Best Mutual Funds in India from Large Cap-Midcap Segment for 2019
There are mutual funds that invests in large cap category. There are mutual funds that invests in Midcap segment. However, as per SEBI categorization done in April/May-2018, another segment of mutual funds that came are funds that invests in large cap + Midcap segment. Some of the funds were already adopting this investment strategy, however the categorization has brought an opportunity to investors to know about this separate categorization of these funds. Which are the Best Mutual Funds in India to invest in 2019 in Largecap/Midcap Segment? Which are 6 Top Mutual Funds in India to invest now post SEBI categorization of mutual fund schemes?
Also Read: Best Performing Small Cap Mutual Funds to invest now
What are Large cap – Midcap Mutual Funds in India?
Large Cap Cum Midcap Mutual Funds are those that select stocks for investment from the largest 250 stocks listed in the Indian markets (highest market capitalization). Larger stocks are expected to be less risky whereas smaller stocks may have higher potential to grow.
How we filtered Best Large cap-Midcap Mutual Funds in India in 2019?
Below are some of the key parameters considered while filtering these best mutual funds to invest in India. One should note that these funds would not be 100% larger cap-Midcap fund earlier, hence performance may not be comparable in some cases.
1) Funds that have outperformed in the last 5 years, 3 years and 1 year have been considered.
2) Preference is given to the highest performance in the last 10 years. This shows that such funds has been performing well in the last 8-10 years.
3) Selected mutual funds that quickly bounced back from the recent fall in the stock market.
4) Funds that have the highest rating from Value Research and Crisil are also given preference.
5) Considered mutual funds that appreciated to the highest value if invested in lump sum in the last 3-5 years.
6) Filtered Funds that have Assets under management (AUM) of more than ₹ 100 Crores which shows investor confidence.
Who can invest in these large