Top 5 Large and Mid Cap SIP Mutual Funds in 5 Years: Rs 10,000 SIP in No. 1 fund has given a total of Rs 12,65,962

As per Association of Mutual Funds in India (AMFI) classification, large-cap mutual funds have to invest at least 80 per cent of their investments in large-cap stocks, while mid-cap mutual funds have to invest at least 65 per cent of their investments in mid-cap stocks. Large-cap mutual funds are more stable than mid-caps, but the former may give lower returns than the former. But what if you want to invest in a mutual fund category that gives equal weight to large and midcaps, the large and mid cap category may be a good category for them. AMFI says that a large and mid-cap mutual fund invests at least 35 per cent of its investment in large-cap stocks and 35 per cent in mid-cap stocks. 

Large and mutual funds invest in India's top 250 companies (the top 100 are large caps and the next 150 are mid caps).

They represent the combination of the stability of large-cap companies and the aggressiveness of mid-cap firms' returns.

The unique advantage of investing in large and mid cap mutual funds is that the fund manager can change the combination of large and mid caps according to the market situation.

If the market is bullish, the manager can invest more in mid caps, but if the market is bearish, the manager can allocate more to large cap.    

The large and mid cap mutual fund category has given a 43.92 per cent return in the one-year period, while it has given a 21.22 per cent return in the three-year period.

In this write-up, we take you through the top 5 large and mid cap mutual funds in terms of SIP returns and what Rs 10,000 and Rs 20,000 SIP in each of the funds have given in the last 5 years. 

Quant Large and Mid Cap Fund - Direct Plan

The fund at the No. 1 position has given annual SIP returns (XIRR) of 34.91 per cent in the five years.

Benchmarked against S&P BSE Large Mid Cap TRI, the fund has assets under management (AUM) of Rs 2,901.57 crore, while its net asset value (NAV) is worth Rs 131.7868.

The fund has 90.76 per cent of its investments in equities, 7.02 per cent in debt, and 2.22 per cent in cash and cash equivalents.

The fund has 53.03 per cent of its investments in large caps and 10.16 per cent in mid caps.

It has invested mostly in energy and utilities, industrials, materials, and financial.

In a 33-stock portfolio, it has its main stocks as Reliance Industries Limited, BHEL, Jio Financial Services, and Adani Power.

A Rs 10,000 SIP in the fund, or Rs 6,00,000 in total, has turned into Rs 14,10,681 in the five-year period.

A Rs 20,000 SIP in the fund, or Rs 12,00,000 in total, has turned into Rs 28,21,362.  

Bandhan Core Equity Direct 

The fund has given SIP returns of 30.35 per cent in the five-year period.

Benchmarked against NIFTY Large Midcap 250 Total Return Index, the fund has an AUM of Rs 4,682.72 crore, while its NAV is worth Rs 137.1100.

The fund has 94.83 per cent of its investments in equities, 0.03 per cent in debt, and 5.14 per cent in cash and cash equivalents.

Its 26.64 per cent investment is in large caps and 35.16 per cent in mid caps.

The fund's main investments are in financial, industrial, consumer discretionary, energy, and utilities.

In a large set of 103 stocks, ICICI Bank, RIL, HDFC Bank, Infosys, and Maruti Suzuki are its main stocks.

A Rs 10,000 SIP in the fund has given a total of Rs 12,65,962 in the five-year period.

A Rs 20,000 SIP in the fund has given a total of Rs 25,31,923.  

HDFC Large and Mid Cap Fund - Direct Plan

The fund's 5-year SIP returns are 29.85 per cent.

Benchmarked against NIFTY Large Midcap 250 Total Return Index, the fund has an AUM of Rs 19,668.57 crore, while its NAV is worth Rs 323.5850.

The fund has 98.03 per cent of its investments in equities, 0.45 per cent in debt, and 1.52 per cent in cash and cash equivalents.

It has invested 24.88 per cent in large caps and 35.60 per cent in mid caps.

The fund has invested mainly in financial, consumer discretionary, technology, and industrial. In a large bouquet of 189 stocks, the main stocks in its portfolio are HDFC Bank, ICICI Bank, Axis Bank, and SBI.

A Rs 10,000 SIP in the fund has given a total of Rs 12,50,756 in the five-year period.

A Rs 20,000 SIP in the fund has given a total of Rs 25,01,511. 

ICICI Prudential Large & Mid Cap Fund - Direct Plan

The fund's 5-year SIP returns stand at 29.68 per cent.

Benchmarked against NIFTY Large Midcap 250 Total Return Index, the fund's AUM is Rs 13,785.49 crore, while its NAV is worth Rs 977.5000.

The fund's 93.66 per cent investments are in equities, 1.03 per cent in debt, and 5.30 per cent in cash and cash equivalent.

The fund has 23.28 per cent allocation in large caps and 32.81 per cent in mid caps.

Financial, consumer discretionary, energy and utilities, and industrials are the main stocks under its portfolio.

In an 89-stock portfolio, the fund's main holdings are ICICI Bank, Maruti Suzuki, HDFC Bank, and NTPC.  

A Rs 10,000 SIP in the fund has given a total of Rs 12,46,016 in the five-year period.

A Rs 20,000 SIP in the fund has given a total of Rs 24,92,031.

Kotak Equity Opportunities Fund - Direct Plan

The fund from Kotak has given 5-year SIP returns of 28.12 per cent.

The fund has its benchmark as NIFTY Large Midcap 250 Total Return Index.

While the fund's AUM stands at Rs 22,910.71 crore, its NAV size is Rs 362.7320.

The fund's main investments are: 98.21 per cent in equity, 0.4 per cent in debt, and 1.39 per cent in cash and cash equivalents.

The fund's 24.18 per cent investments are in large caps and 36.52 per cent in mid caps.

The fund has its main investments in industrials, financial, materials and consumer discretionary. In a comparatively smaller portfolio of 69 stocks than its peers' portfolios, the fund has SBI, Maruti Suzuki, HDFC Bank, and Axis Bank as its main stocks. 

A Rs 10,000 SIP in the fund has given a total of Rs 12,00,692 in the five-year period.

A Rs 20,000 SIP in the fund has given a total of Rs 24,01,383.