Axis MultiCap vs Mahindra Manulife Multi Cap
Data updated · direct-growth plans · not investment advice
Axis MultiCap currently edges it with a Smart Score of 79/100 vs 70/100. Axis MultiCap has the stronger risk-adjusted profile (Sortino 1.10 vs 0.79), 3-year returns of 18.6% vs 16.5%, and an expense ratio of 1.03% vs 0.93%. Scores are relative to all Multi Cap peers and refresh with every data update.
Portfolio overlap
lower = better diversificationOverlap = combined weight of stocks both funds hold (sum of the smaller weight per shared stock), from each fund's latest disclosed top-25 holdings.
| Returns (CAGR) | ||||
1Y return | 5.5%BEST | 4.6% | ||
3Y return | 18.6%BEST | 16.5% | ||
5Y return | — | 13.6%BEST | ||
Since launch | 15.7% | 17.0%BEST | ||
| Vs category benchmark | ||||
1Y vs index | +10.9%BEST | +10.1% | ||
3Y vs index | +8.3%BEST | +6.2% | ||
5Y vs index | — | +5.1%BEST | ||
Benchmark used | Nifty 500 | Nifty 500 | ||
| Risk | ||||
Sharpe ratio | 0.82BEST | 0.67 | ||
Sortino ratio | 1.10BEST | 0.79 | ||
Std deviation | 16.31BEST | 16.97 | ||
Alpha | 6.93BEST | 4.58 | ||
Beta | 0.91 | 0.96 | ||
| Cost & size | ||||
Expense ratio | 1.03% | 0.93%BEST | ||
Fund size | ₹12.0k CrBEST | ₹7.5k Cr | ||
Portfolio P/E | 32.65 | 23.99BEST | ||
| Ratings | ||||
Value Research | ★★★★★BEST | ★★★★★ | ||
Morningstar | ★★★★★BEST | ★★★★★ | ||
| Details | ||||
Fund manager | Shreyash Devalkar, Nitin Arora | Vishal Jajoo, Neelesh Dhamnaskar | ||
Benchmark | — | — | ||
Riskometer | Very High | Very High | ||
Start date | 16 Dec 2021 | 04 May 2017 | ||
| Top 5 holdings | ||||
Biggest positions |
|
| ||
Quick answers
Is Axis MultiCap better than Mahindra Manulife Multi Cap?
Axis MultiCap currently edges it with a Smart Score of 79/100 vs 70/100. Axis MultiCap has the stronger risk-adjusted profile (Sortino 1.10 vs 0.79), 3-year returns of 18.6% vs 16.5%, and an expense ratio of 1.03% vs 0.93%. Scores are relative to all Multi Cap peers and refresh with every data update.
Which is cheaper — Axis MultiCap or Mahindra Manulife Multi Cap?
Mahindra Manulife Multi Cap has the lower expense ratio: 0.93% vs 1.03% (direct plans). Lower fees compound in your favour over long holding periods.
Which has better risk-adjusted returns?
On the Sortino ratio (return per unit of downside risk), Axis MultiCap leads with 1.10 vs 0.79. Sharpe ratios: Axis MultiCap 0.82, Mahindra Manulife Multi Cap 0.67.