Top 5 Large Cap Mutual Funds Offering Over 20% Annual Returns in 5 Years
Here are the top five large-cap mutual funds that have provided returns, over the past five years. Mutual fund investors especially those in large-cap funds are experiencing substantial profits. These funds have shown growth with some seeing a surge, in the past year. Achieving an annualized return of 20% or more in the run is considered a significant milestone.
When such returns come from large-cap funds it reflects a wise investment approach. Investors typically opt for cap funds to steer clear of the volatility and fluctuations associated with cap funds. Presently over a dozen large-cap mutual funds have outperformed with annual returns exceeding 20%. Here are the mutual funds that are offering 20% returns over the years.
Nippon India Large Cap Fund
The Nippon India Large Cap Fund has delivered a return of 22.22% over the past five years, 23.27% over the past three years and an impressive 37.35% in the last year. It is compared to the BSE 100 Total Return Index and had a value of Rs.87.70 as of August 19th.
ICICI Prudential Bluechip Fund
The ICICI Prudential Bluechip Fund has achieved returns of 21.42% over the 5 year period, 20.34% over the 3 year period and an impressive 39.03% in the past year. This fund is compared to the NIFTY 100 Total Return Index and its current NAV is Rs.106.79.
Canara Robeco Bluechip Equity Fund
The Canara Robeco Bluechip Equity Fund has provided an impressive annualized return of 20.29% over the past five years and a three year yield of 14.94%. In the most recent year, investors have seen a substantial return of 33.61%. The fund’s performance is measured against the BSE 100 Total Return Index and its Net Asset Value (NAV) stands at Rs.60.78.
Baroda BNP Paribas Large Cap Fund
The Baroda BNP Paribas Large Cap Fund has achieved an annualized return of 20.53% over the past five years, a 19.30% return over three years and an impressive 42.60% return in the last year. The fund’s performance is measured against the NIFTY 100 Total Return Index and it currently has a Net Asset Value (NAV) of Rs.225.7687.
JM Large Cap Fund
The JM Large Cap Fund has provided its investors with an annual return of 20.37% over the past 5 years, 21.34% over the last 3 years and an outstanding 47.52% in the previous year. This fund measures its performance against the BSE 100 Total Return Index and currently has a net asset value (NAV) of Rs.165.4647. These high performing large cap funds demonstrate that strategic investment choices can lead to substantial profits, in a competitive market.
