MonitorDirect · GrowthWatch before adding
Axis Large Cap Fund
Axis Mutual FundEquity Schemes - Large Cap Fund13.8 years
The scheme aims to generate long term capital growth by investing in a diversified portfolio predominantly consisting of equity & equity related instruments of large cap companies.
- NAV
- 67.60
- 30 Oct 2026
- 1Y
- -5.7%
- Trailing CAGR
- AUM
- ₹31,375.66 Cr
- 31 Aug 2026
- Volatility
- Medium
- 14.6% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer WhiteOak Capital Large Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.91% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -30.1%. Ask whether you can hold through a similar fall.
Vs category
Watch
44% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Jayesh Sundar · 2.0 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 48.4% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 30%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-5.7%
- 3Y+9.3%
- 5Y+5.2%
- 10Y+12.3%
- SI+13.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-2.7%
- 3Y+1.9%
- 5Y+6.2%
- 10Y+10.5%
- Since inception
- +13.1%
- Calendar-day CAGR
- Excess 1Y
- +0.2%
- Category median, same plan and option
- 3Y win rate
- +44%
- Windows beating the median
- 3Y percentile
- 25
- Vs comparable share classes
- SIP 3Y XIRR
- +1.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.7%
- 2662 daily-ending windows
- Median rolling 3Y
- +13.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2169 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -30.1%
- Worst peak-to-trough
- Current
- -7.6%
- Below last peak
- Current spell
- 764 days
- Days below latest peak
- Time below peak
- +88%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 13 days
- 164 recovered episodes
- Longest recovery
- 532 days
- Trough to prior peak
12 Feb 2020 – 6 Nov 2020
Trough 23 Mar 2020 · recovered in 228 days
-30.1%
14 Oct 2021 – 1 Dec 2023
Trough 17 Jun 2022 · recovered in 532 days
-21.6%
27 Jan 2015 – 25 Jul 2016
Trough 11 Feb 2016 · recovered in 165 days
-17.6%
28 Aug 2018 – 20 May 2019
Trough 23 Oct 2018 · recovered in 209 days
-15.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
25
Vs category
51
Consistency
41
Risk-adjusted
52
Drawdown
25
Mean
39
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
31 Aug 2026 · 49 holdings · top 10 are 48.4%.
- Top 5
- 31.3%
- Top 10
- 48.4%
- Largest holding
- 9.5%
- Effective holdings
- 26.9
ICICI Bank Ltd
Financial
9.5%
HDFC Bank Ltd
Financial
8.0%
Bharti Airtel Ltd
Technology
4.9%
Bajaj Finance Ltd
Financial
4.9%
Mahindra & Mahindra Ltd
Consumer Discretionary
4.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
WhiteOak Capital Large Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- -5.4%
- 3Y
- +13.2%
- Vol
- 12.6%
- Max DD
- -15.2%
- Sharpe
- 0.47
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Canara Robeco Large Cap Fund
Canara Robeco Mutual Fund
- 1Y
- -7.9%
- 3Y
- +10.5%
- Vol
- 15.2%
- Max DD
- -32.6%
- Sharpe
- 0.54
- 3Y win
- +60%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Invesco India Large Cap Fund
Invesco Mutual Fund
- 1Y
- -2.4%
- 3Y
- +14.0%
- Vol
- 15.6%
- Max DD
- -36.9%
- Sharpe
- 0.59
- 3Y win
- +73%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
JM Large Cap Fund
JM Financial Mutual Fund
- 1Y
- -5.7%
- 3Y
- +10.5%
- Vol
- 13.5%
- Max DD
- -19.8%
- Sharpe
- 0.48
- 3Y win
- +42%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
Mirae Asset Large Cap Fund
Mirae Asset Mutual Fund
- 1Y
- -7.8%
- 3Y
- +8.8%
- Vol
- 15.7%
- Max DD
- -37.4%
- Sharpe
- 0.58
- 3Y win
- +65%
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns