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)
Axis Bluechip FundEquityModerately High20.7%5star10,212
Mirae Asset Large Cap FundEquityModerately High14.4%5star16,873
Nippon India Large Cap FundEquityModerately High9.3%5star12,955
Edelweiss Large Cap FundEquityModerately High14.7%4star177
IIFL India Growth FundEquityModerately High30.0%4star551
BNP Paribas Large Cap FundEquityModerately High19.1%4star818
Canara Robeco Bluechip Equity FundEquityModerately High18.2%4star301
Kotak Bluechip FundEquityModerately High16.7%4star1,488
HDFC Top 100 Fund EquityModerately High6.7%4star18,761
DSP Nifty Next 50 Index FundEquityModerately HighN.A4star49
Axis Nifty 100 Index FundEquityModerately LowN.A4star380
Invesco India Largecap FundEquityModerately High11.8%4star206
Indiabulls Blue Chip FundEquityHigh13.4%4star169
SBI Bluechip FundEquityModerately High13.4%4star23,641
ICICI Prudential Bluechip Equity FundEquityModerately High11.3%4star25,025
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.

Axis Bluechip Fund Direct Plan Growth

Fund Performance: This fund has given 20.95% annualized returns in the last three years. In the last year, its returns were 20.71%. 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 20.71% 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
AUM10,212Cr
1Y Returns20.7%

Mirae Asset Large Cap Fund Direct Growth

Fund Performance: This fund has given 15.68% annualized returns in the last three years. In the last year, its returns were 14.42%. 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 14.42% 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
AUM16,873Cr
1Y Returns14.4%

Nippon India Large Cap Fund Direct Growth

Fund Performance: This fund has given 14.18% annualized returns in the last three years. In the last year, its returns were 9.25%. 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 9.25% 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
AUM12,955Cr
1Y Returns9.3%

Edelweiss Large Cap Fund Direct Growth

Fund Performance: This fund has given 15.39% annualized returns in the last three years. In the last year, its returns were 14.65%. 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 14.65% 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
AUM177Cr
1Y Returns14.7%

IIFL Focused Equity Fund Direct Growth

Fund Performance: This fund has given 16.73% annualized returns in the last three years. In the last year, its returns were 30.04%. 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 30.04% 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
AUM551Cr
1Y Returns30.0%

BNP Paribas Large Cap Fund Direct Growth

Fund Performance: This fund has given 15.7% annualized returns in the last three years. In the last year, its returns were 19.11%. 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 19.11% 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
AUM818Cr
1Y Returns19.1%

Canara Robeco Bluechip Equity Fund Direct Growth

Fund Performance: This fund has given 16.56% annualized returns in the last three years. In the last year, its returns were 18.2%. 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 18.2% 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
AUM301Cr
1Y Returns18.2%

Kotak Bluechip Fund Direct Growth

Fund Performance: This fund has given 13.61% annualized returns in the last three years. In the last year, its returns were 16.68%. 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 16.68% 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 ₹1,000.

Min Investment Amt₹1,000
AUM1,488Cr
1Y Returns16.7%

HDFC Top 100 Fund Direct Plan Growth

Fund Performance: This fund has given 11.63% annualized returns in the last three years. In the last year, its returns were 6.69%. 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 6.69% 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
AUM18,761Cr
1Y Returns6.7%

DSP Nifty Next 50 Index Fund Direct Growth

Fund Performance: This fund has given NA annualized returns in the last three years. In the last year, its returns were NA. 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 NA returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM49Cr
1Y ReturnsNA

Axis Nifty 100 Index Fund Direct Growth

Fund Performance: This fund has given NA annualized returns in the last three years. In the last year, its returns were NA. 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 NA returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM380Cr
1Y ReturnsNA

Invesco India Largecap Fund Direct Growth

Fund Performance: This fund has given 13.58% annualized returns in the last three years. In the last year, its returns were 11.77%. 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 11.77% 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 ₹500.

Min Investment Amt₹1,000
AUM206Cr
1Y Returns11.8%

Indiabulls Bluechip Direct Fund Growth

Fund Performance: This fund has given 13.87% annualized returns in the last three years. In the last year, its returns were 13.39%. 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 13.39% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM169Cr
1Y Returns13.4%

SBI Bluechip Direct Plan Growth

Fund Performance: This fund has given 11.83% annualized returns in the last three years. In the last year, its returns were 13.45%. 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 13.45% 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
AUM23,641Cr
1Y Returns13.4%

ICICI Prudential Bluechip Fund Direct Growth

Fund Performance: This fund has given 13.15% annualized returns in the last three years. In the last year, its returns were 11.32%. 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 11.32% 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
AUM25,025Cr
1Y Returns11.3%

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