Best Large Cap Mutual Funds - Consider the best performing Large Cap mutual funds to invest in 2024 with Scripbox.com. Find the list of best Large Cap mutual funds in India on the basis of Returns, Latest Nav, Ratings, Performance etc
Learn how Scripbox Recommends funds| Fund Name | 3Y Returns | AUM in Cr |
|---|---|---|
 | 18.3% | 63938 |
 | 22.2% | 35313 |
 | 14.7% | 50502 |
 | 15.4% | 29323 |
 | 18.5% | 36587 |
| 12.7% | 18412 |
 | 12.7% | 20083 |
 | 15.6% | 9498 |
| 12.7% | 11919 |
 | 15.2% | 2436 |
 | 16.6% | 1895 |
 | 16.3% | 97 |
Note : *NA implies that Fund is relatively new. Not enough data available
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Below are the best large cap mutual funds in india:
ICICI Prudential Bluechip Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 18.8%, a 3 Years return of 18.3% and a 5 Years return of 19.2%. The fund has an expense ratio of 0.9% and an AUM of ₹63938 crores as of 2024-12-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 90.00% to equities, 0.49% to debt and 9.51% to other assets.
Nippon India Large Cap Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 20.8%, a 3 Years return of 22.2% and a 5 Years return of 20.3%. The fund has an expense ratio of 0.7% and an AUM of ₹35313 crores as of 2024-12-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 98.27% to equities, 0.01% to debt and 1.72% to other assets.
SBI Bluechip Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 14.6%, a 3 Years return of 14.7% and a 5 Years return of 17.0%. The fund has an expense ratio of 0.8% and an AUM of ₹50502 crores as of 2024-12-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 97.05% to equities, 0.84% to debt and 2.12% to other assets.
Aditya Birla Sun Life Frontline Equity Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 17.6%, a 3 Years return of 15.4% and a 5 Years return of 17.3%. The fund has an expense ratio of 1.0% and an AUM of ₹29323 crores as of 2024-12-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 98.69% to equities, 0.58% to debt and 0.73% to other assets.
HDFC Top 100 Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 13.4%, a 3 Years return of 18.5% and a 5 Years return of 17.6%. The fund has an expense ratio of 1.0% and an AUM of ₹36587 crores as of 2024-12-29. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 96.32% to equities and 3.68% to other assets.
HDFC NIFTY 50 Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 10.9%, a 3 Years return of 12.7% and a 5 Years return of 15.1%. The fund has an expense ratio of 0.2% and an AUM of ₹18412 crores as of 2024-12-29. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.97% to equities and 0.03% to other assets.
UTI Nifty 50 Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 11.0%, a 3 Years return of 12.7% and a 5 Years return of 15.2%. The fund has an expense ratio of 0.2% and an AUM of ₹20083 crores as of 2024-12-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 100.07% to equities, 0.00% to debt and -0.07% to other assets.
Kotak Bluechip Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 18.9%, a 3 Years return of 15.6% and a 5 Years return of 18.1%. The fund has an expense ratio of 0.6% and an AUM of ₹9498 crores as of 2024-12-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 96.05% to equities, 0.86% to debt and 3.08% to other assets.
ICICI Prudential Nifty 50 Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 10.9%, a 3 Years return of 12.7% and a 5 Years return of 15.2%. The fund has an expense ratio of 0.2% and an AUM of ₹11919 crores as of 2024-12-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.97% to equities and 0.03% to other assets.
Tata Large Cap Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 15.2%, a 3 Years return of 15.2% and a 5 Years return of 16.8%. The fund has an expense ratio of 1.0% and an AUM of ₹2436 crores as of 2024-12-29. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 97.20% to equities and 2.80% to other assets.
Large cap mutual funds in India are equity funds that invest in companies with large market capitalization. These are usually the firms ranked between 1 and 100 by full market capitalization. These firms have a good track record with proper management, strong balance sheet, and sustainable business models. Best large cap mutual funds are actively managed and are suitable for long term financial goals. As they invest in the top 100 companies, these fare well during market fluctuations when compared to other equity funds like mid cap and small cap. Large cap mutual funds are suitable for an investor with moderately-high risk appetite and long investment horizon.
| Fund Name | 3 Year Returns | 5 Year Returns |
| ICICI Prudential Bluechip Fund Direct Plan Growth | 15.6% | 19.6% |
| Nippon India Large Cap Fund Direct Plan Growth | 18.3% | 20.7% |
| SBI Bluechip Fund Direct Plan Growth | 11.6% | 17.1% |
| Aditya Birla Sun Life Frontline Equity Fund Direct Plan Growth | 12.4% | 17.6% |
| HDFC Top 100 Fund Direct Plan Growth | 15.6% | 17.9% |
| HDFC Nifty 50 Index Fund Direct Plan Growth | 10.1% | 15.6% |
| UTI Nifty 50 Index Fund Direct Plan Growth | 10.2% | 15.6% |
| Kotak Bluechip Fund Direct Plan Growth | 12.5% | 18.3% |
| ICICI Prudential Nifty 50 Index Fund Direct Plan Growth | 10.1% | 15.6% |
| Tata Large Cap Fund Direct Plan Growth | 12.3% | 17% |
| Fund Name | 3 Year Returns | 5 Year Returns |
| ICICI Prudential Bluechip Fund Regular Plan Growth | 17.10% | 19.60% |
| Nippon India Large Cap Fund Regular Plan Growth | 19.80% | 19.90% |
| SBI Bluechip Fund Regular Plan Growth | 13.10% | 16.80% |
| Aditya Birla Sun Life Frontline Equity Fund Regular Plan Growth | 13.80% | 17.50% |
| Aditya Birla Sun Life Frontline Equity Fund Regular Plan Growth | 13.80% | 17.50% |
| HDFC Top 100 Fund Regular Plan Growth | 17.10% | 17.70% |
| HDFC Index Fund Nifty 50 Plan Regular Plan Growth | 11.80% | 16.00% |
| UTI Nifty 50 Index Fund Regular Plan Growth | 11.90% | 16.20% |
| Kotak Bluechip Fund Regular Plan Growth | 13.10% | 17.50% |
| ICICI Prudential Nifty 50 Index Fund Regular Plan Growth | 11.80% | 16.00% |
Large cap mutual funds showcase less volatility and risk as compared to small cap and mid cap funds and offer stable and higher returns. Long term investors seeking equity exposure can invest in the best large cap mutual funds over the mid cap and small cap. The stock in which large cap mutual funds invest has performed consistently during both market highs and lows. Returns from large cap funds are less volatile to market fluctuations. An investor who does not want their capital to fluctuate more than the market rate should invest in large cap mutual funds. Best large cap mutual funds in India follow the same strategy and invest in the top 100 companies by market capitalization. Therefore, investors with a good understanding of risk having long term investment horizon can invest in the best large cap mutual funds in India. While mutual fund investments are subject to market risks, investing in the best large cap mutual funds ensures stable and secured returns even during a market downfall.
Large cap funds, which invest in the top 100 companies based on market capitalization, are actively managed by fund managers. They are well-researched funds and aim at delivering high returns for investors who invest in equity through large cap funds. But an investor has to consider a few things before investing in a portfolio curated from the top 100 companies in the market.
The taxation for large cap funds is based on the holding period of the investment. In the short term, less than one year, the gains are taxed at 15% (plus 4% cess), and in the long term, the gains above INR 1,00,000 are taxed at 10% (plus 4% cess). Apart from this, large cap funds are also subject to securities transaction tax of 0.001% when an investor sells the units of the fund. For the dividend option, the dividend distribution tax has been removed effectively from April 1st, 2020. Now the dividend will be taxed in the hands of investors at their slab rate. For dividends over INR 5,000, a TDS of 10% will be levied by the fund houses.
Past performance of the fund also plays an important role which the investor should consider before investing. A fund performing well in the past might not guarantee the same returns in the future. But a fund which has performed consistently well in the past might also perform well in the future. Hence, consistency in past performance is essential.
The investor needs to identify financial goals and in how many years the goal has to be realized. For investing in large cap funds, the minimum investment horizon has to be three years. The longer the investor stays invested, the more stable the returns will be over some time.
The expense ratio for equity funds is capped at 2.5%. For large cap funds, the AUM is higher, and the expense ratio is lower. Investors have to check the fund’s expense ratio as it directly affects the fund’s returns. A lower rate is always better.
Fund houses charge an exit load of 1% if the investment is redeemed before 12 months. As an investor, one has to be sure their invested money is not needed on an urgent basis when investing in large cap funds.
Investments are fun when they earn good returns. This is only possible by choosing the right fund. The following qualitative parameters help in selecting the best large cap mutual fund:
Experience doesn’t ensure good returns. However, a fund manager who has been in the industry for long will have a better investment strategy when compared to a new entrant. Therefore, while choosing a large cap mutual fund, study the track record of the fund manager as well. This ensures that his investment strategies are functional and have the potential to earn higher returns.
Most equity funds charge 1% exit load when withdrawn within 12 months, and no exit load after 12 months. Since large cap mutual funds are for the long term, this wouldn’t have much of an impact. However, in case of emergencies, withdrawals within 12 months are possible. Therefore, be aware of the exit load charged by the fund before investing.
Identifying and defining goals is the very first step in the investment process. Goals need to be broken down based on duration, and appropriate funds need to be selected to achieve each goal. Equity funds are good for long term goals equity funds and are large cap funds for stable returns.
Buying a mutual fund means buying the stock portfolio of the fund. A stock portfolio is a deciding factor for returns. Therefore, it is wise to check the portfolio quality by analyzing the assets under management. For significant cap mutual funds, consider funds with relatively high AUM to earn stable returns.
This is the fee charged by the fund house for the maintenance of the fund. Invest in funds with a lower expense ratio as a higher expense ratio would lower the returns.
This is the fee charged by the fund house for the maintenance of the fund. Invest in funds with a lower expense ratio as a higher expense ratio would lower the returns.
The amount and style of investment can never be the same for all investors. Based on the financial goals and investment horizon, calculate how much amount needs to be invested. Therefore, for all long term investments, it is advised to have at least some portfolio exposure to large cap mutual funds.
Large cap mutual funds invest in companies that rank in the top 100 based on market capitalization. Mid cap funds invest in companies that rank from 100 to 250 based on market capitalization. Investing in mid cap funds is risky than investing in large cap mutual funds. Midcap mutual funds have higher growth potential than large cap mutual funds. Investors seeking long term inflation beating returns can invest in large cap mutual funds.
Large cap mutual funds fall under equity mutual funds. Investing in equity mutual funds can be riskier than investing in debt mutual funds. But within equity mutual funds, large cap mutual funds are considered to be least risky as they invest in well-established businesses. Mid cap and small cap mutual funds are riskier than large cap mutual funds.
Large cap funds offer high and stable returns over the long term when compared to other equity funds. Having exposure to a large cap is beneficial as they provide stability to the portfolio. A perilous portfolio requires some balance, and this can be achieved by investing in large cap mutual funds. Investors seeking equity exposure but do not have a very high-risk appetite can invest in large cap mutual funds.