Top10 LargeCap Mutual Fund Schemes in India

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 2,44,189 crores as on 28th April 2023.

Top ten largecap mutual fund schemes account for 91% of over AUM in the market. There are four fund schemes with AUM of over 30,000 crores and two fund schemes with AUM over Rs 20,000 crores. Only two fund schemes in the top10 list have AUM less than Rs 10,000 crores.

Largecap fund schemes are benchmarked against two major indices – Nifty100 and S&P BSE 100 index. Of top10 fund schemes, five each are benchmarked against Nifty100 and S&P BSE 100 index respectively.

Fund Size & Performance

ICICI Prudential Bluechip Fund is the biggest fund scheme in terms of AUM with daily AUM of Rs35,876 crores and is closely followed by SBI Bluechip Fund with daily AUM of Rs35,783 crores. Mirae Asset Large Cap Fund and Axis Bluechip Fund are ranked third & fourth with over Rs33,000 crores in AUM.

All the listed ten largecap fund schemes have delivered 11%-16% returns in long-term investment for 10-yr period. Barring HDFC Top 100 Fund schemes all other schemes have delivered between 20%- 28% returns in near-term period of 3-yrs as on 28 Apr 2023.

Top10 list of Largecap Open-ended Mutual Fund Schemes

Scheme NameBenchmark3yr (%) Regular10yr (%) RegularDaily AUM (Cr.)NAV Regular (Rs)
ICICI Prudential Bluechip FundNIFTY 10024.314.235,87670
SBI Bluechip FundS&P BSE 10024.114.535,78365
Mirae Asset Large Cap FundNIFTY 10021.415.833,93379
Axis Bluechip FundS&P BSE 10015.112.933,47643
HDFC Top 100 FundNIFTY 10025.213.223,193766
Aditya Birla Sun Life Frontline Equity FundNIFTY 10022.913.421,781349
Nippon India Large Cap FundS&P BSE 10027.614.913,42457
UTI Mastershare FundS&P BSE 10020.712.710,558191
Canara Robeco Bluechip Equity FundS&P BSE 10020.213.59,28042
Franklin India Bluechip FundNIFTY 10022.111.56,382697

source: AMFI

Click to Read the complete list of 29 Largecap Mutual Fund Schemes in India with AUM, NAV & Performance



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