Top large cap vs ELSS vs index SIP mutual funds in 3 years: Do you know which of them has turned Rs 10,000 monthly SIP into Rs 15.70 lakh?
Top large cap vs ELSS vs Index Mutual Fund in terms of SIP returns: When we talk about top large cap, Equity Linked Saving Scheme (ELSS), and Nifty index mutual funds, they all are large-cap stock heavy. Proportions of large-cap stocks in them may differ as per the instructions given by Association of Mutual Funds in India (AMFI), but in many cases, the main stocks in many of such funds' portfolios are the same. In terms of annualised lump and SIP performance, many of them have delivered nearly similar performances in the last 5 years. If we talk about their performance on the basis of annualised SIP returns (XIRR), Nippon India Large Cap Fund - Direct Plan has been the best large cap fund, Quant ELSS Tax Saver Fund - Direct Plan is the top performer ELSS fund, and Sundaram Nifty 100 Equal Weight Fund - Direct Plan has been the No. 1 index fund in the five-year period. Here we take you through their performance and what Rs 3,000, Rs 5,000, and Rs 10,000 SIPs in each fund have given in the five-year period.
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Nippon India Large Cap Fund - Direct Plan
The fund has given 28.81 per cent annualised SIP returns in five years. The fund has an asset base of Rs 29,534 crore, while its net asset value (NAV) is Rs 96.7323. Benchmarked against BSE 100 TRI, the fund has given 17.69 per cent CAGR since its inception in January 2013. At an expense ratio of 0.74 per cent, the fund has Rs 100 as the minimum lump sum and SIP investment.
Nippon India Large Cap Fund - Direct Plan
The fund's 98.61 per cent investments are in equity and 1.39 per cent in cash and cash equivalents. The fund has its main investments in financial, energy and utilities, consumer and discretionary, and technology sectors. In its portfolio of 62 stocks, the top holdings are HDFC Bank, Reliance Industries, ITC, ICICI Bank, and SBI.
Nippon India Large Cap Fund - Direct Plan
A Rs 3,000 monthly SIP in the fund has given a total of Rs 3,65,584 in five years.
A Rs 5,000 monthly SIP in the fund has turned into Rs 6,09,307 in five years.
A Rs 10,000 monthly SIP in the fund has grown to Rs 12,18,614.
Quant ELSS Tax Saver Fund - Direct Plan
The ELSS category is also known as the tax saver category as deposits up to Rs 1.50 lakh in the fund are tax-exempted under Section 80C of the Income Tax Act, 1961. The fund from the Quant Mutual Fund house has given 39.66 per cent annualised SIP returns in five years. The fund has assets under management (AUM) of Rs 10,528 crore, while its NAV price is Rs 445.5890.
Quant ELSS Tax Saver Fund - Direct Plan
Benchmarked against NIFTY 500 TRI, the fund has given 23.43 per cent CAGR since its inception in January 2013. The fund with an expense ratio of 0.77 per cent has a minimum lump sum and SIP investment of Rs 500 each. The fund's 96.6 per cent investments are in equity and 3.4 per cent in cash and cash equivalents.
Quant ELSS Tax Saver Fund - Direct Plan
In its portfolio of 45 stocks, the fund has HDFC Bank, RIL, Adani Power, and Jio Financial as its main investments. Its main investments are in the financial, energy and utilities, materials, and consumer staples sectors.
Quant ELSS Tax Saver Fund - Direct Plan
A Rs 3,000 monthly SIP started five years ago has now turned into Rs 4,70,790.
A Rs 5,000 monthly SIP in the fund has given Rs 7,84,650.
A Rs 10,000 monthly SIP in the fund has grown to Rs 15,69,299.
Sundaram Nifty 100 Equal Weight Fund - Direct Plan
The fund has given 26.72 per cent annualised SIP returns in five years. The fund has an asset base of Rs 86 crore, while its NAV is Rs 185.5205. Benchmarked against NIFTY 100 Equal Weighted TRI, the fund has given 13.87 per cent CAGR since its launch in January 2013. At an expense ratio of 0.57 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment.
Sundaram Nifty 100 Equal Weight Fund - Direct Plan
The fund has 96.34 per cent of its investments in equity and 3.66 per cent in cash and cash equivalent. In its large pool of 101 stocks, the fund has Vedanta, Hindustan Aero, Samvardhana Motherson International, BEL, and Siemens as its main stocks. The fund has its main investments in financial, materials, consumer discretionary, consumer staples, and energy sectors.
Sundaram Nifty 100 Equal Weight Fund - Direct Plan
A Rs 3,000 monthly SIP started five years ago in the fund is now worth Rs 3,47,826.
A Rs 5,000 monthly SIP in the fund has turned into Rs 5,79,711.
A Rs 10,000 monthly SIP in the fund has given Rs 11,59,421.