Top 5 large cap mutual funds in India 2024


Investing in mutual funds is a smart way to grow your money, and if you’re looking for stability and performance, large cap mutual funds are a great option. These funds focus on established companies with a track record of stable performance, making them a safe bet for investors looking for steady returns. In this article, we’ll explore the top 5 large cap mutual funds in India for 2024.

  1. Nippon India Large Cap Fund
  2. ICICI Prudential Bluechip Fund
  3. JM Large Cap Fund
  4. IDBI India Top 100 Equity Fund
  5. HDFC Top 100 Fund

1. Nippon India Large Cap Fund

This fund has shown impressive returns and is known for its strong performance. With a fund size of ₹22,766 crores, it’s a solid choice for investors looking for growth.

  • Objective: This fund aims to generate long-term capital appreciation by investing primarily in large-cap stocks.
  • Strategy: It focuses on well-established companies with a strong market presence.
  • Risk Profile: Moderately low risk due to large-cap exposure.
  • Performance: Historically delivered competitive returns.
  • Key Holdings: Invests in blue-chip companies across sectors.
Period (in year)Returns (₹10000)SIP Returns (₹1000 SIP)
1₹14129.40₹12000 – ₹14186.11
2₹15165.60₹24000 – ₹31728.63
3₹18530.60₹36000 – ₹51422.94
5₹21531.00₹60000 – ₹107480.83
10₹47860.80₹120000 – ₹285970.94

2. ICICI Prudential Bluechip Fund

Another top performer, this fund has a fund size of ₹51,554 crores. It’s managed by one of the leading asset management companies in India and has a history of delivering good returns

  • Objective: Seeks capital appreciation by investing in large-cap stocks.
  • Strategy: Diversified portfolio of quality large-cap companies.
  • Risk Profile: Moderately low risk.
  • Performance: Consistent track record.
  • Key Holdings: Invests in established companies with stable growth prospects.
Period (in year)Returns (₹10000)SIP Returns (₹1000 SIP)
1₹13969.40₹12000 – ₹14356.64
2₹14308.50₹24000 – ₹31357.42
3₹17238.10₹36000 – ₹49856.16
5₹22160.90₹60000 – ₹103483.51
10₹44279.60₹120000 – ₹279884.54

3. JM Large Cap Fund

With the highest 1-year return rate among the top 5, this fund is definitely worth considering. It has a fund size of ₹99 crores, making it a smaller but potent option

  • Objective: Long-term capital appreciation through large-cap investments.
  • Strategy: Focuses on fundamentally strong large-cap stocks.
  • Risk Profile: Moderately low risk.
  • Performance: Demonstrated growth over time.
  • Key Holdings: Invests in well-established companies.
Period (in year)Returns (₹10000)SIP Returns (₹1000 SIP)
1₹14137.60₹12000 – ₹14465.58
2₹14295.60₹24000 – ₹31591.87
3₹16664.40₹36000 – ₹49712.19
5₹20925.90₹60000 – ₹98405.63
10₹36704.20₹120000 – ₹247521.4
large cap mutual funds

4. IDBI India Top 100 Equity Fund

With a fund size of ₹654 crores, this fund has a 4-star rating and has provided an 18.4% return

  • Objective: Provides stable returns by investing in top 100 large-cap stocks.
  • Strategy: Diversified across sectors and industries.
  • Risk Profile: Moderately low risk.
  • Performance: Aims for consistent growth.
  • Key Holdings: Holds a mix of large-cap companies.

5. HDFC Top 100 Fund

HDFC’s offering in the large cap space has a fund size of ₹31,653 crores. It’s a well-established fund that has consistently performed well over the years

  • Objective: Capital appreciation by investing in large-cap stocks.
  • Strategy: Focuses on quality companies with strong fundamentals.
  • Risk Profile: Moderately low risk.
  • Performance: Historically competitive returns.
  • Key Holdings: Invests in top 100 stocks by market capitalization.
Period (in year)Returns (₹10000)SIP Returns (₹1000 SIP)
1₹13893.20₹12000 – ₹14251.77
2₹14730.30₹24000 – ₹31348.36
3₹17552.30₹36000 – ₹50198.05
5₹20551.10₹60000 – ₹102824.71
10₹41539.80₹120000 – ₹268567.7

Other large cap mutual funds in India 2024 are:

  • Baroda BNP Paribas Large Cap Fund
  • Invesco India Largecap Fund
  • Edelweiss Large Cap Fund
  • Tata Large Cap
  • Bandhan Large Cap Fund

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