Best Large & Mid Cap Mutual Funds 2026
Best large and mid cap mutual funds in India 2026. Funds that invest in both top-100 and top-250 companies for balanced growth.
20
Top Funds
Top Ranked by 3-Year Returns
Invesco India Large & Mid Cap Fund - Regular Plan - IDCW (Payout / Reinvestment)
Invesco Mutual Fund · Large & MidCap
Invesco India Large & Mid Cap Fund - Direct Plan - IDCW (Payout / Reinvestment)
Invesco Mutual Fund · Large & MidCap
Invesco India Large & Mid Cap Fund - Regular Plan - Growth
Invesco Mutual Fund · Large & MidCap
Invesco India Large & Mid Cap Fund - Direct Plan - Growth
Invesco Mutual Fund · Large & MidCap
Motilal Oswal Large and Midcap Fund - Direct Plan Growth
Motilal Oswal Mutual Fund · Large & MidCap
Motilal Oswal Large and Midcap Fund Regular - IDCW Payout/Reinvestment
Motilal Oswal Mutual Fund · Large & MidCap
Motilal Oswal Large and Midcap Fund - Regular Plan Growth
Motilal Oswal Mutual Fund · Large & MidCap
Motilal Oswal Large and Midcap Fund Direct - IDCW Payout/Reinvestment
Motilal Oswal Mutual Fund · Large & MidCap
ITI Large & Midcap Fund - Direct Plan - IDCW Option
ITI Mutual Fund · Large & Mid Cap Fund
HSBC Large & Mid Cap Fund - Direct Growth
HSBC Mutual Fund · Large & MidCap
HSBC Large & Mid Cap Fund - Direct IDCW
HSBC Mutual Fund · Large & MidCap
HSBC Large & Mid Cap Fund - Regular Growth
HSBC Mutual Fund · Large & MidCap
HSBC Large & Mid Cap Fund - Regular IDCW
HSBC Mutual Fund · Large & MidCap
Bandhan Large & Mid Cap Fund - Direct Plan - Growth
IDFC Mutual Fund · Large & MidCap
BANDHAN MIDCAP FUND - GROWTH - REGULAR PLAN
IDFC Mutual Fund · Large & MidCap
Bandhan Large & Mid Cap Fund - Direct Plan - IDCW
IDFC Mutual Fund · Large & MidCap
BANDHAN MIDCAP FUND - IDCW - DIRECT PLAN
IDFC Mutual Fund · Large & MidCap
BANDHAN MIDCAP FUND - IDCW - REGULAR PLAN
IDFC Mutual Fund · Large & MidCap
Bandhan Large & Mid Cap Fund - Regular Plan - Growth
IDFC Mutual Fund · Large & MidCap
Bandhan Large & Mid Cap Fund - Regular Plan - IDCW
IDFC Mutual Fund · Large & MidCap
How to Choose the Best Large & Mid Cap Mutual Funds 2026?
Large & Mid Cap is its own SEBI-defined category, distinct from choosing a large cap fund and a mid cap fund separately — it mandates a minimum 35% allocation to large cap stocks and a minimum 35% to mid cap stocks, leaving 30% at the fund manager's discretion. That structure guarantees meaningful exposure to both segments in a single fund, rather than depending on a flexi cap manager's discretion to maintain a similar split.
The practical case for this category over picking large cap and mid cap funds separately is simplicity — one fund, one NAV to track, with the large/mid balance maintained by rule rather than by you rebalancing two separate holdings periodically. The tradeoff is less control: you can't independently overweight mid cap in your own allocation if you have a stronger view there, since the fund's split is fixed by mandate around the 35/35 minimums.
Frequently Asked Questions
How much should I invest per month?
There is no fixed rule. Start with an amount you can consistently invest every month without straining your budget. Even ₹500-₹1,000/month compounded over 10+ years can build significant wealth.
Should I invest in a SIP or lump sum?
SIP (Systematic Investment Plan) is recommended for most investors as it averages out the purchase cost over time (rupee cost averaging). Lump sum is suitable when markets are significantly undervalued or you have a large amount to invest.
How are returns taxed?
Equity fund LTCG (held > 1 year) above ₹1 lakh is taxed at 10%. STCG (held < 1 year) is 15%. For ELSS, gains after 3-year lock-in are LTCG. Debt fund gains are taxed per your income tax slab (post-2023).
What is CAGR?
CAGR stands for Compounded Annual Growth Rate — the rate at which your investment would have grown each year if it had grown at a steady rate. It is the standard way to compare mutual fund returns across different time periods.
Is a Large & Mid Cap fund better than buying separate large cap and mid cap funds?
It's simpler — one fund maintains the 35%+ minimum in each segment automatically, versus manually rebalancing two separate funds to your desired split. The tradeoff is less control over the exact ratio, which the combined fund keeps within its mandated range regardless of your personal view on either segment.
How volatile is a Large & Mid Cap fund compared to a pure large cap fund?
More volatile than pure large cap, since at least 35% is in mid cap stocks, which move more sharply than large caps. It's typically less volatile than a pure mid cap fund, since the mandatory 35%+ large cap allocation provides some stability the mid cap-only category doesn't have.
Related Pages
* Data is for informational purposes only. Mutual fund investments are subject to market risks. Past performance does not guarantee future returns. Consult a SEBI-registered investment advisor.