COMPARE
Bandhan Large & Mid Cap Fund - Direct Plan - Growth vs HDFC Large & Mid Cap Fund - Growth Option - Direct Plan
Bandhan Large & Mid Cap Fund and HDFC Large & Mid Cap Fund are both in the Large & Mid Cap Fund category, from Bandhan AMC Limited and HDFC Asset Management Company Limited respectively. Bandhan Large & Mid Cap Fund has posted a higher 3-year rolling CAGR. HDFC Large & Mid Cap Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
HDFC Large & Mid Cap Fund has the lower direct-plan expense ratio, by 0.27 percentage points.
| Bandhan Large & Mid Cap Fund - Direct Plan - Growth | HDFC Large & Mid Cap Fund - Growth Option - Direct Plan | |
|---|---|---|
| Category | Large & Mid Cap Fund | Large & Mid Cap Fund |
| AMC | Bandhan AMC Limited | HDFC Asset Management Company Limited |
| Benchmark | NIFTY LargeMidcap 250 TRI | NIFTY LargeMidcap 250 TRI |
| NAV | ₹156.518 (2026-10-28) | ₹343.557 (2026-10-28) |
| AUM | ₹20,710.957 Cr | ₹27,898.193 Cr |
| Expense Ratio (Direct) | 1.17% | 0.9% |
| Inception | 2005-06-27 | 1994-01-06 |
Returns
Bandhan Large & Mid Cap Fund leads on 3-year rolling CAGR (17.5% vs HDFC Large & Mid Cap Fund's 16.8%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
HDFC Large & Mid Cap Fund has been the more volatile of the two by standard deviation.
| Bandhan Large & Mid Cap Fund - Direct Plan - Growth | HDFC Large & Mid Cap Fund - Growth Option - Direct Plan | |
|---|---|---|
| 3Y Sharpe Ratio | 0.54 | 0.19 |
| 3Y Alpha | 5.1947% | 0.1574% |
| 3Y Std Deviation | 14.2159% | 14.8317% |
| 3Y Calmar Ratio | 0.82 | 0.53 |
Portfolio Analytics
HDFC 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.
| Bandhan Large & Mid Cap Fund - Direct Plan - Growth | HDFC Large & Mid Cap Fund - Growth Option - Direct Plan | |
|---|---|---|
| P/E Ratio | 20.4958 | 23.5582 |
| P/B Ratio | 6.6937 | 4.4922 |
| Dividend Yield | 1.2634% | 1.0981% |
| Active Share | 57.87% | 41.35% |
| Portfolio Turnover | - | 297% |
| YTM | 5.75% | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Bandhan Large & Mid Cap Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Bandhan Large & Mid Cap Fund or HDFC Large & Mid Cap Fund?
Bandhan Large & Mid Cap Fund's 3-year rolling CAGR of 17.5% is higher than HDFC Large & Mid Cap Fund's 16.8%. Bandhan Large & Mid Cap Fund sits in the 42nd percentile of its category on this metric, versus the 31st percentile for HDFC Large & Mid Cap Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Bandhan Large & Mid Cap Fund or HDFC Large & Mid Cap Fund?
HDFC Large & Mid Cap Fund's direct-plan expense ratio is 0.27 percentage points lower than Bandhan 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.
Which fund carries more risk, Bandhan Large & Mid Cap Fund or HDFC Large & Mid Cap Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), HDFC Large & Mid Cap Fund has been more volatile than Bandhan Large & Mid Cap Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.54 for Bandhan Large & Mid Cap Fund vs 0.19 for HDFC Large & Mid Cap Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Bandhan Large & Mid Cap Fund or HDFC Large & Mid Cap Fund?
HDFC Large & Mid Cap Fund has ₹27,898 Cr in assets under management, versus ₹20,711 Cr for Bandhan 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, Bandhan Large & Mid Cap Fund or HDFC Large & Mid Cap Fund?
HDFC Large & Mid Cap Fund launched on 1994-01-06, making it older than Bandhan Large & Mid Cap Fund (launched 2005-06-27). 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.