5 Best Large and Mid Cap Funds

 

5 Best ‘Large & Mid-Cap’ Funds To Invest Based on Risk-Adjusted Return Ratios:

 

Importance of Large & Mid-Cap Funds:

Large & Mid-Cap Funds are equity mutual funds with a combination of large and mid-cap stocks. While large-cap stocks are prominently known for their stability, mid-cap stocks can help in boosting the returns of the fund during bullish markets.

If you are a long-term investor with a minimum view of 5 to 7 years, your portfolio must contain at least one to two Large & Midcap Funds to drive returns.

To arrive at the top 5 funds, we have considered different risk-adjusted return measures and more weightage is given to Sharpe Ratio.

 

The top 5 funds from the ‘Large & Mid-cap’ Segment:

  1. Mirae Asset Emerging Bluechip Fund:

    Mirae Asset Emerging Bluechip Fund is incepted on 09-07-2010. The fund has an AUM of Rs.21,389 Crore. Since its inception, the fund has returned 22.83%. An investment of Rs.10,000/- at the inception of this fund, creates an approximate corpus of Rs. 1,35,928/- today.

    The fund has a 3-year alpha of 3.78, the 3-year standard deviation is 22.03% and the Sharpe ratio is 0.70. All the parameters mentioned above make Mirae Asset Emerging Bluechip Fund, the best choice to invest in.

    Name

    Fund Inception Date

    1-Year

    Return %

    3-Year Return %

    5-Year Return %

    Mirae Asset Emerging Bluechip

    09-07-2010

    -1.46

    17.01

    13.33

    Nifty Large Midcap 250 TR

    01-04-2005

    -0.50

    14.85

    11.66

     

    Name

    Alpha

    Beta

    Standard Deviation

    Sharpe Ratio

    Mirae Asset Emerging Bluechip

    3.78

    1

    22.03

    0.70

    Nifty Large Midcap 250 TR

    -

    -

    21.49

    0.55

     

  2. Canara Robeco Emerging Equities Fund:

    Canara Robeco Emerging Equities Fund is incepted on 03-11-2005. The fund has an AUM of Rs. 13,024/- Crore. Since its inception, the fund has returned 16.67%. An investment of Rs.10,000/- at inception in this fund, creates an approximate corpus of Rs. 1,40,000/- today.

    The fund’s 3 – year standard deviation is 21.67% and the Sharpe ratio is 0.62. The below are the return and risk measures of the fund.

    Name

    Fund Inception Date

    1-Year

    Return %

    3-Year Return %

    5-Year Return %

    Canara Robeco Emerging Equities

    03-11-2005

    -0.39

    14.92

    11.03

    Nifty Large Midcap 250 TR

    01-04-2005

    -0.50

    14.85

    11.66

     

    Name

    Alpha

    Beta

    Standard Deviation

    Sharpe Ratio

    Canara Robeco Emerging Equities

    2.18

    0,96

    21.67

    0.62

    Nifty Large Midcap 250 TR

    -

    -

    21.49

    0.55

     

  3. Axis Growth Opportunities Fund:

    Axis Growth Opportunities Fund was incepted on 22-10-2018. The fund has an AUM of Rs. 7,211 Crore. Since its inception, the fund has returned 16.83%. An investment of Rs.10,000/- at inception in this fund creates an approximate corpus of Rs. 18,630/- today.

    The fund’s 3 – year standard deviation of 20.28% and the Sharpe ratio of 0.79. Though the fund is performing extremely well, the fund is only incepted 4 years back. However, we believe the fund managers are efficient in navigating the fund through different economic cycles and stand as one of the top 5 funds in the segment.

    Name

    Fund Inception Date

    1-Year

    Return %

    3-Year Return %

    5-Year Return %

    Axis Growth Opportunities Fund

    12-01-2006

    -2.65

    17.35

    -

    Nifty Large Midcap 250 TR

    01-04-2005

    -0.50

    14.85

    11.66

     

    Name

    Alpha

    Beta

    Standard Deviation

    Sharpe Ratio

    Axis Growth Opportunities Fund

    6.02

    0.86

    20.28

    0.79

    Nifty Large Midcap 250 TR

    -

    -

    21.49

    0.55

     

  4. Quant Large & Mid Cap Fund:

    Quant Large & Mid Cap Fund is incepted on 12-01-2006. The fund has an AUM of ₹135.56 Crore. Since its inception, the fund has returned 12.90%. An investment of Rs.10,000/- at inception in this fund, creates an approximate corpus of Rs. 74,037/- today.

    The fund’s standard deviation is 20.67% and the Sharpe ratio is 0.82 and stands as one of the top performers when compared with other funds in the segment. Though the fund performance is good, AUM is very low at Rs.136 Cr.

    Name

    Fund Inception Date

    1-Year

    Return %

    3-Year Return %

    5-Year Return %

    Quant Large and Mid-Cap Fund

    12-01-2006

    4.88

    19.98

    11.28

    Nifty Large Midcap 250 TR

    01-04-2005

    -0.50

    14.85

    11.66

     

    Name

    Alpha

    Beta

    Standard Deviation

    Sharpe Ratio

    Quant Large and Mid-Cap Fund

    7.25

    0.83

    20.67

    0.83

    Nifty Large Midcap 250 TR

    -

    -

    21.49

    0.55

     

  5. ICICI Pru Large & Mid Cap Fund:

    ICICI Pru Large & Mid Cap Fund is incepted on 09-07-1998. The fund has an AUM of Rs. 4,950/- Crore. Since its inception, the fund has returned 17.67%. An investment of Rs.10,000/- at inception in this fund, creates an approximate corpus of Rs. 4,50,000/- today.

    The fund’s 3 – year standard deviation is 21.67% and the Sharpe ratio is 0.62 and stands as one of the top 5 performers when compared with other funds in the segment.

    Name

    Fund Inception Date

    1-Year

    Return %

    3-Year Return %

    5-Year Return %

    ICICI Pru Large & Mid Cap Fund

    09-07-1998

    8.90

    15.28

    10.97

    Nifty Large Midcap 250 TR

    01-04-2005

    -0.50

    14.85

    11.66

     

    Name

    Alpha

    Beta

    Standard Deviation

    Sharpe Ratio

    ICICI Pru Large & Mid Cap Fund

    1.64

    1.06

    24.11

    0.58

    Nifty Large Midcap 250 TR

    -

    -

    21.49

    0.55

     

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For support in creating an investment plan and portfolio management services, please write to us at research@adityatrading.com

To read more posts from ATS, check our blog at https://adityatrading.in/mutual-funds/

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DISCLAIMER

This report is only for the information of our customers. Recommendations, opinions, or suggestions are given with the understanding that readers acting on this information assume all risks involved. The information provided herein is not to be construed as an offer to buy or sell securities of any kind. ATS and/or its group companies do not as assume any responsibility or liability resulting from the use of such information.

 

 

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