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4 Largecap Funds For SIPs Rated 4 & 5-Star By Morningstar

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Morningstar, a reputed international investment research firm, which has rated 621370 investments also rates mutual funds in India based on various parameters. Here are 4 largecap mutual funds that are rated as "4-star" or "5-star" by the firm. It's always hard to pick the best mutual fund for SIPs and hence one can go by these ratings.

 

Axis Bluechip Fund

Axis Bluechip Fund

1-year returns3-year returns5-year returns
35.69%22.22%20.64%

Returns from the Axis Bluechip Fund have been pretty good. The 5-year returns have been 20.64% on an annualized basis. This fund largely invests in largecap stocks and about 67% of the portfolio is invested in top 10 stocks of the portfolio.

Among the top holdings of the company include names like Bajaj finance, HDFC Bank, ICICI Bank, Infosys and Avenues Supermarts. One can start an SIP with a small investment of Rs 500 per month. Investors may note that the Sensex at near 60,000 points is expensive and hence caution is advised when investing in mutual funds.

Canara Robeco Bluechip Equity Fund
 

Canara Robeco Bluechip Equity Fund

1-year returns3-year returns5-year returns
37.37%22.46%19.61%

This fund has been rated 5-star by Morningstar and Value Research. The returns are pretty good thanks to the huge upsurge in stocks over the last 1-year. The fund has holdings of 5.6% in cash and the balance of 94.4% is invested in largecap stocks. ICICI Bank, HDFC and Infosys remain among the top holdings of the Canara Robeco Bluechip Equity Fund.

An SIP can be started in the fund with an investment as small as Rs 1,000. Mutual Funds tend to generate returns in the long-term and hence investors are advised to stay invested for the long-term only.

Kotak Bluechip Fund

Kotak Bluechip Fund

1-year returns3-year returns5-year returns
41.47%21.33%17.32%

Unlike the other two peers listed above, this fund has been rated as 4-star by Morningstar. An SIP can be started in this fund with a small sum of Rs 1,000. The returns have been very good, especially over the short term period of 1-year. At the moment, we suggest that you invest small amounts by way of SIPs and should the market fall, you can invest larger amounts by way of SIPs, given that the markets are expensive.

LIC MF Largecap Fund

LIC MF Largecap Fund

1-year returns3-year returns5-year returns
37.88%20.00%16.32%

This fund like the Kotak Bluechip Fund has been rated as 4-star by CRISIL. The returns are pretty decent in the short and long term even on an annualized basis. The fund has assets under management that are not really large and around Rs 674 crores only. Among the holdings of the company include names like ICICI Bank, Infosys, HDFC Bank and Avenue Supermarts.

An SIP in the fund can be started with Rs 1,000. Investors with a long term purview of things can invest in the above mentioned funds.

Disclaimer

Disclaimer

Investing in mutual funds poses risks. All readers and investors should note that neither Greynium nor the author of the articles, would be responsible for any decision taken based on these articles. Please consult a professional advisor. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates, and authors do not accept culpability for losses and/or damages arising based on information in GoodReturns.in

Read more about: mutual fund mutual funds
Story first published: Friday, November 19, 2021, 9:47 [IST]
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