Top large cap mutual funds with highest SIP returns: Rs 12,500 monthly SIP in No. 1 fund has given Rs 46.44 lakh in 10 years
Top 5 SIP large cap mutual funds in 10 years: As per Association of Mutual Funds in India (AMFI), large-cap companies comprise India's top 100 firms in terms of market capitalisation (m-cap). Thus, large-cap mutual funds are those that have at least 80 per cent investment in large-cap companies. These firms are fundamentally stronger and more financially stable than their mid and small cap counterparts. They are known to give steady returns and can withstand market fluctuations better than mid and small cap companies. The large cap mutual fund category has grown by 39.65 per cent in 1 year, 18.75 per cent in 3 years, 19.67 per cent in 5 years, and 13.63 per cent in 10 years, as per Value Research data. If we talk about annualised SIP returns (XIRR), as many as 7 large cap mutual funds have given more than 18 per cent returns in 10 years. Here, we discuss 5 of them.
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Quant Focused Fund - Direct Plan
The fund at No. 1 position has given 21.41 per cent annualised SIP returns in 10 years. Its assets under management (AUM) is Rs 1,059 crore, while its net asset value (NAV) is Rs 102.6369. Benchmarked against NIFTY 500 TRI, the fund has had 19.86 per cent returns since its inception in January 2013. At an expense ratio of 0.70 per cent, it has Rs 5,000 as its minimum lump sum investment and Rs 1,000 as the minimum SIP investment.
Quant Focused Fund - Direct Plan
The fund has 97.12 per cent of its investments in equity. In a small portfolio of 19 stocks, the fund has RIL, HDFC Bank, United Spirits, Tata Power, and Jio Financial Services as its main holdings.
A Rs 12,500 monthly SIP in the fund, or Rs 1.50 lakh investment in a year or Rs 15 lakh in 10 years, has given a total of Rs 46,43,354 in 10 years.
Nippon India Large Cap Fund - Direct Plan
The large cap fund has given 19.53 per cent annualised SIP returns in 10 years. It has AUM of Rs 29,534 crore, while its NAV is Rs 98.3992. Benchmarked against BSE 100 TRI, the fund has given 17.83 per annualised return 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 investment is in equity. In a portfolio of 62 stocks, the fund has HDFC Bank, Reliance Industries Limited, ITC, ICICI Bank, SBI, and Axis Bank as its main stocks.
A Rs 12,500 monthly SIP in the fund, or Rs 1.50 lakh investment in a year or Rs 15 lakh in 10 years, has given a total of Rs 41,95,041 in the 10-year time frame.
Nippon India ETF Nifty Next 50 Junior BeES
The fund has given 18.85 per cent annulised SIP returns in the 10-year period. It has AUM of Rs 5,003 crore, while its NAV is Rs 780.7997. Benchmarked against NIFTY Next 50 TRI, the fund has given 20.20 per cent annualised returns since its inception in February 2003. At an expense ratio of 0.17 per cent, the index fund has Rs 10,000 as the minimum lump sum investment.
Nippon India ETF Nifty Next 50 Junior BeES
It has 99.83 per cent of its investments in equity. In a portfolio of 50 stocks, it has Trent, BEL, HAL, Tata Power, and PFC as its main investments.
A Rs 12,500 monthly SIP in the fund has given a total of Rs 40,43,498 in 10 years.
ICICI Prudential Nifty Next 50 Index Fund - Direct Plan
The fund has given 18.6 per cent annualised return in 10 years. The fund has AUM of Rs 5,845 crore, while its NAV size is Rs 67.7600. Benchmarked against NIFTY Next 50 TRI, the fund has given 16.96 per cent return since its inception in January 2013. At an expense ratio of 0.30 per cent, the fund has a minimum lump sum and SIP investment of Rs 100.
ICICI Prudential Nifty Next 50 Index Fund - Direct Plan
It has 99.61 per of its investments in equity. In its portfolio of 50 stocks, the fund has Trent, BEL, HAL, and Tata Power as its main holdings.
A Rs 12,500 monthly SIP in the fund has given Rs 39,89,315 in 10 years.
ICICI Prudential Bluechip Fund - Direct Plan
The fund has given 18.57 per cent annualised SIP returns in the 10-year period. The fund has AUM of Rs 59,364 crore, while its NAV price is Rs 117.1900. Benchmarked against NIFTY 100 TRI, the fund has given 17.18 per cent return since its inception in January 2013. At an expense ratio of 0.88 per cent, the fund has Rs 100 as the minimum lump sum and SIP investment.
ICICI Prudential Bluechip Fund - Direct Plan
The fund has 92.16 per cent of its investment in equity and 7.66 per cent in cash and cash equivalents. In a portfolio of 65 stocks, the fund has ICICI Bank, RIL, Larsen & Toubro, and HDFC Bank as its main holdings.
A Rs 12,500 monthly SIP in the fund has given Rs 39,83,843 in 10 years.