Top Five: Cheapest Large-Cap Mutual Funds with Highest Returns
There are 29 open-ended fund schemes in existence in the largecap mutual fund segment for equity funds. These 29 fund schemes together have Asset Under Management (AUM) of Rs 2,59,276 crores as on 30 June 2023. The cheapest large-cap funds with highest growth were selected on the basis of their growth in different investment periods of 3yr/5yr/10yr. Only those funds which had continuously delivered double digit returns were selected for the evaluation
Performance as on 30 June
Incidentally, by end of June 2023, top four large-cap schemes with highest returns are also among the cheapest with double digit growth.
Table: Top Five Cheapest Large-Cap Schemes with Highest Returns
| Scheme Name | 3-Yr Return (%) Regular | 5-Yr Return (%) Regular | 10-Yr Return (%) Regular | NAV Regular (Rs) |
|---|---|---|---|---|
| Mirae Asset Large Cap Fund | 22.4 | 12.8 | 16.9 | 84.9 |
| Nippon India Large Cap Fund | 30.3 | 14.4 | 16.5 | 61.6 |
| SBI Bluechip Fund | 25.3 | 13.2 | 15.7 | 69.8 |
| ICICI Prudential Bluechip Fund | 25.2 | 13.5 | 15.3 | 74.8 |
| Canara Robeco Bluechip Equity Fund | 21.7 | 14.4 | 14.6 | 45.3 |
Source: AMFI data
Read complete list of Top ten LargeCap Equity Mutual Funds with Returns & NAV
