Top and Best Large Cap Mutual Funds to invest in India in 2021
Large Cap mutual funds are like evergreen mutual funds. Post SEBI re-categorization of mutual fund schemes in 2018, many fund managers have shifted their focus to large Cap funds. While midcap/small cap funds bounced back in 2020, one of the category of mutual funds which is expected to continue to perform well are largecap funds. If you are thinking about Best Large Cap Mutual Funds to invest in 2021, this article is for you. Which are the Top Performing Large cap Funds to invest through SIP in 2021?
Also Read: Top 10 Mutual Funds for 2021 that has largecap, midcap and small cap segment
Benefits of investing in Large Cap Mutual Funds through SIP
Experts keep indicating that investors should invest in largecap funds through SIP. Here are the major benefits and reasons to invest in SIP mutual funds.
1) The SIP strategy would benefit from Rupee Cost Averaging.
2) If you invest through SIP, you can enjoy the power of Compounding Returns.
3) You would have disciplined savings as you are investing them regularly.
4) With SIP, you would enjoy the flexibility of investing.
5) SIP returns are always higher, compared to other fixed income options like FD or NCDs or any other investment options.
How we picked Large Cap Mutual Funds here?
Below is the methodology we have used to pick-up Best Large Cap Mutual Fund Plans to invest in 2021.
1) Large Cap Funds that have performed well in the last 5-10 years are considered here.
2) LargeCap Mutual Fund schemes that have performed well in various stock market cycles are further filtered.
3) Funds that are rated 5 star, 4 star, 3 star by value research online are considered.
4) Majority of these Largcap mutual funds are already recommended by us earlier, hence it could be repetition in this article.
10 Best Large Cap Mutual Funds to invest in 2021 in India
Here are the list of Top 10 Large cap Funds to invest through SIP in 2021.
Mirae Asset Large Cap Fund – Regular Plan
ICICI Prudential Bluechip Fund
BNP Paribas Large Cap Fund
Nippon India Large Cap Fund
Aditya Birla Sun Life Focused Equity Fund
SBI Bluechip Fund
Aditya Birla Sun Life Frontline Equity Fund
HDFC Top 100 Fund
Kotak Bluechip Fund – Regular Plan
Axis Bluechip Fund
Now let us check individual mutual fund scheme about their performance and their ratios.
Top and Best Large Cap Mutual Funds for 2021 – Detailed View
#1 – Mirae Asset Large Cap Fund
Investment Objective: The scheme aims to maximize long term capital appreciation by finding investment opportunities resulting from Indian economic growth and its structural shifts through investing in equity and equity related securities.
Performance and Ratios of the fund
| Fund | Mirae Asset Large Cap Fund |
|---|---|
| Returns in 3mth | 9.1% |
| Returns in 1 year | 6.5% |
| Annualised Returns in 3 years | 5.3% |
| Annualised Returns in 5 years | 10.0% |
| Annualised Returns in 10 years | 11.7% |
| Exp Ratio | 500.00% |
| Net Assets (AUM) Rs Crs | 18,386 |
| 1 Lakh invested 3 years back is now | 1.17 Lakhs |
| 1 Lakh invested 5 years back is now | 1.61 Lakhs |
| 1 Lakh invested 10 years back is now | 3.01 Lakhs |
| Standard Deviation | 20.96 |
| Sharpe Ratio | 0.11 |
| Sortino Ratio | 0.12 |
| Beta | 0.99 |
| Alpha | 0.00 |
| R-Squared | 0.99 |
#2 – ICICI Prudential Bluechip Fund
Investment Objective: The MF aims to generate long term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity related securities of large cap companies.
Performance and Ratios of the fund:
| Fund | ICICI Prudential Bluechip Fund |
|---|---|
| Returns in 3mth | 6.2% |
| Returns in 1 year | 2.0% |
| Annualised Returns in 3 years | 3.3% |
| Annualised Returns in 5 years | 7.8% |
| Annualised Returns in 10 years | 9.2% |
| Exp Ratio | 400.00% |
| Net Assets (AUM) Rs Crs | 24,365 |
| 1 Lakh invested 3 years back is now | 1.1 Lakhs |
| 1 Lakh invested 5 years back is now | 1.46 Lakhs |
| 1 Lakh invested 10 years back is now | NA |
| Standard Deviation | 19.94 |
| Sharpe Ratio | -0.01 |
| Sortino Ratio | -0.01 |
| Beta | 0.94 |
| Alpha | -2.28 |
| R-Squared | 0.98 |
Considering its consistent performance, ICICI Prudential Bluechip is one of the Best Large Cap Mutual funds to invest in 2021
#3 – BNP Paribas Large Cap Fund
Investment Objective: The Scheme seeks to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities by predominantly investing in large market capitalization companies.
Performance and Ratios of the fund:
| Fund | BNP Paribas Large Cap Fund |
|---|---|
| Returns in 3mth | 5.5% |
| Returns in 1 year | 4.0% |
| Annualised Returns in 3 years | 5.6% |
| Annualised Returns in 5 years | 7.2% |
| Annualised Returns in 10 years | 10.0% |
| Exp Ratio | 300.00% |
| Net Assets (AUM) Rs Crs | 844 |
| 1 Lakh invested 3 years back is now | 1.18 Lakhs |
| 1 Lakh invested 5 years back is now | 1.41 Lakhs |
| 1 Lakh invested 10 years back is now | 2.58 Lakhs |
| Standard Deviation | 17.99 |
| Sharpe Ratio | 0.08 |
| Sortino Ratio | 0.09 |
| Beta | 0.84 |
| Alpha | -0.43 |
| R-Squared | 0.96 |
#4 – Nippon India Large Cap Fund
Investment Objective: The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments of large cap companies.
Performance and Ratios of the fund:
| Fund | Nippon India Large Cap Fund |
|---|---|
| Returns in 3mth | 4.8% |
| Returns in 1 year | -6.9% |
| Annualised Returns in 3 years | -0.2% |
| Annualised Returns in 5 years | 5.3% |
| Annualised Returns in 10 years | 7.9% |
| Exp Ratio | 200.00% |
| Net Assets (AUM) Rs Crs | 10,616 |
| 1 Lakh invested 3 years back is now | 1 Lakhs |
| 1 Lakh invested 5 years back is now | 1.3 Lakhs |
| 1 Lakh invested 10 years back is now | NA |
| Standard Deviation | 23.36 |
| Sharpe Ratio | -0.11 |
| Sortino Ratio | -0.12 |
| Beta | 1.07 |
| Alpha | -5.04 |
| R-Squared | 0.93 |
#5 – Aditya Birla Sun Life Focused Equity Fund
Investment Objective: The Scheme seeks to achieve long term capital appreciation by investing in up to 30 companies with long term sustainable competitive advantage and growth potential
Performance and Ratios of the fund:
| Fund | Aditya Birla Sun Life Focused Equity Fund |
|---|---|
| Returns in 3mth | 7.5% |
| Returns in 1 year | 4.9% |
| Annualised Returns in 3 years | 2.3% |
| Annualised Returns in 5 years | 7.0% |
| Annualised Returns in 10 years | 9.5% |
| Exp Ratio | 300.00% |
| Net Assets (AUM) Rs Crs | 4,115 |
| 1 Lakh invested 3 years back is now | 1.07 Lakhs |
| 1 Lakh invested 5 years back is now | 1.4 Lakhs |
| 1 Lakh invested 10 years back is now | 2.48 Lakhs |
| Standard Deviation | 20.53 |
| Sharpe Ratio | -0.05 |
| Sortino Ratio | -0.05 |
| Beta | 0.96 |
| Alpha | -3.15 |
| R-Squared | 0.97 |
#6 – SBI Bluechip Fund
Investment Objective: The scheme seeks to provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of large cap equity stocks (as specified by SEBI/AMFI from time to time).
Performance and Ratios of the fund:
| Fund | SBI Bluechip Fund |
|---|---|
| Returns in 3mth | 7.1% |
| Returns in 1 year | 1.2% |
| Annualised Returns in 3 years | 2.6% |
| Annualised Returns in 5 years | 6.8% |
| Annualised Returns in 10 years | 9.2% |
| Exp Ratio | 300.00% |
| Net Assets (AUM) Rs Crs | 22,604 |
| 1 Lakh invested 3 years back is now | 1.08 Lakhs |
| 1 Lakh invested 5 years back is now | 1.39 Lakhs |
| 1 Lakh invested 10 years back is now | 2.41 Lakhs |
| Standard Deviation | 20.79 |
| Sharpe Ratio | -0.03 |
| Sortino Ratio | -0.03 |
| Beta | 0.97 |
| Alpha | -2.81 |
| R-Squared | 0.97 |
Considering its long standing performance, SBI Bluechip is one of the Best Large Cap funds to invest in India.
#7 – Aditya Birla Sun Life Frontline Equity Fund
Investment Objective: The scheme seeks long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and/ or sectors as its chosen benchmark index, Nifty 50. The secondary objective
Performance and Ratios of the fund:
| Fund | Aditya Birla Sun Life Frontline Equity Fund |
|---|---|
| Returns in 3mth | 7.8% |
| Returns in 1 year | 2.6% |
| Annualised Returns in 3 years | 1.2% |
| Annualised Returns in 5 years | 6.4% |
| Annualised Returns in 10 years | 8.6% |
| Exp Ratio | 200.00% |
| Net Assets (AUM) Rs Crs | 17,803 |
| 1 Lakh invested 3 years back is now | 1.04 Lakhs |
| 1 Lakh invested 5 years back is now | 1.36 Lakhs |
| 1 Lakh invested 10 years back is now | 2.29 Lakhs |
| Standard Deviation | 20.86 |
| Sharpe Ratio | -0.09 |
| Sortino Ratio | -0.10 |
| Beta | 0.98 |
| Alpha | -4.17 |
| R-Squared | 0.98 |
#8 – HDFC Top 100 Fund
Investment Objective: The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Large-Cap companies.
Performance and Ratios of the fund:
| Fund | HDFC Top 100 Fund |
|---|---|
| Returns in 3mth | 3.3% |
| Returns in 1 year | -6.7% |
| Annualised Returns in 3 years | 0.2% |
| Annualised Returns in 5 years | 5.6% |
| Annualised Returns in 10 years | 6.6% |
| Exp Ratio | 200.00% |
| Net Assets (AUM) Rs Crs | 15,759 |
| 1 Lakh invested 3 years back is now | 1 Lakhs |
| 1 Lakh invested 5 years back is now | 1.31 Lakhs |
| 1 Lakh invested 10 years back is now | 1.89 Lakhs |
| Standard Deviation | 21.85 |
| Sharpe Ratio | -0.13 |
| Sortino Ratio | -0.15 |
| Beta | 1.00 |
| Alpha | -5.06 |
| R-Squared | 0.94 |
#9 – Kotak Bluechip Fund – Regular Plan
Investment Objective: The scheme seeks to generate capital appreciation from a portfolio of predominantly equity and equity related securities falling under the category of large Cap companies.
Performance and Ratios of the fund:
| Fund | Kotak Bluechip Fund |
|---|---|
| Returns in 3mth | 9.1% |
| Returns in 1 year | 7.9% |
| Annualised Returns in 3 years | 5.4% |
| Annualised Returns in 5 years | 7.4% |
| Annualised Returns in 10 years | 8.2% |
| Exp Ratio | 300.00% |
| Net Assets (AUM) Rs Crs | 1,653 |
| 1 Lakh invested 3 years back is now | 1.17 Lakhs |
| 1 Lakh invested 5 years back is now | 1.43 Lakhs |
| 1 Lakh invested 10 years back is now | 2.21 Lakhs |
| Standard Deviation | 20.57 |
| Sharpe Ratio | 0.10 |
| Sortino Ratio | 0.11 |
| Beta | 0.97 |
| Alpha | -0.17 |
| R-Squared | 0.98 |
#10 – Axis Bluechip Fund
Investment Objective: The scheme aims to generate long term capital growth by investing in a diversified portfolio predominantly consisting of equity & equity related instruments of large cap companies.
Performance and Ratios of the fund:
| Fund | Axis Bluechip Fund |
|---|---|
| Returns in 3mth | 7.4% |
| Returns in 1 year | 4.3% |
| Annualised Returns in 3 years | 9.5% |
| Annualised Returns in 5 years | 10.5% |
| Annualised Returns in 10 years | 10.0% |
| Exp Ratio | 500.00% |
| Net Assets (AUM) Rs Crs | 16,764 |
| 1 Lakh invested 3 years back is now | 1.31 Lakhs |
| 1 Lakh invested 5 years back is now | 1.65 Lakhs |
| 1 Lakh invested 10 years back is now | 2.6 Lakhs |
| Standard Deviation | 16.68 |
| Sharpe Ratio | 0.30 |
| Sortino Ratio | 0.32 |
| Beta | 0.74 |
| Alpha | 3.30 |
| R-Squared | 0.88 |
You may like: Top Midcap Funds to invest in 2021
Performance of these Top 10 Large Cap Funds to invest in 2021
Who can invest in these large cap funds?
Before you pick-up any best large cap fund from the above list, you should understand who can invest in these funds. This would help you know that you are investing in the right mutual fund scheme.
1) Large cap funds invest in large cap / blue chip stocks. While there could be good potential to grow your money, these are high risk funds. If you are moderate to high risk investor, you can invest in these funds.’
2) Large cap funds generally tend to perform well over 8-10 years. If you are are long term investor, you can invest, else you can skip them.
3) Investing in large cap funds through SIP is better than a lump sum. If you want to invest a lump sum in mutual funds, you can skip this category unless you are investing during the stock market crash or when stock markets are extremely down.
4) Today’s best large cap fund could be tomorrow’s moderate performer or low performer due to various reasons. To avoid this, one of the best strategy is investing in 2-3 large cap funds.
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I want to invest for 5-7 years @ 10000 per month. it seems that best performing Large caps funds Axis Blue Chip, Mirae large cap fund, Mid +large cap Mirae Emerging Blue Chip fund, and Multicap Kotak Mahindra Multicap and SBI Multicap fund or Axis 25 fund come to mind after reading your article dated ???. May be old article. please tell me 3 funds to invest. I will not go mid or small cap funds. Best regards
Hello Dr Bhanwar, You can invest any of the 3 funds indicated in this article.
Hi Suresh Sir,
I am investing in following mutual funds through SIP of 1000 rs each monthly.
Invesco india midcap fund
Kotak emerging equities midcap funds
Axis Midcap fund
Axis Bluechip fund large Cap
Mirae assete emerging bluechip fund.
Please review my portfolio of mutual funds for any changes required.
I also want to invest in PPF and NPS.
I am confused with all these options of investment.
Please suggest me which is best options in all these to invest around 20 thousands per month.
I want liquidity and good returns and ready to take risk.
Kuldeepa, Your funds selection is good. First understand about PPF and NPS before investing. You can read articles on my blog on this subject (pls use search button to search relevant articles). Once you understand them, plan your further investments.
Thanks, I will go through the article, Shall I need to add any other mutual fund in my current portfolio for balancing and diversification. Please suggest the category and fund if any
Hello Kuldeepa, You have midcap and blue chip funds in your portfolio. You can add 1-2 largecap funds too. You can check the article which you are viewing now for best performing largecap funds.
Suresh sir, I have invested in SBI blue chip & ABSL frontline focused equity fund through SIP though both are large cap funds ,I want to diversify my portfolio by doing SIP in midcap & smallcap fund ,would u suggest some quality small & midcap funds or any other funds suitable for me want to invest 4 k among these funds monthly ,Thanks
You can invest in some of the top midcap funds like Axis midcap fund, invesco midcap fund, DSP midcap fund. In small cap you can consider Nippon Life small cap fund, SBI small cap fund, DSP smallcap fund, Franklin India smaller cos fund etc.,
Hi Suresh,
I am currently investing in below two MFs on monthly basis :
Mirae Asset Emerging Bluechip : 12000
SBI Blue chip Fund : 4000
Could you please recommend one or two more MFs that i can additionally invest in.
I have low to moderate level risk Appetite and plan to stay invested for medium to long term ( > 5 years).
Thanks a lot.
Hello Rajat, You need to invest in mutual funds for long term. If your time horizon is 5 years, you can invest in balanced funds like HDFC Hybrid fund or ICICI Pru debt and equity fund etc.,