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Best Large Cap Mutual Funds

Market capitalizations of companies are primarily classified into three types; that of large-cap funds, mid-cap funds and small-cap funds based on their assets and market evaluation. Any mutual fund investing their investible corpus primarily in companies with significant market capitalization falls under the category of large-cap mutual funds.

A large-cap company typically has strong corporate practices and has been in the market for a long time, and hence some of the best performing large cap mutual funds, have generated steady returns for its investors.

The returns are usually moderate, but steady. A salient feature defining large-cap companies is that they have a market capitalisation of more than Rs. 20,000 Crore. Another aspect of defining a large cap company is that it must be ranked in the top 100 entities in its segment.

It is important to note that large-cap companies and subsequently mutual funds lie low on the risk spectrum

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Top 10 Large Cap Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Canara Robeco Bluechip Equity FundEquityVery High44.6%5star3,308
Axis Bluechip FundEquityVery High42.0%5star28,233
Mirae Asset Large Cap FundEquityVery High45.0%5star26,747
Kotak Bluechip FundEquityVery High46.2%4star2,804
BNP Paribas Large Cap FundEquityVery High38.2%4star1,107
UTI Mastershare Unit SchemeEquityVery High48.3%4star8,427
Edelweiss Large Cap FundEquityVery High42.7%4star257
ICICI Prudential Bluechip Equity FundEquityVery High44.0%4star27,994
Principal Large Cap FundEquityVery High6.5%4star457
IDBI India Top 100 Equity FundEquityVery High48.0%3star468
SBI Bluechip FundEquityVery High50.4%3star28,580
LIC MF Large Cap FundEquityVery High41.1%3star555
Invesco India Largecap FundEquityVery High42.3%3star343
PGIM India Large Cap FundEquityVery High43.8%3star330
Baroda Pioneer Large Cap FundEquityVery High40.3%3star44
View All Top 10 Large Cap Mutual Funds

Features of Large Cap Mutual Fund

All mutual funds have a singular objective of wealth generation through capital investment. The best large-cap mutual funds are exceptionally reliable in this regard considering that they have been investing their corpus in the market of funding and investment for an extended period; thereby having a strong track record of generating profits.

Consequently, these companies are the premium of the lot and have the highest demand amongst investors. A very prominent feature of these funds is their reliability. These are the funds which almost always generate profit for their investors, rather than a loss.

In simpler words, although even the best large-cap funds cannot guarantee profit generation, the risks involved in these funds are low. As a result, profit generation is usually stable and secure, though its rate is not generally high. Similarly, in case of any loss, the loss is not too high either. This attribute makes such funds a popular choice for low-risk investors.

Taxability

These funds, being a financial instrument of income generation, come under the purview of taxation.

The duration for which an investor stays invested in a specific fund or a particular scheme is known as the holding period.

It is this holding period along with the exact type of mutual fund which decides the tax that is to be paid on that fund. There are two primary classifications based on this holding period; long term and short term.

Capital gains on a period of investment shorter than a year fall under short term capital gain category, which attracts a tax of 15% on the earnings. Long term holdings, consequently, span over more than a year and the capital gains on such an investment is exempted as long as it stays within Rs. 1 Lakh. If the long term capital gain (LTCG) exceeds the mark of Rs. 1 Lakh, a tax of 10% is levied on gains above that benchmark.

Who Are These Funds Suited For?

Equity investment is reasonably profitable, and large-cap funds are especially beneficial for investors who do not want their capital returns to fluctuate more than the market rate. Best large-cap funds in 2019 follow similar trends and invest in large firms. With a higher capital appreciation, investors can expect the distribution of dividends quite regularly.

These funds are financially secure and can withstand a down surge much easily, though they tend to underperform compared to mid-cap and small-cap funds. A piece of sound advice is to keep investing during times of market down surge to nullify the losses.

Low-risk investors, aiming at a long-term investment instrument, find these funds perfectly suited for them. An investment period of 5 to 7 years is usually recommended when investing in these funds. While there is no assurance against any slowdown of the market, investing in best performing large-cap funds ensures a much steady and secure standing even during a downturn.

Major Advantages

Systematic Investment Plan (SIP) is a method of investment, where an investor periodically invests a fixed amount of capital in some sort of an equity mutual fund. While experts strongly recommend not investing the total capital at a single go, salaried investors also find this method especially helpful. Based on past performance and other mutual fund selection criteria, you can select best large cap funds , that you can start investing in via the SIP mode. Lets’s see what are the advantages of investing in these funds.

  • Steady wealth creation along with regular dividends
  • Low-risk returns
  • Capable of withstanding a bear market (a falling market)

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Canara Robeco Bluechip Equity Fund Direct Growth

Fund Performance: This fund has given 17.66% annualized returns in the last three years. In the last year, its returns were 44.56%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 44.56% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM3,308Cr
1Y Returns44.6%

Axis Bluechip Fund Direct Plan Growth

Fund Performance: This fund has given 15.36% annualized returns in the last three years. In the last year, its returns were 41.98%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 41.98% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM28,233Cr
1Y Returns42.0%

Mirae Asset Large Cap Fund Direct Growth

Fund Performance: This fund has given 15.22% annualized returns in the last three years. In the last year, its returns were 45.01%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 45.01% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM26,747Cr
1Y Returns45.0%

Kotak Bluechip Fund Direct Growth

Fund Performance: This fund has given 15.34% annualized returns in the last three years. In the last year, its returns were 46.24%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 46.24% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹1,000
AUM2,804Cr
1Y Returns46.2%

BNP Paribas Large Cap Fund Direct Growth

Fund Performance: This fund has given 15.28% annualized returns in the last three years. In the last year, its returns were 38.18%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 38.18% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹300.

Min Investment Amt₹5,000
AUM1,107Cr
1Y Returns38.2%

UTI Mastershare Direct Growth

Fund Performance: This fund has given 14.34% annualized returns in the last three years. In the last year, its returns were 48.29%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 48.29% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹100. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹100
AUM8,427Cr
1Y Returns48.3%

Edelweiss Large Cap Fund Direct Growth

Fund Performance: This fund has given 13.27% annualized returns in the last three years. In the last year, its returns were 42.67%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 42.67% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM257Cr
1Y Returns42.7%

ICICI Prudential Bluechip Fund Direct Growth

Fund Performance: This fund has given 13.14% annualized returns in the last three years. In the last year, its returns were 44.05%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 44.05% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹100. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹100
AUM27,994Cr
1Y Returns44.0%

Principal Large Cap Fund Direct Growth

Fund Performance: This fund has given 5.9% annualized returns in the last three years. In the last year, its returns were 6.53%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 6.53% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM457Cr
1Y Returns6.5%

IDBI India Top 100 Equity Fund Direct Growth

Fund Performance: This fund has given 15% annualized returns in the last three years. In the last year, its returns were 48.05%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 48.05% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM468Cr
1Y Returns48.0%

SBI Bluechip Direct Plan Growth

Fund Performance: This fund has given 13.62% annualized returns in the last three years. In the last year, its returns were 50.39%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 50.39% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM28,580Cr
1Y Returns50.4%

LIC MF Large Cap Fund Direct Growth

Fund Performance: This fund has given 13.39% annualized returns in the last three years. In the last year, its returns were 41.1%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 41.1% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM555Cr
1Y Returns41.1%

Invesco India Largecap Fund Direct Growth

Fund Performance: This fund has given 13.22% annualized returns in the last three years. In the last year, its returns were 42.32%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 42.32% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹1,000
AUM343Cr
1Y Returns42.3%

PGIM India Large Cap Fund Direct Plan Growth

Fund Performance: This fund has given 13% annualized returns in the last three years. In the last year, its returns were 43.82%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 43.82% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM330Cr
1Y Returns43.8%

Baroda Large Cap Direct Fund Growth

Fund Performance: This fund has given 12.82% annualized returns in the last three years. In the last year, its returns were 40.33%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 40.33% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM44Cr
1Y Returns40.3%

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