Best Mutual Funds: It is important to know that the past returns of a mutual fund scheme do not guarantee its future returns. Before investing in any fund, read the offer documents carefully and talk to a SEBI-registered investment advisor before taking a decision.
Best Mutual Funds: The number of investors investing in mutual funds has increased rapidly in recent times. Easy investment in mutual funds through SIP and higher returns than FD are attracting investors towards MF. Let us tell you that mutual fund investors compare the returns given by different schemes before investing. Generally, retail investors compare the returns given by schemes of the same category before choosing one mutual fund scheme over another. However, investing just by looking at the returns is not the right decision. Financial advisors say that it is also important to pay attention to the performance of the fund, fund manager, sector etc.
Low risk in large cap funds
Today we are comparing large cap funds that have given good returns in the last 5 years. These funds invest at least 80 percent of their AUM in large-cap stocks. Large-cap stocks are those of companies whose market capitalization is among the top 100 companies. Therefore, there is less risk on investing in these companies. When the market falls, their stocks fall less. On the other hand, the stocks of mid and small cap companies fall rapidly.
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Large Cap Funds 5-year average return (%)
- Aditya Birla Sun Life Frontline Equity Fund: 20.27
- Bandhan Large Cap Fund: 20.50
- Baroda BNP Paribas Large Cap Fund: 21.22
- Canara Robeco Bluechip Equity Fund: 21.10
- Edelweiss Large Cap Fund: 20.32
- HDFC Top 100 Fund: 20.70
- ICICI Prudential Bluechip Fund: 22.33
- Invesco India Largecap Fund: 20.78
- JM Large Cap Fund: 20.74
- Kotak Bluechip Fund: 20.89
- Nippon India Large Cap Fund: 23.41
(Source: AMFI; Regular returns till August 22, 2024)
Do consult a financial expert
As can be seen in the table above, Nippon India Large Cap Fund gave the highest return of 23.41 per cent, followed by ICICI Prudential Bluechip Fund (22.33 per cent). Other large-cap mutual fund schemes that gave returns of more than 20 per cent include Aditya Birla Sun Life Frontline Equity Fund, Bandhan Large Cap Fund, Canara Robeco Bluechip Equity Fund and Baroda BNP Paribas Large Cap Fund. However, it is important to know that past returns of a mutual fund scheme do not guarantee its future returns. Before investing in any fund, read the offer documents carefully and talk to a SEBI-registered investment advisor before taking a decision.
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