For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

3 Best Performing Equity Large Cap Funds In July 2021

|

Large-cap mutual funds invest primarily in firms with a high market capitalization. Large-cap funds have a reputation for providing stable returns. When compared to small or mid-cap corporations, the companies in which large-cap funds invest are often leaders in their sector of business and hence tend to be more stable when the markets are tumultuous. Large-cap firms often have a strong track record in the market, which is backed up by sound corporate governance.

 

Large-cap mutual funds invest at least 80% of their assets in the top 100 firms in terms of market capitalization. The best large-cap funds are the highest-rated large-cap funds that offer good returns. Here are 3 best performing large-cap Equity mutual funds in July.

Axis Blue-Chip Fund

Axis Blue-Chip Fund

Axis Bluechip Fund Direct Plan-Growth is an Axis Mutual Fund Large Cap mutual fund plan. It has a AUM of Rs 28.233.36 crores, and the most recent NAV declared is 46.910 as of 02 August 2021.

Value Research and Morning star have given the fund a 5-star rating. CRISIL has assigned a 4-star rating. A three-year SIP in a fund for Rs 10,000 per month is now worth Rs 5.08 lakhs.

Infosys Ltd., HDFC Bank Ltd., Bajaj Finance Ltd., Tata Consultancy Services Ltd., and Avenue Supermarts Ltd. are among the top holdings of the Axis Bluechip Fund Direct Plan.

The 1-year growth returns of Axis Bluechip Fund Direct Plan are 41.98 percent. It has generated an average yearly return of 16.91 percent since its debut.

1-year 3-year (annualized) 5-year (annualized)
41.98% 15.36% 17.35%

Canara Robeco Blue-Chip
 

Canara Robeco Blue-Chip

The Canara Robeco Bluechip Equity Fund Direct-Growth is a Canara Robeco Mutual Fund Large Cap mutual fund strategy. The expense ratio of the fund is 0.42 percent, which is comparable to that of most other Large Cap funds. It has a net AUM of 3,308.09 crores, with a NAV of 42.220 as of 02 August 2021.

Canara Robeco Bluechip Equity Fund Direct-Growth returns have been 46.44 percent over the last year. It has generated an average yearly return of 15.67 percent since its inception. The majority of Canara Robeco Bluechip Equity's money is invested in the financial, technology, energy, construction, and automobile industries. In comparison to other funds in the category, it has less exposure to the Financial and Technology industries.

A five-year SIP in a fund for Rs 10,000 per month is now worth Rs 10.06 lakhs, a profit Rs 4.06 lakh. Valur Research, Morningstar, and CRISIL have given the fund a 5-star rating.

1-year 3-year (annualized) 5-year (annualized)
46.44% 17.60% 17.21%

Mirae Asset Large Cap

Mirae Asset Large Cap

Mirae Asset Large Cap Fund Direct- Growth is a Mirae Asset Mutual Fund Large Cap mutual fund strategy. The fund's expense ratio is 0.54 percent, which is comparable to the expense ratios charged by most other Large Cap funds. It has an AUM of 26,746.55 crores, with a NAV of 78.335 as of 02 August 2021.

Mirae Asset Large Cap Fund Direct has a 1-year growth rate of 46.95 percent. It has had an average yearly return of 17.98% since its inception. A five-year SIP of Rs 10,000 per month in a fund is now worth Rs 9.43 lakhs, representing a profit of Rs 3.43 lakh.

Mirae Asset Large Cap Fund's 5 holdings are in Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Axis Bank Ltd. Value Research and Morningstar have given the fund a 5-star rating.

1-year 3-year (annualized) 5-year (annualized)
46.95% 15.04% 16.07%

Disclaimer

Disclaimer

The opinions and investment advice offered by Greynium Information Technologies' authors and employees should not be taken as investment advice to purchase or sell stocks, gold, currency, or other commodities. Investors should not make any trading or investment decisions solely on the basis of the information presented on GoodReturns.in. We are not a licensed financial counselor, and the information provided here does not constitute investment advice.

Read more about: mutual funds
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X