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Best Large & Mid Cap mutual funds

36 funds in this category, ranked by 3-year rolling CAGR.

#Fund3Y CAGRAMCAUM
#1Motilal Oswal Large and Midcap Fund27.3%Motilal Oswal Asset Management Company Limited₹19,284.73 Cr
#2quant Large & Mid Cap Fund21.0%quant Money Managers Limited₹3,297.195 Cr
#3HSBC Large & Mid Cap Fund21.0%HSBC Asset Management (India) Private Ltd.₹5,679.217 Cr
#4Axis Large & Mid Cap Fund20.9%Axis Asset Management Co. Ltd.₹16,103.846 Cr
#5Mahindra Manulife Large & Mid Cap Fund20.7%Mahindra Manulife Investment Management Pvt Ltd₹2,680.54 Cr
#6Baroda BNP Paribas Large and Mid Cap Fund-20.3%Baroda BNP Paribas Asset Management India Private Limited₹1,741.01 Cr
#7Mirae Asset Large & Midcap Fund19.9%Mirae Asset Investment Managers (India) Pvt. Ltd₹41,972.723 Cr
#8Edelweiss Large & Mid Cap Fund19.5%Edelweiss Asset Management Limited₹4,531.188 Cr
#9Kotak Large & Mid Cap Fund18.7%Kotak Mahindra Asset Management Company Limited.₹30,424.021 Cr
#10Canara Robeco Large And Mid Cap Fund18.7%Canara Robeco Asset Management Company Limited₹24,141.877 Cr
#11Union Large & Midcap Fund18.5%Union Asset Management Company Private Limited₹935.97 Cr
#12DSP Large & Mid Cap Fund18.5%DSP Asset Managers Private Limited₹21,670.537 Cr
#13Invesco India Large & Mid Cap Fund18.1%Invesco Asset Management (India) Private Limited₹11,971.73 Cr
#14SBI LARGE & MIDCAP FUND -17.9%SBI Funds Management Limited₹39,840.54 Cr
#15ICICI Prudential Large & Mid Cap Fund17.7%ICICI Prudential Asset Management Company Limited₹30,306.652 Cr
#16Bandhan Large & Mid Cap Fund17.5%Bandhan AMC Limited₹20,710.957 Cr
#17LIC MF Large & Mid Cap Fund-17.1%LIC Mutual Fund Asset Management Limited₹2,844.339 Cr
#18Nippon India Vision Large & Mid Cap Fund16.9%Nippon Life India Asset Management Limited₹7,278.63 Cr
#19HDFC Large & Mid Cap Fund16.8%HDFC Asset Management Company Limited₹27,898.193 Cr
#20Sundaram Large and Midcap Fund16.6%Sundaram Asset Management Company Ltd₹6,777.75 Cr
#21Tata Large & MId Cap Fund -16.3%Tata Asset Management Limited₹6,966.82 Cr
#22UTI Large & Mid Cap Fund16.2%UTI Asset Mgmt. Co. Ltd.₹6,171.773 Cr
#23Navi Large & Midcap Fund-15.6%Navi AMC Limited₹287.7 Cr
#24BANK OF INDIA Large & Mid Cap Fund15.2%Bank of India Investment Managers Private Limited₹499.41 Cr
#25Franklin India Large & Mid Cap Fund15.1%Franklin Templeton Asset Management (India) Private Limited₹3,239.68 Cr
#26Aditya Birla Sun Life Large & Mid Cap Fund14.6%Aditya Birla Sun Life AMC Limited₹5,377.851 Cr

Not yet ranked

10 funds too recently launched for a full 3-year CAGR - listed for reference, not ranked.

Punji tracks 36 Large & Mid Cap Fund funds from 0 AMCs, together managing roughly ₹3,51,705.802 Cr in assets. Across the 26 funds with a full 3-year track record, the average 3-year rolling CAGR is 18.3%. Motilal Oswal Large and Midcap Fund leads the category at 27.3% 3Y CAGR.

Figures here are computed directly from each fund's own NAV history and AUM - not survivor-biased averages from a fact sheet - so a fund that merged, closed, or changed category drops out of the comparison rather than skewing it. Click any fund in the table for its full return history, expense ratio, holdings, and risk profile, or jump to a specific AMC's Large & Mid Cap Fund funds below.

Large & Mid Cap Fund is one of the standardized scheme categories SEBI mandated in its 2017 product categorization circular, so every AMC's Large & Mid Cap Fund fund follows the same investment-mandate rules - the same broad universe of permitted holdings, the same category-level restrictions - which is what makes a ranking across 0 different AMCs a genuine like-for-like comparison rather than an apples-to-oranges one. A fund's position here moves as new NAV data comes in or as AMCs launch or close schemes in the category, so treat it as a point-in-time snapshot, not a fixed league table.

Category alone doesn't tell you a fund's risk level or whether it's the right fit for your own time horizon - two Large & Mid Cap Fund funds can take meaningfully different approaches within the same mandate (concentration, turnover, credit quality for debt categories) and end up with very different risk profiles despite sharing a label. Use the Riskometer rating and risk metrics (Sharpe Ratio, Max Drawdown, Standard Deviation) shown on each fund's own page alongside this category-level ranking, not instead of it.