{"id":222086,"date":"2026-08-28T11:12:57","date_gmt":"2026-08-28T05:42:57","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=222086"},"modified":"2026-08-28T11:12:59","modified_gmt":"2026-08-28T05:42:59","slug":"axis-large-cap-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/","title":{"rendered":"Axis Large Cap Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/axis-large-cap-fund-g-direct-plan\">Axis Large Cap Fund Direct Growth Plan<\/a> has a NAV of \u20b970.63 as of 27 August 2026 and a scheme AUM of \u20b931,631 Cr. Its 1-year, 3-year and 5-year returns are 1.84%, 11.22% and 7.40%. The fund sits in the High Risk category, so our view is that it suits investors who can tolerate equity-style swings and are mainly looking for large-cap exposure with a strong bank tilt.<\/p>\n<p>The portfolio is heavily concentrated in large caps, and the long-term return pattern is better than the recent one-year outcome. That mix makes it more relevant for investors with a multi-year horizon who want a large-cap core, not for those who need steady short-term outperformance.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Axis_Large_Cap\" title=\"Should you BUY or HOLD Axis Large Cap?\">Should you BUY or HOLD Axis Large Cap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Axis_Large_Cap_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Axis Large Cap Fund Direct Growth Plan?\">What is the current NAV of Axis Large Cap Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#What_are_the_1-year_3-year_and_5-year_returns\" title=\"What are the 1-year, 3-year and 5-year returns?\">What are the 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_the_benchmark\" title=\"How does the fund compare with the benchmark?\">How does the fund compare with the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#How_much_can_I_start_with_in_SIP\" title=\"How much can I start with in SIP?\">How much can I start with in SIP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#What_kind_of_risk_and_portfolio_mix_does_the_fund_carry\" title=\"What kind of risk and portfolio mix does the fund carry?\">What kind of risk and portfolio mix does the fund carry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#Who_manages_the_fund_and_what_is_the_exit_load\" title=\"Who manages the fund and what is the exit load?\">Who manages the fund and what is the exit load?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/axis-large-cap-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Parameter<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b970.63<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b931,631 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.7%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Equity<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>Nil for 10% of investments and 1% for remaining investments on or before 12 months; nil after 12 months.<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Shreyash Devalkar, Jayesh Sundar, Krishnaa N<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Shreyash Devalkar, Jayesh Sundar and Krishnaa N.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 27 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>1.96%<\/td>\n<td>0.44%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>7.10%<\/td>\n<td>2.31%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>1.84%<\/td>\n<td>-2.53%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>11.22%<\/td>\n<td>6.72%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>7.40%<\/td>\n<td>7.06%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent picture is mixed. Over one month and three months, the fund has outpaced the NIFTY 50, which suggests a stronger short-term recovery than the benchmark. Over one year, though, the return is only 1.84%, so the broader recent period has been much softer than the short burst of momentum suggests.<\/p>\n<p>Looking at the longer windows, the 3-year return of 11.22% is clearly ahead of the benchmark\u2019s 6.72%, which tells us the fund has still compounded better over a fuller market cycle. The 5-year return of 7.40% is only slightly ahead of the benchmark\u2019s 7.06%, so the longer record is respectable but not dramatically different from the index.<\/p>\n<p>The pattern in the return path points to a fund that can recover, but not in a straight line. There are visible periods of weakness and rebound across the multi-year path, which is consistent with an equity fund that stays close to large-cap market behaviour while still adding some value in selected stretches. For investors, that means the fund has not delivered smooth compounding, but it has shown the ability to keep pace or stay ahead over longer holding periods.<\/p>\n<p>Compared with the benchmark, our view is that the fund\u2019s recent strength is better than its one-year headline outcome suggests, while the 3-year record shows the more convincing part of the story. The 5-year comparison is the most balanced, with only a small advantage over the index.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 27 Aug 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Axis_Large_Cap\"><\/span>Should you BUY or HOLD Axis Large Cap?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Axis Large Cap? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-large-cap-fund-g-direct-plan\">Axis Large Cap Fund Direct Growth Plan<\/a><\/td>\n<td>1.84%<\/td>\n<td>11.22%<\/td>\n<td>7.40%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/quant-large-cap-fund-g-direct-plan\">Quant Large Cap Fund Direct Growth Plan<\/a><\/td>\n<td>10.993%<\/td>\n<td>16.273%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/taurus-large-cap-fund-g-direct-plan\">Taurus Large Cap Fund Direct Growth Plan<\/a><\/td>\n<td>10.0645%<\/td>\n<td>15.0861%<\/td>\n<td>11.5393%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-large-cap-fund-g-direct-plan\">Bank of India Large Cap Fund Direct Growth Plan<\/a><\/td>\n<td>9.3388%<\/td>\n<td>14.9916%<\/td>\n<td>11.0381%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/invesco-india-largecap-fund-g-direct-plan\">Invesco India Largecap Fund Direct Growth Plan<\/a><\/td>\n<td>7.9951%<\/td>\n<td>15.9823%<\/td>\n<td>13.17%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bajaj-finserv-large-cap-fund-g-direct-plan\">Bajaj Finserv Large Cap Fund Direct Growth Plan<\/a><\/td>\n<td>6.5362%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>On recent numbers, the fund trails every peer listed here on 1-year return, even though it has improved over the shorter 1-month and 3-month windows. That tells us the latest full-year stretch has been weaker than what several competing large-cap funds have delivered.<\/p>\n<p>The longer record is more nuanced. The 3-year return is solid, but it still sits below the stronger peer outcomes shown here, while the 5-year return is competitive but not the best among peers with available 5-year figures. So the peer set suggests a fund that is more middle-of-the-pack on long-term compounding than on short-term bursts of performance.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 27 Aug 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Market-cap mix<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th>Category<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Large Cap<\/td>\n<td>94.2%<\/td>\n<\/tr>\n<tr>\n<td>Mid Cap<\/td>\n<td>1.04%<\/td>\n<\/tr>\n<tr>\n<td>Small Cap<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Other<\/td>\n<td>3.67%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Top sectors and holdings<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th>Sector<\/th>\n<th>Sector weight<\/th>\n<th>Top holdings<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>BANK<\/td>\n<td>55.47%<\/td>\n<td>KOTAK MAHINDRA BANK LIMITED (36.5%), ICICI BANK LIMITED (5%)<\/td>\n<\/tr>\n<tr>\n<td>AUTOMOBILE &amp; ANCILLARIES<\/td>\n<td>4.67%<\/td>\n<td>MAHINDRA &amp; MAHINDRA LIMITED (2.06%), TVS MOTOR COMPANY LIMITED (0.66%)<\/td>\n<\/tr>\n<tr>\n<td>HEALTHCARE<\/td>\n<td>4.51%<\/td>\n<td>APOLLO HOSPITALS ENTERPRISE LIMITED (1.45%), SUN PHARMACEUTICAL INDUSTRIES LIMITED (1.12%)<\/td>\n<\/tr>\n<tr>\n<td>FINANCE<\/td>\n<td>4.12%<\/td>\n<td>BAJAJ FINANCE LIMITED (2.48%), CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD (0.78%)<\/td>\n<\/tr>\n<tr>\n<td>IT<\/td>\n<td>3.79%<\/td>\n<td>INFOSYS LIMITED (2.39%), TECH MAHINDRA LIMITED (0.65%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The portfolio is overwhelmingly tilted to large caps, with 94.2% in that bucket and only a very small mid-cap slice. That structure usually keeps the fund closer to large-cap market behaviour, while the 0% small-cap weight limits exposure to the more volatile end of the market.<\/p>\n<p>The bank sector is materially larger than every other sector in the portfolio at 55.47%. The next sector weights are all in the single digits, so the fund\u2019s behaviour is likely to be shaped far more by banking than by any other theme. Within that bucket, Kotak Mahindra Bank alone carries a very large weight, which could make sector-level moves particularly important.<\/p>\n<p>Beyond banking, the remaining sectors are spread across automobile, healthcare, finance and IT at similar, much smaller levels. That balance helps diversify the non-bank part of the portfolio, but it does not change the fact that the fund is likely to be driven most by its bank exposure.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 27 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund is best suited to investors who can handle High Risk and who are comfortable with a large-cap equity fund that can move around in the short term. The one-year return has been weak relative to the 3-year record, so the fund looks more appropriate for people with a longer horizon than for those who need steady year-by-year gains.<\/p>\n<p>It may fit investors who want a core large-cap allocation and are prepared to accept a heavy bank tilt in exchange for the possibility of better multi-year compounding. The main trade-off is that the portfolio concentration can help when banking is strong, but it can also make returns more dependent on a single sector than a more evenly spread large-cap fund.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load<\/strong><\/p>\n<ul>\n<li>Nil for 10% of investments and 1% for the remaining investments if units are sold within 12 months.<\/li>\n<li>No exit load after 12 months.<\/li>\n<\/ul>\n<p class=\"mf-source-date\"><small>Source data date: as of 27 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Axis_Large_Cap_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Axis Large Cap Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b970.63 as of 27 August 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_1-year_3-year_and_5-year_returns\"><\/span>What are the 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 1-year return is 1.84%, the 3-year return is 11.22% and the 5-year return is 7.40%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_the_benchmark\"><\/span>How does the fund compare with the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It is ahead of the NIFTY 50 over 1 month, 3 months, 1 year, 3 years and 5 years, although the lead is small over 5 years and much stronger over 3 years.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_much_can_I_start_with_in_SIP\"><\/span>How much can I start with in SIP?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b9100.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_kind_of_risk_and_portfolio_mix_does_the_fund_carry\"><\/span>What kind of risk and portfolio mix does the fund carry?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is in the High Risk category and has a very large-cap-heavy portfolio, with 94.2% in large caps and 55.47% in the bank sector.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund_and_what_is_the_exit_load\"><\/span>Who manages the fund and what is the exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Shreyash Devalkar, Jayesh Sundar and Krishnaa N. The exit load is nil for 10% of investments and 1% for the remaining investments if units are sold within 12 months, and there is no exit load after 12 months.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Axis Large Cap Fund Direct Growth Plan has a mixed recent record but a more reassuring longer-term profile, with the 3-year return standing out more clearly than the 1-year number. Against the benchmark and the peer set, it looks competitive over longer periods but less compelling on recent performance. The portfolio is heavily large-cap oriented and especially bank-heavy, which can shape returns more than most single-stock exposures in the fund. Our view is that it suits patient investors who want large-cap exposure and can accept concentration risk in pursuit of multi-year compounding.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 28 August 2026 at 10:52 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Axis Large Cap Fund Direct Growth Plan\",\"identifier\":\"axis-large-cap-fund-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":70.63,\"valueReference\":\"as of 27 Aug 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"31631 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.7\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":1.8415},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":11.2161},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":7.4042},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Shreyash Devalkar, Jayesh Sundar, Krishnaa N\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Axis Large Cap Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b970.63 as of 27 August 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 1-year return is 1.84%, the 3-year return is 11.22% and the 5-year return is 7.40%.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is ahead of the NIFTY 50 over 1 month, 3 months, 1 year, 3 years and 5 years, although the lead is small over 5 years and much stronger over 3 years.\"}},{\"@type\":\"Question\",\"name\":\"How much can I start with in SIP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"What kind of risk and portfolio mix does the fund carry?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is in the High Risk category and has a very large-cap-heavy portfolio, with 94.2% in large caps and 55.47% in the bank sector.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Shreyash Devalkar, Jayesh Sundar and Krishnaa N. The exit load is nil for 10% of investments and 1% for the remaining investments if units are sold within 12 months, and there is no exit load after 12 months.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Person\",\"name\":\"{{ANALYST_NAME}}\",\"affiliation\":{\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\"},\"description\":\"Uniapps Investment Adviser Pvt. Ltd. \u2014 SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Axis Large Cap Fund Direct Growth Plan has a \u20b970.63 NAV, \u20b931,631 Cr AUM and High Risk profile. Its 1-year return is 1.84%, with 3-year at 11.22% and 5-year at 7.40%.<\/p>\n","protected":false},"author":29,"featured_media":222085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-222086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["222085"],"rank_math_title":["Axis Large Cap Fund Review 2026 | NAV &amp; Returns"],"rank_math_description":["Axis Large Cap Fund Direct Growth Plan NAV is \u20b970.63. 1Y return is 1.84% and 3Y return is 11.22%. 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