5 Best Large-Cap Mutual Funds for Investment in January 2025
Large-cap mutual funds are one type of equity mutual fund that invests at least 80% of their assets in the best 100 companies in India by market capitalization. These companies are usually top players in their industries and have a track record of strong performance.
Large-cap mutual funds are the safest option for investment as compared to the other types of mutual funds. Because they are more stable and can handle economic slowdowns better than other types of mutual funds.
Axis Bluechip Fund
The scheme was launched in January 2010. It is an equity mutual fund that invests in large companies with better growth opportunities and has the potential to offer consistent returns for a long time. The fund has delivered 13.7% returns on the basis of rolling frequency from the past three years, and for the past 10 months, the scheme has been in the top fourth quartile.
Canara Robeco Bluechip Equity Fund
Canara Robeco Bluechip Equity Fund was launched in August 2010. It is a large-cap equity scheme that invests in large-size companies in the market. The main objective of this scheme is to provide capital growth and has very high-risk volatility. The fund has delivered a return of 17.3% for the last three years on the basis of rolling returns.
Mirae Asset LargeCap Fund
The fund was launched in April 2008. It is an open-ended equity mutual fund scheme that mainly invests in large-cap stocks and generates long-term growth by investing in equity and equity-related securities. The fund has given a return of 15.4% over the past three years on the basis of rolling returns. Mirae Asset LargeCap Fund is in the top fourth quartile for the past 15 months.
Baroda BNP Paribas LargeCap Fund
The scheme was launched in September 2004. It is a mutual fund that invests in large market capitalization companies to generate long-term capital appreciation. This scheme has shown a return of 16.9% in the past three years on the basis of rolling returns. Baroda BNP Paribas LargeCap Fund has been in the first quartile for the past 11 months.
Edelweiss LargeCap Fund
The Edelweiss LargeCap Fund was launched in May 2009. It is a type of mutual fund that invests in the top 100 largest Indian companies by market capitalization. The main focus of the scheme is to provide capital growth through a portfolio of equity and equity-related securities. The scheme has delivered a return of 16.3% in the past three years on the basis of rolling returns.