5 large & mid-cap funds with the best 5-year SIP returns

Summary: A Rs 10,000 SIP doesn’t usually feel dramatic. Yet over the past five years, a handful of large and mid-cap funds turned that into something far bigger. This piece looks at which funds stood out.

If you’ve stayed loyal to your SIPs, you know the satisfaction of seeing your investment grow month after month. But some funds have done more than just grow steadily. Over the last five years, a few large & mid-cap funds have delivered standout SIP returns, turning a simple Rs 10,000 monthly investment into over Rs 10 lakh.

Large & mid-cap funds occupy an attractive middle ground. By mandate, they invest at least 35 per cent in large companies and another 35 per cent in mid-sized firms. That mix offers a balance: the relative stability of large caps with the extra growth potential of mid caps.

Of course, this also means the category can be more volatile than pure large-cap funds, and leadership tends to change across market cycles. Still, for long-term investors who can stay the course, the payoff can be meaningful.

Here are the five large & mid-cap funds that delivered the highest SIP returns over the past five years.

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

• 5-year SIP return: 19.08 per cent
• Rs 10,000/month SIP started 5 years back. Current value: Over Rs 9.6 lakh
• Assets under management (AUM): Rs 5,635 crore
• Expense ratio: 0.91 per cent

Top 5 stock holdings

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

• 5-year SIP return: 19.57 per cent
• Rs 10,000/month SIP started 5 years back. Current value: Nearly Rs 9.8 lakh
• Assets under management (AUM): Rs 27,745 crore
• Expense ratio: 0.79 per cent

Top 5 stock holdings

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

• 5-year SIP return: 19.65 per cent
• Rs 10,000/month SIP started 5 years back. Current value: Nearly Rs 9.8 lakh
• Assets under management (AUM): Rs 9,344 crore
• Expense ratio: 0.61 per cent

Top 5 stock holdings

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

• 5-year SIP return: 20.29 per cent
• Rs 10,000/month SIP started 5 years back. Current value: Over Rs 9.9 lakh
• Assets under management (AUM): Rs 13,636 crore
• Expense ratio: 0.53 per cent

Top 5 stock holdings

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

• 5-year SIP return: 20.67 per cent
• Rs 10,000/month SIP started 5 years back. Current value: Over Rs 10 lakh
• Assets under management (AUM): Rs 15,055 crore
• Expense ratio: 0.71 per cent

Top 5 stock holdings

The top performers in this list show how powerful disciplined investing can be. But these numbers come with an important caveat. The best performer of one period may not lead in the next. Returns look smooth in hindsight, but the journey is rarely that comfortable in real time.

So use this list as a useful starting point, not a ready-made recommendation. Look beyond the headline returns, understand the fund’s style and risk, and make sure it fits your own investment horizon.

Because with SIPs, the real edge comes not from chasing the top fund, but from staying invested in the right one for long enough.

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