Top 5 Large & Midcap Mutual Funds With 30+ Years Track Record and Consistent High Returns
Discover India’s most trusted long-term large and midcap funds—compare returns, risk, and AUM to make informed investment choices.
Why Consider Large & Midcap Funds With Long-Term Track Record?
When it comes to building wealth over decades, mutual funds with a 30+ year history stand out for their proven ability to deliver through market cycles.
- Large & midcap funds combine the stability of blue-chip companies with the growth potential of midcaps, offering both safety and opportunity.
- While largecaps protect your investment in downturns, midcaps add the potential for accelerated growth.
- Keep in mind, these funds are best suited for investors willing to withstand higher volatility for potentially greater long-term rewards.
1. UTI Large & Mid Cap Fund
- Launch Date: 16 February 1993
- Returns Since Launch: 13.90% average annual
- 20-Year CAGR: 14.19%
- AUM: ₹4,544 crore (May 2025)
- Expense Ratio: 1.93% (June 2025)
- Risk: Very High
- Summary: The oldest in its category, UTI’s fund is known for stable returns across decades, making it a reliable option for long-term investors ready for market ups and downs.
2. SBI Large & Midcap Fund
- Launch Date: 28 February 1993
- Returns Since Launch: 15.08% average annual
- 20-Year CAGR: 17.48%
- AUM: ₹31,296 crore (May 2025)
- Expense Ratio: 1.58% (June 2025)
- Risk: Very High
- Summary: This fund boasts the highest 20-year return (17.48%) in the list, with strong size and decent cost, reflecting broad investor confidence.
3. Tata Large & Mid Cap Fund
- Launch Date: 31 March 1993
- Returns Since Launch: 13.12% average annual
- 20-Year CAGR: 15.27%
- AUM: ₹8,546 crore (May 2025)
- Expense Ratio: 1.74% (June 2025)
- Risk: Very High
- Summary: Tata’s fund offers consistent performance with moderate fees, open-ended flexibility, and a balanced approach to growth and risk.
4. HDFC Large & Mid Cap Fund
- Launch Date: 18 February 1994
- Returns Since Launch: 13.01% average annual
- 20-Year CAGR: 13.49%
- AUM: ₹25,412 crore (May 2025)
- Expense Ratio: 1.64% (June 2025)
- Risk: Very High
- Summary: Known for navigating market volatility, HDFC’s fund is favored by those seeking long-term stability with steady performance across cycles.
5. Aditya Birla Sun Life Large & Mid Cap Fund
- Launch Date: 24 February 1995
- Returns Since Launch: 16.74% average annual (best since inception)
- 20-Year CAGR: 13.78%
- AUM: ₹5,737 crore (May 2025)
- Expense Ratio: 1.89% (June 2025)
- Risk: Very High
- Summary: Delivers the highest since-inception return among peers, making it a solid option for aggressive investors focused on long-term wealth creation.
Quick Comparison Table
| Fund Name | Since Launch Return | 20-Year CAGR | AUM (₹ Cr) | Expense Ratio | Risk |
|---|---|---|---|---|---|
| UTI Large & Mid Cap Fund | 13.90% | 14.19% | 4,544 | 1.93% | Very High |
| SBI Large & Midcap Fund | 15.08% | 17.48% | 31,296 | 1.58% | Very High |
| Tata Large & Mid Cap Fund | 13.12% | 15.27% | 8,546 | 1.74% | Very High |
| HDFC Large & Mid Cap Fund | 13.01% | 13.49% | 25,412 | 1.64% | Very High |
| Aditya Birla Sun Life Large & Mid Cap | 16.74% | 13.78% | 5,737 | 1.89% | Very High |
What Should Investors Know?
- Past returns don’t guarantee future results.
- Assess your risk appetite—these funds are all classified as “Very High Risk.”
- Match investments to your financial goals and time horizon.
- Consider fund size, cost, and consistency in performance—not just recent returns.
Key Takeaway
If you’re aiming for long-term wealth creation with a proven record, these five large & midcap mutual funds remain some of India’s most trusted and time-tested options.
- Evaluate each fund based on your unique needs, and consult an advisor before making your investment move.
