Top Performing Large Cap Mutual Funds In 1-Yr: 3 Schemes Offering Up To 24% SIP Returns

Direct plans of nearly top 5 large cap schemes generated more than 17% annualised returns in last 1-year period. It is worth mentioning here that the regular plans of the 4 schemes also offered over 15% return to investors in the last 1-year tenure, according to data available on Association of Mutual Funds in India (AMFI) as on August 1, 2023. The direct and regular plans of the 4 best performing large cap mutual funds managed to beat their respective benchmark indices in last 1-year, as per the data available. Given below are the top performing large cap mutual funds, as per AMFI website data tracked till August 1, 2023:

1. Nippon India Large Cap Fund: Large Cap Fund: It has nearly 98.5% investment in domestic equities of which 71.73% is in large cap stocks, 11.02% is in mid cap stocks, and remaining 1.39% is in small cap stocks. It is ideal for investors who desire to invest money for approximately 3-4 years and yearn to achieve high returns. Investors must also be prepared for possibility of moderate losses. It has got 5-star Crisil ranking.

It is worth noting that the direct plan of Nippon India Large Cap Fund has offered 24.95% returns in last 1-year till August 1, 2023. Meanwhile, the regular plan of the scheme offered 23.92 return. It tracks S&P BSE 100 TRI (Total Return Index) that offered 15.12% return.

When it comes to its Risk-O-Meter, it shows very high. The top holdings of Nippon India Large Cap Fund-Direct plan include Reliance, ICICI Bank, HDFC Bank, Housing Development Finance Corporation, and Larsen & Toubro, among others.

2. HDFC Top 100 Fund: Its regular plan delivered 20.80% return and direct plan offered 21.51% return in last 1-year. It tracks Nifty 100 TRI that gave return of 12.75%. The Risk-0-Meter of the fund is very high. It is appropriate for investors who are planning to invest money for nearly 3-4 years and desire high returns. Investors should be prepared for moderate losses when they plan to invest in this fund. The fund has received 5-star Crisil ranking.

The top holdings of HDFC Top 100 Fund include ICICI Bank, HDFC Bank, Reliance, ITC, and Infosys, among others.

HDFC Top 100 Fund has got 92.63% investment in domestic equities of which 74.78% is in Large Cap stocks and 7.75% is in Mid Cap stocks.

3. Edelweiss Large Cap Fund: Its direct plan fetched 20.34% return in last 1-year while the regular plan offered 18.49% return in last 1-year tenure. It tracks Nifty 100 TRI that delivered 12.75% return.

With very high Risk-O-Meter, that fund has got 5-star Crisil ranking. It is fit for investors who seek to invest their money for nearly 3-4 years and looking for high returns. It is worth mentioning here that the large cap fund has nearly 91.22% investment in domestic equities of which 73.46% remain in large cap stocks, 12.23% remain in mid cap stocks, and 1.87% in small cap stocks.

Top holdings of Edelweiss Large Cap Fund include Housing Development Finance Corporation, ICICI Bank, Reliance, ITC, and Larsen & Toubro, among others.

Disclaimer: The above three mutual fund schemes has been picked based on CRISIL rating. Investors should note Mutual fund investments are subject to market risk. Read all scheme-related Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article