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 |
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| NAV | ₹32.59 (as of 2026-10-22) |
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| AUM | ₹16,438 Cr |
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| Expense ratio | 1.43% |
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| Riskometer | Very High |
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| Fund manager | Mayank Hyanki |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 10.08% |
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| Sharpe ratio | 0.53 |
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| Standard deviation | 14.69% |
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| Max drawdown | −32.02% |
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| Alpha | 4.3 |
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| Beta | 0.91 |
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Over 5 years, captured 94.4% of NIFTY LargeMidcap 250's upside and 96.6% of its downside.
Market cap allocation
| Large cap | 51.1% |
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| Mid cap | 39.1% |
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| Small cap | 9.8% |
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Concentration
| Top 5 holdings | 15.7% |
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| Top 10 holdings | 26.1% |
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| Total holdings | 103 |
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| Index overlap | 44.9% |
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| Active share | 55.1% |
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Top holdings
- ICICI Bank Ltd. — 4.4%
- HDFC Bank Ltd. — 3.4%
- Divis Laboratories Ltd. — 2.8%
- Eternal Limited — 2.7%
- Clearing Corporation of India Ltd — 2.5%
- Sona BLW Precision Forgings Limited — 2.4%
- Bharti Airtel Ltd. — 2.3%
- Reliance Industries Ltd — 2.2%
- AXIS Bank Ltd. — 2.0%
- Multi Commodity Exchange of India Ltd — 2.0%
Top sectors
- Banking & Financial — 19.5%
- Automobile — 11.0%
- Electricals — 8.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −2.2% | 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 |