Top 10 holdings of best large-cap funds
Large-cap funds invest in the top companies i.e., the first hundred companies in terms of market capitalisation. These funds are open-ended equity schemes, predominantly investing in large-cap stocks. Minimum 80 per cent is invested towards equity and equity-related instruments of large-cap companies. These companies are highly reputed and have an excellent track record of generating wealth for their investors over a long period. Large-cap funds are less risky than small-cap and mid-cap funds.
The following table depicts the top three funds on the basis of their 5-year return along with their AUM as of July 31, 2021:
|
Fund name
|
5-year return (per cent)
|
AUM (in crore)
|
Expense ratio (as on July 31, 2021) (per cent)
|
|
Axis Bluechip Fund
|
18.71
|
Rs 29,161
|
0.49
|
|
Canara Robeco Bluechip Equity Fund
|
18.11
|
Rs 3,691
|
0.34
|
|
Mirae Asset Large Cap Fund
|
16.97
|
Rs 27,435
|
0.54
|
The following depicts the top 10 holdings of the abovementioned funds:
