4 Largecap Funds For SIPs Rated 4 & 5-Star By Morningstar
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Axis Bluechip Fund
| 1-year returns | 3-year returns | 5-year returns |
|---|---|---|
| 35.69% | 22.22% | 20.64% |
Returns from the Axis Bluechip Fund have been pretty good. The 5-year returns have been 20.64% on an annualized basis. This fund largely invests in largecap stocks and about 67% of the portfolio is invested in top 10 stocks of the portfolio.
Among the top holdings of the company include names like Bajaj finance, HDFC Bank, ICICI Bank, Infosys and Avenues Supermarts. One can start an SIP with a small investment of Rs 500 per month. Investors may note that the Sensex at near 60,000 points is expensive and hence caution is advised when investing in mutual funds.
Canara Robeco Bluechip Equity Fund
| 1-year returns | 3-year returns | 5-year returns |
|---|---|---|
| 37.37% | 22.46% | 19.61% |
This fund has been rated 5-star by Morningstar and Value Research. The returns are pretty good thanks to the huge upsurge in stocks over the last 1-year. The fund has holdings of 5.6% in cash and the balance of 94.4% is invested in largecap stocks. ICICI Bank, HDFC and Infosys remain among the top holdings of the Canara Robeco Bluechip Equity Fund.
An SIP can be started in the fund with an investment as small as Rs 1,000. Mutual Funds tend to generate returns in the long-term and hence investors are advised to stay invested for the long-term only.
Kotak Bluechip Fund
| 1-year returns | 3-year returns | 5-year returns |
|---|---|---|
| 41.47% | 21.33% | 17.32% |
Unlike the other two peers listed above, this fund has been rated as 4-star by Morningstar. An SIP can be started in this fund with a small sum of Rs 1,000. The returns have been very good, especially over the short term period of 1-year. At the moment, we suggest that you invest small amounts by way of SIPs and should the market fall, you can invest larger amounts by way of SIPs, given that the markets are expensive.
LIC MF Largecap Fund
| 1-year returns | 3-year returns | 5-year returns |
|---|---|---|
| 37.88% | 20.00% | 16.32% |
This fund like the Kotak Bluechip Fund has been rated as 4-star by CRISIL. The returns are pretty decent in the short and long term even on an annualized basis. The fund has assets under management that are not really large and around Rs 674 crores only. Among the holdings of the company include names like ICICI Bank, Infosys, HDFC Bank and Avenue Supermarts.
An SIP in the fund can be started with Rs 1,000. Investors with a long term purview of things can invest in the above mentioned funds.
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