Mutual funds: Six best-performing large-cap schemes to take a position now

Mutual funds funding: Large-cap mutual funds put cash into top-ranked corporations based totally on market capitalisation harking back to Reliance, offering low-risk and long-term progress funding selections for patrons. Hence, these funds are sometimes associated to lower hazard than completely different types of equity funds. They current regular returns over the long term. As per the principles set by the Securities and Exchange Board of India (SEBI), large-cap funds ought to make investments a minimum of 80% of their fund corpus in large-cap shares.

Best large-cap mutual funds for funding

Dr. Ravi Singh, Vice President and Head of Research, Share India has shared three prime large-cap mutual funds for the easiest return in your money.

1)Nippon India Large Cap Fund with 17% annual return, 

2)SBI Bluechip Fund with a 15.22% annual return

3) Canara Robeco Bluechip Equity Fund with a15.22% annual return.

Vinit Khandare, CEO and Founder, MyFundBazaar listed the three best large-cap mutual funds the place patrons can bear in mind putting their money in 2023

1)HDFC Index Nifty 50 Fund

2)Nippon India Large Cap Fund (G)

3)Aditya Birla Sun Life Frontline Equity Fund (G)

Tax and funding expert Balwant Jain prompt to go for index funds if one is considering investing in large cap funds. Jain really useful one best large-cap mutual fund

1)UTI Nifty 50

Pankaj Mathpal, MD & CEO at Optima Money Managers listed one best large-cap mutual funds for the easiest return in your money

1) Aditya Birla Sun Life Frontline Equity Fund

Top performing large cap mutual funds: Key points to know1)Nippon India Large Cap Fund

This fund has been in existence for better than 15 years now, and was launched on August 08, 2007. It has given an annualised return of 11.76% as a result of the launch. The prime constituent shares embrace Larsen & Toubro Ltd, State Bank of India, ITC, and Axis Bank.

2)SBI Bluechip Fund

This fund has been in existence for 10 yrs 4 m, having been launched on 14 February, 2006. It has given an annualised return of 11.55% as a result of the launch. The prime constituent shares embrace Larsen & Toubro Ltd, State Bank of India, ITC, Infosys, and Reliance Industries.

3) Canara Robeco Bluechip Equity Fund

Canara Robeco Bluechip Equity Fund scheme was launched on August 20, 2010. It has given an annualised return of 12.08% as a result of the launch. The prime constituent shares embrace HDFC Bank, Reliance Industries, ICICI Bank, Infosys, SBI, and ITC.

4)Aditya Birla Sun Life Frontline Equity Fund

This fund has been in existence for better than 20 years, having been launched on August 12, 2002. It has given an annualised return of 10.7% as a result of the launch. The prime constituent shares embrace ICICI Bank, HDFC Bank, Infosys, and Reliance.

5) UTI Nifty 50

UTI Nifty 50 MF scheme was launched on March 6, 2000. It has given an annualised return of 11.4% as a result of the launch. The prime constituent shares embrace ICICI Bank, HDFC, Infosys, and ITC.

6) HDFC Index Nifty 50 Fund

HDFC Index Nifty 50 Fund has given an annualised return of 14.53% since its launch in July 2002. The prime constituent shares embrace Reliance, HDFC Bank, HDFC, and ICICI Bank.

Disclaimer: The views and proposals made above are these of explicit individual analysts, and by no means of Mint. We advise patrons to look at with licensed specialists sooner than taking any funding picks.

Catch the entire Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
Download The Mint News App to get Daily Market Updates.

More
Less

Topics