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: 13.85%.

Axis

Axis Large & Mid Cap Fund - Direct Plan - Growth

Latest NAV

₹38.3500

As of

17 Jul 2026

1,907 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	-0.10%	+0.08%	-0.18	26 / 34	Q4
1W	-0.34%	-0.24%	-0.10	22 / 34	Q3
2W	+0.58%	+0.35%	+0.23	11 / 34	Q2
1M	+1.81%	+1.89%	-0.09	21 / 34	Q3
3M	+5.47%	+4.17%	+1.31	7 / 34	Q1
6M	+5.36%	+3.18%	+2.18	7 / 34	Q1
YTD	+3.68%	+1.35%	+2.33	5 / 34	Q1
1Y	+6.41%	+3.29%	+3.12	7 / 34	Q1
2Y	+5.43%	+3.61%	+1.82	5 / 31	Q1
3Y	+16.30%	+16.23%	+0.07	12 / 27	Q2
4Y	+17.69%	+17.98%	-0.29	15 / 27	Q3
5Y	+13.85%	+14.97%	-1.12	20 / 27	Q3
7Y	+19.39%	+17.78%	+1.61	4 / 23	Q1
10Y	—	—	—	—	—
Inception	+18.97%	+14.34%	+4.62	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	+3.68%	+1.35%	+2.33	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

+21.90%

83 windows

min -10.0% · max 76.2%

88% positive

3-Year rolling

+21.84%

58 windows

min 15.4% · max 31.5%

100% positive

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

5-Year rolling

+22.05%

34 windows

min 13.8% · max 28.8%

100% positive

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

7-Year rolling

+19.51%

10 windows

min 17.9% · 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

12.29%

3-year · annualised

Sharpe ratio

0.76

vs risk-free 6.5%

Sortino ratio

1.29

Downside-only deviation

Max drawdown

-17.16%

Sep 2024 → Apr 2025

% positive months

72.2%

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	₹368.0190	17 Jul 2026
Nippon India Vision Large & Mid Cap Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹273.8346	17 Jul 2026
SBI LARGE & MIDCAP FUND -DIRECT PLAN -Growth	SBI	₹716.8642	17 Jul 2026
ICICI Prudential Large & Mid Cap Fund - Direct Plan - Growth	ICICI Prudential	₹1,165.7000	17 Jul 2026
Invesco India Large & Mid Cap Fund - Direct Plan - Growth	Invesco	₹131.2200	17 Jul 2026
Bandhan Large & Mid Cap Fund - Direct Plan - Growth	Bandhan	₹165.3550	17 Jul 2026
quant Large & Mid Cap Fund - Growth Option-Direct Plan	Quant	₹138.5686	17 Jul 2026
Aditya Birla Sun Life Large & Mid Cap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹1,045.9600	17 Jul 2026
Motilal Oswal Large and Midcap Fund - Direct Plan Growth	Motilal Oswal	₹39.3518	17 Jul 2026
Franklin India Large & Mid Cap Fund - Direct - Growth	Franklin India	₹211.5155	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹38.3500
16 Jul 2026	₹38.3900
15 Jul 2026	₹38.5400
14 Jul 2026	₹38.2300
13 Jul 2026	₹38.4200
10 Jul 2026	₹38.4800
9 Jul 2026	₹38.0800
8 Jul 2026	₹37.6900
7 Jul 2026	₹38.3000
6 Jul 2026	₹38.4400

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 17 Jul 2026, the NAV of Axis Large & Mid Cap Fund - Direct Plan - Growth is ₹38.3500. 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 8 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 6.41% — +3.12 pp ahead of the Large & Mid Cap Fund category average of 3.29%. The fund ranks #7 of 34 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 16.30% — +0.07 pp ahead of the Large & Mid Cap Fund category average of 16.23%. The fund ranks #12 of 27 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Axis Large & Mid Cap Fund - Direct Plan - Growth has delivered a CAGR of 13.85% — -1.12 pp behind the Large & Mid Cap Fund category average of 14.97%. The fund ranks #20 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 ₹191,272 today — a multiplier of 1.91×, based on the 5-year CAGR of 13.85%. The category average over the same window would have grown ₹1 lakh to ₹200,836.

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 ₹861,028 today. That's an XIRR (money-weighted annualised return) of 14.42%.

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 ₹1,579,323 — XIRR 17.71%.

On a 5-year basis, Axis Large & Mid Cap Fund - Direct Plan - Growth ranks #20 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 14.97%; this fund delivered 13.85%.

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 22.05% (best 28.77%, worst 13.85%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.50 — 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: 13.85%.

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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