4 Large Cap Funds You Cannot Miss in 2019 for Long Term Investment

Large-cap funds are showing good signs of growth in the recent pre-election rally in the equity market. Most of the prominent stocks in the list of top 100 companies have enjoyed remarkable growth in a short tenure. This has been utilised well by the fund managers of large-cap mutual funds to recover the loss of the last few months. The experts at MySIPonline have hand-picked a few large cap mutual funds that can benefit the most in 2019 for long term investment.

Axis Bluechip Fund

This large-cap fund of Axis Mutual Fund has maintained better returns than peers in the negative market conditions due to the lower risk factor. The fund has managed to reduce the risk as the corpus is mostly allocated in large-cap stocks. No mid or small-cap stock is included in the portfolio and a residual part of the corpus is also invested in debt tools, FDs and CBLO. This fund can take advantage of the market conditions in 2019 as 22 stocks have been selected by the fund manager which are likely to gain significant returns.

ICICI Prudential Bluechip Fund

This fund has been chosen by a large number of investors due to its consistent performance. It has delivered some of the best returns in the category in the long term. It has a lower risk factor than most of the schemes in the category and the risk to reward ratio is also among the best. 5% of the corpus is generally invested in mid-cap stocks while the rest is kept in the large-cap stocks. It is suitable for investors with moderate risk appetite.

Reliance Large Cap Fund

This large-cap fund of Reliance Mutual Fund has a slightly aggressive portfolio as approximately 15-20% of the corpus is invested in mid-cap stocks and a small proportion of 0-5% corpus is also invested in small-caps to generate high returns to the investors. The risk factor of the fund is high but the risk to reward ratio is attractive. This fund has the ability to generate the highest returns in the large-cap category. The fund is suitable for high-risk takers for the investment of more than 5 years.

HDFC Top 100 Fund

This is a prominent scheme in the large-cap category and has beaten most of the peers and benchmark by a great margin in terms of trailing and rolling returns. The risk is moderate as the mid-cap allocation is nearly 10% while the rest is invested in large-cap stocks. The fund has constantly delivered significant returns in the past and is expected to do the same in the upcoming years. The investment must be done for more than 5 years for better returns.

The large cap mutual funds provide consistent growth over the long term as the stocks in which these funds invest are market leaders. Smaller economical imbalances do not affect such companies as they are financially stable. These funds possess lower risk than other equity schemes but are subject to market risk and must be chosen according to the suitability. To know more about the best large-cap funds and also which one is most suitable for you, connect with the experts of MySIPonline at 9660032889.