Fundalysisby DARKHORSESTOCKS

Scheme

Axis Large Cap Fund

Holds 47 companies worth ₹27,503 Cr in Sept 2026.

  • Fund house

    AxisThe fund house that runs this scheme.

  • AUM

    ₹29,326 CrAxis Large Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.4% on Aug 2026, ₹31,343 Cr.

  • Largest holding

    ICICI BankICICI Bank is 9.3% of this scheme's NAV.

  • Fund manager

    Shreyash DevalkarRuns its co-manager part since 23 Nov 2016, as the fund house dates it. With Jayesh Sundar (co-manager), Krishnaa N (overseas).

Overview(6 Oct 2026)

Fund managers3

  1. Shreyash DevalkarCo-manager, equity · Nov 2016 · 19y · MMS B.E.
  2. Jayesh SundarCo-manager, equity · Nov 2024 · 21y · CA
  3. Krishnaa NOverseas · Mar 2024
  1. Ashish NaikAug 2023 – Dec 2024

Key facts

Benchmark
BSE 100 TRI
Risk
Very High
Expense
Regular 1.76% · Direct 0.92%
Exit load
Nil
Started
5 Jan 2010
Minimum
₹100

Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

What changed(22 changes)

Oct 2026

1 change
  1. Expense ratio
    5 OctRegular 1.77% → 1.76%Direct 0.93% → 0.92%

Sept 2026

2 changes
  1. Exit load
    22 Sept10% within 12 months → Nil
  2. Expense ratio
    10 SeptRegular 2.48% → 1.77%Direct 1.66% → 0.93%

May 2026

1 change
  1. Expense ratio
    17 MayRegular 1.58% → 2.48%Direct 0.72% → 1.66%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Nov 2016 – now)

  1. Shreyash Devalkar
  2. Jayesh Sundar
  3. Krishnaa N
  4. Ashish Naik
MainCoSlice20172019202120232025
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
19 changesRegularDirectΔ pt
5 Oct 20261.76%0.92%0.01
10 Sept 20261.77%0.93%0.73
17 May 20262.48%1.66%0.94
18 Jan 20261.58%0.72%0.01
17 Dec 20251.58%0.71%0.01
23 Jun 20251.57%0.70%0.01
7 May 20251.57%0.69%0.01
9 Apr 20251.58%0.70%0
25 Mar 20251.57%0.70%0.01
25 Feb 20251.59%0.71%0.02
10 Feb 20251.57%0.69%0.02
16 Jan 20251.59%0.71%0.02
30 Dec 20241.57%0.69%0.01
10 Dec 20241.56%0.68%0.01
12 Nov 20241.57%0.69%0.01
30 Oct 20241.56%0.68%0.01
16 Oct 20241.55%0.67%0.01
23 Sept 20241.55%0.66%0.01
21 Aug 20241.56%0.67%–
Direct plan, 5 Oct 2026
0.92%
Regular plan 1.76% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(6 Oct 2026)

Objective

To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
(An Open-Ended Equity Scheme Predominantly Investing In Large Cap Stocks)
Benchmark
BSE 100 TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity Related Instruments of Large Cap companies
    Allowed80–100%
  2. Equity and Equity Related Instruments of other companies
    Allowed0–20%
  3. Debt and Money Market Instruments
    Allowed0–20%Holds5.9%
  4. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.94.1% equity · 5.9% debt and cash

How to invest(6 Oct 2026)

Buying

To start
₹100, then in multiples of ₹1
To add
₹100, then in multiples of ₹1
Systematic
SIP - Daily / Weekly / Monthly / Yearly, Choti SIP - Monthly ; SWP - Weekly/ Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
Dates
SIP - Except 29,30 and 31 all dates SWP - Any Business Day, STP - Daily, Weekly all days, Fortnightly - alternate Wednesday, Monthly and Quarterly 1,7,10,15 and 25
Minimum
SIP Daily - 10 , Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00, SWP - 1000, STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00. Choti SIP - Maximum one SIP under the facility of exactly equal to Rs. 250/- is allowed. The facility is restricted to three SIP’s across all Mutual Funds (one each in upto three Asset Management Companies)., then in multiples of ₹1
Instalments
SIP Daily -6, Weekly - 6, Monthly - 6, SIP - Yearly - 3, Choti SIP - 60 installments at the time of registration ( If the tenure is below or above 5 years then SIP will be considered as Normal SIP. However, if investor desires to stop or withdraw the SIP investment prematurely, there is no restriction); SWP - Weekly - 5, Monthly - 6, Quarterly - 4, Halfyearly - 4, Yearly - 2, STP - Daily -6, Weekly - 6, Fortnightly -6, Monthly - 6, Quarterly -2

Selling and switching

Scheme details(6 Oct 2026)

What it is

Category
Large Cap Fund
Offer
11 Nov 2009 to 8 Dec 2009
Started
5 Jan 2010
Reopened
7 Jan 2010
Plans
Direct IDCW Direct Growth Regular IDCW Regular Growth
Face value
₹10
Listed
Unlisted

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
DEUTSCHE BANK AG
Auditor
B S R & Co. LLP
Registrar
Kfintech Ltd
SEBI code
AXIS/O/E/LCF/09/10/0003