Axis Multi Asset Allocation Fund vs Capitalmind Multi Asset Allocation Fund
Axis Multi Asset Allocation Fund and Capitalmind Multi Asset Allocation Fund are both Multi Asset Allocation funds. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR +14.29% vs —, 5-year CAGR +8.65% vs —, volatility 10.09% vs —, maximum drawdown −27.42% vs −8.44%. Their portfolios overlap by 9.9% (9 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Axis Multi Asset Allocation | Capitalmind Multi Asset Allocation | |
|---|---|---|
| Fund house | Axis Mutual Fund | Capitalmind Mutual Fund |
| Compared as | Multi Asset Allocation | Multi Asset Allocation |
| NAV | ₹52.1907 | ₹9.7539 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 2 Jan 2013 | 20 Mar 2026 |
| Track record | 13.8 yrs | 0.6 yrs |
| Fund size (AUM) | ₹2,616 Cr | ₹37 Cr |
| Securities held | 113 | 34 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Axis Multi Asset Allocation | Capitalmind Multi Asset Allocation | |
|---|---|---|
| 1 month | +1.55% | +1.05% |
| 3 months | −2.25% | −3.18% |
| 6 months | +0.96% | −4.68% |
| 1 year | +5.16% | — |
| 3 years (CAGR) | +14.29% | — |
| 5 years (CAGR) | +8.65% | — |
| 7 years (CAGR) | +12.50% | — |
| 10 years (CAGR) | +11.63% | — |
| Since launch (CAGR) | +10.74% | — |
| SIP return (XIRR, 5 years) ⓘ | +11.03% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Axis Multi Asset Allocation | Capitalmind Multi Asset Allocation | |
|---|---|---|
| 2026 (year to date) | +1.54% | — |
| 2025 | +16.47% | — |
| 2024 | +16.48% | — |
| 2023 | +14.36% | — |
| 2022 | −4.31% | — |
| 2021 | +24.87% | — |
Risk
| Axis Multi Asset Allocation | Capitalmind Multi Asset Allocation | |
|---|---|---|
| Volatility (annualised) ⓘ | 10.09% | — |
| Downside volatility ⓘ | 7.20% | — |
| Sharpe ratio ⓘ | 0.77 | — |
| Sortino ratio ⓘ | 1.08 | — |
| Maximum drawdown ⓘ | −27.42% | −8.44% |
| Recovery from that fall | 7 months | — |
| Current fall from peak | −4.25% | −5.58% |
| Rolling 1-year return: worst | −13.18% | — |
| Rolling 1-year return: median | +11.12% | — |
| Rolling 1-year return: best | +61.87% | — |
| Share of 1-year periods with a loss | 10.42% | — |
Against each fund's benchmark
| Axis Multi Asset Allocation | Capitalmind Multi Asset Allocation | |
|---|---|---|
| Beta ⓘ | 0.63 | — |
| Alpha (Jensen's, annualised) ⓘ | +5.07% | — |
| R² ⓘ | 83.78 | — |
| Upside capture | 78.08% | — |
| Downside capture | 37.20% | — |
| Tracking error | 6.88% | — |
| Information ratio | 0.74 | — |
| Treynor ratio | 11.25 | — |
Portfolio
Asset mix
| Axis Multi Asset Allocation | Capitalmind Multi Asset Allocation | |
|---|---|---|
| Equity | 67.22% | 65.44% |
| Gold | 11.78% | 9.22% |
| Debt | 10.51% | 8.37% |
| Cash & equivalents | 3.84% | 6.09% |
| Silver | 3.34% | 3.40% |
| REITs / InvITs | 3.29% | 0.00% |
| Mutual Fund Units | 0.00% | 7.48% |
Market-cap split (share of fund assets)
| Axis Multi Asset Allocation | Capitalmind Multi Asset Allocation | |
|---|---|---|
| Large Cap | 43.65% | 38.59% |
| Mid Cap | 12.64% | 26.85% |
| Small Cap | 8.69% | 0.00% |
| Unclassified | 2.24% | 0.00% |
Concentration
| Axis Multi Asset Allocation | Capitalmind Multi Asset Allocation | |
|---|---|---|
| Top 10 holdings | 38.55% | 39.88% |
| Effective number of stocks ⓘ | 36.6 | 32.2 |
| Securities held | 113 | 34 |
Portfolio overlap: 9.9%
9 companies are held by both funds; by weight, 9.9% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Axis Multi Asset Allocation | Capitalmind Multi Asset Allocation |
|---|---|---|
| Axis Bank Limited | 2.60% | 2.86% |
| State Bank of India | 2.08% | 2.10% |
| Sun Pharmaceutical Industries Limited | 0.98% | 2.76% |
| Canara Bank | 0.98% | 2.61% |
| NTPC Limited | 0.98% | 2.50% |
| Tata Steel Ltd. | 0.80% | 2.62% |
| Marico Limited | 0.76% | 2.90% |
| Oil & Natural Gas Corporation Limited | 0.48% | 1.78% |
| The Federal Bank Limited | 0.19% | 2.89% |
Top 10 holdings
Axis Multi Asset Allocation
- Axis Gold ETF11.78%
- ICICI Bank Limited5.57%
- HDFC Bank Limited4.23%
- Axis Silver ETF3.34%
- Bharti Airtel Limited2.79%
- Axis Bank Limited2.60%
- Reliance Industries Limited2.48%
- Larsen & Toubro Limited2.13%
- State Bank of India2.08%
- Mahindra & Mahindra Limited1.55%
Capitalmind Multi Asset Allocation
- Capitalmind Liquid Fund - Direct-Growth7.48%
- Mirae Asset Gold ETF5.90%
- 364 Days Tbill (MD 25/12/2026)4.02%
- Bajaj Auto Limited3.44%
- Mirae Asset Silver ETF3.40%
- Nippon India ETF Gold Bees3.32%
- Petronet LNG Limited3.25%
- Glenmark Pharmaceuticals Limited3.18%
- Grasim Industries Limited2.96%
- Zydus Lifesciences Limited2.93%
Sector exposure
| Axis Multi Asset Allocation | Capitalmind Multi Asset Allocation | |
|---|---|---|
| Banks | 17.05% | 18.42% |
| Unclassified | 15.12% | 16.78% |
| Pharmaceuticals & Biotechnology | 3.99% | 11.33% |
| Automobiles | 2.64% | 6.32% |
| Non - Ferrous Metals | 1.11% | 4.90% |
| Sovereign | 1.71% | 4.02% |
| Finance | 3.72% | 2.19% |
| IT - Software | 3.49% | 0.00% |
| ETFs | 0.00% | 3.32% |
| Gas | 0.00% | 3.25% |
| Cement & Cement Products | 1.58% | 2.96% |
| Agricultural Food & other Products | 1.53% | 2.90% |
| Telecom - Services | 2.79% | 2.60% |
| Ferrous Metals | 1.21% | 2.62% |
Questions people ask
What is the difference between Axis Multi Asset Allocation and Capitalmind Multi Asset Allocation returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return +5.16% vs —; 3-year CAGR +14.29% vs —; 5-year CAGR +8.65% vs —; 10-year CAGR +11.63% vs —. Past returns do not indicate future returns.
How do Axis Multi Asset Allocation and Capitalmind Multi Asset Allocation compare on risk?
Volatility (36 monthly returns, annualised) 10.09% vs —; Sharpe ratio 0.77 vs —; Sortino ratio 1.08 vs —; maximum drawdown −27.42% vs −8.44%; beta 0.63 vs —.
How much do Axis Multi Asset Allocation and Capitalmind Multi Asset Allocation overlap?
By weight, 9.9% of the two portfolios is invested in the same companies; 9 stocks are held by both, the largest shared positions being Axis Bank Limited, State Bank of India, Sun Pharmaceutical Industries Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Axis Multi Asset Allocation and Capitalmind Multi Asset Allocation?
Axis Multi Asset Allocation: large cap 43.7%, mid cap 12.6%, small cap 8.7%. Capitalmind Multi Asset Allocation: large cap 38.6%, mid cap 26.9%, small cap 0.0% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 4 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.