3 Largecap Mutual Funds With Top Ratings From Crisil, Should You Start SIPs?

Mutual Funds have been a flavour of the investment season, with SIPs continuing to top the Rs 13,000 crores mark. Here are a few largecap funds that are well rated by CRISIL.

ICICI Prudential Largecap Fund

ICICI Prudential Largecap Fund has been rated NO 1 by Crisil. The 3-year returns from the fund has been close to 15% on annualized basis for the last 3-years. The 2-year returns from the fund on an annualized basis has been 14% or slightly more. ICICI Prudential Largecap Fund tends to invest its money in largecap stocks. At the moment the portfolio includes names like ICICI Bank, HDFC Bank, Reliance Industries, Infosys and L&T. The fund has invested 93% in the equity markets and the rest are in debt and cash and cash equivalents. This fund is suitable for those looking at long-term appreciation and should the benchmark indices gain, so would the scheme NAV, given that most of the holdings are Nifty stocks.

Taurus Largecap Equity Fund

This is another fund that has the No 1 Rating from Crisil in the largecap space. The 3-year returns on an annualized basis is 11.07%, which is okay. If you are averse to risk than it is better to invest in largecap mutual funds. Apart from this, we would recommend that investor look to SIPs as markets have rallied sharply in the last 2-3 years. Most of the mutual fund schemes including the Taurus Largecap Equity fund require just small amounts to start SIPs. The Taurus Largecap Fund has holdings in Macrotech, Adani Enterprises, Kotak Mahindra Bank etc.

Nippon India Largecap Fund

Crisil has rated this fund as well as "5-star". The returns have been more or less in line with peers. The 3-year returns from Nippon India Largecap Fund has been close to 15% on an annualized basis. Among the top holdings of Nippon India Largecap Fund include names like Housing Development Finance Corporation, Reliance Industries, Larsen and Toubro, HDFC Bank and State Bank of India. Again, like most of the other largecap funds, investment for a period of 3-5 years could generate good returns from the fund.

Disclaimer

Mutual fund investments are subject to market risk. The above-mentioned information is purely informational and doesn't guarantee any return. Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.