Top 7 Large and Mid Cap Mutual Funds With Highest SIP Returns in 1 Year: Rs 25,000 monthly SIP in No. 1 fund has jumped to Rs 4.11 lakh; know how others have fared
Top 7 large and mid cap mutual funds with highest SIP returns in 1 year: As per Securities Exchange Board of India (Sebi), large and mid cap mutual funds need to have at least 35 per cent investments in large cap stocks and the similar proportion in mid cap stocks. The large and mid cap category has given 47.66 per cent annualised returns in 1 year, 20.61 per cent in 3 years, 23.74 per cent in 5 years, and 16.59 per cent in 10 years, as per Value Research data.
Top 7 Large and Mid Cap Mutual Funds With Highest SIP Returns in 1 Year: Investors invest in large cap mutual funds for stability and in mid caps for stability and high returns. Mid cap mutual funds are riskier than large caps given their exposure to companies with low market capitalisation. But the other advantage of mid cap mutual funds is that they have companies with high growth potential, and hence, these funds may provide higher returns than mid cap mutual funds in the long run. Large and mid cap mutual funds have a mix of both- large and midcap stocks. As per Securities Exchange Board of India (Sebi), large and mid cap mutual funds need to have at least 35 per cent investment in large cap stocks and a similar proportion in mid cap stocks. The large and mid cap category has given 47.66 per cent annualised returns in 1 year, 20.61 per cent in 3 years, 23.74 per cent in 5 years, and 16.59 per cent in 10 years, as per Value Research data. In this write-up, we will take you through the top 7 large and mid cap SIP mutual funds in 1 year and what Rs 25,000 monthly SIP in each fund has given.
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Motilal Oswal Large and Midcap Fund Direct - Growth
The fund at the top has given 74.55 per cent annualised SIP returns (XIRR) in 1 year.
It has assets under management (AUM) of Rs 5,811 crore, while its net asset value (NAV) is Rs 36.98.
Benchmarked against Nifty Large Midcap 250 TRI, the fund has given 29.76 per cent annualised returns (CAGR) since its inception in September 2019.
Motilal Oswal Large and Midcap Fund Direct - Growth
With an expense ratio of 0.54 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has jumped to Rs 4.11 lakh in the 1-year period.
Invesco India Large & Mid Cap Fund Direct-Growth
The fund has given 70.96 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 6,205 crore, while its NAV is Rs 116.64.
Benchmarked against Nifty Large Midcap 250 TRI, the fund has given 19.92 per cent annualised returns since its launch in March 2015.
Invesco India Large & Mid Cap Fund Direct-Growth
At an expense ratio of 0.64 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has converted into Rs 4.06 lakh in 1 year.
Bandhan Core Equity Fund Direct-Growth
The fund has given 61.88 per cent annualised SIP returns in the 1-year period.
It has an asset base of Rs 6,553 crore, while its unit price is Rs 160.78.
Benchmarked against Nifty Large Midcap 250 TRI, the fund has given 18.04 per cent annualised returns since its debut in January 2013.
Bandhan Core Equity Fund Direct-Growth
With an expense ratio of 0.65 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has grown to Rs 3.93 lakh in the 1-year frame.
UTI Large & Mid Cap Fund Direct-Growth
The fund has given 59.44 per cent annualised SIP returns in 1 year.
Its AUM is Rs 3,931 crore, while its NAV is Rs 198.82.
Benchmarked against Nifty Large Midcap 250 TRI, the fund has given 16.95 per cent annualised returns since its inception in January 2013.
UTI Large & Mid Cap Fund Direct-Growth
At an expense ratio of 1.15 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has jumped to Rs 3.89 lakh in the 1-year period.
HSBC Large and Mid Cap Fund Direct - Growth
The fund has given 59.09 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 3,639 crore, while its NAV is Rs 30.72.
Benchmarked against Nifty Large Midcap 250 TRI, the fund has given 22.74 per cent annualised returns since its beginning in March 2019.
HSBC Large and Mid Cap Fund Direct - Growth
With an expense ratio of 22.74 per cent, the fund has Rs 1,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has swelled to Rs 3.89 lakh in 1 year.
Baroda BNP Paribas Large & Mid Cap Fund Direct - Growth
The fund has given 55.67 per cent annualised SIP returns in the 1-year period.
It has an asset base of Rs 1,443 crore, while its unit price is Rs 30.76.
Benchmarked against Nifty Large Midcap 250 TRI, the fund has given 32 per cent annualised returns since its debut in August 2020.
Baroda BNP Paribas Large & Mid Cap Fund Direct - Growth
With an expense ratio of 0.83 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has converted into Rs 3.84 lakh in the 1-year time frame.
DSP Equity Opportunities Direct Plan-Growth
The fund has given 55.54 per cent annualised SIP returns in 1 year.
It has an asset base of Rs 14,246 crore, while its NAV is Rs 712.38.
Benchmarked against Nifty Large Midcap 250 TRI, the fund has given 19 per cent annualised returns since its inception in January 2013.
DSP Equity Opportunities Direct Plan-Growth
With an expense ratio of 0.67 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has zoomed to Rs 3.84 lakh in the 1-year period.