With 18.35% Annualised Returns In 3 Year SIP, This Large Cap Mutual Fund Is Good To Invest

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oi-Shubham Kumar

| Published: Wednesday, July 20, 2022, 19:24 [IST]

According to SEBI’s classification, large-cap funds must hold 80% to 100% of their allocation in large-cap equities because they invest predominantly in large-cap stocks. Large-cap funds recorded the largest net Assets Under Management (AUM) for the month of June among equity-oriented funds according to data from the Association of Mutual Funds in India (AMFI).

IDBI India Top 100 Equity Fund (direct plan), a large cap mutual fund scheme. The fund has delivered positive returns to investors, it has given better than category average returns over the years. In this article, we’ve emphasised the fund’s Direct-Plan Growth option which includes the fund’s returns, details, and the major holding.

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Mutual funds investment are subject to market. Read all scheme related documents carefully before investing. Greynium Information Technologies, and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.

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Story first published: Wednesday, July 20, 2022, 19:24 [IST]

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