Large Cap Mutual Funds – Top Large Cap Mutual Funds

The table below shows a list Of the Large Cap Mutual Funds – Top Large Cap Mutual Funds Based on AUM, NAV, and minimum SIP.

Name	AUM (Cr)	NAV (Rs)	Minimum SIP (Rs)
ICICI Pru Bluechip Fund	62717.11	118.16	500
SBI BlueChip Fund	51243.71	99.77	5000
Mirae Asset Large Cap Fund	41352.17	123.74	100
HDFC Top 100 Fund	37080.92	1243.16	1500
Axis Bluechip Fund	35013.27	68.62	100
Nippon India Large Cap Fund	31800.96	97.94	100
Aditya Birla SL Frontline Equity Fund	30308.91	572.16	100
Canara Rob Bluechip Equity Fund	14528.68	70.35	100
UTI Large Cap Fund	13594.60	299.25	1500
Kotak Bluechip Fund	9292.36	644.91	100

Introduction To Large Cap Mutual Funds  

ICICI Prudential Bluechip Fund

ICICI Prudential Bluechip Fund is a Large Cap mutual fund scheme from ICICI Prudential Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on January 1, 2013.

ICICI Pru Bluechip Fund is categorized under Large Cap Fund, with an AUM of ₹62,717.11 Crores and a 5-year CAGR of 22.92%. The exit load is 1%, and the expense ratio is 0.87%. SEBI categorizes the fund’s risk as Very High. The asset allocation is: Treasury Bills 0.41%, Rights 1.21%, Cash & Equivalents 9.32%, and Equity 89.06%.

SBI Bluechip Fund

SBI Bluechip Fund is a Large Cap mutual fund scheme from SBI Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on January 1, 2013.

SBI BlueChip Fund is categorized under Large Cap Fund, with an AUM of ₹51,243.71 Crores and a 5-year CAGR of 20.52%. The exit load is 1%, and the expense ratio is 0.80%. SEBI categorizes the fund’s risk as Very High. The asset allocation is: Treasury Bills 0.87%, Cash & Equivalents 3.88%, and Equity 95.25%.

Mirae Asset Large Cap Fund

Mirae Asset Large Cap Fund is a Large Cap mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on January 1, 2013.

Mirae Asset Large Cap Fund is categorized under Large Cap Fund, with an AUM of ₹41,352.17 Crores and a 5-year CAGR of 19.38%. The exit load is 1%, and the expense ratio is 0.53%. SEBI categorizes the fund’s risk as Very High. The asset allocation is Cash & Equivalents 0.46%, and Equity 99.54%.

HDFC Top 100 Fund

HDFC Top 100 Fund is a Large Cap mutual fund scheme from HDFC Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on January 1, 2013.

HDFC Top 100 Fund is categorized under Large Cap Fund, with an AUM of ₹37,080.92 Crores and a 5-year CAGR of 21.19%. The exit load is 1%, and the expense ratio is 1%. SEBI categorizes the fund’s risk as Very High. The asset allocation is: Cash & Equivalents 3.04% and Equity 96.96%.

Axis Bluechip Fund

Axis Bluechip Fund is a Large Cap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on January 1, 2013.

Axis Bluechip Fund is categorized under Large Cap Fund, with an AUM of ₹35,013.27 Crores and a 5-year CAGR of 17.31%. The exit load is 1%, and the expense ratio is 0.67%. SEBI categorizes the fund’s risk as Very High. The asset allocation is: Rights 0.01%, Mutual Funds 0.75%, Cash & Equivalents 4.40%, and Equity 94.84%.

Nippon India Large Cap Fund

Nippon India Large Cap Fund is a Large Cap mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on January 1, 2013.

Nippon India Large Cap Fund is categorized under Large Cap Fund, with an AUM of ₹31,800.96 Crores and a 5-year CAGR of 24.27%. The exit load is 1%, and the expense ratio is 0.68%. SEBI categorizes the fund’s risk as Very High. The asset allocation is Cash & Equivalents 1.19%, and Equity 98.81%.

Aditya Birla Sun Life Frontline Equity Fund

Aditya Birla Sun Life Frontline Equity Fund is a Large Cap mutual fund scheme from Aditya Birla Sun Life Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on January 1, 2013.

Aditya Birla SL Frontline Equity Fund is categorized under Large Cap Fund, with an AUM of ₹30,308.91 Crores and a 5-year CAGR of 20.93%. The exit load is 1%, and the expense ratio is 0.97%. SEBI categorizes the fund’s risk as Very High. The asset allocation is: Government Securities 0.07%, Treasury Bills 0.20%, Rights 0.39%, Cash & Equivalents 2.21%, and Equity 96.74%.

Canara Robeco Bluechip Equity Fund

Canara Robeco Bluechip Equity Fund is a Large Cap mutual fund scheme from Canara Robeco Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on January 1, 2013.

Canara Rob Bluechip Equity Fund is categorized under Large Cap Fund, with an AUM of ₹14,528.68 Crores and a 5-year CAGR of 22.79%. The exit load is 1%, and the expense ratio is 0.46%. SEBI categorizes the fund’s risk as Very High. The asset allocation is: Cash & Equivalents 3.58% and Equity 96.42%.

UTI Large Cap Fund

UTI Large Cap Fund is a Large Cap mutual fund scheme from UTI Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on January 1, 2013.

UTI Large Cap Fund is categorized under Large Cap Fund, with an AUM of ₹13,594.60 Crores and a 5-year CAGR of 20.03%. The exit load is 1%, and the expense ratio is 0.90%. SEBI categorizes the fund’s risk as Very High. The asset allocation is: Treasury Bills 0.47%, Cash & Equivalents 3.40%, and Equity 96.13%.

Kotak Bluechip Fund

Kotak Bluechip Fund is a Large Cap mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on January 1, 2013.

Kotak Bluechip Fund is categorized under Large Cap Fund, with an AUM of ₹9,292.36 Crores and a 5-year CAGR of 22.24%. The exit load is 1%, and the expense ratio is 0.59%. SEBI categorizes the fund’s risk as Very High. The asset allocation is: Rights 0.11%, Mutual Funds 0.76%, Cash & Equivalents 3.41%, and Equity 95.72%.

Large Cap Mutual Funds Meaning

Large Cap Mutual Funds are equity mutual funds that primarily invest in stocks of large-sized companies, typically ranked among the top 100 in terms of market capitalization. These funds aim to provide stable returns by investing in well-established, financially sound companies with a proven track record.

Large Cap funds focus on blue-chip companies that are leaders in their respective industries. These companies are known for their stability, strong balance sheets, and ability to withstand economic downturns.

While Large Cap funds may not offer the highest growth potential, they are generally considered less risky compared to mid-cap or small-cap funds. They are suitable for investors seeking relatively stable returns with moderate risk.

Features Of Best Large Cap Mutual Funds In India

The main features of the best Large Cap Mutual Funds in India include investment in the top 100 companies by market capitalization, relatively lower risk, potential for stable returns, high liquidity, and professional management. These funds offer exposure to well-established companies with strong market positions.

• Blue-chip focus: Large Cap funds primarily invest in the top 100 companies by market capitalization, which are often industry leaders with strong financial positions and established business models.

• Lower volatility: Compared to mid-cap or small-cap funds, Large Cap funds generally experience lower price volatility, making them suitable for risk-averse investors seeking more stable returns.

• Liquidity: Stocks of large-cap companies are typically highly liquid, allowing fund managers to easily buy or sell large quantities without significantly impacting stock prices.

• Dividend potential: Many large-cap companies have a history of paying regular dividends, which can provide a steady income stream for the fund and potentially enhance overall returns.

Top Large Cap Mutual Funds

The table below shows the Top Large Cap Mutual Funds Based on the lowest to highest expense ratio.

Name	Expense Ratio (%)	Minimum SIP (Rs)
Canara Rob Bluechip Equity Fund	0.46	100
Mirae Asset Large Cap Fund	0.53	100
Kotak Bluechip Fund	0.59	100
Axis Bluechip Fund	0.67	100
Nippon India Large Cap Fund	0.68	100
SBI BlueChip Fund	0.8	5000
ICICI Pru Bluechip Fund	0.87	500
UTI Large Cap Fund	0.9	1500
Aditya Birla SL Frontline Equity Fund	0.97	100
HDFC Top 100 Fund	1	1500

Best Large Cap Mutual Funds

The table below shows the Best Large Cap Mutual Funds based on the Highest 3Y CAGR.

Name	CAGR 3Y (Cr)	Minimum SIP (Rs)
Nippon India Large Cap Fund	25.26	100
HDFC Top 100 Fund	22.79	1500
ICICI Pru Bluechip Fund	22.06	500
Aditya Birla SL Frontline Equity Fund	18.31	100
Kotak Bluechip Fund	18.17	100
SBI BlueChip Fund	17.53	5000
Canara Rob Bluechip Equity Fund	17.31	100
UTI Large Cap Fund	15.51	1500
Mirae Asset Large Cap Fund	15.49	100
Axis Bluechip Fund	11.92	100

Top 10 Large Cap Mutual Funds

The table below shows the Top 10 Large Cap Mutual Funds Based on exit load, i.e., the fee that the AMC charges investors when they exit or redeem their fund units.

Name	AMC	Exit Load (%)
Nippon India Large Cap Fund	Nippon Life India Asset Management Limited	1
HDFC Top 100 Fund	HDFC Asset Management Company Limited	1
ICICI Pru Bluechip Fund	ICICI Prudential Asset Management Company Limited	1
Aditya Birla SL Frontline Equity Fund	Aditya Birla Sun Life AMC Limited	1
Kotak Bluechip Fund	Kotak Mahindra Asset Management Company Limited	1
SBI BlueChip Fund	SBI Funds Management Limited	1
Canara Rob Bluechip Equity Fund	Canara Robeco Asset Management Company Limited	1
UTI Large Cap Fund	UTI Asset Management Company Private Limited	1
Mirae Asset Large Cap Fund	Mirae Asset Investment Managers (India) Private Limited	1
Axis Bluechip Fund	Axis Asset Management Company Ltd.	1

Large Cap Mutual Funds Returns

The table below shows Large Cap Mutual Funds Returns Based on 1 Year returns.

Name	Absolute Returns – 1Y (%)	Minimum SIP (Rs)
ICICI Pru Bluechip Fund	40.60	500
Nippon India Large Cap Fund	38.05	100
HDFC Top 100 Fund	36.73	1500
Kotak Bluechip Fund	36.66	100
Canara Rob Bluechip Equity Fund	35.60	100
Aditya Birla SL Frontline Equity Fund	35.26	100
Axis Bluechip Fund	32.80	100
UTI Large Cap Fund	32.05	1500
SBI BlueChip Fund	29.38	5000
Mirae Asset Large Cap Fund	28.65	100

Historical Performance Of Top Large Cap Mutual Funds

The table below shows the Historical Performance of Top Large Cap Mutual Funds Based on 5 Year return.

Name	CAGR 5Y (Cr)	Minimum SIP (Rs)
Nippon India Large Cap Fund	24.27	100
ICICI Pru Bluechip Fund	22.92	500
Canara Rob Bluechip Equity Fund	22.79	100
Kotak Bluechip Fund	22.24	100
HDFC Top 100 Fund	21.19	1500
Aditya Birla SL Frontline Equity Fund	20.93	100
SBI BlueChip Fund	20.52	5000
UTI Large Cap Fund	20.03	1500
Mirae Asset Large Cap Fund	19.38	100
Axis Bluechip Fund	17.31	100

Factors To Consider When Investing In Best Large Cap Mutual Funds 2024

When investing in the best Large Cap Mutual Funds, consider the fund’s historical performance, expense ratio, fund manager’s expertise, portfolio composition, and your risk tolerance. Also, evaluate the fund’s investment strategy and its alignment with your financial goals.

• Historical performance: Analyze the fund’s past returns over various time periods (1-year, 3-year, and 5-year) and compare them with its benchmark index and category average. Look for consistent performance rather than just short-term gains.

• Expense ratio: Compare expense ratios across different large-cap funds. A lower expense ratio can contribute to better overall returns, but also consider the fund’s performance and strategy.

• Fund manager expertise: Evaluate the fund manager’s experience and track record in managing large-cap funds. Their ability to select top-performing large-cap stocks is crucial for fund performance.

• Portfolio composition: Examine the fund’s sector allocation and top holdings. Ensure the fund maintains a true large-cap focus and is sufficiently diversified across sectors.

• Risk measures: Assess risk metrics such as standard deviation and Sharpe ratio. These indicators can help you understand the fund’s volatility and risk-adjusted returns.

How To Invest In Large Cap Mutual Funds? 

To invest in Large Cap Mutual Funds, start by researching and comparing different funds based on their performance, expense ratios, and investment strategies. Once you’ve selected a fund that aligns with your financial goals and risk tolerance, you can invest through Alice Blue.

Alice Blue is a user-friendly online investment platform that provides tools and resources to help you make informed investment decisions. You can choose to invest a lump sum amount or opt for a Systematic Investment Plan (SIP), which allows you to invest a fixed amount regularly.

For most investors, a SIP is recommended as it helps in rupee cost averaging and reduces the impact of market volatility on your investment over time. Remember to review and rebalance your investment periodically to ensure it remains aligned with your financial goals.

Impact Of Market Trends On Top Performing Large Cap Mutual Funds

Market trends significantly influence Large Cap Mutual Funds, although to a lesser extent compared to mid-cap or small-cap funds. These funds tend to be more resilient to market fluctuations due to their focus on well-established companies. During periods of economic stability, large-cap stocks often provide steady returns.

However, in times of significant market upheaval or economic shifts, even large-cap stocks can be affected. The performance of Large Cap Mutual Funds can also be influenced by sector-specific trends, as many large-cap companies are major players in their respective industries.

How Large Cap Mutual Funds Perform In Volatile Markets?

Large Cap Mutual Funds generally demonstrate more stability during volatile markets compared to mid-cap or small-cap funds. The well-established companies in their portfolios often have strong financial positions and diverse revenue streams, which can help them weather economic downturns better.

However, they are not immune to market volatility. During severe market corrections, large-cap funds may also experience declines, albeit usually less severe than smaller-cap funds. The fund manager’s skill in selecting resilient stocks and maintaining a well-diversified portfolio can help mitigate some of the volatility.

Large Cap Mutual Funds Benefits

The main benefits of Large Cap Mutual Funds include the potential for stable returns, lower volatility, high liquidity, and exposure to established companies. These funds offer a balance between growth potential and stability, making them suitable for various investor profiles.

• Stability: Large-cap funds invest in well-established companies with proven track records, potentially offering more stable returns compared to mid-cap or small-cap funds.

• Lower volatility: These funds generally experience less price fluctuation compared to funds focusing on smaller companies, making them suitable for risk-averse investors.

• Liquidity: Large-cap stocks are typically highly liquid, allowing easier entry and exit from investments without significantly impacting stock prices.

• Dividend potential: Many large-cap companies have a history of paying regular dividends, which can provide a steady income stream and potentially enhance overall returns.

Risks Of Investing In Large Cap Mutual Funds

The main risks of investing in Large Cap Mutual Funds include limited growth potential, market risk, concentration risk, and potential for underperformance in certain market conditions. While generally considered less risky, these funds are not without potential drawbacks.

• Limited growth potential: Large-cap companies may have limited room for rapid growth compared to smaller companies, potentially leading to lower returns in strong bull markets.

• Market risk: While less volatile, large-cap stocks are still subject to overall market risks and can decline in value during market downturns.

• Concentration risk: Some large-cap funds may have significant exposure to a few top companies or sectors, which can impact performance if these specific areas underperform.

• Potential for underperformance: In periods where smaller companies outperform, large-cap funds may lag behind mid-cap or small-cap funds in terms of returns.

Contribution Of Large Cap Mutual Funds To Portfolio Diversification

Large Cap Mutual Funds contribute significantly to portfolio diversification by providing exposure to well-established, financially sound companies. These funds invest in industry leaders that form the backbone of the economy, offering stability and potential for steady returns in a diversified investment portfolio.

By including Large-cap funds alongside mid-cap and small-cap investments, investors can create a balanced equity portfolio. This diversification can help manage overall portfolio risk, as large-cap stocks often demonstrate more stability during market downturns compared to smaller companies.

Who Should Invest In Large Cap Mutual Funds?

Large Cap Mutual Funds are suitable for investors seeking relatively stable returns with moderate risk. They are ideal for conservative investors, first-time equity investors, or those nearing retirement who want to maintain some equity exposure while minimizing risk.

These funds can be appropriate for investors looking for long-term wealth creation with lower volatility compared to mid-cap or small-cap funds. They’re also suitable for those who want exposure to blue-chip companies but lack the time or expertise to invest directly in stocks.

Large Cap Mutual Funds Taxation

Large Cap Mutual Funds are taxed as equity mutual funds in India. For holding periods up to 1 year, gains are considered short-term capital gains and taxed at 15%. For holding periods over 1 year, long-term capital gains up to ₹1 lakh per financial year are tax-free.

Long-term capital gains exceeding ₹1 lakh are taxed at 10% without indexation benefits. It’s important to note that these tax rates are subject to change based on government policies. The tax efficiency of equity funds like Large Cap funds can make them attractive for long-term investors.

Impact Of Fund Manager Expertise On Large Cap Mutual Funds Performance

The expertise of the fund manager plays a significant role in the performance of Large Cap Mutual Funds. A skilled manager can add value through their ability to select top-performing large-cap stocks and make timely adjustments to the portfolio based on market conditions.

The manager’s expertise in analyzing company fundamentals, understanding sector dynamics, and interpreting macroeconomic trends is crucial. Their decisions on stock selection, sector allocation, and portfolio rebalancing can greatly influence the fund’s ability to outperform its benchmark and manage risks effectively.

FAQs – Top Large Cap Mutual Funds

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.