Large Cap · Equity

Axis Large Cap Fund

Axis Asset Management Co. Ltd.

Benchmark

BSE 100 TRI

Riskometer

Very High

Size

₹29,332 cr

Allotted

5 Jan 2010

Holdings as of

30 Sep 2026

Axis Large Cap Fund is a large cap fund of Axis Asset Management Co. Ltd. with ₹29,332 cr under management. It is ahead of its benchmark (BSE 100 TRI) in 2 of 4 periods. Its direct plan charges 0.92% a year. Shreyash Devalkar has managed it for 9.9 years.

Has Axis Large Cap Fund beaten its benchmark?

Ahead of its benchmark, BSE 100 TRI, in 2 of 4 periods in AMFI's figures; −5.96% over the last year against −6.94%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 100 TRI	Ahead
1 month	−0.77%	−0.84%	—
3 months	−3.01%	−4.21%	—
6 months	−0.37%	−3.47%	—
1 year	−5.51%	−6.71%	+1.20 pts
3 years	+7.86%	+8.01%	−0.15 pts
5 years	+4.30%	+6.40%	−2.10 pts
10 years	+12.23%	+11.80%	+0.43 pts
Since start from 2 Jan 2013	+13.11%	—	—

Valarth price history to 15 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 14 Oct 2026

Ahead of its benchmark (BSE 100 TRI) in 2 of 4 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	−5.96%	−6.76%	−6.94%	+0.98	🔒
3y	+7.19%	+6.25%	+7.47%	−0.28	🔒
5y	+4.00%	+3.02%	+6.72%	−2.72	🔒
10y	+12.06%	+10.84%	+12.00%	+0.06	🔒

Ahead in points a year · its rank among Large Cap funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 15 Oct 2026

Fund 317Nifty 100 TRI 303

₹100 put in at the start of Oct 2016 would be ₹317 on 15 Oct 2026, against ₹303 in the Nifty 100 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Axis Large Cap Fund cost?

0.92% a year on the direct plan, 1.76% on the regular plan; 10 of 35 funds in its category charge less.

Direct plan

0.92% a year

Category median 1.08%

Regular plan

1.76% a year

Category median 2.21%

Gap

0.84 points

for the same holdings

10 of 35 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Equity Schemes - Large Cap Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Axis Large Cap Fund?

Shreyash Devalkar, since 23 Nov 2016; Jayesh Sundar, since 23 Nov 2016; Krishnaa N, since 23 Nov 2016.

Shreyash Devalkar

9.9 years

since 23 Nov 2016

Jayesh Sundar

9.9 years

since 23 Nov 2016

Krishnaa N

9.9 years

since 23 Nov 2016

Benchmark as filedBSE 100 TRI

Exit load

Nil

From 8 Scheme Summary Documents filed with NSE, first on 24 Feb 2026; as on 11 Oct 2026

What does Axis Large Cap Fund hold?

50 holdings as of 30 Sep 2026; the ten largest are 48.3% of the fund, the largest ICICI Bank Limited at 9.3%.

Mix

Holdings as of 30 Sep 2026

Equity94.1%Debt0.0%Cash4.7%Other1.2%

Holdings

47 shares

Top ten

48.3%

of the fund

Effective holdings

24.7

spread, as if equal-weighted

Matched to our table

100%

of the equity

Five largest

% of fund

ICICI Bank Limited9.29%

HDFC Bank Limited8.25%

Bharti Airtel Limited5.07%

Bajaj Finance Limited4.94%

Eternal Limited4.27%

Five largest industries

% of fund

Banks26.6%

Finance9.30%

Pharmaceuticals & Biotechnology8.20%

Automobiles7.70%

Retailing5.80%

By company size

% of equity · SEBI size lists

Large Cap96.1%Mid Cap3.9%Small Cap0.0%

How does Axis Large Cap Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Axis Large Cap Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

Moves with its indexnot an index tracker

Nearest to the Nifty 50: 39% of it differs from the index (an active fund is usually above 60%).

Active share 38.7%60%

Funds that hold much the same

% of holdings in common

CANARA ROBECO LARGE CAP FUND72.4% the same

35 shared holdings

PGIM INDIA LARGE CAP FUND67.4% the same

33 shared holdings

Axis ELSS- Tax Saver Fund64.2% the same

31 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Axis Large Cap Fund?

Shreyash Devalkar (manager) since 23 Nov 2016; Jayesh Sundar (manager) since 23 Nov 2016; Krishnaa N (manager) since 23 Nov 2016.

What is the expense ratio of Axis Large Cap Fund?

0.92% a year on the direct plan and 1.76% on the regular plan (expense report, Oct 2026).

How has Axis Large Cap Fund done?

Its direct plan returned +7.19% a year over 3 years against +7.47% for its benchmark, BSE 100 TRI, as of 14 Oct 2026.