Navi Large & Midcap Fund
Navi Mutual Fund · Large & Mid Cap · Regular plan, growth option
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -6.8% | -6.3% |
| 3 months | -4.9% | -4.1% |
| 6 months | 8.9% | 7.6% |
| Year to date | -3.9% | -4.1% |
| 1 year | -1.1% | -0.8% |
| 3 years (CAGR) | 6.6% | 10.6% |
| 5 years (CAGR) | 7.6% | 10.1% |
| 7 years (CAGR) | 12.4% | 15.8% |
| 10 years (CAGR) | 11.1% | 13.1% |
| Since first NAV (CAGR) | 12.1% | – |
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 10.0% | 10.8% |
| 3Y rolling median | 13.3% | 15.5% |
| 3Y rolling worst | -8.5% | -6.5% |
| 3Y periods positive | 94% | 96% |
| 3Y periods ahead of benchmark | 0% | 25% |
| 5Y rolling median | 14.2% | 14.8% |
| 5Y rolling worst | 7.6% | -0.4% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: Nifty LargeMidcap 250 (proxy: Edelweiss NIFTY Large Midcap 250 Index Fund, price return).
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 17.2% | 16.1% |
| Sharpe ratio | 0.09 | 0.34 |
| Sortino ratio | 0.13 | 0.50 |
| Beta | 1.03 | 0.97 |
| Alpha (ann.) | -3.4% | 0.9% |
| Upside capture | 92.13 | 99.72 |
| Downside capture | 105.46 | 100.44 |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −38.6% | −37.2% |
| Maximum drawdown, last 10Y | −38.6% | −37.8% |
| Maximum drawdown, last 5Y | −19.5% | −20.0% |
| Current drawdown | −9.0% | −8.0% |
| Recovery time of worst fall | 259 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the markets below, which are also close to how many of them are benchmarked. Where those markets stand today:
- 1Y +6.8% · 3Y n/a p.a. · 5Y n/a p.a. (index fund NAV, after costs)
- −11.7% from its 52-week high (proxy NAV)
- P/E 21.6: higher than 1% of days since 2023 (median 24.2)
- 1Y −3.9% · 3Y +8.9% p.a. · 5Y +8.6% p.a. (index fund NAV, after costs)
- −9.3% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 2.55% a year and the Direct plan's 0.67%, a gap of 1.88%; over the last 3 years the Direct plan returned 2.01 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹42,52,981.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
| Fund manager | Role | Managing since |
|---|---|---|
| Aditya Mulki | Equity | 5 Feb 2022 |
| Ashutosh Shirwaikar | Equity | 1 Aug 2023 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.55% | 2.30% |
| AUM, whole scheme (₹ crore) | 292 | 4,000 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 0.6% | -0.4% TRI |
| Return, 3 years (AMFI) | 6.9% | 10.8% TRI |
| Return, 5 years (AMFI) | 7.8% | 11.0% TRI |
| Month-ends above category median (3Y CAGR) | 20% | 51% median |
| Month-ends in category top quartile (3Y) | 1% | 19% median |
| 7Y rolling CAGR, median (monthly windows) | 13.3% | 14.3% median |
Official benchmark: Nifty LargeMidcap 250 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Large & Mid Cap Regular plans; how it is calculated.
| Year | Scheme | Nifty LargeMidcap 250 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -3.9% | -7.0% | +3.1% |
| 2025 | 1.3% | 7.9% | −6.6% |
| 2024 | 16.1% | 18.3% | −2.2% |
| 2023 | 23.5% | 32.0% | −8.6% |
| 2022 | 0.3% | 4.0% | −3.8% |
| 2021 | 44.1% | n/a | – |
| 2020 | 8.0% | n/a | – |
| 2019 | 9.1% | n/a | – |
| 2018 | -8.5% | n/a | – |
| 2017 | 38.9% | n/a | – |
Benchmark proxy: Edelweiss NIFTY Large Midcap 250 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,17,298 | -4.1% |
| 3 years | ₹3,60,000 | ₹3,70,059 | 1.8% |
| 5 years | ₹6,00,000 | ₹7,05,497 | 6.4% |
| 10 years | ₹12,00,000 | ₹21,02,787 | 10.8% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| PGIM India Multi Cap Fund | Multi Cap | 0.99 | n/a |
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.98 | n/a |
| Nippon India Flexi Cap Fund | Flexi Cap | 0.98 | 7.4% |
| Mirae Asset Multicap Fund | Multi Cap | 0.98 | 10.6% |
| Franklin India Multi Cap Fund | Multi Cap | 0.98 | n/a |
| Navi Flexi Cap Fund | Flexi Cap | 0.98 | 8.6% |
- What is the latest NAV of Navi Large & Midcap Fund?
- The NAV of the Regular plan (growth option) was ₹34.4858 on 1 Oct 2026, as published by AMFI.
- Which category is Navi Large & Midcap Fund in?
- It is classified as Large & Mid Cap in AMFI's daily NAV file; a Large & Mid Cap scheme invests at least 35% each in large-cap and mid-cap stocks. MFIC compares it with 36 Large & Mid Cap schemes (Regular plans).
- What returns has Navi Large & Midcap Fund delivered?
- Over one year the NAV changed by -1.1%. The 3-year CAGR is 6.6% (category median 10.6%) and the 5-year CAGR is 7.6% (category median 10.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 13.3%, the lowest was -8.5%, and 94% of 3-year periods ended with a gain. It was ahead of Nifty LargeMidcap 250 (index-fund proxy) in 0% of those periods.
- What was the largest fall in Navi Large & Midcap Fund's NAV?
- The largest peak-to-trough fall in its available history was 38.6%; within the last five years it was 19.5% (category median 20.0%).
- How volatile is Navi Large & Midcap Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 17.2%, which is above the Large & Mid Cap category median of 16.1%.
- What would a monthly SIP in Navi Large & Midcap Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,05,497 on 1 Oct 2026, an annualised return (XIRR) of 6.4%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Navi Large & Midcap Fund?
- The total expense ratio of the Regular plan is 2.55% a year, as disclosed to AMFI (median of Large & Mid Cap Regular plans: 2.30%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Navi Large & Midcap Fund?
- Assets under management of the whole scheme were ₹292 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Navi Large & Midcap Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Navi Large & Midcap Fund and how has it compared?
- Its official benchmark is the Nifty LargeMidcap 250 TRI. Over 3 years AMFI reports a return of 6.9% for this plan against 10.8% for the benchmark total return index; over 5 years 7.8% against 11.0%. Past performance does not indicate future results.
- How often has Navi Large & Midcap Fund beaten its category?
- At 20% of the 94 month-ends compared over the last 10 years, its 3-year return was above the median of Large & Mid Cap schemes (Regular plans); it was in the top quarter at 1% of them. A typical scheme would show about 50%.
- Who manages Navi Large & Midcap Fund?
- According to its Scheme Summary Document, Navi Large & Midcap Fund is managed by Aditya Mulki (since 5 Feb 2022), Ashutosh Shirwaikar (since 1 Aug 2023).
- What is the minimum investment in Navi Large & Midcap Fund?
- The minimum application amount is ₹10.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 0.7% and the Regular plan's by -1.1%. The Regular plan includes the services of a distributor.
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