The large & mid cap category has 27 schemes, including active and passive schemes. The two popular large & mid cap benchmarks, NIFTY LargeMidcap 250 – TRI and S&P BSE 250 LargeMidCap Index – TRI, offered 7.66% and 8.22% respectively in this year till date, according to ACE MF data. That means, the category has offered lower average return.
Quant Large & Mid Cap Fund was the topper among the active large & mid cap funds, with around 17.65% returns. Tata Large & Mid Cap Fund was in the second position. The scheme offered around 14.50% returns. ICICI Prudential Large & Mid Cap Fund followed, with around 14% returns. HDFC Large and Mid Cap Fund and SBI Large & Midcap Fund offered around 11% returns, according to ACE MF data.
The only passive scheme in the large & mid cap category was Edelweiss NIFTY Large Mid Cap 250 Index Fund. The scheme offered 5.21% returns this year.The scheme was among the top 10 performers in the large & mid cap category, as per the data from Value research.Active large & mid cap schemes got inflows worth Rs 18,783.04 crore between January and November 2022. These schemes attracted inflow of only Rs 8,714.68 crore in 2021.
Source: ACE MF, Returns as on December 13 2022