Best Large & Mid Cap Funds

Fund Name
AUM
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3Y Returns
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Ratings
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Quant Large and Mid Cap Fund

Quant Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹3,290.34 Cr.

31.2%

4

Quant Large and Mid Cap Fund IDCW Direct Plan Payout

Quant Large and Mid Cap Fund IDCW Direct Plan Payout

Equity Large & Mid Cap Fund

₹3,290.34 Cr.

31.16%

4

Quant Large and Mid Cap Fund IDCW Direct Plan Reinvestment

Quant Large and Mid Cap Fund IDCW Direct Plan Reinvestment

Equity Large & Mid Cap Fund

₹3,290.34 Cr.

31.16%

4

Quant Large and Mid Cap Fund Bonus

Quant Large and Mid Cap Fund Bonus

Equity Large & Mid Cap Fund

₹3,290.34 Cr.

29.17%

4

ICICI Prudential Large and Mid Cap Fund

ICICI Prudential Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹14,485.78 Cr.

27.39%

3

ICICI Prudential Large and Mid Cap Fund Direct Plan IDCW Reinvestment

ICICI Prudential Large and Mid Cap Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹14,485.78 Cr.

27.39%

3

ICICI Prudential Large and Mid Cap Fund Direct Plan IDCW Payout

ICICI Prudential Large and Mid Cap Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹14,485.78 Cr.

27.39%

3

Bandhan Core Equity Fund

Bandhan Core Equity Fund

Equity Large & Mid Cap Fund

₹5,360.46 Cr.

27.06%

3.5

Bandhan Core Equity Fund Direct Plan IDCW Payout

Bandhan Core Equity Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹5,360.46 Cr.

27.01%

3.5

Bandhan Core Equity Fund Direct Plan IDCW Reinvestment

Bandhan Core Equity Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹5,360.46 Cr.

27.01%

3.5

Motilal Oswal Large and Midcap Fund

Motilal Oswal Large and Midcap Fund

Equity Large & Mid Cap Fund

₹4,942.82 Cr.

26.39%

0

Motilal Oswal Large and Midcap Fund Direct IDCW Reinvestment/Reinvestment Reinvestment

Motilal Oswal Large and Midcap Fund Direct IDCW Reinvestment/Reinvestment Reinvestment

Equity Large & Mid Cap Fund

₹4,942.82 Cr.

26.35%

0

Motilal Oswal Large and Midcap Fund Direct IDCW Payout/Payout Payout

Motilal Oswal Large and Midcap Fund Direct IDCW Payout/Payout Payout

Equity Large & Mid Cap Fund

₹4,942.82 Cr.

26.35%

0

HDFC Large and Mid Cap Fund

HDFC Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹21,459.36 Cr.

26.34%

3

HDFC Large and Mid Cap Fund IDCW Direct Plan Payout

HDFC Large and Mid Cap Fund IDCW Direct Plan Payout

Equity Large & Mid Cap Fund

₹21,459.36 Cr.

26.33%

3

HDFC Large and Mid Cap Fund IDCW Direct Plan Reinvestment

HDFC Large and Mid Cap Fund IDCW Direct Plan Reinvestment

Equity Large & Mid Cap Fund

₹21,459.36 Cr.

26.33%

3

Baroda BNP Paribas Large and Mid Cap Fund

Baroda BNP Paribas Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹1,297.51 Cr.

24.46%

0

Baroda BNP Paribas Large and Mid Cap Fund Direct Plan IDCW Payout

Baroda BNP Paribas Large and Mid Cap Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹1,297.51 Cr.

24.45%

0

Baroda BNP Paribas Large and Mid Cap Fund Direct Plan IDCW Reinvestment

Baroda BNP Paribas Large and Mid Cap Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹1,297.51 Cr.

24.45%

0

UTI Large and Mid Cap Fund Direct Plan IDCW Payout

UTI Large and Mid Cap Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹3,440.75 Cr.

24.26%

3.5

UTI Large and Mid Cap Fund Direct Plan IDCW Reinvestment

UTI Large and Mid Cap Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹3,440.75 Cr.

24.26%

3.5

UTI Large and Mid Cap Fund

UTI Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹3,440.75 Cr.

24.26%

3.5

Kotak Equity Opportunities Fund

Kotak Equity Opportunities Fund

Equity Large & Mid Cap Fund

₹24,055.26 Cr.

23.77%

3

Kotak Equity Opportunities Fund Payout of IDCW Direct Payout

Kotak Equity Opportunities Fund Payout of IDCW Direct Payout

Equity Large & Mid Cap Fund

₹24,055.26 Cr.

23.77%

3

Kotak Equity Opportunities Fund Reinvestment of IDCW Direct Reinvestment

Kotak Equity Opportunities Fund Reinvestment of IDCW Direct Reinvestment

Equity Large & Mid Cap Fund

₹24,055.26 Cr.

23.77%

3

Nippon India Vision Fund

Nippon India Vision Fund

Equity Large & Mid Cap Fund

₹5,014.28 Cr.

23.6%

1.5

Nippon India Vision Fund Direct Plan Growth Bonus Reinvestment

Nippon India Vision Fund Direct Plan Growth Bonus Reinvestment

Equity Large & Mid Cap Fund

₹5,014.28 Cr.

23.6%

1.5

Mahindra Manulife Large and Mid Cap Fund Direct Plan IDCW Reinvestment

Mahindra Manulife Large and Mid Cap Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹2,380.87 Cr.

23.58%

0

Mahindra Manulife Large and Mid Cap Fund Direct Plan IDCW Payout

Mahindra Manulife Large and Mid Cap Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹2,380.87 Cr.

23.58%

0

Mahindra Manulife Large and Mid Cap Fund

Mahindra Manulife Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹2,380.87 Cr.

23.55%

0

Invesco India Large and Mid Cap Fund

Invesco India Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹5,841.17 Cr.

23.11%

3

Invesco India Large and Mid Cap Fund Direct Plan IDCW (Payout / Payout)

Invesco India Large and Mid Cap Fund Direct Plan IDCW (Payout / Payout)

Equity Large & Mid Cap Fund

₹5,841.17 Cr.

23.1%

3

Invesco India Large and Mid Cap Fund Direct Plan IDCW (Reinvestment / Reinvestment)

Invesco India Large and Mid Cap Fund Direct Plan IDCW (Reinvestment / Reinvestment)

Equity Large & Mid Cap Fund

₹5,841.17 Cr.

23.1%

3

HSBC Large and Mid Cap Fund

HSBC Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹3,382.75 Cr.

22.82%

2.5

HSBC Large and Mid Cap Fund Direct IDCW Payout

HSBC Large and Mid Cap Fund Direct IDCW Payout

Equity Large & Mid Cap Fund

₹3,382.75 Cr.

22.79%

2.5

HSBC Large and Mid Cap Fund Direct IDCW Reinvestment

HSBC Large and Mid Cap Fund Direct IDCW Reinvestment

Equity Large & Mid Cap Fund

₹3,382.75 Cr.

22.79%

2.5

LIC MF Large and Mid Cap Fund

LIC MF Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹3,000.98 Cr.

22.15%

2

LIC MF Large and Mid Cap Fund Direct Plan IDCW Payout

LIC MF Large and Mid Cap Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹3,000.98 Cr.

22.15%

2

LIC MF Large and Mid Cap Fund Direct Plan IDCW Reinvestment

LIC MF Large and Mid Cap Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹3,000.98 Cr.

22.15%

2

DSP Equity Opportunities Fund

DSP Equity Opportunities Fund

Equity Large & Mid Cap Fund

₹13,093.46 Cr.

22.03%

2.5

DSP Equity Opportunities Fund Direct Plan IDCW Payout

DSP Equity Opportunities Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹13,093.46 Cr.

22.03%

2.5

DSP Equity Opportunities Fund Direct Plan IDCW Reinvestment

DSP Equity Opportunities Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹13,093.46 Cr.

22.03%

2.5

Mirae Asset Large and Midcap Fund Direct Plan IDCW Payout

Mirae Asset Large and Midcap Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹37,846.07 Cr.

22%

3

Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment

Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹37,846.07 Cr.

22%

3

Nippon India Vision Fund Direct Plan IDCW Payout

Nippon India Vision Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹5,014.28 Cr.

22%

1.5

Nippon India Vision Fund Direct Plan IDCW Reinvestment

Nippon India Vision Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹5,014.28 Cr.

22%

1.5

Edelweiss Large and Mid Cap Fund Direct Plan IDCW Payout

Edelweiss Large and Mid Cap Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹3,393.29 Cr.

21.68%

2.5

Edelweiss Large and Mid Cap Fund Direct Plan IDCW Reinvestment

Edelweiss Large and Mid Cap Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹3,393.29 Cr.

21.68%

2.5

Edelweiss Large and Mid Cap Fund

Edelweiss Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹3,393.29 Cr.

21.68%

2.5

SBI Large and Midcap Fund Direct Plan IDCW Payout

SBI Large and Midcap Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹25,628.52 Cr.

21.55%

4.5

SBI Large and Midcap Fund Direct Plan IDCW Reinvestment

SBI Large and Midcap Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹25,628.52 Cr.

21.55%

4.5

SBI Large and Midcap Fund

SBI Large and Midcap Fund

Equity Large & Mid Cap Fund

₹25,628.52 Cr.

21.55%

4.5

Bank of India Large and Mid Cap Equity Fund

Bank of India Large and Mid Cap Equity Fund

Equity Large & Mid Cap Fund

₹348.51 Cr.

20.71%

1.5

TATA Large and Mid Cap Fund Direct Plan Payout of IDCW Payout

TATA Large and Mid Cap Fund Direct Plan Payout of IDCW Payout

Equity Large & Mid Cap Fund

₹7,967.53 Cr.

20.69%

3.5

TATA Large and Mid Cap Fund Direct Plan Reinvestment of IDCW Reinvestment

TATA Large and Mid Cap Fund Direct Plan Reinvestment of IDCW Reinvestment

Equity Large & Mid Cap Fund

₹7,967.53 Cr.

20.69%

3.5

TATA Large and Mid Cap Fund

TATA Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹7,967.53 Cr.

20.67%

3.5

Bank of India Large and Mid Cap Equity Fund Direct Plan Regular IDCW Reinvestment

Bank of India Large and Mid Cap Equity Fund Direct Plan Regular IDCW Reinvestment

Equity Large & Mid Cap Fund

₹348.51 Cr.

20.66%

1.5

Bank of India Large and Mid Cap Equity Fund Direct Plan Regular IDCW Payout

Bank of India Large and Mid Cap Equity Fund Direct Plan Regular IDCW Payout

Equity Large & Mid Cap Fund

₹348.51 Cr.

20.66%

1.5

Bank of India Large and Mid Cap Equity Fund Direct Plan Quarterly IDCW Reinvestment

Bank of India Large and Mid Cap Equity Fund Direct Plan Quarterly IDCW Reinvestment

Equity Large & Mid Cap Fund

₹348.51 Cr.

20.66%

1.5

Bank of India Large and Mid Cap Equity Fund Direct Plan Quarterly IDCW Payout

Bank of India Large and Mid Cap Equity Fund Direct Plan Quarterly IDCW Payout

Equity Large & Mid Cap Fund

₹348.51 Cr.

20.66%

1.5

Sundaram Large and Midcap Fund

Sundaram Large and Midcap Fund

Equity Large & Mid Cap Fund

₹6,859.35 Cr.

20.36%

1.5

Sundaram Large and Midcap Direct Plan IDCW Payout

Sundaram Large and Midcap Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹6,859.35 Cr.

20.36%

1.5

Sundaram Large and Midcap Direct Plan IDCW Reinvestment

Sundaram Large and Midcap Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹6,859.35 Cr.

20.36%

1.5

Navi Large and Midcap Fund

Navi Large and Midcap Fund

Equity Large & Mid Cap Fund

₹311.66 Cr.

20.05%

2

Navi Large and Midcap Fund Direct Annual IDCW Payout Payout

Navi Large and Midcap Fund Direct Annual IDCW Payout Payout

Equity Large & Mid Cap Fund

₹311.66 Cr.

20.05%

2

Navi Large and Midcap Fund Direct Annual IDCW Reinvestment Reinvestment

Navi Large and Midcap Fund Direct Annual IDCW Reinvestment Reinvestment

Equity Large & Mid Cap Fund

₹311.66 Cr.

20.05%

2

Navi Large and Midcap Fund Direct Normal IDCW Payout Payout

Navi Large and Midcap Fund Direct Normal IDCW Payout Payout

Equity Large & Mid Cap Fund

₹311.66 Cr.

20.05%

2

Navi Large and Midcap Fund Direct Normal IDCW Reinvestment Reinvestment

Navi Large and Midcap Fund Direct Normal IDCW Reinvestment Reinvestment

Equity Large & Mid Cap Fund

₹311.66 Cr.

20.05%

2

Navi Large and Midcap Fund Direct Half Yearly IDCW Payout Payout

Navi Large and Midcap Fund Direct Half Yearly IDCW Payout Payout

Equity Large & Mid Cap Fund

₹311.66 Cr.

20.05%

2

Navi Large and Midcap Fund Direct Half Yearly IDCW Reinvestment Reinvestment

Navi Large and Midcap Fund Direct Half Yearly IDCW Reinvestment Reinvestment

Equity Large & Mid Cap Fund

₹311.66 Cr.

20.05%

2

Union Large and Midcap Fund

Union Large and Midcap Fund

Equity Large & Mid Cap Fund

₹817.18 Cr.

19.93%

0

Union Large and Midcap Fund Direct Plan IDCW Reinvestment

Union Large and Midcap Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹817.18 Cr.

19.93%

0

Union Large and Midcap Fund Direct Plan IDCW Payout

Union Large and Midcap Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹817.18 Cr.

19.93%

0

Axis Growth Opportunities Fund Direct Plan IDCW Payout

Axis Growth Opportunities Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹13,274.51 Cr.

19.53%

2.5

Axis Growth Opportunities Fund Direct Plan IDCW Reinvestment

Axis Growth Opportunities Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹13,274.51 Cr.

19.53%

2.5

Axis Growth Opportunities Fund

Axis Growth Opportunities Fund

Equity Large & Mid Cap Fund

₹13,274.51 Cr.

19.52%

2.5

Mirae Asset Large and Midcap Fund

Mirae Asset Large and Midcap Fund

Equity Large & Mid Cap Fund

₹37,846.07 Cr.

19.37%

3

Canara Robeco Emerging Equities

Canara Robeco Emerging Equities

Equity Large & Mid Cap Fund

₹23,816.11 Cr.

19.14%

3.5

Canara Robeco Emerging Equities Direct Plan IDCW (Payout/Payout) Payout

Canara Robeco Emerging Equities Direct Plan IDCW (Payout/Payout) Payout

Equity Large & Mid Cap Fund

₹23,816.11 Cr.

19.14%

3.5

Canara Robeco Emerging Equities Direct Plan IDCW (Reinvestment/Reinvestment) Reinvestment

Canara Robeco Emerging Equities Direct Plan IDCW (Reinvestment/Reinvestment) Reinvestment

Equity Large & Mid Cap Fund

₹23,816.11 Cr.

19.14%

3.5

Franklin India Equity Advantage Fund

Franklin India Equity Advantage Fund

Equity Large & Mid Cap Fund

₹3,510.46 Cr.

17.63%

3

Franklin India Equity Advantage Fund Direct IDCW Payout

Franklin India Equity Advantage Fund Direct IDCW Payout

Equity Large & Mid Cap Fund

₹3,510.46 Cr.

17.61%

3

Franklin India Equity Advantage Fund Direct IDCW Reinvestment

Franklin India Equity Advantage Fund Direct IDCW Reinvestment

Equity Large & Mid Cap Fund

₹3,510.46 Cr.

17.61%

3

Aditya Birla Sun Life Equity Advantage Fund

Aditya Birla Sun Life Equity Advantage Fund

Equity Large & Mid Cap Fund

₹6,092.82 Cr.

14.1%

2

Aditya Birla Sun Life Equity Advantage Fund Direct IDCW Payout

Aditya Birla Sun Life Equity Advantage Fund Direct IDCW Payout

Equity Large & Mid Cap Fund

₹6,092.82 Cr.

14.1%

2

Aditya Birla Sun Life Equity Advantage Fund Direct IDCW Reinvestment

Aditya Birla Sun Life Equity Advantage Fund Direct IDCW Reinvestment

Equity Large & Mid Cap Fund

₹6,092.82 Cr.

14.1%

2

Bajaj Finserv Large and Mid Cap Fund

Bajaj Finserv Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹1,143.77 Cr.

0%

0

Bajaj Finserv Large and Mid Cap Fund Direct Plan IDCW Payout

Bajaj Finserv Large and Mid Cap Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹1,143.77 Cr.

0%

0

PGIM India Large and Midcap Fund Direct Plan IDCW Reinvestment

PGIM India Large and Midcap Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹466.94 Cr.

0%

0

PGIM India Large and Midcap Fund Direct Plan IDCW Payout

PGIM India Large and Midcap Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

₹466.94 Cr.

0%

0

PGIM India Large and Midcap Fund

PGIM India Large and Midcap Fund

Equity Large & Mid Cap Fund

₹466.94 Cr.

0%

0

Bajaj Finserv Large and Mid Cap Fund Direct Plan IDCW Reinvestment

Bajaj Finserv Large and Mid Cap Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

₹1,143.77 Cr.

0%

0

Whiteoak Capital Large and Mid Cap Fund

Whiteoak Capital Large and Mid Cap Fund

Equity Large & Mid Cap Fund

₹1,298.28 Cr.

0%

0

About Large & Mid Cap Mutual Funds

Large & mid-cap mutual funds invest in a mix of large-cap and mid-cap companies. Large-cap companies are the largest companies in the market by market capitalisation, while mid-cap companies are relatively smaller but still established companies.

Large and mid cap mutual funds offer investors the potential to earn higher returns than large-cap funds alone, but they also come with more risk. Mid-cap companies are more volatile and can be more susceptible to economic downturns. However, they also have the potential to grow faster than large-cap companies over the long term.

Large & mid cap mutual funds aim to combine the strengths of both large-cap and mid-cap stocks. By investing in a mix of these stocks, these funds provide investors with diversification across companies of different sizes.

How Do Large & Mid Cap Funds Work?

Large and mid-cap funds typically allocate their assets between large and mid-cap companies based on a specific investment strategy. Some funds may invest more heavily in large-cap companies, while others may invest more heavily in mid-cap companies. However, these funds spread their funds across the said market caps to provide investors with exposure to a diversified portfolio, which can help reduce risk and optimise returns over the long term.

Features of Large & Mid Cap Mutual Funds

  • Potential for competitive returns: By investing in companies of varying sizes, Large and Mid Cap funds have the potential to offer competitive returns over the long term, making them suitable for investors with a medium-term investment horizon.
  • Risk and return: Large and mid-cap mutual funds offer the potential to earn higher returns than large-cap funds alone, but they also come with more risk. Mid-cap companies are more volatile and can be more susceptible to economic downturns.
  • Transparency: Large and Mid Cap funds provide transparency regarding holdings and performance. Investors can easily access information about the fund’s portfolio and track its performance regularly.

Advantages of Investing in Large & Mid Cap Funds

  • Diversification: Large and mid-cap mutual funds offer investors the opportunity to diversify their portfolios across a range of companies of different sizes. This can help to reduce risk and increase the potential for returns.
  • Growth potential: Mid-cap companies have the potential to grow faster than large-cap companies over the long term. This can lead to higher returns for investors.
  • Liquidity: Large and mid-cap mutual funds are generally liquid, meaning investors can easily sell their funds when needed.

Risks Involved in Large & Mid Cap Funds

Large & Mid Cap funds offer a balanced approach to investing by combining large-cap and mid-cap stocks. While they have several advantages, it’s crucial to be aware of the potential risks associated with these funds:

  • Market risk: Like all equity-oriented funds, Large & Mid Cap funds are subject to market risk.
  • Volatility: Mid-cap stocks, in particular, tend to be more volatile than large-cap stocks. This volatility can lead to more substantial price swings, impacting the fund’s overall performance.
  • Company-specific risk: Investing in a mix of large-cap and mid-cap stocks exposes the fund to company-specific risks. For example, if a significant holding in the mid-cap segment underperforms, it can affect the fund’s returns.
  • Sector concentration: The fund’s allocation to specific sectors can lead to concentration risk. If a particular sector faces challenges, it can impact the fund’s performance, especially if it has significant exposure to that sector.
  • Liquidity risk: Some mid-cap stocks may have lower liquidity, which can impact the fund’s ability to buy or sell these stocks at favourable prices, especially when the fund experiences high redemption pressures.

Factors To Consider Before Investing in Large & Mid Cap Mutual Funds

  1. Investment objective and risk tolerance: Evaluate if your investment goals and risk tolerance are line with the scheme. Large and mid-cap funds are generally considered to be less risky than small-cap funds, but they are still riskier than debt funds.
  2. Investment horizon: Large and mid-cap funds are best suited for investors with a long-term investment horizon, typically at least 5 years. Therefore, you should only invest funds that you don’t require in the short term and medium term.
  3. Fund’s expense ratio: The expense ratio is the percentage of your investment that is deducted to cover the fund’s operating costs. Higher costs result in lower returns, and vice versa. But this should not be the only deciding factor.
  4. Asset allocation: Consider the fund’s asset allocation. Some funds may invest more heavily in large-cap stocks, while others may focus on mid-cap stocks.

Who Should Invest in Large & Mid Cap Mutual Funds?

Large and Mid Cap Funds can be a good investment for various investors, but they are especially well-suited for those who:

  • Have a long-term investment horizon: Large and mid-cap funds can experience volatility in the short term, but they have historically outperformed other asset classes over the long term.
  • Are willing to take on some risk: Large and mid-cap funds are riskier than other safe investment options but can offer higher returns.
  • Are looking to diversify their portfolios: Large and mid-cap funds can help investors diversify their portfolios across different sectors of the economy.
  • Have a moderate to high-risk tolerance: Large and mid-cap funds are not suitable for risk-averse investors.

Taxability of Large & Mid Cap Funds

Large & mid cap funds come under the equity-oriented funds category, which is taxed as per their holding period:

  • Short-Term Capital Gains (STCG): If the holding period of the fund is less than a year, they are considered as STCG. These gains are taxed at 15%.
  • Long-Term Capital Gains (LTCG): If the holding period of the fund is more than a year, they are considered as LTCG. If these gains are less than ₹1 lakh, they are tax-free. If they are more than ₹1 lakh, the gains are taxed at 10%.

How to Invest in Large & Mid Cap Funds?

Investing in Large & Mid Cap Funds funds through your Angel One account is a streamlined process that involves a few simple steps:

Step 1: Begin by logging in to your Angel One account using your registered mobile number. After logging in, validate the OTP (One-Time Password) for security purposes, and then enter your MPIN to access your account.

Please note that if you don’t have a Demat account with Angel One, you can open one quickly by completing the KYC (Know Your Customer) procedure and submitting the necessary documents.

Step 2: Once you’ve successfully logged in, it’s time to choose the most suitable mutual fund based on your financial needs and risk profile. You can evaluate various funds by navigating to the mutual fund section on the Angel One app. During this stage, consider the following factors:

  • Search for the specific fund you wish to invest in or take recommendations from funds listed by Angel One across different categories.
  • Analyse the fund’s historical performance, tax implications, constituent sectors, and the stocks it comprises.
  • Utilise the provided calculator to estimate potential returns.
  • Assess the level of risk associated with the fund and compare it to your risk tolerance.
  • Check the fund’s ratings assigned by reputable rating agencies, typically on a scale from 1 to 5.
  • Take note of the fund’s expense ratio, which provides insight into the cost of investing in it.

Step 3: After finalising the fund(s) you want to invest in, navigate to your Angel One account’s Mutual Funds section and search for your chosen fund. Since investing in mutual funds often involves a long-term commitment, exercise caution when selecting the fund(s) you intend to invest in. During this stage, consider the following:

  • Decide whether you want to invest a lump sum amount or set up a monthly Systematic Investment Plan (SIP).
  • Enter the investment amount you are comfortable with and choose your preferred payment method. UPI is the recommended mode, but you can also opt for net banking.
  • After placing your order, you can establish a mandate for hassle-free future instalments if you’ve chosen the SIP investment route.

Top 10 Large & Mid Cap Mutual Funds to Invest in

Name of the fund AUM (₹ in crore) Minimum Investment (₹) CAGR 3Y (%) CAGR 5Y (%)
Quant Large & Mid Cap Fund 1,111.43 5,000 30.94 20.75
Mirae Asset Emerging Bluechip 29,024.00 5,000 24.90 20.47
Kotak Equity Opp Fund 15,013.39 100 25.73 20.22
HDFC Large and Mid Cap Fund 11,197.54 100 32.25 19.40
Tata Large & Mid Cap Fund 5,331.34 5,000 24.99 19.11
Edelweiss Large & Mid Cap Fund 2,246.63 5,000 25.49 19.09
ICICI Pru Large & Mid Cap Fund 9,177.04 5,000 32.16 18.69
SBI Large & Midcap Fund 14,682.26 5,000 27.93 18.66
Navi Large & Midcap Fund 270.22 10 26.38 18.55
Canara Robeco Emerging Equities Fund 17,939.37 5,000 22.74 18.13

Note: The best 10 large & mid-cap funds are as of October 20, 2023. These funds are sorted as per the 5-year CAGR.

Quant Large & Mid Cap Fund

This large & mid-cap fund from quant Mutual Fund was launched on December 12, 2006. The expense ratio of this fund is 2.15%, and the Assets Under Management (AUM) is ₹1,111.43 crore. The minimum investment required for Quant Large & Mid Cap Fund is ₹5,000.

Mirae Asset Emerging Bluechip

Mirae Asset Mutual Fund launched Mirae Asset Emerging Bluechip Fund on July 09, 2010. The expense ratio of this fund is 1.60%, and the AUM is ₹29,024 crore. The minimum investment required for Mirae Asset Emerging Bluechip Fund is ₹5,000.

Kotak Equity Opp Fund

This fund was launched by Kotak Mahindra Mutual Fund on September 09, 2004. The expense ratio of this fund is 1.66%, and the AUM is ₹15,013.39 crore. The minimum investment required for Kotak Equity Opp Fund is ₹100.

HDFC Large and Mid Cap Fund

HDFC Mutual Fund launched HDFC Large and Mid Cap Fund on February 18, 1994. The expense ratio of this fund is 1.77%, and the AUM is ₹11,197.54 crore. The minimum investment required for HDFC Large and Mid Cap Fund is ₹100.

Tata Large & Mid Cap Fund

This fund was launched by Tata Mutual Fund on March 31, 1993. The expense ratio of this fund is 1.86%, and the AUM is ₹5,331.34 crore. The minimum investment required for Tata Large & Mid Cap Fund is ₹5,000.

Edelweiss Large & Mid Cap Fund

Edelweiss Mutual Fund launched Edelweiss Large & Mid Cap Fund on June 14, 2007. The expense ratio of this fund is 1.97%, and the AUM is ₹2,246.63 crore. The minimum investment required for Edelweiss Large & Mid Cap Fund is ₹5,000.

ICICI Pru Large & Mid Cap Fund

This fund was launched by ICICI Prudential Mutual Fund on July 09, 1998. The expense ratio of this fund is 1.80%, and the AUM is ₹9,177.04 crore. The minimum investment required for ICICI Pru Large & Mid Cap Fund is ₹5,000.

SBI Large & Midcap Fund

SBI Mutual Fund launched SBI Large & Midcap Fund on May 26, 2005. The expense ratio of this fund is 1.74%, and the AUM is ₹14,682.26 crore. The minimum investment required for SBI Large & Midcap Fund is ₹5,000.

Navi Large & Midcap Fund

This fund was launched by Navi Mutual Fund on December 07, 20158. The expense ratio of this fund is 2.26%, and the AUM is ₹270.22 crore. The minimum investment required for Navi Large & Midcap Fund is ₹10.

Canara Robeco Emerging Equities Fund

Canara Robeco Mutual Fund launched the Canara Robeco Emerging Equities Fund on March 11, 2005. The expense ratio of this fund is 1.65%, and the AUM is ₹17,939.37 crore. The minimum investment required for the Canara Robeco Emerging Equities Fund is ₹5,000.

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Large & Mid Cap Funds FAQs

Are Large & Mid Cap Funds high risk?

Large & Mid Cap Funds typically carry a moderate level of risk, making them suitable for investors with a balanced risk appetite. These funds invest in a mix of both large-cap and mid-cap stocks, aiming to provide a combination of stability and growth potential. While they are not as high-risk as pure mid-cap funds, they are riskier than large-cap funds.

Should I invest in Large & Mid Cap Mutual Funds?

Whether you should invest in Large & Mid Cap Mutual Funds depends on your financial goals and risk tolerance. If you seek a balance between potential growth and stability in your investment portfolio, these funds can be a good choice. They are suitable for investors with a medium-term investment horizon and the ability to withstand some market volatility.

What are the expected returns of Large & Mid Cap Funds?

Expected returns from Large & Mid Cap Funds can vary depending on market conditions, fund performance, and the specific stocks they hold.

What are the risks involved in investing in large & mid cap funds?

The risks involved in investing in Large & Mid Cap Funds are market risk, volatility, company-specific risks, sector concentration risk, etc.

Are large & mid cap funds taxable?

Yes. If the funds are held for less than a year, then gains are taxed at 15%. If the funds are held for over a year, and the gains are over ₹1 lakh, they are taxed at 10%.

How much money should I invest in large & mid cap funds?

The amount of money you should invest in Large & Mid Cap Funds depends on your overall financial situation, investment goals, and risk tolerance.