Top 5 large- & mid-cap funds which have given inflation-beating returns since their launch

Large- and mid-cap mutual funds provide stability, capital appreciation, high liquidity and lower volatility against market fluctuations. These funds operate by investing in the top 250 companies in terms of market capitalization. Funds in this category must invest a minimum of 35% of the corpus each in large- and mid-cap companies. Here are five mutual funds that have consistently given superior returns: ICICI Prudential Large & Mid Cap Fund Direct Plan, HDFC Large and Mid Cap Fund Direct, SBI Large & Midcap Fund Direct Plan, Motilal Oswal Large and Midcap Fund Direct, and Mahindra Manulife Large & Mid Cap Fund Direct.