Axis Multicap Fund NFO reviewed in detail. The Axis Multicap Fund NFO, a fund from Axis Mutual Fund, is open from 26th November 2021 to 10th December 2021. The scheme’s investment objective is to provide long-term capital growth by investing its assets in equity and equity-related securities. The fund will allocate its assets across market caps and has to invest a minimum of 25% of assets in each category i.e. 25% in large caps, 25% in mid caps, and 25% in small caps. The balance 25% assets can be allocated dynamically. The minimum application amount is Rs.5,000. The benchmark of the fund is NIFTY 500 Multicap 50:25:25 TRI and the fund manager is Mr. Anupam Tiwari.