FoFFoF DomesticRegularGrowthVery High

Axis Multi-Asset Omni FoF

Q: What is the NAV of Axis Multi-Asset Omni FoF?

As of 01 Oct 2026, the NAV of Axis Multi-Asset Omni FoF is ₹10.46 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Axis Multi-Asset Omni FoF delivered?

Axis Multi-Asset Omni FoF has returned +3.88% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Axis Multi-Asset Omni FoF?

Axis Multi-Asset Omni FoF charges an expense ratio of 1.34% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Axis Multi-Asset Omni FoF?

Axis Multi-Asset Omni FoF's largest holdings are Axis Medium Term Fund-Direct Plan-Growth Option (13.1%), Axis Gold ETF (13.0%), Axis Large & Mid Cap Fund - Direct Plan - Growth (11.4%), Axis Liquid Fund - Direct Plan - Growth Option (11.0%) and Axis India Manufacturing Fund - Direct Plan - Growth (10.3%). Holdings are disclosed monthly and change over time.

Q: How risky is Axis Multi-Asset Omni FoF?

Axis Multi-Asset Omni FoF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.9% and its worst peak-to-trough fall in our sample was -11.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: Who manages Axis Multi-Asset Omni FoF?

Axis Multi-Asset Omni FoF is managed by Devang Shah, Aditya Pagaria, Shreyash Devalkar and Mayank Hyanki at Axis.

Q: How is Axis Multi-Asset Omni FoF taxed?

Axis Multi-Asset Omni FoF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.

Axis Mutual Fund · Best Domestic Fund of Funds

NAV

₹10.46

-0.50% 1D

as of 01 Oct 2026

This is the Regular plan of Axis Multi-Asset Omni FoF — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

Performance

+3.88%absolute

52-week rangePrev NAV ₹10.51

Latest ₹10.46

Low ₹9.5364th percentile of its 52-week rangeHigh ₹10.98

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough FoF Domestic peers to rank yet

RiskLow

Volatility 13.9% vs 17.4% category avg

CostHigh

1.3% expense vs 0.7% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its FoF Domestic peers (13.9% vs 17.4%)

Concerns

High expense ratio (1.34%) vs the FoF Domestic average of 0.69%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.34%

Category 0.69%▲0.65%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.65

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

a). If redeemed / switched-out within 12 months from the date of allotment: For 10% of investment: Nil For remaining investment: 1% b). If redeemed/switched out after 12 months from the date of allotment: Nil

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

Benchmark

—

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

17 Dec 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.69%

Absolute return over the last 3 months (not annualized)

-0.28%

Absolute return over the last 6 months (not annualized)

+7.15%

Absolute return since 1 Jan of this year (not annualized)

+2.81%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+3.88%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.86%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-11.52%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (FoF Domestic)

Period	Fund	Category avg.	Diff
1M abs	-3.69%	-3.40%	-0.29%
3M abs	-0.28%	-1.46%	+1.18%
6M abs	+7.15%	+4.72%	+2.43%
1Y CAGR	—	+11.40%	—
3Y CAGR	—	+19.25%	—
5Y CAGR	—	+12.58%	—

Category average across peers in FoF Domestic (151 of 152 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹90.00K

Current value

₹90.50K

Absolute

+0.56%

XIRR

+1.67%

Value vs. invested

ValueInvested

9 monthly installments of ₹10,000 into Axis Multi-Asset Omni FoF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	+2.81%	-7.18%	+9.99%
2025part	+1.04%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

195

Expense ratio

1.34%

Exit load

Taxation

Taxed as non-equity

This is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 2 years

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 2 years or more

No indexation, no ₹1.25 L exemption

Your income-tax slab

Sets the short-term (slab-rate) figure above.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · FoF Domestic

Compare all


Axis Multi-Asset Omni FoFThis fund Axis · Regular · Growth	—	—	—	—	—	1.34%	—
Mirae Asset NYSE FANG + ETF Fund of Fund Mirae Asset · Regular · Growth	★★★★★	+45.76%	+58.41%	+35.98%	—	0.41%	₹2,418Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Mirae Asset · Regular · Growth	★★★★★	+47.60%	+45.91%	+29.33%	—	0.42%	—
Axis Silver Fund of Fund Axis · Regular · Growth	★★★★☆	+50.74%	+45.30%	—	—	0.65%	₹1,209Cr
Nippon India Silver ETF FOF Nippon India · Regular · Growth	★★★★★	+49.37%	+45.20%	—	—	0.49%	₹4,544Cr
HDFC Silver ETF Fund of Fund HDFC · Regular · Growth	★★★★☆	+49.73%	+44.95%	—	—	0.55%	₹4,593Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Other97.83%
Cash & Equivalents2.18%

Cash & cash-like: 10.99% — the 2.18% above plus treasury bills, certificates of deposit, commercial paper and TREPS, which the allocation files under Debt but the market counts as cash-equivalent.

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Axis Medium Term Fund-Direct Plan-Growth Option

13.05%

Axis Gold ETF

13.02%

Axis Large & Mid Cap Fund - Direct Plan - Growth

11.37%

Axis India Manufacturing Fund - Direct Plan - Growth

10.28%

Axis Value Fund - Direct Plan - Growth

8.99%

ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth

8.76%

Axis Flexi Cap Fund - Direct Plan - Growth

7.37%

Kotak Banking & Financial Services Fund - Direct Plan - Growth

2.86%

Axis Silver ETF

2.26%

ICICI Prudential Infrastructure Fund Direct Growth

2.17%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-11.5%29 Jan 2026 → 23 Mar 2026
Fell over 2 months, back to the old high on 06 Aug 2026 — 4 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

Axis Mutual Fund is run by Axis Asset Management, majority-owned by Axis Bank with the UK's Schroders holding the minority stake. It launched its first scheme in 2009 and grew quickly on a growth-oriented, quality-biased equity style.

Launched

03 Sep 2009

Total AUM

₹3,69,030Cr+2.6% QoQ

Avg AUM · April - June 2026

Website

axismf.com

Fund Managers

DSDevang ShahStart date not disclosed

APAditya PagariaStart date not disclosed

Role

Fund Manager - Fixed Income

Education

Bachelor in Management Studies, Post Graduate Diploma in Business Management

Experience

Total number years of experience: 18 years, his last 10 are as follows: • Axis Asset Management Company (Fund Manager 12 Fixed Income) (August 1, 2016 till date) • ICICI Prudential Asset Management Company (Fund Manager Fixed Income) (Nov. 30, 2011 - July 26, 2016) • (Operations)- (May 03, 2007 - Nov. 29, 2011)

Funds managed (18)

All schemes Aditya Pagaria runs →

SDShreyash DevalkarStart date not disclosed

Role

Head – Equity

Education

Bachelor in Chemical Masters in Management Studies

Experience

Asset August 04, 2023 – Management till date Company Ltd. (Head Equity) Axis Asset Nov. 16, Management 2016 to August 03, Company Ltd. 2023 (Senior Fund Manager - Equity) BNP Paribas Jan. 17, Asset Management 2011 to India Pvt. Ltd. Nov. 15, (Fund Manager) 2016 IDFC Asset July 24, Management 2008 to Company Ltd. Jan. 14, (Vice President - 2011 Research) IDFC Securities Sept. 07, Ltd. (Research 2005 to July Analyst) 23, 2008

Funds managed (7)

All schemes Shreyash Devalkar runs →

MHMayank HyankiStart date not disclosed

Role

Fund Manger

Education

Bachelor of Technology, Post Graduate Diploma in Management

Experience

17 years, his last 10 years’ experience are as follows: • Axis Asset Management Company Ltd. (Dec. 2015 to till date) • Reliance Industries Ltd. (Apr. 2015 to Nov. -2015) • Birla Sun Life Asset Management Company 26 Ltd. (Mar. 2010 to Apr. 2015) • ING Investments (India) Pvt. Ltd. ( May 2008 to Mar. 2010)

Funds managed (3)

All schemes Mayank Hyanki runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Devang Shah Aditya Pagaria Shreyash Devalkar Mayank Hyanki

Axis in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

Frequently asked questions

What is the NAV of Axis Multi-Asset Omni FoF?

As of 01 Oct 2026, the NAV of Axis Multi-Asset Omni FoF is ₹10.46 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Axis Multi-Asset Omni FoF delivered?

Axis Multi-Asset Omni FoF has returned +3.88% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Axis Multi-Asset Omni FoF?

Axis Multi-Asset Omni FoF charges an expense ratio of 1.34% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Axis Multi-Asset Omni FoF?

Axis Multi-Asset Omni FoF's largest holdings are Axis Medium Term Fund-Direct Plan-Growth Option (13.1%), Axis Gold ETF (13.0%), Axis Large & Mid Cap Fund - Direct Plan - Growth (11.4%), Axis Liquid Fund - Direct Plan - Growth Option (11.0%) and Axis India Manufacturing Fund - Direct Plan - Growth (10.3%). Holdings are disclosed monthly and change over time.

How risky is Axis Multi-Asset Omni FoF?

Axis Multi-Asset Omni FoF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.9% and its worst peak-to-trough fall in our sample was -11.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Who manages Axis Multi-Asset Omni FoF?

Axis Multi-Asset Omni FoF is managed by Devang Shah, Aditya Pagaria, Shreyash Devalkar and Mayank Hyanki at Axis.

How is Axis Multi-Asset Omni FoF taxed?

Axis Multi-Asset Omni FoF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.