Top 7 Large Cap Mutual Funds With Highest SIP Returns in 1 Year: Rs 25,000 monthly SIP in No. 1 scheme has jumped to Rs 3,44,000; know about others
Top 7 Large Cap Mutual Funds With Highest SIP Returns in 1 Year: Large cap mutual funds invest in the top 100 companies in India. These companies are fundamentally strong and can withstand market fluctuations better than mid and small cap mutual funds.
Top 7 Large Cap Mutual Funds With Highest SIP Returns in 1 Year: 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. It makes these mutual funds consistent performers. The reason is the top 100 companies in India are fundamentally strong. They have large businesses, and some of them have monopoly businesses in their own right. Investments in such companies provide a large cap mutual fund some consistency. Large cap mutual funds can perform poorly in the short term due to sharp market fluctuations, recessions, or an economic downturn, but in the long term, such as 5-7 years, these funds can give investors consistent returns. Today, we take you through the top large cap mutual funds with highest annualised SIP returns (XIRR) in 1 year. Also, know how Rs 25,000 monthly SIP in each of them has performed in that period.
Photos: Unsplash/Pixabay
DSP Top 100 Equity Direct Plan-Growth
The fund has given 28.61 per cent annualised SIP returns in the 1-year time frame.
It has assets under management (AUM) of Rs 4,613 crore, while its net asset value (NAV) is Rs 494.87.
Benchmarked against BSE 100 TRI, the fund given 13.24 per cent annualised returns since its inception in January 2013.
DSP Top 100 Equity Direct Plan-Growth
With an expense ratio of 1.08 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 3.44 lakh in 1 year.
WhiteOak Capital Large Cap Fund Direct - Growth
The large cap fund has given 26.26 per cent annualised SIP returns in 1 year.
It has AUM of Rs 640 crore, while its NAV is Rs 14.62.
Benchmarked against BSE 100 TRI, the fund given 22.43 per cent annualised returns since its launch in November 2022.
WhiteOak Capital Large Cap Fund Direct - Growth
At an expense ratio of 0.65 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 grown to Rs 3.4 lakh in 1-year period.
Invesco India Largecap Fund Direct-Growth
The fund has given 25.12 per cent annualised SIP returns in the 1-year period.
It has an asset base of Rs 640 crore, while its NAV is Rs 79.5.
Benchmarked against NIFTY 100 TRI, the fund given 16.45 per cent annualised returns since its debut in January 2013.
Invesco India Largecap Fund Direct-Growth
With an expense ratio of 0.72 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 3.39 lakh in the 1-year time frame.
Bandhan Large Cap Fund Direct-Growth
The fund has given 23.66 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 640 crore, while its unit price is Rs 84.7.
Benchmarked against NIFTY 100 TRI, the fund given 14.36 per cent annualised returns since its starting in January 2013.
Bandhan Large Cap Fund Direct-Growth
At an expense ratio of 0.72 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 swelled to Rs 3.37 lakh in 1 year.
Baroda BNP Paribas Large Cap Fund Direct-Growth
The fund has given 23.58 per cent annualised SIP returns in 1 year.
It has an asset base of Rs 2,440 crore, while its unit price is Rs 250.91.
Benchmarked against NIFTY 100 TRI, the fund given 16.8 per cent annualised returns since its beginning in January 2013.
Baroda BNP Paribas Large Cap Fund Direct-Growth
With an expense ratio of 0.82 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 3.36 lakh in the 1-year period.
Canara Robeco Bluechip Equity Fund Direct-Growth
The fund has given 23.21 per cent annualised SIP returns in the 1-year period.
It has AUM of Rs 15,312 crore, while its NAV is Rs 69.41.
Benchmarked against BSE 100 TRI, the fund given 15.91 per cent annualised returns since its inception in January 2013.
Canara Robeco Bluechip Equity Fund Direct-Growth
At an expense ratio of 0.47 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 grown to Rs 3.36 lakh in the 1-year time frame.
HSBC Large Cap Fund Direct-Growth
The fund has given 22.26 per cent annualised SIP returns in the 1-year time frame.
It has an asset base of Rs 2,039 crore, while its NAV is Rs 520.84.
Benchmarked against NIFTY 100 TRI, the fund given 14.23 per cent annualised returns since its launch in January 2013.
HSBC Large Cap Fund Direct-Growth
With an expense ratio of 1.18 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 is now worth Rs 3.34 lakh in 1 year.