Top 3 Performing Funds in 2018: Large Cap

2018 was one of the most volatile years in recent time for investors. Despite having faced an unpredictable year, the following large-cap funds have performed better than its benchmark in 2018.

Fund1 Year ReturnAlpha (Fund Return - Benchmark Return)
Axis Bluechip Fund5.95%3.85%
Canara Robeco Bluechip Equity Fund2.85%3.25%
HDFC Top 100 Fund-0.98%1.42%

Axis Bluechip Fund

Axis Bluechip Fund gave 5.59% return in one year while its benchmark gave only 2.1% return. 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 13.24% and 5-year returns of 14.81%, these are 2 percentage points 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 ₹4.08 lakhs now.

Canara Robeco Bluechip Equity Fund

Canara Robeco Bluechip Equity Fund gave a return of 2.85% in one year. It has managed to beat its benchmark which gave a negative return of 0.40%. The fund focuses on investing in any of the top 100 companies based on market capitalization. Its 3-year annualized returns are 12.36% and 5-year returns are 13.61% these are 0.5-1 percentage points higher than the benchmark returns and 4 percentage points more than the category returns. A SIP worth ₹5,000 in this fund started 5 years ago is worth ₹3.92 lakhs now.

HDFC Top 100 Fund

HDFC Top 100 Fund gave a negative return of 0.98% last year but it managed to perform a little better than its benchmark which gave a negative return of 2.4%. 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 19.85% 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 14.6% and 5-year returns of 15.4%, these are 2-3 percentage points higher than the benchmark returns and 0.4-4 percentage points more than the category returns. A SIP worth ₹5,000 in this fund started 5 years ago is worth ₹3.99 lakhs now.

These large-cap funds, despite bad market conditions, have performed well in 2018.

0 Shares:
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like
Read More

एचडीएफसी प्रूडेंस फंड को एचडीएफसी बैलेंस्ड एडवांटेज फंड में परिवर्तित कर दिया गया है

भारत की सबसे बड़ी और प्रचलित म्युचुअल फंड योजना,एचडीएफसी प्रूडेंस फंड विलय करने के लिए तैयार है और…