Should I invest in Axis Large & Mid Cap Fund?

We don't give personal investment advice. Axis Large & Mid Cap Fund - Direct Plan - IDCW 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: 24.3%. 5-year CAGR: 7.03%.

Axis

Axis Large & Mid Cap Fund - Direct Plan - IDCW

Latest NAV

₹25.7300

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	-0.12%	+0.15%	-0.27	30 / 36	Q4
1W	-0.35%	-0.20%	-0.15	26 / 36	Q3
2W	+0.59%	+0.24%	+0.34	10 / 36	Q2
1M	+1.82%	+1.73%	+0.09	20 / 36	Q3
3M	+5.45%	+3.75%	+1.70	7 / 36	Q1
6M	-2.35%	+0.56%	-2.91	28 / 36	Q4
YTD	-3.88%	-1.67%	-2.21	26 / 36	Q3
1Y	-1.38%	-0.06%	-1.32	22 / 36	Q3
2Y	-2.22%	-0.46%	-1.76	21 / 34	Q3
3Y	+7.59%	+11.48%	-3.89	24 / 31	Q4
4Y	+10.01%	+13.30%	-3.30	24 / 31	Q4
5Y	+7.03%	+10.82%	-3.79	27 / 31	Q4
7Y	+12.78%	+13.81%	-1.04	18 / 27	Q3
10Y	—	—	—	—	—
Inception	+12.98%	+10.89%	+2.09	14 / 36	Q2

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	-3.88%	-1.67%	-2.21	26 / 36
2025	-2.66%	+1.18%	-3.84	29 / 35
2024	+17.03%	+19.71%	-2.68	21 / 31
2023	+27.36%	+26.16%	+1.19	16 / 31
2022	-11.11%	+0.59%	-11.70	30 / 31
2021	+33.20%	+33.41%	-0.20	14 / 31
2020	+26.42%	+14.39%	+12.03	3 / 30
2019	+18.23%	+6.20%	+12.03	1 / 26
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

+15.41%

83 windows

min -13.4% · max 61.2%

71% positive

3-Year rolling

+15.32%

58 windows

min 6.8% · max 27.6%

100% positive

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

5-Year rolling

+15.41%

34 windows

min 6.3% · max 20.7%

100% positive

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

7-Year rolling

+13.39%

10 windows

min 11.4% · max 15.1%

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

14.69%

3-year · annualised

Sharpe ratio

0.13

vs risk-free 6.5%

Sortino ratio

0.18

Downside-only deviation

Max drawdown

-23.98%

Sep 2024 → Mar 2026

% positive months

66.7%

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 - IDCW Option - Direct Plan	HDFC	₹47.7870	17 Jul 2026
NIPPON INDIA VISION LARGE & MID CAP FUND - DIRECT Plan - IDCW Option	Nippon India	₹70.7641	17 Jul 2026
SBI Large & Midcap Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹373.6439	17 Jul 2026
ICICI Prudential Large & Mid Cap Fund - Direct Plan - IDCW	ICICI Prudential	₹54.4600	17 Jul 2026
Invesco India Large & Mid Cap Fund - Direct Plan - IDCW (Payout / Reinvestment)	Invesco	₹55.8900	17 Jul 2026
Bandhan Large & Mid Cap Fund - Direct Plan - IDCW	Bandhan	₹36.7850	17 Jul 2026
quant Large & Mid Cap Fund - IDCW Option - Direct Plan	Quant	₹64.5206	17 Jul 2026
Aditya Birla Sun Life Large & Mid Cap Fund -Direct - IDCW	Aditya Birla Sun Life	₹210.4900	17 Jul 2026
Motilal Oswal Large and Midcap Fund Direct - IDCW Payout/Reinvestment	Motilal Oswal	₹27.8134	17 Jul 2026
Franklin India Large & Mid cap Fund - Direct - IDCW	Franklin India	₹22.8896	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹25.7300
16 Jul 2026	₹25.7600
15 Jul 2026	₹25.8600
14 Jul 2026	₹25.6500
13 Jul 2026	₹25.7800
10 Jul 2026	₹25.8200
9 Jul 2026	₹25.5500
8 Jul 2026	₹25.2900
7 Jul 2026	₹25.6900
6 Jul 2026	₹25.7900

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 - IDCW is ₹25.7300. It's a Large & Mid Cap Fund from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Large & Mid Cap Fund - Direct Plan - IDCW 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 - IDCW 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 - IDCW has delivered a absolute return of -1.38% — -1.32 pp behind the Large & Mid Cap Fund category average of -0.06%. The fund ranks #22 of 36 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Axis Large & Mid Cap Fund - Direct Plan - IDCW has delivered a CAGR of 7.59% — -3.89 pp behind the Large & Mid Cap Fund category average of 11.48%. The fund ranks #24 of 31 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Axis Large & Mid Cap Fund - Direct Plan - IDCW has delivered a CAGR of 7.03% — -3.79 pp behind the Large & Mid Cap Fund category average of 10.82%. The fund ranks #27 of 31 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Axis Large & Mid Cap Fund - Direct Plan - IDCW exactly 5 years ago would be worth approximately ₹140,447 today — a multiplier of 1.40×, based on the 5-year CAGR of 7.03%. The category average over the same window would have grown ₹1 lakh to ₹167,152.

A ₹10,000 monthly SIP in Axis Large & Mid Cap Fund - Direct Plan - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹703,216 today. That's an XIRR (money-weighted annualised return) of 6.28%.

Axis Large & Mid Cap Fund - Direct Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,189,503 — XIRR 9.77%.

On a 5-year basis, Axis Large & Mid Cap Fund - Direct Plan - IDCW ranks #27 out of 31 funds in the Large & Mid Cap Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 10.82%; this fund delivered 7.03%.

The worst peak-to-trough decline Axis Large & Mid Cap Fund - Direct Plan - IDCW has experienced over the last 5-year window is 24.26% — 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 - IDCW averaged 15.41% (best 20.75%, worst 6.33%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.10 — weak risk-adjusted performance.

In calendar year 2025, Axis Large & Mid Cap Fund - Direct Plan - IDCW returned -2.66% — lagging the Large & Mid Cap Fund category average of 1.18% by 3.84 pp. It ranked #29 of 35 in its category that year.

Axis Large & Mid Cap Fund - Direct Plan - IDCW 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 - IDCW 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: 24.3%. 5-year CAGR: 7.03%.

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 - IDCW

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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