Should I invest in Axis Large & Mid Cap Fund?

We don't give personal investment advice. Axis Large & Mid Cap Fund - Direct Plan - Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 21.3%. 5-year CAGR: 14.95%.

Axis

Axis Large & Mid Cap Fund - Direct Plan - Growth

Latest NAV

₹36.6300

As of

2 Jun 2026

1,875 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.49%	+0.15%	+0.34	4 / 34	Q1
1W	-1.40%	-1.78%	+0.38	7 / 34	Q1
2W	+0.41%	-0.02%	+0.43	9 / 34	Q2
1M	+0.33%	-0.52%	+0.85	7 / 34	Q1
3M	+0.91%	+0.66%	+0.25	12 / 34	Q2
6M	-1.19%	-3.20%	+2.01	4 / 34	Q1
YTD	-0.97%	-3.29%	+2.32	5 / 34	Q1
1Y	+4.54%	+1.81%	+2.73	8 / 33	Q1
2Y	+6.31%	+4.91%	+1.40	10 / 30	Q2
3Y	+16.48%	+16.92%	-0.44	14 / 27	Q3
4Y	+16.61%	+16.88%	-0.27	16 / 27	Q3
5Y	+14.95%	+15.02%	-0.06	15 / 27	Q3
7Y	+18.66%	+16.10%	+2.56	2 / 23	Q1
10Y	—	—	—	—	—
Inception	+18.58%	+13.65%	+4.93	5 / 33	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.97%	-3.29%	+2.32	5 / 34
2025	+4.86%	+4.90%	-0.05	19 / 32
2024	+27.20%	+24.93%	+2.27	10 / 28
2023	+32.10%	+31.20%	+0.91	11 / 27
2022	-7.58%	+2.92%	-10.50	26 / 27
2021	+45.55%	+38.33%	+7.22	3 / 27
2020	+26.58%	+17.02%	+9.56	2 / 26
2019	+18.32%	+9.44%	+8.88	1 / 22
2018	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+21.78%

81 windows

min -14.1% · max 76.3%

88% positive

3-Year rolling

+21.52%

57 windows

min 12.1% · max 30.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+22.19%

32 windows

min 14.9% · max 26.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+19.34%

8 windows

min 17.4% · max 20.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

13.00%

3-year · annualised

Sharpe ratio

0.75

vs risk-free 6.5%

Sortino ratio

1.16

Downside-only deviation

Max drawdown

-17.16%

Sep 2024 → Apr 2025

% positive months

77.8%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Large & Mid Cap Fund

Scheme	Fund house	NAV	As of
HDFC Large and Mid Cap Fund - Growth Option - Direct Plan	HDFC	₹348.8940	3 Jun 2026
Nippon India Vision Large & Mid Cap Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹263.7372	3 Jun 2026
SBI LARGE & MIDCAP FUND -DIRECT PLAN -Growth	SBI	₹683.8671	2 Jun 2026
ICICI Prudential Large & Mid Cap Fund - Direct Plan - Growth	ICICI Prudential	₹1,109.9000	3 Jun 2026
Invesco India Large & Mid Cap Fund - Direct Plan - Growth	Invesco	₹119.2100	3 Jun 2026
Bandhan Large & Mid Cap Fund - Direct Plan - Growth	Bandhan	₹160.3360	3 Jun 2026
quant Large & Mid Cap Fund - Growth Option-Direct Plan	Quant	₹134.6766	3 Jun 2026
Aditya Birla Sun Life Large & Mid Cap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹999.2500	3 Jun 2026
Motilal Oswal Large and Midcap Fund - Direct Plan Growth	Motilal Oswal	₹38.4109	3 Jun 2026
Franklin India Large & Mid Cap Fund - Direct - Growth	Franklin India	₹199.5382	3 Jun 2026

Recent NAVs

Date	NAV
2 Jun 2026	₹36.6300
1 Jun 2026	₹36.4500
31 May 2026	₹36.8600
29 May 2026	₹36.8600
27 May 2026	₹37.3300
26 May 2026	₹37.1500
25 May 2026	₹37.1100
22 May 2026	₹36.8000
21 May 2026	₹36.7000
20 May 2026	₹36.7100

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 02 Jun 2026, the NAV of Axis Large & Mid Cap Fund - Direct Plan - Growth is ₹36.6300. It's a Large & Mid Cap Fund from Axis, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Axis Large & Mid Cap Fund - Direct Plan - Growth has NAV history starting from 26 Oct 2018, a track record of about 7 years 7 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Axis Large & Mid Cap Fund - Direct Plan - Growth is managed by Axis. It's classified by AMFI under the 'Large & Mid Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Large & Mid Cap Fund - Direct Plan - Growth has delivered a absolute return of 4.54% — +2.73 pp ahead of the Large & Mid Cap Fund category average of 1.81%. The fund ranks #8 of 33 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Axis Large & Mid Cap Fund - Direct Plan - Growth has delivered a CAGR of 16.48% — -0.44 pp behind the Large & Mid Cap Fund category average of 16.92%. The fund ranks #14 of 27 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Axis Large & Mid Cap Fund - Direct Plan - Growth has delivered a CAGR of 14.95% — -0.06 pp behind the Large & Mid Cap Fund category average of 15.02%. The fund ranks #15 of 27 in its category — the third (Q3) quartile.

₹1 lakh invested in Axis Large & Mid Cap Fund - Direct Plan - Growth exactly 5 years ago would be worth approximately ₹200,712 today — a multiplier of 2.01×, based on the 5-year CAGR of 14.95%. The category average over the same window would have grown ₹1 lakh to ₹201,274.

A ₹10,000 monthly SIP in Axis Large & Mid Cap Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹837,643 today. That's an XIRR (money-weighted annualised return) of 13.30%.

Axis Large & Mid Cap Fund - Direct Plan - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,542,423 — XIRR 17.04%.

On a 5-year basis, Axis Large & Mid Cap Fund - Direct Plan - Growth ranks #15 out of 27 funds in the Large & Mid Cap Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 15.02%; this fund delivered 14.95%.

The worst peak-to-trough decline Axis Large & Mid Cap Fund - Direct Plan - Growth has experienced over the last 5-year window is 21.26% — its NAV fell from a high on 18 Oct 2021 to a low on 20 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Axis Large & Mid Cap Fund - Direct Plan - Growth averaged 22.19% (best 26.59%, worst 14.88%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.60 — reasonable risk-adjusted performance.

In calendar year 2025, Axis Large & Mid Cap Fund - Direct Plan - Growth returned 4.86% — lagging the Large & Mid Cap Fund category average of 4.90% by 0.05 pp. It ranked #19 of 32 in its category that year.

Axis Large & Mid Cap Fund - Direct Plan - Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Axis Large & Mid Cap Fund - Direct Plan - Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 21.3%. 5-year CAGR: 14.95%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Axis Large & Mid Cap Fund - Direct Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Large & Mid Cap Fund

Recent NAVs

Frequently asked questions

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