Crossword Genius

In pond leaves large mixed display (4,4)

Ross

I believe the answer is:

lily pads

I'm a little stuck... Click here to teach me more about this clue!

'in pond leaves' is the definition.
'lily pads' can be an answer for 'leaves' (lily pad is a kind of leaf). I am unsure of the 'in pond' bit.

'large mixed display' is the wordplay.
I cannot really understand how this works, but
'large' could be 'l' (eg in clothes sizes) and 'l' is located in the answer.
an anagram of 'display' is 'ilypads' which is located in the answer.
No letters remain.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?

(Another definition for lily pads that I've seen is " Floating leaves of a water plant".)

I've seen this clue in The Guardian.
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