Nowadays, mutual funds are the most popular investment option for a wide variety of investors. In India, there are different types of mutual funds available today. Therefore, selecting mutual funds can be tricky for most investors. In this post, let’s take a look at the Top 4 Best Large Cap Mutual Funds to invest in 2022.
Are you looking for the top large cap mutual funds? Do you want to know the best large cap fund to invest in? If your answer is yes, then this post may resonate with you.
Table of Contents
What are Large Cap Mutual Funds?
Large-cap funds are equity funds that predominantly invest in large-cap stocks. These schemes deliver steady returns with relatively lower risk. They have generated wealth for their investors over a long term.
These funds carry a lower risk as compared to the mid-cap and small-cap funds and might be perfect for risk-averse investors. Therefore, they are more suitable for investors with a relatively lower risk appetite.
Here, I have selected the top large cap fund schemes (best large cap mf) to invest in 2022.
Shortlisting of Best Large Cap Fund 2022
These best performing large cap mutual funds are shortlisted based on the following factors.
1. The funds that have performed well in the last 3, 5, and 7 years are considered here.
2. Shortlisted fund schemes have Assets Under Management of more than Rs.3400 Cr. Higher AUM indicates that the fund scheme is trusted by a majority number of investors.
3. The fund schemes that are rated as Rank-1 to Rank-3 by CRISIL are considered here. Rank1 is the highest rank.
4. Value Research rated these fund schemes as 5 stars and 4 stars (Out of 5 stars). Higher is better.
Based on the above parameters, here are the best performing large cap funds to invest in 2022 and beyond……
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Top 4 Best Large Cap Mutual Funds to invest in 2022
Here are the top performing large cap mutual funds for investing in 2022.
1. Axis Bluechip Fund
2. Canara Robeco Bluechip Equity Fund
3. Mirae Asset Large Cap Fund
4. Kotak Bluechip Fund
Table of Top Large Cap Mutual Funds 2022
Here are the best performing large cap mutual funds for you.
| S. No. | Scheme Name | Returns in Percentage* | ||||
| 1 Year | 3 Years | 5 Years | 7 Years | 10 Years | ||
| 1 | Axis Bluechip Fund | 20.64 | 19.62 | 20.27 | 13.29 | 17.55 |
| 2 | Canara Robeco Bluechip Equity Fund | 24.54 | 21.01 | 19.19 | 13.59 | 16.14 |
| 3 | Mirae Asset Large Cap Fund | 27.74 | 17.84 | 17.63 | 14.23 | 18.86 |
| 4 | Kotak Bluechip Fund | 27.74 | 19.27 | 16.49 | 12.58 | 15.42 |
| Regular Plans – Growth *As on 03/01/2022 Data Source: Value Research | ||||||
Top Large Cap Fund 2022
Following are the top performing large cap mutual funds to invest in 2022:
Axis Bluechip Fund
The details and performance of Axis Bluechip Fund are:
| Scheme Name | Axis Bluechip Fund |
| Category | Large-Cap |
| Plan Type | Regular Plan – Growth |
| NAV as on 03-Jan-2022 | 46.2900 |
| Assets (AUM) as on 30-Nov-2021 | 33,519 Cr |
| Returns in 1 year | 20.64% |
| Returns in 3 years (Annualised) | 19.62% |
| Annualised returns in 5 years | 20.27% |
| Annualised returns in 7 years | 13.29% |
| Returns in 10 years (Annualised) | 17.55% |
| Returns since launch | 13.63% |
| Expense Ratio as on 30-Nov-2021 | 1.67% |
| 1 Lakh invested 1 year back grown to | 1.21 Lakh |
| 1 Lakh invested 3 years back grown to | 1.71 Lakh |
| One Lakh invested 5 years back grown to | 2.52 Lakh |
| 1 Lakh invested 7 years back grown to | 2.40 Lakh |
| 1 Lakh invested 10 years back grown to | 5.04 Lakh |
| Fund Manager since 23-Nov-2016 | Shreyash Devalkar |
| Website | www.axismf.com |
| Value Research Rating | 5 Star |
| CRISIL Rating | Rank-3 |
| Data Source: Value Research Online (As on 03/01/2022) | |
Click here to invest in Axis Bluechip Fund.
Quick Link to Invest in Axis Mutual Funds
Canara Robeco Bluechip Equity Fund
The details and performance of Canara Robeco Bluechip Equity Fund are:
| Scheme Name | Canara Robeco Bluechip Equity Fund |
| Category | Large-Cap |
| Plan Type | Regular Plan – Growth |
| NAV as on 06-Jan-2021 | 41.6100 |
| Assets (AUM) as on 30-Nov-2021 | 5,208 Cr |
| Returns in 1 year | 24.54 |
| Returns in 3 years (Annualised) | 21.01% |
| Annualised returns in 5 years | 19.19% |
| Returns in 7 years (Annualised) | 13.59% |
| Annualised returns in 10 years | 16.14% |
| Returns since launch | 13.36% |
| Expense Ratio as on 30-Nov-2021 | 1.91% |
| 1 Lakh invested 1 year back grown to | 1.25 Lakh |
| 1 Lakh invested 3 years back grown to | 1.77 Lakh |
| One Lakh invested 5 years back grown to | 2.41 Lakh |
| 1 Lakh invested 7 years back grown to | 2.44 Lakh |
| 1 Lakh invested 10 years back grown to | 4.47 Lakh |
| Fund Manager since 05-July-2016 | Shridatta Bhandwaldar |
| Website | www.canararobeco.com |
| Value Research Rating | 5 Star |
| CRISIL Rating | Rank-1 |
| Data Source: Value Research Online (As on 03/01/2022) | |
Click here for more information about Canara Robeco Bluechip Equity Fund.
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Mirae Asset Large Cap Fund
The details and performance of Mirae Asset Large Cap Fund are:
| Scheme Name | Mirae Asset Large Cap Fund |
| Category | Large-Cap |
| Plan Type | Regular Plan – Growth |
| NAV as on 03-Jan-2022 | 78.8270 |
| Assets (AUM) as on 30-Nov-2021 | 29,961 Cr |
| Returns in 1 year | 27.74% |
| Returns in 3 years (Annualised) | 17.84% |
| Annualised returns in 5 years | 17.63% |
| Annualised returns in 7 years | 14.23% |
| Returns in 10 years (Annualised) | 18.86% |
| Returns since launch | 16.20% |
| Expense Ratio as on 30-Nov-2021 | 1.59% |
| 1 Lakh invested 1 year back grown to | 1.28 Lakh |
| 1 Lakh invested 3 years back grown to | 1.64 Lakh |
| One Lakh invested 5 years back grown to | 2.25 Lakh |
| 1 Lakh invested 7 years back grown to | 2.54 Lakh |
| 1 Lakh invested 10 years back grown to | 5.63 Lakh |
| Fund Manager since 18-Oct-2021 | Gaurav Khandelwal |
| Website | www.miraeassetmf.co.in |
| Value Research Rating | 5 Star |
| CRISIL Rating | Rank-3 |
| Data Source: Value Research Online (As on 03/01/2022) | |
Click here for more information about Mirae Asset Large Cap Fund.
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Kotak Bluechip Fund
The details and performance of Kotak Bluechip Fund are:
| Scheme Name | Kotak Bluechip Fund |
| Category | Large-Cap |
| Plan Type | Regular Plan – Growth |
| NAV as on 03-Jan-2022 | 375.5230 |
| Assets (AUM) as on 30-Nov-2021 | 3,445 Cr |
| Returns in 1 year | 27.74% |
| Returns in 3 years (Annualised) | 19.27% |
| Annualised returns in 5 years | 16.49% |
| Annualised returns in 7 years | 12.58% |
| Returns in 10 years (Annualised) | 15.42% |
| Returns since launch | 18.60% |
| Expense Ratio as on 30-Nov-2021 | 2.20% |
| 1 Lac invested 1 year back grown to | 1.28 Lakh |
| 1 Lac invested 3 years back grown to | 1.70 Lakh |
| One Lac invested 5 years back grown to | 2.14 Lakh |
| One Lac invested 7 years back grown to | 2.29 Lakh |
| 1 Lac invested 10 years back grown to | 4.20 Lakh |
| One Lac invested 15 years back grown to | 5.48 Lakh |
| 1 Lac invested 20 years back grown to | 36.16 Lakh |
| Fund Manager since 01-Jan-2014 | Harish Krishnan |
| Website | www.kotakmf.com |
| Value Research Rating | 4 Star |
| CRISIL Rating | Rank-1 |
| Data Source: Value Research Online (As on 03/01/2022) | |
Click here for more information about Kotak Bluechip Fund.
In 2021, my choices of best large cap growth mutual funds were:
- Axis Bluechip Fund
- Canara Robeco Bluechip Equity Fund
- Mirae Asset Large Cap Fund
- Kotak Bluechip Fund
All these funds are performing well. Therefore, all these funds included in this year list also.
Final Thoughts
Above mentioned good large cap funds are selected as the best large cap mutual funds to invest in terms of returns and other parameters. However, you should not forget that mutual fund investments are exposed to equity market-related risks.
Therefore, there is no guarantee of returns in mutual fund investments. Moreover, the past performance of top performing large cap mutual funds may or may not repeat in the future.
So, select only those best large cap fund that matches your investment goals, investment horizon, and risk appetite.
Disclaimer: The information in this article (Top 4 Best Large Cap Mutual Funds to invest in 2022) is strictly for general information purposes only. Please consult a mutual fund advisor before making any investment decision.
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