If you’re looking to invest in large cap mutual funds to stabilise your long-term portfolio, consistency is one priority you cannot probably overlook. There’s no denying that large cap funds appeal to investors with their anchoring role and moderate growth potential. However, when you stay invested for the longer horizon, like a decade or more, you’d definitely look at how consistently the funds performed.
In this blog, we have curated five large cap funds that helped investors grow wealth over the last 10 years.
5 Best large cap mutual funds
Check out the size, NAV, expense ratio, and returns over different investment horizons for the top rated large cap mutual funds we shortlisted for you.
- Nippon India Large Cap Fund
The Nippon India Large Cap Fund invests in established companies across sectors like financial services, energy, industrials, and technology. All the underlying companies have a strong presence in the market and established business models.
Investors with a moderate risk profile looking for stable growth may consider investing in the mutual fund through an SIP or putting in a lump sum amount.
- AUM: INR 46,520.53 crore
- NAV: INR 99.55
- Expense ratio: 0.71 %
- 1-Year return: 3.90%
- 3-Year return: 17.20%
- 5-Year return: 18.08
- 10-Year return: 15.90%
- ICICI Prudential Large Cap Fund
ICICI Prudential Large Cap Fund is known for its disciplined approach to investing in high-quality large-cap companies. Experienced fund managers choose businesses with strong fundamentals and earnings visibility. They spread the asset across stable companies, which makes the fund suitable for investors with a medium risk profile with lower volatility.
Some of the sectors where your assets are spread out include financial services, industrials, communication services, and energy.
- AUM: INR 69,947.55 crore
- NAV: INR 117.64
- Expense ratio: 0.87 %
- 1-Year return: 0.62%
- 3-Year return: 15.96%
- 5-Year return: 15.36%
- 10-Year return: 14.96%
- Invesco India Large Cap Fund
The research-oriented approach of the Invesco India Large Cap Fund makes it a popular choice in this category. The fund managers identify companies with sustainable growth potential.
Accordingly, the fund invests in companies with consistent earnings and strong management. Some of the sectors where it invests are financial services, technology, industrials, and communication services.
- AUM: INR 1,536.87 crore
- NAV: INR 81.68
- Expense ratio: 0.72 %
- 1-Year return: 3.46%
- 3-Year return: 17.15%
- 5-Year return: 15.16%
- 10-Year return: 14.46%
- DSP Large Cap Fund
The Large Cap Fund can help you build a portfolio of fundamentally strong companies with competitive advantages.
The fund managers aim to reduce downside risks, choosing quality businesses and maintaining diversification across different sectors. If you prefer a cautious yet growth-oriented approach to equity investing, this fund can be an option.
- AUM: INR 6,619.60 crore
- NAV: INR 497.48
- Expense ratio: 0.86 %
- 1-Year return: -1.48%
- 3-Year return: 16.14%
- 5-Year return: 13.22%
- 10-Year return: 12.48%
- Axis Large Cap Fund
The Axis Large Cap Fund carefully chooses companies with strong balance sheets and efficient capital allocation. It has performed consistently over the last decade and is suitable for investors looking to build long-term wealth with relatively low volatility.
The fund invests across sectors like financial services, technology, energy, and communication services.
- AUM: INR 28,661.27 crore
- NAV: INR 57.49
- Expense ratio: 1.60 %
- 1-Year return: -2.36%
- 3-Year return: 10.22%
- 5-Year return: 8.23%
- 10-Year return: 11.83%
Conclusion
Large cap funds continue to be a preferred choice for investors looking to balance growth and stability. In this blog, we have carefully shortlisted those funds under this category that have delivered double-digit returns over the last decade. A longer investment horizon helps investors maximise the benefit of compounding.
As you prioritise stability while building your corpus, create an SIP or invest a lump sum amount in one of these funds. With well-managed assets and controlled volatility, building a long-term portfolio becomes an achievable goal.
