Investing in large and midcap funds can be strategic for those seeking balanced growth and relatively lower risk. Here are the top 5 large and midcap funds that have delivered impressive returns of up to 27% over the past 5 years.
Rank 1: Canara Robeco Large Cap+ Fund
– 5-year return: 27.14%
– 3-year return: 19.45%
– 1-year return: 14.15%
– Assets Under Management (AUM): ₹2,654 crore
– Expense Ratio: 1.93%
This fund invests 65% in large-cap stocks and 35% in mid-cap stocks, focusing on growth-oriented sectors.
Rank 2: Mirae Asset India Large Cap Fund
– 5-year return: 25.87%
– 3-year return: 18.39%
– 1-year return: 13.39%
– AUM: ₹14,444 crore
– Expense Ratio: 1.86%
The fund follows a research-driven approach, investing in large-cap stocks with strong growth potential.
Rank 3: Kotak Equity Opportunities Fund
– 5-year return: 24.83%
– 3-year return: 17.45%
– 1-year return: 12.63%
– AUM: ₹2,444 crore
– Expense Ratio: 1.96%
This fund allocates 60% to large-cap stocks and 40% to mid-cap stocks, focusing on sectors with high growth prospects.
Rank 4: DSP BlackRock Equity Opportunities Fund
– 5-year return: 24.44%
– 3-year return: 16.91%
– 1-year return: 11.94%
– AUM: ₹4,444 crore
– Expense Ratio: 2.04%
The fund takes a bottom-up approach, investing in stocks with strong fundamentals and growth potential.
Rank 5: Invesco India Largecap Fund
– 5-year return: 23.95%
– 3-year return: 16.29%
– 1-year return: 11.49%
– AUM: ₹1,434 crore
– Expense Ratio: 2.03%
This fund focuses on large-cap stocks with a strong track record, diversifying across sectors.
Key Takeaways:
1. Large and midcap funds offer a balanced portfolio suitable for investors seeking growth with relatively lower risk.
2. Consistency is key: these top-performing funds have demonstrated steady returns over 1, 3, and 5 years.
3. Expense ratios vary: consider funds with lower expense ratios to maximize returns.
4. Diversification is essential: invest across sectors and market capitalization.
Disclaimer: Investments in mutual funds are subject to market risks. Please consult a financial advisor before investing.
