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 Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| Canara Robeco Bluechip Equity Fund | Equity | Very High | 55.8% | 5star | ₹2,477 | |
| Axis Bluechip Fund | Equity | Very High | 47.5% | 5star | ₹25,183 | |
| Mirae Asset Large Cap Fund | Equity | Very High | 60.7% | 5star | ₹23,993 | |
| Tata Index Fund - Sensex Plan | Equity | Very High | 55.2% | 5star | ₹68 | |
| Motilal Oswal Focused 25 Fund | Equity | Very High | 49.1% | 5star | ₹1,621 | |
| ICICI Prudential Sensex Index Fund | Equity | Very High | 56.0% | 5star | ₹242 | |
| HDFC Index Fund - SENSEX Plan | Equity | Very High | 56.4% | 5star | ₹2,060 | |
| BNP Paribas Large Cap Fund | Equity | Very High | 49.8% | 4star | ₹1,030 | |
| Kotak Bluechip Fund | Equity | Very High | 61.9% | 4star | ₹2,411 | |
| UTI Mastershare Unit Scheme | Equity | Very High | 60.5% | 4star | ₹7,734 | |
| IDFC Nifty Fund | Others | Very High | 60.7% | 4star | ₹292 | |
| Nippon India Index Fund - Sensex Plan | Equity | Very High | 55.9% | 4star | ₹137 | |
| Edelweiss Large Cap Fund | Equity | Very High | 59.0% | 4star | ₹236 | |
| UTI Nifty Index Fund | Equity | Very High | 61.1% | 4star | ₹3,669 | |
| Tata Index Fund - Nifty Plan | Equity | Very High | 60.4% | 4star | ₹132 | |
| 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 16.43% annualized returns in the last three years. In the last year, its returns were 55.8%. 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 55.8% 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 |
|---|---|
| AUM | ₹2,477Cr |
| 1Y Returns | 55.8% |
Axis Bluechip Fund Direct Plan Growth
Fund Performance: This fund has given 15.28% annualized returns in the last three years. In the last year, its returns were 47.55%. 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 47.55% 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 |
|---|---|
| AUM | ₹25,183Cr |
| 1Y Returns | 47.5% |
Mirae Asset Large Cap Fund Direct Growth
Fund Performance: This fund has given 12.49% annualized returns in the last three years. In the last year, its returns were 60.69%. 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 60.69% 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 ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹23,993Cr |
| 1Y Returns | 60.7% |
Tata Index Sensex Direct
Fund Performance: This fund has given 12.04% annualized returns in the last three years. In the last year, its returns were 55.18%. 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 55.18% 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 ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹68Cr |
| 1Y Returns | 55.2% |
Motilal Oswal Focused 25 Fund Direct Growth
Fund Performance: This fund has given 12% annualized returns in the last three years. In the last year, its returns were 49.14%. 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 49.14% 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 |
|---|---|
| AUM | ₹1,621Cr |
| 1Y Returns | 49.1% |
ICICI Prudential Sensex Index Fund Direct Growth
Fund Performance: This fund has given 11.98% annualized returns in the last three years. In the last year, its returns were 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 56% 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 |
|---|---|
| AUM | ₹242Cr |
| 1Y Returns | 56.0% |
HDFC Index Sensex Direct Plan Growth
Fund Performance: This fund has given 11.94% annualized returns in the last three years. In the last year, its returns were 56.43%. 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 56.43% 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 |
|---|---|
| AUM | ₹2,060Cr |
| 1Y Returns | 56.4% |
BNP Paribas Large Cap Fund Direct Growth
Fund Performance: This fund has given 12.97% annualized returns in the last three years. In the last year, its returns were 49.82%. 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 49.82% 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 ₹300.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,030Cr |
| 1Y Returns | 49.8% |
Kotak Bluechip Fund Direct Growth
Fund Performance: This fund has given 12.86% annualized returns in the last three years. In the last year, its returns were 61.87%. 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 61.87% 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 |
|---|---|
| AUM | ₹2,411Cr |
| 1Y Returns | 61.9% |
UTI Mastershare Direct Growth
Fund Performance: This fund has given 12.23% annualized returns in the last three years. In the last year, its returns were 60.48%. 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 60.48% 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 |
|---|---|
| AUM | ₹7,734Cr |
| 1Y Returns | 60.5% |
IDFC Nifty Direct Plan Growth
Fund Performance: This fund has given 12% annualized returns in the last three years. In the last year, its returns were 60.73%. It has continually hit its benchmark in the Others segment.
Why to invest: It is one of the most remarkable Others mutual funds in India. This fund has constantly outperformed other similar funds, providing 60.73% 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 ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹292Cr |
| 1Y Returns | 60.7% |
Nippon India Index Fund Sensex Plan Direct Growth
Fund Performance: This fund has given 11.95% annualized returns in the last three years. In the last year, its returns were 55.94%. 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 55.94% 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 ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹137Cr |
| 1Y Returns | 55.9% |
Edelweiss Large Cap Fund Direct Growth
Fund Performance: This fund has given 11.91% annualized returns in the last three years. In the last year, its returns were 58.95%. 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 58.95% 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 |
|---|---|
| AUM | ₹236Cr |
| 1Y Returns | 59.0% |
UTI Nifty Index Fund Direct Growth
Fund Performance: This fund has given 11.81% annualized returns in the last three years. In the last year, its returns were 61.11%. 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 61.11% 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 |
|---|---|
| AUM | ₹3,669Cr |
| 1Y Returns | 61.1% |
Tata Index Nifty Direct
Fund Performance: This fund has given 11.78% annualized returns in the last three years. In the last year, its returns were 60.38%. 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 60.38% 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 ₹150.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹132Cr |
| 1Y Returns | 60.4% |
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