Top 10 holdings of best large-cap funds
DSIJ IntelligenceCategories: MF Unlocked, Mutual Fund
Large-cap funds invest minimum 80 per cent is invested towards equity and equity-related instruments of large-cap companies.
Large-cap funds invest in the top companies i.e., the first hundred companies in terms of market capitalisation. These funds are open-ended equity schemes, predominantly investing in large-cap stocks. Minimum 80 per cent is invested towards equity and equity-related instruments of large-cap companies. These companies are highly reputed and have an excellent track record of generating wealth for their investors over a long period. Large-cap funds are less risky than small-cap and mid-cap funds.
The following table depicts the top three funds on the basis of their 5-year return along with their AUM as of July 31, 2021:
|
Fund name |
5-year return (per cent) |
AUM (in crore) |
Expense ratio (as on July 31, 2021) (per cent) |
|
Axis Bluechip Fund |
18.71 |
Rs 29,161 |
0.49 |
|
Canara Robeco Bluechip Equity Fund |
18.11 |
Rs 3,691 |
0.34 |
|
Mirae Asset Large Cap Fund
|
16.97 |
Rs 27,435 |
0.54 |
The following depicts the top 10 holdings of the abovementioned funds:
