Axis Large & Mid Cap Fund vs Trustmf Large & Midcap Fund
Direct Plan, Growth option · Data as on 29-10-2026
Axis Large & Mid Cap Fund and Trustmf Large & Midcap Fund are both Large & Mid Cap funds. Axis Large & Mid Cap Fund charges 0.83% a year and Trustmf Large & Midcap Fund 2.09% (Direct plans). Their portfolios overlap 36.6%: they hold 29 of the same securities.
Which is better, Axis Large & Mid Cap or Trustmf Large & Midcap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Large & Mid Cap costs less: 0.83% a year against 2.09% (Direct plans).
- Axis Large & Mid Cap fell less in its worst fall since 30-07-2026: −9.5% against −9.8%.
- Axis Large & Mid Cap holds 6.7% of the fund in foreign stocks; Trustmf Large & Midcap 0.0%.
- Axis Large & Mid Cap is the larger fund: ₹16,438 Cr against ₹418 Cr.
- Their portfolios overlap 36.6%: 29 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 & Mid Cap Fund | Trustmf Large & Midcap Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Trust Mutual Fund |
| Category | Large & Mid Cap | Large & Mid Cap |
| AUM | ₹16,438 Cr (30-09-2026) | ₹418 Cr (30-09-2026) |
| NAV | ₹37.20 (Direct) | ₹9.69 (Direct) |
| Expense ratio (Direct) | 0.83% | 2.09% |
| Expense ratio (Regular) | 1.87% | 4.00% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty LargeMidcap 250 TRI | Not available |
| Launch date | 22-10-2018 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Shreyash Devalkar, Hitesh Das, Mayank Hyanki, Krishnaa N | Not available |
| Exit load | Nil | Not available |
Axis Large & Mid Cap vs Trustmf Large & Midcap: 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 & Mid Cap Fund (Direct) | −0.96% | −2.80% | +1.64% | −0.29% | +14.92% | +10.98% | -- |
| Trustmf Large & Midcap Fund (Direct) | −0.62% | −3.49% | -- | -- | -- | -- | -- |
| Large & Mid Cap average | −1.78% | −5.20% | -- | -- | -- | -- | -- |
Category average: the average of the 36 Large & Mid Cap funds, same plan type.
Axis Large & Mid Cap vs Trustmf Large & Midcap: Year-wise Returns
| Year | Axis Large & Mid CapAxis Large & Mid Cap | Trustmf Large & MidcapTrustmf Large & Midcap | NIFTY LargeMidcap 250 TRI |
|---|---|---|---|
| 2026to date | +0.79% | -- | −6.82% |
| 2025 | +5.25% | -- | +8.19% |
| 2024 | +26.97% | -- | +18.68% |
| 2023 | +32.47% | -- | +32.66% |
| 2022 | −7.58% | -- | +4.48% |
| 2021 | +46.68% | -- | +37.04% |
Axis Large & Mid Cap vs Trustmf Large & Midcap: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of both
Axis Large & Mid Cap vs Trustmf Large & Midcap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Large & Mid Cap Fund (Direct) | Trustmf Large & Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.80% | −13.14% |
| Standard deviation | 14.46% | 13.55% |
| Sharpe ratio | 0.87 | -1.36 |
| Sortino ratio | 1.18 | -1.65 |
| Maximum drawdown | −31.9% (23-03-2020) | −9.8% (23-10-2026) |
| Beta | 0.78 | 1.08 |
| Alpha | +4.44% | +13.85% |
From daily NAVs, 26-10-2018 to 29-10-2026. 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 & Mid Cap Fund (Direct)
Trustmf Large & Midcap Fund (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Large & Mid Cap Fund (Direct) | −9.5% | 31-08-2026 | 23-10-2026 | Not yet | -- | −6.3% |
| Trustmf Large & Midcap Fund (Direct) | −9.8% | 26-08-2026 | 23-10-2026 | Not yet | -- | −6.7% |
| NIFTY LargeMidcap 250 TRI | −10.6% | 03-08-2026 | 23-10-2026 | Not yet | -- | −8.6% |
From daily values since 30-07-2026, the first day every fund has.
Axis Large & Mid Cap vs Trustmf Large & Midcap: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Large & Mid Cap Fund, September 2026; Trustmf Large & Midcap Fund, September 2026
Holdings in common
- Overlap
- 36.6%
- Held by both
- 29
- Only in Axis Large & Mid Cap
- 59
- Only in Trustmf Large & Midcap
- 38
| Security | % of Axis Large & Mid Cap | % of Trustmf Large & Midcap |
|---|---|---|
| ICICI Bank Limited | 4.43% | 5.44% |
| Eternal Limited | 2.68% | 3.28% |
| Bharti Airtel Limited | 2.28% | 3.02% |
| Multi Commodity Exchange of India Limited | 2.01% | 2.11% |
| Axis Bank Limited | 2.03% | 1.89% |
| Larsen & Toubro Limited | 1.68% | 1.64% |
| Samvardhana Motherson International Limited | 1.60% | 1.67% |
| Shriram Finance Limited | 1.54% | 1.86% |
| RBL Bank Limited | 1.29% | 1.42% |
| Bajaj Finance Limited | 1.28% | 1.88% |
| Radico Khaitan Limited | 1.27% | 1.87% |
| The Federal Bank Limited | 1.24% | 1.37% |
| The Phoenix Mills Limited | 1.16% | 1.43% |
| The Indian Hotels Company Limited | 1.09% | 1.25% |
| Bharat Heavy Electricals Limited | 1.67% | 1.02% |
| Apar Industries Limited | 1.79% | 0.96% |
| FSN E-Commerce Ventures Limited | 0.93% | 1.34% |
| AU Small Finance Bank Limited | 0.93% | 1.15% |
| Titan Company Limited | 0.89% | 2.59% |
| State Bank of India | 1.12% | 0.86% |
| Swiggy Limited | 0.80% | 0.95% |
| UNO Minda Limited | 0.77% | 0.86% |
| Divi's Laboratories Limited | 2.76% | 0.75% |
| Lenskart Solutions Limited | 0.71% | 2.07% |
| PB Fintech Limited | 0.69% | 1.01% |
| Bharat Electronics Limited | 0.59% | 1.58% |
| Apollo Hospitals Enterprise Limited | 0.46% | 1.51% |
| Marico Limited | 0.43% | 1.12% |
| ITC Hotels Limited | 0.43% | 1.56% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.6% means 36.6% 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 & Mid Cap Fund
| Security | % of fund |
|---|---|
| HDFC Bank Limited | 3.38% |
| Sona BLW Precision Forgings Limited | 2.44% |
| Reliance Industries Limited | 2.19% |
| GE Vernova T&D India Limited | 1.92% |
| Coforge Limited | 1.45% |
Largest holdings only in Trustmf Large & Midcap Fund
| Security | % of fund |
|---|---|
| Kotak Mahindra Bank Limited | 2.55% |
| Dixon Technologies (India) Limited | 2.38% |
| Aurobindo Pharma Limited | 2.13% |
| Coal India Limited | 1.70% |
| Motilal Oswal Financial Services Limited | 1.52% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Large & Mid Cap | Trustmf Large & Midcap |
|---|---|---|
| Equity | 96.8% | 92.1% |
| Debt | 0.2% | 0.0% |
| Cash and others | 3.0% | 7.9% |
Market cap of stocks
| Market cap | Axis Large & Mid Cap | Trustmf Large & Midcap |
|---|---|---|
| Large Cap | 46.0% | 38.5% |
| Mid Cap | 35.3% | 37.4% |
| Small Cap | 7.4% | 13.6% |
| Foreign stocks | 6.7% | 0.0% |
| Not on AMFI's list | 1.5% | 2.6% |
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 & Mid Cap | Trustmf Large & Midcap |
|---|---|---|
| Banks | 15.8% | 14.7% |
| Retailing | 5.7% | 8.8% |
| Pharmaceuticals & Biotechnology | 6.9% | 8.1% |
| Electrical Equipment | 8.1% | 2.0% |
| Consumer Durables | 3.1% | 7.3% |
| Auto Components | 7.2% | 2.5% |
| Finance | 5.5% | 6.6% |
| Aerospace & Defense | 0.8% | 5.7% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Large & Mid Cap vs Trustmf Large & Midcap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Large & Mid Cap Fund | Trustmf Large & Midcap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.83% | 2.09% |
| Base expense ratio (Direct) | 0.55% | 0.48% |
| Total expense ratio (Regular) | 1.87% | 4.00% |
| Base expense ratio (Regular) | 1.44% | 2.10% |
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 & Mid Cap with
Axis Large & Mid Cap Fund vs Trustmf Large & Midcap Fund: Frequently Asked Questions
What is the difference between Axis Large & Mid Cap Fund and Trustmf Large & Midcap Fund?
Both are Large & Mid Cap funds, run by Axis Mutual Fund and Trust Mutual Fund. Their portfolios overlap 36.6%. Axis Large & Mid Cap Fund charges 0.83% a year and Trustmf Large & Midcap Fund 2.09%.
Which has the lower expense ratio, Axis Large & Mid Cap Fund or Trustmf Large & Midcap Fund?
Axis Large & Mid Cap Fund charges less: 0.83% a year against 2.09%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Large & Mid Cap Fund and Trustmf Large & Midcap Fund overlap?
36.6%. They hold 29 of the same securities, the largest shared ones being ICICIBANK, ETERNAL, BHARTIARTL. From each fund's latest monthly portfolio.
Can I invest in both Axis Large & Mid Cap Fund and Trustmf Large & Midcap Fund?
Yes. 36.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.