scorecardresearchMF returns: These large caps gave over 18% CAGR since inception. Should you invest now?

MF returns: These large caps gave over 18% CAGR since inception. Should you invest now?

Updated: 15 Nov 2022, 09:53 AM IST
TL;DR.
Here we shed light on the top-performing large cap funds and their performance till date. Some of these schemes delivered returns in the range of 19-20% since inception. We share more details here.
There are a number of factors which play a key role in helping investors evaluate the scheme’s performance

There are a number of factors which play a key role in helping investors evaluate the scheme’s performance

The rate of returns given by mutual fund schemes is one of the key factors which help determine their overall performance. There are a slew of factors that play a key role in helping investors evaluate the scheme’s performance, but the returns in the short, medium and long term also play an important part at the same time.

Here we shed light on the top-performing large cap fund schemes and their performance during their entire tenure. Some of these funds have given a CAGR of nearly 20 percent since inception.

As we can see in the table below, Aditya Birla Sun Life Frontline Equity Fund delivered a return of 19.29 percent. Kotak Bluechip Fund gave a return of 19.15 percent whereas Tata Large Cap Fund has delivered a compound annual growth return of 19.25 percent.

Mutual FundsReturns since inception (%)   Benchmark returns (%)
Aditya Birla Sun Life Frontline Equity Fund- Regular- Growth  19.2915.26
Tata Large Cap Fund - Regular – Growth                            19.2515.26
Kotak Bluechip Fund - Regular - Growth                       19.1515.26

(Source: SMC weekly data as on Nov 7)

 

These are the top performing large cap funds:

Aditya Birla Sun Life Frontline Equity: The fund was launched on August 31, 2002 as an open-ended large cap fund. It is managed by Mahesh Patil.

As mentioned above, its return since inception is 19.29 percent. In other words, if someone had invested 1,00,000 then, it would have grown to 35,06,292.

The key portfolio constituents are ICICI Bank, HDFC Bank, Infosys, RIL, L&T, Axis Bank, Bharti Airtel, SBI, HDFC and Bajaj Finance.

Tata Large Cap Fund: The plan was launched on May 7, 1998. Its current average AUM is 1,293.88 crore. As mentioned in the chart above, the returns since inception of the plan were 19.25 percent. In other words, if someone had invested 1,00,000 at the time of scheme’s launch, it would have swelled to 74,93,709.

The key constituent stocks are ICICI Bank, RIL HDFC Bank, Infosys, SBI, Axis Bank, TCS, L&T, HDFC and Airtel. The top five sectors are financial services (34.35%), IT (12.90%), FMCG (7.45%), oil & gas (6.87%) and healthcare (6.42%).

Kotak Blue chip Fund: The scheme was launched on Dec 29, 1998 for regular plan and January 1, 2013 for direct Plan. It is being managed by Harish Krishnan since January 1, 2014. The return since inception of regular growth scheme is 19.15 percent. In other words, if someone had invested 1,00,000 in the scheme, it would have grown to 65,56,950.

The key constituent stocks are ICICI Bank, RIL, HDFC Bank, Infosys, Axis Bank, L&T, Maruti Suzuki, M&M, SBI and TCS.

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First Published: 15 Nov 2022, 09:53 AM IST