4 Large Cap Schemes that Gave Magical Performance in 2018

Equity mutual fund schemes are considered one of the most profitable schemes, as the returns given by them are the best in the market. These schemes have shown the true power of mutual funds. Now, there are different categorization in the equity schemes which are done on the basis of market caps they invest in. Today, we are going to discuss some top-performing large-cap schemes that provided investors with value for money. Axis Bluechip Fund (G) Previously known as Axis Equity Fund, this scheme has shown that what equity schemes are capable of. The fund has provided returns of 22.58%, 12.68%, and 17.22% IN 1, 3, and 5 years respectively. The scheme has beaten its benchmark at all instances with a great margin. It invests majorly in finance companies and has around 36.84% of total equity investment in this sector. It has a current NAV of Rs 27.85 (as on Jul 10, 2018) and an asset size of Rs 2234 crore (as on Jun 30, 2018). The minimum investment you can make in this scheme is Rs 5000 and you can start a SIP for as low as Rs 1000. ICICI Prudential Bluechip Fund (G) This scheme was launched on May 23, 2008, and was previously known as ICICI Prudential Focused Bluechip Equity Fund. The returns it has provided in 1, 3, and 5 years are 10.26%, 11.19%, and 17.44%, respectively (as on Jul 10, 2018) and the average return that it has provided since its inception is 14.74%. This scheme is one of the best options for long-term investments as the growth is consistent. The NAV of the scheme as on Jul 10, 2018, is Rs 40.3 and the assets under management as recorded on Jun 30, 2018, are worth Rs 17,496 crore. The minimum investment amount for the scheme is Rs 100 only. Aditya Birla Sun Life Frontline Equity Fund (G) Sponsored by one of the biggest fund houses of India, this scheme was launched on Aug 30, 2002. The scheme has provided returns of 6.15%, 9.82%, and 17.44% in 1, 3, and 5 years, respectively (as on Jul 10, 2018) and the total return that it has given since its inception is 21.43%. It has major investments in finance, technology, FMCG, energy, and automobile sector. The fund has a current NAV of Rs 217.88 (as on Jul 10, 2018) and the asset size as recorded on Jun 10, 2018, is Rs 20,203 crores. You can start an investment in this fund with a minimum amount of Rs 1000. Reliance large Cap Fund (G) This scheme was launched on Aug 08, 2007, and was previously known as Reliance Top 200 Fund. The returns given by the scheme in 1, 3 and 5 years are 6.94%, 9.59%, and 19.95% respectively (as on Jul 10, 2018) and the total return it has provided since launch is 11.24%. It has a current NAV of Rs 32.14 (as on Jul 10, 2018) and an asset size of Rs 10,126 crore (as on Jun 30, 2018). The top 5 holdings of the scheme are State Bank of India, ITC, HDFC Bank, Larsen & Toubro and Infosys. The minimum investment amount for this scheme is Rs 5000 and you can start a SIP for as low as Rs 100. So, now you know that these are the top performing large cap mutual fund schemes in 2018. However, keep in mind that past performance of a scheme does not decide its future. So, if you are planning on investing in these schemes, make sure to take a financial experts advice beforehand. Read this article to know about top performing Large Cap Funds.