fixed deposits should stick to large-cap funds as these schemes invest in companies with long track records and strong managements, which works well in the long term.
WHAT IS A LARGE-CAP MUTUAL FUND? As per regulatory guidelines, a largecap company is a listed company ranked from 1st to 100th on the Indian stock exchanges in terms of market capitalisation. Hence for a fund house, a large-cap scheme needs to invest at least 80% of its corpus in large-cap companies, with the flexibility to invest the remaining 20% in other companies as per the discretion of the fund manager.
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-115234713»>HOW MANY LARGE-CAP FUNDS ARE AVAILABLE? As of October 2024, there are 32 large-cap schemes with 15.2 million folios managing assets worth `3.68 lakh crore. This is the fourth-largest category among equity mutual funds.
WHERE DO THESE FUNDS SCORE?
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