Large-cap mutual funds are where fund managers have to invest at least 80 per cent of the amount in large-cap category stocks, as per AMFI classification.
These funds are considered more stable than mid- and small-cap mutual funds.
Over the last five years, this category has delivered an annualised return of 21 per cent.
Here are the top 5 MFs that have outperformed and, wooed investors with the highest returns during this period:
> Returns: 21.03% annualized returns in 5 years
> AUM: Rs 61,436.21 crore
> NAV: Rs 116.5200
> Returns: 21.11% annualized returns in 5 years
> AUM: Rs 294.88 crore
> NAV: Rs 185.9734
> Returns: 21.11% annualized returns in 5 years
> AUM: Rs 14,333.14 crore
> NAV: Rs 69.4200
> Returns: 21.37% annualized returns in 5 years
> AUM: Rs 30,777.81 crore
> NAV: Rs 97.7671
> Returns: 21.45% annualized returns in 5 years
> AUM: Rs 2,239.47 crore
> NAV: Rs 97.7671