Table of Contents
- Why Invest in Large Cap Equity Funds?
- Large Cap Companies
- Difference Between Large Cap Funds, Mid Cap Funds and Small Cap Funds
- Who Should Invest in Large Cap Mutual Funds?
- Smart Tips to Invest in Large Cap Funds
- Taxation of Large Cap Funds
- How to Invest in Large Cap Funds Online?
- Best Large Cap Equity Funds 2024
- Conclusion
Top 10 Equity - Large Cap Funds
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 stocks are commonly referred as blue chip stocks. One essential fact about the large cap is that information regarding such big companies is easily available in publications (magazine/newspaper).
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 a time. These stocks give steady returns over a long period of time. These are shares of well-established companies that have a strong hold on the market and are usually considered as safe investments.
Large cap funds are considered to be safe, have good returns and are less volatile to the market fluctuations compared to other Equity Funds (mid and Small cap funds). Hence, investors are more keen to invest their funds in large-cap even though the share price of blue chip companies are high.
Why Invest in Large Cap Equity Funds?
- Large companies are well-established which means that they have more consistent Income. That is why the greatest benefits that add up to large cap stocks is the stability they can provide.
- Large cap mutual funds are less volatile than mid cap and small cap funds.
- As the investments are made in large companies, these funds tend to have low risks.
- In long-term, large cap funds have better returns than mid cap and small cap funds.
- During the downturn in the market/business, investors flock to large cap firms as they are a safer investment.
- Since large-cap companies have a long run business, data/details about such companies are readily available, which becomes easy to provide it to shareholders and investors. This also makes an easy way to determine whether a company is worth the investment.
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Large Cap Companies
Large cap funds are invested in companies that have a Market Capitalization (MC= no of shares issued by the company X market price per share) of more than INR 1000 Crore. These companies are well-established in the India market and are leading players in their respective Industry sectors. Furthermore, they have a strong track record of paying dividends regularly. Most of the blue-chip companies are listed on the BSE (Bombay Stock Exchange) 100 index. Infosys, Wipro, Unilever, Reliance Industries, ITC, SBI, ICICI, L&T, Birla, etc., are some of the large cap companies in India.
Difference Between Large Cap Funds, Mid Cap Funds and Small Cap Funds
In order to make a better investment decision in equity funds, one should understand the fundamental differences between its types, i.e.- large-, mid-, and small-cap funds. Hence, discussed below-
Investments
Large cap invests in those companies that have the potential of showing year on year steady growth with high profits. mid cap funds invest in mid-sized companies. Investors who invest in mid-cap usually prefer those companies that are future’s runaway success. Whereas, small cap companies are generally younger companies or startups that have a lot of scopes to grow.
Market Capitalization
Large cap companies have a market capitalization of more than INR 1000 crore, while mid caps could be companies with a market cap of INR 500 Cr to INR 1000 Cr, and a market cap of the small cap could be less than INR 500 Cr.
Companies
Infosys, Unilever, Reliance Industries, Birla, etc., are a few well-known large cap companies in India. Some of the most emerging, i.e. mid-cap companies in India are Bata India Ltd, City Union Bank, PC Jeweller Ltd, etc. And some of the well-known small-cap companies in India are Indiabulls, Indian Overseas Bank, Just Dial, etc.
Risks
Mid cap and small cap funds are more volatile than large-cap funds. Large cap mutual funds tend to outperform both mid and small cap funds during the bull market.
Who Should Invest in Large Cap Mutual Funds?
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. The return on large cap mutual funds may be moderately low, but they are more likely to be consistent in performance.
When an investor invests in these funds, the chances of their corpus to get eroded is very low compared to other equity mutual funds. Furthermore, large cap companies can withstand the economic crises and can recover faster. Thus, investors who are looking for an investment with moderate returns and low risks can consider large cap mutual funds as one of the best investment avenues.
Smart Tips to Invest in Large Cap Funds
It is always important to know about the fund that you are going to invest in. When investing in Mutual Funds, especially in risky funds like Large-cap funds, investors need to take into account some of the key parameters like-
1. Know the Fund Manager
The fund manager is responsible for all making investment decisions of the fund’s Portfolio. So it is important to review the performance of the fund manager over the years, especially in the tough market phase. A fund manager with the most consistent in his performance should be the preferred choice.
2. Know the Expense Ratio
The expense ratio is the chargers like management fees, operation chargers, etc., charged by the Fund Houses by the investors. Some fund houses may charge a higher fee, while some may low. However, the expense ratio is something that should not supersede other important factors such as fund performance etc.
3. Check the Past Performance
Before Investing, an investor needs to make a fair assessment of the funds' performances that they wish to invest in. A fund that consistently beats its benchmark for over 4-5 year is the one to go with.
4. Fund House Reputation
The quality and the reputation of the fund house matters a lot. Investors should check if the AMC has a long-standing record, large Assets Under Management (AUM), stared funds. A fund house should have a strong presence in the financial industry with a consistent track record.
Taxation of Large Cap Funds
The short-term and long-term Capital Gains offered by mutual funds are taxed at different rates.
| Fund Type | Short-Term Capital Gains | Long-Term Capital Gains |
|---|---|---|
| Equity funds | 15% + cess + surcharge | Up to Rs. 1 lakh a year is tax-exempt. Any gains above Rs. 1 lakh are taxed at 10% + cess + surcharge |
How to Invest in Large Cap Funds Online?
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Best Large Cap Equity Funds 2024
Some of the Best Large Cap Funds to invest in India are as follows-
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Nippon India Large Cap Fund Growth ₹80.7215
↑ 0.01 ₹24,378 9.1 26.5 42.9 26.1 17.9 32.1 HDFC Top 100 Fund Growth ₹1,045.77
↓ -1.69 ₹32,355 5.1 23.6 36.5 22.4 15.8 30 ICICI Prudential Bluechip Fund Growth ₹97.79
↓ -0.03 ₹53,505 6.9 26.1 40.5 22.1 18.1 27.4 IDBI India Top 100 Equity Fund Growth ₹44.16
↑ 0.05 ₹655 9.2 12.5 15.4 21.9 12.6 JM Large Cap Fund Growth ₹148.723
↑ 0.16 ₹119 7 30.7 46.1 21.6 17.4 29.6 BNP Paribas Large Cap Fund Growth ₹202.862
↑ 0.55 ₹1,863 9.4 28.3 39.6 19.8 18 24.8 Invesco India Largecap Fund Growth ₹61.14
↑ 0.05 ₹985 8.3 26.3 40.1 19.7 16.2 27.8 Edelweiss Large Cap Fund Growth ₹76.58
↓ -0.03 ₹829 7.1 22.8 33.7 18.7 16.4 25.7 TATA Large Cap Fund Growth ₹458.029
↑ 0.53 ₹2,019 6.6 24.9 34.2 18.6 15.7 24.5 IDFC Large Cap Fund Growth ₹67.858
↓ -0.04 ₹1,380 6.3 26.4 36.1 18.1 15.8 26.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 30 Apr 24
*Above is list of best Large Cap funds having AUM/Net Assets above 100 Crore. Sorted on Last 3 Year Return.
(Erstwhile Reliance Top 200 Fund) The primary investment objective of the scheme is to seek to generate long term capital appreciation by investing in equity and equity related instruments of companies whose market capitalization is within the range of highest & lowest market capitalization of S&P BSE 200 Index. The secondary objective is to generate consistent returns by investing in debt and money market securities. Nippon India Large Cap Fund is a Equity - Large Cap fund was launched on 8 Aug 07. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Large Cap Fund Returns up to 1 year are on (Erstwhile HDFC Top 200) To generate long term capital appreciation from a portfolio of equity and equity linked instruments. The investment portfolio for equity and equity linked instruments will be primarily drawn from the companies in the BSE 200 Index.
Further, the Scheme may also invest in listed companies that would qualify to be in the top 200 by market capitalisation on the BSE even though they may not be listed on the BSE. This includes participation in large Ipos where in the market
capitalisation of the company based on issue price would make the company a part of the top 200 companies listed on the BSE based on market capitalisation. HDFC Top 100 Fund is a Equity - Large Cap fund was launched on 11 Oct 96. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Top 100 Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Focused Bluechip Equity Fund) To generate long-term capital appreciation and income distribution to unit holders from a portfolio that is invested in equity and equity related securities of about 20 companies belonging to the large cap domain and the balance in debt securities and money market instruments. The Fund Manager will always select stocks for investment from among Top 200 stocks in terms of market capitalization on the National Stock Exchange of India Ltd. If the total assets under management under this scheme goes above Rs. 1,000 crores the Fund
Manager reserves the right to increase the number of companies to more than 20. ICICI Prudential Bluechip Fund is a Equity - Large Cap fund was launched on 23 May 08. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Bluechip Fund Returns up to 1 year are on The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related Instruments of Large Cap companies. However
there can be no assurance that the investment objective under the Scheme will be realized. IDBI India Top 100 Equity Fund is a Equity - Large Cap fund was launched on 15 May 12. It is a fund with Moderately High risk and has given a Below is the key information for IDBI India Top 100 Equity Fund Returns up to 1 year are on (Erstwhile JM Equity Fund) The scheme seeks to provide optimum capital growth and appreciation. JM Large Cap Fund is a Equity - Large Cap fund was launched on 1 Apr 95. It is a fund with Moderately High risk and has given a Below is the key information for JM Large Cap Fund Returns up to 1 year are on (Erstwhile BNP Paribas Equity Fund) The investment objective of the Scheme is to generate long-term capital growth from a diversifi ed and actively managed portfolio of equity and equity related securities. The Scheme will invest in a range of companies, with a bias towards large & medium market capitalisation companies. However, there can be no
assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. BNP Paribas Large Cap Fund is a Equity - Large Cap fund was launched on 23 Sep 04. It is a fund with Moderately High risk and has given a Below is the key information for BNP Paribas Large Cap Fund Returns up to 1 year are on (Erstwhile Invesco India Business Leaders Fund) To generate long term capital appreciation by investing in equity and equity related instruments including equity derivatives of companies which in our opinion are leaders in their respective industry or industry segment. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. Invesco India Largecap Fund is a Equity - Large Cap fund was launched on 21 Aug 09. It is a fund with Moderately High risk and has given a Below is the key information for Invesco India Largecap Fund Returns up to 1 year are on (Erstwhile Edelweiss Large Cap Advantage Fund) The investment objective is to seek to generate long-term capital appreciation from a portfolio predominantly consisting equity and equity-related securities of the 100 largest corporate by market capitalisation listed in India.
However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. Edelweiss Large Cap Fund is a Equity - Large Cap fund was launched on 20 May 09. It is a fund with Moderately High risk and has given a Below is the key information for Edelweiss Large Cap Fund Returns up to 1 year are on To provide income distribution and / or medium to long term capital gains while at all times emphasising the importance of capital appreciation. TATA Large Cap Fund is a Equity - Large Cap fund was launched on 7 May 98. It is a fund with Moderately High risk and has given a Below is the key information for TATA Large Cap Fund Returns up to 1 year are on (Erstwhile IDFC Equity Fund) The investment objective of the scheme is to seek to generate
capital growth from a portfolio of predominantly equity and equity
related instruments (including Equity Derivatives). The scheme
may also invest in debt & money market instruments to generate
reasonable income. However there is no assurance or guarantee that the objectives of the scheme will be realized. IDFC Large Cap Fund is a Equity - Large Cap fund was launched on 9 Jun 06. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Large Cap Fund Returns up to 1 year are on 1. Nippon India Large Cap Fund
CAGR/Annualized return of 13.3% since its launch. Ranked 20 in Large Cap category. Return for 2023 was 32.1% , 2022 was 11.3% and 2021 was 32.4% . Nippon India Large Cap Fund
Growth Launch Date 8 Aug 07 NAV (30 Apr 24) ₹80.7215 ↑ 0.01 (0.01 %) Net Assets (Cr) ₹24,378 on 31 Mar 24 Category Equity - Large Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.86 Sharpe Ratio 3.08 Information Ratio 2.28 Alpha Ratio 9.01 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹7,676 30 Apr 21 ₹11,354 30 Apr 22 ₹14,029 30 Apr 23 ₹15,921 Returns for Nippon India Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Apr 24 Duration Returns 1 Month 3.2% 3 Month 9.1% 6 Month 26.5% 1 Year 42.9% 3 Year 26.1% 5 Year 17.9% 10 Year 15 Year Since launch 13.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 32.1% 2022 11.3% 2021 32.4% 2020 4.9% 2019 7.3% 2018 -0.2% 2017 38.4% 2016 2.2% 2015 1.1% 2014 54.6% Fund Manager information for Nippon India Large Cap Fund
Name Since Tenure Sailesh Raj Bhan 8 Aug 07 16.66 Yr. Ashutosh Bhargava 1 Sep 21 2.58 Yr. Kinjal Desai 25 May 18 5.86 Yr. Data below for Nippon India Large Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 36.46% Consumer Cyclical 14.46% Industrials 9.73% Consumer Defensive 9.47% Energy 7.47% Utility 6.03% Technology 5.5% Basic Materials 3.74% Health Care 2.03% Communication Services 1.4% Asset Allocation
Asset Class Value Cash 3.7% Equity 96.3% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 08 | HDFCBANK10% ₹2,317 Cr 16,000,529
↑ 1,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK7% ₹1,607 Cr 14,700,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 19 | RELIANCE7% ₹1,605 Cr 5,400,000
↑ 200,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 10 | SBIN6% ₹1,437 Cr 19,100,644 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 16 | ITC5% ₹1,254 Cr 29,265,000
↑ 3,265,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 07 | LT4% ₹1,016 Cr 2,700,529 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 21 | 5000343% ₹826 Cr 1,140,326
↑ 100,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | 5322153% ₹806 Cr 7,700,080 Tata Power Co Ltd (Utilities)
Equity, Since 30 Jun 23 | 5004003% ₹749 Cr 19,000,000 NTPC Ltd (Utilities)
Equity, Since 30 Apr 20 | 5325553% ₹722 Cr 21,500,000 2. HDFC Top 100 Fund
CAGR/Annualized return of 19.3% since its launch. Ranked 43 in Large Cap category. Return for 2023 was 30% , 2022 was 10.6% and 2021 was 28.5% . HDFC Top 100 Fund
Growth Launch Date 11 Oct 96 NAV (30 Apr 24) ₹1,045.77 ↓ -1.69 (-0.16 %) Net Assets (Cr) ₹32,355 on 31 Mar 24 Category Equity - Large Cap AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.77 Sharpe Ratio 2.51 Information Ratio 1.14 Alpha Ratio 3.97 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹7,769 30 Apr 21 ₹11,346 30 Apr 22 ₹13,689 30 Apr 23 ₹15,231 Returns for HDFC Top 100 Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Apr 24 Duration Returns 1 Month 1.8% 3 Month 5.1% 6 Month 23.6% 1 Year 36.5% 3 Year 22.4% 5 Year 15.8% 10 Year 15 Year Since launch 19.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 30% 2022 10.6% 2021 28.5% 2020 5.9% 2019 7.7% 2018 0.1% 2017 32% 2016 8.5% 2015 -6.1% 2014 46.5% Fund Manager information for HDFC Top 100 Fund
Name Since Tenure Rahul Baijal 29 Jul 22 1.68 Yr. Dhruv Muchhal 22 Jun 23 0.78 Yr. Data below for HDFC Top 100 Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 32.21% Energy 11.77% Technology 9.26% Industrials 8.47% Consumer Defensive 7.63% Health Care 7.13% Consumer Cyclical 6.39% Utility 5.67% Communication Services 4.53% Basic Materials 3.26% Asset Allocation
Asset Class Value Cash 3.67% Equity 96.33% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 05 | ICICIBANK10% ₹3,153 Cr 28,840,474 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK8% ₹2,444 Cr 16,876,319
↑ 500,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 06 | RELIANCE7% ₹2,320 Cr 7,806,781 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 06 | LT6% ₹1,905 Cr 5,061,271 NTPC Ltd (Utilities)
Equity, Since 30 Jun 15 | 5325556% ₹1,836 Cr 54,669,743 Infosys Ltd (Technology)
Equity, Since 31 Aug 04 | INFY5% ₹1,585 Cr 10,579,648 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 20 | BHARTIARTL5% ₹1,465 Cr 11,921,785 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC4% ₹1,357 Cr 31,691,145 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 07 | 5322154% ₹1,226 Cr 11,702,714 Coal India Ltd (Energy)
Equity, Since 30 Sep 17 | COALINDIA4% ₹1,196 Cr 27,557,721 3. ICICI Prudential Bluechip Fund
CAGR/Annualized return of 15.4% since its launch. Ranked 21 in Large Cap category. Return for 2023 was 27.4% , 2022 was 6.9% and 2021 was 29.2% . ICICI Prudential Bluechip Fund
Growth Launch Date 23 May 08 NAV (30 Apr 24) ₹97.79 ↓ -0.03 (-0.03 %) Net Assets (Cr) ₹53,505 on 31 Mar 24 Category Equity - Large Cap AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.69 Sharpe Ratio 3.17 Information Ratio 1.27 Alpha Ratio 10.05 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,505 30 Apr 21 ₹12,622 30 Apr 22 ₹15,108 30 Apr 23 ₹16,333 Returns for ICICI Prudential Bluechip Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Apr 24 Duration Returns 1 Month 1.7% 3 Month 6.9% 6 Month 26.1% 1 Year 40.5% 3 Year 22.1% 5 Year 18.1% 10 Year 15 Year Since launch 15.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 27.4% 2022 6.9% 2021 29.2% 2020 13.5% 2019 9.8% 2018 -0.8% 2017 32.7% 2016 7.7% 2015 -0.2% 2014 41.1% Fund Manager information for ICICI Prudential Bluechip Fund
Name Since Tenure Anish Tawakley 5 Sep 18 5.58 Yr. Vaibhav Dusad 18 Jan 21 3.2 Yr. Sharmila D’mello 31 Jul 22 1.67 Yr. Data below for ICICI Prudential Bluechip Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 22.25% Energy 12.49% Consumer Cyclical 11.23% Industrials 10.23% Technology 8.2% Basic Materials 6.16% Consumer Defensive 6.09% Health Care 5.95% Communication Services 4.1% Utility 3.26% Real Estate 1.39% Asset Allocation
Asset Class Value Cash 8.65% Equity 91.35% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 08 | ICICIBANK8% ₹4,430 Cr 40,518,440 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE8% ₹4,331 Cr 14,574,648
↑ 275,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 12 | LT7% ₹3,771 Cr 10,017,834 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 16 | MARUTI5% ₹2,651 Cr 2,103,659 Infosys Ltd (Technology)
Equity, Since 30 Nov 10 | INFY5% ₹2,519 Cr 16,812,789 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | 5322154% ₹2,341 Cr 22,358,608 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 09 | BHARTIARTL4% ₹2,131 Cr 17,348,738 UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Sep 17 | ULTRACEMCO4% ₹2,035 Cr 2,087,320 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK3% ₹1,870 Cr 12,918,438
↑ 2,370,490 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Jul 15 | SUNPHARMA3% ₹1,437 Cr 8,869,143 4. IDBI India Top 100 Equity Fund
CAGR/Annualized return of 14.2% since its launch. Ranked 45 in Large Cap category. . IDBI India Top 100 Equity Fund
Growth Launch Date 15 May 12 NAV (28 Jul 23) ₹44.16 ↑ 0.05 (0.11 %) Net Assets (Cr) ₹655 on 30 Jun 23 Category Equity - Large Cap AMC IDBI Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.47 Sharpe Ratio 1.09 Information Ratio 0.14 Alpha Ratio 2.11 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹9,283 30 Apr 21 ₹13,402 30 Apr 22 ₹16,218 30 Apr 23 ₹17,049 Returns for IDBI India Top 100 Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Apr 24 Duration Returns 1 Month 3% 3 Month 9.2% 6 Month 12.5% 1 Year 15.4% 3 Year 21.9% 5 Year 12.6% 10 Year 15 Year Since launch 14.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for IDBI India Top 100 Equity Fund
Name Since Tenure Data below for IDBI India Top 100 Equity Fund as on 30 Jun 23
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 5. JM Large Cap Fund
CAGR/Annualized return of 9.7% since its launch. Ranked 73 in Large Cap category. Return for 2023 was 29.6% , 2022 was 3.4% and 2021 was 23.2% . JM Large Cap Fund
Growth Launch Date 1 Apr 95 NAV (30 Apr 24) ₹148.723 ↑ 0.16 (0.11 %) Net Assets (Cr) ₹119 on 31 Mar 24 Category Equity - Large Cap AMC JM Financial Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.51 Sharpe Ratio 2.88 Information Ratio 0.5 Alpha Ratio 9.34 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹9,537 30 Apr 21 ₹12,380 30 Apr 22 ₹14,280 30 Apr 23 ₹15,235 Returns for JM Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Apr 24 Duration Returns 1 Month 3.7% 3 Month 7% 6 Month 30.7% 1 Year 46.1% 3 Year 21.6% 5 Year 17.4% 10 Year 15 Year Since launch 9.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 29.6% 2022 3.4% 2021 23.2% 2020 18.1% 2019 4.9% 2018 0.8% 2017 20.9% 2016 1.8% 2015 -1.3% 2014 45.5% Fund Manager information for JM Large Cap Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 2.62 Yr. Asit Bhandarkar 5 Oct 17 6.49 Yr. Gurvinder Wasan 1 Dec 22 1.33 Yr. Data below for JM Large Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 24.02% Consumer Cyclical 13.79% Technology 12.88% Basic Materials 8.87% Utility 8.67% Industrials 7.36% Energy 7.24% Health Care 6.28% Consumer Defensive 4.87% Communication Services 1.45% Asset Allocation
Asset Class Value Cash 4.56% Equity 95.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 08 | LT7% ₹9 Cr 23,207
↑ 3,150 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 12 | HDFCBANK7% ₹8 Cr 56,672
↑ 16,400 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 24 | RELIANCE5% ₹6 Cr 20,000
↑ 20,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 24 | ITC5% ₹6 Cr 135,000
↑ 135,000 Infosys Ltd (Technology)
Equity, Since 30 Apr 15 | INFY4% ₹5 Cr 33,398 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | ICICIBANK4% ₹5 Cr 45,287
↑ 20,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 11 | SBIN4% ₹4 Cr 58,397
↑ 8,000 Tata Power Co Ltd (Utilities)
Equity, Since 29 Feb 24 | 5004003% ₹4 Cr 104,000 Bank of Baroda (Financial Services)
Equity, Since 30 Nov 22 | 5321343% ₹4 Cr 154,250 Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 29 Feb 24 | 5001243% ₹4 Cr 6,400 6. BNP Paribas Large Cap Fund
CAGR/Annualized return of 16.6% since its launch. Ranked 38 in Large Cap category. Return for 2023 was 24.8% , 2022 was 4.2% and 2021 was 22.1% . BNP Paribas Large Cap Fund
Growth Launch Date 23 Sep 04 NAV (30 Apr 24) ₹202.862 ↑ 0.55 (0.27 %) Net Assets (Cr) ₹1,863 on 31 Mar 24 Category Equity - Large Cap AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.18 Sharpe Ratio 2.89 Information Ratio 0.55 Alpha Ratio 7.55 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹9,542 30 Apr 21 ₹13,298 30 Apr 22 ₹15,271 30 Apr 23 ₹16,394 Returns for BNP Paribas Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Apr 24 Duration Returns 1 Month 2.9% 3 Month 9.4% 6 Month 28.3% 1 Year 39.6% 3 Year 19.8% 5 Year 18% 10 Year 15 Year Since launch 16.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 24.8% 2022 4.2% 2021 22.1% 2020 16.8% 2019 17.2% 2018 -4% 2017 37% 2016 -5.5% 2015 5.6% 2014 47.4% Fund Manager information for BNP Paribas Large Cap Fund
Name Since Tenure Jitendra Sriram 16 Jun 22 1.79 Yr. Miten Vora 1 Dec 22 1.33 Yr. Data below for BNP Paribas Large Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 25.13% Consumer Cyclical 14.7% Technology 11.3% Energy 11.11% Industrials 9.86% Consumer Defensive 7.8% Utility 5.2% Basic Materials 4.66% Health Care 4.28% Communication Services 2.37% Asset Allocation
Asset Class Value Cash 2.97% Equity 96.42% Debt 0.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 17 | RELIANCE7% ₹131 Cr 441,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 12 | ICICIBANK7% ₹131 Cr 1,197,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK7% ₹122 Cr 840,600 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 20 | LT6% ₹105 Cr 279,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 18 | TCS4% ₹83 Cr 215,239 ITC Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | ITC4% ₹67 Cr 1,575,000
↑ 225,000 Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY3% ₹51 Cr 342,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 29 Feb 08 | BHARTIARTL2% ₹44 Cr 360,000 Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 31 Aug 23 | 5431872% ₹44 Cr 63,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | KOTAKBANK2% ₹42 Cr 234,000 7. Invesco India Largecap Fund
CAGR/Annualized return of 13.1% since its launch. Ranked 39 in Large Cap category. Return for 2023 was 27.8% , 2022 was -3% and 2021 was 32.5% . Invesco India Largecap Fund
Growth Launch Date 21 Aug 09 NAV (30 Apr 24) ₹61.14 ↑ 0.05 (0.08 %) Net Assets (Cr) ₹985 on 31 Mar 24 Category Equity - Large Cap AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.37 Sharpe Ratio 2.49 Information Ratio 0.34 Alpha Ratio 4.01 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,844 30 Apr 21 ₹12,350 30 Apr 22 ₹14,725 30 Apr 23 ₹15,109 Returns for Invesco India Largecap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Apr 24 Duration Returns 1 Month 4% 3 Month 8.3% 6 Month 26.3% 1 Year 40.1% 3 Year 19.7% 5 Year 16.2% 10 Year 15 Year Since launch 13.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 27.8% 2022 -3% 2021 32.5% 2020 14.1% 2019 10.5% 2018 -0.4% 2017 28.3% 2016 2.8% 2015 4.6% 2014 39.5% Fund Manager information for Invesco India Largecap Fund
Name Since Tenure Amit Nigam 3 Sep 20 3.58 Yr. Hiten Jain 1 Dec 23 0.33 Yr. Data below for Invesco India Largecap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 27.12% Consumer Cyclical 13.58% Technology 13% Industrials 11.23% Health Care 8.3% Consumer Defensive 8.19% Energy 6.81% Utility 3.67% Basic Materials 3.55% Communication Services 2.15% Real Estate 1.48% Asset Allocation
Asset Class Value Cash 0.91% Equity 99.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | ICICIBANK9% ₹86 Cr 784,022
↓ -71,128 Infosys Ltd (Technology)
Equity, Since 30 Apr 18 | INFY5% ₹45 Cr 299,950 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE5% ₹45 Cr 150,277 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 24 | TCS4% ₹44 Cr 112,359
↑ 18,384 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 09 | HDFCBANK4% ₹37 Cr 252,930 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | MARUTI4% ₹36 Cr 28,437 Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 Jan 24 | 5008253% ₹32 Cr 64,989 IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | INDUSINDBK3% ₹31 Cr 200,497
↓ -32,809 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | 5322153% ₹30 Cr 289,157 Mankind Pharma Ltd (Healthcare)
Equity, Since 31 Dec 23 | 5439043% ₹26 Cr 112,006
↑ 25,236 8. Edelweiss Large Cap Fund
CAGR/Annualized return of 14.6% since its launch. Ranked 66 in Large Cap category. Return for 2023 was 25.7% , 2022 was 3.4% and 2021 was 23.4% . Edelweiss Large Cap Fund
Growth Launch Date 20 May 09 NAV (30 Apr 24) ₹76.58 ↓ -0.03 (-0.04 %) Net Assets (Cr) ₹829 on 31 Mar 24 Category Equity - Large Cap AMC Edelweiss Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.52 Sharpe Ratio 2.46 Information Ratio 0.2 Alpha Ratio 2.74 Min Investment 1,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,813 30 Apr 21 ₹12,801 30 Apr 22 ₹14,744 30 Apr 23 ₹15,998 Returns for Edelweiss Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Apr 24 Duration Returns 1 Month 2.7% 3 Month 7.1% 6 Month 22.8% 1 Year 33.7% 3 Year 18.7% 5 Year 16.4% 10 Year 15 Year Since launch 14.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 25.7% 2022 3.4% 2021 23.4% 2020 17.3% 2019 11.5% 2018 1.7% 2017 33.8% 2016 0.4% 2015 0.8% 2014 37.7% Fund Manager information for Edelweiss Large Cap Fund
Name Since Tenure Bhavesh Jain 2 May 17 6.92 Yr. Bharat Lahoti 1 Oct 21 2.5 Yr. Data below for Edelweiss Large Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 28.11% Consumer Cyclical 12.75% Industrials 9.38% Consumer Defensive 8.68% Energy 8.63% Health Care 8.11% Technology 7.59% Basic Materials 5.16% Utility 4.13% Communication Services 2.52% Real Estate 1.22% Asset Allocation
Asset Class Value Cash 0.85% Equity 99.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | ICICIBANK7% ₹59 Cr 543,004
↑ 11,248 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 10 | RELIANCE6% ₹48 Cr 161,624 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK5% ₹45 Cr 309,538
↑ 5,701 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 10 | LT5% ₹42 Cr 110,293
↑ 10,076 ITC Ltd (Consumer Defensive)
Equity, Since 31 Dec 10 | ITC4% ₹31 Cr 733,500 State Bank of India (Financial Services)
Equity, Since 31 Dec 14 | SBIN3% ₹22 Cr 296,851
↑ 8,236 Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 15 | TCS3% ₹22 Cr 56,390
↑ 11,146 Infosys Ltd (Technology)
Equity, Since 30 Nov 10 | INFY3% ₹22 Cr 145,763
↑ 16,845 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 20 | BHARTIARTL3% ₹21 Cr 169,895
↓ -29,628 NTPC Ltd (Utilities)
Equity, Since 30 Nov 21 | 5325552% ₹19 Cr 560,028 9. TATA Large Cap Fund
CAGR/Annualized return of 19.4% since its launch. Ranked 35 in Large Cap category. Return for 2023 was 24.5% , 2022 was 3.3% and 2021 was 32.7% . TATA Large Cap Fund
Growth Launch Date 7 May 98 NAV (30 Apr 24) ₹458.029 ↑ 0.53 (0.12 %) Net Assets (Cr) ₹2,019 on 31 Mar 24 Category Equity - Large Cap AMC Tata Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.25 Sharpe Ratio 2.09 Information Ratio 0.21 Alpha Ratio -1.11 Min Investment 5,000 Min SIP Investment 150 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,324 30 Apr 21 ₹12,454 30 Apr 22 ₹14,637 30 Apr 23 ₹15,464 Returns for TATA Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Apr 24 Duration Returns 1 Month 3.2% 3 Month 6.6% 6 Month 24.9% 1 Year 34.2% 3 Year 18.6% 5 Year 15.7% 10 Year 15 Year Since launch 19.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 24.5% 2022 3.3% 2021 32.7% 2020 8.3% 2019 12.1% 2018 -3.6% 2017 29.5% 2016 2.9% 2015 1.3% 2014 36% Fund Manager information for TATA Large Cap Fund
Name Since Tenure Abhinav Sharma 5 Apr 23 0.99 Yr. Kapil Malhotra 19 Dec 23 0.28 Yr. Data below for TATA Large Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 28.38% Industrials 15.26% Consumer Defensive 9.87% Technology 8.33% Utility 7.87% Energy 7.73% Consumer Cyclical 7.04% Health Care 6.52% Basic Materials 5.34% Real Estate 1.33% Asset Allocation
Asset Class Value Cash 2.34% Equity 97.66% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 07 | HDFCBANK9% ₹179 Cr 1,235,950 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 05 | RELIANCE7% ₹147 Cr 493,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 20 | LT5% ₹102 Cr 270,784 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 11 | ICICIBANK5% ₹95 Cr 865,300 Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY4% ₹84 Cr 558,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Jun 23 | SUNPHARMA4% ₹72 Cr 445,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | KOTAKBANK3% ₹69 Cr 389,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322153% ₹58 Cr 555,000
↓ -100,000 NTPC Ltd (Utilities)
Equity, Since 30 Jun 21 | 5325553% ₹51 Cr 1,505,000
↓ -70,000 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 30 Sep 22 | 5329212% ₹48 Cr 360,000 10. IDFC Large Cap Fund
CAGR/Annualized return of 11.3% since its launch. Ranked 57 in Large Cap category. Return for 2023 was 26.8% , 2022 was -2.3% and 2021 was 26.8% . IDFC Large Cap Fund
Growth Launch Date 9 Jun 06 NAV (30 Apr 24) ₹67.858 ↓ -0.04 (-0.06 %) Net Assets (Cr) ₹1,380 on 31 Mar 24 Category Equity - Large Cap AMC IDFC Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.26 Sharpe Ratio 2.39 Information Ratio -0.23 Alpha Ratio 2.03 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,850 30 Apr 21 ₹12,622 30 Apr 22 ₹14,652 30 Apr 23 ₹15,292 Returns for IDFC Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Apr 24 Duration Returns 1 Month 2.6% 3 Month 6.3% 6 Month 26.4% 1 Year 36.1% 3 Year 18.1% 5 Year 15.8% 10 Year 15 Year Since launch 11.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 26.8% 2022 -2.3% 2021 26.8% 2020 17.4% 2019 10.6% 2018 -4.2% 2017 34.2% 2016 5.3% 2015 -5.7% 2014 30.4% Fund Manager information for IDFC Large Cap Fund
Name Since Tenure Sumit Agrawal 1 Mar 17 7.09 Yr. Ritika Behera 7 Oct 23 0.48 Yr. Data below for IDFC Large Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 33.92% Consumer Cyclical 15.39% Energy 10.77% Industrials 8.06% Technology 7.91% Consumer Defensive 5.97% Health Care 5.64% Basic Materials 2.07% Real Estate 2.05% Utility 1.96% Asset Allocation
Asset Class Value Cash 6.26% Equity 93.74% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 07 | HDFCBANK9% ₹124 Cr 857,864
↑ 190,288 Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 07 | RELIANCE9% ₹122 Cr 410,544 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK8% ₹111 Cr 1,013,872
↓ -149,436 Infosys Ltd (Technology)
Equity, Since 31 Aug 11 | INFY5% ₹63 Cr 423,583
↓ -57,727 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 19 | LT4% ₹57 Cr 151,975
↓ -1,520 Jio Financial Services Ltd (Financial Services)
Equity, Since 29 Feb 24 | 5439404% ₹53 Cr 1,507,428
↑ 686,107 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS3% ₹46 Cr 117,781
↓ -12,015 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 24 | KOTAKBANK3% ₹43 Cr 240,908
↑ 85,908 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 May 22 | SUNPHARMA3% ₹43 Cr 264,720 ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 22 | ITC3% ₹41 Cr 965,054
Conclusion
The performance of blue chip companies generally represents the economic scenario. Such companies have a potential to forecast the Economy. Furthermore, large cap companies are rarely affected by the market Volatility, hence, are considered to be a risk-free investment. Even though the price of large cap stocks is higher, they are valuable in the rising economy for a long term investment. Thus, investors looking for a long-term Investment plan can consider large cap mutual funds as an ideal avenue to invest!
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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