Mutual Fund Returns in 10 Years: Mid Cap funds invest in equity and equity-related instruments of Mid Cap companies. According to the Securities and Exchange Board of India (SEBI), Mid Cap companies are those that are ranked between 101 and 250 in the list of companies according to market capitalisation.
Small cap funds invest a major portion of their investible corpus into equity or equity-related instruments of small-cap companies. According to the Securities and Exchange Board of India (SEBI), small cap schemes need to invest at least 80 per cent of their total assets in small cap companies. Also, SEBI defines small-cap companies as those that are ranked below the 250th rank in terms of market capitalisation.
Large Cap Mutual Funds are equity funds that invest a bigger proportion of their total assets in companies with a large market capitalisation. According to SEBI, large cap companies fall in the top 100 of the list of companies according to market capitalisation.
Top large cap mutual funds with high returns in 10 years
Nippon India Large Cap Fund – Direct Plan
ICICI Prudential Large Cap Fund – Direct Plan
Edelweiss Mid Cap Fund – Direct Plan
Invesco India Mid Cap Fund – Direct Plan
Quant Small Cap Fund – Direct Plan
(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.)
