5 top Large and Mid Cap mutual funds that gave up to 36.16% annualised SIP return in 5 years

Large and Mid Cap Funds are open-ended mutual fund schemes that need to put at least 35 per cent of the total corpus each in largecap and midcap companies, So, investors who are on the hunt to get superior risk-adjusted returns in comparison to pure large cap funds and are seeking growth potential with improved stability may consider investment into large and midcap funds.

Here is a list of the top 5 Large and midcap funds with the highest SIP returns in the 5-year period

Quant Large and Midcap Fund-Direct Plan (G):

This is a CRISIL 5-star rated fund with annualised return of 30.29 per cent in the five-year period. The fund has assets under management (AUM) of Rs 2,954.58 crore, while its net asset value (NAV) is Rs 137.18.

The minimum lump sum investment in the fund is Rs 5,000, while the minimum SIP investment is Rs 1000.

The expense ratio is 0.66 per cent as on April 30, 2024. It has 31 stocks in its portfolio, of which Reliance Industries, Adani Power, BHEL, Jio Financial Services and Aurobindo Pharma amongst others are the major stocks. 

A Rs 10,000 monthly SIP in the fund for 5 years, or a total of Rs 6 lakh investment, will be now worth Rs 14,48,231, offering an annualised return of 36.16 per cent. 

Axis Growth Opportunities Fund-Direct Plan (G):

This is a CRISIL 3-star rated fund with annualised return of 25.13 per cent in the five-year period. The fund has assets under management (AUM) of Rs 12,424.5 crore, while its net asset value (NAV) is Rs 33.7.

The minimum lump sum investment in the fund is Rs 100, while the minimum SIP investment is Rs 100.

The expense ratio is 0.59 per cent as on April 30, 2024. It has 123 stocks in its portfolio, of which Torrent Power, ICICI Bank, Cholamandalam Investment, CG Power and Industrial Solutions and Sona BLW Precision amongst others are the major stocks. 

A Rs 10,000 monthly SIP in the fund for 5 years, or a total of Rs 6 lakh investment, will be now worth over Rs 11.82 lakh, offering an annualised return of 27.53 per cent. 

HDFC Large and Midcap Fund-Direct Plan (G):

This is a CRISIL 4-star rated fund with annualised return of 24.43 per cent in the five-year period. The fund has assets under management (AUM) of Rs 19,454.33 crore, while its net asset value (NAV) is Rs 340.

The minimum lump sum investment in the fund is Rs 100, while the minimum SIP investment is Rs 100.

The expense ratio is 0.82 per cent as on April 30, 2024. It has 186 stocks in its portfolio, of which HDFC Bank, ICICI Bank, SBI, Axis Bank, IndusInd Bank and Infosys amongst others are the major stocks. 

A Rs 10,000 monthly SIP in the fund for 5 years, or a total of Rs 6 lakh investment, will be now worth over Rs 13 lakh, offering an annualised return of 31.54 per cent. 

ICICI Prudential Large and Midcap Fund-Direct Plan (G):

This is a CRISIL 5-star rated fund with annualised return of 24.15 per cent in the five-year period. The fund has assets under management (AUM) of Rs 13,420.35 crore, while its net asset value (NAV) is Rs 1,015.24.

The minimum lump sum investment in the fund is Rs 5,000, while the minimum SIP investment is Rs 100.

The expense ratio is 0.85 per cent as on April 30, 2024. It has 91 stocks in its portfolio, of which HDFC Bank, ICICI Bank, Maruti Suzuki, SBI Cards and NTPC amongst others are the major stocks. 

A Rs 10,000 monthly SIP in the fund for 5 years, or a total of Rs 6 lakh investment, will be now worth over Rs 12.79lakh, offering an annualised return of 30.85 per cent. 

Bandhan Core Equity Fund-Direct Plan (G):

This is a CRISIL 5-star rated fund with annualised return of 24.14 per cent in the five-year period. The fund has assets under management (AUM) of Rs 4,680.6 crore, while its net asset value (NAV) is Rs 141.8.

The minimum lump sum investment in the fund is Rs 1,000, while the minimum SIP investment is Rs 100.

The expense ratio is 0.74 per cent as on April 30, 2024. It has 106 stocks in its portfolio, of which HDFC Bank, ICICI Bank, RIL, Infosys and L&T are among the major stocks. 

A Rs 10,000 monthly SIP in the fund for 5 years, or a total of Rs 6 lakh investment, will be now worth over Rs 12.96 lakh, offering an annualised return of 31.41 per cent.