7 large-cap mutual funds that have beaten their benchmarks in 3 years
Large-cap mutual funds invest most of their money in large-cap companies. Since most of their investment is in large-cap firms, these mutual funds are considered more stable than mid- and small-cap funds. They are known to give steady returns. However, many of them have beaten their benchmarks in the last three years.
Here's is the list of large-cap mutual funds that have beaten their respective benchmarks in the last three years (As per Association of Mutual Funds in India data as on April 22, 2024).
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Nippon India Large Cap Fund
The fund's direct plan has given returns of 27.35% in the three-year period. It has comprehensively beaten its benchmark of S&P BSE 100 Total Return Index, which has risen 18.81% in the same period. The net asset value (NAV) for the fund is Rs 87.5655.
HDFC Top 100 Fund
The large-cap in the second place has risen 23.20% in the three-year period. Its benchmark, NIFTY 100 Total Return Index, meanwhile jumped 18.07% in the same period. Its NAV size is Rs 1,106.2590.
ICICI Prudential Bluechip Fund
The fund from ICICI has risen 22.38% in the three years. The fund is benchmarked against NIFTY 100 Total Return Index. The NAV of the fund is priced at Rs 104.7800.
JM Large Cap Fund
One of the top performers in the category has given 22.29% return. It is benchmarked against S&P BSE 100 Total Return Index. One unit of the fund is priced at Rs 163.1336.
Invesco India Largecap Fund
The Invesco fund has grown 21.59% in the three years. The fund's benchmark is NIFTY 100 Total Return Index. The NAV cost is Rs 70.4700.
Baroda BNP Paribas Large Cap Fund
The fund has given a return of 21.44%. It has its benchmark as NIFTY 100 Total Return Index. The fund has its NAV at Rs 226.8934.
Edelweiss Large Cap Fund
The fund at No. 7 position has given returns of 20.58%. It is also benchmarked against NIFTY 100 Total Return Index. The NAV size for the fund is Rs 84.8800.