Axis Multicap Fund completes 3 years, has offered 23% CAGR since inception
Axis Multicap Fund has completed three years and has offered 22.64% CAGR since its inception. (Direct plan)
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The scheme has demonstrated its ability to navigate various market conditions and capitalize on opportunities across the market spectrum, according to a release by the fund house.
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The fund has investment across the entire market capitalization curve and in a disciplined manner. It targets companies that have the potential to become leaders and aims to capture opportunities moving from unorganized to organized. It also aims to capture the best ideas regardless of size and target leaders or challengers in respective market segments, the release highlighted.
Axis Multicap Fund has delivered good performance, primarily due to investing in the right stocks in the right segments and avoiding laggards. True to its name and mandate, the fund has invested across the market capitalization curve taking active calls to shift between the market caps based on the fund manager’s views.
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