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 NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Axis Bluechip FundEquityModerately High0.4%5star8,050
Reliance Large Cap FundEquityModerately High-9.7%5star12,531
Mirae Asset Large Cap FundEquityModerately High-4.0%5star14,917
Canara Robeco Bluechip Equity FundEquityModerately High-4.6%4star238
Kotak Bluechip FundEquityModerately High-7.1%4star1,379
HDFC Top 100 Fund EquityHigh-5.4%4star17,614
Edelweiss Large Cap FundEquityModerately High-8.0%4star163
BNP Paribas Large Cap FundEquityModerately High0.1%4star788
IIFL India Growth FundEquityModerately High-2.8%4star258
Invesco India Largecap FundEquityModerately High-7.2%4star199
ICICI Prudential Bluechip Equity FundEquityModerately High-7.0%4star23,019
SBI Bluechip FundEquityModerately High-6.8%4star22,743
Indiabulls Blue Chip FundEquityModerately High-5.7%4star209
Tata Large Cap FundEquityModerately High-5.8%3star785
Essel Largecap Equity Fund EquityModerately High-7.0%3star106
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.

Axis Bluechip Fund Direct Plan Growth

Fund Performance: This fund has given 13.55% annualized returns in the last three years. In the last year, its returns were 0.42%. 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 0.42% 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
AUM8,050Cr
1Y Returns0.4%

Nippon India Large Cap Fund Direct Growth

Fund Performance: This fund has given 8.24% annualized returns in the last three years. In the last year, its returns were -9.72%. 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 -9.72% 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
AUM12,531Cr
1Y Returns-9.7%

Mirae Asset Large Cap Fund Direct Growth

Fund Performance: This fund has given 10.69% annualized returns in the last three years. In the last year, its returns were -4.01%. 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 -4.01% 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
AUM14,917Cr
1Y Returns-4.0%

Canara Robeco Bluechip Equity Fund Direct Growth

Fund Performance: This fund has given 9.4% annualized returns in the last three years. In the last year, its returns were -4.63%. 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 -4.63% 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
AUM238Cr
1Y Returns-4.6%

Kotak Bluechip Fund Direct Growth

Fund Performance: This fund has given 6.93% annualized returns in the last three years. In the last year, its returns were -7.08%. 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 -7.08% 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 ₹1,000.

Min Investment Amt₹1,000
AUM1,379Cr
1Y Returns-7.1%

HDFC Top 100 Fund Direct Plan Growth

Fund Performance: This fund has given 8.23% annualized returns in the last three years. In the last year, its returns were -5.42%. 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 -5.42% 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
AUM17,614Cr
1Y Returns-5.4%

Edelweiss Large Cap Fund Direct Growth

Fund Performance: This fund has given 8.26% annualized returns in the last three years. In the last year, its returns were -7.99%. 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 -7.99% 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
AUM163Cr
1Y Returns-8.0%

BNP Paribas Large Cap Fund Direct Growth

Fund Performance: This fund has given 8.32% annualized returns in the last three years. In the last year, its returns were 0.11%. 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 0.11% 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
AUM788Cr
1Y Returns0.1%

IIFL Focused Equity Fund Direct Growth

Fund Performance: This fund has given 9.21% annualized returns in the last three years. In the last year, its returns were -2.8%. 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 -2.8% 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
AUM258Cr
1Y Returns-2.8%

Invesco India Largecap Fund Direct Growth

Fund Performance: This fund has given 7.81% annualized returns in the last three years. In the last year, its returns were -7.16%. 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 -7.16% 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 ₹500.

Min Investment Amt₹1,000
AUM199Cr
1Y Returns-7.2%

ICICI Prudential Bluechip Fund Direct Growth

Fund Performance: This fund has given 8.44% annualized returns in the last three years. In the last year, its returns were -6.95%. 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 -6.95% 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
AUM23,019Cr
1Y Returns-7.0%

SBI Bluechip Direct Plan Growth

Fund Performance: This fund has given 6.07% annualized returns in the last three years. In the last year, its returns were -6.8%. 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 -6.8% 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 ₹500.

Min Investment Amt₹5,000
AUM22,743Cr
1Y Returns-6.8%

Indiabulls Bluechip Direct Fund Growth

Fund Performance: This fund has given 9.02% annualized returns in the last three years. In the last year, its returns were -5.73%. 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 -5.73% 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
AUM209Cr
1Y Returns-5.7%

Tata Large Cap Direct Plan Growth

Fund Performance: This fund has given 7.1% annualized returns in the last three years. In the last year, its returns were -5.76%. 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 -5.76% 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
AUM785Cr
1Y Returns-5.8%

Essel Large Cap Equity Fund Direct Growth

Fund Performance: This fund has given 6.83% annualized returns in the last three years. In the last year, its returns were -6.99%. 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 -6.99% 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 ₹500.

Min Investment Amt₹1,000
AUM106Cr
1Y Returns-7.0%

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