Axis Large Cap Fund
Large CapVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹58.21-1.72%1 day
- Return since launch
- 11.2%
- 52-week range
- ₹53.78 — ₹62.67
- AUM
- ₹31,376 Cr
Axis Large Cap Fund is a Large Cap equity fund from Axis Mutual Fund with ₹31,376 Cr under management, launched in 2009. Over three years it has returned 1.4% a year, against 8.7% for its category. The expense ratio is 1.77% 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 -4.0% against -4.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -5.3% | −1.9 pts | -3.4% | -7.0% |
| 2Y | -2.0% | −0.4 pts | -1.5% | -2.3% |
| 3Y | 1.4% | −7.2 pts | 8.7% | 1.6% |
| 5Y | 5.4% | −1.8 pts | 7.3% | 7.1% |
| 7Y | 7.8% | −2.6 pts | 10.3% | 10.0% |
| 10Y | 9.6% | −1.2 pts | 10.8% | 10.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.9% | −0.3 pts | -4.6% | -5.0% |
| 3M | -1.9% | +0.4 pts | -2.2% | -2.6% |
| 6M | 3.5% | 0.0 pts | 3.5% | 2.6% |
| 1Y | -4.0% | −0.6 pts | -3.4% | -4.0% |
| 2Y | -4.3% | −0.5 pts | -3.8% | -4.0% |
| 3Y | 7.7% | −1.0 pts | 8.7% | 8.5% |
| 5Y | 4.0% | −3.3 pts | 7.3% | 7.1% |
| 7Y | 9.5% | −2.5 pts | 12.0% | 11.0% |
| 10Y | 11.0% | +0.2 pts | 10.8% | 9.9% |
Since launch (11 Nov 2009): 11.2%
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
1.77%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.34%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.37%
- 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 | -0.16 | 2.62 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.91 | 1.04 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.36 | 0.53 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.43 | 0.70 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.43 | 15.51 | 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 31 Aug 2026
Asset allocation
- Equity96.0%
- Debt3.9%
- Other0.1%
Market cap split
- Large96.0%
- Mid4.0%
- P/E
- 27.35
- P/B
- 3.99
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 9.52% | ₹2,987 Cr | +9.06% | +8.73% | +8.72% |
| HDFC Bank Ltd. | Financial | 8.03% | ₹2,518 Cr | +7.22% | +8.30% | +9.37% |
| Bharti Airtel Ltd. | Communication | 4.87% | ₹1,529 Cr | +4.74% | +4.41% | +5.26% |
| Bajaj Finance Ltd. | Financial | 4.87% | ₹1,527 Cr | +3.77% | +3.91% | +4.68% |
| Mahindra & Mahindra Ltd. | Automobile | 3.99% | ₹1,252 Cr | +3.53% | +3.57% | +3.56% |
| Eternal Ltd. | Services | 3.99% | ₹1,251 Cr | +2.77% | +1.96% | +3.85% |
| Reliance Industries Ltd. | Energy | 3.47% | ₹1,089 Cr | +4.78% | +6.06% | +6.12% |
| Larsen & Toubro Ltd. | Construction | 3.40% | ₹1,066 Cr | +5.04% | +5.24% | +3.69% |
| Axis Bank Ltd. | Financial | 3.19% | ₹1,000 Cr | +3.41% | +0.80% | — |
| Titan Company Ltd. | Consumer Discretionary | 3.09% | ₹969 Cr | +2.43% | +1.94% | +2.15% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.95% | ₹926 Cr | +2.84% | +2.51% | +2.18% |
| Others | Others | 2.88% | ₹903 Cr | +11.31% | +13.81% | +2.02% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.61% | ₹818 Cr | +2.79% | +1.38% | +1.15% |
| Divi's Laboratories Ltd. | Healthcare | 2.58% | ₹810 Cr | +1.80% | +1.07% | +1.62% |
| Interglobe Aviation Ltd. | Services | 2.58% | ₹810 Cr | +1.43% | +1.77% | +2.95% |
| Kotak Mahindra Bank Ltd. | Financial | 2.57% | ₹806 Cr | +3.06% | +3.60% | +1.58% |
| Ultratech Cement Ltd. | Materials | 2.26% | ₹710 Cr | +2.98% | +2.73% | +3.13% |
| Shriram Finance Ltd | Financial | 2.13% | ₹667 Cr | +0.93% | +1.69% | — |
| State Bank of India | Financial | 2.08% | ₹653 Cr | +2.31% | +4.22% | +2.94% |
| Infosys Ltd. | Technology | 2.04% | ₹641 Cr | +3.12% | +4.04% | +4.89% |
| Pidilite Industries Ltd. | Chemicals | 1.99% | ₹624 Cr | +1.62% | +1.56% | +1.85% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.92% | ₹602 Cr | +1.30% | +1.13% | +1.24% |
| The Indian Hotels Company Ltd. | Services | 1.79% | ₹562 Cr | +0.64% | +0.92% | +1.92% |
| TVS Motor Company Ltd. | Automobile | 1.75% | ₹550 Cr | +1.09% | +0.99% | +1.20% |
| Samvardhana Motherson International Ltd. | Automobile | 1.51% | ₹475 Cr | +1.76% | +1.08% | +0.51% |
| Hyundai Motor India Ltd. | Automobile | 1.46% | ₹460 Cr | +0.73% | +0.55% | +1.18% |
| Tech Mahindra Ltd. | Technology | 1.33% | ₹417 Cr | +1.20% | +0.95% | +1.45% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.26% | ₹397 Cr | +1.03% | +1.29% | +1.02% |
| Axis Money Market Fund Direct-Growth | Unclassified | 1.16% | ₹363 Cr | +1.18% | +1.08% | — |
| United Spirits Ltd. | Consumer Staples | 1.03% | ₹323 Cr | +0.79% | — | — |
| Cipla Ltd. | Healthcare | 1.02% | ₹319 Cr | +0.69% | — | +0.79% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 1.01% | ₹318 Cr | +1.16% | +1.18% | +0.90% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.97% | ₹304 Cr | +1.11% | +0.82% | +0.76% |
| Trent Ltd. | Services | 0.96% | ₹300 Cr | +0.97% | +0.59% | +1.03% |
| Britannia Industries Ltd. | Consumer Staples | 0.95% | ₹297 Cr | +0.98% | +0.50% | — |
| HCL Technologies Ltd. | Technology | 0.92% | ₹289 Cr | — | — | +0.44% |
| Tata Consultancy Services Ltd. | Technology | 0.90% | ₹282 Cr | +0.90% | +0.83% | +1.17% |
| Solar Industries India Ltd. | Chemicals | 0.82% | ₹259 Cr | +1.07% | +0.56% | +0.42% |
| Max Healthcare Institute Ltd. | Healthcare | 0.76% | ₹238 Cr | +0.48% | — | +0.32% |
| Grasim Industries Ltd. | Materials | 0.55% | ₹171 Cr | +0.51% | — | — |
| Cummins India Ltd. | Capital Goods | 0.52% | ₹164 Cr | +0.61% | +0.60% | +0.65% |
| Bharat Electronics Ltd. | Capital Goods | 0.52% | ₹163 Cr | +1.14% | +1.64% | +1.40% |
| Varun Beverages Ltd. | Consumer Staples | 0.47% | ₹146 Cr | +1.01% | +0.40% | +0.39% |
| Avenue Supermarts Ltd. | Services | 0.44% | ₹139 Cr | +0.56% | +0.45% | +1.95% |
| LG Electronics India Ltd. | Consumer Discretionary | 0.29% | ₹90.81 Cr | +0.27% | +0.50% | — |
| Tata Motors Ltd. | Automobile | 0.28% | ₹89.25 Cr | — | +1.40% | — |
| Maruti Suzuki India Ltd. | Automobile | 0.17% | ₹52.77 Cr | — | +0.77% | +0.83% |
| SBI Funds Management Ltd. | Financial | 0.16% | ₹50.30 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Tech Mahindra Ltd. | 0.42% | 1.33% | +0.91% |
| Tata Consultancy Services Ltd. | 0.17% | 0.90% | +0.72% |
| Bajaj Finance Ltd. | 5.55% | 4.87% | -0.69% |
| State Bank of India | 1.54% | 2.08% | +0.55% |
| Others | 3.17% | 2.66% | -0.50% |
| Sun Pharmaceutical Industries Ltd. | 3.09% | 2.61% | -0.49% |
| Trent Ltd. | 1.41% | 0.96% | -0.45% |
| Divi's Laboratories Ltd. | 2.18% | 2.58% | +0.40% |
| HDFC Bank Ltd. | 8.40% | 8.03% | -0.37% |
| Eternal Ltd. | 3.64% | 3.99% | +0.34% |
| Shriram Finance Ltd | 1.81% | 2.13% | +0.32% |
| Max Healthcare Institute Ltd. | 1.03% | 0.76% | -0.27% |
| Reliance Industries Ltd. | 3.73% | 3.47% | -0.25% |
| Ultratech Cement Ltd. | 2.50% | 2.26% | -0.24% |
| Bharat Electronics Ltd. | 0.75% | 0.52% | -0.23% |
| Axis Bank Ltd. | 2.97% | 3.19% | +0.22% |
| Hyundai Motor India Ltd. | 1.25% | 1.46% | +0.22% |
| ICICI Bank Ltd. | 9.64% | 9.52% | -0.12% |
| Tata Motors Ltd. | 0.18% | 0.28% | +0.11% |
| Pidilite Industries Ltd. | 1.89% | 1.99% | +0.11% |
| TVS Motor Company Ltd. | 1.83% | 1.75% | -0.08% |
| Cummins India Ltd. | 0.45% | 0.52% | +0.07% |
| CG Power and Industrial Solutions Ltd. | 0.95% | 1.01% | +0.07% |
| Titan Company Ltd. | 3.04% | 3.09% | +0.05% |
| Interglobe Aviation Ltd. | 2.53% | 2.58% | +0.05% |
| Grasim Industries Ltd. | 0.50% | 0.55% | +0.05% |
| Varun Beverages Ltd. | 0.51% | 0.47% | -0.04% |
| Cipla Ltd. | 1.05% | 1.02% | -0.04% |
| LG Electronics India Ltd. | 0.25% | 0.29% | +0.04% |
| Tata Consumer Products Ltd. | 1.00% | 0.97% | -0.03% |
| Samvardhana Motherson International Ltd. | 1.48% | 1.51% | +0.03% |
| Bharti Airtel Ltd. | 4.85% | 4.87% | +0.03% |
| The Indian Hotels Company Ltd. | 1.77% | 1.79% | +0.03% |
| Cholamandalam Investment and Finance Company Ltd. | 1.90% | 1.92% | +0.02% |
| Infosys Ltd. | 2.02% | 2.04% | +0.02% |
| Britannia Industries Ltd. | 0.97% | 0.95% | -0.02% |
| Solar Industries India Ltd. | 0.84% | 0.82% | -0.02% |
| Kotak Mahindra Bank Ltd. | 2.55% | 2.57% | +0.02% |
| Larsen & Toubro Ltd. | 3.38% | 3.40% | +0.02% |
| HCL Technologies Ltd. | 0.94% | 0.92% | -0.02% |
| Axis Money Market Fund Direct-Growth | 1.14% | 1.16% | +0.02% |
| United Spirits Ltd. | 1.04% | 1.03% | -0.01% |
| Maruti Suzuki India Ltd. | 0.17% | 0.17% | -0.01% |
| Mahindra & Mahindra Ltd. | 3.99% | 3.99% | -0.01% |
| Apollo Hospitals Enterprise Ltd. | 2.95% | 2.95% | 0.00% |
| Torrent Pharmaceuticals Ltd. | 1.27% | 1.26% | 0.00% |
| SBI Funds Management Ltd. | 0.16% | 0.16% | 0.00% |
| Avenue Supermarts Ltd. | 0.44% | 0.44% | 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 | ₹1,872 Cr | 2.51% | -0.5% | 4.7% | 9.6% |
 Quant Large Cap Fund | ₹3,651 Cr | 2.93% | 4.4% | 5.2% | — |
 Bandhan Large Cap Fund | ₹2,180 Cr | 2.19% | -3.7% | 4.0% | 9.1% |
 Invesco India Large Cap Fund | ₹2,021 Cr | 2.19% | 1.5% | 5.9% | 10.4% |
 WhiteOak Capital Large Cap Fund | ₹1,276 Cr | 2.48% | -5.5% | 3.5% | — |
 Bank of India Large Cap Fund | ₹231 Cr | 2.75% | 0.6% | 4.6% | 9.4% |
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
- 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 months3.47% absolute | ₹60,000 | ₹62,082 | 3.47% | |
| 1 year−4.04% annualised | ₹1,20,000 | ₹1,17,406 | −2.16% | |
| 3 years7.67% annualised | ₹3,60,000 | ₹4,05,923 | 12.76% | |
| 5 years4.00% annualised | ₹6,00,000 | ₹6,65,200 | 10.87% |
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 ₹58.21 as on 24 Sep 2026.
What is the expense ratio of Axis Large Cap Fund?
The expense ratio of Axis Large Cap Fund is 1.77% 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 -5.3% over 1 year, 1.4% over 3 years and 5.4% 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 ₹3,77,445 Cr under management.