Nippon India leads top large-cap mutual funds with stellar return

Nippon India Large Cap Fund has emerged as the top-performing large-cap mutual fund, delivering an impressive one-year return of 25.70 per cent, according to data available from SMC, a leading financial service provider in India. The fund's outstanding performance has solidified its position as a preferred choice among investors seeking low-risk and long-term growth options in the equity market.

With a successful track record of over 15 years since its launch on August 08, 2007, Nippon India Large Cap Fund has garnered the confidence of investors, offering stability and consistent returns. The fund's strong performance can be attributed to its strategic investments in top-ranked companies based on market capitalisation, including Reliance, HDFC Bank, TCS, and Infosys, among others. As per the guidelines set by the Securities and Exchange Board of India (SEBI), the fund has allocated at least 80 per cent of its corpus in large-cap stocks, ensuring a prudent risk profile.

HDFC Top 100 Fund secures the second position on the list, reporting a noteworthy one-year return of 22.80 per cent. Launched on September 3, 1996, the fund boasts an impressive AUM of Rs 24,819.04 crore, reflecting its popularity among investors.

The ICICI Prudential Bluechip Fund clinched the third spot with a commendable one-year return of 20.60 per cent. Established on March 23, 2008, the fund has built a strong reputation for its focus on blue-chip companies, providing stability and long-term growth prospects.

Other top-performing large-cap funds

SBI Bluechip Fund - Growth secured the fourth position with a solid one-year return of 19.80 per cent. With a decade-long presence in the market since its launch on February 14, 2006, the fund has demonstrated its ability to deliver consistent returns to investors.

DSP Top 100 Equity Fund - Regular - Growth followed closely, reporting a robust one-year return of 19.70 per cent. Launched on October 2, 2003, the fund's successful two-decade journey has earned it the trust of investors seeking reliable equity investment options.

Rounding up the top ten list are Sundaram Large Cap Fund, Tata Large Cap Fund, Aditya Birla Sun Life Frontline Equity Fund, Baroda BNP Paribas Large Cap Fund, and Canara Robeco Bluechip Equity Fund, delivering one-year returns ranging from 18.00 per cent to 16.80 per cent.

Large-cap mutual funds continue to remain a preferred choice for investors seeking lower risk exposure and steady returns over the long term.

(Disclaimer: Readers are advised to consult financial experts before making any investment decision.)