Large cap mutual funds: According to SEBI guidelines, larg cap funds are open-ended equity schemes that must invest at least 80 per cent of their total assets in the top 100 companies by full market capitalisation. The large cap funds commonly use Nifty 50 TRI, Nifty 100 TRI or S&P BSE 100 TRI as benchmarks. Nifty 50 has fewer constituents and a higher concentration. Nifty 100 and BSE 100 are broader and closer to the top-100 universe by construction.
In this article, we bring to you mutual funds with over 13 per cent CAGR in 10-year periods. It also includes key fund details such as the Sharpe ratio, expense ratio, standard deviation, AUM, and other important factors that investors usually consider before making an investment decision. Take a look.
Large cap Mutual funds: Rs 1 lakh turned into Rs 4 lakh! Schemes exceeding over 13% CAGR in 10 years
Nippon India Large Cap Fund: Lump sum investment of Rs 1 lakh
A Rs 1 lakh lump sum investment in Nippon India Large Cap Fund would have turned into Rs 4,27,273 in 10 years. Considering a 15.63 per cent CAGR.
Invesco India Largecap Fund: Lump sum investment of Rs 1 lakh
A Rs 1 lakh lump sum investment in Invesco India Largecap Fund would have turned into Rs 3,81,261 in 10 years. Considering a 14.32 per cent CAGR.
ICICI Prudential Large Cap Fund: Lump sum investment of Rs 1 lakh
A Rs 1 lakh lump sum investment in ICICI Prudential Large Cap Fund would have turned into Rs 3,97,229 in 10 years. Considering a 14.79 per cent CAGR.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
