Top and Best Large Cap Mutual Funds to invest in 2016
Stock markets continue to be volatile. One week we will see SENSEX reaching 26K and next week 24K. One of the ways to invest in such volatile markets is to invest in Best Mutual Funds in large cap segment in 2016. While you cannot predict stock markets, you can invest in mutual funds through SIP to beat the volatility in the stock market and get superior returns. Which are the top large cap mutual funds to invest in 2016? Which are the Best Mutual Funds to invest in 2016 which can help you to get superior returns in the long run?
Top and Best Large Cap Mutual Funds to invest in 2016
These top 10 mutual funds in India have been analyzed and shortlisted based on key parameters.
- Picked based on highest returns received in the last 5 to 10 years.
- Ranked based on last 3 months returns too. Since most of the funds gave negative returns in the last 1 years due to market volatility, we have picked-up the funds which were less downside compared to peers in the last 3 months to 1 year.
- Funds, which are rated by Crisil as Rank-1, Rank-2 and Rank-3 which indicates good fundamentals for these top 10 best large cap mutual funds.
- Value research (VRO) rated these mutual funds as 5 star, 4 star and 3 star.
- AUMs (Assets under management) > 100 Crores. This proves investor confidence among these top mutual funds.
Also Read: Top 5 Mid-cap / Small-Cap Mutual funds to invest in 2016
Top#1: SBI Blue Chip Fund
Fund Objective: The scheme would invest in stocks of companies whose market capitalization is at least equal to or more than the least market capitalized stock of BSE 100 Index.
Fund Performance: This fund has beaten its benchmark and provided 13.3% annualised returns in last 5 years. Even in last 10 years, this has provided over 10% annualized returns. If one would have invested ₹ 1,000 per month for 5 years, the total investment would have been ₹ 60,000 and investment value by now would have been ₹ 91,500.
Why to invest: This fund has performed well and beaten its peers. It has provided highest SIP returns compared to any other large cap mutual fund. Crisil ranked as Rank-1 and value research online as 4-Star. This is one of the best large cap mutual fund to invest for long term of 8 to 10 years.
Top#2: Kotak Select Focus Fund
Fund Objective: The scheme aims to generate capital appreciation from a diversified portfolio of equity and equity related instruments, generally focused on a few selected sectors.
Fund Performance: This fund has beaten its benchmark (which gave 9.1% returns) and provided 12.7% annualised returns in last 5 years. If one would have invested ₹ 1,000 per month for 5 years, the total investment would have been ₹ 60,000 and investment value by now would have been ₹ 90,400.
Why to invest: This fund has performed well and beaten its peers. It has provided second highest SIP returns compared to any other large cap mutual fund. Crisil ranked as Rank-1 and value research online as 4-Star. This is one definitely one of the best large cap mutual fund to invest for long term of 8 to 10 years.
Top#3: BNP Paribas Equity Fund
Fund Objective: The scheme aims to generate regular long term capital growth from a diversified and actively managed portfolio of equity and equity related securities, which would invest in a range of companies, with a bias towards large and medium market capitalization companies it may also invest in unlisted and / or privately placed and / or Unrated debt securities.
Fund Performance: This fund has beaten its benchmark and provided 12% annualised returns in last 5 years. Even in last 10 years, this has provided over 9.8% annualized returns. If one would have invested ₹ 1,000 per month for 5 years, the total investment would have been ₹ 60,000 and investment value by now would have been ₹ 86,000.
Why to invest: This fund has performed well and beaten its peers. It has given 17% annualized returns since inception. Even this too has provided 3rd highest SIP returns among large cap mutual funds. Crisil ranked as Rank-1 and value research online as 4-Star. This is one of the top large cap mutual fund to invest for long term of 8 to 10 years.
Also Read: Best ELSS Tax Saving Mutual funds to invest now in 2016
Top#4: Birla SL Top 100 Fund
Fund Objective: The scheme invests predominantly in a diversified portfolio of equity and equity related securities of top 100 companies based on market capitalization. The scheme may also invest in ADR/GDR & equities of listed overseas companies.
Fund Performance: This fund has beaten its benchmark and provided 11.3% annualised returns in last 5 years. Even in last 10 years, this has provided over 10.7% annualized returns. If one would have invested ₹ 1,000 per month for 5 years, the total investment would have been ₹ 60,000 and investment value by now would have been ₹ 86,700.
Why to invest: This fund has performed well and beaten the majority of its peers. It has given 14% annualized returns since inception. Even this too has provided 4th highest SIP returns among large cap mutual funds. Crisil ranked as Rank-2 and value research online as 4-Star. This is one of the good large cap mutual fund to invest for long term of 8 to 10 years.
Top#5: Birla SL Frontline Equity
Fund Objective: This fund aims to generate long term growth of capital by diversifying across various industries/sectors in BSE 200.
Fund Performance: This fund has beaten its benchmark and provided 11% annualised returns in last 5 years. Even in last 10 years, this has provided over 13.8% annualized returns. If one would have invested ₹ 1,000 per month for 5 years, the total investment would have been ₹ 60,000 and investment value by now would have been ₹ 85,400.
Why to invest: This fund has performed well and beaten all its peers in last 10 years and provided highest returns. It has given 22% annualized returns since inception. Even this too has provided 5th highest SIP returns among large cap mutual funds. Crisil ranked as Rank-2 and value research online as 5-Star. This is one of the best large cap mutual fund to invest in 2016 as it has provided higher returns in the last 10 years among all large cap funds.
Top#6: UTI Equity Fund
Fund Objective: This mutual fund's objective is to invest at least 80% of its funds in equity and equity related instruments with medium to high risk and balance 20% in debt instruments with low to medium risk profile.
Fund Performance: This fund has beaten its benchmark and provided 11% annualised returns in last 5 years. Even in last 10 years, this has provided over 11.1% annualized returns. If one would have invested ₹ 1,000 for 5 years, the total investment would have been ₹ 60,000 and investment value by now would have been ₹ 84,800.
Why to invest: This fund has been consistently performing well in last 5 years. It has given 12% annualized returns since inception. Even through SIP, it has given superior returns. Crisil ranked as Rank-2 and value research online as 3-Star. One can invest such funds for the long term.
Top#7: SBI Magnum Equity Fund
Fund Objective: This scheme was earlier known as Magnum Multiplier Plus '90, which seeks capital appreciation through investments in a diversified portfolio of equities of high growth companies. This scheme was made open-ended in January 1998.
Fund Performance: This fund has beaten its benchmark and provided 10.1% annualised returns in last 5 years. Even in last 10 years, this has provided over 11.7% annualized returns. If one would have invested ₹ 1,000 per month for 5 years, the total investment would have been ₹ 60,000 and investment value by now would have been ₹ 83,000.
Why to invest: This fund has been performing well in the large cap segment. It has given 15% annualized returns since inception. SIP returns are also high. Crisil ranked as Rank-3 and value research online as 4-Star. One can invest in this fund for the long term.
Top#8: Kotak 50 – Regular Plan
Fund Objective: The scheme seeks capital appreciation, through investments in equities. The fund portfolio would generally comprise of around 50 companies which may go up to 59 companies.
Fund Performance: This fund has beaten its benchmark and provided 9.2% annualised returns in last 5 years. Even in last 10 years, this has provided over 10.2% annualized returns. If one would have invested ₹ 1,000 per month for 5 years, the total investment would have been ₹ 60,000 and investment value by now would have been ₹ 82,700.
Why to invest: This fund has been performing well in the large cap segment. It has given awesome 19% annualized returns since inception. SIP returns are also high. Crisil ranked as Rank-2 and value research online as 4-Star.
Also Read: How to use Systematic Withdrawal Plan in Mutual Funds efficiently?
Top#9: ICICI Pru Focused Blue Chip Fund
Fund Objective: This mutual fund's objective is to invest in 20 large cap companies from the top 200 stocks listed on the NSE on the basis of market capitalization. This fund's objective would get altered if assets cross more than 1,000 Crores (which we are seeing now) where it would invest beyond 200 stocks listed in the NSE.
Fund Performance: This fund has beaten its benchmark and provided 9.6% annualised returns in last 5 years. If one would have invested ₹ 1,000 per month for 5 years, the total investment would have been ₹ 60,000 and investment value by now would have been ₹ 80,000.
Why to invest: This fund has been performing well in the large cap segment. It has given awesome 14% annualized returns since inception. SIP returns are also high. Crisil ranked as Rank-3 and value research online as 4-Star.
Top#10: ICICI Pru Top 100 Fund
Fund Objective: The scheme seeks to generate long term capital appreciation by investing predominantly in equities up to 95% and the balance in debt and money market instruments.
Fund Performance: This fund has beaten its benchmark and provided 9.5% annualised returns in last 5 years. Even for 10 years, it has provided 10% annualized returns. If one would have invested ₹ 1,000 per month for 5 years, the total investment would have been ₹ 60,000 and investment value by now would have been ₹ 80,000.
Why to invest: This fund has been performing well in the large cap segment. It has given awesome 19% annualized returns since inception. SIP returns are also high. Crisil ranked as Rank-4 and value research online as 3-Star.
Complete list of Top and Best Large Cap Mutual Funds to invest are given below
Conclusion: If you are planning to invest for long term for retirement or children education or daughter's education, but do not want to invest in mid-cap /small cap funds, you can invest in these funds. You should note that investing through SIP and for long term of 10 to 15 years can yield superior returns from these funds.
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Suresh
Best Large Cap Mutual Funds to invest in 2016