Axis Large Cap Fund
Large CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹63.07+0.49%1 day
- Return since launch
- 11.5%
- 52-week range
- ₹53.78 — ₹62.76
- AUM
- ₹29,675 Cr
Axis Large Cap Fund is a Large Cap equity fund from Axis Mutual Fund with ₹29,675 Cr under management, launched in 2009. Over three years it has returned 6.1% a year, against 11.0% for its category. The expense ratio is 1.75% and the SEBI riskometer reading is Very High.
Performance
Axis Large Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +2.2% against -0.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 11.8% | +11.0 pts | 0.7% | 6.5% |
| 2Y | 6.4% | +1.5 pts | 5.0% | 4.3% |
| 3Y | 6.1% | −4.9 pts | 11.0% | 5.0% |
| 5Y | 8.2% | +0.1 pts | 8.1% | 9.0% |
| 7Y | 9.4% | −2.1 pts | 11.5% | 11.1% |
| 10Y | 10.7% | −1.0 pts | 11.7% | 10.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 11.5% | +1.8 pts | 9.7% | 9.7% |
| 3M | 2.5% | +1.4 pts | 1.1% | 0.7% |
| 6M | 9.9% | +3.7 pts | 6.2% | 5.8% |
| 1Y | 2.5% | +1.7 pts | 0.7% | 0.1% |
| 2Y | 4.0% | +1.2 pts | 2.8% | 2.6% |
| 3Y | 10.7% | −0.3 pts | 11.0% | 11.0% |
| 5Y | 5.6% | −2.6 pts | 8.1% | 8.0% |
| 7Y | 10.4% | −2.0 pts | 12.4% | 11.4% |
| 10Y | 12.3% | +0.6 pts | 11.7% | 10.8% |
Since launch (11 Nov 2009): 11.5%
Calendar-year returns
Category average19.7%
20.6%
-5.7%
17.4%
13.6%
6.3%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.3% | −2.2 pts | 8.5% |
| 2024 | 13.6% | −2.7 pts | 16.3% |
| 2023 | 17.4% | −7.8 pts | 25.3% |
| 2022 | -5.7% | −8.8 pts | 3.2% |
| 2021 | 20.6% | −6.6 pts | 27.2% |
| 2020 | 19.7% | +4.8 pts | 15.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.73%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.33%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.35%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 100 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -0.28 | 2.41 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.92 | 1.00 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.26 | 0.43 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.31 | 0.57 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.97 | 15.29 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Axis Large Cap Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity94.1%
- Debt5.4%
- Other0.5%
Market cap split
- Large96.0%
- Mid4.0%
- P/E
- 25.89
- P/B
- 3.76
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 9.29% | ₹2,715 Cr | +9.63% | +8.84% | +8.40% |
| HDFC Bank Ltd. | Financial | 8.25% | ₹2,411 Cr | +7.86% | +7.71% | +9.36% |
| Bharti Airtel Ltd. | Communication | 5.07% | ₹1,483 Cr | +4.66% | +4.73% | +5.23% |
| Bajaj Finance Ltd. | Financial | 4.94% | ₹1,444 Cr | +4.71% | +3.43% | +5.39% |
| Others | Others | 4.66% | ₹1,363 Cr | +3.80% | +18.17% | +7.06% |
| Eternal Ltd. | Services | 4.27% | ₹1,248 Cr | +3.44% | +2.65% | +3.94% |
| Mahindra & Mahindra Ltd. | Automobile | 3.85% | ₹1,125 Cr | +3.45% | +3.51% | +3.38% |
| Larsen & Toubro Ltd. | Construction | 3.26% | ₹953 Cr | +4.98% | +4.37% | +4.07% |
| Reliance Industries Ltd. | Energy | 3.25% | ₹951 Cr | +3.77% | +5.08% | +6.15% |
| Axis Bank Ltd. | Financial | 3.23% | ₹943 Cr | +3.76% | +1.34% | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.91% | ₹850 Cr | +2.92% | +2.69% | +2.22% |
| Titan Company Ltd. | Consumer Discretionary | 2.88% | ₹843 Cr | +2.81% | +2.28% | +1.30% |
| Kotak Mahindra Bank Ltd. | Financial | 2.74% | ₹802 Cr | +3.03% | +3.47% | +1.68% |
| Divi's Laboratories Ltd. | Healthcare | 2.72% | ₹795 Cr | +1.82% | +1.15% | +1.50% |
| Interglobe Aviation Ltd. | Services | 2.64% | ₹771 Cr | +2.69% | +1.46% | +3.02% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.56% | ₹748 Cr | +2.96% | +2.26% | +1.02% |
| Ultratech Cement Ltd. | Materials | 2.18% | ₹636 Cr | +2.42% | +2.85% | +3.02% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.99% | ₹582 Cr | +1.88% | +1.00% | +1.49% |
| The Indian Hotels Company Ltd. | Services | 1.93% | ₹564 Cr | +1.65% | +0.83% | +1.90% |
| Shriram Finance Ltd | Financial | 1.86% | ₹545 Cr | +1.64% | +0.93% | — |
| Pidilite Industries Ltd. | Chemicals | 1.85% | ₹542 Cr | +1.88% | +1.27% | +1.78% |
| TVS Motor Company Ltd. | Automobile | 1.78% | ₹520 Cr | +1.32% | +0.96% | +1.58% |
| Infosys Ltd. | Technology | 1.57% | ₹460 Cr | +2.31% | +4.81% | +5.06% |
| State Bank of India | Financial | 1.52% | ₹444 Cr | +1.87% | +4.16% | +3.38% |
| Samvardhana Motherson International Ltd. | Automobile | 1.52% | ₹444 Cr | +1.73% | +1.15% | +0.42% |
| Hyundai Motor India Ltd. | Automobile | 1.45% | ₹423 Cr | +0.94% | +0.52% | +1.29% |
| Tech Mahindra Ltd. | Technology | 1.34% | ₹391 Cr | +0.78% | +1.41% | +0.98% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.29% | ₹376 Cr | +1.05% | +1.42% | +1.04% |
| Axis Money Market Fund Direct-Growth | Unclassified | 1.25% | ₹365 Cr | +1.16% | +1.23% | — |
| Solar Industries India Ltd. | Chemicals | 1.07% | ₹312 Cr | +1.07% | +0.57% | +0.40% |
| Cipla Ltd. | Healthcare | 1.04% | ₹304 Cr | +1.07% | — | +0.50% |
| United Spirits Ltd. | Consumer Staples | 1.02% | ₹297 Cr | +0.95% | — | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.97% | ₹283 Cr | +1.07% | +1.01% | +0.98% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.95% | ₹278 Cr | +1.02% | +1.00% | +0.86% |
| HCL Technologies Ltd. | Technology | 0.93% | ₹270 Cr | — | — | +0.26% |
| Tata Consultancy Services Ltd. | Technology | 0.82% | ₹241 Cr | +0.53% | +0.66% | +0.47% |
| Britannia Industries Ltd. | Consumer Staples | 0.76% | ₹221 Cr | +0.94% | +0.92% | — |
| Trent Ltd. | Services | 0.71% | ₹207 Cr | +1.57% | +0.53% | +0.64% |
| Grasim Industries Ltd. | Materials | 0.53% | ₹156 Cr | +0.51% | — | — |
| Cummins India Ltd. | Capital Goods | 0.52% | ₹153 Cr | +0.48% | +0.49% | +0.97% |
| Bharat Electronics Ltd. | Capital Goods | 0.52% | ₹153 Cr | +1.11% | +1.08% | +1.99% |
| Avenue Supermarts Ltd. | Services | 0.46% | ₹136 Cr | +0.62% | +0.53% | +1.84% |
| Varun Beverages Ltd. | Consumer Staples | 0.43% | ₹125 Cr | +0.94% | +0.38% | +0.24% |
| LG Electronics India Ltd. | Consumer Discretionary | 0.32% | ₹92.19 Cr | +0.27% | +0.52% | — |
| Max Healthcare Institute Ltd. | Healthcare | 0.24% | ₹71.02 Cr | +1.08% | — | — |
| National Stock Exchange | Financial | 0.22% | ₹64.32 Cr | — | — | — |
| Maruti Suzuki India Ltd. | Automobile | 0.16% | ₹46.61 Cr | — | — | +1.08% |
| SBI Funds Management Ltd. | Financial | 0.15% | ₹44.95 Cr | — | — | — |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.13% | ₹37.96 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 2.66% | 4.10% | +1.44% |
| State Bank of India | 2.08% | 1.52% | -0.56% |
| Max Healthcare Institute Ltd. | 0.76% | 0.24% | -0.51% |
| Infosys Ltd. | 2.04% | 1.57% | -0.47% |
| Tata Motors Ltd. | 0.28% | 0.00% | -0.28% |
| Eternal Ltd. | 3.99% | 4.27% | +0.28% |
| Shriram Finance Ltd | 2.13% | 1.86% | -0.26% |
| Trent Ltd. | 0.96% | 0.71% | -0.25% |
| Solar Industries India Ltd. | 0.82% | 1.07% | +0.24% |
| ICICI Bank Ltd. | 9.52% | 9.29% | -0.23% |
| HDFC Bank Ltd. | 8.03% | 8.25% | +0.22% |
| National Stock Exchange | 0.00% | 0.22% | +0.22% |
| Reliance Industries Ltd. | 3.47% | 3.25% | -0.22% |
| Titan Company Ltd. | 3.09% | 2.88% | -0.20% |
| Bharti Airtel Ltd. | 4.87% | 5.07% | +0.20% |
| Britannia Industries Ltd. | 0.95% | 0.76% | -0.19% |
| Kotak Mahindra Bank Ltd. | 2.57% | 2.74% | +0.17% |
| Mahindra & Mahindra Ltd. | 3.99% | 3.85% | -0.14% |
| Divi's Laboratories Ltd. | 2.58% | 2.72% | +0.14% |
| Larsen & Toubro Ltd. | 3.40% | 3.26% | -0.14% |
| The Indian Hotels Company Ltd. | 1.79% | 1.93% | +0.14% |
| Pidilite Industries Ltd. | 1.99% | 1.85% | -0.14% |
| Dr. Reddy's Laboratories Ltd. | 0.00% | 0.13% | +0.13% |
| Axis Money Market Fund Direct-Growth | 1.16% | 1.25% | +0.09% |
| Ultratech Cement Ltd. | 2.26% | 2.18% | -0.09% |
| Tata Consultancy Services Ltd. | 0.90% | 0.82% | -0.07% |
| Cholamandalam Investment and Finance Company Ltd. | 1.92% | 1.99% | +0.07% |
| Bajaj Finance Ltd. | 4.87% | 4.94% | +0.07% |
| Interglobe Aviation Ltd. | 2.58% | 2.64% | +0.06% |
| Sun Pharmaceutical Industries Ltd. | 2.61% | 2.56% | -0.05% |
| CG Power and Industrial Solutions Ltd. | 1.01% | 0.97% | -0.04% |
| Apollo Hospitals Enterprise Ltd. | 2.95% | 2.91% | -0.04% |
| Varun Beverages Ltd. | 0.47% | 0.43% | -0.04% |
| Axis Bank Ltd. | 3.19% | 3.23% | +0.04% |
| TVS Motor Company Ltd. | 1.75% | 1.78% | +0.03% |
| LG Electronics India Ltd. | 0.29% | 0.32% | +0.03% |
| Cipla Ltd. | 1.02% | 1.04% | +0.03% |
| Torrent Pharmaceuticals Ltd. | 1.26% | 1.29% | +0.02% |
| Avenue Supermarts Ltd. | 0.44% | 0.46% | +0.02% |
| Tata Consumer Products Ltd. | 0.97% | 0.95% | -0.02% |
| Hyundai Motor India Ltd. | 1.46% | 1.45% | -0.02% |
| Grasim Industries Ltd. | 0.55% | 0.53% | -0.01% |
| United Spirits Ltd. | 1.03% | 1.02% | -0.01% |
| Maruti Suzuki India Ltd. | 0.17% | 0.16% | -0.01% |
| SBI Funds Management Ltd. | 0.16% | 0.15% | -0.01% |
| Tech Mahindra Ltd. | 1.33% | 1.34% | +0.01% |
| Samvardhana Motherson International Ltd. | 1.51% | 1.52% | +0.01% |
| HCL Technologies Ltd. | 0.92% | 0.93% | +0.01% |
| Bharat Electronics Ltd. | 0.52% | 0.52% | 0.00% |
| Cummins India Ltd. | 0.52% | 0.52% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,138 Cr | 2.31% | 10.1% | 7.1% | 11.3% |
 DSP Large Cap Fund | ₹6,642 Cr | 2.02% | 6.5% | 5.3% | 10.3% |
 Quant Large Cap Fund | ₹3,669 Cr | 2.75% | 11.5% | 6.5% | — |
 Bandhan Large Cap Fund | ₹2,098 Cr | 2.20% | 10.6% | 7.7% | 11.2% |
 Invesco India Large Cap Fund | ₹1,995 Cr | 2.14% | 14.1% | 9.0% | 12.2% |
 WhiteOak Capital Large Cap Fund | ₹1,287 Cr | 2.45% | 8.0% | 6.9% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to generate long term capital growth by investing in a diversified portfolio predominantly consisting of equity & equity related instruments of large cap companies.
Fund managers
- Jayesh SundarMr. Sundar is a Chartered AccountantPrior to joining Axis MF, he has worked with Aviva Life Insurance Company, Tata Securities Ltd., Collins Stewart India Pvt. Ltd., IL&FS Investsmart and CRISIL
- Pratik TibrewalMr. Tibrewal is a B.Com, LLB (Gen) and MBA (Finance).Prior to joining Axis Mutual Fund, he has worked with Inditrade Capital Ltd., Edelweiss Mutual Fund and Edelweiss Commodities trading Ltd..
- Shreyash DevalkarMr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai UniversityPrior 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.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months9.95% absolute | ₹60,000 | ₹65,970 | 9.95% | |
| 1 year2.45% annualised | ₹1,20,000 | ₹1,21,604 | 1.34% | |
| 3 years10.73% annualised | ₹3,60,000 | ₹4,26,265 | 18.41% | |
| 5 years5.56% annualised | ₹6,00,000 | ₹6,93,064 | 15.51% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Axis Large Cap Fund?
The NAV of Axis Large Cap Fund is ₹63.07 as on 9 Nov 2026.
What is the expense ratio of Axis Large Cap Fund?
The expense ratio of Axis Large Cap Fund is 1.75% per year.
What is the minimum SIP amount for Axis Large Cap Fund?
You can start a SIP in Axis Large Cap Fund with ₹3,000 a month.
What returns has Axis Large Cap Fund given?
Axis Large Cap Fund has returned 11.8% over 1 year, 6.1% over 3 years and 8.2% over 5 years (annualised).
Is there a lock-in or exit load on Axis Large Cap Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months..
How risky is Axis Large Cap Fund?
Axis Large Cap Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap category.
Which fund house manages Axis Large Cap Fund?
Axis Large Cap Fund is managed by Axis Mutual Fund, which runs 74 schemes with ₹3,91,554 Cr under management.