mahindra Limited ₹21.12 Cr	IT - Software	0.86%	0.81%	-0.05%
24	United Spirits Limited ₹20.81 Cr	Beverages	0.85%	0.80%	-0.05%
25	Fortis Healthcare Limited ₹15.18 Cr	Healthcare Services	0.63%	0.58%	-0.05%
26	Krishna Institute Of Medical Sciences Limited ₹11.78 Cr	Healthcare Services	0.50%	0.45%	-0.05%
27	Coromandel International Limited ₹10.43 Cr	Fertilizers & Agrochemicals	0.45%	0.40%	-0.05%
28	Midwest Limited ₹9.41 Cr	Consumer Durables	0.41%	0.36%	-0.05%
29	Larsen & Toubro Limited ₹65.49 Cr	Construction	2.55%	2.51%	-0.04%
30	Marico Limited ₹18.48 Cr	Agricultural Food & other Products	0.75%	0.71%	-0.04%
31	Sona BLW Precision Forgings Limited ₹17.40 Cr	Auto Components	0.71%	0.67%	-0.04%
32	Britannia Industries Limited ₹12.75 Cr	Food Products	0.53%	0.49%	-0.04%
33	Emcure Pharmaceuticals Limited ₹11.45 Cr	Pharmaceuticals & Biotechnology	0.48%	0.44%	-0.04%
34	JK Cement Limited ₹10.86 Cr	Cement & Cement Products	0.46%	0.42%	-0.04%
35	Aadhar Housing Finance Limited ₹14.85 Cr	Finance	0.60%	0.57%	-0.03%
36	Tata Power Company Limited ₹4.28 Cr	Power	0.19%	0.16%	-0.03%
37	State Bank of India ₹54.51 Cr	Banks	2.11%	2.09%	-0.02%
38	Minda Corporation Limited ₹16.55 Cr	Auto Components	0.65%	0.63%	-0.02%
39	Hyundai Motor India Ltd ₹15.22 Cr	Automobiles	0.60%	0.58%	-0.02%
40	Sun Pharmaceutical Industries Limited ₹13.97 Cr	Pharmaceuticals & Biotechnology	0.56%	0.54%	-0.02%
41	Bajaj Finserv Limited ₹6.38 Cr	Finance	0.26%	0.24%	-0.02%
42	Hindustan Aeronautics Limited ₹16.15 Cr	Aerospace & Defense	0.63%	0.62%	-0.01%
43	360 One WAM Limited ₹15.42 Cr	Capital Markets	0.60%	0.59%	-0.01%
44	GE Vernova T&D India Limited ₹14.08 Cr	Electrical Equipment	0.55%	0.54%	-0.01%
45	Welspun Corp Limited ₹12.99 Cr	Industrial Products	0.51%	0.50%	-0.01%

What Stocks Does This Fund Hold?

76 stocks — Aug 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹151.91 Cr	Banks	5.82%
2	HDFC Bank Limited ₹95.38 Cr	Banks	3.65%
3	Larsen & Toubro Limited ₹65.49 Cr	Construction	2.51%
4	Axis Bank Limited ₹58.48 Cr	Banks	2.24%
5	Bharti Airtel Limited ₹56.79 Cr	Telecom - Services	2.18%
6	Reliance Industries Limited ₹54.66 Cr	Petroleum Products	2.09%
7	State Bank of India ₹54.51 Cr	Banks	2.09%
8	Mahindra & Mahindra Limited ₹45.03 Cr	Automobiles	1.72%
9	Tata Consultancy Services Limited ₹36.46 Cr	IT - Software	1.40%
10	Bajaj Finance Limited ₹32.86 Cr	Finance	1.26%
11	Kotak Mahindra Bank Limited ₹31.79 Cr	Banks	1.22%
12	Titan Company Limited ₹30.65 Cr	Consumer Durables	1.17%
13	SBI Life Insurance Company Limited ₹30.21 Cr	Insurance	1.16%
14	TD Power Systems Limited ₹28.43 Cr	Electrical Equipment	1.09%
15	Swiggy Limited ₹28.00 Cr	Retailing	1.07%
16	Canara Bank ₹27.32 Cr	Banks	1.05%
17	One 97 Communications Limited ₹27.16 Cr	Financial Technology (Fintech)	1.04%
18	NTPC Limited ₹26.13 Cr	Power	1.00%
19	Sagility Limited ₹23.82 Cr	IT - Services	0.91%
20	Torrent Pharmaceuticals Limited ₹23.55 Cr	Pharmaceuticals & Biotechnology	0.90%
21	Sapphire Foods India Limited ₹22.34 Cr	Leisure Services	0.86%
22	Tech Mahindra Limited ₹21.12 Cr	IT - Software	0.81%
23	Amber Enterprises India Limited ₹20.98 Cr	Consumer Durables	0.80%
24	United Spirits Limited ₹20.81 Cr	Beverages	0.80%
25	UltraTech Cement Limited ₹19.84 Cr	Cement & Cement Products	0.76%
26	Vishal Mega Mart Limited ₹19.88 Cr	Retailing	0.76%
27	Marico Limited ₹18.48 Cr	Agricultural Food & other Products	0.71%
28	Vedanta Aluminium Metal Limited ₹18.24 Cr	Metals & Minerals Trading	0.70%
29	Tata Consumer Products Limited ₹17.98 Cr	Agricultural Food & other Products	0.69%
30	TVS Motor Company Limited ₹17.64 Cr	Automobiles	0.68%
31	Indo-MIM Limited ₹17.69 Cr	Industrial Manufacturing	0.68%
32	JSW Infrastructure Ltd ₹17.60 Cr	Transport Infrastructure	0.67%
33	Ather Energy Limited ₹17.46 Cr	Automobiles	0.67%
34	Sona BLW Precision Forgings Limited ₹17.40 Cr	Auto Components	0.67%
35	Coforge Limited ₹16.94 Cr	IT - Software	0.65%
36	Minda Corporation Limited ₹16.55 Cr	Auto Components	0.63%
37	Cummins India Limited ₹16.20 Cr	Industrial Products	0.62%
38	Hindustan Aeronautics Limited ₹16.15 Cr	Aerospace & Defense	0.62%
39	Doms Industries Limited ₹16.00 Cr	Household Products	0.61%
40	360 One WAM Limited ₹15.42 Cr	Capital Markets	0.59%
41	ABB India Limited ₹15.27 Cr	Electrical Equipment	0.58%
42	Hyundai Motor India Ltd ₹15.22 Cr	Automobiles	0.58%
43	Fortis Healthcare Limited ₹15.18 Cr	Healthcare Services	0.58%
44	The Federal Bank Limited ₹15.17 Cr	Banks	0.58%
45	Alkem Laboratories Limited ₹15.02 Cr	Pharmaceuticals & Biotechnology	0.58%
46	Eternal Limited ₹14.97 Cr	Retailing	0.57%
47	Aadhar Housing Finance Limited ₹14.85 Cr	Finance	0.57%
48	The Indian Hotels Company Limited ₹14.54 Cr	Leisure Services	0.56%
49	GE Vernova T&D India Limited ₹14.08 Cr	Electrical Equipment	0.54%
50	Lenskart Solutions Limited ₹13.99 Cr	Retailing	0.54%
51	Sun Pharmaceutical Industries Limited ₹13.97 Cr	Pharmaceuticals & Biotechnology	0.54%
52	Page Industries Limited ₹13.71 Cr	Textiles & Apparels	0.53%
53	Tata Steel Limited ₹13.22 Cr	Ferrous Metals	0.51%
54	HCL Technologies Limited ₹13.20 Cr	IT - Software	0.51%
55	Welspun Corp Limited ₹12.99 Cr	Industrial Products	0.50%
56	Shriram Pistons & Rings Limited ₹12.69 Cr	Auto Components	0.49%
57	Britannia Industries Limited ₹12.75 Cr	Food Products	0.49%
58	Oil & Natural Gas Corporation Limited ₹12.88 Cr	Oil	0.49%
59	Delhivery Limited ₹12.51 Cr	Transport Services	0.48%
60	Hindustan Zinc Limited ₹12.51 Cr	Non - Ferrous Metals	0.48%
61	Chalet Hotels Limited ₹12.06 Cr	Leisure Services	0.46%
62	Krishna Institute Of Medical Sciences Limited ₹11.78 Cr	Healthcare Services	0.45%
63	CreditAccess Grameen Limited ₹11.84 Cr	Finance	0.45%
64	Emcure Pharmaceuticals Limited ₹11.45 Cr	Pharmaceuticals & Biotechnology	0.44%
65	Godrej Consumer Products Limited ₹11.04 Cr	Personal Products	0.42%
66	JK Cement Limited ₹10.86 Cr	Cement & Cement Products	0.42%
67	Max Healthcare Institute Limited ₹10.43 Cr	Healthcare Services	0.40%
68	Coromandel International Limited ₹10.43 Cr	Fertilizers & Agrochemicals	0.40%
69	Tata Motors Ltd ₹10.22 Cr	Agricultural, Commercial & Construction Vehicles	0.39%
70	Midwest Limited ₹9.41 Cr	Consumer Durables	0.36%
71	Dhoot Transmission Ltd ₹7.73 Cr	Automobile and Auto Components	0.30%
72	PI Industries Limited ₹7.01 Cr	Fertilizers & Agrochemicals	0.27%
73	Bajaj Finserv Limited ₹6.38 Cr	Finance	0.24%
74	PNB Housing Finance Limited ₹5.13 Cr	Finance	0.20%
75	Tata Power Company Limited ₹4.28 Cr	Power	0.16%
76	Infosys Limited ₹2.68 Cr	IT - Software	0.10%