Over the past five years, several large-cap mutual funds in India have delivered strong returns, outperforming their benchmarks and benefiting investors. Large-cap funds mainly invest in well-established companies with substantial market capitalizations. This approach offers stability and consistent growth potential.
Here are some of the top-performing large-cap mutual funds based on their five-year annualized returns:
Fund Name | 5-Year Annualized Return (%) |
---|---|
Nippon India Large Cap Fund | 22.35 |
ICICI Prudential Bluechip Fund | 21.38 |
Invesco India Largecap Fund | 20.20 |
HDFC Top 100 Fund | 20.07 |
Canara Robeco Bluechip Equity Fund | 19.97 |
Baroda BNP Paribas Large Cap Fund | 19.94 |
Aditya Birla Sun Life Frontline Equity Fund | 19.77 |
Bandhan Large Cap Fund | 19.64 |
Edelweiss Large Cap Fund | 19.49 |
Source: AMFI; Returns as of October 10, 2024
The Nippon India Large Cap Fund led with an impressive 22.35% return, followed closely by ICICI Prudential Bluechip Fund at 21.38%. These funds have outperformed the average category return of 19.23%, showing steady performance over time.
Investors looking to invest in large-cap companies may consider these funds. However, it is essential to match investment choices with personal financial goals, risk tolerance, and time horizons. Seeking advice from a financial expert can help create a suitable investment strategy.
Disclaimer: Past performance does not guarantee future results. Mutual fund investments carry market risks; read all scheme-related documents carefully before investing.