6 large & midcap funds that clocked 20%+ returns in 5 yrs

Summary: Large & midcap funds invest at least 35 per cent of their money each into large- and mid-cap companies, giving investors the best of both worlds: the stability of market leaders and the growth potential of rising stars. Here’s a look at six funds from this category that have posted stellar five-year returns.

Large & midcap funds are a unique offering in the mutual fund universe. By mandate, they invest at least 35 per cent each in large- and mid-cap stocks, aiming to strike a balance between stability and growth. While large caps bring resilience and proven track records, mid caps add the punch of faster earnings growth. This combination makes the category relatively less volatile than pure mid-cap funds, yet more rewarding than large caps alone.

Who are large & midcap funds suited for? They’re ideal for investors seeking a balance between safety and growth. If you’re comfortable with some volatility but don’t want to go all-in on mid caps and have an investment horizon of at least five years, this category is worth considering.

How have these funds fared in the past?

When it comes to long-term performance, large & midcap funds have fared impressively, with a handful of them delivering returns of over 20 per cent over a five-year period. To put that in perspective, a Rs 10,000 monthly SIP (systematic investment plan) in any of these funds five years back would have grown into more than Rs 10 lakh today.

With that context, we present you with the list of six large & midcap funds that have powered ahead, each clocking at least 20 per cent returns over a five-year stretch.

#6 UTI Large & Mid Cap Fund (Direct plan)

• Five-year SIP return: 20.3 per cent
• Value of a Rs 10,000 SIP after five years: Rs 9.93 lakh
• Assets under management: Rs 4,993 crore
• Expense ratio: 1 per cent

#5 HDFC Large and Mid Cap Fund (Direct plan)

• Five-year SIP return: 20.6 per cent
• Value of a Rs 10,000 SIP after five years: Rs 10.02 lakh
• Assets under management: Rs 26,949 crore
• Expense ratio: 0.85 per cent

#4 ICICI Prudential Large & Mid Cap Fund (Direct plan)

• Five-year SIP return: 22.2 per cent
• Value of a Rs 10,000 SIP after five years: Rs 10.41 lakh
• Assets under management: Rs 24,424 crore
• Expense ratio: 0.78 per cent

#3 Bandhan Large & Mid Cap Fund (Direct plan)

• Five-year SIP return: 23.1 per cent
• Value of a Rs 10,000 SIP after five years: Rs 10.64 lakh
• Assets under management: Rs 10,818 crore
• Expense ratio: 0.56 per cent

#2 Invesco India Large & Mid Cap Fund (Direct plan)

• Five-year SIP return: 24.5 per cent
• Value of a Rs 10,000 SIP after five years: Rs 10.97 lakh
• Assets under management: Rs 8,441 crore
• Expense ratio: 0.61 per cent

#1 Motilal Oswal Large and Midcap Fund (Direct plan)

• Five-year SIP return: 26.7 per cent
• Value of a Rs 10,000 SIP after five years: Rs 11.62 lakh
• Assets under management: Rs 13,778 crore
• Expense ratio: 0.66 per cent

Are any of these funds a part of our recommended list?

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Also read: These 3 large & mid cap funds doubled SIP money in 6 years