Best Large Cap Mutual Funds to Invest in 2019

Upwardly presents to you the Top 10 large cap mutual funds for 2019

RankFund NameReturns (5 YRS)Growth of ₹1 lakh in 5 years*Invest
1Reliance Large Cap Fund17.24%₹2.21 lakhsInvest
2ICICI Prudential Bluechip Fund14.73%₹1.99 lakhsInvest
3Axis Bluechip Fund14.85%₹2.00 lakhsInvest
4HDFC Top 100 Fund15.11%₹2.02 lakhsInvest
5SBI Bluechip Fund15.67%₹2.07 lakhsInvest
6Aditya Birla Sun Life Frontline Equity Fund 14.34%₹1.95 lakhsInvest
7UTI Mastershare Unit 13.48%₹1.88 lakhsInvest
8Kotak Bluechip Fund13.98%₹1.92 lakhsInvest
9BNP Paribas large Cap Fund14.14%₹1.94 lakhsInvest
10Franklin India Bluechip Fund12.64%₹1.81 lakhsInvest
*Comparing returns for ₹ 1,00,000 invested 5 years back

We at the Upwardly Research Team have done the hard work on your behalf and prepared the list of top large cap mutual funds for 2019.

Reliance Large Cap Fund

This is one of the best large cap mutual fund. A large cap fund predominantly investing in stocks of top 100 companies by full market capitalization. With 3-year annualized returns of 17.19% and 5-year returns of 17.24%, these are 3-4 percentage points higher than the benchmark returns and 2-4 percentage points more than the category returns. A SIP worth ₹5,000 in this fund started 5 years ago is worth ₹4.20 lakhs now. Mr. Shailesh Raj Bhan is the fund manager.

ICICI Prudential Bluechip Fund

This fund has beaten both category and benchmark in five of the seven years since launch. A well-timed start in the downbeat market of May 2008 helped the fund deliver blockbuster performance in its first year itself. It usually parks 90 percent plus of its assets in large caps, with 5–10 percent to mid-caps. With 3-year annualized returns of 15.69% and 5-year returns of 14.73%, these are 1-2 percentage points ahead of its category returns. A SIP worth ₹5,000 in this fund started 5 years ago is worth ₹4.03 lakh now. Mr. Anish Tawakley and Mr. Rajat Chandak are the fund managers.

Axis Bluechip Fund

This fund has managed to beat its benchmark and category in each of the last five years. Based on the ability to grow earnings on a sustainable basis, the fund selects its stocks. It invests 80-100% in large-cap companies and the remaining 0-20% in other companies. With 3-year annualized returns of 15.91% and 5-year returns of 14.85%, these are 1-3 percentage points higher than the benchmark returns and 1 percentage point more than the category returns. A SIP worth ₹5,000 in this fund started 5 years ago is worth ₹4.14 lakhs now. Mr. Shreyash Devalkar is the fund manager.

HDFC Top 100 Fund

HDFC Top 100 Fund is one of the oldest funds in the Indian market. The fund survived the market ups and downs for 22 years and has given a 20.07% return (annualized) since inception. It seeks to invest in higher quality, competitive, sustainable businesses by primarily restricting to the S&P BSE 100 Index scrips. With 3-year annualized returns of 17.78% and 5-year returns of 15.10%, these are 1 percentage point higher than the benchmark returns and 1-2 percentage points more than the category returns. A SIP worth ₹5,000 in this fund started 5 years ago is worth ₹4.10 lakhs now.

SBI Bluechip Fund

This fund has managed to beat its benchmark and category in each of the last five years. It invests in the top 100 companies in terms of market capitalization, with the flexibility to invest up to 20% in mid-cap stocks. With 3-year annualized returns of 12.31% and 5-year returns of 15.67%. The 5-year returns are 3 percentage points higher than the benchmark returns and 2 percentage points more than the category returns. A SIP worth ₹5,000 in this fund started 5 years ago is worth ₹3.90 lakh now. Ms. Sohini Andani is the fund manager.

What are Large Cap Mutual Funds?

Large cap mutual funds are a type of equity where funds are invested in a large portion with companies of large market capitalization. These are essentially large companies with large businesses and big teams. Large-cap mutual funds invest in those firms that have more possibility of showing year on year steady growth and high profits, which in turns also offers stability over time. Investors who are looking for a long-term capital appreciation can find large-cap funds to be the ideal option for investment. Since blue-chip companies are financially strong these funds tend to give stable returns over other equity funds.

Start your SIP in the best large cap mutual funds at www.Upwardly.in

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