What are the top performing Large & MidCap funds?

Based on 1-year returns, the top performing Large & MidCap funds are Quant Large and Mid Cap Fund Direct-Growth with 0.83% return, HSBC Large and Mid Cap Fund Direct-Growth with -0.43% return, and Axis Large & Mid Cap Fund Direct-Growth with -1.75% return. The category average 1-year return is -7.41%.

Which Large & MidCap funds have given the best returns over 3 years?

Over a 3-year period, the best performing Large & MidCap funds are Quant Large and Mid Cap Fund Direct-Growth with a 19.63% CAGR, HSBC Large and Mid Cap Fund Direct-Growth with 19.31% CAGR, and Axis Large & Mid Cap Fund Direct-Growth with 15.94% CAGR. The category average 3-year return stands at 10.99% CAGR.

Which Large & MidCap funds have given the best returns over 5 years?

Over a 5-year period, the top Large & MidCap funds are Quant Large and Mid Cap Fund Direct-Growth with a 16.70% CAGR, HSBC Large and Mid Cap Fund Direct-Growth with 14.60% CAGR, and Axis Large & Mid Cap Fund Direct-Growth with 14.29% CAGR. The category average 5-year return is 9.80% CAGR.

Which are the best Large & MidCap funds for SIP investment?

Based on average 5-year rolling returns, the best Large & MidCap funds for SIP are Mirae Asset Large & Midcap Fund Direct-Growth with 5-year average rolling return of 20.77%, Canara Robeco Large and Mid Cap Fund Direct-Growth with 19.25%, and Quant Large and Mid Cap Fund Direct-Growth with 19.16%. You can start a SIP in Large & MidCap funds with as little as ₹99 per month.

What are the largest Large & MidCap mutual funds by assets?

The largest Large & MidCap funds by Assets Under Management (AUM) are Mirae Asset Large & Midcap Fund Direct-Growth with ₹ 42,834.10 crore, SBI Large & Midcap Fund Direct Plan-Growth with ₹ 40,498.50 crore, and ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth with ₹ 31,628.20 crore. Together, there are 44 Large & MidCap funds available in India.

What is the minimum amount to invest in Large & MidCap funds?

You can start investing in Large & MidCap funds with a minimum SIP of ₹99 per month or a minimum lumpsum of ₹100. The minimum investment varies across fund houses — some funds allow even lower entry points.

How are Large & MidCap fund returns taxed?

Gains from Large & MidCap funds held for less than 12 months are taxed at 20% (Short-Term Capital Gains). Gains on units held for 12 months or more are taxed at 12.5% (Long-Term Capital Gains), with ₹1.25 lakh per year being exempt per financial year. Dividends (IDCW) are taxed at your applicable income tax slab rate.

Which Large & MidCap funds have the lowest expense ratio?

Among Large & MidCap funds, Mirae Asset BSE 200 Equal Weight ETF FoF Direct-Growth has the lowest expense ratio at 0.11% (Direct Plan), followed by Groww Nifty 200 ETF FoF Direct-Growth at 0.17%. Lower expense ratios directly improve your net returns over the long term.

How many Large & MidCap mutual funds are available in India?

There are currently 44 Large & MidCap mutual funds available in India across different fund houses. You can compare all 44 funds on Sharpely based on returns, risk, AUM, and expense ratio to find the one that suits your investment goals.

mutual funds category

Large Midcap

Best Large & Mid Cap Funds 2026

Total Schemes

No. of schemes

Total AUM

₹ 3.57Lakh Cr

As on latest

Category Return (5Y)

9.80 %

CAGR

Benchmark

9.70%

NIFTY 500 TRI

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Large & MidCap	-7.96 %	-4.82 %	-7.41 %	10.99 %	9.80 %	13.29 %	-7.38 %
Benchmark	-7.41 %	-6.05 %	-7.96 %	10.60 %	9.70 %	13.50 %	-9.09 %

Top Large & MidCap Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
Mirae Asset Large & Midcap Fund Direct-GrowthNAV: ₹163.09	42,834.10 Cr	-7.34%	10.35%	8.42%	0.87%
SBI Large & Midcap Fund Direct Plan-GrowthNAV: ₹646.96	40,498.50 Cr	-4.56%	11.13%	11.19%	0.86%
ICICI Prudential Large & Mid Cap Fund Direct Plan-GrowthNAV: ₹1,037.52	31,628.20 Cr	-11.36%	11.98%	11.66%	1.27%
Kotak Large & Mid Cap Fund Direct-GrowthNAV: ₹374.50	30,581.50 Cr	-7.34%	11.54%	11.68%	0.66%
HDFC Large & Mid Cap Fund Direct-GrowthNAV: ₹337.31	28,542.70 Cr	-8.38%	11.16%	11.54%	0.92%
Canara Robeco Large and Mid Cap Fund Direct-GrowthNAV: ₹275.55	24,578.30 Cr	-7.73%	11.32%	8.65%	0.78%
Bandhan Large & Mid Cap Fund Direct-GrowthNAV: ₹154.34	20,650.20 Cr	-4.87%	15.94%	14.29%	1.14%
Motilal Oswal Large and Midcap Fund Direct-GrowthNAV: ₹37.24	19,832.30 Cr	-2.72%	19.31%	16.70%	0.90%
DSP Large & Mid Cap Fund Direct Plan-GrowthNAV: ₹648.57	17,284.50 Cr	-7.96%	12.19%	10.20%	0.75%
Axis Large & Mid Cap Fund Direct-GrowthNAV: ₹36.39	16,438.30 Cr	-1.75%	13.14%	10.29%	0.83%
Invesco India Large & Mid Cap Fund Direct-GrowthNAV: ₹119.77	12,177.90 Cr	-3.12%	19.63%	14.60%	0.79%
Nippon India Vision Large & Mid Cap Direct-GrowthNAV: ₹1,477.57	7,410.61 Cr	-8.43%	12.57%	10.55%	1.50%
Tata Large & Mid Cap Fund Direct Plan-GrowthNAV: ₹516.98	7,254.11 Cr	-14.60%	5.07%	7.41%	0.78%
Sundaram Large and Mid Cap Fund Direct-GrowthNAV: ₹94.24	7,131.29 Cr	-4.87%	11.78%	9.20%	1.30%
UTI Large & Mid Cap Fund Direct-GrowthNAV: ₹185.69	6,219.89 Cr	-5.24%	13.39%	11.72%	1.14%

Large & MidCap vs Other Categories

5Y CAGR Return Comparison

10.43%

9.86%

9.80%

9.69%

9.39%

Thematic-Innovation

Thematic-Consumption

Large & MidCap

Thematic-Quant

Sectoral-Banking & Financial Services

Key Insights

Large & MidCap delivered 9.80% CAGR over the last 5 years.

It ranks #17 out of 28 categories based on 5Y performance.

Below the category average return of 11.02%.

16 categories outperform it, while 11 categories have lower returns.

Top performer: Sectoral-Auto & Transportation (17.76%).

Lowest performer: Sectoral-Technology (4.60%).

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

Mirae Asset Large & Midcap Fund Direct-Growth

Fund Performance: Mirae Asset Large & Midcap Fund Direct-Growth has given 10.35% annualized returns in the past three years and 8.42% in the last 5 years. The Mirae Asset Large & Midcap Fund Direct-Growth comes under the Equity category of Mirae Asset Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Large & Midcap Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 99.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 42,834.10Cr

1Y Returns

-7.34%

Expense Ratio

0.87%

SBI Large & Midcap Fund Direct Plan-Growth

Fund Performance: SBI Large & Midcap Fund Direct Plan-Growth has given 11.13% annualized returns in the past three years and 11.19% in the last 5 years. The SBI Large & Midcap Fund Direct Plan-Growth comes under the Equity category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Large & Midcap Fund Direct Plan-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 40,498.50Cr

1Y Returns

-4.56%

Expense Ratio

0.86%

ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth

Fund Performance: ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth has given 11.98% annualized returns in the past three years and 11.66% in the last 5 years. The ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth comes under the Equity category of ICICI Prudential Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 500.00

AUM

₹ 31,628.20Cr

1Y Returns

-11.36%

Expense Ratio

1.27%

Kotak Large & Mid Cap Fund Direct-Growth

Fund Performance: Kotak Large and Mid Cap Fund has given 11.54% annualized returns in the past three years and 11.68% in the last 5 years. The Kotak Large & Mid Cap Fund Direct-Growth comes under the Equity category of Kotak Mahindra Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Kotak Large & Mid Cap Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 30,581.50Cr

1Y Returns

-7.34%

Expense Ratio

0.66%

HDFC Large & Mid Cap Fund Direct-Growth

Fund Performance: HDFC Large & Mid Cap Fund Direct-Growth has given 11.16% annualized returns in the past three years and 11.54% in the last 5 years. The HDFC Large & Mid Cap Fund Direct-Growth comes under the Equity category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC Large & Mid Cap Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 28,542.70Cr

1Y Returns

-8.38%

Expense Ratio

0.92%

Canara Robeco Large and Mid Cap Fund Direct-Growth

Fund Performance: Canara Robeco Large and Mid Cap Fund Direct-Growth has given 11.32% annualized returns in the past three years and 8.65% in the last 5 years. The Canara Robeco Large and Mid Cap Fund Direct-Growth comes under the Equity category of Canara Robeco Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Canara Robeco Large and Mid Cap Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 24,578.30Cr

1Y Returns

-7.73%

Expense Ratio

0.78%

Bandhan Large & Mid Cap Fund Direct-Growth

Fund Performance: Bandhan Large & Mid Cap Fund Direct-Growth has given 15.94% annualized returns in the past three years and 14.29% in the last 5 years. The Bandhan Large & Mid Cap Fund Direct-Growth comes under the Equity category of Bandhan Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Bandhan Large & Mid Cap Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 20,650.20Cr

1Y Returns

-4.87%

Expense Ratio

1.14%

Motilal Oswal Large and Midcap Fund Direct-Growth

Fund Performance: Motilal Oswal Large and Midcap Fund Direct-Growth has given 19.31% annualized returns in the past three years and 16.70% in the last 5 years. The Motilal Oswal Large and Midcap Fund Direct-Growth comes under the Equity category of Motilal Oswal Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Motilal Oswal Large and Midcap Fund Direct-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 500.00

AUM

₹ 19,832.30Cr

1Y Returns

-2.72%

Expense Ratio

0.90%

DSP Large & Mid Cap Fund Direct Plan-Growth

Fund Performance: DSP Large & Mid Cap Fund Direct Plan-Growth has given 12.19% annualized returns in the past three years and 10.20% in the last 5 years. The DSP Large & Mid Cap Fund Direct Plan-Growth comes under the Equity category of DSP Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in DSP Large & Mid Cap Fund Direct Plan-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 17,284.50Cr

1Y Returns

-7.96%

Expense Ratio

0.75%

Axis Large & Mid Cap Fund Direct-Growth

Fund Performance: Axis Large & Mid Cap Fund Direct-Growth has given 13.14% annualized returns in the past three years and 10.29% in the last 5 years. The Axis Large & Mid Cap Fund Direct-Growth comes under the Equity category of Axis Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Axis Large & Mid Cap Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 16,438.30Cr

1Y Returns

-1.75%

Expense Ratio

0.83%

Invesco India Large & Mid Cap Fund Direct-Growth

Fund Performance: Invesco India Large & Mid Cap Fund Direct-Growth has given 19.63% annualized returns in the past three years and 14.60% in the last 5 years. The Invesco India Large & Mid Cap Fund Direct-Growth comes under the Equity category of Invesco Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Invesco India Large & Mid Cap Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 12,177.90Cr

1Y Returns

-3.12%

Expense Ratio

0.79%

Nippon India Vision Large & Mid Cap Direct-Growth

Fund Performance: Nippon India Vision Large & Mid Cap Direct-Growth has given 12.57% annualized returns in the past three years and 10.55% in the last 5 years. The Nippon India Vision Large & Mid Cap Direct-Growth comes under the Equity category of Nippon India Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Vision Large & Mid Cap Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 7,410.61Cr

1Y Returns

-8.43%

Expense Ratio

1.50%

Tata Large & Mid Cap Fund Direct Plan-Growth

Fund Performance: Tata Large & Mid Cap Fund Direct Plan-Growth has given 5.07% annualized returns in the past three years and 7.41% in the last 5 years. The Tata Large & Mid Cap Fund Direct Plan-Growth comes under the Equity category of Tata Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Tata Large & Mid Cap Fund Direct Plan-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 7,254.11Cr

1Y Returns

-14.60%

Expense Ratio

0.78%

Sundaram Large and Mid Cap Fund Direct-Growth

Fund Performance: Sundaram Large and Mid Cap Fund Direct-Growth has given 11.78% annualized returns in the past three years and 9.20% in the last 5 years. The Sundaram Large and Mid Cap Fund Direct-Growth comes under the Equity category of Sundaram Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Sundaram Large and Mid Cap Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 7,131.29Cr

1Y Returns

-4.87%

Expense Ratio

1.30%

UTI Large & Mid Cap Fund Direct-Growth

Fund Performance: UTI Large & Mid Cap Fund Direct-Growth has given 13.39% annualized returns in the past three years and 11.72% in the last 5 years. The UTI Large & Mid Cap Fund Direct-Growth comes under the Equity category of UTI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in UTI Large & Mid Cap Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 6,219.89Cr

1Y Returns

-5.24%

Expense Ratio

1.14%