5 large-cap mutual funds with up to 53% returns in 1 year
Large-cap mutual funds are considered more stable than mid- and small-cap funds since they invest their money primarily in large-cap companies. Since their main investments are in large caps, which are financially stable, the returns at times are not as high as in mid- or small caps. Despite that, many of the large-cap mutual funds have not only beaten their respective benchmarks comprehensively, but they have also given high returns in the one year. Here's a list of 5 large-cap mutual funds with up to 52.38% returns in the one year (As per Association of Mutual Funds in India data).
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Quant Large Cap Fund
The fund tops the list with returns as high as 52.38% in the 1 year. The fund has assets under management of Rs 1,019.52 crore, while its net asset value (NAV) under its direct plan is Rs 14.9453. It has beaten its benchmark, NIFTY 100 Total Return Index , which has given a return of 29.86% at the same time.