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Aditya Birla Sun Life Large & Mid Cap Fund

Large & MidCapVery HighOPEN-ENDED
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NAV as on 23 Sep 2026
₹954.06+0.64%1 day
Return since launch
15.4%
52-week range
₹811.29 — ₹977.90
AUM
₹5,998 Cr

Aditya Birla Sun Life Large & Mid Cap Fund is a Large & MidCap equity fund from Aditya Birla Sun Life Mutual Fund with ₹5,998 Cr under management, launched in 2001. Over three years it has returned 7.5% a year, against 13.7% for its category. The expense ratio is 1.99% and the SEBI riskometer reading is Very High.

Performance

Returns

How the fund has done against its category and its benchmark.

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y9.3%+6.2 pts3.1%2.2%
2Y6.8%+1.6 pts5.2%2.3%
3Y7.5%−6.1 pts13.7%5.4%
5Y10.1%−1.6 pts11.7%10.9%
7Y12.3%−3.2 pts15.5%14.4%
10Y11.5%−1.9 pts13.4%13.7%

Fund against category

1Y
Fund9.3%
Category3.1%
3Y
Fund7.5%
Category13.7%
5Y
Fund10.1%
Category11.7%

Since launch (2 Apr 2001): 15.4%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
20253.5%−1.8 pts5.4%
202415.4%−9.5 pts25.0%
202326.9%−4.5 pts31.4%
2022-13.0%−16.0 pts3.0%
202138.3%−0.8 pts39.1%
202018.3%+0.8 pts17.5%

Returns over one year are annualised. Shorter periods are absolute.

Costs & terms

Costs and terms

What the fund charges each year, and the rules around putting money in and taking it out.

Costs

2.01%

Expense ratio as on 22 Sep 2026

Charged yearly and already deducted from the NAV.

Base expense
1.58%
Brokerage
0.05%
Transaction charges
0.00%
Statutory levies
0.38%
Exit load
Exit load of 1%, if redeemed within 90 days.
Lock-in
None

Terms

Min SIP
₹3,000
Min lumpsum
₹5,000
Plan
GROWTH
Fund type
OPEN-ENDED
Benchmark
Nifty Large Midcap 250 TRI
Short-term capital gains
Returns taxed at 20% if you redeem before 1 year
Long-term capital gains
After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Risk

Risk

What the riskometer means for this fund, and how its ratios sit against the category.

Very High

Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.

Risk ratios
RatioFundCategory avgRead as
Alpha0.487.31Return earned above what the benchmark alone would have given. Higher is better.
Beta1.031.05How hard the fund moves when the market moves. Under 1 is steadier than the market.
Sharpe0.450.80Return earned for each unit of total risk taken. Higher is better.
Sortino0.560.99Return earned for each unit of downside risk. Higher is better.
Std. deviation16.0017.61How widely monthly returns have varied around their own average. Lower is steadier.
Average of 5 category peers

Portfolio

Aditya Birla Sun Life Large & Mid Cap Fund portfolio

Portfolio as of 31 Aug 2026

Asset allocation

  • Equity97.8%
  • Other2.2%

Market cap split

  • Large39.4%
  • Mid39.5%
  • Small21.1%
P/E
34.94
P/B
4.85

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
ICICI Bank Ltd.Financial3.97%₹238 Cr+4.37%+4.71%+4.82%
AU Small Finance Bank Ltd.Financial3.46%₹208 Cr+3.32%+3.18%+2.46%
APL Apollo Tubes Ltd.Metals & Mining2.84%₹170 Cr+2.47%+2.97%+2.18%
Navin Fluorine International Ltd.Chemicals2.65%₹159 Cr+2.31%+1.99%+1.52%
JK Cement Ltd.Materials2.62%₹157 Cr+2.79%+3.00%+3.62%
Samvardhana Motherson International Ltd.Automobile2.58%₹155 Cr+2.34%+2.10%+1.49%
Kei Industries Ltd.Capital Goods2.54%₹152 Cr+2.46%+2.34%+1.18%
Max Financial Services Ltd.Financial2.29%₹137 Cr+2.58%+2.75%+2.48%
UNO Minda Ltd.Automobile2.24%₹135 Cr+2.05%+2.04%+2.24%
OthersOthers2.19%₹131 Cr+2.92%+2.86%+4.26%

Sectors

  • Financial20.6%
  • Capital Goods11.5%
  • Automobile11.0%
  • Services10.1%
  • Healthcare9.9%
  • Metals & Mining8.5%
  • Technology5.4%
  • Materials4.8%

Instruments

  • Repo2.1%
  • Cash Margin0.9%

Recent changes

HoldingFromToWeight
Varun Beverages Ltd.1.74%0.46%-1.28%
Swiggy Ltd.1.38%0.34%-1.04%
company:156080.00%1.02%+1.02%
Apollo Hospitals Enterprise Ltd.1.71%0.99%-0.71%
company:116460.00%0.65%+0.65%
company:203020.00%0.63%+0.63%
company:205000.00%0.61%+0.61%
Home First Finance Company India Ltd.0.26%0.83%+0.57%
The Phoenix Mills Ltd.0.99%0.45%-0.54%
Meesho Ltd.0.66%1.18%+0.52%
company:13330.00%0.45%+0.45%
APL Apollo Tubes Ltd.2.39%2.84%+0.45%
Bank of Maharashtra1.08%0.63%-0.44%
Blue Star Ltd.0.38%0.00%-0.38%
One97 Communications Ltd.1.44%1.79%+0.35%
Infosys Ltd.0.30%0.00%-0.30%
GMR Airports Ltd.2.14%1.85%-0.29%
Navin Fluorine International Ltd.2.38%2.65%+0.27%
Kei Industries Ltd.2.27%2.54%+0.26%
JK Cement Ltd.2.86%2.62%-0.24%
Hindustan Petroleum Corporation Ltd.0.63%0.40%-0.24%
Samvardhana Motherson International Ltd.2.35%2.58%+0.23%
company:145230.00%0.22%+0.22%
Bajaj Finance Ltd.2.19%1.97%-0.22%
Coforge Ltd.1.69%1.89%+0.20%
SAMHI Hotels Ltd.1.13%0.96%-0.18%
Adani Energy Solutions Ltd.0.91%0.76%-0.15%
K.P.R. Mill Ltd.1.36%1.48%+0.12%
UNO Minda Ltd.2.14%2.24%+0.11%
Trent Ltd.1.44%1.34%-0.10%
Mahindra & Mahindra Ltd.1.61%1.51%-0.10%
Brigade Enterprises Ltd.0.96%1.06%+0.09%
Eternal Ltd.1.75%1.84%+0.09%
Fortis Healthcare Ltd.1.37%1.28%-0.09%
PB Fintech Ltd.0.66%0.75%+0.09%
Bharti Airtel Ltd.0.83%0.74%-0.09%
Max Healthcare Institute Ltd.1.11%1.02%-0.09%
Gokaldas Exports Ltd.1.19%1.11%-0.08%
Jindal Steel Ltd.1.47%1.55%+0.08%
Emcure Pharmaceuticals Ltd.0.93%0.85%-0.07%
Gland Pharma Ltd.0.61%0.69%+0.07%
Schaeffler India Ltd.1.62%1.55%-0.07%
Vedanta Aluminium Metal Ltd.1.02%0.95%-0.07%
Mankind Pharma Ltd.1.46%1.39%-0.07%
Five-Star Business Finance Ltd.1.34%1.27%-0.07%
Bharat Electronics Ltd.1.79%1.86%+0.07%
JSW Energy Ltd.0.73%0.67%-0.06%
ICICI Bank Ltd.4.04%3.97%-0.06%
Inox India Ltd.0.65%0.70%+0.06%
Tata Consumer Products Ltd.0.80%0.75%-0.06%
TVS Motor Company Ltd.2.06%2.02%-0.05%
Max Financial Services Ltd.2.25%2.29%+0.04%
Astral Ltd.2.10%2.15%+0.04%
Tech Mahindra Ltd.0.95%0.91%-0.04%
SBFC Finance Ltd.0.61%0.65%+0.04%
Belrise Industries Ltd.0.81%0.78%-0.04%
Bajaj Finserv Ltd.1.05%1.02%-0.03%
Axis Bank Ltd.1.16%1.19%+0.03%
Sona BLW Precision Forgings Ltd.1.18%1.21%+0.03%
Titan Company Ltd.1.84%1.87%+0.03%
Others0.94%0.92%-0.03%
AU Small Finance Bank Ltd.3.44%3.46%+0.03%
Hindalco Industries Ltd.2.01%2.03%+0.02%
CG Power and Industrial Solutions Ltd.0.78%0.81%+0.02%
ABB India Ltd.1.17%1.19%+0.02%
Cohance Lifesciences Ltd.0.51%0.53%+0.02%
Persistent Systems Ltd.1.02%1.00%-0.02%
Ajanta Pharma Ltd.2.09%2.11%+0.02%
Hexaware Technologies Ltd.0.46%0.44%-0.02%
Syrma SGS Technology Ltd.0.85%0.87%+0.02%
Interglobe Aviation Ltd.1.00%0.99%-0.02%
Karur Vysya Bank Ltd.0.92%0.91%-0.01%
Vedanta Ltd.0.38%0.38%+0.01%
Amber Enterprises India Ltd.1.25%1.25%-0.01%
Hindustan Aeronautics Ltd.1.57%1.58%+0.01%
State Bank of India1.69%1.69%0.00%
Mphasis Ltd.0.56%0.57%0.00%
KFin Technologies Ltd.0.67%0.68%0.00%
Vedanta Power Ltd0.28%0.27%0.00%
Larsen & Toubro Ltd.0.93%0.93%0.00%
Kirloskar Brothers Ltd.0.14%0.14%0.00%
TVS Motor Company Ltd - Pref. Shares0.02%0.02%0.00%
Dharti Dredging & Infrastructure Ltd.0.00%0.00%0.00%
company:59470.00%0.00%0.00%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹18,618 Cr2.09%12.9%12.2%17.1%
ICICI Prudential Large & Mid Cap Fund₹33,592 Cr2.03%2.4%7.8%13.9%
Bandhan Large & Mid Cap Fund₹21,020 Cr2.29%5.9%9.3%16.0%
Motilal Oswal Large and Midcap Fund₹20,159 Cr1.81%20.9%15.5%20.4%
Invesco India Large & Mid Cap Fund₹12,387 Cr1.87%18.6%15.5%19.2%
HSBC Large and Mid Cap Fund₹5,931 Cr2.47%17.0%12.7%16.1%

About

About this fund

The scheme’s own words, its benchmark and the people running it.

Investment objective

The scheme seeks to achieve long-term growth of capital, at relatively moderate levels of risk through a diversified research based investment in Large & Midcap companies.

Fund managers

  • Vishal GajwaniMr. Gajwani is CA and CFA (US)Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Nippon India Mutual Fund.
Scheme information document

Tools

Return calculator

What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.

₹
Over the pastTotal investmentWould’ve becomeGrowthReturns
6 months14.79% absolute₹60,000₹68,87414.79%
1 year5.46% annualised₹1,20,000₹1,23,6093.01%
3 years11.23% annualised₹3,60,000₹4,29,70819.36%
5 years6.67% annualised₹6,00,000₹7,13,79318.97%

Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.

How this is calculated

Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.

The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.

Questions

Frequently asked questions

The things people ask about this scheme.

What is the NAV of Aditya Birla Sun Life Large & Mid Cap Fund?
The NAV of Aditya Birla Sun Life Large & Mid Cap Fund is ₹954.06 as on 23 Sep 2026.
What is the expense ratio of Aditya Birla Sun Life Large & Mid Cap Fund?
The expense ratio of Aditya Birla Sun Life Large & Mid Cap Fund is 1.99% per year.
What is the minimum SIP amount for Aditya Birla Sun Life Large & Mid Cap Fund?
You can start a SIP in Aditya Birla Sun Life Large & Mid Cap Fund with ₹3,000 a month.
What returns has Aditya Birla Sun Life Large & Mid Cap Fund given?
Aditya Birla Sun Life Large & Mid Cap Fund has returned 9.3% over 1 year, 7.5% over 3 years and 10.1% over 5 years (annualised).
Is there a lock-in or exit load on Aditya Birla Sun Life Large & Mid Cap Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 90 days..
How risky is Aditya Birla Sun Life Large & Mid Cap Fund?
Aditya Birla Sun Life Large & Mid Cap Fund is rated Very High on the SEBI riskometer and belongs to the Large & MidCap category.
Which fund house manages Aditya Birla Sun Life Large & Mid Cap Fund?
Aditya Birla Sun Life Large & Mid Cap Fund is managed by Aditya Birla Sun Life Mutual Fund, which runs 86 schemes with ₹4,32,524 Cr under management.