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Bajaj Finserv Large & Mid Cap Fund- Direct Plan- Growth vs Invesco India Large & Mid Cap Fund - Direct Plan - Growth
Bajaj Finserv Large & Mid Cap Fund- and Invesco India Large & Mid Cap Fund are both in the Large & Mid Cap Fund category, from Bajaj Finserv Asset Management Limited and Invesco Asset Management (India) Private Limited respectively. Invesco India Large & Mid Cap Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Invesco India Large & Mid Cap Fund has the lower direct-plan expense ratio, by 0.37 percentage points.
| Bajaj Finserv Large & Mid Cap Fund- Direct Plan- Growth | Invesco India Large & Mid Cap Fund - Direct Plan - Growth | |
|---|---|---|
| Category | Large & Mid Cap Fund | Large & Mid Cap Fund |
| AMC | Bajaj Finserv Asset Management Limited | Invesco Asset Management (India) Private Limited |
| Benchmark | NIFTY LargeMidcap 250 TRI | NIFTY LargeMidcap 250 TRI |
| NAV | ₹11.982 (2026-10-28) | ₹123.72 (2026-10-28) |
| AUM | ₹2,253.07 Cr | ₹11,971.73 Cr |
| Expense Ratio (Direct) | 1.16% | 0.79% |
| Inception | 2024-02-06 | 2007-07-09 |
Returns
Risk Metrics
This fund is less than three years old, so a three-year risk history does not exist yet.
Portfolio Analytics
Invesco India Large & Mid Cap Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Bajaj Finserv Large & Mid Cap Fund- Direct Plan- Growth | Invesco India Large & Mid Cap Fund - Direct Plan - Growth | |
|---|---|---|
| P/E Ratio | 25.2499 | 46.3761 |
| P/B Ratio | 9.9087 | 15.3738 |
| Dividend Yield | 1.0009% | 0.2704% |
| Active Share | 69.49% | 84.76% |
| Portfolio Turnover | 206% | 31% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Bajaj Finserv Large & Mid Cap Fund- has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, Bajaj Finserv Large & Mid Cap Fund- or Invesco India Large & Mid Cap Fund?
Invesco India Large & Mid Cap Fund's direct-plan expense ratio is 0.37 percentage points lower than Bajaj Finserv Large & Mid Cap Fund-'s. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Bajaj Finserv Large & Mid Cap Fund- and Invesco India Large & Mid Cap Fund show risk metrics like Sharpe ratio or alpha?
This fund is less than three years old, so a three-year risk history does not exist yet. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Bajaj Finserv Large & Mid Cap Fund- or Invesco India Large & Mid Cap Fund?
Invesco India Large & Mid Cap Fund has ₹11,972 Cr in assets under management, versus ₹2,253 Cr for Bajaj Finserv Large & Mid Cap Fund-. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Bajaj Finserv Large & Mid Cap Fund- or Invesco India Large & Mid Cap Fund?
Invesco India Large & Mid Cap Fund launched on 2007-07-09, making it older than Bajaj Finserv Large & Mid Cap Fund- (launched 2024-02-06). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.