Axis Large & Mid Cap Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 79% of historical 3-year rolling periods.
- Generated +2.9% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 1.84% is lower than category median (2.32%).
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +5.78% | +7.09% | -1.31% |
| 3 Months | +0.45% | +0.32% | +0.13% |
| 6 Months | +7.28% | +5.55% | +1.73% |
| 1 Year | +6.12% | +3.04% | +3.08% |
| 3 Years CAGR | +14.59% | +13.28% | +1.31% |
| 5 Years CAGR | +10.50% | +10.62% | -0.12% |
| 7 Years CAGR | +17.10% | +15.98% | +1.12% |
| Since Inception | +17.06% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Axis Large & Mid Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +6.57% | +2.62% | +3.95% |
| 2025 | +4.12% | +4.13% | -0.01% |
| 2024 | +25.52% | +24.32% | +1.20% |
| 2023 | +30.95% | +29.34% | +1.61% |
| 2022 | -8.89% | +0.28% | -9.17% |
| 2021 | +44.56% | +38.27% | +6.29% |
| 2020 | +24.70% | +15.49% | +9.21% |
| 2019 | +16.39% | +10.50% | +5.89% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -17.70% | +19.39% | +13.72% | +86.40% | 83.9% | 68.6% |
| 3-Year Rolling | +10.09% | +19.58% | +19.20% | +29.47% | 100.0% | 78.7% |
| 5-Year Rolling | +8.78% | +19.48% | +20.75% | +28.26% | 100.0% | 98.5% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2020-02-13 | 2020-03-23 | -32.0% | 1 months | 5 months |
| 2021-10-18 | 2022-06-20 | -22.0% | 8 months | 12 months |
| 2024-09-24 | 2025-04-07 | -17.7% | 6 months | 14 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity Related Instruments of Large Cap Stocks - (35%-65%),Equity & Equity Related Instruments of Mid Cap Stocks - (35%-65%),Other Equity and Equity related instruments - (0%-30%),Debt and Money Market Instruments - (0%-30%),Units issued by InvITs -(0%-10%) | Per Scheme Mandate |
Investment Objective & Strategy
To generate long term capital appreciation by investing in a diversified portfolio of Equity & Equity Related Instruments both in India as well as overseas. However, there can be no assurance that the investment objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 17,337 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Large & Mid Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Large & Mid Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| UTI Large & Mid Cap Fund | 6.3 | +14.77% | 1.96% | 95.3% | Rs 6,682 cr | Compare → |
| DSP Large & Mid Cap Fund | 5.9 | +13.57% | 1.84% | 96.8% | Rs 23,711 cr | Compare → |
| HSBC Large & Mid Cap Fund | 6.6 | +17.21% | 2.39% | 98.5% | Rs 6,258 cr | Compare → |
| Baroda BNP Paribas Large and Mid Cap Fund | 5.7 | +13.77% | 2.31% | 104.7% | Rs 1,891 cr | Compare → |
| Bandhan Large & Mid Cap Fund | 6.5 | +16.72% | 2.25% | 94.7% | Rs 22,598 cr | Compare → |
Frequently Asked Questions about Axis Large & Mid Cap Fund
What is the expense ratio of Axis Large & Mid Cap Fund?
Axis Large & Mid Cap Fund has a total expense ratio (TER) of 1.84% with a base expense ratio of 1.43%, compared to the Large & Mid Cap category median of 2.32%.
Who manages Axis Large & Mid Cap Fund?
Axis Large & Mid Cap Fund is managed by Shreyash Devalkar (tenure: 3.3 years since 2023-08-04).
What are the historical returns of Axis Large & Mid Cap Fund?
Axis Large & Mid Cap Fund delivered a 3-year CAGR of 14.59% and a 5-year CAGR of 10.5%. Its 1-year return stands at +6.12%.
How large is Axis Large & Mid Cap Fund?
Axis Large & Mid Cap Fund manages assets of Rs 17,337 cr, placing it in the 'comfortable' size band relative to Large & Mid Cap peers.
How is Axis Large & Mid Cap Fund scored on MFIQ?
Axis Large & Mid Cap Fund holds an MFIQ Score of 6.9/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Axis Large & Mid Cap Fund?
Axis Large & Mid Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 13.58% with a maximum historical drawdown of -32.02%.