Mutual Funds: Top 5 Large and Mid-cap mutual funds with highest SIP returns

Investing efficiently is tricky and it needs proper planning to build your wealth. Mutual funds could be a good addition to your portfolio if you are looking for diversification. Mutual funds offer higher return compared to traditional savings methods and also cater to needs of all sections of investors.

However, making the right mutual fund investment could be a strenuous task and comparing historical prices or performance could be beneficial. While historical performance doesn't guarantee returns in the present or future, it can form a basis for comparison between different funds.

You can take a look at the top 5 Large and Mid-cap mutual funds listed below that have offered the highest SIP returns in recent years. This could help you to do better planning for your investments.

The Large and Mid-cap funds are a subcategory of mutual funds which invest in large-cap equity stocks as well as the mid-cap companies. As per the SEBI guidelines, these funds need to invest at least 35 per cent of their accumulated corpus in large-cap and mid-cap equity assets.

HDFC Large and Mid-cap Fund

The HDFC Large and Mid-cap fund is categorised as high-risk equity fund. The fund predominantly allocates 97.11 per cent of its assets to equities, with the remaining 2.89 per cent in cash and cash equivalent instruments. It maintains a diversified portfolio comprising a total of 166 stocks and has invested in stocks like Infosys, HDFC Bank and ICICI Bank, among others. It boasts a 3-year SIP return of 24.98 per cent while the 5-year SIP return is recorded to be 23.97 per cent. Currently, it has an assets under management (AUM) of Rs 11,197.54 crore

Motilal Oswal Large and Mid-cap Fund

The Motilal Oswal Large and Mid-cap fund ranks as the second-highest performer in terms of SIP returns over the past three years, however, it is a very high-risk mutual fund. The fund is heavily invested in the equity market with a 101.09 per cent allocation of its assets and has a -1.09 per cent share allotted to cash and cash equivalent instruments. It invests 24.02 per cent of the equity investments in large-ca stocks, 30.85 per cent in mid-cap stocks, and 9.47 per cent in small-cap stocks. The prominent stock holdings of this fund include Trent, Global Health, and Infosys. It has offered a 3-year SIP return of 24.27 per cent. Since its inception in 2019, it has provided a return of 20.73 per cent. Currently, its AUM is Rs 2,080.51 crore.

ICICI Prudential Large and Mid-cap Fund

The ICICI Prudential Large & Mid-cap Fund has directed 96.34 per cent of its assets towards the equities domain. Out of this investment, 52.72 per cent is allocated to large-cap stocks, 25.38 per cent is directed towards mid-cap stocks, and 2.98 per cent goes to small-cap stocks. It also has a 0.95 per cent holding in debt instruments. The fund has offered a 3-year SIP return of 23.29 per cent and a 5-year SIP return of 23.06 per cent. The AUM of this fund is Rs 9,364.53 crore.

Quant Large and Mid-cap Fund

The Quant large and mid-cap fund has invested 67.09 per cent of its assets in domestic equities. Out of this allocation, 30.47 per cent goes to large-cap stocks, 15.24 per cent is invested in mid-cap stocks, and 1.38 per cent is directed to small-cap stocks. In addition, the fund invests 8.27 per cent of its funds in debt, which is completely allocated in government securities. It has provided a 3-year SIP return of 22.96 per cent. In addition, it boasts a 5-year SIP return of 24.06 per cent, which is the highest on this list. The current AUM value of the fund is Rs 6,179 crore.

Bandhan Core Equity Fund

The Bandhan Core Equity Fund has invested 96.45 of its assets in the equity market. Out of this investment, 39.47 per cent is in large-cap stocks, 26.27 per cent is in mid-cap stocks, and 12.59 per cent in small-cap stocks. The fund's 3-year SIP return stands at 22.66 per cent while the 5-year SIP return is 21.92 per cent. It has an AUM of Rs 2,847 crore currently.