Best Large and Mid Cap Mutual Funds in 1 year (July 2023): 11 Schemes with 25% to 34% SIP returns

financialexpress.com:

Best-performing Large & Mid Cap Mutual Fund Schemes in 1 year (till July 13, 2023): Most of the Large & Mid Cap Fund schemes had a good run in one year, giving over 20% annualised returns under their direct plans till July 13, as per data on the website of Association of Mutual Funds in India (AMFI) at the time of writing.

Data shows that direct plans of as many as 11 Large & Mid Cap Funds have also beaten the performance of their respective benchmark indices in one year. Regular plans of most of these 11 schemes have also beaten their respective indices.

Following is the list of the 11 top-performing Large & Mid Cap Funds that have given over 25% returns under the direct plan in 1 year, as per AMFI website data

Before reading further, investors should take note that this exercise is for informational purposes only. This article is not intended to recommend any of these funds. Investing in a top-performing fund doesn’t always guarantee strong returns over the long term (read why). Therefore, before investing in any scheme, it is recommended to consult a SEBI-registered investment advisor and invest as per your risk capacity, risk appetite and future financial goals.

Motilal Oswal Large and Midcap Fund

The direct plan of Motilal Oswal Large and Midcap Fund has given 34.05% returns while the regular plan has given 32.02% returns in 1 year. The scheme tracks NIFTY Large Midcap 250 Total Return Index, which has given 24.70% returns in 1 year.

Also Read: Why you should not start SIP in a top-performing mutual fund (always)

Bandhan Core Equity Fund

The direct plan of Bandhan Core Equity Fund has given 29.11% returns while the regular plan has given 27.58% returns in 1 year. The scheme tracks NIFTY Large Midcap 250 Total