GMP IPO Watch
Equity Scheme - Large & Mid Cap Fund
Axis Large & Mid Cap Fund
Regular Plan · Growth Option · Axis Mutual Fund
Risk: Very High Risk
★★★★★
Morningstar
52W Low ₹29.47 30 Mar 2026
52W High ₹35.60 31 Aug 2026
₹34.0100
NAV as of 3 Nov 2026
+1.31% day change
Other Plans of This Fund
ISININF846K01J79
Scheme Code145112
StructureOpen Ended Schemes
Fund HouseAxis Asset Management Co. Ltd.
AUM (avg. July - September 2026)₹13,248.55 Cr
Expense Ratio (as of 3 Nov 2026)1.85%
Min. InvestmentRs. 5,000 and in multiples of Rs. 1 thereafter
Inception Date1 Oct 2018
BenchmarkNIFTY Large Midcap 250 TRI
Portfolio Turnover63.82%
NFO Period01 Oct 2018 – 15 Oct 2018
Returns
1Y
+0.98%
3Y
+13.71%
5Y
+9.86%
7Y
+16.39%
Since Inception
+16.47%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +3.25% | +3.86% | 33 of 36 |
| 1M | +2.01% | +2.47% | 26 of 36 |
| 3M | -3.46% | -3.83% | 17 of 35 |
| 6M | +3.88% | +1.88% | 7 of 33 |
| YTD | +1.80% | -2.70% | 27 of 36 |
| 1Y | +0.98% | -2.86% | 27 of 33 |
| 2Y | +3.57% | +0.47% | 25 of 31 |
| 3Y | +13.71% | +10.73% | 20 of 26 |
| 5Y | +9.86% | +8.63% | 21 of 26 |
| 7Y | +16.39% | +13.09% | 17 of 23 |
| INCEPTION | +16.47% | — | — |
Ranked among: Equity Scheme - Large & Mid Cap Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +4.49% | +31.74% | -27.73% | 71% | 28% |
| 6M | +9.08% | +40.43% | -24.56% | 74% | 31% |
| 1Y | +19.48% | +86.28% | -18.71% | 84% | 37% |
| 2Y | +20.11% | +53.30% | -0.31% | 100% | 46% |
| 3Y | +19.58% | +29.45% | +10.37% | 100% | 47% |
| 5Y | +19.56% | +28.18% | +8.73% | 100% | 47% |
| 7Y | +17.76% | +18.95% | +15.70% | 100% | 47% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity95.38%
- Debt0.18%
- Cash2.93%
- Other1.51%
Market Cap Split
- Large Cap46.04%
- Mid Cap35.64%
- Small Cap8.49%
- Others9.83%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 31.27 | 27.50 |
| P/B | 4.63 | 4.07 |
| Price / Sales | 4.45 | 3.46 |
| Price / Cash Flow | 24.60 | 20.89 |
| Dividend Yield (%) | 0.70 | 1.01 |
Holdings104
Top 5 Stocks15.69%
Top 10 Stocks26.12%
Top 3 Sectors31.10%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| ICICI Bank | Banks | 4.43% | -0.20% |
| HDFC Bank | Banks | 3.38% | +0.17% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 2.76% | +0.10% |
| Eternal | Retailing | 2.68% | +0.07% |
| Clearing Corporation of India Ltd | Net Current Assets | 2.53% | — |
| Sona BLW Precision Forgings | Auto Components | 2.44% | -0.06% |
| Bharti Airtel | Telecom - Services | 2.28% | +0.05% |
| Reliance Industries | Petroleum Products | 2.19% | +0.35% |
| Axis Bank | Banks | 2.03% | +0.07% |
| MCX | Capital Markets | 2.01% | +0.04% |
| GE Vernova T&D | Electrical Equipment | 1.92% | +0.27% |
| Apar Industries | Electrical Equipment | 1.79% | +0.06% |
| Larsen & Toubro | Construction | 1.68% | -0.03% |
| Bharat Heavy Electricals | Electrical Equipment | 1.67% | -0.02% |
| Samvardhana Motherson International | Auto Components | 1.60% | +0.09% |
View all 106 holdings
| Shriram Finance | Finance | 1.54% | -0.51% |
| Coforge | IT - Software | 1.45% | -0.11% |
| Fortis Healthcare | Equity | 1.42% | -0.18% |
| Minda Corporation | Auto Components | 1.41% | +0.04% |
| Indusind Bank | Banks | 1.37% | -0.10% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 1.33% | +0.08% |
| BSE | Capital Markets | 1.30% | -0.01% |
| RBL Bank | Banks | 1.29% | +0.16% |
| Bajaj Finance | Finance | 1.28% | -0.06% |
| Radico Khaitan | Beverages | 1.27% | +0.04% |
| Mahindra & Mahindra | Automobiles | 1.25% | -0.27% |
| Federal Bank | Banks | 1.24% | -0.34% |
| Indus Towers | Telecom - Services | 1.21% | +0.01% |
| Phoenix Mills | Realty | 1.16% | +0.08% |
| TD Power Systems | Electrical Equipment | 1.13% | +0.07% |
| State Bank of India | Banks | 1.12% | -0.05% |
| Indian Hotels Company | Leisure Services | 1.09% | +0.13% |
| Solar Industries | Chemicals & Petrochemicals | 1.09% | +0.03% |
| Alphabet Inc A | Interactive Media & Services | 1.05% | +0.08% |
| Ather Energy | Automobiles | 1.02% | -0.15% |
| SRF | Chemicals & Petrochemicals | 1.01% | +0.01% |
| Interglobe Aviation | Transport Services | 0.99% | +0.01% |
| TVS Motors | Automobiles | 0.98% | +0.02% |
| Varun Beverages | Beverages | 0.95% | +0.11% |
| Gland Pharma | Pharmaceuticals & Biotechnology | 0.95% | +0.89% |
| Nykaa | Retailing | 0.93% | -0.04% |
| AU Small Finance Bank | Banks | 0.93% | -0.02% |
| United Spirits | Beverages | 0.92% | +0.30% |
| Page Industries | Textiles & Apparels | 0.91% | +0.06% |
| Titan | Consumer Durables | 0.89% | -0.05% |
| Pidilite Industries | Chemicals & Petrochemicals | 0.88% | -0.08% |
| Cholamandalam Investment | Finance | 0.87% | +0.05% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.83% | +0.00% |
| UltraTech Cement | Cement & Cement Products | 0.83% | +0.01% |
| Premier Energies | Electrical Equipment | 0.82% | -0.11% |
| Mphasis | IT - Software | 0.80% | -0.05% |
| Swiggy | Retailing | 0.80% | +0.01% |
| iShares VII PLC - iShares NASDAQ 100 UCITS ETF | Others | 0.80% | +0.06% |
| UNO Minda | Auto Components | 0.77% | -0.03% |
| Supreme Industries | Industrial Products | 0.74% | +0.02% |
| Cummins | Industrial Products | 0.73% | +0.16% |
| Sundaram Finance | Finance | 0.73% | +0.01% |
| Lenskart Solutions | Retailing | 0.71% | +0.06% |
| Nvidia Corp Com | Semiconductors | 0.71% | +0.06% |
| Taiwan Semiconductor Sp ADR | Semiconductors | 0.70% | +0.10% |
| PB FinTech | Financial Technology (Fintech) | 0.69% | -0.79% |
| Amber Enterprises | Consumer Durables | 0.67% | +0.18% |
| ISHARES CORE S&P 500 (USD) UCITS ETF | Others | 0.67% | +0.04% |
| Schaeffler India | Auto Components | 0.64% | -0.22% |
| M&M Financial Services | Finance | 0.63% | -0.05% |
| Bharat Electronics | Aerospace & Defense | 0.59% | -0.01% |
| Berger Paints | Consumer Durables | 0.59% | -0.02% |
| Tech Mahindra | IT - Software | 0.56% | -0.01% |
| Anthem Biosciences | Pharmaceuticals & Biotechnology | 0.56% | +0.01% |
| Kirloskar Oil Engines | Industrial Products | 0.55% | +0.07% |
| Torrent Power | Power | 0.54% | +0.04% |
| Vishal Mega Mart | Retailing | 0.54% | -0.21% |
| Blue Star | Consumer Durables | 0.53% | +0.04% |
| Maruti Suzuki | Automobiles | 0.53% | -0.04% |
| Vijaya Diagnostic Centre | Equity | 0.53% | +0.00% |
| Apollo Hospitals | Equity | 0.46% | -0.53% |
| Voltas | Consumer Durables | 0.46% | -0.03% |
| Glenmark Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.46% | -0.01% |
| Persistent Systems | IT - Software | 0.46% | +0.00% |
| Marico | Agricultural Food & other Products | 0.43% | +0.00% |
| ITC Hotels | Leisure Services | 0.43% | +0.03% |
| Coromandel International | Fertilizers & Agrochemicals | 0.42% | -0.01% |
| Triveni Turbines | Electrical Equipment | 0.41% | -0.01% |
| Groww | Capital Markets | 0.40% | +0.00% |
| Tata Capital | Finance | 0.40% | -0.02% |
| Astrazeneca PLC | Pharmaceuticals | 0.40% | +0.02% |
| Net Receivables / (Payables) | Net Current Assets | 0.40% | — |
| Bharat Forge | Auto Components | 0.38% | — |
| TJX ORD | Apparel Retail | 0.38% | +0.02% |
| Manipal Health Enterprises | Equity | 0.37% | +0.00% |
| CG Power & Industrial Solutions | Electrical Equipment | 0.33% | -0.01% |
| Microsoft Corp | Systems Software | 0.33% | +0.02% |
| Visa Inc | Transaction & Payment Processing Services | 0.33% | +0.00% |
| Jubilant FoodWorks | Leisure Services | 0.32% | -0.01% |
| Meta Platforms Registered Shares A | Interactive Media & Services | 0.30% | +0.07% |
| Parker-Hannifin Corp | Industrial Machinery & Supplies & Components | 0.30% | +0.01% |
| KEI Industries | Industrial Products | 0.26% | -0.06% |
| Coca Cola Co. | Soft Drinks & Non-alcoholic Beverages | 0.18% | +0.01% |
| 91TB151026 | Money Market | 0.18% | +0.01% |
| Arista Networks Inc | Communications Equipment | 0.17% | +0.02% |
| Cyient DLM | Aerospace & Defense | 0.16% | +0.03% |
| KLA Corporation | Semiconductor Materials & Equipment | 0.14% | +0.02% |
| Autozone Inc | Automotive Retail | 0.12% | +0.00% |
| Uber Technologies Inc | Passenger Ground Transportation | 0.10% | -0.01% |
| Aditya Infotech | Industrial Manufacturing | 0.05% | — |
| Indo-MIM | Industrial Manufacturing | 0.02% | +0.01% |
Sector Allocation · Sep 2026
View all 40 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 14.21 | 15.75 | Low Volatility |
| 3Y | 13.54 | 15.73 | Low Volatility |
| 5Y | 13.76 | 15.39 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.28 | -0.57 | Above Average |
| 3Y | 0.56 | -0.19 | Above Average |
| 5Y | 0.32 | 0.23 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.19 | -0.14 | Above Average |
| 3Y | 1.45 | 1.01 | Above Average |
| 5Y | 1.05 | 0.85 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.96 | 0.97 | Good Risk Adjusted Returns |
| 3Y | 0.86 | 0.97 | Good Risk Adjusted Returns |
| 5Y | 0.91 | 0.96 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Quant Large & Mid Cap Fund
Regular Plan · Growth Option
|
+7.17% | +14.17% | +13.43% | — |
|
Motilal Oswal Large and Midcap Fund
Regular Plan · Growth
|
+4.35% | +20.44% | +16.61% | +19.78% |
|
Helios Large & Mid Cap Fund
Direct Plan · Growth
|
+2.58% | — | — | +8.13% |
|
BANK OF INDIA LARGE & MID CAP FUND
Regular Plan · Quarterly IDCW
|
+1.99% | +12.47% | +9.95% | +7.17% |
|
Union Large & Midcap Fund
Regular Plan · Growth Option
|
+1.75% | +11.80% | +9.13% | +15.26% |
|
Mahindra Manulife Large & Mid Cap Fund
Direct Plan · Growth
|
+1.44% | +12.69% | +11.31% | +17.92% |
|
Aditya Birla Sun Life Large & Mid Cap Fund
Regular Plan · GROWTH
|
+0.58% | +10.94% | +5.98% | +10.59% |
|
PGIM India Large and Midcap Fund
Direct Plan · Direct Growth
|
+0.15% | — | — | +9.70% |
|
ITI Large & Mid Cap Fund
Direct Plan · Growth Option
|
+0.09% | — | — | -0.03% |
|
Navi Large & Midcap Fund
Direct Plan · Growth
|
-0.22% | +10.64% | +9.43% | +14.38% |
More From Axis Asset Management Co. Ltd.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Axis Silver ETF | +26.40% | +35.94% | — | +33.11% |
|
Axis Silver Fund of Fund
Direct Plan · Growth Option
|
+25.78% | +35.80% | — | +33.62% |
|
Axis Gold Fund
Direct Plan · Growth option
|
+16.88% | +30.78% | +23.12% | +10.32% |
| Axis Gold ETF | +16.64% | +30.81% | +23.30% | +11.67% |
|
Axis NASDAQ 100 US Specific Equity Passive FOF
Direct Plan · IDCW Option
|
+15.62% | +27.97% | — | +30.61% |
| Axis NIFTY Healthcare ETF | +13.26% | +21.08% | +14.40% | +13.81% |
|
Axis Global Equity Alpha Fund of Fund
Direct Plan · Growth Option
|
+13.25% | +22.73% | +13.92% | +16.86% |
|
Axis India Manufacturing Fund
Direct Plan · IDCW Option
|
+13.04% | — | — | +18.81% |
|
Axis Global Innovation Fund of Fund
Direct Plan · IDCW Option
|
+9.94% | +22.97% | +11.52% | +12.36% |
|
Axis Innovation Fund
Direct Plan · Growth Option
|
+9.66% | +17.73% | +10.46% | +14.81% |
About This Scheme
Investment Objective
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.
Stated Asset Allocation
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%)
Exit Load
Nil
Fund Managers
Mr. Shreyash Devalkar, Mr. Hitesh Das, Mr. Mayank Hyanki, Ms. Krishnaa N (for Foreign Securities)
Mr. Shreyash Devalkar - Comanage/Domestic Equities, Mr. Hitesh Das - Comanage/Domestic Equities,Mr. Mayank Hyanki - Comanage, Ms. Krishnaa N - Foreign Securities
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Axis Asset Management Co. Ltd. website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.