Axis Multicap Fund vs PGIM India Multi Cap Fund
Axis Multicap Fund and PGIM India Multi Cap Fund are both Multi Cap funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +19.69% vs —, 5-year CAGR — vs —, volatility 15.82% vs 16.53%, maximum drawdown −18.08% vs −18.10%.
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 Multicap | PGIM India Multi Cap | |
|---|---|---|
| Fund house | Axis Mutual Fund | PGIM India Mutual Fund |
| Compared as | Multi Cap | Multi Cap |
| NAV | ₹21.0300 | ₹11.0700 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 23 Dec 2021 | 13 Sep 2024 |
| Track record | 4.9 yrs | 2.1 yrs |
| Fund size (AUM) | ₹11,972 Cr | — |
| Securities held | 108 | — |
| Portfolio as of | 30 Sep 2026 | Not disclosed yet |
| Fund page | Full record → | Full record → |
Returns
| Axis Multicap | PGIM India Multi Cap | |
|---|---|---|
| 1 month | +2.64% | +2.79% |
| 3 months | +1.40% | +0.09% |
| 6 months | +9.53% | +6.85% |
| 1 year | +8.91% | +7.79% |
| 3 years (CAGR) | +19.69% | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +16.47% | +4.42% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
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 Multicap | PGIM India Multi Cap | |
|---|---|---|
| 2026 (year to date) | +10.39% | +9.17% |
| 2025 | +2.42% | +5.63% |
| 2024 | +33.81% | — |
| 2023 | +38.31% | — |
| 2022 | −0.20% | — |
Risk
| Axis Multicap | PGIM India Multi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 15.82% | 16.53% |
| Downside volatility ⓘ | 10.67% | 11.83% |
| Sharpe ratio ⓘ | 0.84 | -0.13 |
| Sortino ratio ⓘ | 1.24 | -0.18 |
| Maximum drawdown ⓘ | −18.08% | −18.10% |
| Recovery from that fall | 8 months | 7 months |
| Current fall from peak | −1.41% | −1.07% |
| Rolling 1-year return: worst | −4.22% | −2.55% |
| Rolling 1-year return: median | +14.33% | +7.36% |
| Rolling 1-year return: best | +59.62% | +17.75% |
| Share of 1-year periods with a loss | 6.56% | 3.19% |
Against each fund's benchmark
| Axis Multicap | PGIM India Multi Cap | |
|---|---|---|
| Beta ⓘ | 0.94 | 0.92 |
| Alpha (Jensen's, annualised) ⓘ | +6.66% | +3.89% |
| R² ⓘ | 92.42 | 95.80 |
| Upside capture | 115.72% | 108.15% |
| Downside capture | 88.51% | 87.63% |
| Tracking error | 4.61% | 3.63% |
| Information ratio | 1.57 | 1.29 |
| Treynor ratio | 13.19 | -5.32 |
Portfolio
PGIM India Multi Cap Fund has no usable portfolio disclosure on file yet, so portfolio comparisons are shown only where available.
Asset mix
| Axis Multicap | PGIM India Multi Cap | |
|---|---|---|
| Equity | 95.40% | — |
| Cash & equivalents | 4.58% | — |
Market-cap split (share of fund assets)
| Axis Multicap | PGIM India Multi Cap | |
|---|---|---|
| Large Cap | 39.14% | — |
| Mid Cap | 23.80% | — |
| Small Cap | 28.52% | — |
| Unclassified | 3.94% | — |
Concentration
| Axis Multicap | PGIM India Multi Cap | |
|---|---|---|
| Top 10 holdings | 22.87% | — |
| Effective number of stocks ⓘ | 81.6 | — |
| Securities held | 108 | — |
Top 10 holdings
Axis Multicap
- ICICI Bank Limited3.25%
- HDFC Bank Limited2.72%
- Sona BLW Precision Forgings Limited2.53%
- Eternal Limited2.41%
- Welspun Corp Limited2.35%
- Apar Industries Limited2.03%
- Multi Commodity Exchange of India Limited1.97%
- TD Power Systems Limited1.92%
- Shriram Finance Limited1.91%
- Ather Energy Limited1.78%
PGIM India Multi Cap
Not disclosed yet.
Sector exposure
| Axis Multicap | PGIM India Multi Cap | |
|---|---|---|
| Banks | 15.16% | — |
| Auto Components | 10.03% | — |
| Electrical Equipment | 9.79% | — |
| Pharmaceuticals & Biotechnology | 7.82% | — |
| Retailing | 5.33% | — |
| Automobiles | 5.01% | — |
| Finance | 4.90% | — |
| Healthcare Services | 4.26% | — |
| Industrial Products | 3.84% | — |
| Capital Markets | 3.84% | — |
| IT - Software | 3.25% | — |
| Consumer Durables | 3.11% | — |
| Beverages | 2.14% | — |
| Telecom - Services | 2.12% | — |
Questions people ask
What is the difference between Axis Multicap and PGIM India Multi Cap returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +8.91% vs +7.79%; 3-year CAGR +19.69% vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Axis Multicap and PGIM India Multi Cap compare on risk?
Volatility (36 monthly returns, annualised) 15.82% vs 16.53%; Sharpe ratio 0.84 vs -0.13; Sortino ratio 1.24 vs -0.18; maximum drawdown −18.08% vs −18.10%; beta 0.94 vs 0.92.
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.
More comparisons
Axis Multicap vs
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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 5 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.