The largecap indices on NSE (Nifty 100) and BSE (BSE Largecap) have rebounded sharply from their 52 week lows which they had seen in March 2020. The rebound was quite significant as the fall and recovery happened so fast that many investors may have missed the opportunity of buying or accumulating stocks that they think have sound fundamentals.
Mutual funds gave an opportunity to investors who were holding onto cash. People who invest through SIP mode got very little chance to benefit out of this fall as the rebound was very sharp. Longer the NAV stays at lower level, more bereft it is to the SIP investors.
Let us take a look at the top largecap mutual funds which have beaten the indices in the last 1 year period.
Canara Robeco Bluechip Equity Fund
The fund has given a return of 5.75% in the last 1 year
This fund is offered by the AMC, Canara Robeco Mutual Fund.
The fund has been around since August 2020.
The fund is managed by Mr. Shridatta Bhandwaldar.
Expense Ratio: 2.55 (Regular), 1.04 (Direct)
AUM is Rs. 457.39 crore
Portfolio as on 30 June 2020
JM Large Cap Fund
The fund has given a return of 3.21% in the last 1 year
This fund is offered by the AMC, JM Financial Mutual Fund.
The fund has been around since January 1995.
The fund is managed by Mr. Asit Bhandarkar.
Expense Ratio: 2.08 (Regular), 1.08 (Direct)
AUM is Rs. 2505.63 crore
Portfolio as on 30 June 2020
Axis Bluechip Fund
The fund has given a return of 3.11% in the last 1 year
This fund is offered by the AMC, Axis Mutual Fund.
The fund has been around since January 2010.
The fund is managed by Mr. Shreyash Devalkar.
Expense Ratio: 1.79 (Regular), 0.44 (Direct)
AUM is Rs. 12,493.75 crore
Portfolio as on 30 June 2020
BNP Paribas Large Cap Fund
The fund has given a return of 2.04% in the last 1 year
This fund is offered by the AMC, BNP Paribas Mutual Fund.
The fund has been around since September 2004.
The fund is managed by Mr. Karthikraj Lakshmanan.
Expense Ratio: 2.38 (Regular), 1.23 (Direct)
AUM is Rs. 717.61 crore
Portfolio as on 30 June 2020
IDBI India Top 100 Equity Fund
The fund has given a return of 0.41% in the last 1 year
This fund is offered by the AMC, IDBI Mutual Fund.
The fund has been around since May 2012.
The fund is managed by Mrs. Uma Venkatraman.
Expense Ratio: 2.65 (Regular), 1.43 (Direct)
AUM is Rs. 318.83 crore
Portfolio as on 30 June 2020
Kotak Bluechip Fund
The fund has given a return of -0.62% in the last 1 year
This fund is offered by the AMC, Kotak Mahindra Mutual Fund.
The fund has been around since December 1998.
The fund is managed by Mr. Harish Krishnan
Expense Ratio: 2.22 (Regular), 1.16 (Direct)
AUM is Rs. 1,333.46 crore
Portfolio as on 30 June 2020
LIC MF Large Cap Fund
The fund has given a return of -0.79% in the last 1 year
This fund is offered by the AMC, LIC Mutual Fund.
The fund has been around since September 1994.
The fund is managed by Mr. Sachin Relekar
Expense Ratio: 2.63 (Regular), 1.59 (Direct)
AUM is Rs. 298.27 crore
Portfolio as on 30 June 2020
Invesco India Largecap Fund
The fund has given a return of -1.59% in the last 1 year
This fund is offered by the AMC, Invesco Mutual Fund.
The fund has been around since August 2009.
The fund is managed by Mr. Nitin Gosar
Expense Ratio: 2.64 (Regular), 1.40 (Direct)
AUM is Rs. 191.77 crore
Portfolio as on 30 June 2020
IDFC Large Cap Fund
The fund has given a return of -1.62% in the last 1 year
This fund is offered by the AMC, IDFC Mutual Fund.
The fund has been around since June 2006
The fund is managed by Mr. Sumit Agrawal
Expense Ratio: 2.58 (Regular), 1.58 (Direct)
AUM is Rs. 409.45 crore
Portfolio as on 30 June 2020
