Large-cap funds are equity-oriented schemes offered by mutual fund houses. These funds predominantly invest a substantial portion of their assets in big businesses. Large-cap companies are the ones that rank from 1st to 100th in terms of full market capitalisation. These funds allocate a minimum of 80 per cent of their total assets towards equity and equity-related instruments. Large-cap funds have lower risk as compared to mid-cap and small-cap funds as the latter two are very volatile in nature. These funds invest in companies that are usually leaders in their fields of businesses.
Below are some of the top large cap funds.