Best Mutual Funds: Largecap schemes that generated more than 20 percent returns in the last 5 years: Should you invest?

Mutual fund investors often compare the returns offered by different schemes before investing. Typically, retail investors Compare the returns generated by plans in the same category before opting for one mutual fund plan over another.

It is worth noting that wealth advisors They generally urge investors to make an investment decision based on an interplay of factors and not solely on the returns offered by a scheme. Other factors include the reputation of the mutual fund company, the past performance of the fund manager(s), the category of the fund mutual fund schemeand macroeconomic factors.

Large Cap Funds Comparison

Here, we compare the returns over the past five years delivered by large cap fundsThese funds refer to schemes that invest a minimum of 80 per cent of their assets in large-cap stocks.

Large-cap stocks refer to the securities of companies ranked in the list of top 100 companies when measured by market capitalization.

(Source: AMFI; Ordinary returns as of August 22, 2024)

As seen in the table above, Nippon India Large Cap Fund gave the highest return of 23.41 percent, followed by ICICI Prudential Bluechip Fund (22.33 percent).

Other large-cap mutual fund schemes that gave more than 20 percent include Aditya Birla Sun Life Blue Chip Equity Fund, Bandhan Large Cap Fund, Canara Robeco’s top-tier equity fund and the Baroda BNP Paribas Large Cap Fund.

As mentioned earlier, past performance of a mutual fund is no guarantee of its future returns. As the saying goes, read the documents related to the offering carefully before investing.

Note:This story is for information purposes only. Please speak to a SEBI registered investment advisor before taking any investment related decisions.