Investing in mutual funds is a great way to grow your wealth over time. Large-cap mutual funds are a popular choice for investors who are looking for stable returns. These funds invest in companies with a market capitalization of over Rs. 10,000 crore. These companies are usually well-established and have a proven track record of performance. In this article, we will discuss the top large-cap mutual funds in India for stable returns.
- SBI Bluechip Fund
The SBI Bluechip Fund is one of the most popular large-cap mutual funds in India. It has a track record of delivering consistent returns over the years. The fund has a diversified portfolio with investments in sectors such as banking, finance, and technology. This fund is managed by Ms. Sohini Andani with an asset value of ₹38331.29 crores. The fund has annualized returns values of 25.33% for 3 years and 11.83% since inception with a very high risk.
- HDFC Top 100 Fund
The HDFC Top 100 Fund is another popular large-cap mutual fund in India. The fund has a diversified portfolio with investments in sectors such as banking, finance, and technology. The fund has a 5-star rating from CRISIL and has delivered an average annual return of 11.88% over the last 5 years. The fund has a low expense ratio of 1.12% which makes it an attractive investment option for investors. This fund is managed by Mr. Rahul Baijal with an asset value of ₹23,821.34 crores.
- ICICI Prudential Bluechip Fund
The ICICI Prudential Bluechip Fund is a large-cap mutual fund that invests in companies with a market capitalization of over Rs. 10,000 crore. The fund has a diversified portfolio with investments in sectors such as banking, finance, and technology. The fund has a 5-star rating from CRISIL and has delivered an average annual return of 13.99% over the last 5 years. The fund has a low expense ratio of 1.60% which makes it an attractive investment option for investors. This fund is managed by Mr. Anish Tawakley and Mr. Vaibhav Dusad with an asset value of ₹38734.11 crores.
- Aditya Birla Sun Life Frontline Equity Fund
The Aditya Birla Sun Life Frontline Equity Fund is an open-ended equity scheme focusing on large-cap stocks. Aims for long-term capital growth with a diversified portfolio mirroring the NIFTY 100 TRI index, holding 100% equity allocation. This fund is managed by Mr. Mahesh Patil and Mr. Dhaval Joshi with an asset value of ₹ 23272.9 crores. The fund has annualized returns values of 23.31% for 3 years and 19.14% since inception with a very high risk.
- Kotak Bluechip Fund
The Kotak Bluechip Fund is an open-ended equity scheme, focusing on large-cap stocks to achieve capital appreciation. The fund invests in a portfolio of equity and related securities of established large-cap companies. This fund is managed by Mr. Harish Krishnan with an asset value of ₹ 3,761.73 crores. The fund has annualized returns values of 20.38% for 3 years and 14.97% since inception with a very high risk.
Conclusion
Investing in large-cap mutual funds is a great way to grow your wealth over time. These funds invest in well-established companies with a proven track record of performance. These funds mentioned above have a 5-star rating from CRISIL and have delivered consistent returns over the years. It is important to do your research and choose a fund that aligns with your investment goals and risk appetite.
