Investors sentiment is strong regarding investment in mutual funds. Equity mutual funds received an investment of ₹22,633 crore. Amidst the sell-off in small and midcap in the last few months, investors are once again looking bullish on large cap funds. In 2024, investors are investing more than 2128 crores in these large cap funds.
Experts believe that large cap funds have more stability. Market volatility has less effect on them. Talking about the top 5 large cap funds in the last one year, investors have got strong returns up to 55 percent in them. Let’s know how much investors benefited from 15,000 monthly SIP in these funds. In this article, we will take look at the top performing large cap funds.
Table of Contents
Top Performing Large Cap Funds
1- Quant Large Cap Fund
The SIP return of Quant Large Cap Fund has been 58.31 percent in the last one year. In this, a fund of ₹2.33 lakh was created in a year from 15,000 monthly SIP. While the total investment was ₹1.80 lakh. In this scheme, you can do SIP with a minimum of ₹1,000.
2- Bank of India Bluechip Fund
The SIP return of Bank of Baroda Bluechip Fund in the last one year has been 45.31 percent. In this, a fund of ₹2.21 lakh was created in a year from 15,000 monthly SIP. While the total investment was ₹1.80 lakh. In this scheme, you can do SIP with a minimum of ₹1,000.
3- JM Large Cap Fund
The SIP return of JM Large Cap Fund in the last one year has been 42.3 percent. In this, a fund of ₹2.19 lakh was created in a year from 15,000 monthly SIP. While the total investment was ₹1.80 lakh. In this scheme, you can do SIP with a minimum of ₹100.
4- Nippon India Large Cap Fund
The SIP return of Nippon India Large Cap Fund in the last one year has been 38.4 percent. In this, a fund of ₹2.14 lakh was created in a year from a monthly SIP of ₹15,000. While the total investment was ₹1.80 lakh. In this scheme, you can do SIP with a minimum of ₹100.
5- ITI Large Cap Fund
The SIP return of ITI Large Cap Fund in the last one year has been 40.62 percent. In this, a fund of ₹2.17 lakh was created in a year from a monthly SIP of ₹15,000. While the total investment was ₹1.80 lakh. In this scheme, you can do SIP with a minimum of ₹500.
According to market expert Ajit Goswami, there is stability in the large cap category. The fundamentals of the companies are very strong, due to which investors get the benefit of diversification. Large cap funds contain blue-chip shares. They have the potential to earn income from dividends. Volatility is low. Liquidity and other track records are strong. In these, investors get a stable and consistent return. Investors get an opportunity to invest in big companies of different sectors.
Also Read: How to Buy Amazon, Tesla, or Facebook Shares in India
According to the latest data of the Association of Mutual Funds in India (AMFI), a total inflow of ₹22633 crore came in equity funds. Large & Mid Cap Fund received an inflow of ₹3215 crore. After this, there was an inflow of ₹2128 crore in largecap funds, ₹1827 crore in multicap funds, ₹1018 crore in midcap funds and ₹7917 crore in sectoral funds. ₹2738 crore was invested in flexi cap funds. The special thing is that there was an outflow of ₹94 crore from smallcap funds.