Aditya Birla Sun Life Quant Fund vs LIC MF Large & Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Quant Fund is a Thematic fund and LIC MF Large & Mid Cap Fund is a Large & Mid Cap fund. In the year to 30-10-2026, Aditya Birla Sun Life Quant Fund (Direct) returned −0.9% and LIC MF Large & Mid Cap Fund (Direct) returned −7.9%. Aditya Birla Sun Life Quant Fund charges 1.30% a year and LIC MF Large & Mid Cap Fund 1.46% (Direct plans). Their portfolios overlap 26.8%: they hold 13 of the same securities.
Aditya Birla Sun Life Quant Fund
Thematic
- 1 year return
- −0.9%
- Expense ratio
- 1.30%
- NAV
- ₹9.97
LIC MF Large & Mid Cap Fund
Large & Mid Cap
- 1 year return
- −7.9%
- Expense ratio
- 1.46%
- NAV
- ₹41.93
Which is better, Aditya Birla Sun Life Quant or LIC MF Large & Mid Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Aditya Birla Sun Life Quant returned more over 1 year: −0.9% against −7.9%.
- Aditya Birla Sun Life Quant costs less: 1.30% a year against 1.46% (Direct plans).
- LIC MF Large & Mid Cap fell less in its worst fall since 01-07-2024: −18.7% against −22.9%.
- Aditya Birla Sun Life Quant holds more in large companies: 54.6% of the fund in large caps against 36.5%.
- LIC MF Large & Mid Cap is the larger fund: ₹2,949 Cr against ₹1,855 Cr.
- Their portfolios overlap 26.8%: 13 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 Quant Fund | LIC MF Large & Mid Cap Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | LIC Mutual Fund |
| Category | Thematic | Large & Mid Cap |
| AUM | ₹1,855 Cr (30-09-2026) | ₹2,949 Cr (30-09-2026) |
| NAV | ₹9.97 (Direct) | ₹41.93 (Direct) |
| Expense ratio (Direct) | 1.30% | 1.46% |
| Expense ratio (Regular) | 2.57% | 2.68% |
| Riskometer | Low to Moderate | Very High |
| Benchmark | Nifty 200 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 28-06-2024 | 25-02-2015 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Kartikeya Singh, Harish Krishnan | Sudhanshu Asthana |
| Exit load | NIL | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months. |
Aditya Birla Sun Life Quant vs LIC MF Large & Mid Cap: 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 Quant Fund (Direct) | −0.30% | −5.14% | 0.00% | −0.89% | -- | -- | -- |
| LIC MF Large & Mid Cap Fund (Direct) | −3.00% | −7.26% | −2.30% | −7.88% | +11.97% | +9.55% | +13.36% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
Category average: the average of the 235 Thematic funds and the 36 Large & Mid Cap funds, same plan type.
Aditya Birla Sun Life Quant vs LIC MF Large & Mid Cap: Year-wise Returns
| Year | Aditya Birla Sun Life QuantAditya Birla Sun Life Quant | LIC MF Large & Mid CapLIC MF Large & Mid Cap |
|---|---|---|
| 2026to date | −3.86% | −7.16% |
| 2025 | +7.91% | +1.55% |
| 2024 | -- | +29.62% |
| 2023 | -- | +28.25% |
| 2022 | -- | −0.84% |
| 2021 | -- | +35.49% |
Aditya Birla Sun Life Quant vs LIC MF Large & Mid Cap: Rolling Returns
Every holding period of both funds, against Nifty 200 TRI, the benchmark of Aditya Birla Sun Life Quant Fund
Rolling returns
Every 1-year holding period, 329 of them, one for each trading day from 01-07-2025 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 Quant Fund (Direct)
LIC MF Large & Mid Cap Fund (Direct)
Nifty 200 TRI
to
Aug 2025Oct 2024
to
Oct 2025Jan 2025
to
Jan 2026Apr 2025
to
Apr 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 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 Quant | 26.7 | 15.2 | 32.2 | 15.8 | 5.5 | 3.6 | 0.9 | 5.6% | 6.9% | −11.2% | 26.1% | 60% |
| LIC MF Large & Mid Cap | 38.7 | 39.3 | 16.2 | 4.6 | 1.2 | 0.0 | 0.0 | 1.6% | 1.0% | −9.8% | 16.0% | 32% |
| Nifty 200 TRI | 33.1 | 33.7 | 20.1 | 10.0 | 3.0 | 0.0 | 0.0 | 3.0% | 2.2% | −9.6% | 16.3% | -- |
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 200 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 01-07-2024. Past returns do not promise future returns.
Aditya Birla Sun Life Quant vs LIC MF Large & Mid Cap: 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 01-07-2024 to 30-10-2026: 28 instalments, ₹2,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life QuantAditya Birla Sun Life Quant Fund (Direct) | ₹2,80,000 | ₹2,84,945 | ₹4,945 | 1.5% |
| LIC MF Large & Mid CapLIC MF Large & Mid Cap Fund (Direct) | ₹2,80,000 | ₹2,68,731 | −₹11,269 | −3.4% |
Aditya Birla Sun Life QuantAditya Birla Sun Life Quant Fund (Direct)
LIC MF Large & Mid CapLIC MF Large & Mid 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 Quant vs LIC MF Large & Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Quant Fund (Direct) | LIC MF Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.89% | −7.88% |
| Standard deviation | 15.79% | 15.97% |
| Sharpe ratio | -0.39 | -0.82 |
| Sortino ratio | -0.52 | -1.10 |
| Maximum drawdown | −14.7% (23-03-2026) | −13.8% (31-03-2026) |
| Beta | 1.04 | 1.03 |
| Alpha | +7.45% | −1.11% |
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 Quant Fund (Direct) | LIC MF Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.17% | +13.05% |
| Standard deviation | 14.96% | 15.57% |
| Sharpe ratio | -0.40 | 0.48 |
| Sortino ratio | -0.53 | 0.63 |
| Maximum drawdown | −22.9% (28-02-2025) | −33.9% (23-03-2020) |
| Beta | 1.02 | -- |
| Alpha | +0.50% | -- |
From daily NAVs, 01-07-2024 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 Quant Fund (Direct)
LIC MF Large & Mid Cap Fund (Direct)
Nifty 200 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Quant Fund (Direct) | −22.9% | 27-09-2024 | 28-02-2025 | 06-08-2026 | 17 months | −7.7% |
| LIC MF Large & Mid Cap Fund (Direct) | −18.7% | 27-09-2024 | 28-02-2025 | 05-08-2026 | 17 months | −10.4% |
| Nifty 200 TRI | −17.8% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −9.4% |
From daily values since 01-07-2024, 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 Quant Fund (Direct)
LIC MF Large & Mid Cap Fund (Direct)
Nifty 200 TRI
Against Nifty 200 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Quant Fund (Direct) | 104% | 99% | 5.99% |
| LIC MF Large & Mid Cap Fund (Direct) | 99% | 103% | 6.39% |
From month-end values since 01-07-2024. 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 Quant vs LIC MF Large & Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Quant Fund, September 2026; LIC MF Large & Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 26.8%
- Held by both
- 13
- Only in Aditya Birla Sun Life Quant
- 31
- Only in LIC MF Large & Mid Cap
- 25
| Security | % of Aditya Birla Sun Life Quant | % of LIC MF Large & Mid Cap |
|---|---|---|
| Apollo Hospitals Enterprise Ltd. | 4.29% | 2.91% |
| Marico Ltd. | 4.76% | 2.82% |
| Eicher Motors Ltd. | 2.78% | 3.83% |
| Divi's Laboratories Ltd. | 2.36% | 3.02% |
| Navin Fluorine International Ltd. | 2.48% | 2.31% |
| Sun Pharmaceutical Industries Ltd. | 3.55% | 2.06% |
| Aster DM Quality Care Ltd. | 2.34% | 2.06% |
| Hindalco Industries Ltd. | 3.54% | 1.96% |
| Zydus Lifesciences Ltd. | 2.12% | 1.71% |
| Bajaj Finance Ltd. | 1.66% | 3.17% |
| Shriram Finance Ltd. | 1.49% | 2.43% |
| FSN E-Commerce Ventures Ltd. | 1.44% | 3.16% |
| Delhivery Ltd. | 1.23% | 2.19% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 26.8% means 26.8% 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 Quant Fund
| Security | % of fund |
|---|---|
| Torrent Pharmaceuticals Ltd. | 4.55% |
| Nestle India Ltd. | 4.13% |
| Laurus Labs Ltd. | 4.03% |
| Grasim Industries Ltd. | 4.03% |
| The Federal Bank Ltd. | 3.98% |
Largest holdings only in LIC MF Large & Mid Cap Fund
| Security | % of fund |
|---|---|
| AU Small Finance Bank Ltd. | 4.16% |
| Persistent Systems Ltd. | 3.99% |
| CG Power and Industrial Solutions Ltd. | 3.63% |
| InterGlobe Aviation Ltd. | 3.42% |
| Cartrade Tech Ltd. | 3.29% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Quant | LIC MF Large & Mid Cap |
|---|---|---|
| Equity | 99.8% | 97.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 2.3% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Quant | LIC MF Large & Mid Cap |
|---|---|---|
| Large Cap | 54.6% | 36.5% |
| Mid Cap | 40.3% | 42.4% |
| Small Cap | 5.0% | 18.7% |
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 Quant | LIC MF Large & Mid Cap |
|---|---|---|
| Pharmaceuticals & Biotechnology | 19.6% | 6.8% |
| Finance | 5.5% | 11.1% |
| Industrial Products | 11.0% | 0.0% |
| Electrical Equipment | 0.9% | 9.8% |
| Banks | 5.2% | 9.3% |
| Retailing | 1.4% | 8.7% |
| Automobiles | 7.2% | 3.8% |
| Healthcare Services | 6.6% | 5.0% |
| Chemicals & Petrochemicals | 5.6% | 2.3% |
| Transport Services | 1.2% | 5.6% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Quant vs LIC MF Large & Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Quant Fund | LIC MF Large & Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.30% | 1.46% |
| Base expense ratio (Direct) | 0.66% | 0.57% |
| Total expense ratio (Regular) | 2.57% | 2.68% |
| Base expense ratio (Regular) | 1.78% | 1.69% |
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
Compare Aditya Birla Sun Life Quant with
Aditya Birla Sun Life Quant Fund vs LIC MF Large & Mid Cap Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Quant Fund and LIC MF Large & Mid Cap Fund?
Aditya Birla Sun Life Quant Fund is a Thematic fund, LIC MF Large & Mid Cap Fund is a Large & Mid Cap fund, run by Aditya Birla Sun Life Mutual Fund and LIC Mutual Fund. Their portfolios overlap 26.8%. Aditya Birla Sun Life Quant Fund charges 1.30% a year and LIC MF Large & Mid Cap Fund 1.46%.
Which has given higher returns, Aditya Birla Sun Life Quant Fund or LIC MF Large & Mid Cap Fund?
Over 1 year: Aditya Birla Sun Life Quant Fund −0.89%, LIC MF Large & Mid Cap Fund −7.88%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Quant Fund or LIC MF Large & Mid Cap Fund?
Aditya Birla Sun Life Quant Fund charges less: 1.30% a year against 1.46%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Quant Fund and LIC MF Large & Mid Cap Fund overlap?
26.8%. They hold 13 of the same securities, the largest shared ones being APOLLOHOSP, MARICO, EICHERMOT. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Quant Fund or LIC MF Large & Mid Cap Fund?
On SEBI's riskometer, Aditya Birla Sun Life Quant Fund is rated Low to Moderate and LIC MF Large & Mid Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 15.79% and 15.97% a year.
Can I invest in both Aditya Birla Sun Life Quant Fund and LIC MF Large & Mid Cap Fund?
Yes. 26.8% 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 Quant Fund and LIC MF Large & Mid Cap Fund?
Aditya Birla Sun Life Quant Fund: Kartikeya Singh, Harish Krishnan. LIC MF Large & Mid Cap Fund: Sudhanshu Asthana.
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.