5 Top-performing Lage-cap Mutual Funds: Mutual funds have emerged as one of the best investment choices for investors not only because they deliver high returns but also because they are managed by fund houses with decent exposure to the stock market. Among mutual funds, large caps are known for their stability, as they invest their money in large-cap, stable companies that are less susceptible to market volatilities.
Investors with long-term vision and low-risk factor mostly opt for large caps.
Their returns may not be as handsome as those of small- or mid caps, but large caps are stable, and the best-performing of them has given annualised returns as high as over 30 per cent.
Speaking about the outlook for large caps, Chandraprakash Padiyar, Senior Fund Manager, Tata Asset Management, told Zee Business digital that the overall scenario for large caps is positive.
“When it comes to large-cap mutual funds, there are active and passive funds. What we see at present is that active funds are seeing a slight redemption, but when it comes to passive funds like ETFs, and index-related funds, they are getting money. When you add both, the overall picture is positive. However, the extent of positiveness is slightly lower,” said Padiyar.
In this write-up, ZeeBiz takes you through the performance of the 5 large-cap mutual funds that have given the highest returns (as per AMFI) in the last three years.
Nippon India Large Cap Fund
The fund that was launched in January 2013 has an asset under management (AUM) worth Rs 16,663.52 crore.
The fund has given 30.18 per cent annualised returns in the three-year period while its net asset value (NAV) as on October 13 was Rs 72.60. Rs 10,000 invested in the fund three years ago would have become Rs 22,060.60 in today’s time.
On the other hand, a monthly SIP of Rs 10,000 for three years would have made Rs 500,065.28 for an investor.
The fund has 99.88 per cent of its assets in equities, with large-cap investment at 66.37 per cent, mid-cap investment at 11.2 per cent and small-cap investment at 2.92 per cent.
The high-risk mutual fund has a portfolio of 54 stocks with HDFC Bank, Reliance Industries Ltd, ICICI Bank, and ITC being its main stocks.
HDFC Top 100 Fund
The high-risk fund from the House of HDFC Mutual Fund has a fund size of Rs 26,391 crore, an NAV of Rs 934.84 as on October 13, and an expense ratio of 1.11 per cent.
The fund has given annualised returns of 26.50 per cent in the last three years against the category ratio of 20.35 per cent.
An investment of Rs 10,000 three years ago would become Rs 20,242 at present.
An SIP of Rs 10,000 a month would have become Rs 475,451.83 in the current value.
The fund has 49 stocks in its portfolio with 96.82 per cent of its investments in equities.
The fund has invested 76.93 per cent in large caps, 6.25 per cent in small caps and 13.64 per cent in others.
ICICI Bank, HDFC Bank, RIL, and ITC Limited are the main stocks in its portfolio.
ICICI Prudential Blue chip
The fund established in January 2013 has a fund size of Rs 41,833.49 crore with an NAV of Rs 86.48 as on October 13.
With an expense ratio of 1.02 per cent, the fund has given 24.01 per cent annualised returns in the three years.
The Crisil 4-star rated fund would have given Rs 19,069.50 at an investment of Rs 10,000 three years ago.
A Rs 10,000 SIP per month for three years would have turned into Rs 464,062.08 now.
The high-risk fund has 88.43 per cent of its investment in equities with 76.2 per cent in large caps, 5.31 per cent in mid caps, 0.37 per cent in small caps, and 6.52 per cent in others.
ICICI Bank, L & T, RIL, and Infosys are its main holdings in a group of 70 stocks.
SBI Blue Chip Fund
The fund’s AUM is Rs 39,650.53 crore and the high-risk large cap boasts a Cisil 4-star rating.
The NAV as on October 13 held the value of Rs 78.86 while the fund’s expense ratio is 0.88 per cent.
SBI Blue Chip Fund’s annualised returns in the three years have been at a rate of 20.35 per cent.
Had one invested Rs 10,000 three years ago, the amount would have become Rs 18,441 in today’s time.
A SIP of Rs 10,000 a month, meanwhile, would have given Rs 450,647 in the three years.
The fund has 50 stocks with HDFC Bank, ICICI Bank, L & T, and ITC as the main stocks in its portfolio.
The fund has 94.88 per cent of its investments in equities, out of which 65.78 per cent is in large caps, 7.86 per cent in mid caps while 1.8 per cent in small caps.
Mahindra Manulife Large Cap Fund
The large-cap fund is small in size as it holds an AUM of just Rs 272.9 crore.
With a 2.39 per cent expense ratio, the Crisil 3 star-rated fund has outperformed the category average of 2.22 per cent.
It has given annualised returns of 19.07 per cent in the three years.
The fund that was started in March 2019 has an NAV of Rs 17.69 as on October 13.
At an investment of Rs 10,000 three years ago, the fund would have given an investor Rs 17,291.
Likewise, a Rs 10,000 SIP a month would have given a return of Rs 433,615.86 in the same period.
The fund has 39 stocks against the category average of 48.27 with 98.41 per cent of its investments in equities.
Its large-cap investments are 74.23 per cent, mid caps are 11.78 per cent, while others are 12.4 per cent.