Navi Large & Midcap Fund Direct-Growth

Q: What are the returns of this mutual fund scheme?

The Navi Large & Midcap Fund Direct-Growth is a 10 yrs 2 m old fund and has delivered average annual returns of 14.95% since inception. Navi Large & Midcap Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 3.88% 14.28% 15.77% 15.37% 14.95%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹41.2244-1.03% 1 day change	14.95% p.a.	App exclusive #NA View Ranked Funds	₹315 Cr

Historical NAV & returns

NAV: ₹41.2244 as on Feb 02, 2026

This fund Category average

Navi Large & Midcap Fund overview

Expense ratio	0.52% as on Feb 02, 2026
Exit load	0%
AUM (Fund size)	₹315 Cr
Lock-in Period	Nil
Age	10 yrs 2 m since Nov 16, 2015
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Navi Large & Midcap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-5.61%	-5.04%
3 Months	-5.46%	-5.07%
6 Months	-1.18%	-1.19%
1 Year	3.88%	7.27%
2 Years	8.53%	10.39%
3 Years	14.28%	18.65%
4 Years	10.29%	13.68%
5 Years	15.77%	17.04%
7 Years	15.59%	17.24%
10 Years	15.37%	15.99%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 39.9%

Mid Cap 39.55%

Small Cap 17.97%

Other Cap 0%

Top holdings

HDFC Bank Ltd.3.86%

UPL Ltd.3.53%

Axis Bank Ltd.3.06%

The Federal Bank Ltd.2.91%

Top sectors

Financial 31.79%

Services 10.16%

Healthcare 9.06%

Capital Goods 8.790000000000001%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Cash/Net Current Assets 2.57999999%

Other Holdings

Others 2.58%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Navi Large & Midcap Fund	-5.61%	-1.18%	3.88%	14.28%	15.77%	15.37%
ICICI Prudential Large & Mid Cap Fund	-4.86%	3.79%	9.19%	21.28%	21.46%	17.69%
Bandhan Large & Mid Cap Fund	-4.88%	1.7%	10.69%	23.64%	20.63%	18.12%
HDFC Large and Mid Cap Fund	-5.2%	-0.03%	8.27%	20.24%	19.84%	16.48%
UTI Large & Mid Cap Fund	-3.78%	3.59%	10.6%	22.41%	19.93%	16.15%
Kotak Large & Midcap Fund	-2.94%	3.08%	13.11%	20.42%	18.57%	18.06%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Navi Large & Midcap Fund	13.85	1.02	0.63	0.93
ICICI Prudential Large & Mid Cap Fund	11.77	0.9	1.22	1.73
Bandhan Large & Mid Cap Fund	13.38	1.01	1.25	1.72
HDFC Large and Mid Cap Fund	13.87	1.08	0.99	1.46
UTI Large & Mid Cap Fund	13.24	1.02	1.16	1.68
Kotak Large & Midcap Fund	12.58	0.94	1.1	1.45

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Navi Large & Midcap Fund	N.A.	315 Cr	10 yrs 2 m	0.52%
ICICI Prudential Large & Mid Cap Fund	N.A.	27,745 Cr	13 yrs 1 m	0.79%
Bandhan Large & Mid Cap Fund	N.A.	13,636 Cr	13 yrs 1 m	0.53%
HDFC Large and Mid Cap Fund	N.A.	28,980 Cr	13 yrs 1 m	0.84%
UTI Large & Mid Cap Fund	N.A.	5,635 Cr	13 yrs 1 m	0.91%
Kotak Large & Midcap Fund	N.A.	30,039 Cr	13 yrs 1 m	0.55%

View all Large & Midcap funds

Key risk & return ratios Compared to other funds in the category

Alpha	-1.24 vs. 5.72 Underperformed at beating benchmark
Sharpe	0.63 vs. 6.57 Poor risk-adjusted returns
Beta	1.02 vs. 0.95 More sensitive to market's ups & downs
Standard deviation	13.85 vs. 10.82 More volatile performance

About this fund

About Navi Large & Midcap Fund

Navi Large & Midcap Fund Direct-Growth is a Large & MidCap mutual fund scheme from Navi Mutual Fund. This fund has been in existence for 10 yrs 2 m, having been launched on 16/11/2015. Navi Large & Midcap Fund Direct-Growth has ₹315 Crores worth of assets under management (AUM) as on 31/12/2025 and is small fund of its category. The latest Net Asset Value (NAV) of Navi Large & Midcap Fund Direct-Growth as of 02/02/2026 is ₹41.22. The fund has an expense ratio of 0.52%, which is less than what most other Large & Midcap funds charge.

Navi Large & Midcap Fund Direct-Growth returns of last 1-year are 3.31%. Since launch, it has delivered 14.95% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Navi Large & Midcap Fund Direct-Growth scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low.
The fund has the majority of its money invested in Financial, Services, Healthcare, Capital Goods, Technology sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., UPL Ltd., Axis Bank Ltd., The Federal Bank Ltd., Kotak Mahindra Bank Ltd..

...

Fund AUM	315 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Aditya Mulki

Mr. Mulki is a CFA and B.COM Prior to joining Navi Mutual Fund, he has worked for close to 6 years at Quantum Advisor Ltd as an Equity Research Analyst.

Ashutosh Shirwaikar

Mr. Shirwaikar has done MMS and CFA Prior to joining Navi MF, he has worked with Quantum AMC and ICICI Bank

Investment objective

The scheme seeks to generate medium to long-term capital appreciation by investing predominantly in equity and equity related securities of midcap companies & large cap companies.

Navi Mutual Fund details

No. of schemes	14 view all schemes
Total AUM	8,959 Cr as on Dec 31, 2025
Address	7th Floor, Wing B, Prestige RMZ Startech, No. 139, 2, Hosur Rd Koramangala Industrial Layout, S.G. Palya. Bangalore, 560095
Email	mf@navi.com
Phone	+91 80 4511 3444 / 1800-103-8999

More funds from Navi Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Navi Nifty Midcap 150 Index Fund	N.A.	359 Cr	8.53%	N.A.
Navi Flexi Cap Fund	N.A.	263 Cr	6.8%	14.07%
Navi Nifty India Manufacturing Index Fund	N.A.	52 Cr	13.79%	N.A.
Navi Nifty 50 Index Fund	N.A.	3,894 Cr	8.51%	N.A.
Navi Nifty Next 50 Index Fund	N.A.	1,096 Cr	7.56%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Navi Large & Midcap Fund Direct-Growth?

The current Net Asset Value (NAV) of the Navi Large & Midcap Fund - Direct Growth plan is approximately ₹41.2244 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Navi Large & Midcap Fund Direct-Growth is a 10 yrs 2 m old fund and has delivered average annual returns of 14.95% since inception.

Navi Large & Midcap Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
3.88%	14.28%	15.77%	15.37%	14.95%

How much does this mutual fund charge as expense ratio?

The Navi Large & Midcap Fund - Direct Growth has an expense ratio of 0.52%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Navi Large & Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 315 Cr as on Dec 31, 2025.

What are the top stock holdings of Navi Large & Midcap Fund?

The Navi Large & Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	3.86%
UPL Ltd.	3.53%
Axis Bank Ltd.	3.06%
The Federal Bank Ltd.	2.91%
Kotak Mahindra Bank Ltd.	2.83%
Astral Ltd.	2.75%
ICICI Bank Ltd.	2.23%
Bank of Maharashtra	2.1%
Reliance Industries Ltd.	1.97%
Shriram Finance Ltd	1.93%

What are the top sectors Navi Large & Midcap Fund has invested in?

The Navi Large & Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	31.79%
Services	10.16%
Healthcare	9.06%
Capital Goods	8.790000000000001%
Technology	6.76%
Automobile	6.0%
Chemicals	4.5%
Consumer Staples	4.32%
Metals & Mining	3.34%
Energy	2.89%

What is risk level of Navi Large & Midcap Fund?

This is a Large & Midcap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Navi Large & Midcap Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Navi Large & Midcap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Navi Large & Midcap Fund is complete.

How can I redeem my investments in Navi Large & Midcap Fund?

Redeeming your investments in the Navi Large & Midcap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Large & MidCap

#NA

Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 15.08% annual return in 70% of times for investors holding for at least 5 years.