Top 5 large-cap SIP mutual funds in 5 years: No. 1 fund has turned Rs 20K SIP into Rs 24.50 lakh; has HDFC Bank, ICICI Bank, and ITC as its main stocks
As per Association of Mutual Funds in India (AMFI) classification, a large-cap mutual has to invest 80 per cent of its money in large-cap stocks. The large-cap mutual fund as a category has grown 39.60 per cent return in the one year, 18.71 per cent in the three years, and 17.70 per cent in the three-year period, as per Value Research data as on July 8, 2024.
Top 5 large-cap SIP mutual funds in 5 years: Large-cap mutual funds are equity mutual funds, which are considered more stable compared to mid-cap and small-cap mutual funds. Large-cap mutual funds invest the majority of their money in large companies. As per Association of Mutual Funds in India (AMFI) classification, a large-cap mutual has to invest 80 per cent of its money in large-cap stocks.
These large-cap firms are fundamentally stronger and have more stable growth than their mid-cap and small-cap counterparts.
The large-cap mutual fund as a category has grown 39.60 per cent return in the one year, 18.71 per cent in the three years, and 17.70 per cent in the three-year period, as per Value Research data as on July 8, 2024.
In terms of annual SIP returns (XIRR), the top 5 funds have given up to per cent return. We take you through the top-performers and what Rs 20,000 SIP in each fund has given in 5 years.
Nippon India Large Cap Fund - Direct Plan - Growth
The fund has given 28.87 per cent SIP returns in the last five years.
The fund has assets under management (AUM) of Rs 26,925 crore, while its NAV is worth Rs 96.8297.
Benchmarked against BSE 100 TRI, the fund has given a 17.79 per cent annual return since its inception in January 2013.
The fund has a minimum SIP and a lump sum investment of Rs 100 each.
The open-ended fund has an expense ratio of 0.75 per cent.
The fund has a 58-stock portfolio with its main investments in equity stocks at 99.26 per cent, of which 66.97 per cent are in large-cap stocks.
The fund's main stocks in its portfolio are HDFC Bank, Reliance Industries Limited, ICICI Bank, ITC, and SBI.
A Rs 10,000 monthly SIP in the fund has grown to Rs 12,20,370 in the five-year period.
A Rs 20,000 monthly SIP in the fund has become Rs 24,40,741 in the same time frame.
JM Large Cap Fund - Direct- Growth
The fund at No. 2 has given annual SIP returns of 25.79 per cent in the five-year time frame.
The fund has an asset base of Rs 192 crore, while its NAV is worth Rs 183.2422.
Benchmarked against BSE 100 TRI, the fund has given a 15.06 per cent return since its inception in January 2013.
The fund's minimum lump sum investment is Rs 1,000, while its minimum SIP return is Rs 100.
The open ended fund has an expense ratio of 1.01 per cent.
The fund's 93.99 per cent investments are in equity with 63.40 per cent of them in large caps.
In its 41-stock portfolio, its main stocks are Larsen and Toubro, HDFC Bank, Grasim, SBI, and Hindalco.
A Rs 10,000 monthly SIP in the fund has given Rs 11,34,128 in total in the five-year period.
On the other hand, a Rs 20,000 monthly SIP in the fund has now become Rs 22,68,257.
ICICI Prudential Bluechip Fund - Direct Plan
The fund has given SIP annual returns of 25.79 per cent in the five-year period.
The fund's asset base is worth Rs 55,459 crore, while its NAV size is Rs 114.9900.
Benchmarked against NIFTY 100 TRI, the fund has given a 17.11 per cent annual return since its inception in January 2013.
The fund has an expense ratio of 0.90 per cent and the minimum lump sum and SIP investment are Rs 500 each.
The fund's 93.89 per cent investments are in equity with 81.71 per cent in large caps.
The fund of 67 stocks has ICICI Bank, RIL, Larsen & Toubro, HDFC Bank, and Maruti Suzuki as its main stocks.
A Rs 10,000 monthly SIP in the fund has turned into Rs 11,33,882.
A Rs 20,000 monthly SIP has given a total of Rs 22,67,764.
Baroda BNP Paribas Large Cap Fund - Direct Plan
The fund has given a 25.28 per cent annual return in the five years.
Its unit price is Rs 253.3410, while the fund has an asset base of Rs 1,966 crore.
Benchmarked against NIFTY 100 TRI, the fund has given a 17.41 per cent return since its launch in January 2013.
The fund that has an expense ratio of 0.89 per cent has a minimum lump investment of Rs 5,000 and a minimum SIP investment of Rs 500.
The fund's 97.98 per cent investments are in equities with 66.32 per cent in large caps.
The fund has 53 stocks in its portfolio with ICICI Bank, HDFC Bank, RIL, L&T, TCS, and ITC as its main stocks.
A Rs 10,000 monthly SIP in the fund has given a total of Rs 11,20,298 in the five-year period.
A Rs 20,000 monthly SIP in the fund has turned into Rs 22,40,596 in the same time frame.
Invesco India Largecap Fund - Direct Plan - Growth
The fund has given 24.86 annualised SIP returns in the five years.
The fund holds an asset base of Rs 1,052.67 crore, while its per unit price is Rs 79.42.
Benchmarked against Nifty 100 TRI, the fund has an expense ratio of 0.76 per cent.
It holds 98.82 per cent of its investments in equity with 57.57 per cent of them in large-cap stocks.
In its 50-stock portfolio, the fund's main stocks are ICICI Bank, HDFC Bank, RIL, TCS, and Britannia.
The fund has given 16.93 per cent annual returns since its inception in January 2013.
The minimum lump sum investment in the fund is Rs 1,000, while the minimum SIP investment in it is Rs 100.
A Rs 10,000 monthly SIP in the fund has given Rs 11,09,056 in present times.
On the other hand, a Rs 20,000 monthly SIP in the fund ahs made investors richer by Rs 22,18,112 in the same period.
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