3 large cap funds that generated in excess of 20 per cent returns in 3 yrs

Investors have always found it safe to invest in large cap stocks compared to mid and small cap stocks. Risk averse investors indeed have preferred large cap investing over more volatile mid and small cap investing. 
Following three large cap funds have been consistent performers and rank high in terms of risk and performance

 
*Returns are in percentage and 3 year returns are annualised. Aum in Rs crore.

SBI Bluechip Fund- G has been an out-performer over a longer tenure when one considers the risk adjusted returns. The fund that invests primarily in large cap and bluechip stocks has generated an Alpha of 10.33 per cent and the Sharpe Ratio for the fund is at 0.89 which indicates superior performance that compares well with the best in the industry. 

Alpha indicates funds out-performance with higher alpha figure indicating better outperformance to the benchmark. Sharpe ratio indicates risk adjusted returns. In other words the returns per unit of risk. Higher the Sharpe ratio, higher are the returns per unit of risk for the fund. 

The fund has HDFC Bank as its top pick followed by Reliance Industries, Infosys Ltd., and Sun Pharmaceuticals. The fund allocation sector-wise is skewed towards Financials, with 38.9 per cent being invested in Financials. 10.6 per cent is invested in Healthcare, 7.9 per cent in IT, 7.3 per cent in Consumer Product,11.3 per cent in Automobile and 6.3 per cent in Oil & Gas. 

For Birla Sun Life Advantage - D the Alpha stands at 7.17 per cent and the Sharpe ratio stands at 0.61; whereas the Alpha for Goldman Sachs India Equity Fund-G is 5.92 and Sharpe ratio is 0.59.