Top Large Cap Funds With a 5-Year CAGR Near 20% as of January 21, 2025

As of January 21, 2025, a few of large-cap equity funds have shown impressive growth, with a 5-year compound annual growth rate (CAGR) nearing 20%.

These funds, such as Nippon India Large Cap Fund and ICICI Prudential Bluechip Fund, have been able to deliver strong returns over the period, reflecting their consistent performance in the large-cap sector.

Here’s a look at the top large-cap funds as of January 2025, ranked by their impressive 5-year CAGR performance.

Top Large Cap Funds Based on 5-Year CAGR Performance

Note: The top large-cap mutual funds listed above are sorted based on their 5-year CAGR performance as of January 20, 2025.

Overview of the Best Large Cap Funds

• Nippon India Large Cap Fund

Nippon India Large Cap Fund has been a prominent performer in the large-cap category with a strong 5-year CAGR of 19.58%. Managed by Nippon Life India Asset Management, it primarily invests in large-cap stocks with a focus on steady long-term growth. The fund’s expense ratio of 0.66% is relatively low, contributing to its overall solid returns.

The top stock holdings of the Nippon India Large Cap Fund include HDFC Bank (9.56% weight) and ICICI Bank (6.1% weight), both from the financial sector, with HDFC Bank showing a 1-year return of 11.66% and ICICI Bank outperforming with a 22.23% return.

• ICICI Pru Bluechip Fund

Known for its consistency, the ICICI Pru Bluechip Fund is one of the largest in terms of assets under management (AUM) at ₹63,264.30 crore. With a 5-year CAGR of 18.56%, it has delivered solid returns with a relatively higher expense ratio of 0.91%. The fund focuses on large-cap stocks, aiming for long-term capital appreciation.

The top stock holdings of the ICICI Pru Bluechip Fund include ICICI Bank (7.79% weight) and HDFC Bank (7.06% weight), both in the financial sector.

• Invesco India Largecap Fund

With an AUM of ₹1,323.92 crore, this fund has delivered a 5-year CAGR of 18.10%. The Invesco India Largecap Fund focuses on large-cap stocks with a stable performance, and its expense ratio of 0.75% contributes to keeping costs efficient for investors. It offers solid returns with a strong focus on market leaders.

The Invesco India Largecap Fund has significant exposure to ICICI Bank (7.99% weight) and HDFC Bank (7.56% weight), both in the financial sector.

• Canara Robeco Bluechip Equity Fund

With an AUM of ₹14,799.00 crore, Canara Robeco Bluechip Equity Fund has delivered a 5-year CAGR of 17.99%. The fund focuses on large-cap stocks and offers a lower expense ratio of 0.51%, making it a cost-effective option for long-term investors. The fund has consistently shown resilience and strong returns over time.

The Canara Robeco Bluechip Equity Fund Regular has notable holdings in HDFC Bank (8.03% weight) and ICICI Bank (7.72% weight), both from the financial sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.