Top 5 Large & Mid Cap Mutual Funds With Highest Return On SIPs; Details Inside

A subcategory of mutual funds known as larger and mid-cap funds combines the security of large-cap stocks with the growth potential of mid-cap firms. This equity mutual fund is required to invest a minimum of 35% in large-cap and mid-cap equities, respectively. These funds connect the largest stocks in India with the mid-sized stocks that are competing with them for the top spot.

The top 100 largest companies by market capitalization all have a proven track record, recognizable brand identities, and sound financial standing. Due to their stability and propensity to withstand economic downturns, they are viewed as less hazardous. Whereas, mid-cap stocks, which fall within the market capitalization range of 101 to 250, have a larger potential for growth without the significant volatility of small-cap stocks.

1. HDFC Large and Mid Cap Fund

It is a high-risk equity large and midcap mutual fund. The fund has 97.11% holding in equity and the remaining 2.89% in cash & cash equivalent instruments. It has a total of 166 stocks in its portfolio with the top 5 being HDFC Bank, ICICI Bank, Infosys, State Bank of India, and Reliance. The fund has been rated 5-star by Value Research.

2. Motilal Oswal Large and Midcap Fund

Motilal Oswal Large and Midcap Fund is the second fund on the list that has given the highest SIP return in the past 3 years. The fund has 101.09% holding in Equity and -1.09% in cash and cash equivalent instruments, according to Value Research. The fund has 36% stock in its portfolio. The top 5 holdings include Trent, Global Health, Infosys, Cholamandalam Investment and Finance Company, and The Federal Bank. The fund has been rated 5-star by Value Research, however, it is a very high-risk fund.

3. ICICI Prudential Large & Mid Cap Fund

It is an equity fund from the house of ICICI Prudential Mutual fund. The fund has 93.04% exposure to Equity, followed by 6.01% to Cash and Cash equivalent and 0.95% to Debt. In terms of the total number of stocks in its portfolio, the fund holds 78 stocks with the top 5 being ICICI Bank, HDFC Bank, Maruti Suzuki India, Bharti Airtel, and NTPC. The fund has been rated 4-star by Value Research.

4. Quant Large and Mid Cap Fund

Quant Large and Midcap Fund is the 3rd mutual fund in the list that has given robust SIP returns in the Large and midcap Mutual fund category. The fund has an interesting asset allocation as it holds 79.46% in equity, 12.26% in cash & cash equivalent, and the remaining 8.27% in debt. The top 5 holdings (Equity) of the funds are Reliance, HDFC Bank, Aurobindo Pharma, Jio Financial Services, and DLF. It has a total of 17 stocks in its portfolio. The fund is high on risk, however, it has been rated 3-star by Value Research.

5. Bandhan Core Equity Fund

Bandhan Core Equity Fund is the 5th Large and midcap Fund that has delivered high returns on SIP in its category. It is an equity fund from the house of Bandhan Mutual Fund (previously known as IDFC Mutual Fund). It is another high-risk fund in the list, rated 3-star by Value Research. The fund has a total of 83 stocks in its portfolio. Meanwhile, the top 5 stocks of these 83 stocks are HDFC Bank, ICICI Bank, Axis Bank, Infosys, and Reliance.

Note- Holdings - As on 31st August 2023

Large & Mid Cap Mutual Funds With Highest Return On SIPs

Sr.No.	Mutual Funds	3-Yr SIP Return	5-Yr SIP Return
1	HDFC Large and Mid Cap Fund	24.98%	23.97%
2	Motilal Oswal Large and Midcap Fund	24.27%	-
3	ICICI Prudential Large & Mid Cap Fund	23.29%	23.06%
4	Quant Large and Mid Cap Fund	22.96%	24.06%
5	Bandhan Core Equity Fund	22.66%	21.92%

Disclaimer - Mutual fund investments are subject to market risk. Read all scheme-related Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.