Large Cap Mutual Funds – An Introduction
Large cap mutual funds are equity funds which invest a bigger proportion of their (total) assets in companies having a large market capitalization. Also, these companies are highly reputed & have an excellent track record of generating wealth for their investors over a span of long period. In short, large cap mutual funds are well known to generate regular dividends & steady compounding of wealth. Talking about risk, these funds carry a low risk as compared to the small or mid cap companies. Investors looking for a long-term investment horizon and low risk-appetite can opt for these funds.
Features of Large Cap Funds
Here:
- It is important to know the expense ratio of the scheme.
- Not for short-term investors.
- Before opting for large cap mutual funds, it’s important to know the risk & return. If you are looking for stable returns, these funds are good to go.
- Try to consider your financial goals.
Top 5 Large Cap Mutual Funds by Gulaq
Take a look:
- Axis Bluechip Fund: It is an equity mutual fund scheme that was launched by Axis mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Shreyash Devalkar. Talking about AUM, it is of INR 11,077 Cr, and the latest NAV is of INR 36.08. The fund growth is rated as moderately high-risk. Also, the minimum SIP investment is INR 500, and, lumpsum investment is INR 5000.
- Canara Robeco Bluechip Equity Fund: It is an equity mutual fund scheme that was launched by Canara Robeco mutual fund. Later on, it was introduced on 2nd Jan 2013 to its investors. Currently, the fund is managed by Shridatta Bhandwaldar, and Ravi Gopalakrishnan. Talking about AUM, it is of INR 330 Cr, and, the latest NAV is of INR 30.22. The fund growth is rated as moderately high-risk. Also, the minimum SIP investment is INR 1000, and, minimum lumpsum investment is INR 5000.
- BNP Paribas Large Cap Fund: It is an equity mutual fund scheme that was launched by BNP Paribas mutual fund. Later on, it was introduced on 23rd Sept 2004 to its investors. Currently, the fund is managed by Abhijeet Dey, and Karthikraj. Talking about AUM, it is of INR 827 Cr, and, the latest NAV is of INR 107.33 (dated as of 18th Feb 2020). The fund growth is rated as moderately high risk. Also, the minimum SIP investment amount is INR 500, and, lumpsum investment is INR 5000.
- Edelweiss Large Cap Fund: It is an equity mutual fund scheme that was launched by Edelweiss mutual fund. Later on, introduced on 8th Jan 2013 to its investors. Currently, the fund is managed by Bharat Lahoti. Talking about AUM, it is of INR 179 Cr, and the latest NAV is of INR 40.31 (dated as of 18h Feb 2020). The fund growth is rated as moderately high risk. Also, the minimum SIP investment is INR 500, and, lumpsum investment is INR 5000.
- JM Core 11 Fund: It is an equity mutual fund scheme that was launched by JM Financial mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Chaitanya Choksi, and Asit Bhandarkar. Talking about AUM, it is of INR 57 Cr, and the latest NAV is of INR 10.55 (dated as of 18th Feb 2020). The fund growth is rated as high risk. Also, the minimum SIP investment is INR 500, and lumpsum investment is INR 5000.
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*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.