Top 2 best performing large-cap mutual funds in last 5 years

Large-cap mutual funds offer a stable growth investment option for those seeking stability. By investing in a basket of India’s biggest and most established companies, these funds provide diversified exposure to the Indian stock market. However, with a multitude of large-cap funds available, choosing the right one can be a challenge. Further ahead, we explore the top two performers among large-cap mutual funds based on their performance over the past five years, helping you make an informed investment decision for your long-term financial goals.

Following are the top two large-cap mutual funds with highest returns in last 5 years:

Baroda BNP Paribas Large Cap Fund 

As of the latest update, the Net Asset Value (NAV) of the Baroda BNP Paribas Large Cap Fund stands at Rs 218.6832. The fund boasts a substantial size of Rs 1,806.39 Crores, constituting 0.59% of the total investment in its category, with an expense ratio of 0.91%.

With a focus on domestic equities, comprising 95.19% of its portfolio, the fund allocates 67.53% to large-cap stocks, 11.37% to mid-cap stocks, and 2.12% to small-cap stocks. Furthermore, the fund maintains 1.19% of its portfolio invested in Government securities.

Over the past 5 years, the Baroda BNP Paribas Large Cap Fund has delivered exceptional returns, outperforming both its benchmark, the Nifty 100 TRI, and the category average. With a return of 41.7% compared to the benchmark’s 35.01% and the category average of 37.42% in a year, the fund has surpassed market expectations.

The fund exhibits low volatility, with a standard deviation of 13.2 compared to the category average of 13.4. Additionally, it maintains a beta of 0.94, aligning closely with the category average.

Canara Robeco Bluechip Equity Fund

With a NAV of Rs 59.97 and a fund size of Rs 12,185.22 crore, Canara Robeco Bluechip Equity Fund stands second in 5-year returns with an expense ratio of 0.51%.

Canara Robeco Bluechip Equity Fund invests 96.49% in domestic equities, with 73.2% in large-cap stocks, aligning with the fund’s objective. While 7.87% is in mid-cap stocks and 0.96% in small-cap stocks. The recent upgrade of CRISIL rank from 3 to 2 is a testament to the fund’s consistent performance and adept management in the last quarter.

Canara Robeco Bluechip Equity Fund has underperformed its benchmark, the S&P BSE 100 TRI, with returns of 34.14% compared to the benchmark’s 34.43% in a year. Even against the category average of 37.42%, the fund struggled a lot.

The fund maintains a low volatility profile, with a standard deviation of 12.99 compared to the category average of 13.4. Additionally, its beta stands at 0.93 against the category average of 0.94, reflecting a level of stability in line with its low volatility approach.

In conclusion, the Baroda BNP Paribas Large Cap Fund emerges as a top performer in the large-cap segment in 5 years. For investors seeking stability, growth, and superior risk-adjusted returns, this fund undoubtedly deserves consideration in their investment portfolios. Canara Robeco Bluechip Equity Fund falls behind the benchmark and category, but its 5-year performance has consistently remained on the higher side. This one could be an option for investors in case of an improving scenario of the fund’s investment management.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.