Axis Large & Mid Cap Fund
Current NAV
₹36.99
1Y Return
+3.2%
3Y Return
+14.8%
5Y Return
+14%
AUM
₹15,759 Cr
Category
Large & Mid Cap
Top Holdings
Top stocks held by this fund as of May 2026 (Source: AMC monthly disclosure)
ICICI Bank Limited
Banks
HDFC Bank Limited
Banks
Shriram Finance Limited
Finance
GE Vernova T&D India Limited
Electrical Equipment
BSE Limited
Capital Markets
Larsen & Toubro Limited
Construction
Reliance Industries Limited
Petroleum Products
Bharat Heavy Electricals Limited
Electrical Equipment
Multi Commodity Exchange of India Limited
Capital Markets
Sona BLW Precision Forgings Limited
Auto Components
Apar Industries Limited
Electrical Equipment
The Federal Bank Limited
Banks
Bharti Airtel Limited
Telecom - Services
Axis Bank Limited
Banks
Eternal Limited
Retailing
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
Mahindra & Mahindra Limited
Automobiles
Indus Towers Limited
Telecom - Services
Taiwan Semiconductor Sp ADR
Semiconductors
Fortis Healthcare Limited
Healthcare Services
📋 All returns shown are for Direct-Growth plan. Data from AMC monthly portfolio disclosure.
SIP in Axis Large & Mid Cap Fund
If you had invested ₹10,000/month via SIP:
1 Year SIP
₹121,920
Invested: ₹1,20,000
3 Year SIP
₹413,280
Invested: ₹3,60,000
5 Year SIP
₹768,000
Invested: ₹6,00,000
Invest in Axis Large & Mid Cap Fund
Start SIP from ₹500/month on these platforms
More Large & Mid Cap Funds
About Large & Mid Cap Funds
Large & Mid Cap mutual funds are a category defined by SEBI (Securities and Exchange Board of India) under their mutual fund categorization framework. These funds invest primarily in equities that match the large & mid cap profile, with specific allocation mandates that fund managers must follow. The category determines the fund's risk-return characteristics and its suitability for different investor profiles.
When evaluating a Large & Mid Cap fund like Axis Large & Mid Cap Fund, key metrics to consider include: 3-year and 5-year CAGR (rolling returns are more reliable than point-to-point), expense ratio (Direct plans have lower costs), portfolio turnover, standard deviation (volatility measure), Sharpe ratio (risk-adjusted returns), and alpha generation over benchmark. A fund that consistently beats its benchmark index over multiple market cycles is a strong candidate.
For long-term wealth creation, Large & Mid Cap funds work best with a systematic investment plan (SIP) over 5+ years. SIP helps average out market volatility through rupee cost averaging. Lump sum investments are better timed during market corrections. Always ensure your mutual fund portfolio is diversified across 3-4 categories rather than concentrating in a single fund type. Consult a SEBI-registered investment advisor for personalized advice based on your financial goals and risk appetite.
Frequently Asked Questions
Is Axis Large & Mid Cap Fund good for SIP?
Axis Large & Mid Cap Fund is a Large & Mid Cap fund with high risk. For SIP investors, consistency of returns matters more than absolute returns. Check the fund's rolling returns and standard deviation before committing to a SIP. Large & Mid Cap funds are generally suitable for SIP with a minimum 5-year investment horizon for optimal results.
What is the risk level of this fund?
Axis Large & Mid Cap Fund is categorized as high risk as per SEBI's riskometer methodology. This assessment considers market cap allocation, sector concentration, and historical portfolio volatility. Higher risk funds may deliver better long-term returns but expect 20-40% drawdowns during market corrections.
How to invest in this fund?
You can invest in Axis Large & Mid Cap Fund (Direct-Growth plan) through platforms like Groww, Zerodha Coin, Kuvera, or directly from the AMC website. Minimum SIP amount starts at ₹500/month on most platforms. Complete KYC (PAN + Aadhaar verification) is mandatory before your first investment.
What are the tax implications?
For equity mutual funds in India: Short-term capital gains (units held less than 1 year) are taxed at 20%. Long-term capital gains (held more than 1 year) above ₹1.25 lakh in a financial year are taxed at 12.5%. ELSS funds have a mandatory 3-year lock-in period. Dividend income from mutual funds is added to your income and taxed at your applicable slab rate.