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 Jul 2026 Comparing Jun 2026 → Jul 2026

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Stocks Held

Jul 2026

Equity Holdings

₹1,674.86 Cr

Equity only, excl. debt & cash

AAUM

₹1,775.95 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

18.4%

Diversified

Top 10 Weight

27.9%

Diversified

Changes

9 new · 15 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 15 stocks this month. The biggest new buy was NTPC Limited (Power) at 1.11% weight. Billionbrains Garage Ventures Ltd was the biggest exit (Capital Markets), which was held at 0.75%. Among existing holdings, Bharti Airtel Limited saw the biggest increase — now at 2.47% of the portfolio. Max Healthcare Institute Limited was trimmed the most, now at 0.59%. 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

+4.00%

+5.04%

+2.34%

+15.91%

Latest NAV

₹54.22

25 Aug 2026

52W High

₹54.51

-1% from High

52W Low

₹41.98

+29% 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)

0.86

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.18

Penalises downside volatility only.

Std Deviation (3Y)

10.5%

Lower = more consistent returns.

NAV Chart ₹54.22 25 Aug 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: ₹54.22

Sector Shift Industry allocation month-over-month

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Banks	17.8%	17.3%	▼ -0.5%
Automobiles	3.7%	3.8%	▲ +0.2%
Pharmaceuticals & Biotechnology	3.2%	3.7%	▲ +0.5%
Finance	3.1%	3.5%	▲ +0.4%
Construction	3.0%	2.8%	▼ -0.2%
IT - Software	1.6%	2.6%	▲ +1.0%
Retailing	2.6%	2.5%	▼ -0.1%
Petroleum Products	3.4%	2.3%	▼ -1.1%
Healthcare Services	1.0%	2.0%	▲ +1.0%
Industrial Products	2.1%	2.0%	▼ -0.1%

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%

🟢

Biggest New Buy

NTPC Limited

1.11% weight · Power

🔴

Biggest Exit

Billionbrains Garage Ventures Ltd

0.75% was held · Capital Markets

↑

Biggest Add

Bharti Airtel Limited

+1.11% · now 2.47%

↓

Biggest Trim

Max Healthcare Institute Limited

-0.52% · now 0.59%

🤝 Other funds also bought this month

Indo-MIM Limited 89 funds

HCL Technologies Limited 32 funds

GE Vernova T&D India Limited 31 funds

Alkem Laboratories Limited 23 funds

NTPC Limited 22 funds

Marico Limited 18 funds

👋 Other funds also exited

JB Chemicals & Pharmaceuticals Limited 160 funds

InterGlobe Aviation Limited 55 funds

Infosys Limited 53 funds

ITC Limited 46 funds

Shriram Finance Limited 39 funds

Divi's Laboratories Limited 35 funds

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 → Jul 2026

🟢 9 New Entries 🔴 15 Exits ↑ 33 Increased ↓ 28 Decreased

#	Stock	Sector	Weight (Jul 2026)
1	NTPC Limited ₹27.72 Cr	Power	1.11%
2	TD Power Systems Limited ₹20.69 Cr	Electrical Equipment	0.83%
3	Marico Limited ₹18.72 Cr	Agricultural Food & other Products	0.75%
4	Alkem Laboratories Limited ₹16.21 Cr	Pharmaceuticals & Biotechnology	0.65%
5	Amber Enterprises India Limited ₹15.36 Cr	Consumer Durables	0.61%
6	Indo-MIM Limited ₹15.26 Cr	Industrial Manufacturing	0.61%
7	GE Vernova T&D India Limited ₹13.69 Cr	Electrical Equipment	0.55%
8	ABB India Limited ₹8.60 Cr	Electrical Equipment	0.34%
9	HCL Technologies Limited ₹3.80 Cr	IT - Software	0.15%

#	Stock	Sector	Last Weight (Jun 2026)
1	Billionbrains Garage Ventures Ltd ₹17.94 Cr	Capital Markets	0.75%
2	InterGlobe Aviation Limited ₹17.65 Cr	Transport Services	0.74%
3	Pidilite Industries Limited ₹17.10 Cr	Chemicals & Petrochemicals	0.72%
4	Radico Khaitan Limited ₹15.85 Cr	Beverages	0.66%
5	SRF Limited ₹14.99 Cr	Chemicals & Petrochemicals	0.63%
6	Supreme Industries Limited ₹14.88 Cr	Industrial Products	0.62%
7	JB Chemicals & Pharmaceuticals Limited ₹13.87 Cr	Pharmaceuticals & Biotechnology	0.58%
8	DLF Limited ₹11.64 Cr	Realty	0.49%
9	Infosys Limited ₹11.18 Cr	IT - Software	0.47%
10	Shriram Finance Limited ₹8.56 Cr	Finance	0.36%
11	RBL Bank Limited ₹8.37 Cr	Banks	0.35%
12	Jindal Steel Limited ₹7.63 Cr	Ferrous Metals	0.32%
13	Divi's Laboratories Limited ₹6.02 Cr	Pharmaceuticals & Biotechnology	0.25%
14	Sudeep Pharma Limited ₹3.78 Cr	Pharmaceuticals & Biotechnology	0.16%
15	ITC Limited ₹1.49 Cr	Diversified FMCG	0.06%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	Bharti Airtel Limited ₹61.81 Cr	Telecom - Services	1.36%	2.47%	+1.11%
2	Torrent Pharmaceuticals Limited ₹28.46 Cr	Pharmaceuticals & Biotechnology	0.48%	1.14%	+0.66%
3	The Federal Bank Limited ₹21.69 Cr	Banks	0.25%	0.87%	+0.62%
4	Swiggy Limited ₹28.19 Cr	Retailing	0.56%	1.13%	+0.57%
5	Mahindra & Mahindra Limited ₹61.28 Cr	Automobiles	1.98%	2.45%	+0.47%
6	Tata Consultancy Services Limited ₹16.92 Cr	IT - Software	0.34%	0.68%	+0.34%
7	Oil & Natural Gas Corporation Limited ₹30.91 Cr	Oil	0.92%	1.24%	+0.32%
8	JSW Infrastructure Ltd ₹14.59 Cr	Transport Infrastructure	0.38%	0.58%	+0.20%
9	TVS Motor Company Limited ₹27.54 Cr	Automobiles	0.93%	1.10%	+0.17%
10	Cummins India Limited ₹17.51 Cr	Industrial Products	0.54%	0.70%	+0.16%
11	Fortis Healthcare Limited ₹15.81 Cr	Healthcare Services	0.47%	0.63%	+0.16%
12	Sapphire Foods India Limited ₹17.33 Cr	Leisure Services	0.54%	0.69%	+0.15%
13	Ather Energy Limited ₹12.81 Cr	Automobiles	0.38%	0.51%	+0.13%
14	UltraTech Cement Limited ₹20.62 Cr	Cement & Cement Products	0.71%	0.83%	+0.12%
15	Sona BLW Precision Forgings Limited ₹17.70 Cr	Auto Components	0.60%	0.71%	+0.11%
16	Aadhar Housing Finance Limited ₹15.12 Cr	Finance	0.50%	0.60%	+0.10%
17	Krishna Institute Of Medical Sciences Limited ₹12.55 Cr	Healthcare Services	0.41%	0.50%	+0.09%
18	Titan Company Limited ₹29.28 Cr	Consumer Durables	1.11%	1.17%	+0.06%
19	United Spirits Limited ₹21.17 Cr	Beverages	0.79%	0.85%	+0.06%
20	Bajaj Finance Limited ₹47.26 Cr	Finance	1.84%	1.89%	+0.05%
21	Hyundai Motor India Ltd ₹15.05 Cr	Automobiles	0.55%	0.60%	+0.05%
22	Sagility Limited ₹21.98 Cr	IT - Services	0.84%	0.88%	+0.04%
23	SBI Life Insurance Company Limited ₹32.67 Cr	Insurance	1.29%	1.31%	+0.02%
24	Tata Consumer Products Limited ₹11.57 Cr	Agricultural Food & other Products	0.44%	0.46%	+0.02%
25	Bajaj Finserv Limited ₹6.41 Cr	Finance	0.24%	0.26%	+0.02%
26	Hindustan Aeronautics Limited ₹15.63 Cr	Aerospace & Defense	0.62%	0.63%	+0.01%
27	360 One WAM Limited ₹14.90 Cr	Capital Markets	0.59%	0.60%	+0.01%
28	Sun Pharmaceutical Industries Limited ₹14.01 Cr	Pharmaceuticals & Biotechnology	0.55%	0.56%	+0.01%
29	CreditAccess Grameen Limited ₹13.83 Cr	Finance	0.54%	0.55%	+0.01%
30	Britannia Industries Limited ₹13.15 Cr	Food Products	0.52%	0.53%	+0.01%
31	Aarti Industries Limited ₹12.52 Cr	Chemicals & Petrochemicals	0.49%	0.50%	+0.01%
32	Lenskart Solutions Limited ₹11.86 Cr	Retailing	0.46%	0.47%	+0.01%
33	PI Industries Limited ₹8.14 Cr	Fertilizers & Agrochemicals	0.32%	0.33%	+0.01%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	Max Healthcare Institute Limited ₹14.69 Cr	Healthcare Services	1.11%	0.59%	-0.52%
2	State Bank of India ₹52.83 Cr	Banks	2.58%	2.11%	-0.47%
3	Welspun Corp Limited ₹12.70 Cr	Industrial Products	0.83%	0.51%	-0.32%
4	Cipla Limited ₹21.33 Cr	Pharmaceuticals & Biotechnology	1.15%	0.85%	-0.30%
5	Larsen & Toubro Limited ₹63.77 Cr	Construction	2.81%	2.55%	-0.26%
6	Delhivery Limited ₹11.10 Cr	Transport Services	0.69%	0.44%	-0.25%
7	Eternal Limited ₹13.80 Cr	Retailing	0.79%	0.55%	-0.24%
8	Axis Bank Limited ₹50.34 Cr	Banks	2.20%	2.01%	-0.19%
9	Coforge Limited ₹14.68 Cr	IT - Software	0.77%	0.59%	-0.18%
10	Tech Mahindra Limited ₹21.42 Cr	IT - Software	1.00%	0.86%	-0.14%
11	HDFC Bank Limited ₹109.57 Cr	Banks	4.51%	4.38%	-0.13%
12	Vishal Mega Mart Limited ₹14.27 Cr	Retailing	0.66%	0.57%	-0.09%
13	Reliance Industries Limited ₹54.67 Cr	Petroleum Products	2.27%	2.19%	-0.08%
14	Tenneco Clean Air India Limited ₹11.94 Cr	Auto Components	0.55%	0.48%	-0.07%
15	Kotak Mahindra Bank Limited ₹20.70 Cr	Banks	0.87%	0.83%	-0.04%
16	Hindustan Unilever Limited ₹16.58 Cr	Diversified FMCG	0.70%	0.66%	-0.04%
17	Page Industries Limited ₹15.46 Cr	Textiles & Apparels	0.66%	0.62%	-0.04%
18	Doms Industries Limited ₹13.66 Cr	Household Products	0.59%	0.55%	-0.04%
19	ICICI Bank Limited ₹162.46 Cr	Banks	6.53%	6.50%	-0.03%
20	Vedanta Aluminium Metal Limited ₹19.03 Cr	Metals & Minerals Trading	0.79%	0.76%	-0.03%
21	Minda Corporation Limited ₹16.28 Cr	Auto Components	0.68%	0.65%	-0.03%
22	Chalet Hotels Limited ₹10.82 Cr	Leisure Services	0.46%	0.43%	-0.03%
23	JK Cement Limited ₹11.51 Cr	Cement & Cement Products	0.48%	0.46%	-0.02%
24	Midwest Limited ₹10.24 Cr	Consumer Durables	0.43%	0.41%	-0.02%
25	Coromandel International Limited ₹11.35 Cr	Fertilizers & Agrochemicals	0.46%	0.45%	-0.01%
26	The Indian Hotels Company Limited ₹11.01 Cr	Leisure Services	0.45%	0.44%	-0.01%
27	Tata Steel Limited ₹8.39 Cr	Ferrous Metals	0.35%	0.34%	-0.01%
28	Tata Power Company Limited ₹4.69 Cr	Power	0.20%	0.19%	-0.01%

What Stocks Does This Fund Hold?

72 stocks — Jul 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹162.46 Cr	Banks	6.50%
2	HDFC Bank Limited ₹109.57 Cr	Banks	4.38%
3	Larsen & Toubro Limited ₹63.77 Cr	Construction	2.55%
4	Bharti Airtel Limited ₹61.81 Cr	Telecom - Services	2.47%
5	Mahindra & Mahindra Limited ₹61.28 Cr	Automobiles	2.45%
6	Reliance Industries Limited ₹54.67 Cr	Petroleum Products	2.19%
7	State Bank of India ₹52.83 Cr	Banks	2.11%
8	Axis Bank Limited ₹50.34 Cr	Banks	2.01%
9	Bajaj Finance Limited ₹47.26 Cr	Finance	1.89%
10	SBI Life Insurance Company Limited ₹32.67 Cr	Insurance	1.31%
11	Oil & Natural Gas Corporation Limited ₹30.91 Cr	Oil	1.24%
12	Titan Company Limited ₹29.28 Cr	Consumer Durables	1.17%
13	Torrent Pharmaceuticals Limited ₹28.46 Cr	Pharmaceuticals & Biotechnology	1.14%
14	Swiggy Limited ₹28.19 Cr	Retailing	1.13%
15	NTPC Limited ₹27.72 Cr	Power	1.11%
16	TVS Motor Company Limited ₹27.54 Cr	Automobiles	1.10%
17	Sagility Limited ₹21.98 Cr	IT - Services	0.88%
18	The Federal Bank Limited ₹21.69 Cr	Banks	0.87%
19	Tech Mahindra Limited ₹21.42 Cr	IT - Software	0.86%
20	Cipla Limited ₹21.33 Cr	Pharmaceuticals & Biotechnology	0.85%
21	United Spirits Limited ₹21.17 Cr	Beverages	0.85%
22	Kotak Mahindra Bank Limited ₹20.70 Cr	Banks	0.83%
23	TD Power Systems Limited ₹20.69 Cr	Electrical Equipment	0.83%
24	UltraTech Cement Limited ₹20.62 Cr	Cement & Cement Products	0.83%
25	Vedanta Aluminium Metal Limited ₹19.03 Cr	Metals & Minerals Trading	0.76%
26	Marico Limited ₹18.72 Cr	Agricultural Food & other Products	0.75%
27	Sona BLW Precision Forgings Limited ₹17.70 Cr	Auto Components	0.71%
28	Cummins India Limited ₹17.51 Cr	Industrial Products	0.70%
29	Sapphire Foods India Limited ₹17.33 Cr	Leisure Services	0.69%
30	Tata Consultancy Services Limited ₹16.92 Cr	IT - Software	0.68%
31	Hindustan Unilever Limited ₹16.58 Cr	Diversified FMCG	0.66%
32	Minda Corporation Limited ₹16.28 Cr	Auto Components	0.65%
33	Alkem Laboratories Limited ₹16.21 Cr	Pharmaceuticals & Biotechnology	0.65%
34	Fortis Healthcare Limited ₹15.81 Cr	Healthcare Services	0.63%
35	Hindustan Aeronautics Limited ₹15.63 Cr	Aerospace & Defense	0.63%
36	Page Industries Limited ₹15.46 Cr	Textiles & Apparels	0.62%
37	Indo-MIM Limited ₹15.26 Cr	Industrial Manufacturing	0.61%
38	Amber Enterprises India Limited ₹15.36 Cr	Consumer Durables	0.61%
39	Aadhar Housing Finance Limited ₹15.12 Cr	Finance	0.60%
40	Hyundai Motor India Ltd ₹15.05 Cr	Automobiles	0.60%
41	360 One WAM Limited ₹14.90 Cr	Capital Markets	0.60%
42	Coforge Limited ₹14.68 Cr	IT - Software	0.59%
43	Max Healthcare Institute Limited ₹14.69 Cr	Healthcare Services	0.59%
44	JSW Infrastructure Ltd ₹14.59 Cr	Transport Infrastructure	0.58%
45	Vishal Mega Mart Limited ₹14.27 Cr	Retailing	0.57%
46	Sun Pharmaceutical Industries Limited ₹14.01 Cr	Pharmaceuticals & Biotechnology	0.56%
47	Doms Industries Limited ₹13.66 Cr	Household Products	0.55%
48	GE Vernova T&D India Limited ₹13.69 Cr	Electrical Equipment	0.55%
49	Eternal Limited ₹13.80 Cr	Retailing	0.55%
50	CreditAccess Grameen Limited ₹13.83 Cr	Finance	0.55%
51	Britannia Industries Limited ₹13.15 Cr	Food Products	0.53%
52	Godrej Consumer Products Limited ₹13.12 Cr	Personal Products	0.52%
53	Ather Energy Limited ₹12.81 Cr	Automobiles	0.51%
54	Welspun Corp Limited ₹12.70 Cr	Industrial Products	0.51%
55	Aarti Industries Limited ₹12.52 Cr	Chemicals & Petrochemicals	0.50%
56	Krishna Institute Of Medical Sciences Limited ₹12.55 Cr	Healthcare Services	0.50%
57	Emcure Pharmaceuticals Limited ₹12.10 Cr	Pharmaceuticals & Biotechnology	0.48%
58	Tenneco Clean Air India Limited ₹11.94 Cr	Auto Components	0.48%
59	Lenskart Solutions Limited ₹11.86 Cr	Retailing	0.47%
60	Tata Consumer Products Limited ₹11.57 Cr	Agricultural Food & other Products	0.46%
61	JK Cement Limited ₹11.51 Cr	Cement & Cement Products	0.46%
62	Coromandel International Limited ₹11.35 Cr	Fertilizers & Agrochemicals	0.45%
63	The Indian Hotels Company Limited ₹11.01 Cr	Leisure Services	0.44%
64	Delhivery Limited ₹11.10 Cr	Transport Services	0.44%
65	Chalet Hotels Limited ₹10.82 Cr	Leisure Services	0.43%
66	Midwest Limited ₹10.24 Cr	Consumer Durables	0.41%
67	ABB India Limited ₹8.60 Cr	Electrical Equipment	0.34%
68	Tata Steel Limited ₹8.39 Cr	Ferrous Metals	0.34%
69	PI Industries Limited ₹8.14 Cr	Fertilizers & Agrochemicals	0.33%
70	Bajaj Finserv Limited ₹6.41 Cr	Finance	0.26%
71	Tata Power Company Limited ₹4.69 Cr	Power	0.19%
72	HCL Technologies Limited ₹3.80 Cr	IT - Software	0.15%