Six Best-Performing Large-Cap Schemes to Invest Now
Large-cap mutual funds are considered to be one of the safest investment options by most investors, as they invest in companies with established market capitalization and relatively stable revenue streams. If you’re looking to invest in large-cap mutual funds, here are six of the best-performing schemes to consider.
1. Axis Bluechip Fund
Axis Bluechip Fund is one of the best-performing large-cap mutual funds, with an AUM of over Rs 25,000 crore. The fund’s investment strategy primarily focuses on investing in companies with high growth potential and good corporate governance. It has generated an average annual return of 15.34% over the past three years.
2. ICICI Prudential Bluechip Fund
ICICI Prudential Bluechip Fund is another top-performing large-cap fund with a current AUM of over Rs 31,000 crore. The investment strategy of the fund is centered around identifying companies with potential for long-term growth and profitability. It has generated an average annual return of 12.52% over the past three years.
3. SBI Bluechip Fund
SBI Bluechip Fund is amongst the largest and most popular large-cap mutual funds in India with an AUM of over Rs 28,000 crore. The fund invests in high-potential companies with established market capitalization, strong management, and high profitability. It has generated an average annual return of 13.87% over the past three years.
4. Mirae Asset Large Cap Fund
Mirae Asset Large Cap Fund is one of the best-performing large-cap mutual funds, with an AUM of over Rs 22,000 crore. The investment strategy primarily focuses on high-quality companies with a potential for long-term growth. It has generated an average annual return of 15.26% over the past three years.
5. Canara Robeco Bluechip Equity Fund
Canara Robeco Bluechip Equity Fund is known for its stable and consistent investment strategy. It invests in companies with a large market capitalization and a strong competitive advantage in their respective sectors. The fund has generated an average annual return of 11.05% over the past three years.
6. HDFC Top 100 Fund
Lastly, HDFC Top 100 Fund is one of the oldest and most popular large-cap mutual funds in India with an AUM of over Rs 18,000 crore. The fund invests in companies with high potential for growth and profitability, with a focus on those with a strong competitive advantage. It has generated an average annual return of 10.33% over the past three years.
Conclusion
The mutual funds listed above have performed well in the past and are considered to be some of the best choices for investors looking to invest in large-cap mutual funds. It’s important to note that past performance does not guarantee future returns, so it’s essential to conduct thorough research and consult with a financial advisor before investing.