Looking at minting some money: Top three large cap funds can do the trick

DSIJ Intelligence / 17 Nov 2016

Looking at minting some money: Top three large cap funds can do the trick

With markets correcting across the board and large caps especially down by a huge margin, the time is ripe for long term investors to consider parking sum money in large caps and avoid taking risky bets on small cap and mid caps stocks.

With markets correcting across the board and large caps especially down by a huge margin, the time is ripe for long term investors to consider parking sum money in large caps and avoid taking risky bets on small cap and mid caps stocks.

Birla Sun Life Frontline Equity Fund,  Franklin India Bluechip Fund and ICICI Prudential Focused Bluechip Equity are amongst the top performing large cap oriented mutual funds that investors should look at investing into. 
The fund size for the said Birla Fund is Rs 14,432.73 crore while it is Rs 7,787.70 crore and Rs 11,887.49 crore for Franklin India Bluechip Fund and ICICI Prudential Focused fund Bluechip Equity, respectively. 

These funds are top performers consistently and have been beating the benchmark on a regular basis.

Over 3 years these funds have delivered returns in the range of 16 per cent to 19 per cent on an annualised basis. Over a 5 year period the said funds have generated returns in the range of 12 per cent to 17 per cent on an annualised basis. 

Markets post demonetisation and US election results may start taking cues from budget expectations and interest rate cuts which can be positive triggers for the market. 

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