Top 5 Best Large Cap Mutual Funds to invest in 2022

Best Large Cap Mutual Funds to invest in 2022 - Top 5 Largecap Mutual Funds in India

Stock markets were correcting in the last few weeks and then bounced back again now. Experts predict that Nifty50 would move towards 20,000 to 22,000 range. If you are investing in mutual funds, you might be wondering which mutual funds can outperform when Nifty50 or Sensex moving towards new high. There is no doubt that large cap funds can outperform if Nifty or Sensex reaches new high. In this case investing in large cap equity funds makes sense. What are large cap equity mutual funds? Which are the Top 5 Best Large Cap Mutual Funds to invest in 2022? How is the past performance of these large cap funds?

Also Read: Best Large and Midcap Mutual Funds in 2022

What are Large Cap Equity Mutual Funds?

Large Cap Equity Funds would invest in large cap companies that are majorly part of Nifty100 index. These funds would invest the majority of their portfolio in companies that has a large market capitalization.

Large Cap Funds would offer stable and sustainable returns in the medium to long term.

Who can invest in Large Cap Funds?

Large cap mutual funds are for moderate to high risk investors.

These large cap funds can perform well in the medium to long term.

Investors who are willing to take some risk and would like to invest for 5+ years can invest in large cap mutual funds.

These funds have historically generated 10% to 12% returns. While past performance is just an indication, it can provide how well such funds can perform in various market cycles in the future.

5 Best Large Cap Mutual Funds to invest in 2022

Here is the list of consistent performing large cap mutual funds to invest in India.

#1 – Axis Blue Chip Fund

This fund invests in equity and related instruments in large cap companies in India.

This fund generated 14% annualized returns in the last 5 years.

This fund generated SIP returns of 11% in the last 3 years and 12% in the last 5 years.

This fund has a low beta of 0.8. Beta refers to the volatility of the fund compared to its benchmark. Any fund that has a beta of lower than 1 can be considered as less volatile compared to the benchmark.

This fund has an alpha of 0.13. Alpha is excess returns earned over the benchmark. Any fund that has alpha of more than zero can provide higher returns compared to benchmark.

In terms of rolling returns consistency, this fund generated 12%+ returns for 75% of the times and over 8% returns for 20% of the times. It has not provided any negative returns.

Considering all these factors, Axis Blue Chip Fund is one of the best large cap mutual funds to invest in 2022.

Performance & Risk Metrics Axis Bluechip Fund
Value Research Rating 5 Star
Crisil Rank 2
3 Years – SIP Returns 11%
5 Years – SIP Returns 12%
5 Years – Annualised Returns 14%
AUM –  Crores 32,322
Expense Ratio 0.48%
Risk Grade Low
Return Grade High
Beta 0.8
Alpha 0.13

#2 – Canara Robeco Blue Chip Equity Fund

This fund is named as Canara Robeco blue chip fund+ which invests in top 150 companies based on market capitalization.

This fund generated 14% annualized returns in the last 5 years.

This fund generated highest SIP returns of 16% in the last 3 years and 15% in the last 5 years.

This fund has a low beta of 0.86. Beta refers to the volatility of the fund compared to its benchmark (which is 1). Any fund that has a beta of lower than 1 can be considered as less volatile compared to the benchmark.

This fund has an alpha of 3.5. Alpha is excess returns earned over the benchmark. Any fund that has alpha of more than zero can provide higher returns compared to benchmark.

In terms of rolling returns consistency, this fund generated 12%+ returns for 62% of the times and over 8% returns for 30% of the times. It has not provided any negative returns.

Considering all these factors, it is one of the best large cap fund in India in 2022.

Performance & Risk Metrics Canara Robeco Bluechip Equity Fund
Value Research Rating 5 Star
Crisil Rank 5
3 Years – SIP Returns 16%
5 Years – SIP Returns 15%
5 Years – Annualised Returns 21%
AUM –  Crores 6,824
Expense Ratio 0.34%
Risk Grade Low
Return Grade High
Beta 0.86
Alpha 3.5

#3 – Mirae Asset Large Cap Fund

This fund invests in opportunities in large cap companies that would arise in India economic growth and its structural shifts.

This fund generated 13% annualized returns in the last 5 years.

This fund generated highest SIP returns of 28% in the last 3 years and 20% in the last 5 years.

This fund has a beta of 0.97. Beta refers to the volatility of the fund compared to its benchmark (which is 1). Any fund that has a beta of lower than 1 can be considered as less volatile compared to the benchmark.

This fund has an alpha of 0.4. Alpha is excess returns earned over the benchmark. Any fund that has alpha of more than zero can provide higher returns compared to benchmark.

In terms of rolling returns consistency, this fund generated 12%+ returns for 75% of the times and over 8% returns for 18% of the times. It has not provided any negative returns.

Considering all these factors, it is one of the best large cap funds to invest now in 2022.

Performance & Risk Metrics Mirae Asset Large Cap Fund
Value Research Rating 4 Star
Crisil Rank 3
3 Years – SIP Returns 17%
5 Years – SIP Returns 14%
5 Years – Annualised Returns 13%
AUM –  Crores 30,299
Expense Ratio 0.57%
Risk Grade Below Average
Return Grade High
Beta 0.97
Alpha 0.4

#4 – BNP Paribas Large Cap Fund

This fund invests in large cap stocks in India.

This fund generated 12% annualized returns in the last 5 years.

This fund generated highest SIP returns of 15% in the last 3 years and 14% in the last 5 years.

This fund has a low beta of 0.83. Beta refers to the volatility of the fund compared to its benchmark (which is 1). Any fund that has a beta of lower than 1 can be considered as less volatile compared to the benchmark.

This fund has an alpha of 1.87. Alpha is excess returns earned over the benchmark. Any fund that has alpha of more than zero can provide higher returns compared to benchmark.

In terms of rolling returns consistency, this fund generated 12%+ returns for 58% of the times and over 8% returns for 20% of the times. It has provided negative returns for 0.13% of the times.

Considering all these factors, it is one of the Top large cap mutual funds to invest in 2022.

Performance & Risk Metrics BNP Paribas Large Cap Fund
Value Research Rating 5 Star
Crisil Rank 2
3 Years – SIP Returns 15%
5 Years – SIP Returns 14%
5 Years – Annualised Returns 12%
AUM –  Crores 1,205
Expense Ratio 0.98%
Risk Grade Low
Return Grade Above Average
Beta 0.84
Alpha 1.87

#5 – Kotak Blue Chip Fund

This fund invests predominantly in large cap companies in India.

This fund generated 12% annualized returns in the last 5 years.

This fund generated SIP returns of 17% in the last 3 years and 14% in the last 5 years.

This fund has a low beta of 0.95. Beta refers to the volatility of the fund compared to its benchmark (which is 1). Any fund that has a beta of lower than 1 can be considered as less volatile compared to the benchmark.

This fund has an alpha of 2.91. Alpha is excess returns earned over the benchmark. Any fund that has alpha of more than zero can provide higher returns compared to benchmark.

In terms of rolling returns consistency, this fund generated 12%+ returns for 56% of the times and over 8% returns for 21% of the times. It has provided negative returns for 0.25% of the times.

Considering all these factors, it is one of the Top 5 large cap mutual funds for 2022.

Performance & Risk Metrics Kotak Bluechip Fund
Value Research Rating 4 Star
Crisil Rank 5
3 Years – SIP Returns 17%
5 Years – SIP Returns 14%
5 Years – Annualised Returns 12%
AUM –  Crores 4,217
Expense Ratio 0.78%
Risk Grade Below Average
Return Grade High
Beta 0.95
Alpha 1.92

Also Read: This Mutual Fund invests in Recently Listed IPOs or Upcoming IPOs

List of Top 5 Large Cap Mutual Funds – Annualised returns

*Returns are annualised

Mutual Fund Name 1 Year 3 Years 5 Years
Axis Bluechip Fund -2% 13% 14%
Canara Robeco Bluechip Equity Fund 2% 17% 14%
Mirae Asset Large Cap Fund 4% 14% 12%
BNP Paribas Large Cap Fund 5% 15% 12%
Kotak Bluechip Fund 3% 16% 12%

FAQs on Large Cap Mutual Funds

Which mutual fund is best in largecap ?

Mutual Funds tend to perform differently in various market cycles. One should always invest in consistent performing equity mutual funds. Axis Bluechip Fund and Canara Robeco Bluechip Fund are consistent performers that generated over 20% annualised returns.

Is it good time to invest in largecap fund?

Stock markets can correct in short term. However in long run, stock markets are always expected to go up. It is always good to invest in largecap fund through SIP and add additional lumpsum investments during stock market corrections.

Which are the 5 Top Performing Mutual Funds?

If we look at consistent performance, below are top 5 performing mutual funds over long term.

  • Axis Bluechip Fund
  • Canara Robeco Bluechip Equity Fund
  • Mirae Asset Large Cap Fund
  • BNP Paribas Large Cap Fund
  • Kotak Bluechip Fund

Which are the best performing large cap mutual funds in last 5 years?

Below are the top performing mutual funds in last 1 years.

  • Canara Robeco blue chip fund
  • Axis blue chip fund
  • Mirae Asset largecap fund
  • Sundaram large cap fund
  • Edelweiss large cap fund

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Suresh KP

6 comments

  • Savaee

    Hi Suresh,
    Please provide your review on below funds.
    1. Axis growth opportunities fund (Large and Midcap)
    2. Canara Robeco small cap fund
    3. Kotak Nasdaq 100 FOF
    4. UTI Nifty index fund

  • RAJESH SHARMA

    Dear Sir,
    All above funds are actively managed funds and have high management fees as compared to Nippon India ETF NV20. This fund is less volatile, has superior returns across 1Y/3Y/5Y timeframe and has performed consistently.
    Any reasons for excluding such funds ?

    • Largecap universe is top 100 stocks by market capitalization. Your are comparing this top 100 stocks with Nifty NV20 stocks which is incorrect. Both have different objectives. Since investors are already moving towards direct plans, the management fees / expense ratio would be lower anyways. If investors are still investing in regular plans, they need to pay high expense ratio.

  • Lalbabu Singh

    I really appreciate your analysis mutual fund but still I’m confused to invest in the mutual funds sip.where to invest and how to invest in the sip. There is any app to go through the apps or through the AMC.plz guide me thank you

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