Large & Mid Cap Funds Compared
Every large & mid cap mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty LargeMidcap 250, ranked by a stated measure, from AMFI NAVs.
As of 30 Sep 2026, there are 26 large & mid cap funds with at least 3 years of NAVs. Over 5 years their direct plans returned a median 11.7% a year. The highest 5-year return was Motilal Oswal Large and Midcap Fund at 18.3% a year.
All large & mid cap funds, ranked by 5-year return
| # | Fund | 1y | 3y | 5y | 10y | 5y regular | 5y SIP XIRR | Expense ratio (direct) | Beat index (rolling 3y) |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Motilal Oswal Large and Midcap Fund | 7.5% | 20.9% | 18.3% | — | 16.8% | 19.9% | 0.91% | 23/23 |
| 2 | Invesco India Large & Mid Cap Fund | 7.6% | 21.5% | 16.3% | 17.0% | 15.0% | 18.3% | 0.79% | 23/23 |
| 3 | Bandhan Large & Mid Cap Fund | 3.2% | 16.7% | 16.1% | 15.8% | 14.7% | 15.5% | 1.17% | 23/23 |
| 4 | Quant Large & Mid Cap Fund | 10.9% | 14.3% | 15.4% | 15.7% | 13.7% | 13.4% | 1.23% | 16/23 |
| 5 | ICICI Prudential Large & Mid Cap Fund | -0.5% | 14.0% | 14.1% | 15.1% | 13.1% | 12.8% | 1.28% | 23/23 |
| 6 | HSBC Large & Mid Cap Fund | 8.9% | 16.4% | 13.8% | — | 12.4% | 15.2% | 1.39% | 22/23 |
| 7 | HDFC Large & Mid Cap Fund | -0.8% | 11.6% | 13.3% | 14.4% | 12.4% | 11.6% | 0.92% | 23/23 |
| 8 | UTI Large & Mid Cap Fund | 1.5% | 13.7% | 13.0% | 13.7% | 12.1% | 12.7% | 1.13% | 23/23 |
| 9 | Kotak Large & Mid Cap Fund | -0.2% | 12.0% | 12.7% | 14.9% | 11.5% | 11.4% | 0.67% | 23/23 |
| 10 | SBI Large & Midcap Fund | 0.9% | 11.6% | 12.6% | 14.2% | 11.6% | 10.8% | 0.86% | 16/23 |
| 11 | Edelweiss Large & Mid Cap Fund | 2.6% | 13.1% | 12.1% | — | 10.5% | 11.6% | 0.68% | 23/23 |
| 12 | Nippon India Vision Large & Mid Cap Fund | -2.0% | 13.1% | 11.9% | 12.6% | 11.3% | 11.5% | 1.50% | 23/23 |
| 13 | Mahindra Manulife Large & Mid Cap Fund | 4.2% | 11.0% | 11.8% | — | 10.0% | 10.9% | 0.85% | 7/23 |
| 14 | Baroda BNP Paribas Large and Mid Cap fund | 2.3% | 12.8% | 11.6% | — | 10.1% | 10.9% | 1.12% | 22/23 |
| 15 | Sundaram Large and Midcap Fund | 6.9% | 13.5% | 11.6% | 14.9% | 10.4% | 12.2% | 1.35% | 5/23 |
| 16 | Axis Large & Mid Cap Fund | 5.1% | 14.3% | 11.5% | — | 10.2% | 12.6% | 0.83% | 15/23 |
| 17 | Bank Of India Large & Mid Cap Fund | 5.5% | 12.3% | 11.3% | 12.9% | 10.1% | 11.1% | 1.43% | 7/23 |
| 18 | Union Large & Midcap Fund | 4.8% | 12.2% | 11.1% | — | 9.6% | 11.5% | 1.32% | 3/23 |
| 19 | DSP Large & Mid Cap Fund | -3.0% | 11.9% | 11.0% | 14.0% | 9.9% | 10.5% | 0.79% | 23/23 |
| 20 | LIC MF Large & Mid Cap Fund | -1.0% | 12.2% | 10.4% | 13.9% | 8.9% | 9.8% | 1.56% | 11/23 |
| 21 | Navi Large & Midcap Fund | 2.5% | 8.9% | 9.9% | 13.2% | 7.8% | 8.9% | 0.67% | 0/23 |
| 22 | Mirae Asset Large & Midcap Fund | 0.9% | 10.6% | 9.8% | 15.8% | 8.8% | 9.9% | 0.85% | 6/23 |
| 23 | Canara Robeco Large and Mid Cap Fund | -2.2% | 11.5% | 9.7% | 14.6% | 8.6% | 9.5% | 0.77% | 4/23 |
| 24 | Franklin India Large & Mid Cap Fund | -3.4% | 10.2% | 8.9% | 11.3% | 8.1% | 8.4% | 1.66% | 0/23 |
| 25 | Tata Large & Mid Cap Fund | -6.1% | 6.0% | 8.7% | 12.2% | 7.5% | 6.1% | 0.78% | 4/23 |
| 26 | Aditya Birla Sun Life Large & Mid Cap Fund | 3.7% | 10.4% | 7.0% | 11.0% | 6.2% | 9.1% | 1.28% | 1/23 |
Direct plans, Growth option, to 30 Sep 2026. Funds that closed or merged are not in AMFI's current list, so the category looks a little better than investors actually did (survivorship). Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund. Other categories: all mutual fund categories.
Key takeaways
Frequently asked questions
Which large & mid cap fund has given the highest returns?
Over the 5 years to 30 Sep 2026, Motilal Oswal Large and Midcap Fund (direct plan) at 18.3% a year. Past returns do not predict future ones.
What is the average return of large & mid cap funds?
The median direct plan returned 11.7% a year over 5 years to 30 Sep 2026.