Top Performing Large & Mid Cap Funds
Ranked by 3-Year CAGR performance across Direct Growth plans from verified AMC filings.
| Scheme Name & AMC | Rating | AUM (₹ Cr) | 1Y Return | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
Invesco India Large & Mid Cap Fund Invesco Mutual Fund Pvt | 4 | ₹12,178 | +0.75% | +20.40% | +15.00% |
Motilal Oswal Large & Midcap Fund Motilal Oswal Mutual Fund | — | ₹19,832 | +2.62% | +20.11% | +17.50% |
Bandhan Large & Mid Cap Fund Bandhan Mutual Fund | 5 | ₹20,650 | -0.10% | +16.45% | +14.75% |
HSBC Large & Mid Cap Fund HSBC Global Mutual Fund (India) | — | ₹5,931 | +4.21% | +16.11% | +12.64% |
Quant Large & Mid Cap Fund Quant Money Managers | — | ₹3,384 | +7.12% | +13.99% | +13.54% |
Axis Large & Mid Cap Fund Axis Mutual Fund | 3 | ₹17,320 | +1.54% | +13.76% | +10.31% |
UTI Large & Mid Cap Fund UTI Mutual Fund | 4 | ₹6,514 | -1.02% | +13.43% | +12.12% |
Nippon India Vision Large & Mid Cap Fund Nippon Life India Mutual Fund | — | ₹7,411 | -4.56% | +13.12% | +10.89% |
ICICI Pru Large & Mid Cap Fund ICICI Prudential Mutual Fund | — | ₹31,628 | -6.05% | +12.99% | +12.52% |
Edelweiss Large & Mid Cap Fund Edelweiss Mutual Fund | — | ₹4,615 | -0.13% | +12.95% | +11.24% |
Baroda BNP Paribas Large & Mid Cap Fund Baroda BNP Paribas Mutual Fund India | 3 | ₹1,762 | -1.23% | +12.87% | +10.16% |
Sundaram Large and Mid Cap Fund Sundaram Mutual Fund | 3 | ₹7,544 | +1.42% | +12.81% | +10.10% |
Bank of India Large & Mid Cap Fund Bank of India Investment Managers | 2 | ₹529 | +1.88% | +12.44% | +10.18% |
DSP Large & Mid Cap Fund DSP Investment Managers | 3 | ₹17,284 | -4.30% | +12.23% | +10.52% |
Union Large & Midcap Fund Union Mutual Fund | 2 | ₹969 | +0.49% | +11.86% | +9.54% |
SEBI Mandate & Category Classification
SEBI requires Large & Mid Cap funds to invest at least 35% of their total assets in top 100 Large Cap companies and at least 35% in Mid Cap companies (101st to 250th). This creates a balanced hybrid equity vehicle offering blue-chip stability combined with mid-sized growth power.
Category Highlights
- Mandatory 35% Large Cap + 35% Mid Cap allocation
- Ideal balance between capital preservation and alpha generation
- Proven track record across Indian market cycles
Taxation Rules (Post-Budget 2024)
Equity Taxation: LTCG taxed at 12.5% for holding > 12 months over ₹1.25L exemption. STCG taxed at 20% for holding ≤ 12 months.
Who Should Invest?
- •Investors looking for a single fund that captures both stability and high growth.
- •Medium to high-risk investors with a 5+ year time horizon.
Risks to Consider
- •Higher volatility than pure large-cap funds due to the mandatory 35% mid-cap quota.
What if you invest ₹10,000/month in Large & Mid Cap Funds?
Projected wealth growth assuming a category benchmark CAGR of 13.5% compounded monthly:
Explore Other Mutual Fund Categories
Compare asset classes, risk-return profiles, and SEBI regulations across all fund categories in India.
Frequently Asked Questions: Large & Mid Cap Funds
What is the allocation mandate for Large & Mid Cap funds?
SEBI dictates that the fund must invest at least 35% in Large Cap stocks and at least 35% in Mid Cap stocks at all times.
How does Large & Mid Cap differ from Flexi Cap?
Flexi Cap funds have no minimum quota for any market cap tier, whereas Large & Mid Cap funds are legally bound to maintain at least 35% in each of large and mid caps.
Is this category suitable for conservative equity investors?
It is suitable for moderate-to-aggressive equity investors. Conservative investors should lean towards pure Large Cap or Balanced Advantage funds.
What is the expected CAGR from Large & Mid Cap funds?
Historically, the Nifty LargeMidcap 250 TRI has delivered 13% to 15% CAGR over 7+ year holding periods.