Large & Mid-cap Mutual Fund Recorded Upto 110.16% Return: 4 Star Rated By Crisil

Large and mid-cap mutual fund SIPs are suited for new investors who are stepping into the equity field. These investments will offer you good returns with security.

Here, the portfolio of a focused mutual fund SIP, which was rated with 4 star by Crisil, has been discussed.

Large and mid-cap mutual fund investment rationale

The investment rationale of a large and mid-cap mutual fund is the fund house will diversify your money in multiple large-cap and mid-cap company stocks, listed in the equity markets. This will offer you both good returns and assurance of the investment.

A large-cap company should have market capitalizations of US$10 billion or more than that, while the mid-cap companies should have a market capitalization between $2 and $10 billion. Large-cap companies generally have less scope to develop in the near term, but these are more secure. On the other hand, mid-cap funds have more scope to give better returns in the near term. So, together the large and mid-cap mutual funds are suitable for investors who are expecting good returns, have a lesser risk appetite.

Navi Large & Midcap Fund - Direct Plan

Navi Large & Midcap Fund - Direct Plan is a popular SIP investment among investors, as a large and mid-cap investment. Navi Large & Midcap Fund - Direct Plan's NAV stood at Rs. 27.49; with a low unit price you can obtain good numbers of the unit of this fund. However, the fund size is Rs. 141.87 Crore, which is not so high But, the Expense Ratio (ER) is 0.34%; while the category average is at 0.97%. So, it can fetch you with good profitability from the investment. Expense Ratio (ER) is the percentage, the fund house will use your money for its official management expenses.

This mutual fund SIP has been rated with 4 Star by renowned rating agency Crisil.

Absolute and annualized returns

Navi Large & Midcap Fund - Direct Plan's SIP's absolute returns are most lucrative in the long term. In the last 1-year SIP return stood at 14.49%, in the last 2 years it has fetched 45.61% returns, in the last 3 years it has given a 54.11% returns, and in the last 5 years it has fetched 66.5% returns. Annualized returns of this fund's SIP were 40.67% in the past 2 years, and 30.1% in the past 3 years.

Navi Large & Midcap Fund - Direct Plan's absolute mutual fund returns are highest in 5 years terms. In the last 1 year return stood at 37.57%, in the last 2 years it has fetched 54.97% returns, in the last 3 years it has given 81.91% returns, and in the last 5 years it has given a 110.16% returns. Additionally, in the past 1 year, the Navi Large & Midcap Fund - Direct Plan's annualized returns stood at 37.33%, while the category average is 28.59%, outperforming the category average.

Portfolio

Navi Large & Midcap Fund - Direct Plan's equity holding is 96.22%, and 3.78% in others. The Fund's Large Cap Investments are 38.04%, Mid Cap Investments are 28.19%, Small Cap Investments are 17.59%, and 12.4% investments are allocated in other funds, among total of 57 stocks. This fund's portfolio turnover ratio is quite high at 84.00%.

The top 10 equity holdings of the Navi Large & Midcap Fund - Direct Plan's are, Reliance Industries Ltd., ICICI Bank, Max Financial Services, Gujarat Gas Ltd., Greenpanel Industries Ltd., Carborundum Universal Ltd., CG Power and Industrial Solutions Ltd., J.K. Cement Ltd., Axis Bank, Infosys Ltd.

Other peer funds are, Quant Large and Mid Cap Fund - Direct Plan, Sundaram Large and Mid Cap Fund - Direct Plan, HDFC Large and Mid Cap Fund - Direct Plan, and SBI Large & Midcap Fund - Direct Plan, etc.

(Also read:  This 4 Star Crisil Rated Focused Mutual Fund SIP, Recorded Upto 62% Return: Check Portfolio)

Disclaimer

Investing in equities/mutual funds/SIPs poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article.

(Data mentioned as on February 7, 2022)