Axis Large & Mid Cap Fund Direct Growth

Axis Large & Mid Cap Fund Direct Growth

Equity

Axis Mutual Fund

Large & Mid-Cap

Get the latest NAV of Axis Large & Mid Cap Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹37.56

▼-0.6%1D

NAV as on 29 Sep 2026

18.14%/per year

Since Inception

Absolute Gain%

▲▼

10961 people have invested ₹ 7Cr in Axis Large & Mid Cap Fund in the last three months

Axis Large & Mid Cap Fund Performance vs. NIFTY 500

Fund returns vs Benchmark returns vs Category Average returns as on (29-Sep-26)

The fund has consistently outperformed the benchmark (NIFTY 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-5.01%
-0.87%
12.22%
5.06%
14.36%
11.6%
NIFTY 500
-5.88%
-4.02%
7.52%
-2.91%
8.47%
7.96%
Large & Mid-Cap Avg
-5.86%
-2.09%
8.94%
1.17%
12.14%
11.36%
Best in Large & Mid-Cap
-1.42%
2.77%
20.58%
10.1%
21.95%
18.42%
Worst in Large & Mid-Cap
-6.75%
-5.03%
1.15%
-5.69%
6.25%
7.22%
Category Rank
15/26
14/26
10/21
12/21
18/20
--

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Axis Large & Mid Cap Fund
12/26
17,320Cr
0.86%
5.06%
14.36%
3.27
0.86
0.74
1.10
0.55
Bandhan Large & Mid Cap Fund
1/26
21,020Cr
1.23%
3.22%
16.68%
4.96
0.97
0.84
1.34
1.66
Invesco India Large&MidCap Fund
2/26
12,387Cr
0.79%
7.65%
21.63%
8.36
1.07
0.95
1.51
1.42
ICICI Prudential Large & Mid Cap Fund
3/26
33,592Cr
1.34%
-0.39%
13.98%
4.21
0.86
0.81
1.21
0.77
See all

Axis Large & Mid Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Axis Large & Mid Cap Fund Asset Allocation

See fund asset allocation details as on (14-Sep-26)

Fund Distribution

as on (14-Sep-26)

Large cap
46.7%
Mid cap
36.1%
Small cap
7.6%
Large Cap allocation has gone up from 46.4% to 46.7%
Large Cap allocation has gone up from 46.4% to 46.7%
Small Cap allocation has gone up from 6.2% to 7.6%
Small Cap allocation has gone up from 6.2% to 7.6%
Mid Cap allocation has gone down from 36.5% to 36.1%
Mid Cap allocation has gone down from 36.5% to 36.1%
Cash allocation has gone down from 4.3% to 3.1%
Cash allocation has gone down from 4.3% to 3.1%

Axis Large & Mid Cap Fund Sector Allocation

See fund sector allocation details as on (14-Sep-26)

Sector Allocation

Financial Services
33%
Consumer Cyclical
14.4%
Industrial
13.7%
Health
10.3%
Tech
8.6%
Basic Materials
5.8%
Communication
5%
Energy
3.1%
Utilities
2.6%
Consumer Defensive
2.2%
Real Estate
1.3%

Top 3 Sectors in August were Financial Services, Consumer Cyclical & Industrial

Aug'26

Financial Services

29%

Consumer Cyclical

22%

Industrial

15%

Jul'26

Financial Services

30%

Consumer Cyclical

22%

Industrial

14%

Axis Large & Mid Cap Fund Holdings Details

as on (31-Aug-26)

Holdings
Weight%
1M Change
ICICI Bank Ltd
4.63%
0%
HDFC Bank Ltd
3.21%
0%
Divi's Laboratories Ltd
2.66%
28.1%
Eternal Ltd
2.61%
0%
Sona BLW Precision Forgings Ltd
2.5%
0%
See all
Top Stocks bought last month
Coforge Ltd's allocation increased from 0.84% to 1.4%
Coforge Ltd's allocation increased from 0.84% to 1.4%
Sona BLW Precision Forgings Ltd's allocation increased from 1.89% to 2.44%
Sona BLW Precision Forgings Ltd's allocation increased from 1.89% to 2.44%
PB Fintech Ltd's allocation increased from 0.91% to 1.3%
PB Fintech Ltd's allocation increased from 0.91% to 1.3%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 4.33 % to 3.49 %
HDFC Bank Ltd's allocation decreased from 4.33 % to 3.49 %
Shriram Finance Ltd's allocation decreased from 2.51 % to 1.99 %
Shriram Finance Ltd's allocation decreased from 2.51 % to 1.99 %
Reliance Industries Ltd's allocation decreased from 1.97 % to 1.95 %
Reliance Industries Ltd's allocation decreased from 1.97 % to 1.95 %

Axis Large & Mid Cap Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.86%
Benchmark
Nifty LargeMidcap 250 TR INR
AUM₹17320 Cr
Inception Date22 October, 2018
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
63.82%
Risk
Risk meter
pointer
Very High Risk

About Axis Large & Mid Cap Fund

Axis Growth Opportunities Fund is a mutual fund designed to provide investors with long-term capital appreciation by investing primarily in equity and equity-related instruments of growth-oriented companies. Growth oriented companies are firms whose revenues or business generally grows faster than the industry average.

The investment strategy of the fund focuses on identifying high-quality businesses with strong growth potential across various sectors and market capitalizations. The fund invests in companies like HDFC, HUL and Infosys.

Key Parameters

  1. Axis Large & Mid Cap Fund has ₹17320 Cr worth of assets under management (AUM) as on Sep 2026 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

Axis Large & Mid Cap Fund has given a CAGR return of 18.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.06%, 14.36% and 11.60% respectively.

Holdings

Axis Large & Mid Cap Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Government, Communication, Basic Materials, Consumer Defensive, Energy, Real Estate, Utilities. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Divi's Laboratories Ltd, Eternal Ltd, Sona BLW Precision Forgings Ltd

Taxation

As it is a large & mid-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Axis Large & Mid Cap Fund

To generate long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments both in India as well as overseas.There is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Large & Mid Cap Fund has no lock in period.

Fund Manager

Shreyash Devalkar

Fund Manager of Axis Large & Mid Cap Fund, since 4 August 2023

Hitesh Das

Fund Manager of Axis Large & Mid Cap Fund, since 3 August 2023

Krishnaa N

Fund Manager of Axis Large & Mid Cap Fund, since 1 March 2024

Mayank Hyanki

Fund Manager of Axis Large & Mid Cap Fund, since 3 July 2026

Learn more about Axis Mutual Fund
Parameters
Aug'26
Jul'26
Jun'26
AUM
₹ 17.3K Cr
₹ 16.8K Cr
₹ 16.5K Cr
  • AUM of the fund stands at 17.3K Cr as of Aug'26
  • AUM increased by 517.9 Cr between Aug'26 and Jul'26

Compare Axis Large & Mid Cap Fund

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Frequently Asked Questions for Axis Large & Mid Cap Fund Direct Growth

How do I invest in Axis Large & Mid Cap Fund?

INDmoney makes it simple to invest in the Axis Large & Mid Cap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Axis Large & Mid Cap Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Axis Large & Mid Cap Fund?

The NAV of the fund today is ₹37.56. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Axis Large & Mid Cap Fund fund has generated a return of 5.06% in 1 year, 14.36% in 3 years, 11.60% in 5 years.

Who is the fund manager of Axis Large & Mid Cap Fund?

The fund managers are Shreyash Devalkar, Hitesh Das, Krishnaa N, Mayank Hyanki.

What is the expense ratio of the fund?

The expense ratio is 0.86%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹17320 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Axis Large & Mid Cap Fund?

The top 3 holdings of the fund are ICICI Bank Ltd(4.63%), HDFC Bank Ltd(3.21%), Divi's Laboratories Ltd(2.66%)