What are the top performing Large & MidCap funds?

Based on 1-year returns, the top performing Large & MidCap funds are HSBC Large and Mid Cap Fund - Direct Plan with 11.45% return, Quant Large and Mid Cap Fund - Direct Plan with 7.21% return, and Helios Large & Mid Cap Fund - Direct Plan with 7.06% return. The category average 1-year return is 0.61%.

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

Over a 3-year period, the best performing Large & MidCap funds are HSBC Large and Mid Cap Fund - Direct Plan with a 24.90% CAGR, Quant Large and Mid Cap Fund - Direct Plan with 23.16% CAGR, and Helios Large & Mid Cap Fund - Direct Plan with 22.83% CAGR. The category average 3-year return stands at 15.92% CAGR.

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

Over a 5-year period, the top Large & MidCap funds are HSBC Large and Mid Cap Fund - Direct Plan with a 21.25% CAGR, Quant Large and Mid Cap Fund - Direct Plan with 18.87% CAGR, and Helios Large & Mid Cap Fund - Direct Plan with 18.47% CAGR. The category average 5-year return is 15.16% 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 Plan with 5-year average rolling return of 21.17%, Canara Robeco Large and Mid Cap Fund - Direct Plan with 19.58%, and Quant Large and Mid Cap Fund - Direct Plan with 19.24%. 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 Plan with ₹ 42,337.70 crore, SBI Large & Midcap Fund - Direct Plan with ₹ 38,425.60 crore, and Kotak Large & Midcap Fund - Direct Plan with ₹ 30,251.00 crore. Together, there are 66 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 Nifty 200 Alpha 30 ETF FoF - Direct Plan has the lowest expense ratio at 0.06% (Direct Plan), followed by ICICI Prudential Nifty Alpha Low - Volatility 30 ETF FOF - Direct Plan at 0.11%. 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 66 Large & MidCap mutual funds available in India across different fund houses. You can compare all 66 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

Large & MidCap Funds

Total Schemes

No. of schemes

Total AUM

₹ 3.53Lakh Cr

As on latest

Category Return (5Y)

15.16 %

CAGR

Benchmark

14.65%

NIFTY 500 TRI

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Large & MidCap	-0.32 %	-4.64 %	0.61 %	15.92 %	15.16 %	15.26 %	-3.79 %
Benchmark	-0.29 %	-4.36 %	1.36 %	16.29 %	14.65 %	15.72 %	-4.10 %

Top Large & MidCap Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
Mirae Asset Large & Midcap Fund - Direct PlanNAV: ₹169.50	42,337.70 Cr	3.48%	15.67%	13.10%	0.58%
SBI Large & Midcap Fund - Direct PlanNAV: ₹689.82	38,425.60 Cr	6.08%	16.00%	15.62%	0.75%
Kotak Large & Midcap Fund - Direct PlanNAV: ₹386.83	30,251.00 Cr	1.63%	16.33%	15.50%	0.57%
ICICI Prudential Large & Mid Cap Fund - Direct PlanNAV: ₹1,110.10	29,757.20 Cr	0.66%	18.49%	18.47%	0.76%
HDFC Large and Mid Cap Fund - Direct PlanNAV: ₹348.95	28,255.30 Cr	0.46%	17.10%	16.73%	0.89%
Canara Robeco Large and Mid Cap Fund - Direct PlanNAV: ₹276.28	24,674.90 Cr	-4.11%	13.84%	12.94%	0.80%
DSP Large & Mid Cap Fund - Direct PlanNAV: ₹671.97	17,331.00 Cr	-1.08%	17.64%	14.21%	0.84%
Motilal Oswal Large and Midcap Fund - Direct PlanNAV: ₹37.93	16,776.60 Cr	4.02%	24.90%	21.25%	1.15%
Bandhan Large & Mid Cap Fund - Direct PlanNAV: ₹160.94	16,671.90 Cr	6.25%	22.83%	18.87%	0.52%
Axis Large & Mid Cap Fund - Direct PlanNAV: ₹36.86	15,581.50 Cr	5.46%	16.86%	15.38%	0.66%
Invesco India Large & Mid Cap Fund - Direct PlanNAV: ₹118.64	9,761.15 Cr	4.77%	23.16%	18.13%	1.58%
UTI Nifty200 Momentum 30 Index Fund - Direct PlanNAV: ₹20.77	8,397.34 Cr	-1.70%	14.28%	12.39%	0.49%
Tata Large & Mid Cap Fund - Direct PlanNAV: ₹553.43	7,802.21 Cr	-5.85%	9.57%	11.72%	0.71%
Nippon India Vision Large & Mid Cap Fund - Direct PlanNAV: ₹1,555.75	7,080.91 Cr	1.59%	18.18%	15.91%	1.14%
Sundaram Large and Mid Cap Fund - Direct PlanNAV: ₹95.61	6,574.82 Cr	2.95%	14.89%	13.73%	0.78%

Large & MidCap vs Other Categories

5Y CAGR Return Comparison

15.82%

15.73%

15.16%

15.13%

14.55%

Thematic-Energy

Multi Cap

Large & MidCap

Value Oriented

Sectoral-Pharma

Key Insights

Large & MidCap delivered 15.16% CAGR over the last 5 years.

It ranks #11 out of 24 categories based on 5Y performance.

Above the category average return of 15.13%.

10 categories outperform it, while 13 categories have lower returns.

Top performer: Thematic-PSU (24.47%).

Lowest performer: Sectoral-Technology (8.85%).

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 Plan

Fund Performance: Mirae Asset Large & Midcap Fund - Direct Plan has given 15.67% annualized returns in the past three years and 13.10% in the last 5 years. The Mirae Asset Large & Midcap Fund - Direct Plan 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 Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 99.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 42,337.70Cr

1Y Returns

3.48%

Expense Ratio

0.58%

SBI Large & Midcap Fund - Direct Plan

Fund Performance: SBI Large & Midcap Fund - Direct Plan has given 16.00% annualized returns in the past three years and 15.62% in the last 5 years. The SBI Large & Midcap Fund - Direct Plan 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 via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 38,425.60Cr

1Y Returns

6.08%

Expense Ratio

0.75%

Kotak Large & Midcap Fund - Direct Plan

Fund Performance: Kotak Large & Midcap Fund - Direct Plan has given 16.33% annualized returns in the past three years and 15.50% in the last 5 years. The Kotak Large & Midcap Fund - Direct Plan comes under the Equity category of Kotak Mahindra Mutual Fund.

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

Min Investment Amt

₹ 100.00

AUM

₹ 30,251.00Cr

1Y Returns

1.63%

Expense Ratio

0.57%

ICICI Prudential Large & Mid Cap Fund - Direct Plan

Fund Performance: ICICI Prudential Large & Mid Cap Fund - Direct Plan has given 18.49% annualized returns in the past three years and 18.47% in the last 5 years. The ICICI Prudential Large & Mid Cap Fund - Direct Plan 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 via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 29,757.20Cr

1Y Returns

0.66%

Expense Ratio

0.76%

HDFC Large and Mid Cap Fund - Direct Plan

Fund Performance: HDFC Large and Mid Cap Fund - Direct Plan has given 17.10% annualized returns in the past three years and 16.73% in the last 5 years. The HDFC Large and Mid Cap Fund - Direct Plan comes under the Equity category of HDFC Mutual Fund.

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

Min Investment Amt

₹ 100.00

AUM

₹ 28,255.30Cr

1Y Returns

0.46%

Expense Ratio

0.89%

Canara Robeco Large and Mid Cap Fund - Direct Plan

Fund Performance: Canara Robeco Large and Mid Cap Fund - Direct Plan has given 13.84% annualized returns in the past three years and 12.94% in the last 5 years. The Canara Robeco Large and Mid Cap Fund - Direct Plan 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 Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 24,674.90Cr

1Y Returns

-4.11%

Expense Ratio

0.80%

DSP Large & Mid Cap Fund - Direct Plan

Fund Performance: DSP Large & Mid Cap Fund - Direct Plan has given 17.64% annualized returns in the past three years and 14.21% in the last 5 years. The DSP Large & Mid Cap Fund - Direct Plan 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 via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 17,331.00Cr

1Y Returns

-1.08%

Expense Ratio

0.84%

Motilal Oswal Large and Midcap Fund - Direct Plan

Fund Performance: Motilal Oswal Large and Midcap Fund - Direct Plan has given 24.90% annualized returns in the past three years and 21.25% in the last 5 years. The Motilal Oswal Large and Midcap Fund - Direct Plan 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 Plan via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 500.00

AUM

₹ 16,776.60Cr

1Y Returns

4.02%

Expense Ratio

1.15%

Bandhan Large & Mid Cap Fund - Direct Plan

Fund Performance: Bandhan Large & Mid Cap Fund - Direct Plan has given 22.83% annualized returns in the past three years and 18.87% in the last 5 years. The Bandhan Large & Mid Cap Fund - Direct Plan 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 Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 16,671.90Cr

1Y Returns

6.25%

Expense Ratio

0.52%

Axis Large & Mid Cap Fund - Direct Plan

Fund Performance: Axis Large & Mid Cap Fund - Direct Plan has given 16.86% annualized returns in the past three years and 15.38% in the last 5 years. The Axis Large & Mid Cap Fund - Direct Plan 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 Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 15,581.50Cr

1Y Returns

5.46%

Expense Ratio

0.66%

Invesco India Large & Mid Cap Fund - Direct Plan

Fund Performance: Invesco India Large & Mid Cap Fund - Direct Plan has given 23.16% annualized returns in the past three years and 18.13% in the last 5 years. The Invesco India Large & Mid Cap Fund - Direct Plan 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 Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 9,761.15Cr

1Y Returns

4.77%

Expense Ratio

1.58%

UTI Nifty200 Momentum 30 Index Fund - Direct Plan

Fund Performance: UTI Nifty200 Momentum 30 Index Fund - Direct Plan has given 14.28% annualized returns in the past three years and 12.39% in the last 5 years. The UTI Nifty200 Momentum 30 Index Fund - Direct Plan comes under the Equity category of UTI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in UTI Nifty200 Momentum 30 Index Fund - Direct Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 8,397.34Cr

1Y Returns

-1.70%

Expense Ratio

0.49%

Tata Large & Mid Cap Fund - Direct Plan

Fund Performance: Tata Large & Mid Cap Fund - Direct Plan has given 9.57% annualized returns in the past three years and 11.72% in the last 5 years. The Tata Large & Mid Cap Fund - Direct Plan 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 via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 7,802.21Cr

1Y Returns

-5.85%

Expense Ratio

0.71%

Nippon India Vision Large & Mid Cap Fund - Direct Plan

Fund Performance: Nippon India Vision Large & Mid Cap Fund - Direct Plan has given 18.18% annualized returns in the past three years and 15.91% in the last 5 years. The Nippon India Vision Large & Mid Cap Fund - Direct Plan 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 Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 7,080.91Cr

1Y Returns

1.59%

Expense Ratio

1.14%

Sundaram Large and Mid Cap Fund - Direct Plan

Fund Performance: Sundaram Large and Mid Cap Fund - Direct Plan has given 14.89% annualized returns in the past three years and 13.73% in the last 5 years. The Sundaram Large and Mid Cap Fund - Direct Plan 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 Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 6,574.82Cr

1Y Returns

2.95%

Expense Ratio

0.78%