About Axis Asset Management
Alternates by Axis AMC provides Portfolio Management Services and Alternate Investment Funds, allowing investors to broaden their investment horizons beyond traditional equity and fixed income investments. Alternative investments diversify portfolios due to their low correlation with traditional asset classes. Our journey began in 2017 with our flagship PMS product, Axis Brand Equity Portfolio, which paved the way for multiple strategies in Listed Equity (second PMS offering and multiple Cat-III AIFs), Late Stage Private Equity, Real Estate, and Structured Debt (Cat-II AIFs). These strategies demonstrate our capabilities as a financial institution while also reflecting our investors' investment needs. People behind these strategy verticals are highly experienced, and their knowledge is assisting us in growing this business, which is central to our overall asset management goals, which include mutual funds, pension services, passives and ETFs, global feeder structures, and alternates. We strategically collaborate with our group companies to maximize synergies.
Axis India Multicap Fund
Fund Snapshot
| Scheme Name | Axis India Multicap Fund |
| Investment Manager | Axis Asset Management Company Ltd (IFSC Branch) |
| Category of Registration of the scheme | A Restricted Scheme (Non-Retail) classified as an open-ended Category III AIF under the IFSCA (Fund Management) Regulation, 2025 |
| Master Fund | Axis Multicap Fund, an open-ended equity scheme floated by Axis Mutual Fund, registered with SEBI in India |
| Benchmark of Master Fund | NIFTY 500 Multicap 50:25:25 TRI |
| Trustee | Axis Trustee Services Ltd |
| Tax Advisor | Price Waterhouse & Co. LLP |
| Custodian | HSBC |
| Legal Advisor | Khaitan & Co. |
| Auditor | Manubhai & Shah LLP |
| Fund Administrator | KFin Technologies Ltd |
| Performance Fee & Hurdle Rate | Not Applicable |
| Minimum Investment | Share Class (Regular Plan) – B1: US$ 150,000; B2: US$ 500,000; B3: US$ 1,000,000; B4² : US$ 50,000 |
| Subscription & Redemption Frequency | Daily Dealing day² |
| Principal Currency & NAV of the Fund | US$ |
| Management Fee | Share Class (Regular Plan) – B1: 1.3%; B2: 1.1%; B3: 0.9%; B4² : 1.5% |
| Exit Load | If redeemed within 12 months – 3% of NAV; If redeemed post 12 months but within 24 months – 2% of NAV; If redeemed post 24 months but within 36 months – 1% of NAV; If redeemed post 36 months – Nil |
Why Axis Multicap Fund?
The Axis Multicap Fund stands out because it focuses on India’s long-term growth story. It follows a disciplined allocation strategy, investing a minimum of 25% each in large, mid, and small-cap companies. The fund offers a diversified portfolio across different stocks and sectors. It targets high-quality businesses with high return on equity (ROE), including large caps with stable earnings and a mix of niche and scalable mid and small-cap companies that are backed by strong business fundamentals.
