Axis Multicap Fund vs HDFC Multi Cap Fund
Over the last 3 years, Axis Multicap Fund returned 20.2% a year against 12.2% for HDFC Multi Cap Fund (Direct plans). In falling months, Axis Multicap Fund fell less: 85% of the index's fall, against 100%. They hold 42 stocks in common; the portfolio overlap is 33%. Data as of 12 Nov 2026.
| Axis Multicap Fund | HDFC Multi Cap Fund | |
|---|---|---|
| Category | Multi Cap | Multi Cap |
| Fund house | Axis Mutual Fund | HDFC Mutual Fund |
| Benchmark | NIFTY500 Multicap 50:25:25 TRI | NIFTY500 Multicap 50:25:25 TRI |
| Age | 4.9 years | 4.9 years |
| AUM on 30 Oct 2026 | ₹12,269 cr | ₹19,087 cr |
| Direct plan | ||
| Rating | A+ | C |
| Expense ratio | 0.91% | 0.95% |
| 1Y return | 12.2% | -1.4% |
| 3Y return (a year) | 20.2% | 12.2% |
| 5Y return (a year) | – | – |
| 3Y vs index | +7.3% | -0.7% |
| Rating score, rank | 98 · #1 of 23 | 15 · #23 of 23 |
| Regular plan | ||
| Rating | A+ | C |
| Expense ratio | 1.97% | 1.78% |
| 1Y return | 11.0% | -2.2% |
| 3Y return (a year) | 18.9% | 11.1% |
| 5Y return (a year) | – | – |
| 3Y vs index | +6.0% | -1.8% |
| Rating score, rank | 97 · #1 of 23 | 20 · #22 of 23 |
| Consistency, risk and portfolio | ||
| Ahead of index, rolling 3Y periods | – | – |
| Deepest fall, 3Y | -18.1% | -20.2% |
| Volatility, 3Y | 15.4% | 15.6% |
| Max fall, 5Y | -18.1% | -20.2% |
| Down capture, 3Y | 85 | 100 |
| Stocks held | 108 | 119 |
| Top 10 holdings | 23% | 24% |
| Large / mid / small caps | 39 / 24 / 29% | 43 / 26 / 27% |
| Largest sector | Banks | Banks |
Common questions
Axis Multicap Fund or HDFC Multi Cap Fund: which is better?
On our track-record ratings (Direct plans), Axis Multicap Fund is rated A+ and HDFC Multi Cap Fund is rated C, each against its own category. Ratings describe the record so far and are not a forecast; which suits you depends on your goal and the funds you already hold.
Axis Multicap Fund or HDFC Multi Cap Fund: which has done better?
Over the last 3 years, Axis Multicap Fund returned 20.2% a year against 12.2% for HDFC Multi Cap Fund (Direct plans).
How much do Axis Multicap Fund and HDFC Multi Cap Fund overlap?
They hold 42 stocks in common; the portfolio overlap is 33%.
Should I hold both?
Two funds with a high overlap add little diversification. Check how they fit your goal and the rest of your portfolio; we can help.
More comparisons
Top-rated multi cap funds this month · All multi cap funds
Past performance does not guarantee future returns. This comparison is not a recommendation to buy or sell either fund.
Send us your CAS and get a written report: which of your funds to keep, which to exit and when, where new SIPs should go, and what each change costs in tax.