SEBI sub-category

Large & Mid Cap Fund funds

Funds

Direct plans only

Category 1Y avg

+1.83%

Category 5Y CAGR

+14.97%

Direct vs Regular

Direct Regular

5-Year return distribution

How the 34 Large & Mid Cap Fund funds spread across return buckets. Taller bars = more funds in that band.

Risk vs Return — Large & Mid Cap Fund

Each dot is a fund. Up-and-left = high return for low risk (the sweet spot). Down-and-right = under-performing with high volatility. Colour = 5-year peer quartile.

Q1 (top 25%) Q2 Q3 Q4 (bottom 25%) 27 funds plotted

All Large & Mid Cap Fund funds

Sort by: 1Y 3Y 5Y 7Y 10Y

#	Scheme	NAV	1Y	3Y	5Y	7Y	10Y	Peer Q (5Y)	Sharpe	Max DD
1	Motilal Oswal Large and Midcap Fund - Direct Plan Growth Motilal Oswal	38.72	+6.04%	+25.22%	+21.00%	—	—	Q1	0.94	-26.1%
2	Bandhan Large & Mid Cap Fund - Direct Plan - Growth Bandhan	160.76	+5.75%	+22.30%	+18.45%	+18.18%	+17.10%	Q1	1.05	-18.0%
3	ICICI Prudential Large & Mid Cap Fund - Direct Plan - Growth ICICI Prudential	1,111.18	+1.16%	+18.16%	+18.06%	+17.73%	+16.54%	Q1	0.91	-14.8%
4	Invesco India Large & Mid Cap Fund - Direct Plan - Growth Invesco	120.22	+4.93%	+23.03%	+17.93%	+17.65%	+17.20%	Q1	0.98	-18.6%
5	quant Large & Mid Cap Fund - Growth Option-Direct Plan Quant	134.77	+6.82%	+19.77%	+17.45%	+20.15%	+16.78%	Q1	0.71	-24.1%
6	HSBC Large & Mid Cap Fund - Direct Growth HSBC	31.85	+12.67%	+20.48%	+16.87%	+17.68%	—	Q1	0.82	-25.1%
7	HDFC Large and Mid Cap Fund - Growth Option - Direct Plan HDFC	349.91	+0.60%	+16.78%	+16.29%	+16.79%	+14.94%	Q2	0.70	-18.7%
8	UTI Large & Mid Cap Fund - Direct Plan - Growth Option UTI	192.42	+2.74%	+19.07%	+16.00%	+16.73%	+14.63%	Q2	0.89	-17.5%
9	Baroda BNP Paribas Large and Mid Cap Fund- Direct Plan -Growth Option Baroda BNP Paribas	28.64	+1.17%	+16.41%	+15.72%	—	—	Q2	0.66	-19.5%
10	Nippon India Vision Large & Mid Cap Fund - Direct Plan Growth Plan - Growth Option Nippon India	1,563.63	+1.90%	+17.94%	+15.57%	+15.37%	+13.50%	Q2	0.79	-16.8%
11	Nippon India Vision Large & Mid Cap Fund - Direct Plan Growth Plan - Bonus Option Nippon India	265.10	+1.90%	+17.94%	+15.57%	+15.37%	+13.50%	Q2	0.79	-16.8%
12	Kotak Large & Midcap Fund - Direct- Growth Kotak	388.08	+1.80%	+15.94%	+15.18%	+16.51%	+16.29%	Q2	0.69	-18.5%
13	Edelweiss Large & Mid Cap Fund - Direct Plan - Growth Option Edelweiss	102.75	+2.68%	+16.91%	+15.17%	+17.21%	—	Q2	0.65	-18.2%
14	SBI LARGE & MIDCAP FUND -DIRECT PLAN -Growth SBI	682.48	+5.21%	+15.41%	+15.06%	+16.58%	+15.48%	Q3	0.73	-14.2%
15	Axis Large & Mid Cap Fund - Direct Plan - Growth Axis	36.58	+4.69%	+16.17%	+14.91%	+18.64%	—	Q3	0.76	-17.2%
16	Mahindra Manulife Large & Mid Cap Fund - Direct Plan -Growth Mahindra Manulife	29.25	-0.01%	+15.19%	+14.66%	—	—	Q3	0.55	-20.0%
17	Union Large & Midcap Fund - Direct Plan - Growth Option Union	27.43	+2.94%	+14.46%	+13.98%	—	—	Q3	0.58	-18.7%
18	Sundaram Large and Midcap Fund Direct Plan - Growth Sundaram	95.89	+3.01%	+14.51%	+13.96%	+14.36%	+15.27%	Q3	0.59	-18.9%
19	DSP Large & Mid Cap Fund - Direct Plan - Growth DSP	673.71	-0.92%	+17.28%	+13.89%	+16.04%	+15.74%	Q3	0.76	-16.9%
20	BANK OF INDIA Large & Mid Cap Fund Direct Plan-Growth Bank of India	102.73	+4.46%	+16.08%	+13.86%	+15.65%	+13.78%	Q3	0.67	-21.2%
21	LIC MF Large & Mid Cap Fund-Direct Plan-Growth LIC	42.54	-3.75%	+15.63%	+13.55%	+15.26%	+15.67%	Q4	0.57	-18.7%
22	Navi Large & Midcap Fund- Direct Plan- Growth Option Navi	42.45	+1.59%	+12.14%	+13.27%	+14.27%	+14.71%	Q4	0.39	-18.8%
23	Mirae Asset Large & Midcap Fund - Direct Plan - Growth Mirae Asset	169.58	+3.31%	+15.33%	+12.86%	+16.73%	+17.59%	Q4	0.58	-19.5%
24	CANARA ROBECO LARGE AND MID CAP FUND - DIRECT PLAN - GROWTH OPTION Canara Robeco	277.60	-4.07%	+13.66%	+12.55%	+15.21%	+16.00%	Q4	0.53	-18.3%
25	Tata Large & MId Cap Fund -Direct Plan- Growth Option Tata	554.88	-5.66%	+9.36%	+11.41%	+13.53%	+13.46%	Q4	0.26	-21.7%
26	Franklin India Large & Mid Cap Fund - Direct - Growth Franklin India	199.59	-1.93%	+13.77%	+11.29%	+12.95%	+12.04%	Q4	0.56	-17.8%
27	Aditya Birla Sun Life Large & Mid Cap Fund - Growth - Direct Plan Aditya Birla Sun Life	1,001.91	+1.94%	+13.06%	+9.72%	+12.36%	+12.39%	Q4	0.49	-20.5%
28	Bajaj Finserv Large and Mid Cap Fund- Direct Plan- Growth Bajaj Finserv	12.21	-0.13%	—	—	—	—	—	—	—
29	Helios Large & Mid Cap Fund - Direct Plan - Growth Option Helios	11.07	+7.06%	—	—	—	—	—	—	—
30	ITI Large & Midcap Fund - Direct Plan - Growth ITI	9.60	-2.15%	—	—	—	—	—	—	—
31	JM Large & Mid Cap Fund (Direct) - Growth Option —	10.09	—	—	—	—	—	—	—	—
32	PGIM India Large and Midcap Fund - Direct Plan - Growth Option PGIM India	12.33	-0.81%	—	—	—	—	—	—	—
33	Samco Large & Mid Cap Fund - Direct Plan - Growth Option Samco	9.28	-9.03%	—	—	—	—	—	—	—
34	Whiteoak Capital Large & Mid Cap Fund Direct Plan Growth WhiteOak Capital	13.65	+4.37%	—	—	—	—	—	—	—

Direct plans typically outperform Regular plans by around 50 basis points per year because they carry no distributor commission. The "Peer Q (5Y)" column shows the fund's quartile within this category over the 5-year window: Q1 = top 25%.

Frequently asked questions

Generated from this category's live aggregates — average returns, fund counts, quartile spreads. Updated daily.

Mid Cap Funds invest at least 65% in companies ranked 101-250 by market cap. Higher growth potential than large caps, with materially more volatility and drawdowns.

We currently track 34 active Large & Mid Cap Fund schemes (Direct plan, Growth option). The list updates daily after AMFI publishes new NAVs and SEBI re-classifies schemes. 6 of them sit in the top quartile by 5-year CAGR.

Over the last 5 years, the average Large & Mid Cap Fund (Direct plan) has returned 14.97% CAGR — that turns ₹1 lakh into roughly ₹200,887. Over the last 12 months the category averaged 1.83%. Top-quartile funds in this category typically beat the average by 3-6 percentage points per year — fund selection within a category matters more than the category choice itself.

Over the trailing 5-year window, the highest-returning Large & Mid Cap Fund in our database is **Motilal Oswal Large and Midcap Fund - Direct Plan Growth** (Motilal Oswal) with a CAGR of 21.00%. The category average is 14.97%. Past performance is no guarantee of future returns — top-quartile funds in one window often slip in the next.

The best 1-year return in the Large & Mid Cap Fund category right now is **HSBC Large & Mid Cap Fund - Direct Growth** (HSBC) at 12.67%. 1-year numbers are noisy and shouldn't be the sole basis for picking — cross-check rolling returns and 5-year CAGR before deciding.

Across all Large & Mid Cap Fund schemes with 5 years of history, the 5-year CAGR ranges from 9.72% (worst) to 21.00% (best), with a median of 15.06%. That spread of about 11 percentage points between top and bottom is a useful gauge of how much fund selection matters in this category.

On ProfitGuruOnline you can browse either Large & Mid Cap Fund Direct plans (lower expense ratio, no broker commission baked in) or Regular plans (sold through distributors). Use the filter on the category page. Direct typically outperforms Regular by 0.5-1% per year in the same scheme — meaningful over 10+ years.

Large & Mid Cap Fund is classified as an Equity scheme. Held for 12 months or more: 12.5% LTCG on gains exceeding ₹1.25 lakh per FY per PAN. Held for under 12 months: 20% STCG. Rates updated by Budget 2024.

Yes. Equity categories like Large & Mid Cap Fund are well-suited to SIP because the monthly drip averages out entry timing — you buy more units when NAVs are low. Over 7+ year horizons, SIP XIRRs typically end up within 1-2 pp of lump-sum, but with much less stress.

Large & Mid Cap Fund schemes are best held 5+ years. Mid caps recover slower than large caps after corrections — short horizons amplify the risk of selling at a low.

High risk. Mid-cap drawdowns of 35-45% are normal in bear cycles. Less volatile than small cap, more than large cap.

Two or three schemes from different AMCs is usually enough for a single category. Beyond that you'd be re-creating the category average minus your selection cost. Focus on consistency (% of rolling-return windows that ended positive) over chasing top performers — top quartile rarely repeats.

Quarterly is plenty for monitoring NAVs and aggregate gain; annually (or after major regulatory changes like Budget 2024) is the right cadence for re-evaluating against alternatives. Don't churn based on 1-month or even 1-year underperformance — equity funds need 3-5 year horizons to fairly judge.

We rank funds within each category by point-to-point CAGR over the chosen window (1Y, 3Y, 5Y, 7Y, 10Y, since inception), then assign quartile and decile bands so any fund's standing relative to peers is one click away. Numbers are recomputed nightly after AMFI's NAV publish.

Daily NAVs are pulled directly from AMFI's published feed. Category classification uses SEBI's October-2017 mutual-fund categorisation circular. We compute returns, rolling-window stats, SIP backtests, drawdowns and Sharpe ratios in-house — no third-party feeds, no hidden adjustments.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.