Aditya Birla Sun Life Large & Mid Cap Fund vs PGIM India Flexi cap fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Large & Mid Cap Fund is a Large & Mid Cap fund and PGIM India Flexi cap fund is a Flexi Cap fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life Large & Mid Cap Fund (Direct) returned 11.0% a year and PGIM India Flexi cap fund (Direct) returned 10.6% a year. Aditya Birla Sun Life Large & Mid Cap Fund charges 1.27% a year and PGIM India Flexi cap fund 0.85% (Direct plans). Their portfolios overlap 34.0%: they hold 27 of the same securities.
Aditya Birla Sun Life Large & Mid Cap Fund
Large & Mid Cap
- 3 year return
- 11.0%
- Expense ratio
- 1.27%
- NAV
- ₹1,005.86
PGIM India Flexi cap fund
Flexi Cap
- 3 year return
- 10.6%
- Expense ratio
- 0.85%
- NAV
- ₹41.91
Which is better, Aditya Birla Sun Life Large & Mid Cap or PGIM India Flexi cap fund? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- PGIM India Flexi cap fund returned more over 5 years: 7.3% a year against 6.3%.
- Aditya Birla Sun Life Large & Mid Cap returned more over 3 years: 11.0% a year against 10.6%.
- PGIM India Flexi cap fund costs less: 0.85% a year against 1.27% (Direct plans).
- PGIM India Flexi cap fund swung less over 3 years: a standard deviation of 13.5% a year against 15.2%.
- PGIM India Flexi cap fund fell less in its worst fall since 09-03-2015: −36.5% against −39.3%.
- PGIM India Flexi cap fund holds more in large companies: 55.2% of the fund in large caps against 38.4%.
- Aditya Birla Sun Life Large & Mid Cap is the larger fund: ₹5,603 Cr against ₹5,595 Cr.
- Their portfolios overlap 34.0%: 27 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Large & Mid Cap Fund | PGIM India Flexi cap fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | PGIM India Mutual Fund |
| Category | Large & Mid Cap | Flexi Cap |
| AUM | ₹5,603 Cr (30-09-2026) | ₹5,595 Cr (30-09-2026) |
| NAV | ₹1,005.86 (Direct) | ₹41.91 (Direct) |
| Expense ratio (Direct) | 1.27% | 0.85% |
| Expense ratio (Regular) | 2.00% | 2.11% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | Nifty 500 TRI |
| Launch date | 24-02-1995 | 04-03-2015 |
| Minimum investment | ₹1,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Vishal Gajwani | Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia, Puneet Pal |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Exit load of 0.5%, if redeemed within 90 days. |
Aditya Birla Sun Life Large & Mid Cap vs PGIM India Flexi cap fund: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Large & Mid Cap Fund (Direct) | −2.05% | −4.89% | +0.11% | −2.36% | +10.96% | +6.28% | +10.71% |
| PGIM India Flexi cap fund (Direct) | −0.78% | −3.77% | +1.21% | −4.62% | +10.59% | +7.34% | +14.24% |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | +13.13% |
Category average: the average of the 36 Large & Mid Cap funds and the 46 Flexi Cap funds, same plan type.
Aditya Birla Sun Life Large & Mid Cap vs PGIM India Flexi cap fund: Year-wise Returns
| Year | Aditya Birla Sun Life Large & Mid CapAditya Birla Sun Life Large & Mid Cap | PGIM India Flexi cap fundPGIM India Flexi cap fund |
|---|---|---|
| 2026to date | −1.50% | −3.17% |
| 2025 | +4.34% | +6.13% |
| 2024 | +16.52% | +17.08% |
| 2023 | +27.97% | +21.66% |
| 2022 | −12.23% | −4.92% |
| 2021 | +39.46% | +46.45% |
Aditya Birla Sun Life Large & Mid Cap vs PGIM India Flexi cap fund: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of Aditya Birla Sun Life Large & Mid Cap Fund
Rolling returns
Every 3-year holding period, 2,129 of them, one for each trading day from 09-03-2018 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Large & Mid Cap Fund (Direct)
PGIM India Flexi cap fund (Direct)
NIFTY LargeMidcap 250 TRI
to
Nov 2018May 2017
to
May 2020Oct 2018
to
Oct 2021Apr 2020
to
Apr 2023Oct 2021
to
Oct 2024Feb 2023
to
Feb 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Large & Mid Cap | 7.1 | 4.7 | 10.9 | 43.7 | 21.7 | 10.5 | 1.3 | 12.8% | 13.5% | −8.0% | 28.6% | 8% |
| PGIM India Flexi cap fund | 1.0 | 2.7 | 16.4 | 36.1 | 14.5 | 10.8 | 18.5 | 16.3% | 14.1% | −5.2% | 40.4% | 44% |
| NIFTY LargeMidcap 250 TRI | 0.0 | 0.0 | 3.0 | 12.6 | 38.3 | 35.0 | 11.0 | 19.5% | 19.5% | 5.5% | 36.1% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is NIFTY LargeMidcap 250 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 09-03-2015. Past returns do not promise future returns.
Aditya Birla Sun Life Large & Mid Cap vs PGIM India Flexi cap fund: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-03-2015 to 30-10-2026: 140 instalments, ₹14,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Large & Mid CapAditya Birla Sun Life Large & Mid Cap Fund (Direct) | ₹14,00,000 | ₹27,79,525 | ₹13,79,525 | 11.2% |
| PGIM India Flexi cap fundPGIM India Flexi cap fund (Direct) | ₹14,00,000 | ₹32,91,201 | ₹18,91,201 | 13.8% |
Aditya Birla Sun Life Large & Mid CapAditya Birla Sun Life Large & Mid Cap Fund (Direct)
PGIM India Flexi cap fundPGIM India Flexi cap fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life Large & Mid Cap vs PGIM India Flexi cap fund: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Large & Mid Cap Fund (Direct) | PGIM India Flexi cap fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.36% | −4.62% |
| Standard deviation | 15.75% | 13.86% |
| Sharpe ratio | -0.48 | -0.71 |
| Sortino ratio | -0.65 | -0.96 |
| Maximum drawdown | −12.9% (31-03-2026) | −14.1% (30-03-2026) |
| Beta | 1.03 | 0.95 |
| Alpha | +4.46% | +2.07% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Large & Mid Cap Fund (Direct) | PGIM India Flexi cap fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.96% | +10.59% |
| Standard deviation | 15.24% | 13.48% |
| Sharpe ratio | 0.32 | 0.34 |
| Sortino ratio | 0.43 | 0.46 |
| Maximum drawdown | −20.5% (28-02-2025) | −17.3% (28-02-2025) |
| Beta | 1.00 | 0.92 |
| Alpha | −0.58% | +0.72% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Large & Mid Cap Fund (Direct) | PGIM India Flexi cap fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.28% | +7.34% |
| Standard deviation | 15.34% | 13.65% |
| Sharpe ratio | 0.03 | 0.11 |
| Sortino ratio | 0.04 | 0.15 |
| Maximum drawdown | −27.8% (20-06-2022) | −22.6% (20-06-2022) |
| Beta | 1.01 | 0.92 |
| Alpha | −4.35% | −1.23% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Large & Mid Cap Fund (Direct) | PGIM India Flexi cap fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.97% | +13.11% |
| Standard deviation | 16.78% | 15.63% |
| Sharpe ratio | 0.47 | 0.48 |
| Sortino ratio | 0.63 | 0.65 |
| Maximum drawdown | −39.3% (23-03-2020) | −36.5% (23-03-2020) |
| Beta | -- | 0.95 |
| Alpha | -- | +2.14% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Large & Mid Cap Fund (Direct)
PGIM India Flexi cap fund (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Large & Mid Cap Fund (Direct) | −39.3% | 12-02-2020 | 23-03-2020 | 13-11-2020 | 8 months | −8.3% |
| PGIM India Flexi cap fund (Direct) | −36.5% | 12-02-2020 | 23-03-2020 | 21-07-2020 | 4 months | −6.2% |
| NIFTY LargeMidcap 250 TRI | −37.8% | 24-01-2020 | 23-03-2020 | 05-11-2020 | 7 months | −8.6% |
From daily values since 09-03-2015, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Large & Mid Cap Fund (Direct)
PGIM India Flexi cap fund (Direct)
NIFTY LargeMidcap 250 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Large & Mid Cap Fund (Direct)
PGIM India Flexi cap fund (Direct)
NIFTY LargeMidcap 250 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Large & Mid Cap Fund (Direct)
PGIM India Flexi cap fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Large & Mid Cap Fund (Direct) | 97% | 110% | 4.25% |
| PGIM India Flexi cap fund (Direct) | 96% | 90% | 5.47% |
From month-end values since 09-03-2015. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Aditya Birla Sun Life Large & Mid Cap vs PGIM India Flexi cap fund: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Large & Mid Cap Fund, September 2026; PGIM India Flexi cap fund, September 2026
Holdings in common
- Overlap
- 34.0%
- Held by both
- 27
- Only in Aditya Birla Sun Life Large & Mid Cap
- 52
- Only in PGIM India Flexi cap fund
- 58
| Security | % of Aditya Birla Sun Life Large & Mid Cap | % of PGIM India Flexi cap fund |
|---|---|---|
| ICICI Bank Ltd. | 3.87% | 5.81% |
| TVS Motor Company Ltd. | 2.04% | 2.47% |
| Eternal Ltd. | 1.92% | 3.21% |
| Bajaj Finance Ltd. | 1.91% | 1.93% |
| Titan Company Ltd. | 1.80% | 1.85% |
| State Bank of India | 1.64% | 2.71% |
| JK Cement Ltd. | 2.77% | 1.58% |
| UNO Minda Ltd. | 2.20% | 1.45% |
| AU Small Finance Bank Ltd. | 3.45% | 1.41% |
| Mankind Pharma Ltd. | 1.54% | 1.30% |
| Navin Fluorine International Ltd. | 2.70% | 1.29% |
| Axis Bank Ltd. | 1.20% | 1.53% |
| Bharat Electronics Ltd. | 1.86% | 1.18% |
| Mahindra & Mahindra Ltd. | 1.45% | 1.14% |
| Persistent Systems Ltd. | 1.01% | 1.07% |
| Interglobe Aviation Ltd. | 1.01% | 1.01% |
| Hindalco Industries Ltd. | 2.02% | 1.00% |
| Max Healthcare Institute Ltd. | 0.98% | 1.47% |
| Larsen & Toubro Ltd. | 0.93% | 1.56% |
| Tata Consumer Products Ltd. | 0.83% | 0.97% |
| CG Power and Industrial Solutions Ltd. | 0.81% | 1.01% |
| One 97 Communications Ltd. | 1.88% | 0.79% |
| Bharti Airtel Ltd. | 0.77% | 3.86% |
| Tech Mahindra Ltd. | 0.72% | 1.72% |
| Jubilant Foodworks Ltd. | 0.70% | 0.85% |
| HDFC Life Insurance Company Ltd. | 0.39% | 0.92% |
| Varun Beverages Ltd. | 0.34% | 1.47% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 34.0% means 34.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Large & Mid Cap Fund
| Security | % of fund |
|---|---|
| APL Apollo Tubes Ltd. | 2.81% |
| Samvardhana Motherson International Ltd. | 2.65% |
| Astral Ltd. | 2.32% |
| Ajanta Pharma Ltd. | 2.27% |
| Max Financial Services Ltd. | 2.14% |
Largest holdings only in PGIM India Flexi cap fund
| Security | % of fund |
|---|---|
| HDFC Bank Ltd. | 6.12% |
| Reliance Industries Ltd. | 1.98% |
| JSW Steel Ltd. | 1.75% |
| Power Grid Corporation of India Ltd. | 1.37% |
| Divi's Laboratories Ltd. | 1.34% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Large & Mid Cap | PGIM India Flexi cap fund |
|---|---|---|
| Equity | 98.6% | 96.8% |
| Debt | 0.0% | 0.1% |
| Cash and others | 1.4% | 3.1% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Large & Mid Cap | PGIM India Flexi cap fund |
|---|---|---|
| Large Cap | 38.4% | 55.2% |
| Mid Cap | 37.8% | 21.3% |
| Small Cap | 22.4% | 17.5% |
| Not on AMFI's list | 0.0% | 2.7% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life Large & Mid Cap | PGIM India Flexi cap fund |
|---|---|---|
| Banks | 11.8% | 19.1% |
| Auto Components | 8.7% | 2.9% |
| Industrial Products | 7.9% | 1.8% |
| Pharmaceuticals & Biotechnology | 5.7% | 6.2% |
| Finance | 5.7% | 4.2% |
| Automobiles | 3.5% | 5.5% |
| IT - Software | 5.3% | 4.6% |
| Retailing | 5.1% | 5.2% |
| Consumer Durables | 3.0% | 4.3% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Large & Mid Cap vs PGIM India Flexi cap fund: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Large & Mid Cap Fund | PGIM India Flexi cap fund |
|---|---|---|
| Total expense ratio (Direct) | 1.27% | 0.85% |
| Base expense ratio (Direct) | 0.96% | 0.51% |
| Total expense ratio (Regular) | 2.00% | 2.11% |
| Base expense ratio (Regular) | 1.59% | 1.58% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
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Aditya Birla Sun Life Large & Mid Cap Fund vs PGIM India Flexi cap fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Large & Mid Cap Fund and PGIM India Flexi cap fund?
Aditya Birla Sun Life Large & Mid Cap Fund is a Large & Mid Cap fund, PGIM India Flexi cap fund is a Flexi Cap fund, run by Aditya Birla Sun Life Mutual Fund and PGIM India Mutual Fund. Their portfolios overlap 34.0%. Aditya Birla Sun Life Large & Mid Cap Fund charges 1.27% a year and PGIM India Flexi cap fund 0.85%.
Which has given higher returns, Aditya Birla Sun Life Large & Mid Cap Fund or PGIM India Flexi cap fund?
Over 1 year: Aditya Birla Sun Life Large & Mid Cap Fund −2.36%, PGIM India Flexi cap fund −4.62%. Over 3 years: Aditya Birla Sun Life Large & Mid Cap Fund +10.96% a year, PGIM India Flexi cap fund +10.59% a year. Over 5 years: Aditya Birla Sun Life Large & Mid Cap Fund +6.28% a year, PGIM India Flexi cap fund +7.34% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Large & Mid Cap Fund or PGIM India Flexi cap fund?
PGIM India Flexi cap fund charges less: 0.85% a year against 1.27%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Large & Mid Cap Fund and PGIM India Flexi cap fund overlap?
34.0%. They hold 27 of the same securities, the largest shared ones being ICICIBANK, TVSMOTOR, ETERNAL. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Large & Mid Cap Fund or PGIM India Flexi cap fund?
On SEBI's riskometer, Aditya Birla Sun Life Large & Mid Cap Fund is rated Very High and PGIM India Flexi cap fund Very High. Over 3 years, the standard deviation of daily returns was 15.24% and 13.48% a year.
Which is better for SIP, Aditya Birla Sun Life Large & Mid Cap Fund or PGIM India Flexi cap fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,47,758 in Aditya Birla Sun Life Large & Mid Cap Fund (XIRR 8.0% a year) and ₹7,42,625 in PGIM India Flexi cap fund (XIRR 7.7% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Large & Mid Cap Fund and PGIM India Flexi cap fund?
Yes. 34.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Aditya Birla Sun Life Large & Mid Cap Fund and PGIM India Flexi cap fund?
Aditya Birla Sun Life Large & Mid Cap Fund: Vishal Gajwani. PGIM India Flexi cap fund: Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia, Puneet Pal.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
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.