NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹42.44
0.42%
NAV as on 20 Mar 26, 12:00 AM
very high risk
multi asset allocation
equity
NAV as on 20 Mar 26, 12:00 AM
very high risk
multi asset allocation
equity
13.41%p.a.
Last 1Y
15.21%p.a.
Last 3Y
10.57%p.a.
Last 5Y
9.72%p.a.
Since Inception
About Axis Multi Asset Allocation Fund -Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Axis Multi Asset Allocation Fund -Growth scheme from Axis Asset Management Company Ltd. It is a Multi Asset Allocation mutual fund scheme that predominantly invests in Multi Asset Allocation stocks of companies. Launched on Aug 2010, Axis Multi Asset Allocation Fund -Growth is Multi Asset Allocation fund of its category with 2,175.19 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category Multi Asset Allocation funds.
- Axis Multi Asset Allocation Fund -Growth delivered 13.4% annual returns during the last year. It has delivered 9.7% average annual returns since the fund was launched.
- Axis Multi Asset Allocation Fund -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The Scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold Exchange Traded Funds.
Top 10 Holdings
Cash Margin
8.79%
NTPC Limited June 2025 Future
0.01%
Titan Company Limited June 2025 Future
0.03%
Power Grid Corporation of India Limited June 2025 Future
0.03%
Tata Motors Limited June 2025 Future
0.04%
INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED SR-X-A 9.41 LOA 27JL37 FVRS10LAC
0.13%
Apar Industries Ltd
0.34%
GE T&D India Ltd
0.60%
Bajaj Finance Ltd
0.41%
Bajaj Auto Ltd
0.14%
Fund Managers
- Devang Shah (Apr 2024 - Present)
- Hardik Shah (Apr 2024 - Present)
- Pratik Tibrewal (Feb 2025 - Present)
- Aditya Pagaria (Jun 2024 - Present)
- Ashish Naik (Jun 2016 - Present)
- Krishnaa Narayan (Dec 2024 - Present)
Key Information
View Scheme Document
Axis Multi Asset Allocation Fund -Growth SIP Calculator
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NRI Mutual Fund Tax on Axis Multi Asset Allocation Fund -Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Axis Multi Asset Allocation Fund -Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Axis Multi Asset Allocation Fund -Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Frequently Asked Questions
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