Axis Multicap Fund vs ICICI Prudential Multi Cap Fund
Over the last 3 years, Axis Multicap Fund returned 20.2% a year against 15.3% for ICICI Prudential Multi Cap Fund (Direct plans). In falling months, Axis Multicap Fund fell less: 85% of the index's fall, against 91%. They hold 38 stocks in common; the portfolio overlap is 23%. Data as of 12 Nov 2026.
| Axis Multicap Fund | ICICI Prudential Multi Cap Fund | |
|---|---|---|
| Category | Multi Cap | Multi Cap |
| Fund house | Axis Mutual Fund | ICICI Prudential Mutual Fund |
| Benchmark | NIFTY500 Multicap 50:25:25 TRI | NIFTY500 Multicap 50:25:25 TRI |
| Age | 4.9 years | 13.9 years |
| AUM on 30 Oct 2026 | ₹12,269 cr | ₹17,965 cr |
| Direct plan | ||
| Rating | A+ | B |
| Expense ratio | 0.91% | 1.00% |
| 1Y return | 12.2% | 4.5% |
| 3Y return (a year) | 20.2% | 15.3% |
| 5Y return (a year) | – | 13.3% |
| 3Y vs index | +7.3% | +2.3% |
| Rating score, rank | 98 · #1 of 23 | 55 · #9 of 23 |
| Regular plan | ||
| Rating | A+ | B |
| Expense ratio | 1.97% | 1.74% |
| 1Y return | 11.0% | 3.7% |
| 3Y return (a year) | 18.9% | 14.3% |
| 5Y return (a year) | – | 12.4% |
| 3Y vs index | +6.0% | +1.4% |
| Rating score, rank | 97 · #1 of 23 | 51 · #12 of 23 |
| Consistency, risk and portfolio | ||
| Ahead of index, rolling 3Y periods | – | 100% |
| Deepest fall, 3Y | -18.1% | -17.2% |
| Volatility, 3Y | 15.4% | 14.7% |
| Max fall, 5Y | -18.1% | -17.2% |
| Down capture, 3Y | 85 | 91 |
| Stocks held | 108 | 168 |
| Top 10 holdings | 23% | 24% |
| Large / mid / small caps | 39 / 24 / 29% | 37 / 29 / 32% |
| Largest sector | Banks | Electrical Equipment |
Common questions
Axis Multicap Fund or ICICI Prudential Multi Cap Fund: which is better?
On our track-record ratings (Direct plans), Axis Multicap Fund is rated A+ and ICICI Prudential Multi Cap Fund is rated B, 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 ICICI Prudential Multi Cap Fund: which has done better?
Over the last 3 years, Axis Multicap Fund returned 20.2% a year against 15.3% for ICICI Prudential Multi Cap Fund (Direct plans).
How much do Axis Multicap Fund and ICICI Prudential Multi Cap Fund overlap?
They hold 38 stocks in common; the portfolio overlap is 23%.
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
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Past performance does not guarantee future returns. This comparison is not a recommendation to buy or sell either fund.
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