Axis Large Cap Fund vs SBI Large Cap Fund
Axis Large Cap Fund and SBI Large Cap Fund are both Large Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +11.59% vs +11.10%, 5-year CAGR +6.66% vs +9.46%, volatility 14.35% vs 14.04%, maximum drawdown −30.10% vs −37.08%. Their portfolios overlap by 48.9% (21 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Axis Large Cap | SBI Large Cap | |
|---|---|---|
| Fund house | Axis Mutual Fund | SBI Mutual Fund |
| Compared as | Large Cap | Large Cap |
| NAV | ₹72.9900 | ₹106.3362 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 2 Jan 2013 | 2 Jan 2013 |
| Track record | 13.8 yrs | 13.8 yrs |
| Fund size (AUM) | ₹29,231 Cr | ₹52,373 Cr |
| Securities held | 48 | 56 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Axis Large Cap | SBI Large Cap | |
|---|---|---|
| 1 month | +10.04% | +6.81% |
| 3 months | +2.57% | +0.26% |
| 6 months | +8.18% | +2.97% |
| 1 year | +3.06% | +1.79% |
| 3 years (CAGR) | +11.59% | +11.10% |
| 5 years (CAGR) | +6.66% | +9.46% |
| 7 years (CAGR) | +11.40% | +13.48% |
| 10 years (CAGR) | +13.50% | +12.60% |
| Since launch (CAGR) | +13.74% | +14.24% |
| SIP return (XIRR, 5 years) ⓘ | +9.06% | +9.84% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Axis Large Cap | SBI Large Cap | |
|---|---|---|
| 2026 (year to date) | +1.96% | −0.62% |
| 2025 | +7.20% | +10.49% |
| 2024 | +14.76% | +13.24% |
| 2023 | +18.54% | +23.50% |
| 2022 | −4.62% | +5.11% |
| 2021 | +22.11% | +27.04% |
Risk
| Axis Large Cap | SBI Large Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 14.35% | 14.04% |
| Downside volatility ⓘ | 10.29% | 9.82% |
| Sharpe ratio ⓘ | 0.36 | 0.33 |
| Sortino ratio ⓘ | 0.50 | 0.47 |
| Maximum drawdown ⓘ | −30.10% | −37.08% |
| Recovery from that fall | 7 months | 8 months |
| Current fall from peak | −0.21% | −1.73% |
| Rolling 1-year return: worst | −15.35% | −30.44% |
| Rolling 1-year return: median | +12.40% | +12.72% |
| Rolling 1-year return: best | +68.25% | +98.07% |
| Share of 1-year periods with a loss | 17.23% | 12.84% |
Against each fund's benchmark
| Axis Large Cap | SBI Large Cap | |
|---|---|---|
| Beta ⓘ | 0.91 | 0.91 |
| Alpha (Jensen's, annualised) ⓘ | +1.05% | +0.95% |
| R² ⓘ | 93.12 | 95.84 |
| Upside capture | 95.39% | 92.30% |
| Downside capture | 87.14% | 82.69% |
| Tracking error | 3.90% | 3.10% |
| Information ratio | 0.25 | 0.30 |
| Treynor ratio | 3.24 | 3.16 |
Portfolio
Asset mix
| Axis Large Cap | SBI Large Cap | |
|---|---|---|
| Equity | 94.09% | 99.12% |
| Cash & equivalents | 4.66% | 0.47% |
| Mutual Fund Units | 1.25% | 0.00% |
| Debt | 0.00% | 0.41% |
Market-cap split (share of fund assets)
| Axis Large Cap | SBI Large Cap | |
|---|---|---|
| Large Cap | 90.08% | 83.54% |
| Mid Cap | 3.64% | 13.69% |
| Small Cap | 0.00% | 1.89% |
| Unclassified | 0.37% | 0.00% |
Concentration
| Axis Large Cap | SBI Large Cap | |
|---|---|---|
| Top 10 holdings | 48.32% | 47.57% |
| Effective number of stocks ⓘ | 27.8 | 28.3 |
| Securities held | 48 | 56 |
Portfolio overlap: 48.9%
21 companies are held by both funds; by weight, 48.9% of the two portfolios is the same. That is a moderate overlap.
| Held by both | Axis Large Cap | SBI Large Cap |
|---|---|---|
| ICICI Bank Limited | 9.29% | 8.29% |
| HDFC Bank Limited | 8.25% | 8.19% |
| Larsen & Toubro Limited | 3.26% | 5.31% |
| Reliance Industries Limited | 3.25% | 3.51% |
| Axis Bank Limited | 3.23% | 3.22% |
| Kotak Mahindra Bank Limited | 2.74% | 4.60% |
| Divi's Laboratories Limited | 2.72% | 3.61% |
| Bharti Airtel Limited | 5.07% | 2.15% |
| Cholamandalam Investment and Finance Company Ltd | 1.99% | 2.04% |
| Sun Pharmaceutical Industries Limited | 2.56% | 1.90% |
| Eternal Limited | 4.27% | 1.77% |
| Infosys Limited | 1.57% | 3.38% |
| InterGlobe Aviation Limited | 2.64% | 1.56% |
| State Bank of India | 1.52% | 3.50% |
| Samvardhana Motherson International Limited | 1.52% | 3.79% |
Top 10 holdings
Axis Large Cap
- ICICI Bank Limited9.29%
- HDFC Bank Limited8.25%
- Bharti Airtel Limited5.07%
- Bajaj Finance Limited4.94%
- Eternal Limited4.27%
- Mahindra & Mahindra Limited3.85%
- Larsen & Toubro Limited3.26%
- Reliance Industries Limited3.25%
- Axis Bank Limited3.23%
- Apollo Hospitals Enterprise Limited2.91%
SBI Large Cap
- ICICI Bank Limited8.29%
- HDFC Bank Limited8.19%
- Larsen & Toubro Limited5.31%
- Kotak Mahindra Bank Limited4.60%
- Samvardhana Motherson International Limited3.79%
- Divi's Laboratories Limited3.61%
- Reliance Industries Limited3.51%
- State Bank of India3.50%
- Asian Paints Limited3.39%
- Infosys Limited3.38%
Sector exposure
| Axis Large Cap | SBI Large Cap | |
|---|---|---|
| Banks | 25.03% | 27.80% |
| Finance | 8.79% | 2.04% |
| Pharmaceuticals & Biotechnology | 7.74% | 7.65% |
| Automobiles | 7.24% | 0.00% |
| Auto Components | 1.52% | 7.01% |
| Insurance | 0.00% | 5.50% |
| Retailing | 5.44% | 5.24% |
| Construction | 3.26% | 5.31% |
| IT - Software | 4.66% | 5.27% |
| Telecom - Services | 5.07% | 2.61% |
| Petroleum Products | 3.25% | 3.51% |
| Consumer Durables | 3.20% | 3.39% |
| Healthcare Services | 3.15% | 0.00% |
| Agricultural, Commercial & Construction Vehicles | 0.00% | 3.06% |
Questions people ask
What is the difference between Axis Large Cap and SBI Large Cap returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +3.06% vs +1.79%; 3-year CAGR +11.59% vs +11.10%; 5-year CAGR +6.66% vs +9.46%; 10-year CAGR +13.50% vs +12.60%. Past returns do not indicate future returns.
How do Axis Large Cap and SBI Large Cap compare on risk?
Volatility (36 monthly returns, annualised) 14.35% vs 14.04%; Sharpe ratio 0.36 vs 0.33; Sortino ratio 0.50 vs 0.47; maximum drawdown −30.10% vs −37.08%; beta 0.91 vs 0.91.
How much do Axis Large Cap and SBI Large Cap overlap?
By weight, 48.9% of the two portfolios is invested in the same companies; 21 stocks are held by both, the largest shared positions being ICICI Bank Limited, HDFC Bank Limited, Larsen & Toubro Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Axis Large Cap and SBI Large Cap?
Axis Large Cap: large cap 90.1%, mid cap 3.6%, small cap 0.0%. SBI Large Cap: large cap 83.5%, mid cap 13.7%, small cap 1.9% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
Axis Large Cap vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.