Axis Large & Mid Cap Fund Direct-Growth

Q: What are the returns of Axis Large & Mid Cap Fund?

The Axis Large & Mid Cap Fund is a 6 yrs 8 m old fund and has delivered average annual returns of 21.0% since inception. Axis Large & Mid Cap Fund Returns 1-Year 3-Year 5-Year Since Inception 9.53% 21.32% 25.46% 21.0%

Previously called: Axis Growth Opportunities Direct-G

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹35.41+0.65% 1 day change	21.0% p.a.	#NA View Ranked Funds	₹13,321 Crs

Historical NAV & returns

NAV: ₹35.41 as on Jun 05, 2025

This fund Category average

Axis Large & Mid Cap Fund overview

Expense ratio	0.58% as on May 31, 2025
Exit load	1.0% Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.!
AUM (Fund size)	₹13,321 Crs
Lock-in	No Lockin
Age	6 yrs 8 m since Oct 01, 2018
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP ₹100 & Lump. ₹500
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, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Axis Large & Mid 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 Jun 06, 2025

Period	This fund	Category average
1 Month	5.49%	6.0%
3 Months	11.4%	12.98%
6 Months	-2.68%	-2.1%
1 Year	9.53%	10.56%
2 Years	22.64%	25.18%
3 Years	21.32%	22.64%
4 Years	17.61%	18.4%
5 Years	25.46%	26.38%

View returns in detail

Asset allocationas on Mar 31, 2025

Large Cap 54.195712%

Mid Cap 37.505984000000005%

Small Cap 4.9383040000000005%

Other Cap 0.0%

Top holdings

HDFC Bank Ltd.6.1%

ICICI Bank Ltd.4.79%

Torrent Power Ltd.3.84%

Reliance Industries Ltd.2.79%

Top sectors

Financial 21.669999999999998%

Services 13.51%

Healthcare 10.58%

Capital Goods 10.32%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 5.1%

Reserve Bank of India 0.37%

Allocation by Instruments

Foreign - Equity 7.575914630000001%

CBLO 5.10346513%

ADS/ADR 1.0818296900000002%

Foreign Mutual Funds 1.06817349%

Other Holdings

Axis Nifty 50 ETF-Growth 0.82%

iShares NASDAQ 100 UCITS ETF USD 0.55%

iShares Core S&P 500 UCITS ETF USD 0.52%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Axis Large & Mid Cap Fund	N.A.	₹13,321 Crs	6 yrs 8 m	0.58%
ICICI Prudential Large & Mid Cap Fund	N.A.	₹20,352 Crs	12 yrs 5 m	0.78%
Kotak Equity Opportunities Fund	N.A.	₹24,913 Crs	12 yrs 5 m	0.55%
Quant Large and Mid Cap Fund	N.A.	₹3,645 Crs	12 yrs 5 m	0.64%
Motilal Oswal Large and Midcap Fund	N.A.	₹9,176 Crs	5 yrs 8 m	0.66%
HDFC Large and Mid Cap Fund	N.A.	₹23,380 Crs	12 yrs 5 m	0.86%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Large & Mid Cap Fund	5.49%	-2.68%	9.53%	21.32%	25.46%	N.A.
ICICI Prudential Large & Mid Cap Fund	3.7%	3.56%	12.97%	24.98%	29.8%	16.71%
Kotak Equity Opportunities Fund	5.85%	-2.47%	6.91%	23.31%	26.09%	16.96%
Quant Large and Mid Cap Fund	5.27%	-2.17%	-3.79%	23.3%	27.01%	17.94%
Motilal Oswal Large and Midcap Fund	14.75%	-2.48%	23.59%	33.61%	32.38%	13.61%
HDFC Large and Mid Cap Fund	5.29%	-1.39%	8.65%	24.27%	29.32%	14.84%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Large & Mid Cap Fund	14.16	0.89	0.96	1.45
ICICI Prudential Large & Mid Cap Fund	12.59	0.84	1.33	2.15
Kotak Equity Opportunities Fund	14.07	0.93	1.08	1.52
Quant Large and Mid Cap Fund	16.89	1.09	0.91	1.44
Motilal Oswal Large and Midcap Fund	19.24	1.1	1.26	1.4
HDFC Large and Mid Cap Fund	14.91	1.01	1.09	1.65

View all Large & Midcap funds

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

Alpha	3.89 vs. 6.91 Underperformed at beating benchmark
Sharpe	0.96 vs. 6.92 Poor risk-adjusted returns
Beta	0.89 vs. 1.04 Less sensitive to market ups & downs
Standard deviation	14.16 vs. 12.45 More volatile performance

Compare Axis Large & Mid Cap Fund in detail with

About this fund

About Axis Large & Mid Cap Fund

Axis Large & Mid Cap Fund Direct-Growth is a Large & MidCap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 6 yrs 8 m, having been launched on 01/10/2018. Axis Large & Mid Cap Fund Direct-Growth has ₹13,321 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Large & Mid Cap Fund Direct-Growth as of 05/06/2025 is ₹35.41. The fund has an expense ratio of 0.58%, which is close to what most other Large & Midcap funds charge.

Axis Large & Mid Cap Fund Direct-Growth returns of last 1-year are 11.77%. Since launch, it has delivered 21.03% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Axis Large & Mid 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 average.
The fund has the majority of its money invested in Financial, Services, Healthcare, Capital Goods, Energy 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 HDFC Bank Ltd., ICICI Bank Ltd., Torrent Power Ltd., Reliance Industries Ltd., Bharti Airtel Ltd..

...

Fund AUM	₹13,321 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Shreyash Devalkar

Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.

Hitesh Das

Mr. Das is a PGDM, M.Tech, B.Tech Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.

Investment objective

The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of Equity & Equity Related Instruments both in India as well as overseas.

Axis Mutual Fund details

No. of schemes	67 view all schemes
Total AUM	₹3,22,861 Crs as on Mar 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 (in Crs.)	1Y	5Y
Axis Small Cap Fund	N.A.	₹22,736 Crs	14.05%	32.37%
Axis Midcap Fund	N.A.	₹28,063 Crs	10.96%	26.26%
Axis Nifty 100 Index Fund	N.A.	₹1,715 Crs	7.42%	20.57%
Axis Flexi Cap Fund	N.A.	₹12,040 Crs	11.82%	19.78%
Axis ELSS Tax Saver Fund	N.A.	₹34,176 Crs	9.98%	18.14%

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Axis Large & Mid Cap Fund - Direct Growth plan is approximately ₹35.41 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Axis Large & Mid Cap Fund is a 6 yrs 8 m old fund and has delivered average annual returns of 21.0% since inception.

Axis Large & Mid Cap Fund Returns

1-Year	3-Year	5-Year	Since Inception
9.53%	21.32%	25.46%	21.0%

How much does this mutual fund charge as expense ratio?

The Axis Large & Mid Cap Fund - Direct Growth has an expense ratio of 0.58%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The Axis Large & Mid Cap Fund currently has assets under management (AUM) or fund size valued at approximately ₹13,321 Crs crore as of Mar 31, 2025.

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

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

Company	Percentage of Portfolio
HDFC Bank Ltd.	6.1%
ICICI Bank Ltd.	4.79%
Torrent Power Ltd.	3.84%
Reliance Industries Ltd.	2.79%
Bharti Airtel Ltd.	2.17%
Bajaj Finance Ltd.	1.91%
The Indian Hotels Company Ltd.	1.82%
Infosys Ltd.	1.74%
CG Power and Industrial Solutions Ltd.	1.65%
Larsen & Toubro Ltd.	1.58%

What are the top sectors Axis Large & Mid Cap Fund has invested in?

The Axis Large & Mid Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	21.669999999999998%
Services	13.51%
Healthcare	10.58%
Capital Goods	10.32%
Energy	7.609999999999999%
Technology	7.38%
Chemicals	4.970000000000001%
Construction	4.28%
Consumer Staples	3.33%
Automobile	3.31%

What is risk level of Axis Large & Mid Cap Fund?

This is a Large & Midcap 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 Large & Mid Cap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 Large & Mid Cap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Axis Large & Mid Cap Fund is complete.

How can I redeem my investments in Axis Large & Mid Cap Fund?

Redeeming your investments in Axis Large & Mid Cap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Large & Mid Cap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Large & MidCap

#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.
Exit Load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.