AXIS Multi-Asset Active FoF: NFO Details & Review

• Sushil Bajaj |
• 17 November 2025 |

📅 Last Updated on: December 1, 2025

In a world of ever-changing markets, investors are constantly looking for smart, balanced investment options that can adapt across asset classes. The Axis Multi-Asset Active FoF offers just that.

It’s an open-ended Fund of Funds (FoF) from Axis Mutual Fund, designed to invest dynamically in equity-oriented and debt-oriented mutual fund schemes, as well as commodity-based ETFs like gold and silver.

The fund is actively managed, providing diversified exposure and long-term capital appreciation, while reducing overall portfolio volatility through multi-asset allocation.

Quick Snapshot

Particulars	Details
Scheme Name	Axis Multi-Asset Active FoF
Fund Category	Hybrid FoF (Domestic) – Multi Asset Allocation
Type	Open-ended Fund of Funds investing in equity, debt, and commodity ETFs
Investment Objective	Long-term capital appreciation through active asset allocation
Benchmark	NIFTY 500 TRI (45%), NIFTY Composite Debt Index (45%), Domestic Price of Gold (5%), Domestic Price of Silver (5%)
Fund Managers	Mr. Devang Shah, Mr. Aditya Pagaria, Mr. Shreyash Devalkar, Mr. Mayank Hyanki
NFO Period	21 November 2025 – 5 December 2025
Scheme Reopens	Within 5 business days of allotment
Options	Growth and IDCW (Payout / Reinvestment)
Default Option	Growth
Entry Load	Nil
Exit Load	1% if redeemed within 12 months (except first 10% of investment); Nil after 12 months
Minimum Investment	₹100 and in multiples of ₹1 thereafter
Benchmark Riskometer	Moderately High (Hybrid Multi-Asset)
NAV Disclosure	Daily on AMC & AMFI websites

“The investment objective of the Scheme is to provide long-term capital appreciation by actively managing a portfolio of equity-oriented and debt-oriented mutual fund schemes and commodity-based ETFs.”

While the fund aims for consistent wealth creation over the long term, Axis AMC clarifies that there is no guarantee that the objective will be achieved, as performance depends on market dynamics and fund management decisions.

Benchmark Details

Primary Benchmark:

NIFTY 500 Total Return Index (45%)	NIFTY Composite Debt Index (45%)	Domestic Price of Physical Gold (5%)	Domestic Price of Physical Silver (5%)

This multi-benchmark blend captures:

• The performance of India’s equity market (via NIFTY 500 TRI)
• Debt market returns (via Composite Debt Index)
• Inflation-hedging returns (via Gold & Silver prices)

This benchmark composition reflects the fund’s multi-asset, multi-strategy design, aligning with SEBI’s hybrid FoF classification.

Why Invest in Axis Multi-Asset Active FoF

Investment Style & Strategy

1. Dynamic Asset Allocation

The Axis Multi-Asset Active FoF is an actively managed fund that reallocates dynamically among equity, debt, and commodities based on prevailing market conditions.

Asset Class	Indicative Allocation (% of total assets)	Purpose
Equity-oriented schemes	10% – 80%	Capital growth
Debt-oriented schemes	10% – 80%	Stability & income
Commodity ETFs (Gold & Silver)	10% – 35%	Inflation hedge & diversification
Debt & Money Market instruments (liquidity)	0% – 5%	Cash management

2. Active Rebalancing Approach

The allocation is dynamically decided using both quantitative models and fund manager discretion, considering parameters such as:

Market valuation & volatility levels
Interest rate outlook
Market-cap-to-GDP ratio
Dollar index and yield-to-earnings ratio
Momentum and macroeconomic trends
Currency movements

When markets are volatile or overvalued, the fund may reduce equity exposure and move to debt or commodities. Conversely, in bullish cycles, it may increase equity allocation.

3. Fund Selection Approach

This enables the fund to maintain flexibility and choose best-performing underlying funds in each category.

4. Risk Mitigation Strategy

Risk management is central to Axis AMC’s investment process.

The scheme uses:

• Diversification across asset classes to manage market risk.
• Active monitoring of duration, yield curve, and credit exposures in debt funds.
• Volatility and valuation models to manage equity risk.
• Commodity exposure as a hedge during inflationary or uncertain phases.

Who Should Invest in Axis Multi-Asset Active FoF?

1. Investors with a medium-to-long-term horizon (3+ years).
   
2. Those seeking diversification across asset classes.
   
3. Investors looking to reduce volatility and smoothen returns.
   
4. Individuals with moderate risk appetite who prefer professional allocation decisions.
   
5. First-time investors seeking an all-in-one balanced portfolio solution.

Fees, Loads & Taxation

🔗 How to Invest Online?

You can easily invest through our online investment platform.

Dealing with the Pain Points of Investors

Many investors hesitate with equity mutual funds due to concerns like:

Common Investor Concern	How Axis Multi-Asset Active FoF Addresses It
Market volatility & timing risk	Actively adjusts allocations between equity, debt & commodities
Inflation reducing real returns	Commodity allocation in gold & silver provides inflation hedge
Asset selection confusion	Professional fund managers make allocation decisions
Return stability	Diversified multi-asset exposure smoothens returns
Portfolio rebalancing complexity	Automatically managed through the fund’s active model

The Axis Multi-Asset Active FoF is a thoughtfully structured multi-asset investment vehicle that brings together the growth potential of equity, the stability of debt, and the hedging advantage of commodities — all under one umbrella.

It is an excellent option for investors seeking diversified exposure, professional asset management, and balanced long-term growth with reduced volatility.

Disclaimer
This article is for informational purposes only and does not constitute financial advice. Before investing, you should consult a qualified financial advisor, consider your risk tolerance, investment horizon, and review the latest scheme documents, factsheet and disclosures from Kotak Mutual Fund.