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 old fund and has delivered average annual returns of 18.78% since inception. Axis Large & Mid Cap Fund Returns 1-Year 3-Year 5-Year Since Inception 5.56% 19.08% 21.69% 18.78%

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

The Axis Large & Mid Cap Fund has an expense ratio of 1.69% , 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.

Previously called: Axis Growth Opportunities Reg-G

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹33.53+0.24% 1 day change	18.78% p.a.	App exclusive #NA View Ranked Funds	₹14,906 Cr

Historical NAV & returns

NAV: ₹33.53 as on Oct 20, 2025

This fund Category average

Axis Large & Mid Cap Fund overview

AUM (Fund size)	₹14,906 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 since Oct 01, 2018
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹1
Expense ratio	1.69% as on Sep 30, 2025
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 Oct 26, 2025

Period	This fund	Category average
1 Month	3.5%	4.18%
3 Months	3.85%	3.62%
6 Months	9.46%	8.97%
1 Year	5.56%	5.42%
2 Years	21.97%	22.32%
3 Years	19.08%	18.71%
4 Years	12.25%	13.54%
5 Years	21.69%	22.54%
7 Years	18.8%	17.92%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 57.95%

Mid Cap 36.03%

Small Cap 3.98%

Other Cap 0%

Top holdings

HDFC Bank Ltd.6.36%

ICICI Bank Ltd.4.3%

Reliance Industries Ltd.3.31%

Bharti Airtel Ltd.2.45%

Top sectors

Financial 22.17%

Services 13.879999999999999%

Capital Goods 12.06%

Healthcare 9.84%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 2.04%

Reserve Bank of India 0.33%

Allocation by Instruments

Foreign - Equity 4.585091429999999%

CBLO 2.04216177%

Foreign Mutual Funds 1.2379983399999999%

ADS/ADR 0.8408629999999999%

Other Holdings

Axis Nifty 50 ETF-Growth 0.78%

iShares NASDAQ 100 UCITS ETF USD 0.66%

iShares Core S&P 500 UCITS ETF USD 0.58%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Large & Mid Cap Fund	3.5%	9.46%	5.56%	19.08%	21.69%	N.A.
ICICI Prudential Large & Mid Cap Fund	4.44%	9.18%	10.26%	21.79%	27.84%	16.21%
Bandhan Large & Mid Cap Fund	4.24%	10.47%	7.8%	23.95%	25.7%	16.3%
HDFC Large and Mid Cap Fund	4.45%	8.98%	5.98%	20.91%	26.59%	14.76%
Motilal Oswal Large and Midcap Fund	3.64%	16.85%	8.21%	27.87%	28.46%	13.1%
Kotak Large & Midcap Fund	4.26%	10.19%	5.61%	19.25%	22.34%	15.54%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Large & Mid Cap Fund	12.26	0.83	0.88	1.23
ICICI Prudential Large & Mid Cap Fund	11.75	0.87	1.2	1.75
Bandhan Large & Mid Cap Fund	13.37	0.98	1.21	1.68
HDFC Large and Mid Cap Fund	13.88	1.05	0.97	1.41
Motilal Oswal Large and Midcap Fund	18.33	1.13	1.1	1.19
Kotak Large & Midcap Fund	12.82	0.93	0.95	1.27

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Large & Mid Cap Fund	N.A.	14,906 Cr	7 yrs	1.69%
ICICI Prudential Large & Mid Cap Fund	N.A.	24,424 Cr	27 yrs 4 m	1.65%
Bandhan Large & Mid Cap Fund	N.A.	10,818 Cr	20 yrs 3 m	1.72%
HDFC Large and Mid Cap Fund	N.A.	26,949 Cr	31 yrs 9 m	1.64%
Motilal Oswal Large and Midcap Fund	N.A.	13,778 Cr	6 yrs	1.67%
Kotak Large & Midcap Fund	N.A.	28,381 Cr	21 yrs 2 m	1.57%

View all Large & Midcap funds

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

Alpha	3.19 vs. 5.21 Underperformed at beating benchmark
Sharpe	0.88 vs. 6.07 Poor risk-adjusted returns
Beta	0.83 vs. 0.89 Less sensitive to market ups & downs
Standard deviation	12.26 vs. 10.84 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, having been launched on 01/10/2018. Axis Large & Mid Cap Fund has ₹14,906 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Large & Mid Cap Fund as of 20/10/2025 is ₹33.53. The fund has an expense ratio of 1.69%, which is higher than what most other Large & Midcap funds charge.

Axis Large & Mid Cap Fund returns of last 1-year are 1.63%. Since launch, it has delivered 18.87% 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 average.
The fund has the majority of its money invested in Financial, Services, Capital Goods, Healthcare, 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., Reliance Industries Ltd., Bharti Airtel Ltd., GE Vernova T&D India Ltd.

...

Fund AUM	14,906 Cr as on Sep 30, 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	3,54,362 Cr as on Sep 30, 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.	25,975 Cr	4.48%	25.96%
Axis Midcap Fund	N.A.	31,147 Cr	5.24%	22.12%
Axis US Specific Equity Passive FoF	N.A.	188 Cr	27.3%	N.A.
Axis Nifty 100 Index Fund	N.A.	1,928 Cr	5.54%	17.55%
Axis Flexi Cap Fund	N.A.	12,934 Cr	6.25%	16.94%

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 ₹33.53 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Axis Large & Mid Cap Fund is a 7 yrs old fund and has delivered average annual returns of 18.78% since inception.

Axis Large & Mid Cap Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.56%	19.08%	21.69%	18.78%

How much does this mutual fund charge as expense ratio?

The Axis Large & Mid Cap Fund has an expense ratio of 1.69%, 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 14,906 Cr as on Sep 30, 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.	6.36%
ICICI Bank Ltd.	4.3%
Reliance Industries Ltd.	3.31%
Bharti Airtel Ltd.	2.45%
GE Vernova T&D India Ltd	2.36%
Bajaj Finance Ltd.	2.3%
Torrent Power Ltd.	2.24%
Fortis Healthcare Ltd.	2.23%
Eternal Ltd.	2.05%
Infosys Ltd.	1.82%

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	22.17%
Services	13.879999999999999%
Capital Goods	12.06%
Healthcare	9.84%
Energy	7.020000000000001%
Technology	6.83%
Automobile	6.5200000000000005%
Chemicals	4.13%
Construction	3.29%
Consumer Staples	3.25%

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.