Before investing in a mutual fund scheme, investors tend to weigh a number of pros and cons. Some of the key factors include category of fund, reputation of fund house, risk appetite of investor and importantly – the past performance of that particular scheme vis-à-vis other schemes in the same category.
Here we give a lowdown on the top performing large cap mutual funds, particularly the ones that delivered a return higher than 12 percent in the past five years.
What are large cap funds?
At the outset, we can first define what are large cap mutual funds. The large cap mutual funds refer to the schemes that invest a minimum of 80 percent of their assets in large cap stocks i.e., the securities of top 100 companies ranked in terms of their market capitalisation.
Large Cap funds | 5-year-returns (%) |
Nippon India Large Cap Fund | 13.15 |
Canara Robeco Bluechip Equity Fund | 12.81 |
ICICI Prudential Bluechip Fund | 12.53 |
Baroda BNP Paribas Large Cap Fund | 12.47 |
SBI Bluechip Fund | 12.06 |
HDFC Top 100 Fund | 12.05 |
(Source: AMFI, data as on Aug 21)
Here we briefly describe each of these schemes:
Nippon India Large Cap Fund: It was launched on Aug 8, 2007 and its AUMs now amount to ₹15,654 crore. Its return since launch is 12.27 percent per annum. Its key constituent stocks include HDFC Bank, ICICI Bank, RIL, SBI and L&T.
Canara Robeco Bluechip Equity Fund: It was launched on Aug 20, 2010 and its AUMs now amount to ₹10,071 crore. Its return since inception is 12.38 percent CAGR. The key constituent stocks are HDFC Bank, ICICI Bank, RIL, Infosys and L&T.
ICICI Prudential Bluechip Fund:It was launched on May 23, 2008. Its AUMs amount to ₹39,937 crore. It gave 14.31 percent CAGR return per annum since inception. The key constituent stocks are ICICI Bank, Treps, RIL, L&T and HDFC Bank.
Baroda BNP Paribas Large Cap Fund: It was launched on Sept 23, 2004 and its AUMs amount to ₹1,496 crore. The fund has delivered 15.71 percent CAGR return since its launch. The key constituent stocks include HDFC Bank, ICICI Bank, RIL, Treps and L&T.
SBI Bluechip Fund: It was launched on Feb 14, 2006 and its current AUMs now amount to ₹38,688 crore. The fund has given a CAGR return of 11.76 percent per annum since its inception. The key constituent stocks in the scheme are HDFC Bank, ICICI Bank, ITC, L&T and Infosys.
HDFC Top 100 Fund: It was launched on Oct 11, 1996 and its AUMs amount to ₹25,521 crore. The fund has delivered a CAGR return of 18.79 percent per annum since its inception. The key constituent stocks are HDFC Bank, ICICI Bank, RIL, ITC and Infosys.
Note: This story is for informational purposes only. Please speak to a SEBI-registered investment advisor before making any investment related decision.
Index funds are mutual funds that replicate the portfolio of an entire index like Nifty50.
First Published: 24 Aug 2023, 10:51 AM
IST
FAQs
The large cap mutual funds that have delivered healthy CAGR returns of more than 12 percent per annum in the past five years include Nippon India Large Cap Fund, Canara Robeco Bluechip Equity Fund, ICICI Prudential Bluechip Fund, Baroda BNP Paribas Large Cap Fund, SBI Bluechip Fund and HDFC Top 100 Fund.
Which mutual fund gives the highest return in the last 5 years? ›
DSP Healthcare Fund gave the highest return of around 25.58%. LIC MF Healthcare Fund offered the lowest return of 18.58% in the same time period. The midcap funds gave an average return of around 22.31% in the last five years. Quant Mid Cap Fund, the topper in the midcap category, gave 31.26% return.
Which mutual funds give 30% return? ›
4 equity mutual funds offered over 30% returns in 3 & 5 years
- IANS. 1/6. Top Gainers. ...
- iStock. 2/6. Nippon India Small Cap Fund. ...
- iStock. 3/6. Quant Flexi Cap Fund. ...
- Getty Images. 4/6. Quant Mid Cap Fund. ...
- iStock. 5/6. Quant Small Cap Fund. ...
- Agencies. 6/6. Interested to invest?
What mutual funds have the highest returns? ›
Best-performing U.S. equity mutual funds
Ticker | Name | 5-year return (%) |
---|
GQEPX | GQG Partners US Select Quality Eq Inv | 19.33 |
FGRTX | Fidelity Mega Cap Stock | 17.23 |
SSAQX | State Street US Core Equity Fund | 16.89 |
FGLGX | Fidelity Series Large Cap Stock | 16.88 |
3 more rows
What is a good annualized return on mutual funds? ›
Moreover, mutual funds are meant to be evaluated against a benchmark such as a broad index or other yardstick of value - so if the S&P 500 falls 3% in a year and a large-cap mutual fund only falls 2.5%, it can be considered a "good" return, relatively speaking.
What is a good investment return over 5 years? ›
5-year, 10-year, 20-year and 30-year S&P 500 returns
Period (start-of-year to end-of-2023) | Average annual S&P 500 return |
---|
5 years (2019-2023) | 15.36% |
10 years (2014-2023) | 11.02% |
15 years (2009-2023) | 12.63% |
20 years (2004-2023) | 9.00% |
2 more rowsMay 3, 2024
How much return can I expect from mutual funds in 5 years? ›
The recent performance surge has lifted the category scorecard of healthcare funds, with an average return of 59% over a one-year period, a compounded annual growth rate (CAGR) of 18% over a three-year period, and 23% CAGR over a five-year period. This is as per the latest data from Value Research.
Can we get 15% return on mutual fund? ›
As you know there are no fixed returns in mutual funds but you can expect around 8% - 10% in Debt hybrid funds, around 10% - 12% in equity hybrid funds and 12%-15% in equity funds if you have a long-term horizon.
What is the 75 5 10 rule for mutual funds? ›
Diversified management investment companies have assets that fall within the 75-5-10 rule. A 75-5-10 diversified management investment company will have 75% of its assets in other issuers and cash, no more than 5% of assets in any one company, and no more than 10% ownership of any company's outstanding voting stock.
What is the 3 5 10 rule for mutual funds? ›
Specifically, a fund is prohibited from: acquiring more than 3% of a registered investment company's shares (the “3% Limit”); investing more than 5% of its assets in a single registered investment company (the “5% Limit”); or. investing more than 10% of its assets in registered investment companies (the “10% Limit”).
I put my personal 401(k) and a lot of my mutual fund investing in four types of mutual funds: growth, growth and income, aggressive growth, and international. I personally spread mine in 25% of those four. And I look for mutual funds that have long track records that have outperformed the S&P.
What is the safest investment with the highest return? ›
These seven low-risk but potentially high-return investment options can get the job done:
- Money market funds.
- Dividend stocks.
- Bank certificates of deposit.
- Annuities.
- Bond funds.
- High-yield savings accounts.
- 60/40 mix of stocks and bonds.
What is the best rated mutual fund Morningstar? ›
Best Growth Mutual Funds and ETFs for 2024
- T. ...
- Vanguard Capital Opportunity VHCOX.
- Vanguard Growth Index/ETF VIGAX VUG.
- Vanguard Russell 1000 Growth Index/ETF VRGWX VONG.
- Vanguard S&P 500 Growth Index/ETF VSPGX VOOG.
- Vanguard Small Cap Growth Index/ETF VSGIX VBK.
- Wasatch Core Growth WGROX.
- Wasatch Small Cap Growth WAAEX.
Which mutual fund gives 12% return? ›
The large cap mutual funds that have delivered healthy CAGR returns of more than 12 percent per annum in the past five years include Nippon India Large Cap Fund, Canara Robeco Bluechip Equity Fund, ICICI Prudential Bluechip Fund, Baroda BNP Paribas Large Cap Fund, SBI Bluechip Fund and HDFC Top 100 Fund.
What is a good Annualised return? ›
Most investors would view an average annual rate of return of 10% or more as a good ROI for long-term investments in the stock market. However, keep in mind that this is an average.
Is 7% annualized return good? ›
A good return on investment is generally considered to be around 7% per year, based on the average historic return of the S&P 500 index, adjusted for inflation. The average return of the U.S. stock market is around 10% per year, adjusted for inflation, dating back to the late 1920s.
Which stock has highest return in last 5 years? ›
Highest returns in 5 year
S.No. | Name | CMP Rs. |
---|
1. | Diamond Power | 960.40 |
2. | Waaree Renewab. | 2393.00 |
3. | Authum Invest | 825.55 |
4. | Orchid Pharma | 1002.70 |
23 more rows
Which mutual fund is best for best returns? ›
List of Best Mutual Funds in India sorted by ET Money Ranking
- Quant Small Cap Fund. ...
- Quant Mid Cap Fund. ...
- Kotak Infrastructure and Economic Reform Fund. ...
- HYBRID Multi Asset Allocation. ...
- ICICI Prudential Value Discovery Fund. ...
- ICICI Prudential Focused Equity Fund. ...
- HYBRID Aggressive Hybrid. ...
- Parag Parikh Flexi Cap Fund.
Which mutual fund has the best return in 2024? ›
Top 5 Large Equity Mutual Funds In 2024
Along with annualised returns of 25.58 per cent in the last 3 years, the fund has delivered yields of 18.77 per cent in the last five years. Following this, ICICI Prudential Bluechip Fund Direct Growth is also popular this year amongst investors.
Which mutual fund pays highest? ›
Frequently Asked Questions
Fund Name | Fund Category | 5 Year Return (Annualized) |
---|
Aditya Birla Sun Life Dividend Yield Fund | Equity | 22.4 % p.a. |
SBI Dividend Yield Fund | Equity | NA |
Templeton India Equity Income Fund | Equity | 24.29 % p.a. |
Sundaram Dividend Yield Fund | Equity | 20.2 % p.a. |
1 more row