Large Cap Funds Compared
Every large cap mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty 100, ranked by a stated measure, from AMFI NAVs.
As of 30 Sep 2026, there are 30 large cap funds with at least 3 years of NAVs. Over 5 years their direct plans returned a median 8.4% a year, against 6.8% for the Nifty 100 index; 22 of 27 beat it. The highest 5-year return was Nippon India Large Cap Fund at 12.0% a year.
All large 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 | Nippon India Large Cap Fund | -5.6% | 9.8% | 12.0% | 13.8% | 11.1% | 9.7% | 0.88% | 49/49 |
| 2 | Invesco India Large Cap Fund | 1.4% | 12.9% | 10.6% | 13.4% | 9.1% | 10.9% | 0.93% | 43/49 |
| 3 | ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) | -6.2% | 9.5% | 10.2% | 13.1% | 9.6% | 8.1% | 1.01% | 49/49 |
| 4 | Taurus Large Cap Fund | 7.5% | 12.6% | 10.1% | 10.2% | 9.9% | 10.9% | 2.54% | 31/49 |
| 5 | Bandhan Large Cap Fund | -0.7% | 11.8% | 9.8% | 12.7% | 8.5% | 9.4% | 1.06% | 36/49 |
| 6 | JM Large Cap Fund | -1.4% | 9.6% | 9.7% | 11.4% | 8.4% | 8.2% | 1.18% | 39/49 |
| 7 | HDFC Large Cap Fund | -4.5% | 7.7% | 9.7% | 12.0% | 9.0% | 7.3% | 1.04% | 46/49 |
| 8 | Edelweiss Large Cap Fund | -2.4% | 9.2% | 9.3% | 12.8% | 7.7% | 8.2% | 1.00% | 49/49 |
| 9 | Bank Of India Large Cap Fund | 3.8% | 11.9% | 9.2% | — | 7.8% | 10.1% | 1.30% | 28/28 |
| 10 | Tata Large Cap Fund | -3.4% | 9.0% | 8.5% | 11.6% | 7.4% | 7.4% | 1.26% | 46/49 |
| 11 | DSP Large Cap Fund | -6.6% | 9.6% | 8.5% | 10.4% | 7.6% | 7.9% | 1.21% | 34/49 |
| 12 | HSBC Large Cap Fund | -0.9% | 9.3% | 8.5% | 11.8% | 7.5% | 7.9% | 1.43% | 36/49 |
| 13 | SBI Large Cap Fund | -1.6% | 8.3% | 8.4% | 11.6% | 7.7% | 7.6% | 0.90% | 45/49 |
| 14 | Groww Large Cap Fund | -3.3% | 9.4% | 8.4% | 11.2% | 7.0% | 7.5% | 1.69% | 34/49 |
| 15 | Kotak Large Cap Fund | -4.4% | 9.2% | 8.4% | 12.4% | 7.1% | 7.5% | 0.76% | 49/49 |
| 16 | Aditya Birla Sun Life Large Cap Fund | -4.5% | 8.5% | 8.2% | 11.4% | 7.5% | 7.2% | 1.04% | 49/49 |
| 17 | Canara Robeco Large Cap Fund | -5.0% | 9.2% | 8.2% | 13.4% | 6.9% | 7.3% | 0.63% | 46/49 |
| 18 | ITI Large Cap Fund | -0.1% | 10.0% | 8.1% | — | 6.0% | 8.3% | 0.95% | 35/35 |
| 19 | Mahindra Manulife Large Cap Fund | -5.9% | 7.4% | 7.7% | — | 5.9% | 6.1% | 1.08% | 48/49 |
| 20 | Sundaram Large Cap Fund ( Formerly Know as Sundaram Blue Chip Fund) | -3.1% | 6.8% | 7.3% | — | 5.9% | 6.0% | 0.87% | 20/37 |
| 21 | Mirae Asset Large Cap Fund | -4.0% | 7.5% | 7.0% | 12.4% | 6.0% | 6.4% | 0.77% | 21/49 |
| 22 | Franklin India Large Cap Fund | -4.6% | 8.5% | 6.9% | 10.4% | 6.1% | 6.5% | 1.48% | 31/49 |
| 23 | Union Largecap Fund | -4.8% | 6.6% | 6.4% | — | 5.6% | 5.3% | 1.68% | 14/49 |
| 24 | PGIM India Large Cap Fund | -4.4% | 6.8% | 6.1% | 10.5% | 4.5% | 5.8% | 1.09% | 7/49 |
| 25 | UTI - Large Cap Fund | -6.4% | 6.3% | 6.0% | 11.0% | 5.1% | 4.9% | 1.19% | 12/49 |
| 26 | LIC MF Large Cap Fund | -5.7% | 7.3% | 5.6% | 10.3% | 4.5% | 5.0% | 1.39% | 0/49 |
| 27 | Axis Large Cap Fund | -3.8% | 8.0% | 5.0% | 12.1% | 4.0% | 5.5% | 0.94% | 4/49 |
| — | Baroda BNP Paribas Large Cap Fund | -1.3% | 10.4% | — | — | — | — | 0.89% | 20/20 |
| — | WhiteOak Capital Large Cap Fund | -2.0% | 12.1% | — | — | — | — | 0.92% | — |
| — | quant Large Cap Fund | 4.9% | 12.8% | — | — | — | — | 1.53% | 15/15 |
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.
How many large cap funds beat the Nifty 100?
22 of the 27 funds with 5 years of history beat the Nifty 100 index (through a low-cost index fund) over 5 years. Compare any one fund with its index over every 3-year stretch on the mutual fund vs index fund page.
Key takeaways
Frequently asked questions
Which large cap fund has given the highest returns?
Over the 5 years to 30 Sep 2026, Nippon India Large Cap Fund (direct plan) at 12.0% a year. Past returns do not predict future ones.
What is the average return of large cap funds?
The median direct plan returned 8.4% a year over 5 years to 30 Sep 2026.
Do large cap funds beat the index?
22 of 27 did over 5 years, before tax; an index fund is the low-cost alternative.