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.

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Axis Multi Asset Allocation Fund - Direct Plan - Growth Option

Multi Asset Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹1,494.78 Cr

Equity only, excl. debt & cash

Top 5 Weight

19.1%

Diversified

Top 10 Weight

28.2%

Diversified

Changes

25 new · 12 exits

Top Sector

Banks

16.4% of portfolio

📋 What Happened This Month Axis Multi Asset Allocation Fund made 25 new additions and exited 12 stocks this month. The biggest new buy was Pidilite Industries Limited (Chemicals & Petrochemicals) at 0.98% weight. The Federal Bank Limited was the biggest exit (Banks), which was held at 0.64%. Among existing holdings, Mahindra & Mahindra Limited saw the biggest increase — now at 2.04% of the portfolio. HDFC Bank Limited was trimmed the most, now at 5.42%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 16.4%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

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

-1.69%

-1.92%

+0.43%

+10.57%

Latest NAV

₹50.82

04 Jun 2026

52W High

₹54.51

-7% from High

52W Low

₹41.46

+23% 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 89% windows

59.7% / -12.4%

3Y Rolling Avg

12.9% p.a.

+ve in 100% windows

24.4% / 0.7%

5Y Rolling Avg

13.8% 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. What do these mean? →

Sharpe Ratio (3Y)

0.78

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.06

Penalises downside volatility only.

Std Deviation (3Y)

10.4%

Lower = more consistent returns.

NAV Chart ₹50.82 04 Jun 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: ₹50.82

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	21.0%	19.6%	▼ -1.4%
Petroleum Products	3.5%	3.3%	▼ -0.2%
Pharmaceuticals & Biotechnology	3.8%	2.9%	▼ -0.9%
Telecom - Services	2.3%	2.7%	▲ +0.5%
Finance	1.7%	2.7%	▲ +1.0%
Diversified FMCG	2.5%	2.4%	▼ -0.1%
Consumer Durables	2.5%	2.4%	▼ -0.2%
IT - Software	2.8%	2.3%	▼ -0.5%
Automobiles	1.8%	2.1%	▲ +0.3%
Construction	1.8%	2.1%	▲ +0.3%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	19.6%	16.4%	▼ -3.2%
Pharmaceuticals & Biotechnology	2.9%	3.5%	▲ +0.6%
Petroleum Products	3.3%	3.3%	● 0.0%
Automobiles	2.1%	3.1%	▲ +1.0%
Construction	2.1%	3.0%	▲ +0.9%
Finance	2.7%	3.0%	▲ +0.3%
Telecom - Services	2.7%	2.9%	▲ +0.2%
Chemicals & Petrochemicals	0.5%	2.3%	▲ +1.7%
Diversified FMCG	2.4%	2.2%	▼ -0.3%
Beverages	1.3%	2.0%	▲ +0.7%

🟢

Biggest New Buy

Pidilite Industries Limited

0.98% weight · Chemicals & Petrochemicals

🔴

Biggest Exit

The Federal Bank Limited

0.64% was held · Banks

↑

Biggest Add

Mahindra & Mahindra Limited

+1.03% · now 2.04%

↓

Biggest Trim

HDFC Bank Limited

-2.43% · now 5.42%

🤝 Other funds also bought this month

Talwandi Sabo Power Limited 183 funds

Vedanta Aluminium Metal Limited 183 funds

Vedanta Iron And Steel Limited 183 funds

Malco Energy Limited 176 funds

TVS Motor Company Limited 48 funds

Hindustan Aeronautics Limited 47 funds

👋 Other funds also exited

The Federal Bank Limited 26 funds

Bajaj Auto Limited 23 funds

LG Electronics India Ltd 22 funds

Trent Limited 21 funds

BSE Limited 18 funds

Blue Star Limited 16 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 25 New Entries 🔴 12 Exits ↑ 25 Increased ↓ 25 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Pidilite Industries Limited ₹21.81 Cr	Chemicals & Petrochemicals	0.98%
2	HDFC Asset Management Company Limited ₹19.40 Cr	Capital Markets	0.87%
3	Cipla Limited ₹19.22 Cr	Pharmaceuticals & Biotechnology	0.86%
4	SRF Limited ₹13.78 Cr	Chemicals & Petrochemicals	0.62%
5	Radico Khaitan Limited ₹13.75 Cr	Beverages	0.62%
6	Aarti Industries Limited ₹12.99 Cr	Chemicals & Petrochemicals	0.58%
7	Coforge Limited ₹12.67 Cr	IT - Software	0.57%
8	Hindustan Aeronautics Limited ₹12.51 Cr	Aerospace & Defense	0.56%
9	Cummins India Limited ₹12.06 Cr	Industrial Products	0.54%
10	DLF Limited ₹11.02 Cr	Realty	0.49%
11	Cholamandalam Investment and Finance Company Ltd ₹10.96 Cr	Finance	0.49%
12	Welspun Corp Limited ₹10.89 Cr	Industrial Products	0.49%
13	IndusInd Bank Limited ₹10.44 Cr	Banks	0.47%
14	TVS Motor Company Limited ₹10.27 Cr	Automobiles	0.46%
15	Page Industries Limited ₹8.94 Cr	Textiles & Apparels	0.40%
16	360 One WAM Limited ₹8.27 Cr	Capital Markets	0.37%
17	Power Grid Corporation of India Limited ₹6.65 Cr	Power	0.30%
18	Sapphire Foods India Limited ₹6.34 Cr	Leisure Services	0.28%
19	Aadhar Housing Finance Limited ₹5.98 Cr	Finance	0.27%
20	Tata Power Company Limited ₹5.48 Cr	Power	0.25%
21	Malco Energy Limited ₹2.62 Cr	Power	0.12%
22	Vedanta Iron And Steel Limited ₹2.62 Cr	Metals & Minerals Trading	0.12%
23	Vedanta Aluminium Metal Limited ₹2.62 Cr	Metals & Minerals Trading	0.12%
24	Talwandi Sabo Power Limited ₹2.62 Cr	Power	0.12%
25	Deepak Nitrite Limited ₹1.61 Cr	Chemicals & Petrochemicals	0.07%

#	Stock	Sector	Last Weight (Mar 2026)
1	The Federal Bank Limited ₹13.31 Cr	Banks	0.64%
2	Nestle India Limited ₹13.21 Cr	Food Products	0.64%
3	Trent Limited ₹12.54 Cr	Retailing	0.61%
4	GE Vernova T&D India Limited ₹12.26 Cr	Electrical Equipment	0.59%
5	PTC Industries Limited ₹12.10 Cr	Industrial Products	0.59%
6	LG Electronics India Ltd ₹11.52 Cr	Consumer Durables	0.56%
7	Aether Industries Limited ₹11.09 Cr	Chemicals & Petrochemicals	0.54%
8	Bajaj Auto Limited ₹10.21 Cr	Automobiles	0.49%
9	Godrej Consumer Products Limited ₹7.58 Cr	Personal Products	0.37%
10	Blue Star Limited ₹7.50 Cr	Consumer Durables	0.36%
11	JSW Steel Limited ₹3.18 Cr	Ferrous Metals	0.15%
12	BSE Limited ₹1.07 Cr	Capital Markets	0.05%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Mahindra & Mahindra Limited ₹45.48 Cr	Automobiles	1.01%	2.04%	+1.03%
2	Larsen & Toubro Limited ₹66.87 Cr	Construction	2.06%	3.00%	+0.94%
3	SBI Life Insurance Company Limited ₹31.57 Cr	Insurance	0.92%	1.42%	+0.50%
4	Eternal Limited ₹17.61 Cr	Retailing	0.44%	0.79%	+0.35%
5	Bharat Heavy Electricals Limited ₹27.42 Cr	Electrical Equipment	0.93%	1.23%	+0.30%
6	RBL Bank Limited ₹12.01 Cr	Banks	0.25%	0.54%	+0.29%
7	Bharti Airtel Limited ₹55.61 Cr	Telecom - Services	2.24%	2.50%	+0.26%
8	Delhivery Limited ₹13.61 Cr	Transport Services	0.39%	0.61%	+0.22%
9	InterGlobe Aviation Limited ₹14.75 Cr	Transport Services	0.46%	0.66%	+0.20%
10	Sun Pharmaceutical Industries Limited ₹12.73 Cr	Pharmaceuticals & Biotechnology	0.37%	0.57%	+0.20%
11	Tata Consultancy Services Limited ₹9.81 Cr	IT - Software	0.28%	0.44%	+0.16%
12	Billionbrains Garage Ventures Ltd ₹13.89 Cr	Capital Markets	0.47%	0.62%	+0.15%
13	Varun Beverages Limited ₹13.01 Cr	Beverages	0.47%	0.58%	+0.11%
14	Tenneco Clean Air India Limited ₹13.80 Cr	Auto Components	0.55%	0.62%	+0.07%
15	Gabriel India Limited ₹8.83 Cr	Auto Components	0.34%	0.40%	+0.06%
16	State Bank of India ₹74.42 Cr	Banks	3.30%	3.34%	+0.04%
17	Titan Company Limited ₹26.34 Cr	Consumer Durables	1.15%	1.18%	+0.03%
18	PI Industries Limited ₹18.80 Cr	Fertilizers & Agrochemicals	0.81%	0.84%	+0.03%
19	Axis Bank Limited ₹37.20 Cr	Banks	1.65%	1.67%	+0.02%
20	ITC Limited ₹32.44 Cr	Diversified FMCG	1.44%	1.46%	+0.02%
21	The Indian Hotels Company Limited ₹9.48 Cr	Leisure Services	0.41%	0.43%	+0.02%
22	Tata Consumer Products Limited ₹7.25 Cr	Agricultural Food & other Products	0.31%	0.33%	+0.02%
23	Divi's Laboratories Limited ₹20.34 Cr	Pharmaceuticals & Biotechnology	0.90%	0.91%	+0.01%
24	United Spirits Limited ₹18.51 Cr	Beverages	0.82%	0.83%	+0.01%
25	Tata Steel Limited ₹9.35 Cr	Ferrous Metals	0.41%	0.42%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	HDFC Bank Limited ₹120.84 Cr	Banks	7.85%	5.42%	-2.43%
2	Infosys Limited ₹19.67 Cr	IT - Software	2.03%	0.88%	-1.15%
3	ICICI Bank Limited ₹91.01 Cr	Banks	4.70%	4.08%	-0.62%
4	Tata Motors Ltd ₹16.35 Cr	Agricultural, Commercial & Construction Vehicles	1.29%	0.73%	-0.56%
5	Jubilant Foodworks Limited ₹9.02 Cr	Leisure Services	0.92%	0.40%	-0.52%
6	NTPC Limited ₹10.86 Cr	Power	0.96%	0.49%	-0.47%
7	Torrent Pharmaceuticals Limited ₹10.36 Cr	Pharmaceuticals & Biotechnology	0.83%	0.47%	-0.36%
8	Shriram Finance Limited ₹7.69 Cr	Finance	0.71%	0.35%	-0.36%
9	Jindal Steel Limited ₹12.79 Cr	Ferrous Metals	0.91%	0.57%	-0.34%
10	Kotak Mahindra Bank Limited ₹19.34 Cr	Banks	1.16%	0.87%	-0.29%
11	HDFC Life Insurance Company Limited ₹8.73 Cr	Insurance	0.68%	0.39%	-0.29%
12	Hindustan Unilever Limited ₹15.88 Cr	Diversified FMCG	0.98%	0.71%	-0.27%
13	Vedanta Limited ₹5.87 Cr	Diversified Metals	0.49%	0.26%	-0.23%
14	Supreme Industries Limited ₹18.32 Cr	Industrial Products	0.92%	0.82%	-0.10%
15	Bajaj Finance Limited ₹21.01 Cr	Finance	1.03%	0.94%	-0.09%
16	JB Chemicals & Pharmaceuticals Limited ₹12.34 Cr	Pharmaceuticals & Biotechnology	0.60%	0.55%	-0.05%
17	Sudeep Pharma Limited ₹3.15 Cr	Pharmaceuticals & Biotechnology	0.19%	0.14%	-0.05%
18	Max Healthcare Institute Limited ₹17.70 Cr	Healthcare Services	0.83%	0.79%	-0.04%
19	Indus Towers Limited ₹9.80 Cr	Telecom - Services	0.48%	0.44%	-0.04%
20	Sagility Limited ₹21.13 Cr	IT - Services	0.98%	0.95%	-0.03%
21	Hyundai Motor India Ltd ₹12.54 Cr	Automobiles	0.59%	0.56%	-0.03%
22	Oil & Natural Gas Corporation Limited ₹18.65 Cr	Oil	0.86%	0.84%	-0.02%
23	Britannia Industries Limited ₹13.90 Cr	Food Products	0.64%	0.62%	-0.02%
24	Swiggy Limited ₹10.78 Cr	Retailing	0.50%	0.48%	-0.02%
25	Bajaj Finserv Limited ₹20.92 Cr	Finance	0.95%	0.94%	-0.01%

Full Portfolio

79 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹120.84 Cr	Banks	5.42%
2	ICICI Bank Limited ₹91.01 Cr	Banks	4.08%
3	State Bank of India ₹74.42 Cr	Banks	3.34%
4	Reliance Industries Limited ₹72.63 Cr	Petroleum Products	3.26%
5	Larsen & Toubro Limited ₹66.87 Cr	Construction	3.00%
6	Bharti Airtel Limited ₹55.61 Cr	Telecom - Services	2.50%
7	Mahindra & Mahindra Limited ₹45.48 Cr	Automobiles	2.04%
8	Axis Bank Limited ₹37.20 Cr	Banks	1.67%
9	ITC Limited ₹32.44 Cr	Diversified FMCG	1.46%
10	SBI Life Insurance Company Limited ₹31.57 Cr	Insurance	1.42%
11	Bharat Heavy Electricals Limited ₹27.42 Cr	Electrical Equipment	1.23%
12	Titan Company Limited ₹26.34 Cr	Consumer Durables	1.18%
13	Pidilite Industries Limited ₹21.81 Cr	Chemicals & Petrochemicals	0.98%
14	Sagility Limited ₹21.13 Cr	IT - Services	0.95%
15	Bajaj Finance Limited ₹21.01 Cr	Finance	0.94%
16	Bajaj Finserv Limited ₹20.92 Cr	Finance	0.94%
17	Divi's Laboratories Limited ₹20.34 Cr	Pharmaceuticals & Biotechnology	0.91%
18	Infosys Limited ₹19.67 Cr	IT - Software	0.88%
19	UltraTech Cement Limited ₹19.28 Cr	Cement & Cement Products	0.87%
20	Kotak Mahindra Bank Limited ₹19.34 Cr	Banks	0.87%
21	HDFC Asset Management Company Limited ₹19.40 Cr	Capital Markets	0.87%
22	Cipla Limited ₹19.22 Cr	Pharmaceuticals & Biotechnology	0.86%
23	PI Industries Limited ₹18.80 Cr	Fertilizers & Agrochemicals	0.84%
24	Oil & Natural Gas Corporation Limited ₹18.65 Cr	Oil	0.84%
25	United Spirits Limited ₹18.51 Cr	Beverages	0.83%
26	Supreme Industries Limited ₹18.32 Cr	Industrial Products	0.82%
27	Max Healthcare Institute Limited ₹17.70 Cr	Healthcare Services	0.79%
28	Eternal Limited ₹17.61 Cr	Retailing	0.79%
29	Tata Motors Ltd ₹16.35 Cr	Agricultural, Commercial & Construction Vehicles	0.73%
30	Hindustan Unilever Limited ₹15.88 Cr	Diversified FMCG	0.71%
31	InterGlobe Aviation Limited ₹14.75 Cr	Transport Services	0.66%
32	Britannia Industries Limited ₹13.90 Cr	Food Products	0.62%
33	Billionbrains Garage Ventures Ltd ₹13.89 Cr	Capital Markets	0.62%
34	Tenneco Clean Air India Limited ₹13.80 Cr	Auto Components	0.62%
35	SRF Limited ₹13.78 Cr	Chemicals & Petrochemicals	0.62%
36	Radico Khaitan Limited ₹13.75 Cr	Beverages	0.62%
37	Delhivery Limited ₹13.61 Cr	Transport Services	0.61%
38	Varun Beverages Limited ₹13.01 Cr	Beverages	0.58%
39	Aarti Industries Limited ₹12.99 Cr	Chemicals & Petrochemicals	0.58%
40	Coforge Limited ₹12.67 Cr	IT - Software	0.57%
41	Jindal Steel Limited ₹12.79 Cr	Ferrous Metals	0.57%
42	Sun Pharmaceutical Industries Limited ₹12.73 Cr	Pharmaceuticals & Biotechnology	0.57%
43	Hyundai Motor India Ltd ₹12.54 Cr	Automobiles	0.56%
44	Hindustan Aeronautics Limited ₹12.51 Cr	Aerospace & Defense	0.56%
45	JB Chemicals & Pharmaceuticals Limited ₹12.34 Cr	Pharmaceuticals & Biotechnology	0.55%
46	Cummins India Limited ₹12.06 Cr	Industrial Products	0.54%
47	RBL Bank Limited ₹12.01 Cr	Banks	0.54%
48	Healthcare Global Enterprises Limited ₹11.18 Cr	Healthcare Services	0.50%
49	NTPC Limited ₹10.86 Cr	Power	0.49%
50	Welspun Corp Limited ₹10.89 Cr	Industrial Products	0.49%
51	Cholamandalam Investment and Finance Company Ltd ₹10.96 Cr	Finance	0.49%
52	DLF Limited ₹11.02 Cr	Realty	0.49%
53	Swiggy Limited ₹10.78 Cr	Retailing	0.48%
54	IndusInd Bank Limited ₹10.44 Cr	Banks	0.47%
55	Torrent Pharmaceuticals Limited ₹10.36 Cr	Pharmaceuticals & Biotechnology	0.47%
56	TVS Motor Company Limited ₹10.27 Cr	Automobiles	0.46%
57	Tata Consultancy Services Limited ₹9.81 Cr	IT - Software	0.44%
58	Indus Towers Limited ₹9.80 Cr	Telecom - Services	0.44%
59	The Indian Hotels Company Limited ₹9.48 Cr	Leisure Services	0.43%
60	Tata Steel Limited ₹9.35 Cr	Ferrous Metals	0.42%
61	Jubilant Foodworks Limited ₹9.02 Cr	Leisure Services	0.40%
62	Gabriel India Limited ₹8.83 Cr	Auto Components	0.40%
63	Page Industries Limited ₹8.94 Cr	Textiles & Apparels	0.40%
64	HDFC Life Insurance Company Limited ₹8.73 Cr	Insurance	0.39%
65	360 One WAM Limited ₹8.27 Cr	Capital Markets	0.37%
66	Shriram Finance Limited ₹7.69 Cr	Finance	0.35%
67	Tata Consumer Products Limited ₹7.25 Cr	Agricultural Food & other Products	0.33%
68	Power Grid Corporation of India Limited ₹6.65 Cr	Power	0.30%
69	Midwest Limited ₹6.34 Cr	Consumer Durables	0.28%
70	Sapphire Foods India Limited ₹6.34 Cr	Leisure Services	0.28%
71	Aadhar Housing Finance Limited ₹5.98 Cr	Finance	0.27%
72	Vedanta Limited ₹5.87 Cr	Diversified Metals	0.26%
73	Tata Power Company Limited ₹5.48 Cr	Power	0.25%
74	Sudeep Pharma Limited ₹3.15 Cr	Pharmaceuticals & Biotechnology	0.14%
75	Malco Energy Limited ₹2.62 Cr	Power	0.12%
76	Vedanta Iron And Steel Limited ₹2.62 Cr	Metals & Minerals Trading	0.12%
77	Vedanta Aluminium Metal Limited ₹2.62 Cr	Metals & Minerals Trading	0.12%
78	Talwandi Sabo Power Limited ₹2.62 Cr	Power	0.12%
79	Deepak Nitrite Limited ₹1.61 Cr	Chemicals & Petrochemicals	0.07%