Axis Large & Mid Cap Fund

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

The Axis Large & Mid Cap Fund is a 7 yrs 4 m old fund and has delivered average annual returns of 17.44% since inception. Axis Large & Mid Cap Fund Returns 1-Year 3-Year 5-Year Since Inception 6.29% 18.86% 16.29% 17.44%

Q: How much does this mutual fund charge as expense ratio?

The Axis Large & Mid Cap Fund has an expense ratio of 1.68% , 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.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹32.26-1.1% 1 day change	17.44% p.a.	App exclusive #NA View Ranked Funds	₹15,616 Cr

Historical NAV & returns

NAV: ₹32.26 as on Feb 02, 2026

This fund Category average

Axis Large & Mid Cap Fund overview

AUM (Fund size)	₹15,616 Cr
Exit load	1.0% Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.!
Lock-in Period	Nil
Age	7 yrs 4 m since Oct 01, 2018
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Expense ratio	1.68% as on Jan 29, 2026
Plan type	Regular
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 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 Feb 03, 2026

Period	This fund	Category average
1 Month	-3.85%	-5.16%
3 Months	-4.22%	-5.36%
6 Months	-0.52%	-2.08%
1 Year	6.29%	5.53%
2 Years	11.24%	8.86%
3 Years	18.86%	17.13%
4 Years	11.53%	12.21%
5 Years	16.29%	15.56%
7 Years	17.78%	15.83%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 56.8%

Mid Cap 36.3%

Small Cap 4.06%

Other Cap 0%

Top holdings

HDFC Bank Ltd.6.08%

ICICI Bank Ltd.4.04%

Reliance Industries Ltd.3.77%

Bharti Airtel Ltd.2.08%

Top sectors

Financial 26.179999999999996%

Services 13.469999999999999%

Healthcare 8.54%

Capital Goods 8.160000000000002%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 1.89%

Allocation by Instruments

Foreign - Equity 4.3232641%

CBLO 1.88666684%

Foreign Mutual Funds 1.2409544000000001%

ADS/ADR 0.83035657%

Other Holdings

Axis Nifty 50 ETF-Growth 0.79%

iShares NASDAQ 100 UCITS ETF USD 0.66%

iShares Core S&P 500 UCITS ETF USD 0.58%

Others 0.52%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Large & Mid Cap Fund	-3.85%	-0.52%	6.29%	18.86%	16.29%	N.A.
ICICI Prudential Large & Mid Cap Fund	-4.92%	3.34%	8.25%	20.23%	20.44%	16.62%
Bandhan Large & Mid Cap Fund	-4.96%	1.12%	9.42%	22.21%	19.21%	16.59%
UTI Large & Mid Cap Fund	-3.85%	3.11%	9.59%	21.4%	19.04%	15.42%
HDFC Large and Mid Cap Fund	-5.26%	-0.43%	7.44%	19.27%	18.9%	15.92%
Kotak Large & Midcap Fund	-3.01%	2.55%	11.95%	19.11%	17.22%	16.67%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Large & Mid Cap Fund	12.05	0.86	1.06	1.45
ICICI Prudential Large & Mid Cap Fund	11.76	0.9	1.14	1.62
Bandhan Large & Mid Cap Fund	13.37	1.01	1.16	1.6
UTI Large & Mid Cap Fund	13.24	1.02	1.1	1.58
HDFC Large and Mid Cap Fund	13.86	1.08	0.93	1.38
Kotak Large & Midcap Fund	12.57	0.94	1.01	1.31

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Large & Mid Cap Fund	N.A.	15,616 Cr	7 yrs 4 m	1.68%
ICICI Prudential Large & Mid Cap Fund	N.A.	27,745 Cr	27 yrs 7 m	1.63%
Bandhan Large & Mid Cap Fund	N.A.	13,636 Cr	20 yrs 7 m	1.69%
UTI Large & Mid Cap Fund	N.A.	5,635 Cr	20 yrs 6 m	1.87%
HDFC Large and Mid Cap Fund	N.A.	28,980 Cr	32 yrs	1.63%
Kotak Large & Midcap Fund	N.A.	30,039 Cr	21 yrs 6 m	1.58%

View all Large & Midcap funds

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

Alpha	4.45 vs. 5.15 Underperformed at beating benchmark
Sharpe	1.06 vs. 5.94 Poor risk-adjusted returns
Beta	0.86 vs. 0.91 Less sensitive to market ups & downs
Standard deviation	12.05 vs. 10.81 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 is a Large & MidCap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 7 yrs 4 m, having been launched on 01/10/2018. Axis Large & Mid Cap Fund has ₹15,616 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 Large & Mid Cap Fund as of 02/02/2026 is ₹32.26. The fund has an expense ratio of 1.68%, which is higher than what most other Large & Midcap funds charge.

Axis Large & Mid Cap Fund returns of last 1-year are 5.81%. Since launch, it has delivered 17.44% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Axis Large & Mid Cap Fund 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 above average.
The fund has the majority of its money invested in Financial, Services, Healthcare, Capital Goods, Technology 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., Reliance Industries Ltd., Bharti Airtel Ltd., Torrent Power Ltd..

...

Fund AUM	15,616 Cr as on Dec 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	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 US Specific Equity Passive FoF	N.A.	191 Cr	26.16%	N.A.
Axis Small Cap Fund	N.A.	26,547 Cr	0.35%	19.17%
Axis Midcap Fund	N.A.	31,717 Cr	6.18%	15.88%
Axis Global Equity Alpha FoF	N.A.	1,441 Cr	24.18%	15.47%
Axis Nifty Midcap 50 Index Fund	N.A.	584 Cr	11.06%	N.A.

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 plan is approximately ₹32.26 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Axis Large & Mid Cap Fund is a 7 yrs 4 m old fund and has delivered average annual returns of 17.44% since inception.

Axis Large & Mid Cap Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.29%	18.86%	16.29%	17.44%

How much does this mutual fund charge as expense ratio?

The Axis Large & Mid Cap Fund has an expense ratio of 1.68%, 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 Large & Mid Cap Fund currently has assets under management (AUM) or fund size valued at approximately 15,616 Cr as on Dec 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.	6.08%
ICICI Bank Ltd.	4.04%
Reliance Industries Ltd.	3.77%
Bharti Airtel Ltd.	2.08%
Torrent Power Ltd.	2.01%
The Federal Bank Ltd.	2.0%
Larsen & Toubro Ltd.	1.96%
State Bank of India	1.96%
Multi Commodity Exchange Of India Ltd.	1.79%
Infosys Ltd.	1.75%

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	26.179999999999996%
Services	13.469999999999999%
Healthcare	8.54%
Capital Goods	8.160000000000002%
Technology	7.609999999999999%
Automobile	7.46%
Energy	6.789999999999999%
Construction	3.38%
Consumer Staples	3.3400000000000003%
Chemicals	2.85%

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

Redeeming your investments in the Axis Large & Mid 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 Large & MidCap

#NA

Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.