Top 7 Large and Mid Cap Mutual Funds With Highest SIP Returns in 10 Years: No. 1 fund has converted Rs 12,500 monthly SIP investment into Rs 49.52 lakh; here's what others have done
Top 7 Large and Mid Cap Mutual Funds With Highest SIP Returns in 10 Years: Large and mid cap mutual funds need to have at least 35 per cent of their investments in large cap stocks and 35 per cent in mid cap stocks, as per the Sebi rule. The large and mid cap mutual fund category has given 40.67 per cent annualised returns (CAGR) in 1 year, 17.25 per cent in 3 years, 22.80 per cent in 5 years, and 16.17 per cent in 10 years, as per Value Research data.
Top 7 Large and Mid Cap Mutual Funds With Best SIP Returns in 10 Years: Large cap mutual funds need to have at least 80 per cent of their investments in large cap stocks, as per Securities Exchange Board of India's (Sebi) classification of mutual funds. On the other hand, the Sebi rule says that mid cap mutual funds need to have at least 65 per cent of their investments in mid cap stocks. So, when mutual fund investors need to pick either of the categories, they need to choose between the stability of large cap mutual funds and returns of mid caps. But what if they want to take the benefit of both categories in one mutual fund category? Such investors can invest in large and mid cap mutual funds.
Large and mid cap mutual funds need to have at least 35 per cent investment in large cap stocks and 35 per cent in mid cap stocks, as per the Sebi rule. The large and mid cap mutual fund category has given 40.67 per cent annualised returns (CAGR) in 1 year, 17.25 per cent in 3 years, 22.80 per cent in 5 years, and 16.17 per cent in 10 years. In this rule, know about the top 7 large and mid cap mutual funds in terms of highest SIP returns (XIRR) in the 10-year period, and what Rs 12,500 monthly SIP in each of them has turned into.
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Quant Large and Mid Cap Fund - Direct Plan
The top index fund has given 22.6 per cent annualised SIP returns in the 10-year time frame.
The mid cap fund has assets under management (AUM) of Rs 3,828 crore, while its net asset value (NAV) is Rs 135.6363.
Benchmarked against NIFTY Large Midcap 250 TRI, the fund given 20.87 per cent annualised returns (CAGR) since its debut in January 2013.
Quant Large and Mid Cap Fund - Direct Plan
At an expense ratio of 0.61 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 12,500 monthly SIP investment in the scheme in 10 years, or a total investment of Rs 15,00,000, has grown to Rs 49,51,588.
Bandhan Core Equity Fund - Direct Plan
The fund has given 21.52 per cent annualised SIP returns in the 10-year period.
It has AUM of Rs 6,982 crore, while its NAV is Rs 154.8880.
Benchmarked against NIFTY Large Midcap 250 TRI, the fund given 17.57 per cent annualised returns since its inception in January 2013.
Bandhan Core Equity Fund - Direct Plan
With an expense ratio of 0.62 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 12,500 monthly SIP investment in the scheme has jumped to Rs 46,70,431.
Invesco India Large & Mid Cap Fund - Direct Plan
The large and fund has given 21 per cent annualised SIP returns in 10 years.
Its AUM is Rs 6,493 crore, while its NAV is Rs 112.6700.
Benchmarked against NIFTY Large Midcap 250 TRI, the fund given 19.46 per cent annualised returns since its beginning in January 2013.
Invesco India Large & Mid Cap Fund - Direct Plan
At an expense ratio of 0.64 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 12,500 monthly SIP investment in the scheme has swelled to Rs 45,41,721.
Mirae Asset Large & Midcap Fund - Direct Plan
The fund has given 20.96 per cent annualised SIP returns in the 10-year time frame.
It has an asset base of Rs 40,670 crore, while its unit price is Rs 167.4610.
Benchmarked against NIFTY Large Midcap 250 TRI, the fund given 23.39 per cent annualised returns since its launch in January 2013.
Mirae Asset Large & Midcap Fund - Direct Plan
With an expense ratio of 0.59 per cent, the fund has Rs 99 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 12,500 monthly SIP investment in the scheme has grown to Rs 45,32,497.
ICICI Prudential Large & Mid Cap Fund - Direct Plan
The fund has given 20.67 per cent annualised SIP returns in the 10-year period.
It has AUM of Rs 17,464 crore, while its unit price is Rs 1,080.2100.
Benchmarked against NIFTY Large Midcap 250 TRI, the fund given 17.89 per cent annualised returns since its inception in January 2013.
ICICI Prudential Large & Mid Cap Fund - Direct Plan
At an expense ratio of 0.82 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 12,500 monthly SIP investment in the scheme has converted into to Rs 44,60,693.
Kotak Equity Opportunities Fund - Direct Plan
The fund has given 20.59 per cent annualised SIP returns in the 10 years.
It has an asset base of Rs 26,175 crore, while its unit price is Rs 391.6680.
Benchmarked against NIFTY Large Midcap 250 TRI, the fund given 18.83 per cent annualised returns since its debut in January 2013.
Kotak Equity Opportunities Fund - Direct Plan
With an expense ratio of 0.48 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 12,500 monthly SIP investment in the scheme has turned into to Rs 44,41,118.
Edelweiss Large & Mid Cap Fund - Direct Plan
The fund has given 20.3 per cent annualised SIP returns in the 10-year time frame.
It has an asset base of Rs 3,781 crore, while its NAV is Rs 102.4470.
Benchmarked against NIFTY Large Midcap 250 TRI, the fund given 18.10 per cent annualised returns since its beginning in January 2013.
Edelweiss Large & Mid Cap Fund - Direct Plan
At an expense ratio of 0.45 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 12,500 monthly SIP investment in the scheme has swelled to Rs 43,71,771.