Axis Flexi Cap Fund Direct-Growth

Q: What are the returns of this mutual fund scheme?

The Axis Flexi Cap Fund Direct-Growth is a 8 yrs 3 m old fund and has delivered average annual returns of 13.61% since inception. Axis Flexi Cap Fund Direct-Growth Returns 1-Year 3-Year 5-Year Since Inception 4.93% 15.28% 11.87% 13.61%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹28.51-0.83% 1 day change	13.61% p.a.	App exclusive #NA View Ranked Funds	₹13,026 Cr

Historical NAV & returns

NAV: ₹28.51 as on Feb 02, 2026

This fund Category average

Axis Flexi Cap Fund overview

Expense ratio	0.73% as on Jan 29, 2026
Exit load	1.0% Exit Load for units in excess of 20% of the investment,1% will be charged for redemption within 12 months.!
AUM (Fund size)	₹13,026 Cr
Lock-in Period	Nil
Age	8 yrs 3 m since Oct 30, 2017
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Axis Flexi Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-4.49%	-7.1%
3 Months	-6.03%	-7.08%
6 Months	-3.29%	-4.04%
1 Year	4.93%	2.91%
2 Years	10.88%	7.38%
3 Years	15.28%	15.65%
4 Years	9.06%	11.17%
5 Years	11.87%	13.78%
7 Years	14.44%	14.31%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 61.75%

Mid Cap 16.63%

Small Cap 13.05%

Other Cap 0%

Top holdings

ICICI Bank Ltd.8.96%

HDFC Bank Ltd.7.72%

Bharti Airtel Ltd.5.16%

Infosys Ltd.4.25%

Top sectors

Financial 26.500000000000004%

Services 11.66%

Capital Goods 9.74%

Automobile 8.450000000000001%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 8.05%

Allocation by Instruments

CBLO 8.04638095%

Net Receivables 0.53020437%

Other Holdings

Others 0.53%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Flexi Cap Fund	-4.49%	-3.29%	4.93%	15.28%	11.87%	N.A.
HDFC Flexi Cap Fund	-3.14%	3.58%	12.52%	21.97%	21.54%	18.87%
Parag Parikh Flexi Cap Fund	-2.29%	1.6%	6.59%	20.22%	19.06%	18.93%
JM Flexicap Fund	-5.61%	-3.69%	-3.21%	20.6%	18.26%	18.38%
Edelweiss Flexi Cap Fund	-4.39%	3.25%	10.4%	20.09%	17.7%	17.38%
Franklin India Flexi Cap Fund	-4.59%	-0.76%	5.95%	18.48%	16.72%	15.66%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Flexi Cap Fund	12.9	0.95	0.75	1.02
HDFC Flexi Cap Fund	10.29	0.78	1.44	2.41
Parag Parikh Flexi Cap Fund	8.29	0.59	1.68	2.59
JM Flexicap Fund	14.8	1.03	0.97	1.35
Edelweiss Flexi Cap Fund	13.05	0.99	1.09	1.44
Franklin India Flexi Cap Fund	12.12	0.92	1.01	1.48

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Flexi Cap Fund	N.A.	13,026 Cr	8 yrs 3 m	0.73%
HDFC Flexi Cap Fund	N.A.	96,295 Cr	13 yrs 1 m	0.67%
Parag Parikh Flexi Cap Fund	N.A.	1,33,309 Cr	12 yrs 8 m	0.63%
JM Flexicap Fund	N.A.	5,463 Cr	13 yrs 1 m	0.62%
Edelweiss Flexi Cap Fund	N.A.	3,127 Cr	11 yrs	0.43%
Franklin India Flexi Cap Fund	N.A.	19,972 Cr	13 yrs 1 m	0.92%

View all Flexi Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.2 vs. 5.35 Underperformed at beating benchmark
Sharpe	0.75 vs. 4.43 Poor risk-adjusted returns
Beta	0.95 vs. 0.76 More sensitive to market's ups & downs
Standard deviation	12.9 vs. 9.47 More volatile performance

About this fund

About Axis Flexi Cap Fund

Axis Flexi Cap Fund Direct-Growth is a Flexi Cap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 8 yrs 3 m, having been launched on 30/10/2017. Axis Flexi Cap Fund Direct-Growth has ₹13,026 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Flexi Cap Fund Direct-Growth as of 02/02/2026 is ₹28.51. The fund has an expense ratio of 0.73%, which is higher than what most other Flexi Cap funds charge.

Axis Flexi Cap Fund Direct-Growth returns of last 1-year are 5.41%. Since launch, it has delivered 13.61% average annual returns. The fund has doubled the money invested in it every 6 yrs.
Axis Flexi Cap Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Financial, Services, Capital Goods, Automobile, Healthcare sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in ICICI Bank Ltd., HDFC Bank Ltd., Bharti Airtel Ltd., Infosys Ltd., Bajaj Finance Ltd..

...

Fund AUM	13,026 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Sachin Relekar

Mr. Relekar is an MMS(Finance) from Jamnalal Bajaj Institute of Management Studies Mumbai and B.E (Mechanical) from K.E.S. College of Engineering Islampur. Prior to joining Axis Mutual Fund, he has worked with Bandhan Mutual Fund (formerly IDFC Mutual Fund), LIC Mutual Fund, Tata AMC, CD Equity Search, Innovision Consulting and Tech Pacific India.

Investment objective

The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization by targeting undervalued companies that offer opportunities to generate superior capital gains from a medium-to-long term perspective.

Axis Mutual Fund details

No. of schemes	70 view all schemes
Total AUM	3,65,749 Cr as on Dec 31, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Axis Small Cap Fund	N.A.	26,547 Cr	1.39%	20.67%
Axis Large & Mid Cap Fund	N.A.	15,616 Cr	7.45%	17.75%
Axis Midcap Fund	N.A.	31,717 Cr	7.26%	17.21%
Axis Global Equity Alpha FoF	N.A.	1,441 Cr	25.11%	16.6%
Axis Nifty Midcap 50 Index Fund	N.A.	584 Cr	11.91%	N.A.
Axis Value Fund	N.A.	1,372 Cr	10.19%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Axis Flexi Cap Fund Direct-Growth?

The current Net Asset Value (NAV) of the Axis Flexi Cap Fund - Direct Growth plan is approximately ₹28.51 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Axis Flexi Cap Fund Direct-Growth is a 8 yrs 3 m old fund and has delivered average annual returns of 13.61% since inception.

Axis Flexi Cap Fund Direct-Growth Returns

1-Year	3-Year	5-Year	Since Inception
4.93%	15.28%	11.87%	13.61%

How much does this mutual fund charge as expense ratio?

The Axis Flexi Cap Fund - Direct Growth has an expense ratio of 0.73%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Axis Flexi Cap Fund currently has assets under management (AUM) or fund size valued at approximately 13,026 Cr as on Dec 31, 2025.

What are the top stock holdings of Axis Flexi Cap Fund?

The Axis Flexi Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
ICICI Bank Ltd.	8.96%
HDFC Bank Ltd.	7.72%
Bharti Airtel Ltd.	5.16%
Infosys Ltd.	4.25%
Bajaj Finance Ltd.	3.91%
Eternal Ltd.	3.74%
Mahindra & Mahindra Ltd.	3.74%
Bharat Electronics Ltd.	3.62%
Ultratech Cement Ltd.	2.89%
Krishna Institute of Medical Sciences Ltd	2.73%

What are the top sectors Axis Flexi Cap Fund has invested in?

The Axis Flexi Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	26.500000000000004%
Services	11.66%
Capital Goods	9.74%
Automobile	8.450000000000001%
Healthcare	8.02%
Technology	5.99%
Communication	5.16%
Construction	3.2399999999999998%
Chemicals	2.92%
Materials	2.89%

What is risk level of Axis Flexi Cap Fund?

This is a Flexi Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Axis Flexi Cap Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Axis Flexi Cap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Axis Flexi Cap Fund is complete.

How can I redeem my investments in Axis Flexi Cap Fund?

Redeeming your investments in the Axis Flexi Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Flexi Cap

#NA

Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 14.06% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: Exit Load for units in excess of 20% of the investment,1% will be charged for redemption within 12 months.