Top 3 Largecap Mutual Funds with Highest SIP Returns: An equity mutual fund that allocates a larger percentage of its total assets to large-cap businesses is known as a large-cap fund. These businesses rank in the top 100 in terms of market capitalisation. That indicates that they are regarded as steady and well-established, and that their market value is high. These schemes are known to produce consistent returns over the long run and have a lower risk than small-cap or mid-cap schemes.
Here is a list of the top 3 large-cap mutual funds with the highest SIP returns in 7 years. Also, take a look at how a Rs 17,000 monthly investment in the top fund has jumped to Rs 29.82 lakh in just 7 years.
Nippon India Large Cap Fund
In 7 years, Nippon India Large Cap Fund has given a 21.15 per cent annualised return. Its assets under management (AUM) are Rs 41,750 crore, while its net asset value (NAV) is Rs 102.61. Benchmarked against BSE 100 TRI, the fund has given annualised returns of 16.83 per cent since its launch in January 2013.
Nippon India Large Cap Fund
With an expense ratio of 0.67 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment. With a monthly investment of Rs 17,000, the fund has grown to Rs 30,32,000 in 7 years.
ICICI Prudential Large Cap Fund
In 7 years, ICICI Prudential Large Cap Fund has given a 19.69 per cent annualised return. Its assets under management (AUM) are Rs 69,763 crore, while its net asset value (NAV) is Rs 123.11. Benchmarked against NIFTY 100 TRI, the fund has given annualised returns of 16.3 per cent since its inception in January 2013.
ICICI Prudential Large Cap Fund
With an expense ratio of 0.85 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment. With a monthly investment of Rs 17,000, the fund has grown to Rs 28,80,000 in 7 years.
Canara Robeco Large Cap Fund
In 7 years, Canara Robeco Large Cap Fund has given an 18.77 per cent annualised return. Its assets under management (AUM) are Rs 16,027 crore, while its net asset value (NAV) is Rs 74.38. Benchmarked against BSE 100 TRI, the fund has given annualised returns of 15.63 per cent since its launch in January 2013.
Canara Robeco Large Cap Fund
With an expense ratio of 0.46 per cent, the fund has Rs 1,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment. With a monthly investment of Rs 17,000, the fund has grown to Rs 27,86,000 in 7 years.