Top Large Cap Mutual Funds (2026)
Ranked by 3 year return, Direct plans, as on the latest NAV · AUM as on 30-09-2026
There are 35 Large Cap mutual funds. Their average 3 year return is 10.4% a year, and −6.3% over the last year. The highest 3 year returns: Taurus Large Cap Fund 14.2%, Invesco India Large cap Fund 14.0%, quant Large Cap Fund 13.6%.
- Total AUM
- ₹3,90,992 Cr
- As on 30-09-2026
- Funds
- 35
- From 35 fund houses
- Expense ratio
- 0.32% to 2.51%
- Direct plans, lowest to highest
- Average 3Y return
- 10.4%
- A year, Direct plans
All Large Cap Funds
Ranked by 3 year return, highest first
Ranked by 3 year return, highest first
| Exit load | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Taurus Large Cap Fund | 1 | 62 | +2.96% | +14.19% | +10.15% | +10.18% | Very High | 2.51% | 1% within 365 days | 13.75% |
| Invesco India Large cap Fund | 2 | 1,925 | −2.38% | +14.04% | +10.24% | +13.45% | Very High | 0.91% | None | 14.29% |
| quant Large Cap Fund | 3 | 3,669 | −0.87% | +13.55% | -- | -- | Very High | 1.47% | 1% within 15 days | 15.90% |
| WhiteOak Capital Large Cap Fund | 4 | 1,208 | −5.44% | +13.22% | -- | -- | Very High | 0.92% | None | 13.27% |
| Bandhan Large Cap Fund | 5 | 2,180 | −5.34% | +13.03% | +9.52% | +12.74% | Very High | 1.08% | 0.5% within 30 days | 13.42% |
| Bank of India Large Cap Fund | 6 | 226 | −2.80% | +11.81% | +8.56% | -- | Very High | 1.29% | 1% within 3 months | 15.01% |
| Baroda BNP Paribas Large Cap Fund | 7 | 2,465 | −4.29% | +11.48% | -- | -- | -- | 0.88% | -- | 13.09% |
| Nippon India Large Cap Fund | 8 | 51,296 | −8.74% | +11.01% | +11.98% | +13.73% | Very High | 0.86% | 1% within 7 days | 13.49% |
| DSP Large Cap Fund | 9 | 6,642 | −8.56% | +10.95% | +9.10% | +10.38% | Very High | 1.18% | 1% within 12 months | 12.19% |
| Tata Large Cap Fund | 10 | 2,553 | −6.45% | +10.64% | +8.56% | +11.80% | Very High | 1.25% | 0.5% within 30 days | 13.80% |
| Groww Large Cap Fund | 11 | 133 | −5.90% | +10.59% | +8.20% | +11.00% | -- | 1.69% | -- | 13.73% |
| JM Large Cap Fund | 12 | 356 | −5.72% | +10.48% | +9.46% | +11.44% | Very High | 1.19% | 1% within 30 days | 14.91% |
| Canara Robeco Large Cap Fund | 13 | 15,963 | −7.88% | +10.46% | +8.31% | +13.41% | Very High | 0.63% | 1% within 1 year | 13.05% |
| Edelweiss Large Cap Fund | 14 | 1,366 | −5.79% | +10.37% | +9.46% | +12.90% | Very High | 0.97% | 1% within 90 days | 13.05% |
| ICICI Prudential Large Cap Fund | 15 | 76,352 | −9.69% | +10.31% | +9.88% | +13.02% | Very High | 1.01% | 1% within 1 month | 12.55% |
| HSBC Large Cap Fund | 16 | 1,755 | −5.32% | +10.25% | +8.24% | +11.64% | Very High | 1.42% | 1% within 1 year | 14.12% |
| Kotak Large Cap Fund | 17 | 10,514 | −8.49% | +10.14% | +8.31% | +12.42% | Very High | 0.76% | 1% within 1 year | 13.09% |
| Franklin India Large Cap Fund | 18 | 6,906 | −6.59% | +10.11% | +7.03% | +10.57% | -- | 1.45% | 1% within 1 year | 12.77% |
| ITI Large Cap Fund | 19 | 352 | −6.51% | +9.95% | +7.74% | -- | Very High | 0.93% | 0.5% within 3 months | 15.46% |
| Aditya Birla Sun Life Large Cap Fund | 20 | 27,933 | −8.04% | +9.80% | +8.26% | +11.35% | Very High | 1.06% | 1% within 90 days | 12.95% |
| Axis Large Cap Fund | 21 | 29,231 | −5.71% | +9.35% | +5.24% | +12.31% | Very High | 0.92% | None | 12.71% |
| SBI Large Cap Fund | 22 | 52,373 | −5.75% | +9.25% | +8.31% | +11.54% | -- | 0.89% | -- | 12.56% |
| Mahindra Manulife Large Cap Fund | 23 | 647 | −8.80% | +9.23% | +7.57% | -- | Very High | 1.09% | 1% within 3 months | 12.91% |
| Mirae Asset Large Cap Fund | 24 | 35,594 | −7.81% | +8.78% | +7.00% | +12.11% | Very High | 0.76% | 1% within 1 year | 13.21% |
| HDFC Large Cap Fund | 25 | 37,294 | −8.00% | +8.64% | +9.58% | +11.81% | Very High | 1.02% | 1% within 1 year | 13.42% |
| PGIM India Large Cap Fund | 26 | 502 | −7.56% | +8.01% | +6.73% | +10.68% | Very High | 1.09% | 0.5% within 90 days | 12.90% |
| Sundaram Large Cap Fund | 27 | 2,866 | −6.10% | +7.98% | +7.37% | -- | Very High | 0.87% | 1% within 365 days | 12.72% |
| LIC MF Large Cap Fund | 28 | 1,302 | −10.55% | +7.96% | +5.19% | +10.17% | Very High | 1.38% | 1% within 3 months | 13.81% |
| UTI - Large Cap Fund | 29 | 11,436 | −8.44% | +7.86% | +6.11% | +11.24% | Very High | 1.19% | Varies | 12.44% |
| Union Largecap Fund | 30 | 408 | −8.09% | +7.81% | +6.11% | -- | Very High | 1.68% | 1% within 15 days | 13.72% |
| Motilal Oswal Large Cap Fund | -- | 2,925 | −7.08% | -- | -- | -- | Very High | 0.99% | 1% within 15 days | -- |
| Bajaj Finserv Large Cap Fund | -- | 1,560 | −4.47% | -- | -- | -- | Very High | 1.19% | 1% within 6 months | -- |
| Parag Parikh Large Cap Fund | -- | 866 | -- | -- | -- | -- | Very High | 0.32% | None | -- |
| Samco Large Cap Fund | -- | 86 | −8.72% | -- | -- | -- | Very High | 2.15% | 1% within 30 days | -- |
| JioBlackRock Large Cap Fund | -- | 47 | -- | -- | -- | -- | Very High | 1.33% | None | -- |
Returns of each fund's Direct plan (its only plan where it has one), as on the latest NAV. 3, 5 and 10 year figures are a rate a year. Std dev: how much the daily returns swung over 3 years, as a yearly figure; lower is steadier. Riskometer and exit load from the fund's scheme summary document; "Varies" means the load changes with how long you hold, and the fund page has the full wording. Expense ratio: Direct plan, from AMFI. AUM at the end of the fund's last reported month. A fund younger than 3 years has no rank and is listed after the ranked ones.
Stocks Large Cap Funds Bought and Sold in September 2026
What the 5 largest Large Cap funds changed in their September 2026 portfolios, against the month before
Bought
| Stock | New in | Added by |
|---|---|---|
| National Stock Exchange of India Ltd.ICICI Prudential Large Cap, Nippon India Large Cap, HDFC Large Cap, Mirae Asset Large Cap | 4 funds | -- |
| Bharti Airtel Ltd.ICICI Prudential Large Cap, Nippon India Large Cap | 1 fund | 1 fund |
| Shriram Finance Ltd.ICICI Prudential Large Cap, Mirae Asset Large Cap | 1 fund | 1 fund |
| Swiggy LtdICICI Prudential Large Cap, SBI Large Cap | 1 fund | 1 fund |
| HDFC Bank Ltd.ICICI Prudential Large Cap, Nippon India Large Cap | -- | 2 funds |
| Kotak Mahindra Bank Ltd.SBI Large Cap, Mirae Asset Large Cap | -- | 2 funds |
| Avenue Supermarts Ltd.ICICI Prudential Large Cap, Nippon India Large Cap | -- | 2 funds |
| United Spirits Ltd.ICICI Prudential Large Cap, Nippon India Large Cap | -- | 2 funds |
| MAX Healthcare Institute LtdICICI Prudential Large Cap, Mirae Asset Large Cap | -- | 2 funds |
| Godrej Consumer Products Ltd.ICICI Prudential Large Cap, Mirae Asset Large Cap | -- | 2 funds |
Sold
| Stock | Exited by | Reduced by |
|---|---|---|
| Maruti Suzuki India Ltd.ICICI Prudential Large Cap, Nippon India Large Cap, HDFC Large Cap | 1 fund | 2 funds |
| SBI Life Insurance Company Ltd.ICICI Prudential Large Cap, HDFC Large Cap | 1 fund | 1 fund |
| Lupin Ltd.ICICI Prudential Large Cap, Nippon India Large Cap | 1 fund | 1 fund |
| ICICI Bank LimitedNippon India Large Cap, Mirae Asset Large Cap | -- | 2 funds |
| Larsen & Toubro Ltd.ICICI Prudential Large Cap, Mirae Asset Large Cap | -- | 2 funds |
| Life Insurance Corporation of IndiaMirae Asset Large Cap | 1 fund | -- |
| Bank Of BarodaICICI Prudential Large Cap | 1 fund | -- |
| United Breweries Ltd.ICICI Prudential Large Cap | 1 fund | -- |
| Wipro Ltd.ICICI Prudential Large Cap | 1 fund | -- |
| Adani Ports and Special Economic Zone Ltd.ICICI Prudential Large Cap | 1 fund | -- |
From each fund's own monthly portfolio, stocks only. "New in" means the fund did not hold the stock the month before; "Exited by" means it sold all of it. Added and reduced count shares held, so a price move alone is not a change. Funds counted: ICICI Prudential Large Cap Fund, SBI Large Cap Fund, Nippon India Large Cap Fund, HDFC Large Cap Fund, Mirae Asset Large Cap Fund.
Compare Large Cap Funds
The largest funds of the category, side by side
How Large Cap Funds Are Taxed
As equity funds: 65% or more of each fund is in Indian stocks
| When you sell | Tax on the gain |
|---|---|
| Within 1 year | 20% of the gain (short term) |
| After 1 year | 12.5% of gains above ₹1.25 lakh a financial year (long term) |
- IDCW (dividend) payouts are added to your income and taxed at your slab rate.
- A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
What Is a Large Cap Fund?
At least 80% of the fund in large cap stocks: the 100 largest listed companies by market value. This is the rule SEBI sets for every fund in the category, so their portfolios can be compared.
Other equity categories: Large & Mid Cap · Mid Cap · Small Cap · Multi Cap · Flexi Cap · Focused · Value and Contra · Dividend Yield · ELSS
Large Cap Funds: Frequently Asked Questions
Which are the top Large Cap mutual funds?
By 3 year return, the top Large Cap funds are 1. Taurus Large Cap Fund (14.2% a year), 2. Invesco India Large cap Fund (14.0% a year), 3. quant Large Cap Fund (13.6% a year), 4. WhiteOak Capital Large Cap Fund (13.2% a year), 5. Bandhan Large Cap Fund (13.0% a year). Past returns do not promise future returns, so also look at costs, risk and how long each fund has done well.
How many Large Cap funds are there?
35 Large Cap funds are open for investment, from 35 fund houses.
What is a Large Cap fund?
At least 80% of the fund in large cap stocks: the 100 largest listed companies by market value.
What is the average return of Large Cap funds?
1 year: -6.3%, 3 years: 10.4% a year, 5 years: 8.2% a year. The simple average of every Large Cap fund's Direct plan.
Which Large Cap fund has the lowest expense ratio?
Parag Parikh Large Cap Fund, at 0.32% a year (Direct plan), as reported to AMFI.
Which is the largest Large Cap fund?
ICICI Prudential Large Cap Fund, with ₹76,352 Cr of investors' money on 30-09-2026.
How are Large Cap funds taxed?
As equity funds: gains on units sold within 1 year are taxed at 20%; after that, gains above ₹1.25 lakh a financial year are taxed at 12.5%.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.