In line with frontline stock indices including Sensex and Nifty, large cap mutual funds have given stellar returns in the last 10 years. Over the last one decade, benchmark indices Sensex and Nifty have grown by 11.75% and 12% (CAGR). One stand-out trend noticed during this period has been the retail investor participation, helping especially Systematic Investment Plans (SIPs) in mutual funds to surge significantly. As a result, large cap funds have seen substantial growth in their Net Asset Values (NAVs) over the years.
In this article, we explore the top-performing mutual funds from the large cap fund category over the past decade, focusing on those with the highest SIP returns.
Here are five top-performing large cap mutual funds in the last 10 years:
Nippon India Large Cap Fund – Growth
NAV – Rs 89.62
Expense Ratio – 1.58%
Fund size: Rs 32,884 crore
Annualised returns in last 10 years: 15.36%
Returns since inception in 2007: 13.68%
ICICI Prudential Bluechip Fund – Growth
NAV – Rs 109.1
Expense Ratio – 1.45%
Fund size: Rs 64,222.82 crore
Annualised returns in last 10 years: 14.89%
Returns since inception in 2007: 15.78%
Mirae Asset Large Cap Fund – Regular – Growth
NAV – Rs 112.71
Expense Ratio – 1.51%
Fund size: Rs 41592.92 crore
Annualised returns in last 10 years: 14.42%
Returns since inception in 2007: 15.87%
Baroda BNP Paribas Large Cap Fund – Regular Plan – Growth
NAV – Rs 228.86
Expense Ratio – 2.03%
Fund size: Rs 2,342.57 crore
Annualised returns in last 10 years: 14.33%
Returns since inception in 2007: 16.96%
Canara Robeco Bluechip Equity Fund – Regular Plan – Growth
NAV – Rs 62.30
Expense Ratio – 1.66%
Fund size: Rs 14,528.68 crore
Annualised returns in last 10 years: 14.22%
Returns since inception in 2007: 13.89%
Disclaimer: This article is for information purpose only and should not be considered as any kind of investment advice or a recommendation. Returns mentioned in the article are in no way a guarantee of future returns.