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Best Large And Mid Cap Mutual Funds English

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Best Large And Mid Cap Mutual Funds

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The below table shows a list Of the Best Large and Mid Cap Mutual Funds Based on AUM, NAV, and minimum SIP.

NameAUM (Cr)NAV (Rs)Minimum SIP (Rs)
Mirae Asset Large & Midcap Fund37846.07169.21500
SBI Large & Midcap Fund27382.12651.571500
Kotak Equity Opp Fund24055.26387.41100
Canara Rob Emerg Equities Fund23816.11288.912000
HDFC Large and Mid Cap Fund21459.36356.011500
ICICI Pru Large & Mid Cap Fund14485.781075.42100
DSP Equity Opportunities Fund13938.79687.97100
Axis Growth Opp Fund13883.2835.25100
Tata Large & Mid Cap Fund7967.53605.53100
Sundaram Large and Mid Cap Fund7039.4095.67100

Introduction To Large And Mid Cap Mutual Funds

Mirae Asset Large & Midcap Fund

Mirae Asset Large & Midcap Fund is a Large & MidCap mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.

Mirae Asset Large & Midcap Fund is a Large & Mid Cap Fund with an AUM of ₹37,846.07 Crores, a 5-year CAGR of 25.86%, an exit load of 1%, and an expense ratio of 0.58%. SEBI categorizes it under Very High Risk. The asset allocation is as follows: 0.80% in Cash & Equivalents and 99.20% in Equity.

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SBI Large & Midcap Fund

SBI Large & Midcap Fund is a Large & MidCap mutual fund scheme from SBI Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.

SBI Large & Midcap Fund is a Large & Mid Cap Fund with an AUM of ₹27,382.12 Crores, a 5-year CAGR of 25.62%, an exit load of 0.1%, and an expense ratio of 0.72%. SEBI categorizes it under Very High Risk. The asset allocation is 5.29% in Cash & Equivalents and 94.71% in Equity.

Kotak Equity Opportunities Fund

Kotak Equity Opportunities Fund is a Large & MidCap mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.

Kotak Equity Opp Fund is a Large & Mid Cap Fund with an AUM of ₹24,055.26 Crores, a 5-year CAGR of 26.32%, an exit load of 1%, and an expense ratio of 0.47%. SEBI categorizes it under Very High Risk. The asset allocation is as follows: 0.31% in Cash & Equivalents, 98.45% in Equity, and 1.24% in Others.

Canara Robeco Emerging Equities Fund

Canara Robeco Emerging Equities Fund is a Large & MidCap mutual fund scheme from Canara Robeco Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.

Canara Rob Emerg Equities Fund is a Large & Mid Cap Fund with an AUM of ₹23,816.11 Crores, a 5-year CAGR of 26.10%, an exit load of 1%, and an expense ratio of 0.55%. SEBI categorizes it under Very High Risk. The asset allocation is 2.08% in Cash & Equivalents and 97.92% in Equity.

HDFC Large and Mid Cap Fund

HDFC Large and Mid Cap Fund is a Large & MidCap mutual fund scheme from HDFC Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.

HDFC Large and Mid Cap Fund is a Large & Mid Cap Fund with an AUM of ₹21,459.36 Crores, a 5-year CAGR of 27.77%, an exit load of 1%, and an expense ratio of 0.82%. SEBI categorizes it under Very High Risk. The asset allocation includes 1.98% in Cash & Equivalents, 97.46% in Equity, and 0.56% in Others.

ICICI Prudential Large & Mid Cap Fund

ICICI Prudential Large & Mid Cap Fund is a Large & MidCap mutual fund scheme from ICICI Prudential Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.

ICICI Pru Large & Mid Cap Fund is a Large & Mid Cap Fund with an AUM of ₹14,485.78 Crores, a 5-year CAGR of 27.61%, an exit load of 1%, and an expense ratio of 0.82%. SEBI categorizes it under Very High Risk. The asset allocation includes 3.83% in Cash & Equivalents, 94.89% in Equity, and 1.28% in Others.

DSP Equity Opportunities Fund

DSP Equity Opportunities Fund is a Large & MidCap mutual fund scheme from DSP Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.

DSP Equity Opportunities Fund is a Large & Mid Cap Fund with an AUM of ₹13,938.79 Crores, a 5-year CAGR of 25.91%, an exit load of 1%, and an expense ratio of 0.67%. SEBI categorizes it under Very High Risk. The asset allocation includes 2.82% in Cash & Equivalents, 96.99% in Equity, and 0.19% in Others.

Axis Growth Opportunities Fund

Axis Growth Opportunities Fund is a Large & MidCap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 5 years and 11 months, having been launched on 01/10/2018.

Axis Growth Opp Fund is a Large & Mid Cap Fund with an AUM of ₹13,883.28 Crores, a 5-year CAGR of 26.67%, an exit load of 1%, and an expense ratio of 0.56%. SEBI categorizes it under Very High Risk. The asset allocation includes 1.84% in Cash & Equivalents, 97.56% in Equity, and 0.60% in Others.

Tata Large & Mid Cap Fund

Tata Large & Mid Cap Fund is a Large & MidCap mutual fund scheme from Tata Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.

Tata Large & Mid Cap Fund is a Large & Mid Cap Fund with an AUM of ₹7,967.53 Crores, a 5-year CAGR of 23.39%, an exit load of 1%, and an expense ratio of 0.70%. SEBI categorizes it under Very High Risk. The asset allocation includes 4.79% in Cash & Equivalents, 95.06% in Equity, and 0.15% in Others.

Sundaram Large and Mid Cap Fund

Sundaram Large and Mid Cap Fund is a Large & MidCap mutual fund scheme from Sundaram Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.

Sundaram Large and Mid Cap Fund is a Large & Mid Cap Fund with AUM of ₹7,039.40 Crores, a 5-year CAGR of 23.16%, an exit load of 1%, and an expense ratio of 0.72%. SEBI categorizes it under Very High Risk. The asset allocation includes 5.11% in Cash & Equivalents and 94.89% in Equity.

Large And Mid Cap Mutual Funds Meaning

Large and Mid Cap Mutual Funds are equity funds that invest in a mix of large-cap and mid-cap stocks. As per SEBI regulations, these funds must allocate at least 35% of their assets to large-cap stocks and at least 35% to mid-cap stocks, with the remaining 30% invested flexibly.

These funds aim to provide a balance between the stability of large-cap stocks and the growth potential of mid-cap stocks. Large-cap stocks are typically from well-established companies, while mid-cap stocks are from companies with strong growth prospects.

By combining both categories, Large and Mid Cap funds seek to offer investors the potential for capital appreciation while managing risk. This makes them suitable for investors looking for a blend of stability and growth in their equity investments.

Features Of Large And Mid-Cap Mutual Funds 

The main features of Large and Mid-Cap Mutual Funds include balanced exposure to large and mid-cap stocks, the potential for growth and stability, professional management, and diversification benefits. These funds offer a unique blend of established and growing companies in a single portfolio.

  • Balanced allocation: These funds must invest at least 35% in large-cap stocks and 35% in mid-cap stocks, providing exposure to both established and growing companies.
  • Growth with stability: The large-cap component offers stability, while the mid-cap portion provides growth potential, aiming for a balance between risk and return.
  • Professional management: Experienced fund managers analyze and select stocks from both segments, potentially optimizing the portfolio for better risk-adjusted returns.
  • Diversification: By investing across market capitalizations and sectors, these funds offer inherent diversification, potentially reducing overall portfolio risk.

Best Large And Mid Cap Mutual Funds

The table below shows the Best Large and Mid Cap Mutual Funds based on the lowest to highest expense ratio.

NameExpense Ratio (%)Minimum SIP (Rs)
Kotak Equity Opp Fund0.47100
Canara Rob Emerg Equities Fund0.552000
Axis Growth Opp Fund0.56100
Mirae Asset Large & Midcap Fund0.58500
DSP Equity Opportunities Fund0.67100
Tata Large & Mid Cap Fund0.7100
SBI Large & Midcap Fund0.721500
Sundaram Large and Mid Cap Fund0.72100
HDFC Large and Mid Cap Fund0.821500
ICICI Pru Large & Mid Cap Fund0.82100

Top Large And Mid Cap Mutual Funds

The table below shows the Top Large and Mid Cap Mutual Funds Based on the Highest 3Y CAGR.

NameCAGR 3Y (Cr)Minimum SIP (Rs)
ICICI Pru Large & Mid Cap Fund28.63100
HDFC Large and Mid Cap Fund27.661500
Kotak Equity Opp Fund24.34100
DSP Equity Opportunities Fund23.06100
SBI Large & Midcap Fund22.871500
Tata Large & Mid Cap Fund21.00100
Canara Rob Emerg Equities Fund20.452000
Axis Growth Opp Fund20.10100
Sundaram Large and Mid Cap Fund20.04100
Mirae Asset Large & Midcap Fund19.54500

Large And Mid Cap Funds List

The table below shows the Large And Mid Cap Funds List Based on exit load, i.e., the fee that the AMC charges investors when they exit or redeem their fund units.

NameAMCExit Load (%)
SBI Large & Midcap FundSBI Funds Management Limited0.1
ICICI Pru Large & Mid Cap FundICICI Prudential Asset Management Company Limited1
HDFC Large and Mid Cap FundHDFC Asset Management Company Limited1
Kotak Equity Opp FundKotak Mahindra Asset Management Company Limited1
DSP Equity Opportunities FundDSP Investment Managers Private Limited1
Tata Large & Mid Cap FundTata Asset Management Private Limited1
Canara Rob Emerg Equities FundCanara Robeco Asset Management Company Limited1
Axis Growth Opp FundAxis Asset Management Company Ltd.1
Sundaram Large and Mid Cap FundSundaram Asset Management Company Limited1
Mirae Asset Large & Midcap FundMirae Asset Investment Managers (India) Private Limited1

Large And Mid Cap Mutual Funds Returns

The table below shows Large And Mid Cap Mutual Funds Returns Based on 1Y return.

NameAbsolute Returns – 1Y (%)Minimum SIP (Rs)
DSP Equity Opportunities Fund49.92100
ICICI Pru Large & Mid Cap Fund47.14100
HDFC Large and Mid Cap Fund44.741500
Axis Growth Opp Fund44.65100
Kotak Equity Opp Fund43.90100
Canara Rob Emerg Equities Fund42.782000
Sundaram Large and Mid Cap Fund40.76100
Mirae Asset Large & Midcap Fund38.88500
SBI Large & Midcap Fund37.191500
Tata Large & Mid Cap Fund33.53100

Historical Performance Of Best Large And Mid Cap Mutual Funds

The table below shows the Historical Performance Of Best Large And Mid Cap Mutual Funds Based on 5Y return.

NameCAGR 5Y (Cr)Minimum SIP (Rs)
HDFC Large and Mid Cap Fund27.771500
ICICI Pru Large & Mid Cap Fund27.61100
Axis Growth Opp Fund26.67100
Kotak Equity Opp Fund26.32100
Canara Rob Emerg Equities Fund26.102000
DSP Equity Opportunities Fund25.91100
Mirae Asset Large & Midcap Fund25.86500
SBI Large & Midcap Fund25.621500
Tata Large & Mid Cap Fund23.39100
Sundaram Large and Mid Cap Fund23.16100

Factors To Consider When Investing In Large And Mid Cap Mutual Funds 

When investing in Large and Mid Cap Mutual Funds, consider the fund’s historical performance, expense ratio, fund manager’s expertise, portfolio composition, and your risk tolerance. Also, evaluate the fund’s investment strategy and its alignment with your financial goals.

  • Historical performance: Analyze the fund’s past returns over various time periods (1-year, 3-year, and 5-year) and compare them with its benchmark index and category average. Look for consistent performance rather than just short-term gains.
  • Expense ratio: Compare expense ratios across different funds. A lower expense ratio can contribute to better overall returns, but also consider the fund’s performance and strategy.
  • Fund manager expertise: Evaluate the fund manager’s experience and track record in managing large and mid-cap funds. Their ability to select stocks from both segments is crucial for fund performance.
  • Portfolio composition: Examine the fund’s allocation between large and mid-cap stocks, as well as sector distribution. Ensure the fund maintains the required balance and is sufficiently diversified.
  • Risk measures: Assess risk metrics such as standard deviation and Sharpe ratio. These indicators can help you understand the fund’s volatility and risk-adjusted returns.

How To Invest In The Best Large And Midcap Fund In India? 

To invest in the best Large and Midcap Funds in India, start by researching and comparing different funds based on their performance, expense ratios, and investment strategies. Once you’ve selected a fund that aligns with your financial goals and risk tolerance, you can invest through Alice Blue.

Alice Blue is a user-friendly online investment platform that provides tools and resources to help you make informed investment decisions. You can choose to invest a lump sum amount or opt for a Systematic Investment Plan (SIP), which allows you to invest a fixed amount regularly.

For most investors, a SIP is recommended as it helps in rupee cost averaging and reduces the impact of market volatility on your investment over time. Remember to review and rebalance your investment periodically to ensure it remains aligned with your financial goals.

Market trends significantly influence Large and Mid Cap Mutual Funds due to their exposure to both established and growing companies. These funds tend to benefit from overall market growth while also capitalizing on sector-specific trends that may favor mid-cap stocks.

During bullish market phases, the mid-cap component of these funds may drive higher returns, while in bearish or volatile markets, the large-cap allocation can provide stability. The fund’s performance can also be influenced by shifts in investor sentiment between large and mid-cap stocks.

How Large And Mid Cap Mutual Funds Perform In Volatile Markets?

Large and Mid Cap Mutual Funds often demonstrate a balanced performance in volatile markets due to their diversified portfolio across market capitalizations. The large-cap component typically provides stability during market downturns, while the mid-cap portion offers the potential for quicker recovery and growth during market upswings.

However, these funds may still experience volatility, particularly in their mid-cap holdings. The fund manager’s skill in adjusting allocations between large and mid-cap stocks based on market conditions can play a crucial role in managing volatility and optimizing returns during turbulent periods.

Large And Mid Cap Mutual Fund Benefits

The main benefits of Large and Mid Cap Mutual Funds include balanced growth potential, diversification, professional management, and flexibility. These funds offer a unique combination of stability from large-caps and growth prospects from mid-caps in a single investment vehicle.

  • Balanced growth: By investing in both large and mid-cap stocks, these funds aim to provide a balance between stability and growth potential, potentially optimizing risk-adjusted returns.
  • Diversification: The mandated allocation to both large and mid-cap stocks provides inherent diversification, potentially reducing overall portfolio risk.
  • Professional management: Experienced fund managers analyze and select stocks from both segments, potentially optimizing the portfolio for better performance.
  • Flexibility: The ability to allocate the remaining 30% of the portfolio flexibly allows fund managers to capitalize on market opportunities across market capitalizations.

Risks Of Investing In Large And Mid Cap Mutual Funds

The main risks of investing in Large and Mid Cap Mutual Funds include market risk, volatility in the mid-cap segment, sector concentration risk, and potential underperformance in certain market conditions. While offering balanced exposure, these funds are not without potential drawbacks.

  • Market risk: Like all equity investments, these funds are subject to overall market risks and can decline in value during market downturns.
  • Mid-cap volatility: The mid-cap component of the fund can experience higher volatility compared to large-caps, potentially leading to short-term fluctuations in fund value.
  • Sector concentration risk: Some funds may have higher exposure to certain sectors, which can impact performance if these specific areas underperform.
  • Relative performance: These funds may underperform pure large-cap or mid-cap funds in market conditions that strongly favor one segment over the other.

Contribution Of Large And Mid Cap Mutual Funds To Portfolio Diversification

Large and Mid Cap Mutual Funds contribute significantly to portfolio diversification by providing exposure to both established large-cap companies and growing mid-cap firms in a single investment. This balanced approach helps investors access different segments of the market, potentially optimizing the risk-return profile of their overall portfolio.

These funds can serve as a core holding in an equity portfolio, offering a mix of stability and growth potential. By including Large and Mid Cap funds, investors can achieve diversification across market capitalizations without the need to manage separate large-cap and mid-cap investments.

Who Should Invest In Large And Mid Cap Mutual Funds?

Large and Mid Cap Mutual Funds are suitable for investors seeking a balance between stability and growth potential in their equity investments. They are ideal for those with a moderate risk appetite and a long-term investment horizon, typically 5-7 years or more.

These funds can be appropriate for investors who want exposure to both established companies and potential future market leaders. They’re also suitable for those looking to diversify their equity portfolio across market capitalizations or for investors transitioning from pure large-cap to a more balanced equity approach.

Impact Of Fund Manager Expertise On Large And Mid Cap Mutual Funds Performance

The expertise of the fund manager plays a crucial role in the performance of Large and Mid Cap Mutual Funds. A skilled manager can add significant value through their ability to select promising stocks from both large and mid-cap segments and adjust allocations based on market conditions.

The manager’s expertise in analyzing company fundamentals, understanding sector dynamics, and interpreting macroeconomic trends is particularly important in managing this hybrid category. Their decisions on stock selection, allocation between large and mid-caps, and sector distribution can greatly influence the fund’s ability to generate alpha and manage risks effectively.

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FAQs – Best Large And Mid Cap Mutual Funds

1. What Are The Large And Mid Cap Mutual Funds?

Large and Mid Cap Mutual Funds invest in both large-cap and mid-cap companies, offering a balanced exposure to stability and growth. These funds typically allocate 35% to large-cap and 35% to mid-cap stocks, providing investors with a mix of established companies and emerging growth opportunities.

2. What are the Top 5 Large And Midcap Funds?

Top Large And Midcap Funds #1: Mirae Asset Large & Midcap Fund
Top Large And Midcap Funds #2: SBI Large & Midcap Fund
Top Large And Midcap Funds #3: Kotak Equity Opp Fund
Top Large And Midcap Funds #4: Canara Rob Emerg Equities Fund
Top Large And Midcap Funds #5: HDFC Large and Mid Cap Fund

These funds are listed based on the Highest AUM.

3. What are the Best Large And Mid Cap Mutual Funds?

The best-performing Large and Mid Cap mutual funds based on expense ratio include Kotak Equity Opp Fund, Canara Rob Emerg Equities Fund, Axis Growth Opp Fund, Mirae Asset Large & Midcap Fund, and DSP Equity Opportunities Fund. These funds offer growth potential with diversified investments across large and mid-cap stocks.

4. How To Redeem Large And Mid Cap Mutual Funds?

To redeem Large and Mid Cap Mutual Funds, log into your investment platform (e.g., Alice Blue), select the fund and units to redeem, and initiate the redemption process. Funds are typically credited to your linked bank account within 2-3 business days. Check for any exit loads before redeeming.

5. What Is The Maturity Period Of Large & Mid Cap Funds?

Large and Mid Cap Funds don’t have a fixed maturity period. They’re open-ended funds, allowing investors to buy or sell units at any time. However, it’s recommended to stay invested for at least 5-7 years to potentially benefit from long-term equity growth and overcome short-term market volatility.

6. What Is The Difference Between Large Cap And Mid Cap Mutual Funds?

The main difference between Large Cap and Mid Cap Mutual Funds is that Large Cap funds invest in the top 100 companies by market cap, offering stability but moderate growth whereas Mid Cap funds invest in 101-250th ranked companies, offering higher growth potential but more risk. Large and Mid Cap funds combine both, aiming for balanced returns.

7. How To Invest In Large And Mid Cap Mutual Funds?

To invest in Large and Mid Cap Mutual Funds, research funds using financial websites, and compare their returns and expense ratios. Then, open an account with Alice Blue, a user-friendly investment platform. Choose between lump sum investment or start a Systematic Investment Plan (SIP) for regular investing.

8. Are Large And Mid-cap Funds Safe?

Large and Mid-cap funds offer a balanced risk-reward profile, making them moderately safe. While large-cap stocks provide stability, mid-cap stocks offer higher growth potential but come with increased volatility. These funds are suitable for investors with a medium to long-term investment horizon and moderate risk tolerance.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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