3 Top Performing Large And Mid-Cap Funds Given Over 10% SIP Returns In 1 Year

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Investment
oi-Shubham Kumar

| Published: Monday, April 25, 2022, 13:40 [IST]

If you are looking to maximise your wealth by investing on both large and mid-cap stocks you should check out these three top-performing big and mid-cap schemes. These funds offered a promising return on SIP. These funds mostly invest in big and mid-cap equities. According to SEBI, large and mid-cap schemes are equity schemes that invest a minimum of 35% of total assets in large-cap businesses and a minimum of 35% of total assets in mid-cap equities.

Quant Large and Mid Cap Fund – Direct Plan-Growth

This Large & Mid-Cap mutual fund scheme from Quant Mutual Fund. It is an open-ended small fund of its category launched in March 1998. It has worth Rs 79.08 Crores of assets under management (AUM). Its NAV declared on 22nd April 2022 is Rs 73.0781. This fund has an expense ratio of 0.5%, which is less than when compared to its category average expense ratio. It has given 18.98% annual average returns since its inception. 

It is a highly risky fund for investment. Rating agency CRISIL rated this fund 5-Start. The minimum lump-sum investment amount required for this fund is Rs 5000, and for SIP it is Rs 1000. There is no lock-in period. The exit load is Rs 0 in this fund.

The fund has 89.92% investment in equities of which 32.65% is in large-cap stocks, 27.82% is in mid-cap stocks, and 16.82% in small-cap stocks. The fund’s top 5 holdings are in Indian Hotels Co. Ltd., Ruchi Soya Inds. Ltd., Adani Enterprises Ltd., Vedanta Ltd., Linde India Ltd.

SIP Absolute Returns

1 Year 2-year 3 Year 5 Year
15.12% 43.34% 62.76% 76.50%

Mahindra Manulife Top 250 Nivesh Yojana – Direct Plan-Growth

This Large & Mid-Cap mutual fund scheme from Mahindra Manulife Mutual Fund launched on December 30, 2019. It is a small fund in its category. Under the Direct-Growth scheme, it has worth Rs 698.9 Crores of AUM. The fund has an expense ratio of 0.62%, which is less than the category average expense ratio. It has given 18.12% annual average returns since its inception. 
This fund is rated highly risky for investment. The minimum lump-sum investment amount required for this fund is Rs 1000, and for SIP it is Rs 500. There is no lock-in period. However, there is 1% exit charge in the fund within 365 days.

Fund has 95.13% investment in equities of which 50.81% is in large-cap stocks, 33.1% is in mid-cap stocks, and 6.68% is in small-cap stocks. The fund’s top holdings are in State Bank of India, ICICI Bank Ltd., Infosys Ltd., ITC Ltd., and Maruti Suzuki India Ltd.

SIP Absolute Returns

1 Year 2-year
11.38% 11.38%

ICICI Prudential Large & Mid Cap Fund- Direct Plan-Growth

This Large & Mid-Cap mutual fund scheme from ICICI Prudential Mutual Fund was launched on July 09, 1998. It is an open-ended medium-sized fund of its category. The AUM of the Fund’s Direct Plan-Growth scheme is 4321.82 crore. The recent declared NAV on 22nd April 2022 is Rs 585.12. The fund has an expense ratio of 1.32%, which is higher than its category average expense ratio. It has given 18.12% annual average returns since its inception. 

It is rated a highly risky fund. This fund has been rated 3-star by the CRISIL. The minimum lump-sum investment amount required for this fund is Rs 5000, and for SIP it is Rs 100. There is no lock-in period. However, there is 1% exit charge in the fund within 30 days.

 The fund has 92.82% investment in equities of which 54.47% is in large-cap stocks, 28.57% is in mid-cap stocks, and 5.21% in small-cap stocks. The fund’s top holdings are in Bharti Airtel Ltd., ICICI Bank Ltd., State Bank of India, National Thermal Power Corp. Ltd., and HCL Technologies Ltd.

SIP Absolute Returns

1 Year 2-year 3 Year 5 Year
10.77% 41.44% 53.51% 63.65%

Disclaimers

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn’t guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

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Story first published: Monday, April 25, 2022, 13:40 [IST]

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