December 26, 2025
RA Jainee
Axis Large Cap Fund
| Fund at a Glance | |
| NAV Growth | Rs 71.80 |
| NAV Bonus | — |
| NAV IDCW | Rs 28.05 |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 6 |
| Benchmark | BSE 100 TRI |
| AUM Rs. | 34,072 Cr |
| (As on 30-Nov-2025) | |
| Expense | 0.70% |
| 1 Year Return (%) | 7.34 |
| 3 Year Return (%) | 14.10 |
| 5 Year Return (%) | 11.62 |
| 10 Year Return (%) | 13.96 |
| Return Since Launch | 14.57% |
⚖️ Sahifund Review – Axis Large Cap Fund
PLUS: Stability | Track Record | Cost Efficiency
Axis Large Cap Fund follows a quality-first, conservative large-cap approach, focusing on market leaders with strong balance sheets. The fund offers reasonable long-term stability, with near-14% returns over 7–10 years, making it suitable for cautious equity investors. A moderate expense ratio of 0.70% supports cost efficiency for long-term SIPs. The portfolio is diversified across 50+ blue-chip stocks, helping limit downside during volatile markets. Backed by an experienced fund management team, the strategy prioritises capital protection over aggression.
MINUS: Large AUM | Strong Large-Cap Bias | Momentum Lag
With an AUM of over Rs. 34,000 crore, agility is limited. The fund’s heavy large-cap concentration (over 80% in giants) has led to consistent underperformance versus peers and benchmark in recent years. High portfolio turnover has not translated into superior returns, and the fund often lags during strong bull or momentum-driven phases.
Sahifund View (Decisive Line):
Best suited for very conservative equity investors seeking stability, but return-focused investors may find better-performing large-cap alternatives elsewhere.
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| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
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 Manager:
1) Jayesh Sundar
Education: Mr. Sundar is a Chartered Accountant
Experience: Prior 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
2) Shreyash Devalkar
Education: Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Experience: Prior 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.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details of Axis Large Cap Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 14.57% |
| Benchmark | BSE 100 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 34,072 Cr |
| (As on 30-Nov-2025) | |
| Expense | 0.70% |
| (As on 30-Nov-2025) | |
| Risk Grade | Above Average |
| Return Grade | Low |
| Turnover | 85.00% |
Trailing Returns (%) of Axis Large Cap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Large Cap Dir | 7.52 | -0.13 | 0.52 | 1.99 | 3.61 | 7.34 | 14.10 | 11.62 | 14.07 | 13.96 |
| BSE 100 TRI* | 10.45 | -0.18 | 0.83 | 4.24 | 4.92 | 10.12 | 16.24 | 16.02 | 15.42 | 14.54 |
| Equity: Large Cap* | 8.88 | -0.15 | 0.88 | 3.19 | 4.41 | 8.42 | 16.91 | 16.00 | 15.16 | 13.89 |
| Rank within category* | 73 | 27 | 108 | 90 | 82 | 72 | 77 | 58 | 46 | 15 |
| Number of funds in category* | 99 | 120 | 120 | 116 | 110 | 97 | 84 | 58 | 48 | 42 |
Peer Comparison of Axis Large Cap Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Large Cap Dir | 1 star | 7.34 | 14.10 | 11.62 | 0.70 | 34,072 | 14.57 | 1.00 (365) | 12Y 11M | 85.00 |
| ICICI Pru Large Cap Dir | 5 star | 11.45 | 19.66 | 19.09 | 0.84 | 78,160 | 15.92 | 1.00 (365) | 12Y 11M | 13.00 |
| SBI Large Cap Dir | 4 star | 9.65 | 16.16 | 16.03 | 0.79 | 55,637 | 15.29 | 0.25 (30) | 12Y 11M | 29.00 |
| Nippon India Large Cap Dir | 5 star | 9.58 | 21.48 | 21.57 | 0.66 | 50,312 | 16.38 | 1.00 (7) | 12Y 11M | 28.00 |
| HDFC Large Cap Dir | 5 star | 8.18 | 17.46 | 18.33 | 0.96 | 40,618 | 14.15 | 1.00 (365) | 12Y 11M | 26.18 |
Portfolio Analysis of Axis Large Cap Fund
| No. of Stocks | 53 |
| Top 10 Stocks | 56.33% |
| Top 5 Stocks | 36.09% |
| Top 3 Sectors | 62.28% |
| Portfolio P/B Ratio | 4.47 |
| Portfolio P/E Ratio | 28.46 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 5,07,864 | 4,45,330 |
| Giant (%) | 84.21 | 78.22 |
| Large (%) | 15.79 | 20.84 |
| Mid (%) | — | 5.71 |
| Small (%) | — | 2.06 |
| Tiny (%) | — | — |
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Apply Online: https://www.axismf.com/Online/Login OR https://www.axismf.com/mutual-funds
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