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Ideally, when someone thinks of Investing, the first thought that comes to one's mind will mostly be equity. When you further explore Equity Funds, you will large-cap funds.
Large cap Mutual Funds are considered to be one of the safest investments in equities as they have good returns and are less volatile to Market fluctuations compared to other equity funds i.e., mid & Small cap funds. These funds invest in the stock of big companies. Investors are keen to invest their monies in large-caps even though the share price of blue-chip companies is high.
Choosing the best large cap mutual fund is an important task that needs to be given due importance. Let's see below the benefits of investing in large cap mutual funds, how to select the best Large cap funds and finally, a list of the top 10 best large cap funds to invest in 2025.
Large cap are mutual funds that primarily invest in the stocks of large-cap companies, which are companies with a market capitalization typically over Rs. 20,000 crore. These funds aim to provide investors with exposure to the largest and most established companies in the stock market. The stocks held in large cap funds are often known as "blue-chip" stocks, which are well-established companies with a long history of stable Earnings and a strong financial position. These stocks are typically less volatile than stocks of smaller companies, making large cap mutual funds a popular choice for investors seeking a relatively stable and low-risk investment option. Large cap mutual funds may also offer the potential for long-term growth, as the companies they invest in are typically leaders in their industries and have the potential for continued expansion and success.
Choosing the right large-cap mutual fund is never easy. Some funds tend to perform well, while other funds tend to languish. But, there are a few parameters that investors have to look at while choosing the right fund. One needs to look at a number of quantitative as well as qualitative factors before deciding upon a fund.
The mutual fund rating could be a good starting point. This needs to be supplemented with other data such as fund age, assets under management (AUM), past returns, expense ratio, etc. Furthermore, investors are advised to check last three years performance of a fund. A fund should have net assets of over INR 1000 crore and also must have a minimum average allocation of 65 percent to large cap stocks over the past one year.
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This further needs to be filtered with qualitative factors such as fund house reputation, the fund manager track record and the investment process. One must select the fund house on which you have faith to invest your money. Identifying fund houses that have a strong presence in the market and provide a variety of funds that have a long and consistent track record. One should also see how many of the funds are top performers. A fund manager with a good track record is a must. An Asset Management Company with a set institutionalised investment process is also important since this ensures that it's a process that gets you to make money rather than just a fund manager (person - and hence keyman risk). By doing the above, one can try and select the best large cap fund or even make a list of the top 10 best large cap funds to choose from.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) IDBI India Top 100 Equity Fund Growth ₹44.16
↑ 0.05 ₹655 9.2 12.5 15.4 21.9 12.6 Nippon India Large Cap Fund Growth ₹84.3944
↓ -0.77 ₹35,313 -5.8 -3.8 14.9 18 18.6 18.2 HDFC Top 100 Fund Growth ₹1,076.44
↓ -9.18 ₹36,587 -7.2 -4.5 9.7 15 16.4 11.6 ICICI Prudential Bluechip Fund Growth ₹102.17
↓ -0.74 ₹63,938 -6.4 -3.5 14.9 14.8 18 16.9 DSP BlackRock TOP 100 Equity Growth ₹442.552
↓ -4.35 ₹4,530 -5.8 -0.7 18.5 14.1 14.2 20.5 BNP Paribas Large Cap Fund Growth ₹211.766
↓ -1.57 ₹2,403 -7.8 -4.8 17 13.8 16.5 20.1 L&T India Large Cap Fund Growth ₹42.242
↑ 0.02 ₹758 4.4 16.7 2.9 13.6 10.5 Aditya Birla Sun Life Frontline Equity Fund Growth ₹492.76
↓ -4.13 ₹29,323 -6.3 -2.7 14.7 12.7 16.4 15.6 Edelweiss Large Cap Fund Growth ₹79.6
↓ -0.70 ₹1,100 -7.3 -4.2 12.8 12.3 15.9 14.6 Invesco India Largecap Fund Growth ₹65.8
↓ -0.62 ₹1,317 -6 -2.1 17.3 12.2 16.9 20 IDFC Large Cap Fund Growth ₹72.217
↓ -0.69 ₹1,760 -6.4 -2.6 16.1 12.1 16.4 18.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Jul 23
*List of 11 Best Large cap mutual funds with AUM/Net Assets > 500 Crore
. Having fund age >=3
Sorted on 3 Year CAGR Returns
.
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 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 Fund is seeking to generate capital appreciation, from a portfolio that is substantially constituted of equity and equity related securities of the 100 largest corporates, by market capitalisation, listed in India. DSP BlackRock TOP 100 Equity is a Equity - Large Cap fund was launched on 10 Mar 03. It is a fund with Moderately High risk and has given a Below is the key information for DSP BlackRock TOP 100 Equity 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 To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets. The Scheme will predominantly invest in large cap stocks. The Scheme could also additionally invest in Foreign Securities. L&T India Large Cap Fund is a Equity - Large Cap fund was launched on 23 Oct 07. It is a fund with Moderately High risk and has given a Below is the key information for L&T India Large Cap Fund Returns up to 1 year are on An Open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and or sectors as its chosen benchmark index, S&P BSE 200. Aditya Birla Sun Life Frontline Equity Fund is a Equity - Large Cap fund was launched on 30 Aug 02. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Frontline Equity 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 (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 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. 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 31 Dec 19 ₹10,000 31 Dec 20 ₹11,643 31 Dec 21 ₹15,281 31 Dec 22 ₹15,730 Returns for IDBI India Top 100 Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jul 23 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 2. Nippon India Large Cap Fund
CAGR/Annualized
return of 13% since its launch. Ranked 20 in Large Cap
category. Return for 2024 was 18.2% , 2023 was 32.1% and 2022 was 11.3% . Nippon India Large Cap Fund
Growth Launch Date 8 Aug 07 NAV (10 Jan 25) ₹84.3944 ↓ -0.77 (-0.91 %) Net Assets (Cr) ₹35,313 on 30 Nov 24 Category Equity - Large Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.7 Sharpe Ratio 1.73 Information Ratio 1.96 Alpha Ratio 5.55 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 31 Dec 19 ₹10,000 31 Dec 20 ₹10,491 31 Dec 21 ₹13,886 31 Dec 22 ₹15,459 31 Dec 23 ₹20,429 31 Dec 24 ₹24,156 Returns for Nippon India Large Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jul 23 Duration Returns 1 Month -5.9% 3 Month -5.8% 6 Month -3.8% 1 Year 14.9% 3 Year 18% 5 Year 18.6% 10 Year 15 Year Since launch 13% Historical performance (Yearly) on absolute basis
Year Returns 2023 18.2% 2022 32.1% 2021 11.3% 2020 32.4% 2019 4.9% 2018 7.3% 2017 -0.2% 2016 38.4% 2015 2.2% 2014 1.1% Fund Manager information for Nippon India Large Cap Fund
Name Since Tenure Sailesh Raj Bhan 8 Aug 07 17.41 Yr. Kinjal Desai 25 May 18 6.61 Yr. Bhavik Dave 19 Aug 24 0.37 Yr. Data below for Nippon India Large Cap Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 35.13% Consumer Cyclical 10.92% Industrials 10.42% Technology 10.06% Consumer Defensive 9.4% Energy 6.03% Utility 5.03% Health Care 4.71% Basic Materials 4.53% Communication Services 1.33% Asset Allocation
Asset Class Value Cash 1.23% Equity 98.77% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 08 | HDFCBANK10% ₹3,402 Cr 18,940,367 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹2,210 Cr 17,000,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 19 | RELIANCE5% ₹1,920 Cr 14,862,137
↑ 262,137 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 16 | ITC5% ₹1,800 Cr 37,750,240 Infosys Ltd (Technology)
Equity, Since 30 Sep 07 | INFY4% ₹1,579 Cr 8,500,084 State Bank of India (Financial Services)
Equity, Since 31 Oct 10 | SBIN4% ₹1,443 Cr 17,200,644 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 07 | LT4% ₹1,341 Cr 3,600,529 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | AXISBANK4% ₹1,250 Cr 11,000,080 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 21 | BAJFINANCE3% ₹1,052 Cr 1,599,612
↑ 100,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 24 | TCS3% ₹982 Cr 2,300,000 3. HDFC Top 100 Fund
CAGR/Annualized
return of 18.9% since its launch. Ranked 43 in Large Cap
category. Return for 2024 was 11.6% , 2023 was 30% and 2022 was 10.6% . HDFC Top 100 Fund
Growth Launch Date 11 Oct 96 NAV (10 Jan 25) ₹1,076.44 ↓ -9.18 (-0.85 %) Net Assets (Cr) ₹36,587 on 30 Nov 24 Category Equity - Large Cap AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.67 Sharpe Ratio 1.23 Information Ratio 1.3 Alpha Ratio -0.69 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 31 Dec 19 ₹10,000 31 Dec 20 ₹10,591 31 Dec 21 ₹13,613 31 Dec 22 ₹15,058 31 Dec 23 ₹19,579 31 Dec 24 ₹21,859 Returns for HDFC Top 100 Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jul 23 Duration Returns 1 Month -5.4% 3 Month -7.2% 6 Month -4.5% 1 Year 9.7% 3 Year 15% 5 Year 16.4% 10 Year 15 Year Since launch 18.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 11.6% 2022 30% 2021 10.6% 2020 28.5% 2019 5.9% 2018 7.7% 2017 0.1% 2016 32% 2015 8.5% 2014 -6.1% Fund Manager information for HDFC Top 100 Fund
Name Since Tenure Rahul Baijal 29 Jul 22 2.43 Yr. Dhruv Muchhal 22 Jun 23 1.53 Yr. Data below for HDFC Top 100 Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 33.12% Consumer Cyclical 11.83% Technology 9.2% Consumer Defensive 7.96% Industrials 7.8% Energy 7.26% Health Care 6.19% Utility 5.43% Communication Services 5.3% Basic Materials 3.35% Real Estate 0.67% Asset Allocation
Asset Class Value Cash 1.88% Equity 98.12% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK10% ₹3,615 Cr 20,126,319 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 05 | ICICIBANK10% ₹3,600 Cr 27,690,474
↓ -2,350,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 06 | LT6% ₹2,169 Cr 5,822,954 NTPC Ltd (Utilities)
Equity, Since 30 Jun 15 | NTPC5% ₹1,988 Cr 54,669,743 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 20 | BHARTIARTL5% ₹1,940 Cr 11,921,785 Infosys Ltd (Technology)
Equity, Since 31 Aug 04 | INFY5% ₹1,798 Cr 9,679,648
↑ 700,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 07 | AXISBANK5% ₹1,695 Cr 14,918,255
↑ 1,415,541 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC4% ₹1,511 Cr 31,691,145 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Aug 23 | KOTAKBANK4% ₹1,296 Cr 7,341,626
↑ 350,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 06 | RELIANCE3% ₹1,241 Cr 9,601,236 4. ICICI Prudential Bluechip Fund
CAGR/Annualized
return of 15% since its launch. Ranked 21 in Large Cap
category. Return for 2024 was 16.9% , 2023 was 27.4% and 2022 was 6.9% . ICICI Prudential Bluechip Fund
Growth Launch Date 23 May 08 NAV (10 Jan 25) ₹102.17 ↓ -0.74 (-0.72 %) Net Assets (Cr) ₹63,938 on 30 Nov 24 Category Equity - Large Cap AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.69 Sharpe Ratio 1.66 Information Ratio 1.16 Alpha Ratio 4.47 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 31 Dec 19 ₹10,000 31 Dec 20 ₹11,349 31 Dec 21 ₹14,659 31 Dec 22 ₹15,664 31 Dec 23 ₹19,955 31 Dec 24 ₹23,322 Returns for ICICI Prudential Bluechip Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jul 23 Duration Returns 1 Month -5.3% 3 Month -6.4% 6 Month -3.5% 1 Year 14.9% 3 Year 14.8% 5 Year 18% 10 Year 15 Year Since launch 15% Historical performance (Yearly) on absolute basis
Year Returns 2023 16.9% 2022 27.4% 2021 6.9% 2020 29.2% 2019 13.5% 2018 9.8% 2017 -0.8% 2016 32.7% 2015 7.7% 2014 -0.2% Fund Manager information for ICICI Prudential Bluechip Fund
Name Since Tenure Anish Tawakley 5 Sep 18 6.33 Yr. Vaibhav Dusad 18 Jan 21 3.96 Yr. Sharmila D’mello 31 Jul 22 2.42 Yr. Data below for ICICI Prudential Bluechip Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 28.45% Industrials 10.43% Consumer Cyclical 9.71% Technology 8.06% Energy 8% Basic Materials 7.42% Consumer Defensive 5.52% Health Care 4.76% Communication Services 4.37% Utility 3.48% Real Estate 1.25% Asset Allocation
Asset Class Value Cash 8.56% Equity 91.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK9% ₹5,845 Cr 32,542,194
↑ 1,197,206 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 08 | ICICIBANK8% ₹5,268 Cr 40,518,440 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 12 | LT7% ₹4,248 Cr 11,404,422 Infosys Ltd (Technology)
Equity, Since 30 Nov 10 | INFY5% ₹3,116 Cr 16,770,859 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE4% ₹2,820 Cr 21,819,559
↑ 485,945 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 09 | BHARTIARTL4% ₹2,792 Cr 17,160,857
↑ 653,740 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | AXISBANK4% ₹2,665 Cr 23,450,184
↑ 809,470 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 16 | MARUTI4% ₹2,625 Cr 2,370,209
↑ 47,064 UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Sep 17 | ULTRACEMCO4% ₹2,565 Cr 2,289,780
↑ 125,047 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Jul 15 | SUNPHARMA3% ₹1,792 Cr 10,062,064 5. DSP BlackRock TOP 100 Equity
CAGR/Annualized
return of 19% since its launch. Ranked 60 in Large Cap
category. Return for 2024 was 20.5% , 2023 was 26.6% and 2022 was 1.4% . DSP BlackRock TOP 100 Equity
Growth Launch Date 10 Mar 03 NAV (10 Jan 25) ₹442.552 ↓ -4.35 (-0.97 %) Net Assets (Cr) ₹4,530 on 30 Nov 24 Category Equity - Large Cap AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 2.08 Sharpe Ratio 1.76 Information Ratio 0.44 Alpha Ratio 6.31 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,749 31 Dec 21 ₹12,848 31 Dec 22 ₹13,033 31 Dec 23 ₹16,502 31 Dec 24 ₹19,884 Returns for DSP BlackRock TOP 100 Equity
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jul 23 Duration Returns 1 Month -4.6% 3 Month -5.8% 6 Month -0.7% 1 Year 18.5% 3 Year 14.1% 5 Year 14.2% 10 Year 15 Year Since launch 19% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.5% 2022 26.6% 2021 1.4% 2020 19.5% 2019 7.5% 2018 14.8% 2017 -2.7% 2016 26.5% 2015 4.9% 2014 -2.3% Fund Manager information for DSP BlackRock TOP 100 Equity
Name Since Tenure Abhishek Singh 1 Jun 22 2.59 Yr. Data below for DSP BlackRock TOP 100 Equity as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 44.39% Consumer Cyclical 13.58% Health Care 9.24% Technology 7.27% Consumer Defensive 5.56% Utility 3.03% Basic Materials 2.68% Energy 2.07% Communication Services 1.09% Industrials 0.6% Asset Allocation
Asset Class Value Cash 10.44% Equity 89.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 16 | ICICIBANK10% ₹442 Cr 3,399,505
↑ 89,060 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK10% ₹439 Cr 2,446,354 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | M&M6% ₹256 Cr 863,416 ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 21 | ITC6% ₹252 Cr 5,282,635 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Jun 22 | BAJFINANCE5% ₹226 Cr 343,431 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | AXISBANK4% ₹201 Cr 1,770,802 State Bank of India (Financial Services)
Equity, Since 30 Nov 22 | SBIN4% ₹199 Cr 2,369,151 SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 17 | SBILIFE4% ₹164 Cr 1,142,741 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 24 | KOTAKBANK3% ₹157 Cr 889,249 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 19 | HCLTECH3% ₹139 Cr 754,575 6. BNP Paribas Large Cap Fund
CAGR/Annualized
return of 16.2% since its launch. Ranked 38 in Large Cap
category. Return for 2024 was 20.1% , 2023 was 24.8% and 2022 was 4.2% . BNP Paribas Large Cap Fund
Growth Launch Date 23 Sep 04 NAV (10 Jan 25) ₹211.766 ↓ -1.57 (-0.74 %) Net Assets (Cr) ₹2,403 on 30 Nov 24 Category Equity - Large Cap AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.11 Sharpe Ratio 1.71 Information Ratio 0.91 Alpha Ratio 5.46 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 31 Dec 19 ₹10,000 31 Dec 20 ₹11,684 31 Dec 21 ₹14,264 31 Dec 22 ₹14,864 31 Dec 23 ₹18,551 31 Dec 24 ₹22,281 Returns for BNP Paribas Large Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jul 23 Duration Returns 1 Month -5.6% 3 Month -7.8% 6 Month -4.8% 1 Year 17% 3 Year 13.8% 5 Year 16.5% 10 Year 15 Year Since launch 16.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.1% 2022 24.8% 2021 4.2% 2020 22.1% 2019 16.8% 2018 17.2% 2017 -4% 2016 37% 2015 -5.5% 2014 5.6% Fund Manager information for BNP Paribas Large Cap Fund
Name Since Tenure Jitendra Sriram 16 Jun 22 2.55 Yr. Kushant Arora 21 Oct 24 0.2 Yr. Data below for BNP Paribas Large Cap Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 24.59% Consumer Cyclical 12.81% Technology 10.65% Energy 8.38% Consumer Defensive 8.09% Industrials 7.04% Health Care 5.44% Basic Materials 4.7% Utility 4.5% Communication Services 2.44% Asset Allocation
Asset Class Value Cash 6.59% Equity 92.93% Debt 0.48% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK7% ₹175 Cr 972,000
↑ 18,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 12 | ICICIBANK7% ₹166 Cr 1,278,000
↑ 18,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 17 | RELIANCE5% ₹126 Cr 972,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 20 | LT4% ₹101 Cr 270,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 18 | TCS4% ₹92 Cr 215,239 ITC Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | ITC3% ₹75 Cr 1,575,000 Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY3% ₹69 Cr 369,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jan 21 | TRENT3% ₹64 Cr 93,600 NTPC Ltd (Utilities)
Equity, Since 31 May 22 | NTPC3% ₹62 Cr 1,710,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 29 Feb 08 | BHARTIARTL2% ₹59 Cr 360,000 7. L&T India Large Cap Fund
CAGR/Annualized
return of 10% since its launch. Ranked 56 in Large Cap
category. . L&T India Large Cap Fund
Growth Launch Date 23 Oct 07 NAV (25 Nov 22) ₹42.242 ↑ 0.02 (0.04 %) Net Assets (Cr) ₹758 on 31 Oct 22 Category Equity - Large Cap AMC L&T Investment Management Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.48 Sharpe Ratio -0.1 Information Ratio -1.05 Alpha Ratio -2.34 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 31 Dec 19 ₹10,000 31 Dec 20 ₹11,306 31 Dec 21 ₹14,076 Returns for L&T India Large Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jul 23 Duration Returns 1 Month 2.1% 3 Month 4.4% 6 Month 16.7% 1 Year 2.9% 3 Year 13.6% 5 Year 10.5% 10 Year 15 Year Since launch 10% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for L&T India Large Cap Fund
Name Since Tenure Data below for L&T India Large Cap Fund as on 31 Oct 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 8. Aditya Birla Sun Life Frontline Equity Fund
CAGR/Annualized
return of 19.1% since its launch. Ranked 14 in Large Cap
category. Return for 2024 was 15.6% , 2023 was 23.1% and 2022 was 3.5% . Aditya Birla Sun Life Frontline Equity Fund
Growth Launch Date 30 Aug 02 NAV (10 Jan 25) ₹492.76 ↓ -4.13 (-0.83 %) Net Assets (Cr) ₹29,323 on 30 Nov 24 Category Equity - Large Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.67 Sharpe Ratio 1.4 Information Ratio 0.28 Alpha Ratio 1.4 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 31 Dec 19 ₹10,000 31 Dec 20 ₹11,422 31 Dec 21 ₹14,609 31 Dec 22 ₹15,126 31 Dec 23 ₹18,616 31 Dec 24 ₹21,514 Returns for Aditya Birla Sun Life Frontline Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jul 23 Duration Returns 1 Month -4.4% 3 Month -6.3% 6 Month -2.7% 1 Year 14.7% 3 Year 12.7% 5 Year 16.4% 10 Year 15 Year Since launch 19.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 15.6% 2022 23.1% 2021 3.5% 2020 27.9% 2019 14.2% 2018 7.6% 2017 -2.9% 2016 30.6% 2015 7.4% 2014 1.1% Fund Manager information for Aditya Birla Sun Life Frontline Equity Fund
Name Since Tenure Mahesh Patil 17 Nov 05 19.14 Yr. Dhaval Joshi 21 Nov 22 2.11 Yr. Data below for Aditya Birla Sun Life Frontline Equity Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 31.02% Consumer Cyclical 12.97% Technology 9.8% Industrials 9.36% Consumer Defensive 7.22% Health Care 6.14% Energy 5.87% Basic Materials 5.11% Communication Services 4.64% Utility 2.67% Real Estate 1.81% Asset Allocation
Asset Class Value Cash 2.71% Equity 97.08% Debt 0.21% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 07 | HDFCBANK8% ₹2,279 Cr 12,689,852
↓ -1,050,771 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK8% ₹2,259 Cr 17,378,292 Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY6% ₹1,864 Cr 10,033,663 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 08 | LT5% ₹1,452 Cr 3,898,215 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 05 | RELIANCE5% ₹1,394 Cr 10,787,510 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL4% ₹1,035 Cr 6,360,389
↓ -250,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | M&M3% ₹920 Cr 3,103,365 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 13 | AXISBANK3% ₹880 Cr 7,747,062 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 08 | ITC3% ₹785 Cr 16,471,144 NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | NTPC3% ₹781 Cr 21,468,779 9. Edelweiss Large Cap Fund
CAGR/Annualized
return of 14.2% since its launch. Ranked 66 in Large Cap
category. Return for 2024 was 14.6% , 2023 was 25.7% and 2022 was 3.4% . Edelweiss Large Cap Fund
Growth Launch Date 20 May 09 NAV (10 Jan 25) ₹79.6 ↓ -0.70 (-0.87 %) Net Assets (Cr) ₹1,100 on 30 Nov 24 Category Equity - Large Cap AMC Edelweiss Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.36 Sharpe Ratio 1.3 Information Ratio 0.44 Alpha Ratio 0.1 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 31 Dec 19 ₹10,000 31 Dec 20 ₹11,729 31 Dec 21 ₹14,472 31 Dec 22 ₹14,960 31 Dec 23 ₹18,808 31 Dec 24 ₹21,559 Returns for Edelweiss Large Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jul 23 Duration Returns 1 Month -5.1% 3 Month -7.3% 6 Month -4.2% 1 Year 12.8% 3 Year 12.3% 5 Year 15.9% 10 Year 15 Year Since launch 14.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 14.6% 2022 25.7% 2021 3.4% 2020 23.4% 2019 17.3% 2018 11.5% 2017 1.7% 2016 33.8% 2015 0.4% 2014 0.8% Fund Manager information for Edelweiss Large Cap Fund
Name Since Tenure Bhavesh Jain 2 May 17 7.67 Yr. Bharat Lahoti 1 Oct 21 3.25 Yr. Data below for Edelweiss Large Cap Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 32.8% Technology 11.14% Health Care 10.58% Consumer Cyclical 10.29% Consumer Defensive 7.93% Industrials 7.77% Energy 6.42% Basic Materials 4.39% Communication Services 3.21% Utility 2.79% Asset Allocation
Asset Class Value Cash 2.68% Equity 97.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | ICICIBANK8% ₹86 Cr 661,958
↑ 42,559 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK7% ₹78 Cr 431,746 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 10 | LT4% ₹45 Cr 121,338
↑ 11,045 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 10 | RELIANCE4% ₹43 Cr 336,114 Infosys Ltd (Technology)
Equity, Since 30 Nov 10 | INFY3% ₹38 Cr 206,849 ITC Ltd (Consumer Defensive)
Equity, Since 31 Dec 10 | ITC3% ₹37 Cr 766,588 Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 15 | TCS3% ₹36 Cr 84,777
↑ 21,322 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | AXISBANK3% ₹31 Cr 275,637
↑ 88,439 NTPC Ltd (Utilities)
Equity, Since 30 Nov 21 | NTPC3% ₹31 Cr 845,075 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Aug 21 | BAJFINANCE3% ₹31 Cr 46,418
↑ 17,327 10. Invesco India Largecap Fund
CAGR/Annualized
return of 13% since its launch. Ranked 39 in Large Cap
category. Return for 2024 was 20% , 2023 was 27.8% and 2022 was -3% . Invesco India Largecap Fund
Growth Launch Date 21 Aug 09 NAV (10 Jan 25) ₹65.8 ↓ -0.62 (-0.93 %) Net Assets (Cr) ₹1,317 on 30 Nov 24 Category Equity - Large Cap AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.21 Sharpe Ratio 1.73 Information Ratio 0.26 Alpha Ratio 5.87 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 31 Dec 19 ₹10,000 31 Dec 20 ₹11,405 31 Dec 21 ₹15,115 31 Dec 22 ₹14,664 31 Dec 23 ₹18,739 31 Dec 24 ₹22,486 Returns for Invesco India Largecap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jul 23 Duration Returns 1 Month -6% 3 Month -6% 6 Month -2.1% 1 Year 17.3% 3 Year 12.2% 5 Year 16.9% 10 Year 15 Year Since launch 13% Historical performance (Yearly) on absolute basis
Year Returns 2023 20% 2022 27.8% 2021 -3% 2020 32.5% 2019 14.1% 2018 10.5% 2017 -0.4% 2016 28.3% 2015 2.8% 2014 4.6% Fund Manager information for Invesco India Largecap Fund
Name Since Tenure Amit Nigam 3 Sep 20 4.33 Yr. Hiten Jain 1 Dec 23 1.09 Yr. Data below for Invesco India Largecap Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 30.33% Consumer Cyclical 15.57% Technology 12.9% Industrials 12.13% Consumer Defensive 8.77% Health Care 6.29% Energy 5.92% Communication Services 2.86% Basic Materials 1.75% Utility 0.79% Asset Allocation
Asset Class Value Cash 1.66% Equity 98.34% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 09 | HDFCBANK9% ₹118 Cr 657,376
↑ 33,660 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | ICICIBANK8% ₹105 Cr 809,462 Infosys Ltd (Technology)
Equity, Since 30 Apr 18 | INFY5% ₹65 Cr 349,212 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 24 | TCS4% ₹53 Cr 124,242 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE4% ₹52 Cr 406,047 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | AXISBANK4% ₹50 Cr 441,645 Tata Consumer Products Ltd (Consumer Defensive)
Equity, Since 31 Jul 24 | TATACONSUM3% ₹39 Cr 407,898 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL3% ₹38 Cr 231,311 Titan Co Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | TITAN3% ₹37 Cr 114,075 United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Dec 22 | UNITDSPR3% ₹36 Cr 237,920 11. IDFC Large Cap Fund
CAGR/Annualized
return of 11.3% since its launch. Ranked 57 in Large Cap
category. Return for 2024 was 18.7% , 2023 was 26.8% and 2022 was -2.3% . IDFC Large Cap Fund
Growth Launch Date 9 Jun 06 NAV (10 Jan 25) ₹72.217 ↓ -0.69 (-0.94 %) Net Assets (Cr) ₹1,760 on 30 Nov 24 Category Equity - Large Cap AMC IDFC Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.13 Sharpe Ratio 1.56 Information Ratio -0.18 Alpha Ratio 4.09 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 31 Dec 19 ₹10,000 31 Dec 20 ₹11,741 31 Dec 21 ₹14,882 31 Dec 22 ₹14,537 31 Dec 23 ₹18,429 31 Dec 24 ₹21,876 Returns for IDFC Large Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jul 23 Duration Returns 1 Month -4.8% 3 Month -6.4% 6 Month -2.6% 1 Year 16.1% 3 Year 12.1% 5 Year 16.4% 10 Year 15 Year Since launch 11.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 18.7% 2022 26.8% 2021 -2.3% 2020 26.8% 2019 17.4% 2018 10.6% 2017 -4.2% 2016 34.2% 2015 5.3% 2014 -5.7% Fund Manager information for IDFC Large Cap Fund
Name Since Tenure Manish Gunwani 2 Dec 24 0.08 Yr. Prateek Poddar 2 Dec 24 0.08 Yr. Ritika Behera 7 Oct 23 1.24 Yr. Gaurav Satra 7 Jun 24 0.57 Yr. Data below for IDFC Large Cap Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Financial Services 26.3% Technology 14.65% Consumer Cyclical 13.16% Consumer Defensive 12.22% Energy 6.97% Health Care 6.21% Industrials 5.57% Basic Materials 4.66% Communication Services 2.95% Utility 1.53% Real Estate 0.68% Asset Allocation
Asset Class Value Cash 5.1% Equity 94.9% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 07 | HDFCBANK9% ₹162 Cr 903,785 Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 07 | RELIANCE7% ₹123 Cr 949,386 Infosys Ltd (Technology)
Equity, Since 31 Aug 11 | INFY7% ₹119 Cr 639,789
↑ 19,229 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK7% ₹116 Cr 892,343 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS6% ₹97 Cr 227,357
↑ 8,506 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Apr 24 | M&M3% ₹53 Cr 179,331 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 24 | BHARTIARTL3% ₹52 Cr 318,963 Mankind Pharma Ltd (Healthcare)
Equity, Since 31 May 23 | MANKIND3% ₹51 Cr 198,575 Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Apr 23 | GRASIM3% ₹50 Cr 191,812 ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 22 | ITC2% ₹43 Cr 896,972
↑ 57,396
Large companies are well-established which means that they have more consistent Income. The large cap fund invests in companies that are large, have been around for many years, have a stable workforce and an establish product/service that generates revenue. That is why one of the greatest benefits of large cap stocks is the stability they provide.This reflects in the Portfolio of the large cap mutual fund and in its NAV too.
In long-term, though large-cap funds have lower returns than mid- and small-cap funds, the returns in large cap are more steady. The Volatility in mid-caps is much higher and one sees more periods of losses in mid caps than large caps. As an investor if one wants to invest in equities, then investing in large cap mutual funds could be a starting point.
Large cap funds are less volatile than mid- and small-cap funds. This has also been proven with historical data too. The image below has an analysis of Large Cap's average annual returns of last 15 years. This is done by using BSE Sensex as a proxy for large-cap and BSE mid-cap for mid-caps.
As the investments are made in large companies, these funds tend to have low-risk compared to mid- and small-cap funds. But, equities can lead to losses in the short run. Therefore, one should be prepared to see losses and not lose sleep over the same. If one does have a long holding period (at least more than 5 years) and follows certain basics of investing, then one can make good amount of profits.
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Since large cap funds invest in companies with big market capitalization, these firms have the size and scale to survive the bad markets and economic cycles. Therefore, investment in large caps is considered to be the safest of all equity mutual fund categories. However, one should always remember that the Underlying investment is equity and there are risks to it. While risks of large caps are relatively lower, the returns would also be steady and not exceptional returns during bull market phases. Investors who prefer moderate yet sustained returns with a certain degree of risk; can invest in the best large cap funds!
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