Axis Large & Mid Cap Fund
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.
Growthvine rating: 3/5 — ranked #11 of 41 in category.
Fund basics
| Category | Equity: Large & Mid Cap |
|---|
| NAV | ₹33.34 (as of 2026-10-01) |
|---|
| AUM | ₹16,802 Cr |
|---|
| Expense ratio | 1.43% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Hitesh Das |
|---|
| Exit load | 0 |
|---|
Performance & risk
| 5-year annualised return | 10.08% |
|---|
| Sharpe ratio | 0.7 |
|---|
| Standard deviation | 14.15% |
|---|
| Max drawdown | −32.02% |
|---|
| Alpha | 4.05 |
|---|
| Beta | 0.9 |
|---|
Over 5 years, captured 94.4% of NIFTY LargeMidcap 250's upside and 96.6% of its downside.
Market cap allocation
| Large cap | 51.4% |
|---|
| Mid cap | 39.8% |
|---|
| Small cap | 8.8% |
|---|
Concentration
| Top 5 holdings | 15.6% |
|---|
| Top 10 holdings | 25.7% |
|---|
| Total holdings | 104 |
|---|
| Index overlap | 44.6% |
|---|
| Active share | 55.4% |
|---|
Top holdings
- ICICI Bank Ltd. — 4.6%
- HDFC Bank Ltd. — 3.2%
- Divis Laboratories Ltd. — 2.7%
- Clearing Corporation of India Ltd — 2.6%
- Eternal Limited — 2.6%
- Sona BLW Precision Forgings Limited — 2.5%
- Bharti Airtel Ltd. — 2.2%
- Shriram Finance Limited — 2.0%
- Multi Commodity Exchange of India Ltd — 2.0%
- AXIS Bank Ltd. — 2.0%
Top sectors
- Banking & Financial — 20.0%
- Automobile — 11.3%
- Electricals — 7.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 0.0% | Q1 (Top) | #5 of 38 |
| 2025 | 4.1% | Q3 | #21 of 34 |
| 2024 | 25.5% | Q2 | #10 of 29 |
| 2023 | 31.0% | Q2 | #10 of 28 |
| 2022 | −8.9% | Q4 (Bottom) | #27 of 28 |