Top 5 Large & Midcap Mutual Funds With Best Returns in 5 Years: Mutual funds are investment vehicles that pool money from different investors and invest it in various assets such as stocks, equities and bonds. Of the various types of mutual funds, large-cap and mid-cap funds invest in companies of different sizes based on their market capitalisation.
What are large-cap mutual funds?
Large-cap mutual funds primarily invest in large companies with a market capitalisation of over Rs 20,000 crore. These companies are generally deemed financially stable and have a strong presence in their industries.
What are midcap mutual funds?
Midcap mutual funds invest in companies with a market capitalisation of between Rs 5,000 crore and Rs 20,000 crore. These companies are typically in their growth phase and have the potential to provide higher returns, though they can be more volatile than largecap companies.
Here are the top 5 large and midcap mutual funds that have delivered the highest returns in the last five years as of July 18. According to calculations, a Rs 30,00,000 one-time investment in the top fund has grown to Rs 70.85 lakh in just 5 years.
Motilal Oswal Large and Midcap Fund
In 5 years, Motilal Oswal Large and Midcap Fund has given a 18.75 per cent annualised return. Its assets under management (AUM) are Rs 18,413 crore, while its net asset value (NAV) is Rs 35.7213. Benchmarked against Nifty Large Midcap 250 TRI, the fund has given annualised returns of 20.39 per cent since its launch in September 2019.
With an expense ratio of 1.84 per cent, the fund has a minimum SIP investment of Rs 3,000 and a minimum lump-sum investment of Rs 5,000. With a lump-sum investment of Rs 30,00,000 in an MF, the fund has grown to Rs 70,85,000 over 5 years.
Invesco India Large & Mid Cap Fund
In 5 years, Invesco India Large & Mid Cap Fund has given a 17.37 per cent annualised return. Its assets under management (AUM) are Rs 11,164 crore, while its net asset value (NAV) is Rs 109.61. Benchmarked against Nifty Large Midcap 250 TRI, the fund has given annualised returns of 13.53 per cent since its launch in July 2007.
With an expense ratio of 1.91 per cent, the fund has a minimum SIP investment of Rs 3,000 and a minimum lump-sum investment of Rs 5,000. With a lump-sum investment of Rs 30,00,000 in an MF, the fund has grown to Rs 66,82,000 over 5 years.
ICICI Prudential Large & Mid Cap Fund
In 5 years, ICICI Prudential Large & Mid Cap Fund has given a 17.26 per cent annualised return. Its assets under management (AUM) are Rs 30,971 crore, while its net asset value (NAV) is Rs 1,034.66. Benchmarked against Nifty Large Midcap 250 TRI, the fund has given annualised returns of 17.89 per cent since its launch in June 1998.
With an expense ratio of 1.93 per cent, the fund has a minimum SIP investment of Rs 3,000 and a minimum lump-sum investment of Rs 5,000. With a lump-sum investment of Rs 30,00,000 in an MF, the fund has grown to Rs 66,51,000 over 5 years.
Bandhan Large & Mid Cap Fund
In 5 years, Bandhan Large & Mid Cap Fund has given a 116.90 per cent annualised return. Its assets under management (AUM) are Rs 18,783 crore, while its net asset value (NAV) is Rs 140.25. Benchmarked against Nifty Large Midcap 250 TRI, the fund has given annualised returns of 13.18 per cent since its launch in June 2005.
With an expense ratio of 2.4 per cent, the fund has a minimum SIP investment of Rs 3,000 and a minimum lump-sum investment of Rs 5,000. With a lump-sum investment of Rs 30,00,000 in an MF, the fund has grown to Rs 65,07,000 over 5 years.
Quant Large and Mid Cap Fund
In 5 years, Quant Large and Mid Cap Fund has given a 15.95 per cent annualised return. Its assets under management (AUM) are Rs 3,450 crore, while its net asset value (NAV) is Rs 125.04. Benchmarked against Nifty Large Midcap 250 TRI, the fund has given annualised returns of 13.63 per cent since its launch in November 2006.
With an expense ratio of 2.49 per cent, the fund has a minimum SIP investment of Rs 3,000 and a minimum lump-sum investment of Rs 5,000. With a lump-sum investment of Rs 30,00,000 in an MF, the fund has grown to Rs 62,88,000 over 5 years.
