Good investments are continuously coming in large- and mid-cap mutual funds. Sharekhan has selected 7 schemes from this category for SIP investors. In 5 years, a fund of about Rs 11 lakh has been created in these funds from a SIP of Rs 10K a month.
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Top Large and Mid-cap Funds for SIP: The stock market is at record levels. The global economy and geopolitical situation is not in a healthy state. In such a situation, huge investments are being made in mutual funds. Investors are focusing on SIP. A total of Rs 14,091 crore was invested in equity funds in the month of September.
In this amount, about Rs 1,335 crore came in large and mid-cap funds.
This is a category of mutual funds in which large caps provide security to the portfolio and mid caps provide higher returns.
Top Large and Midcap Funds
Brokerage firm Sharekhan has selected a total of 7 funds from large- and mid-cap category for SIP investors in the month of October.
In this write-up, we will tell you how much returns these funds have given to SIP investors in the last five years.
We will tell that if a SIP of Rs 10,000 had been started 5 years ago, what would have been the value of these funds today.
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(Note- NAV and fund size is based on October 17. Source- AMFI)
1. HDFC Large and Midcap Fund
2. Bandhan Core Equity Fund –
3. SBI Large and Midcap Fund
4. Kotak Equity Opportunities Fund
5. Tata Large and Midcap Funds
6. Edelweiss Large and Midcap Funds
7. Mirae Asset Emerging Bluechip Fund
HDFC Large and Midcap Fund
The NAV of this fund is Rs 245.5.
The fund’s asset under management (AUM) is Rs 11,810 crore.
The SIP of Rs 10,000 started five years ago has created a fund of Rs 10.6 lakh.
The average annual return (CAGR) is 23.16 per cent.
The total amount of investment is Rs 6 lakh.
Bandhan Core Equity Fund
The NAV of this fund is Rs 90.
The fund size is Rs 2,945 crore.
The SIP of Rs 10,000 started five years ago has created a fund of Rs 10.04 lakh.
The average annual return (CAGR) is 20.71 per cent.
The total amount of investment is Rs 6 lakh.
SBI Large and Midcap Fund
The NAV of this fund is Rs 453.5.
The fund size is Rs 15,705 crore.
The SIP of Rs 10,000 started five years ago has created a fund of Rs 9.88 lakh.
The average annual return (CAGR) is 20.07 per cent.
The total amount of investment is Rs 6 lakh.
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Kotak Equity Opportunities Fund
The NAV of this fund is Rs 248.5.
The fund size is Rs 15,500 crore.
The SIP of Rs 10,000 started five years ago has created a fund of Rs 9.92 lakh.
The average annual return (CAGR) is 20.2 per cent.
The total amount of investment is Rs 6 lakh.
Tata Large and Midcap Funds
The NAV of this fund is Rs 411.5.
The fund size is Rs 5,331 crore.
The SIP of Rs 10,000 started five years ago has created a fund of Rs 9.68 lakh.
The average annual return (CAGR) is 19.22 per cent.
The total amount of investment is Rs 6 lakh.
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Edelweiss Large and Midcap Funds
The NAV of this fund is Rs 62.8.
The fund size is Rs 2,246 crore.
The SIP of Rs 10,000 started five years ago has created a fund of Rs 9.61 lakh.
The average annual return (CAGR) is 18.92 per cent. The total amount of investment is Rs 6 lakh.
Mirae Asset Emerging Bluechip Fund
The NAV of this fund is Rs 113.91.
The fund size is Rs 29,024 crore.
The SIP of Rs 10,000 started five years ago has created a fund of Rs 9.84 lakh.
The average annual return (CAGR) is 19.89 per cent.
The total amount of investment is Rs 6 lakh.
