2 Best Large & Mid Cap Funds Rated 1 By CRISIL With 1 Year Returns Over 70%

UTI Core Equity Fund Regular Plan-Growth

This Large & MidCap mutual fund was launched in 2005 and thus has been in existence for the last 16 years. According to Value Research, UTI Core Equity Fund Regular Plan-Growth returns for the past year have been 71.52 percent, with an average annual return of 13.40 percent since its commencement. The expense ratio of this medium-sized fund in its category is 2.53%, which is much higher than the expense ratio of most other Large and MidCap funds. The financial, technology, construction, energy, and healthcare sectors are all heavily represented in the fund’s equity allocation.

ICICI Bank Ltd., HDFC Bank Ltd., Housing Development Finance Corporation Ltd., Infosys Ltd., and State Bank of India are among the fund’s top five holdings. CRISIL has given the UTI Core Equity Fund Regular Plan-Growth fund a 1-star rating, Value Research has given it a 3-star rating, and Morningstar has given it a 2-star rating, indicating how the fund has managed with risk and price tweaks compared with other funds under the Large & Mid Cap fund category. If assigned units are redeemed within one year of the investment date, the fund imposes a 1% exit load. The fund has a Net Asset Value (NAV) of Rs 99.03 crore and an Asset Under Management (AUM) of Rs 1,157.73 crore as of October 1, 2021.

Mirae Asset Emerging Bluechip Fund Direct-Growth

This Large & MidCap mutual fund is a medium-sized fund of its category and has been in existence for the last 8 years. According to Value Research, Mirae Asset Emerging Bluechip Fund Direct-Growth returns over the last year have been 68.04 percent, with an average annual return of 25.87 percent since its debut. The fund has a major equity allocation across the Financial, Healthcare, Technology, Automobile, Energy sectors. The fund has an equity holding of 98.7% and a cash allocation of 1.3%. The fund’s best-performing holdings are ICICI Bank Ltd., HDFC Bank Ltd., Axis Bank Ltd., Infosys Ltd., State Bank of India.

The fund’s expense ratio is 0.69 percent, which is lower than the expense ratio of most other funds in the same category. The fund charges an exit load of 1% if purchased units are redeemed within 1 year of the investment date. Mirae Asset Emerging Bluechip Fund Direct-Growth fund has been ranked 1 by CRISIL, 5 star by Value Research and again 5 star Gold by Morningstar which is only the indicator of the fund’s past performance and which not only should be your only criteria while investing. As of 1st October 2021, the fund has a Net Asset Value (NAV) of Rs 105.63 Cr and Asset Under Management (AUM) of Rs 20,615.27 Cr. With a minimum amount of Rs 1000, SIP can be started in this fund.

Best Performing Large & Cap Funds In 2021

Based on CRISIL’s “No.1” ranking and past performance of over 70% returns, here are the two best performing large and mid-cap funds that you can consider to initiate SIP in 2021.

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