Top Performing Large Cap Mutual Funds: 7 Schemes with Over 35% Returns in the Last Year - Read Now

Investors in general look for high return mutual funds, and one of the most popular options is large-cap mutual fund. This category supports stability, besides growth. For example, some of the large-cap schemes have recorded high returns of more than 35% in one year till November 8, 2024. Large-cap mutual funds invest at least 80% of their assets in large-cap stocks, which are shares of the top 100 companies ranked by market capitalization.

Best Large-cap Mutual Funds with Over 35% Return
Large cap mutual funds give access to gigantic companies showing relatively stable performances compared with other stocks that are smaller and mid-cap. For the ones interested in investing in large-cap funds, here are some of the best-performing schemes by one-year returns as of 8 November 2024 below:

Quant Large Cap Fund - 37.54% return, AUM ₹2,577.89 crore
DSP Top 100 Equity Fund – 35.78% return, AUM ₹4,503.34 crore
Bandhan Large Cap Fund – 35.40% return, AUM ₹1,724.83 crore
Invesco India Largecap Fund – 35.18% return, AUM ₹1,279.96 crore
Taurus Large Cap Fund – 34.91% return, AUM ₹50.22 crore
JM Large Cap Fund – 34.73% return, AUM ₹470.93 crore
WhiteOak Capital Large Cap Fund – 34.67% return, AUM ₹640.26 crore
The list shows that the highest return over the last year is achieved by Quant Large Cap Fund at 37.54%. DSP Top 100 Equity Fund follows closely with a 35.78% return. Thus, these large-cap funds have proven their worth to investors searching for steady and promising returns. Taurus Large Cap Fund has the smallest AUM, ₹50.22 crore, but has delivered a solid 34.91%.

Why Invest in Large-Cap Mutual Funds?
Large-cap mutual funds are appealing for investment by those who seek exposure to the best performing equities but prefer lower volatility in investments. Such funds predominantly have short investments in blue-chip or well-established companies operating in their respective markets. Small and mid-cap stocks often possess far higher valuations and thus appear to be a more risky proposition, hence large-cap funds are a good balance for risk-averse investors.

Remember that past performance is no guarantee of future results, however. Although the last year has seen these large-cap funds deliver outstanding results, from hereon, market conditions and economic trends will drive returns.

Knowing the Role of AUM in Performance
Asset size may also be an indicator of the stability and growth of a mutual fund. Both DSP Top 100 Equity Fund and Quant Large Cap Fund are two of the largest when it comes to AUM, and these figures stand at above ₹2,500 crore, thus well-prepared for large scale investments. One needs to look at the AUM of a fund as well, where larger funds usually seem stable but smaller ones could offer much greater potential for growth in the right hands.

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