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HDFC To Tata, Brokerage Firm Enlists Top 5 Large And Midcap Mutual Funds – News18

HDFC To Tata, Brokerage Firm Enlists Top 5 Large And Midcap Mutual Funds – News18

Curated By: Business Desk

Last Updated: October 21, 2023, 17:27 IST

The five-year CAGR of the Bandhan Core Equity fund has been 20.71%.

The five-year CAGR of the Bandhan Core Equity fund has been 20.71%.

According to the firm, if an investor started a monthly SIP of Rs 10,000 in HDFC large and midcap funds five years ago, then today they would have Rs 10.6 lakh.

Mutual funds have now become a popular financial instrument for investors which helps them in maximising their returns with lower risk. In recent years, the performance of large and midcap mutual funds has been at the top. A total investment of Rs 14,091 crore was made in the equity funds in September. If you are looking for investment, then you can pool your money in large and midcap funds.

These categories of mutual funds offer high returns and provide security to the portfolio. Brokerage firm Sharekhan has laid down a few large and midcap categories of mutual funds, in which you can invest money.

HDFC Large and Midcap Fund

Sharekhan has advised investors to invest in HDFC large and midcap funds through SIP. According to the firm, if an investor started an SIP of Rs 10,000 per month in this fund five years ago, then today they would have Rs 10.6 lakh already. The CAGR of this fund is 23.16 per cent.

Bandhan Core Equity Fund

The five-year CAGR of Bandhan Core Equity fund has been 20.71 per cent. If you invest Rs 10,000 per month then it can give you a return of lakhs over the years.

SBI Large and Midcap Funds

SBI is one of the leading banks in India. Its large and midcap fund size is Rs 15,705 crore. The SIP of Rs 10,000 monthly can yield you a fund of Rs 9.88 lakh if you invest for 5 years. The average annual return of this fund has been 20.7 per cent.

Kotak Large and Midcap Funds

The brokerage firm Sharekhan advises people to create a SIP of Rs 10,000 in Kotak mutual funds. It has a CAGR of 20.2 per cent. You can make Rs 9.92 lakh from an SIP of Rs 10,000 if you invest for 5 years continuously.

Tata Large and Midcap fund

The CAGR of Tata Large and Midcap fund is 19.22 per cent. Through the same SIP for 5 years, you can pool a fund of Rs 9.68 lakh. It will help you in investing in properties and education.

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