This Large and Mid-Cap Mutual Fund SIP Recorded Upto 64% Return: Crisil Rated

The Large and Mid-Cap mutual funds will invest in both large and mid-cap company stocks depending on the market capitalization. Here, the portfolio of a sectoral mutual fund SIP, which was rated with 3 star by Crisil, has been discussed.

Large and Mid-Cap mutual fund investment rationale

The rationale behind this kind of mutual fund is, the fund house will invest a minimum of 35% of the funds, in the two above-mentioned types of company stocks. The fund house will select the companies among the top 250 listed stocks in the equity market.

It is known that bluechip or large-cap companies do not offer very high returns in the near term, rather they will offer you a better security in terms of liquidity and other related factors. In the long-term, the bluechip companies grow well. On the other hand, the mid-cap companies provide both security and good returns. Additionally, the small-cap companies have the potential to grow aggressively in the short term, depending on the sector's growth, company strategy, etc. So, the Large and Mid-Cap mutual funds will significantly assure you of security and profitability.

HDFC Large and Mid Cap Fund - Direct Plan

HDFC Large and Mid Cap Fund - Direct Plan is a popular SIP investment among investors, as a large and mid-cap investment. HDFC Large and Mid Cap Fund - Direct Plan's NAV stood at Rs. 191.34. However, the fund size is Rs. 3743.58 crore, while the Expense Ratio (ER) is 1.19%; while the category average is 0.97%. The ER is significantly high, which can impact your returns negatively. The 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 3 Star by renowned rating agency Crisil.

Absolute and annualized returns

HDFC Large and Mid Cap Fund - Direct Plan's SIP's absolute returns are most lucrative in the long term. In the last 1-year SIP return stood at 11.73%, in the last 2 years it has fetched 46.03% returns, in the last 3 years it has given a 54.44% returns, and in the last 5 years, it has fetched 64.22% returns. Annualized returns of this fund's SIP were 41.00% in the past 2 years, and 30.25% in the past 3 years.

HDFC Large and Mid Cap Fund - Direct Plan's absolute mutual fund returns are highest in 5 years terms. In the last 1 year return stood at 29.85%, in the last 2 years it has fetched 61.45% returns, in the last 3 years it has given 81.16% returns, and in the last 5 years, it has given 101.31% returns. Additionally, in the past 1 year, the HDFC Large and Mid Cap Fund - Direct Plan's annualized returns stood at 29.85%, while the category average is 27.92%.

Portfolio

HDFC Large and Mid Cap Fund - Direct Plan's equity holding is 95.73%, and the fund invests 4.27% in other sectors. The Fund's Large Cap Investments are 42.48%, Mid Cap Investments are 37.39 %, Small Cap Investments are 4.7%, and 11.16% investments are allocated in other funds, among total 97 stocks. However, this fund's portfolio turnover ratio is low at 9.72%.

The top 10 equity holdings of the HDFC Large and Mid Cap Fund - Direct Plan's are, ICICI Bank Ltd., Infosys Ltd., State Bank Of India, Reliance Industries Ltd., Maruti Suzuki India Ltd., Bharat Electronics Ltd., Sun Pharmaceutical Industries Ltd., National Thermal Power Corporation Ltd., Tata Consumer Products Ltd.

Other funds under this category are, HDFC Corporate Bond Fund - Direct Plan, HDFC Floating Rate Debt Fund - Direct Plan, HDFC Balanced Advantage Fund - Direct Plan, etc.

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 9, 2022)