Large Cap Equity Funds with 10-Year SIP Returns Above 10%: A Look at the Best 5
Large-cap equity funds have always been a preferred investment option for investors looking for long-term wealth creation with a moderate level of risk. With consistent returns over the years, these funds have proved to be a reliable investment option for many. In this article, we will take a look at the best 5 large cap equity funds with 10-year SIP returns above 10%.
Understanding Large Cap Equity Funds
Large-cap equity funds are mutual funds that invest primarily in the stocks of large companies that have a market capitalization of more than Rs.10,000 crores. These funds are considered to be relatively stable and provide consistent returns over the long term. The companies that these funds invest in are well-established and have a track record of performing well in the market. Therefore, the risk associated with these funds is generally lower than that of small or mid-cap equity funds.
The Importance of 10-Year SIP Returns
Investors must consider the long-term returns of a fund before investing in it. Systematic Investment Plans (SIPs) are a popular investment option for investors looking to create long-term wealth. SIPs are a disciplined way of investing, where investors invest a fixed amount of money at regular intervals, such as monthly or quarterly. This ensures that investors benefit from the power of compounding and helps them create a substantial corpus over the long term.
Best 5 Large Cap Equity Funds with 10-Year SIP Returns Above 10%
Axis Bluechip Fund: This fund has consistently delivered high returns over the years, with 10-year SIP returns of 14.23%. It has a diversified portfolio and invests in blue-chip companies that have a strong track record.
ICICI Prudential Bluechip Fund: This fund has a 10-year SIP return of 12.58%. It invests in large-cap companies that have a stable business model and a strong market position.
Mirae Asset Large Cap Fund: With a 10-year SIP return of 16.58%, this fund has been a top-performing large-cap equity fund. It invests in well-established companies that have a proven track record of delivering consistent returns.
SBI Bluechip Fund: This fund has a 10-year SIP return of 12.97%. It has a diversified portfolio and invests in companies that have a strong market position and a proven track record of performance.
Aditya Birla Sun Life Frontline Equity Fund: This fund has a 10-year SIP return of 12.66%. It invests in companies that have a strong market position and a proven track record of performance. The fund has a diversified portfolio and invests in companies across various sectors.
Conclusion
Large-cap equity funds are a great investment option for investors looking for long-term wealth creation with moderate risk. It is important to consider the long-term returns of a fund before investing in it. The best 5 large cap equity funds with 10-year SIP returns above 10% are Axis Bluechip Fund, ICICI Prudential Bluechip Fund, Mirae Asset Large Cap Fund, SBI Bluechip Fund, and Aditya Birla Sun Life Frontline Equity Fund. These funds have consistently delivered high returns over the years and have a proven track record of performance. Investors must conduct their due diligence before investing in any fund and consider their investment objectives and risk appetite before making any investment decision.
