Invesco India Large & Mid Cap Fund vs UTI Large & Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Invesco India Large & Mid Cap Fund and UTI Large & Mid Cap Fund are both Large & Mid Cap funds. In the 3 years to 30-10-2026, Invesco India Large & Mid Cap Fund (Direct) returned 21.3% a year and UTI Large & Mid Cap Fund (Direct) returned 13.9% a year. Invesco India Large & Mid Cap Fund charges 0.79% a year and UTI Large & Mid Cap Fund 1.14% (Direct plans). Their portfolios overlap 12.6%: they hold 9 of the same securities.
Invesco India Large & Mid Cap Fund
Large & Mid Cap
- 3 year return
- 21.3%
- Expense ratio
- 0.79%
- NAV
- ₹125.05
UTI Large & Mid Cap Fund
Large & Mid Cap
- 3 year return
- 13.9%
- Expense ratio
- 1.14%
- NAV
- ₹187.92
Which is better, Invesco India Large & Mid Cap or UTI 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.
- Invesco India Large & Mid Cap returned more over 5 years: 15.8% a year against 12.4%.
- Invesco India Large & Mid Cap returned more over 3 years: 21.3% a year against 13.9%.
- Invesco India Large & Mid Cap costs less: 0.79% a year against 1.14% (Direct plans).
- UTI Large & Mid Cap swung less over 3 years: a standard deviation of 13.6% a year against 16.6%.
- Invesco India Large & Mid Cap fell less in its worst fall since 02-01-2013: −35.3% against −41.5%.
- Invesco India Large & Mid Cap is the larger fund: ₹12,178 Cr against ₹6,220 Cr.
- Their portfolios overlap 12.6%: 9 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 | Invesco India Large & Mid Cap Fund | UTI Large & Mid Cap Fund |
|---|---|---|
| Fund house | Invesco Mutual Fund | UTI Mutual Fund |
| Category | Large & Mid Cap | Large & Mid Cap |
| AUM | ₹12,178 Cr (30-09-2026) | ₹6,220 Cr (30-09-2026) |
| NAV | ₹125.05 (Direct) | ₹187.92 (Direct) |
| Expense ratio (Direct) | 0.79% | 1.14% |
| Expense ratio (Regular) | 1.87% | 1.96% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 09-08-2007 | 20-05-2009 |
| Minimum investment | Not available | Regular Plan-Growth- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan-Reinvestment of IDCW- Rs.5000, Direct Plan-Payout of IDCW- Rs.5000, |
| Lock in | None | None |
| Fund managers | Deepak Gupta, Aditya Khemani | V Srivatsa FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year. | 1% if redeemed before 1 year from the date of allotment. Nil if redeemed on or after 1 year from the date of allotment |
Invesco India Large & Mid Cap vs UTI 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 |
|---|---|---|---|---|---|---|---|
| Invesco India Large & Mid Cap Fund (Direct) | −1.25% | −4.69% | +6.53% | +1.30% | +21.30% | +15.81% | +16.78% |
| UTI Large & Mid Cap Fund (Direct) | −1.68% | −6.23% | −3.58% | −4.85% | +13.94% | +12.41% | +13.40% |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
Category average: the average of the 36 Large & Mid Cap funds, same plan type.
Invesco India Large & Mid Cap vs UTI Large & Mid Cap: Year-wise Returns
| Year | Invesco IndiaInvesco India Large & Mid Cap | UTIUTI Large & Mid Cap | NIFTY LargeMidcap 250 TRI |
|---|---|---|---|
| 2026to date | +4.45% | −7.15% | −7.09% |
| 2025 | +5.88% | +8.40% | +8.19% |
| 2024 | +39.09% | +28.31% | +18.68% |
| 2023 | +33.20% | +35.35% | +32.66% |
| 2022 | +0.89% | +5.29% | +4.48% |
| 2021 | +31.44% | +41.52% | +37.04% |
Invesco India Large & Mid Cap vs UTI Large & Mid Cap: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,666 of them, one for each trading day from 04-01-2016 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.
Invesco India Large & Mid Cap Fund (Direct)
UTI Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco India Large & Mid Cap | 0.1 | 2.8 | 5.6 | 19.7 | 31.8 | 30.3 | 9.8 | 18.0% | 18.2% | −1.2% | 32.3% | 49% |
| UTI Large & Mid Cap | 5.9 | 5.0 | 14.4 | 19.5 | 21.4 | 23.6 | 10.1 | 15.5% | 16.2% | −10.1% | 36.4% | 63% |
| NIFTY LargeMidcap 250 TRI | 0.0 | 0.0 | 3.0 | 12.6 | 38.3 | 35.1 | 11.1 | 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 02-01-2013. Past returns do not promise future returns.
Invesco India Large & Mid Cap vs UTI 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 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Invesco India Large & Mid CapInvesco India Large & Mid Cap Fund (Direct) | ₹16,60,000 | ₹60,61,084 | ₹44,01,084 | 17.2% |
| UTI Large & Mid CapUTI Large & Mid Cap Fund (Direct) | ₹16,60,000 | ₹47,44,307 | ₹30,84,307 | 14.1% |
Invesco India Large & Mid CapInvesco India Large & Mid Cap Fund (Direct)
UTI Large & Mid CapUTI 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.
Invesco India Large & Mid Cap vs UTI Large & Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Invesco India Large & Mid Cap Fund (Direct) | UTI Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.30% | −4.85% |
| Standard deviation | 17.46% | 13.67% |
| Sharpe ratio | -0.23 | -0.74 |
| Sortino ratio | -0.32 | -0.99 |
| Maximum drawdown | −16.6% (30-03-2026) | −13.4% (31-03-2026) |
| Beta | 1.11 | 0.90 |
| Alpha | +9.07% | +0.46% |
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 | Invesco India Large & Mid Cap Fund (Direct) | UTI Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +21.30% | +13.94% |
| Standard deviation | 16.63% | 13.61% |
| Sharpe ratio | 0.92 | 0.58 |
| Sortino ratio | 1.29 | 0.79 |
| Maximum drawdown | −18.6% (28-02-2025) | −17.6% (28-02-2025) |
| Beta | 1.05 | 0.89 |
| Alpha | +9.50% | +3.00% |
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 | Invesco India Large & Mid Cap Fund (Direct) | UTI Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.81% | +12.41% |
| Standard deviation | 15.55% | 13.75% |
| Sharpe ratio | 0.64 | 0.48 |
| Sortino ratio | 0.89 | 0.65 |
| Maximum drawdown | −19.9% (20-06-2022) | −18.1% (20-06-2022) |
| Beta | 0.99 | 0.90 |
| Alpha | +5.24% | +2.27% |
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 | Invesco India Large & Mid Cap Fund (Direct) | UTI Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.27% | +13.76% |
| Standard deviation | 15.65% | 15.21% |
| Sharpe ratio | 0.72 | 0.51 |
| Sortino ratio | 0.98 | 0.68 |
| Maximum drawdown | −35.3% (23-03-2020) | −41.5% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
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.
Invesco India Large & Mid Cap Fund (Direct)
UTI Large & Mid 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 |
|---|---|---|---|---|---|---|
| Invesco India Large & Mid Cap Fund (Direct) | −35.3% | 20-02-2020 | 23-03-2020 | 13-11-2020 | 8 months | −6.8% |
| UTI Large & Mid Cap Fund (Direct) | −41.5% | 23-01-2018 | 23-03-2020 | 04-12-2020 | 8 months | −8.2% |
| NIFTY LargeMidcap 250 TRI | −37.8% | 24-01-2020 | 23-03-2020 | 05-11-2020 | 7 months | −8.6% |
From daily values since 02-01-2013, 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.
Invesco India Large & Mid Cap Fund (Direct)
UTI Large & Mid 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.
Invesco India Large & Mid Cap Fund (Direct)
UTI Large & Mid 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.
Invesco India Large & Mid Cap Fund (Direct)
UTI Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Invesco India Large & Mid Cap Fund (Direct) | 104% | 92% | 5.71% |
| UTI Large & Mid Cap Fund (Direct) | 96% | 93% | 3.80% |
From month-end values since 02-01-2013. 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.
Invesco India Large & Mid Cap vs UTI Large & Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India Large & Mid Cap Fund, September 2026; UTI Large & Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 12.6%
- Held by both
- 9
- Only in Invesco India Large & Mid Cap
- 35
- Only in UTI Large & Mid Cap
- 62
| Security | % of Invesco India Large & Mid Cap | % of UTI Large & Mid Cap |
|---|---|---|
| ICICI Bank Limited | 7.17% | 4.55% |
| Bharti Airtel Limited | 1.78% | 1.92% |
| The Federal Bank Limited | 2.86% | 1.38% |
| InterGlobe Aviation Limited | 8.27% | 1.27% |
| The Phoenix Mills Limited | 1.23% | 1.73% |
| IndusInd Bank Limited | 2.18% | 1.00% |
| Max Financial Services Limited | 1.50% | 0.77% |
| Glenmark Pharmaceuticals Limited | 2.57% | 0.57% |
| National Stock Exchange Of India Ltd | 0.08% | 0.46% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 12.6% means 12.6% 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 Invesco India Large & Mid Cap Fund
| Security | % of fund |
|---|---|
| Eternal Limited | 8.18% |
| Max Healthcare Institute Limited | 6.67% |
| Sai Life Sciences Limited | 5.36% |
| Prestige Estates Projects Limited | 4.86% |
| ABB India Limited | 4.18% |
Largest holdings only in UTI Large & Mid Cap Fund
| Security | % of fund |
|---|---|
| EQ - HDFC BANK LIMITED | 5.48% |
| EQ - RELIANCE INDUSTRIES LTD. | 3.74% |
| EQ - INFOSYS LTD. | 2.91% |
| EQ - STATE BANK OF INDIA | 2.91% |
| EQ - ITC LTD. | 2.86% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Invesco India Large & Mid Cap | UTI Large & Mid Cap |
|---|---|---|
| Equity | 99.7% | 95.3% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.3% | 4.8% |
Market cap of stocks
| Market cap | Invesco India Large & Mid Cap | UTI Large & Mid Cap |
|---|---|---|
| Large Cap | 38.7% | 46.9% |
| Mid Cap | 34.8% | 33.4% |
| Small Cap | 24.0% | 14.6% |
| Not on AMFI's list | 2.2% | 0.5% |
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 | Invesco India Large & Mid Cap | UTI Large & Mid Cap |
|---|---|---|
| Banks | 14.6% | 16.3% |
| Retailing | 13.7% | 2.0% |
| Healthcare Services | 13.4% | 0.0% |
| Pharmaceuticals & Biotechnology | 8.9% | 9.2% |
| Transport Services | 8.3% | 3.1% |
| Realty | 7.4% | 1.7% |
| IT - Software | 0.4% | 6.7% |
| Finance | 4.6% | 6.1% |
| Insurance | 1.5% | 5.3% |
| Construction | 0.0% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
Invesco India Large & Mid Cap vs UTI Large & Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India Large & Mid Cap Fund | UTI Large & Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.79% | 1.14% |
| Base expense ratio (Direct) | 0.55% | 0.83% |
| Total expense ratio (Regular) | 1.87% | 1.96% |
| Base expense ratio (Regular) | 1.48% | 1.57% |
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 Invesco India Large & Mid Cap with
Invesco India Large & Mid Cap Fund vs UTI Large & Mid Cap Fund: Frequently Asked Questions
What is the difference between Invesco India Large & Mid Cap Fund and UTI Large & Mid Cap Fund?
Both are Large & Mid Cap funds, run by Invesco Mutual Fund and UTI Mutual Fund. Their portfolios overlap 12.6%. Invesco India Large & Mid Cap Fund charges 0.79% a year and UTI Large & Mid Cap Fund 1.14%.
Which has given higher returns, Invesco India Large & Mid Cap Fund or UTI Large & Mid Cap Fund?
Over 1 year: Invesco India Large & Mid Cap Fund +1.30%, UTI Large & Mid Cap Fund −4.85%. Over 3 years: Invesco India Large & Mid Cap Fund +21.30% a year, UTI Large & Mid Cap Fund +13.94% a year. Over 5 years: Invesco India Large & Mid Cap Fund +15.81% a year, UTI Large & Mid Cap Fund +12.41% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Invesco India Large & Mid Cap Fund or UTI Large & Mid Cap Fund?
Invesco India Large & Mid Cap Fund charges less: 0.79% a year against 1.14%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Invesco India Large & Mid Cap Fund and UTI Large & Mid Cap Fund overlap?
12.6%. They hold 9 of the same securities, the largest shared ones being ICICIBANK, BHARTIARTL, FEDERALBNK. From each fund's latest monthly portfolio.
Which is riskier, Invesco India Large & Mid Cap Fund or UTI Large & Mid Cap Fund?
On SEBI's riskometer, Invesco India Large & Mid Cap Fund is rated Very High and UTI Large & Mid Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 16.63% and 13.61% a year.
Which is better for SIP, Invesco India Large & Mid Cap Fund or UTI Large & Mid Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹9,42,785 in Invesco India Large & Mid Cap Fund (XIRR 17.2% a year) and ₹8,18,415 in UTI Large & Mid Cap Fund (XIRR 11.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Invesco India Large & Mid Cap Fund and UTI Large & Mid Cap Fund?
Yes. 12.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Invesco India Large & Mid Cap Fund and UTI Large & Mid Cap Fund?
Invesco India Large & Mid Cap Fund: Deepak Gupta, Aditya Khemani. UTI Large & Mid Cap Fund: V Srivatsa FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4.
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.