Top mutual funds: These 10 large-cap funds delivered the best return in one year
Reliance, HDFC Bank, TCS, and Infosys, among others offering low-risk and long-term growth investment options for investors. Hence, these funds are usually associated with lower risk than other types of equity funds. They provide stable returns over the long term.
As per the guidelines set by the Securities and Exchange Board of India (SEBI), large-cap funds must invest at least 80% of their fund corpus in large-cap stocks. As per data available on SMC, one of the leading financial service providers in India, Nippon India topped the chart for one year return, followed by HDFC Top 100 Fund, ICICI Prudential Bluechip Fund, SBI Bluechip Fund - Growth, among others. 1) Nippon India Large Cap Fund - Reg - Growth 25.70 This fund has been in existence for more than 15 years now, and was launched on August 08, 2007.
2) HDFC Top 100 Fund - Growth 22.80 It was launched on 3 September 1996 and currently has an AUM of ₹24,819.04 crore. 3) ICICI Prudential Bluechip Fund - Growth 20.60 It was launched on 23 March 2008 4) SBI Bluechip Fund - Growth 19.80 This fund has been in existence for 10 yrs 4 m, having been launched on 14 February, 2006. 5) DSP Top 100 Equity Fund - Reg - Growth 19.70 This fund has been in existence for 20 yrs 5 m, having been launched on 10/02/2003.
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