The aim of this study was to identify isolated endophytic fungus from Ficus elastica decora and to investigate its antifungal and antioxidant activities.An endophytic fungi was successfully isolated from leaves where it was identified as Penicillium citrinum.The fungal extract was assessed for antifungal activity against Candida albicans where it showed inhibition zone of 17mm and assessed for antioxidant activity which showed IC50% of 2.633 mg/ml.