Top Performing Large Cap Mutual Funds in 1 year (July 2023): 20 schemes with 23% to 31% SIP returns
Top Performing Large Cap Mutual Funds in 1 year (till July 4, 2023): Several large cap mutual fund schemes have over 20% returns in one year. Data on the website of the Association of Mutual Funds in India (AMFI) at the time of writing shows that direct plans of as many as 20 large-cap schemes have given over 23% returns in this duration.
The following is the list of 20 such top-performing schemes that have given more than 23% in one year under their respective direct plans. The regular plans of these schemes have also given over 20% returns in 1 year.
Investors should, however, note that this exercise is for informational purposes only and based on information available on AMFI website (till July 4). You should never invest in a fund on the basis of past performance only. Moreover, one year is a very small time to judge the quality of a fund for long-term investors. As mutual fund investments are subject to market risks, it is important to consult a SEBI-registered financial advisor before investing in any scheme.
The direct plan of Nippon India Large Cap Fund has given 31.99% returns while the regular plan has given 30.90% returns in 1 year. The scheme tracks S&P BSE 100 Total Return Index, which has given 24.27% returns in 1 year.
Also Read: New Mutual Funds 2023: From Quant, Bandhan AMC to Mirae Asset, 8 NFOs for investing in July
The direct plan of Edelweiss Large Cap Fund has given 28.35% returns while the regular plan has given 26.34% returns in 1 year. The scheme tracks NIFTY 100 Total Return Index, which has given 21.5% returns in 1 year.
The direct plan of HDFC Top 100 Fund has given 27.50% returns while the regular plan has given 26.75% returns in 1 year. The scheme tracks NIFTY 100 Total Return Index, which
Read more on financialexpress.com
