Axis Large Cap Fund vs Canara Robeco Focused Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Large Cap Fund is a Large Cap fund and Canara Robeco Focused Fund is a Focused fund. In the 3 years to 30-10-2026, Axis Large Cap Fund (Direct) returned 9.3% a year and Canara Robeco Focused Fund (Direct) returned 12.5% a year. Axis Large Cap Fund charges 0.92% a year and Canara Robeco Focused Fund 0.83% (Direct plans). Their portfolios overlap 53.8%: they hold 19 of the same securities.
Canara Robeco Focused Fund
Focused
- 3 year return
- 12.5%
- Expense ratio
- 0.83%
- NAV
- ₹20.40
Which is better, Axis Large Cap or Canara Robeco Focused? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Canara Robeco Focused returned more over 5 years: 10.8% a year against 5.2%.
- Canara Robeco Focused returned more over 3 years: 12.5% a year against 9.3%.
- Canara Robeco Focused costs less: 0.83% a year against 0.92% (Direct plans).
- Axis Large Cap swung less over 3 years: a standard deviation of 12.7% a year against 13.6%.
- Canara Robeco Focused fell less in its worst fall since 18-05-2021: −18.1% against −21.6%.
- Axis Large Cap holds more in large companies: 90.1% of the fund in large caps against 65.5%.
- Axis Large Cap is the larger fund: ₹29,231 Cr against ₹2,730 Cr.
- Their portfolios overlap 53.8%: 19 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Large Cap Fund | Canara Robeco Focused Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Canara Robeco Mutual Fund |
| Category | Large Cap | Focused |
| AUM | ₹29,231 Cr (30-09-2026) | ₹2,730 Cr (30-09-2026) |
| NAV | ₹67.60 (Direct) | ₹20.40 (Direct) |
| Expense ratio (Direct) | 0.92% | 0.83% |
| Expense ratio (Regular) | 1.76% | 2.19% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 100 TRI | BSE 500 TRI |
| Launch date | 05-01-2010 | 17-05-2021 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Shreyash Devalkar, Jayesh Sundar, Krishnaa N | Shridatta Bhandwaldar / Mr. Amit Kadam |
| Exit load | Nil | 1% - If redeemed/switched out within 365 days from the date of allotment, Nil - if redeemed/switched out after 365 days from the date of allotment |
Axis Large Cap vs Canara Robeco Focused: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Large Cap Fund (Direct) | +1.93% | −3.58% | +1.53% | −5.71% | +9.35% | +5.24% | +12.31% |
| Canara Robeco Focused Fund (Direct) | −0.10% | −5.47% | −0.68% | −8.23% | +12.52% | +10.83% | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | +10.21% | -- |
Category average: the average of the 35 Large Cap funds and the 28 Focused funds, same plan type.
Axis Large Cap vs Canara Robeco Focused: Year-wise Returns
| Year | Axis Large CapAxis Large Cap | Canara Robeco FocusedCanara Robeco Focused |
|---|---|---|
| 2026to date | −5.57% | −7.23% |
| 2025 | +7.20% | +7.74% |
| 2024 | +14.76% | +25.45% |
| 2023 | +18.54% | +25.25% |
| 2022 | −4.62% | +3.42% |
| 2021 | +22.11% | -- |
Axis Large Cap vs Canara Robeco Focused: Rolling Returns
Every holding period of both funds, against BSE 100 TRI, the benchmark of Axis Large Cap Fund
Rolling returns
Every 3-year holding period, 612 of them, one for each trading day from 21-05-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Large Cap Fund (Direct)
Canara Robeco Focused Fund (Direct)
BSE 100 TRI
to
Jul 2024Dec 2021
to
Dec 2024May 2022
to
May 2025Oct 2022
to
Oct 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Large Cap | 0.0 | 0.0 | 29.2 | 64.5 | 6.2 | 0.0 | 0.0 | 11.5% | 11.6% | 6.3% | 17.5% | 8% |
| Canara Robeco Focused | 0.0 | 0.0 | 0.0 | 17.2 | 58.1 | 23.7 | 1.0 | 18.2% | 18.7% | 10.9% | 25.5% | 100% |
| BSE 100 TRI | 0.0 | 0.0 | 7.0 | 51.0 | 40.2 | 1.8 | 0.0 | 14.3% | 14.5% | 7.0% | 20.5% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 100 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-05-2021. Past returns do not promise future returns.
Axis Large Cap vs Canara Robeco Focused: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-05-2021 to 30-10-2026: 66 instalments, ₹6,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Large CapAxis Large Cap Fund (Direct) | ₹6,60,000 | ₹7,84,276 | ₹1,24,276 | 6.2% |
| Canara Robeco FocusedCanara Robeco Focused Fund (Direct) | ₹6,60,000 | ₹8,71,332 | ₹2,11,332 | 10.0% |
Axis Large CapAxis Large Cap Fund (Direct)
Canara Robeco FocusedCanara Robeco Focused Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Large Cap vs Canara Robeco Focused: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Large Cap Fund (Direct) | Canara Robeco Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.71% | −8.23% |
| Standard deviation | 13.62% | 14.38% |
| Sharpe ratio | -0.80 | -0.94 |
| Sortino ratio | -1.09 | -1.25 |
| Maximum drawdown | −14.0% (30-03-2026) | −14.9% (30-03-2026) |
| Beta | 0.97 | 0.98 |
| Alpha | +2.74% | −0.89% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Large Cap Fund (Direct) | Canara Robeco Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.35% | +12.52% |
| Standard deviation | 12.71% | 13.59% |
| Sharpe ratio | 0.26 | 0.48 |
| Sortino ratio | 0.37 | 0.66 |
| Maximum drawdown | −15.5% (28-02-2025) | −16.5% (28-02-2025) |
| Beta | 0.92 | 0.92 |
| Alpha | +0.63% | +2.93% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Large Cap Fund (Direct) | Canara Robeco Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.24% | +10.83% |
| Standard deviation | 13.12% | 13.48% |
| Sharpe ratio | -0.04 | 0.37 |
| Sortino ratio | -0.06 | 0.51 |
| Maximum drawdown | −20.9% (17-06-2022) | −18.1% (17-06-2022) |
| Beta | 0.92 | 0.91 |
| Alpha | −2.38% | +2.44% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Large Cap Fund (Direct) | Canara Robeco Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.13% | +13.68% |
| Standard deviation | 14.49% | 13.22% |
| Sharpe ratio | 0.49 | 0.61 |
| Sortino ratio | 0.68 | 0.85 |
| Maximum drawdown | −30.1% (23-03-2020) | −18.1% (17-06-2022) |
| Beta | 0.88 | 0.91 |
| Alpha | +1.76% | +2.94% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Large Cap Fund (Direct)
Canara Robeco Focused Fund (Direct)
BSE 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Large Cap Fund (Direct) | −21.6% | 14-10-2021 | 17-06-2022 | 01-12-2023 | 17 months | −7.6% |
| Canara Robeco Focused Fund (Direct) | −18.1% | 17-01-2022 | 17-06-2022 | 13-09-2022 | 3 months | −8.6% |
| BSE 100 TRI | −16.7% | 26-09-2024 | 28-02-2025 | 20-11-2025 | 9 months | −10.4% |
From daily values since 18-05-2021, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Large Cap Fund (Direct)
Canara Robeco Focused Fund (Direct)
BSE 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Large Cap Fund (Direct)
Canara Robeco Focused Fund (Direct)
BSE 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Large Cap Fund (Direct)
Canara Robeco Focused Fund (Direct)
BSE 100 TRI
Against BSE 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Large Cap Fund (Direct) | 92% | 101% | 3.80% |
| Canara Robeco Focused Fund (Direct) | 106% | 88% | 4.47% |
From month-end values since 18-05-2021. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Large Cap vs Canara Robeco Focused: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Large Cap Fund, September 2026; Canara Robeco Focused Fund, September 2026
Holdings in common
- Overlap
- 53.8%
- Held by both
- 19
- Only in Axis Large Cap
- 29
- Only in Canara Robeco Focused
- 11
| Security | % of Axis Large Cap | % of Canara Robeco Focused |
|---|---|---|
| ICICI Bank Limited | 9.29% | 8.92% |
| HDFC Bank Limited | 8.25% | 6.83% |
| Eternal Limited | 4.27% | 4.31% |
| Bharti Airtel Limited | 5.07% | 4.26% |
| Bajaj Finance Limited | 4.94% | 3.77% |
| Larsen & Toubro Limited | 3.26% | 4.03% |
| Reliance Industries Limited | 3.25% | 4.22% |
| Kotak Mahindra Bank Limited | 2.74% | 3.80% |
| Divi's Laboratories Limited | 2.72% | 4.05% |
| InterGlobe Aviation Limited | 2.64% | 2.59% |
| UltraTech Cement Limited | 2.18% | 2.78% |
| The Indian Hotels Company Limited | 1.93% | 2.97% |
| Shriram Finance Limited | 1.86% | 2.75% |
| TVS Motor Company Limited | 1.78% | 3.96% |
| Torrent Pharmaceuticals Limited | 1.29% | 3.86% |
| Infosys Limited | 1.57% | 0.91% |
| Bharat Electronics Limited | 0.52% | 1.73% |
| Varun Beverages Limited | 0.43% | 2.74% |
| Max Healthcare Institute Limited | 0.24% | 4.49% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 53.8% means 53.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Large Cap Fund
| Security | % of fund |
|---|---|
| Mahindra & Mahindra Limited | 3.85% |
| Axis Bank Limited | 3.23% |
| Apollo Hospitals Enterprise Limited | 2.91% |
| Titan Company Limited | 2.88% |
| Sun Pharmaceutical Industries Limited | 2.56% |
Largest holdings only in Canara Robeco Focused Fund
| Security | % of fund |
|---|---|
| Info Edge (India) Ltd | 3.25% |
| Affle 3i Ltd | 2.61% |
| Vishal Mega Mart Ltd | 2.53% |
| Gujarat Fluorochemicals Ltd | 2.47% |
| 360 One Wam Ltd | 2.28% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Large Cap | Canara Robeco Focused |
|---|---|---|
| Equity | 94.1% | 95.3% |
| Debt | 0.0% | 0.0% |
| Cash and others | 5.9% | 4.8% |
Market cap of stocks
| Market cap | Axis Large Cap | Canara Robeco Focused |
|---|---|---|
| Large Cap | 90.1% | 65.5% |
| Mid Cap | 3.6% | 21.5% |
| Small Cap | 0.0% | 8.3% |
| Not on AMFI's list | 0.4% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Large Cap | Canara Robeco Focused |
|---|---|---|
| Banks | 25.0% | 19.6% |
| Retailing | 5.4% | 11.3% |
| Finance | 8.8% | 8.7% |
| Pharmaceuticals & Biotechnology | 7.7% | 7.9% |
| Automobiles | 7.2% | 4.0% |
| Telecom - Services | 5.1% | 4.3% |
| IT - Services | 0.0% | 4.6% |
| Healthcare Services | 3.1% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Large Cap vs Canara Robeco Focused: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Large Cap Fund | Canara Robeco Focused Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.92% | 0.83% |
| Base expense ratio (Direct) | 0.64% | 0.53% |
| Total expense ratio (Regular) | 1.76% | 2.19% |
| Base expense ratio (Regular) | 1.35% | 1.70% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Axis Large Cap with
Axis Large Cap Fund vs Canara Robeco Focused Fund: Frequently Asked Questions
What is the difference between Axis Large Cap Fund and Canara Robeco Focused Fund?
Axis Large Cap Fund is a Large Cap fund, Canara Robeco Focused Fund is a Focused fund, run by Axis Mutual Fund and Canara Robeco Mutual Fund. Their portfolios overlap 53.8%. Axis Large Cap Fund charges 0.92% a year and Canara Robeco Focused Fund 0.83%.
Which has given higher returns, Axis Large Cap Fund or Canara Robeco Focused Fund?
Over 1 year: Axis Large Cap Fund −5.71%, Canara Robeco Focused Fund −8.23%. Over 3 years: Axis Large Cap Fund +9.35% a year, Canara Robeco Focused Fund +12.52% a year. Over 5 years: Axis Large Cap Fund +5.24% a year, Canara Robeco Focused Fund +10.83% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Large Cap Fund or Canara Robeco Focused Fund?
Canara Robeco Focused Fund charges less: 0.83% a year against 0.92%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Large Cap Fund and Canara Robeco Focused Fund overlap?
53.8%. They hold 19 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, ETERNAL. From each fund's latest monthly portfolio.
Which is riskier, Axis Large Cap Fund or Canara Robeco Focused Fund?
On SEBI's riskometer, Axis Large Cap Fund is rated Very High and Canara Robeco Focused Fund Very High. Over 3 years, the standard deviation of daily returns was 12.71% and 13.59% a year.
Which is better for SIP, Axis Large Cap Fund or Canara Robeco Focused Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,11,348 in Axis Large Cap Fund (XIRR 6.0% a year) and ₹7,77,140 in Canara Robeco Focused Fund (XIRR 9.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Large Cap Fund and Canara Robeco Focused Fund?
Yes. 53.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Large Cap Fund and Canara Robeco Focused Fund?
Axis Large Cap Fund: Shreyash Devalkar, Jayesh Sundar, Krishnaa N. Canara Robeco Focused Fund: Shridatta Bhandwaldar / Mr. Amit Kadam.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.