Equity Mutual Funds have done well over the last few years. In fact, most have generated returns that are much higher than interest rates offered by banks.
Here are 10 best large cap mutual funds that have generated best returns in the last 3 years.
1. Axis Blue Chip Fund – Growth
A sum of Rs 1 lakh invested in Axis Blue Chip Fund three years ago is now Rs 1.7 lakhs, which means a solid performance in excess of 20 per cent each year. This is a fund that has got a 5-star rating from Crisil.
An investor can invest in the fund through a regular SIP every month of a small amount of Rs 500. The annualized three year returns from the fund has been a solid 20 per cent. Axis Blue Chip Fund has holdings in stocks like HDFC Bank, Reliance Industries, ICICI Bank.
The strong holdings of the scheme, is geared towards generating good returns in the years to come. Investors should look at this fund keeping in mind a long-term objective.
2. BNP Paribas Largecap Fund – Growth
A sum of Rs 1 lakh invested three years ago, would be Rs 1.54 lakh today at BNP Paribas Largecap Fund - Growth.
BNP Paribas Largecap fund has 4-star rating from Value Research online and a 5-star rating from Crisil. In fact, this is another fund that is known to have generated solid returns and is highly rated. The 3-year returns of 14.81 on an annualized basis is really very good.
The fund has holdings in stocks like HDFC Bank, ICICI Bank and Reliance Industries. The assets under management of the Fund is to the tune of Rs 813 crores.
The current net asset value under the growth option is Rs 96.68. Investors can invest in the BNP Paribas Largecap Fund through the SIP route.
3. SBI Blue Chip Fund – Growth
SBI Blue Chip Fund has a good track record when it comes to delivering returns. The fund has generated a 1 year returns of 11.34 per cent, while the 3 year returns is 10.79 per cent, which is not bad at all.
SBI Blue Chip Fund has a good robust portfolio including stocks like HDFC Bank, ICICI Bank and ITC, which are the top three stocks in its portfolio. The top 10 stocks account for nearly 47 per cent of the portfolio. One can invest through an SIP as well in SBI Blue Chip Fund. For those looking at investing for the long-term, SBI Blue Chip Fund is among the best large cap equity mutual funds.
4. ICICI Prudential Bluechip Fund
ICICI Prudential Bluechip Fund too has delivered good annualized returns of 9.32 per cent in 1 year and 3 year annualized returns of 12.22 per cent. The fund has assets under management of a staggering Rs 24,000 crores and is today among the top largecap mutual funds.
Top holdings of the fund include names like HDFC Bank and ICICI Bank. This is a large cap fund with almost 88 per cent of the portfolio geared towards large cap stocks. The SIP returns has also generated an annualized returns of 10.82 per cent.
ICICI Prudential Bluechip Fund being an equity mutual fund, the risk always exists.
5. Nippon India Large Cap Fund – Growth
In the last three years Rs 1 lakh has grown to Rs 1.45 lakhs, under the Nippon India Largecap Fund.
Nippon India Largecap Fund has a 4-star rating from Value Research Online and has consistently delivered good returns.
The net asset value of the fund is around the Rs 35 mark. The fund has generated a 3-year returns of 13.09 per cent on an annualized basis. Nippon India Large Cap Fund being a large Cap Fund has invested in big companies like State Bank, HDFC Bank and ICICI Bank, which are its top holdings. One can invest through the SIP route where the monthly investment amount is a small Rs 100. The fund was launched in Aug 2007.
6. Aditya Birla Sun Life Frontline Equity Fund – Growth
The 3 year returns from Aditya Birla Sun Life Frontline Equity Fund has been 10.07 per cent, while the 5 year returns is 7.94 per cent. The year to date returns has not been too good at -1.04 per cent.
HDFC Bank, ICICI Bank and Reliance Industries are the top three in the portfolio of the fund. Rs 1 lakh invested in the fund three years ago is now Rs 1.35 lakhs, which is not bad at all.
The fund has a long-standing track record and was launched way back in 2002.
7. Tata Large Cap Fund
This fund too has generated good returns and invests money in large cap stocks. An investor who invested Rs 1 lakh three years ago, has seen his investment grow to Rs 1.37 lakhs in last three years. The Minimum SIP under the plan is Rs 500.
Tata Large Cap has generated three year returns 10.87 per cent, while the 1 year returns are placed at 10.35 per cent.
Top 10 stocks translated into 65 per cent of the portfolio and include names like ICICI Bank, HDFC Bank and State Bank of India in the portfolio. The returns since launch are a staggering 19.75 per cent.
8. Kotak Bluechip Fund – Regular Plan
Kotak Bluechip Fund has generated an annualized returns in excess of 13 per cent over the last three years. One can invest in Kotak Bluechip Fund with an SIP of Rs 100.
Reliance Industries, HDFC Bank and ICICI Bank form the top holdings. The assets under management of the fund is to the tune of Rs 1,481 crores, while the exit load is 1 per cent for redemption less than 1 year. The risk in the scheme is moderately high, while the expense ratio is 2.18 per cent.
9. L&T India Large Cap Fund
A sum of Rs 1 lakh investment, three years ago in this fund has now become Rs 1.41 lakh. Investors can invest in the fund with a small SIP investment of Rs 500 per month. The top holdings of the fund are HDFC Bank, ICICI Bank and Reliance Industries. The 1 year returns from the fund are 13 per cent, while the 3 year returns is 12.07 per cent.
10. HDFC Top 100
Individuals can invest in the HDFC Top 100 with a small SIP of Rs 500. The assets under management of the fund is Rs 18,600 crores, while the top holdings include names like ICICI Bank, Reliance Industries, HDFC Bank and State Bank. The 3 year returns from the fund is 11.37 per cent.
At all times, it's important to remember that mutual fund investments are subject to market risk and one should be careful. Past track record is no an indication for future performance.