Top 5 Large and Mid-Cap Mutual Funds: Effective investing is difficult and requires careful planning in order to accumulate wealth. If you are in search of portfolio diversification, mutual funds might be a beneficial addition. In addition to providing superior returns in comparison to conventional savings vehicles, mutual funds accommodate investors of all demographics.
However, selecting the optimal mutual fund investment may prove to be a challenging endeavor, and it may be advantageous to compare past prices or performance. Although past performance does not provide a guarantee of future returns, it can serve as a benchmark for comparing various funds.
The five largest and mid-cap mutual funds with the highest SIP returns over the past five years are detailed below. This information may assist you in optimizing your investment planning.
The Large and Mid-cap funds, which invest in both large-cap and mid-cap enterprises, are a subcategory of mutual funds. These funds are required by SEBI regulations to allocate a minimum of 35% of their accrued corpus to large-cap and mid-cap equity assets.
Top 5 Large and Mid-Cap Mutual Funds
HDFC Mid-Cap and Large Fund
Assignated to the HDFC Large and Mid-cap fund is a high-risk equity fund. The fund’s equity holdings comprise 97.11 percent of its total assets, while cash and cash equivalent instruments account for the remaining 2.89 percent. The investment vehicle manages a diversified portfolio of 166 equities, including Infosys, HDFC Bank, and ICICI Bank, among other notable companies. The three-year SIP yield is 24.98 percent, whereas the five-year SIP yield is documented as 23.97 percent. At the moment, the fund is managing assets under the total value of Rs 11,197.54 crore.
Top 5 Large and Mid-Cap Mutual Funds: Motilal Oswal Mid-Cap and Large Fund
During the previous three years, the Motilal Oswal Large and Mid-cap fund ranked second in terms of SIP returns; nevertheless, it is an extremely high-risk mutual fund. With an asset allocation of 101.09 percent to the equity market and a -1.09 percent allocation to cash and cash equivalent instruments, the fund is significantly invested in the equity market. The equity investments are allocated as follows: 24.02 percent to large-cap stocks, 30.85 percent to mid-cap stocks, and 9.47 percent to small-cap stocks. This fund maintains significant investments in Trent, Global Health, and Infosys, among others. It has generated a three-year SIP yield of 24.27%. Since its establishment in 2019, it has generated a yearly return of 20.73 percent. Its AUM is presently Rs 2,080.51 crore.
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Prudential Large and Mid-Cap Fund by ICICI
96.34% of the assets of the ICICI Prudential Large & Mid-cap Fund have been allocated to the equity sector. A portion of this investment is allocated as follows: small-cap stocks receive 2.98 percent, mid-cap stocks receive 25.38 percent, and large-cap stocks receive 52.72%. Additionally, it maintains a 0.95 percent stake in debt instruments. The fund has generated SIP returns of 23.29% over a three-year period and 23.16% over a five-year period. This fund has an AUM of Rs 9,364.53 crore.
Top 5 Large and Mid-Cap Mutual Funds: Large and Mid-Cap Quantitative Funds
67.09 percent of the assets of the quantitative large and mid-cap fund have been allocated to domestic equities. A total of 1.38 percent of this allocation is invested in small-cap stocks, 15.24 percent in mid-cap stocks, and 30.47 percent in large-cap securities. Furthermore, the fund allocates 8.27% of its capital to debt investments, exclusively in government securities. It has generated a SIP return of 22.96% over the past three years. Furthermore, it offers the greatest 5-year SIP return of 24.06 percent among the investments on this list. At present, the fund has an AUM of Rs 6,179 crore.
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Fund of Bandhan Core Equity
96.45% of the assets of the Bandhan Core Equity Fund are invested in the equity market. A total of 39.47% of this investment is allocated to large-cap equities, 26.27% to mid-cap stocks, and 12.59% to small-cap stocks. The three-year SIP return for the fund is 22.66%, whereas the five-year SIP return is 21.92%. Presently, it has an AUM of Rs 2,847 crore.
