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HDFC Mutual Fund

HDFC Large & Mid Cap Fund

HDFC Mutual Fund · Direct plan · Growth

  • Equity
  • Large & Mid Cap Fund
  • Very High Risk
  • Rank 21 of 26 over 3 years
3-year returns
13.3%
a year
NAV
₹371.28
▼ 0.64% · 13 Nov 2026
Fund size
₹28,543 Cr
Expense ratio
0.92%
a year
Minimum SIP
₹100

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹349.58 and has returned 12.43% a year over 3 years.

Returns, and where it stands

Against the average large & mid cap fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year0.4%4.2%behind28 of 33
3 years13.3%14.9%behind21 of 26
5 years13%12.3%ahead9 of 26
10 years15.1%15%ahead10 of 19
Every period, and the Regular plan →
PeriodDirectRegular
1 month5.8%5.7%
3 months-1.1%-1.3%
6 months6.6%6.2%
1 year0.4%-0.4%
2 yearsp.a.5.3%4.5%
3 yearsp.a.13.3%12.4%
5 yearsp.a.13%12.1%
7 yearsp.a.18.3%17.5%
10 yearsp.a.15.1%14.5%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▲ 0.37% in the last 1Y

317.3346.6375.913 Nov 202515 May 202613 Nov 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
₹
years
Total invested
₹1,80,000
Gain
₹18,502
XIRR (per year)
6.47%
Value today
₹1,98,502

36 monthly instalments from 17 Nov 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
15.1% a year
about the same as the large & mid cap fund average
Worst fall so far
−39.5%
Jan 2020 to Mar 2020, against −30.5% for the category.
Years that made money
83.8%
Of every one-year stretch it has been through.
Over any three years
-8.9% to 39.1%
A year, at worst and at best. Typically 18%.

Fund details

Minimum lumpsum
₹100
Minimum top-up
₹100
Lock-in
None
Plan started
1 Jan 2013
Portfolio turnover
0.01x
Expense ratio
0.92%
as of 30 Sept 2026

Managed by Gopal Agrawal, Dhruv Muchhal

Direct plan figures, last checked on 7 Nov 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

HDFC Large & Mid Cap Fund against other funds in the Large & Mid Cap Fund category
Fund1Y3Y5YExpenseFund size
Invesco India Large & Mid Cap Fund14.18%23.38%17.65%0.79%₹12,178 Cr
Motilal Oswal Large and Midcap Fund10.02%21.43%18.15%0.91%₹19,832 Cr
HSBC Large & Mid Cap Fund12.59%18.83%14.49%1.39%₹5,784 Cr
Bandhan Large & Mid Cap Fund2.8%17.94%16.06%1.17%₹20,650 Cr
Axis Large & Mid Cap Fund7.32%16.03%11.8%0.83%₹16,438 Cr
UTI Large & Mid Cap Fund1.74%15.59%13.31%1.13%₹6,220 Cr
HDFC Large & Mid Cap Fund0.37%13.32%13.03%0.92%₹28,543 Cr

About HDFC Large & Mid Cap Fund

HDFC Large & Mid Cap Fund is a large & mid cap fund managed by HDFC Mutual Fund. Invest at least 35% each in large-cap and mid-cap companies, balancing stability with growth.

To generate long term capital appreciation/income from a portfolio, predominantly invested in equity and equity related instruments. There is no assurance that the investment objective of the Scheme will be realized.

The scheme's stated objective, as published by HDFC Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth Option₹371.277130498
DirectIDCW Option₹48.21130499
RegularGrowth Option₹349.575130496
RegularIDCW Option₹35.929130497

Frequently asked questions

What is the NAV of HDFC Large & Mid Cap Fund today?

The NAV of HDFC Large & Mid Cap Fund (Direct plan, Growth) is ₹371.277 and the Regular plan NAV is ₹349.575, as of 13 Nov 2026.

What returns has HDFC Large & Mid Cap Fund given?

Over the last year the Direct plan returned 0.37%, and 13.32% a year over 3 years and 13.03% a year over 5 years. That places it 21 of 26 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of HDFC Large & Mid Cap Fund?

The Direct plan charges 0.92% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in HDFC Large & Mid Cap Fund?

You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.

How much has HDFC Large & Mid Cap Fund fallen in the past?

Its deepest fall was 39.5% from 17 Jan 2020 to 23 Mar 2020. Of every one-year stretch in its history, 84% ended in a gain.

Which category does HDFC Large & Mid Cap Fund belong to?

It is a Large & Mid Cap Fund from HDFC Mutual Fund. Invest at least 35% each in large-cap and mid-cap companies, balancing stability with growth.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from HDFC Large & Mid Cap Fund taxed?

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.