Best Large Cap Mutual Funds for 2019

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Large-cap mutual funds are the scheme where the funds have been invested in large-cap companies. I have already written a detailed article on types of mutual funds. Today we will discuss the best large cap mutual funds for the year 2019.

Large cap mutual funds provide moderate returns with low risk. If you are a low-risk investor, you should invest in large-cap mutual funds. Large-cap companies are basically the market leader in their domain.

Table of Contents

Best Large Cap Mutual Funds for 2019

Let’s discuss the best large cap mutual funds for long term. Large cap funds are suitable for long term only. If you are planning to invest for short term, you should avoid investing into this fund.

Aditya Birla Sun Life Frontline Equity Fund

This fund is one of the best long-term fund since last 16 years. The objective of the fund is to create wealth in the long run. The target allocation of the fund is 100% into equity diversified into various industries and sectors. Nifty 50 is the benchmark to measure the fund’s performance.

The fund is suitable for investors who are seeking:

  • Long term capital growth
  • Invest into equity market with moderate risk
  • Diversified investment among various industries

The objective of the scheme is long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and/ or sectors as its chosen benchmark index, Nifty 50. The secondary objective is income generation and distribution of dividend.

The fund has generated 14.67% return since its inception. The fund was started in August 2002. The current AUM (Asset Under Management) is Rs. 20884 Cr.

Fund’s Holding

Large cap mutual funds

HDFC Top 100 Fund

The fund is ranked 3 in large cap fund category by CRISIL for the quarter ended Sep 2018. The performance is consistent and with low risk, this is one of the best large cap mutual fund scheme.

The fund was launched on Jan 2003 with the current AUM of Rs. 14961 Cr. The benchmark fund for this scheme is Nifty 100 fund.

HDFC top 100 quarterly performance
as on 1st Jan 2019

Fund Holding

Reliance Large Cap Fund

The objective of the fund is to seek to generate long term capital wealth by investing mainly into equity and equity related instruments of the large cap companies.

The other objective is to generate consistent returns by investing in debt, money market securities. The fund was started in Aug 2007 and the current AUM of the scheme is Rs. 11410 Cr. The fund is rated as 5 stars. The negative side is the expense ratio which is as high as 2.24% as on 30th November 2018.

Fund’s Holding

SBI Bluechip Fund

The main objective of the fund is to provide investors with opportunities for long-term growth in capital through active fund management in diversified industries of large cap companies.

The fund invests into growth and value companies. The stock picking approach is top-down and bottoms up from companies across sectors. The fund was launched on Feb 2006 with the current AUM of Rs. 20301 Cr.

Fund’s Holding

ICICI Prudential Bluechip Fund

The fund was launched on May 2008, investing mainly in large cap stocks. The scheme seeks to provide growth and stability to an investor’s portfolio and is a good investment for the long term.

The stock selection is done based on the bottom-up approach to offer long-term growth. The fund is investing in 58 large-cap companies across the various industry. The current AUM of the fund is Rs. 19458 as on Nov 30, 2018.

Fund’s Holding

Conclusion:

Large cap funds are good to go for the long term. The schemes are offering low risk so that your capital is protected all the time. Large cap funds are essential part of anyone’s portfolio as it offers stability and low risk at the same time it also helps to generate good returns in the long run.

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