Large cap mutual funds invest at least x%money in companies having large market capitalization more than xx crores and. The companies that come under large cap mutual are primarily leaders in their space and hence tend to remain stable in comparison to small or mid-cap companies even if the markets are volatile. The large cap companies have a good track record in the market and thus are less susceptible to ups and downs of the volatile markets. Moreover, they are backed by healthy corporate governance practices, which is an added advantage.
Large Cap Mutual Funds are suitable for those looking to diversify their portfolio with the stocks of leading companies across market sectors. In cases where one sector fails to perform or meet the expected results, other sectors might help in diminishing the adverse effects by balancing. Looking at the other side, as these companies are stable, they tend to provide lower returns as compared to small and mid-cap companies.
Here is the list of top 5 large cap mutual funds which look bright for investment in 2022:
Quant Focused Fund Direct-Growth:
This fund has given 22.73% annualized returns in the past three years. The fund size is about 96.67 Cr. with an expense ratio of 0.57%. The minimum amount required to invest in Quant Focused Fund Direct-Growth via SIP is ₹1000.
IDBI India Top 100 Equity Fund Direct-Growth:
This fund has given 19.95% annualized returns in the past three years. The fund size is about 543.52 Cr. with an expense ratio of 1.30%. The minimum amount required to invest in IDBI India Top 100 Equity Fund Direct-Growth via SIP is ₹500.
DSP Nifty 50 Equal Weight Index Fund Direct – Growth:
This fund has given 19.05% annualized returns in the past three years. The fund size is about 330.91 Cr. with an expense ratio of 0.39%. The minimum amount required to invest in DSP Nifty 50 Equal Weight Index Fund Direct – Growth via SIP is ₹500.
Canara Robeco Bluechip Equity Fund Direct-Growth:
This fund has given 19.92% annualized returns in the past three years. The fund size is about 6824.39 Cr. with an expense ratio of 0.38%. The minimum amount required to invest in Canara Robeco Bluechip Equity Fund Direct-Growth via SIP is ₹1000.
Kotak Bluechip Fund Direct-Growth:
This fund has given 18.94 annualized returns in the past three years. The fund size is about 4217.00 Cr. with an expense ratio of 0.78%. The minimum amount required to invest in Kotak Bluechip Fund Direct-Growth via SIP is ₹100.
