Month: June 2021

Best Large Cap Equity Funds In Terms of Returns & Rating

Canara Robeco Bluechip Equity Fund

This fund, which is a Large Cap mutual fund scheme from Canara Robeco Mutual Fund, presently has an Asset Under Management (AUM) of Rs 2,477 Cr and a NAV of Rs 41.11 as of June 8, 2021. Canara Robeco Bluechip Equity Fund Direct-Growth returns have been 53.74 per cent over the last year. The bulk of the capital in the fund is allocated across the financial, technology, construction, energy, and healthcare industries. Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., and Tata Consultancy Services Ltd. are the fund’s top five holdings. The fund has an expense ratio of 0.45% with a 1% exit load, and one can start SIP by making an initial contribution of Rs 1000. Value Research has given this fund a five-star rating, signifying that it has the potential to provide outstanding returns in future.

Axis Bluechip Fund Direct Plan Growth

Axis Bluechip Fund has a current Asset Under Management (AUM) of Rs 25,183 Cr and a current NAV of Rs 45.60 as of June 8, 2021. The fund has a 0.5 per cent cost ratio and has returned 47.14 per cent over the last 1-year. The fund’s three and five-year returns are higher than the category average, which can be a positive sign for long-term investors. The fund’s equity allocation is diversified across Financial, Technology, Healthcare, Services, FMCG sectors. Infosys Ltd., Bajaj Finance Ltd., HDFC Bank Ltd., Tata Consultancy Services Ltd., and Kotak Mahindra Bank Ltd. are the fund’s top five holdings. For units worth more than 10% of the deposit, a 1% exit load will be charged if they are redeemed within one year. SIP can be started with a minimum amount of Rs 500. This fund has also been given a five-star rating by Value Research and based on its past record, it can perform well in the long term.

Mirae Asset Large Cap Fund

Mirae Asset Large Cap Fund Direct-Growth has Rs 23,993 crores in asset under management (AUM) and a current net asset value (NAV) is Rs 76.08 as of June 8, 2021. The fund’s expense ratio is 0.53 per cent, and its 1-year returns are 56.55 per cent. The fund has diversified its equity allocation across Financial, Technology, Energy, FMCG, Healthcare sectors. Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., and Tata Consultancy Services Ltd. are the fund’s top five holdings. SIP can be started in this fund by making a minimum contribution of Rs 1000 and a 1% exit load will be charged if withdrawn within 12 months. Value Research has also granted this fund a five-star rating, which demonstrates the fund’s stability in producing returns.

Kotak Bluechip Fund

The 1-year returns for Kotak Bluechip Fund Direct-Growth are 59.32 per cent. According to Value Research, it has provided an average yearly return of 15.24 per cent since its inception. The fund’s equity exposure is spread throughout the financial, technology, energy, FMCG, and construction sectors. ICICI Bank Ltd., Reliance Industries Ltd., Infosys Ltd., HDFC Bank Ltd., and Tata Consultancy Services Ltd. are the fund’s top five holdings. The fund has a 0.92 per cent expense ratio, which is more than other large-cap funds. The fund has a total of Rs 2,411 crore in asset under management (AUM), with a current NAV of Rs 369.67 as of June 8, 2021. The minimum SIP is Rs 100, and units worth more than 10% of the deposit would incur a 1% redemption fee if redeemed within 12 months. Value Research has provided the fund with a four-star rating, indicating that it has a stronger capacity to provide good returns than other funds in the same category.

Should you invest?

According to data from Value Research, large-cap equity funds, for example, have generated an average SIP return of 13.63 per cent over the last ten years which is undoubtedly much higher than that of PPF and even bank FDs. The current interest rate on PPF, on the other side, is 7.1 per cent. The Public Provident Fund (PPF) is one of the finest ways to save for old age. It has generally given higher interest rates than bank fixed deposits. Furthermore, the PPF interest rate is unstable, as the central government adjusts it every quarter. In this case, a diversified equity fund can be a good bet for your portfolio. Because the underlying companies are not strongly influenced by market swings, conservative investors may consider investing in the large-cap funds discussed above. As a result, they are less risky than small and midcap funds. Market risk is also included in large cap funds so before making a selection, investors must examine prior returns, investment purpose, expense ratio, exit load and AUM of the fund.

Disclaimer

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8 Best Performing Nifty 50 Stocks To Invest In India 2021

8 Best Performing Nifty 50 Stocks To Invest In India 2021

JSW Steel

JSW Steel Ltd., founded in 1994, is a Large Cap business in the Metals – Ferrous sector with a market capitalization of Rs 171,018.35 crore. The company reported a Consolidated Total Income of Rs 27,095.00 Crore for the quarter ended 31-03-2021, up 23.13 percent from the previous quarter’s Total Income of Rs 22,006.00 Crore and up 50.45 percent from the same quarter last year’s Total Income of Rs 18,009.00 Crore. In the most recent quarter, the company generated a net profit after tax of Rs 4,179.00 crore.

The stock gained 108.52 percent over three years, compared to 43.76 percent for the Nifty 100.

Over a three-year period, the stock returned 108.52 percent, compared to 45.35 percent for the Nifty Metal index.

Tata Steel

Tata Steel Ltd., founded in 1907, is a Large Cap business in the Metals – Ferrous sector with a market capitalization of Rs 133,790.55 crore.

The company reported a Consolidated Total Income of Rs 50,249.58 Crore for the quarter ended 31-03-2021, up 26.23 percent from the previous quarter’s Total Income of Rs 39,809.05 Crore and up 43.22 percent from the same quarter last year’s Total Income of Rs 35,085.86 Crore. In the most recent quarter, the company generated a net profit after tax of Rs 7,011.50 crore.

The stock gained 87.96 percent over three years, compared to 43.76 percent for the Nifty 100.

Stock generated an 87.96% return as compared to Nifty Metal which gave investors a 45.35% return over 3 year time period.

Nifty 50 Stocks: Tata Motors

Tata Motors Ltd., founded in 1945, is a Large Cap firm in the Auto industry with a market capitalization of Rs 117,123.86 crore.Stock generated 13.81 percent over three years, compared to 44.33 percent for the Nifty 100. Over a three-year period, the stock returned 13.81 percent, while the Nifty Auto delivered investors a -3.74 percent return. Along with NIFTY 50, the company’s other products and services include Consumer Cyclical, Auto Manufacturers, Commercial Vehicles, NIFTY 100, and NIFTY 500, among others.

Nifty 50 Stocks: Hindalco Industries

Hindalco Industries Ltd., founded in 1958, is a Large Cap business in the Metals – Non-Ferrous sector with a market cap of Rs 87,115.18 Crore. The stock gained 63.12 percent over three years, compared to 43.76 percent for the Nifty 100. Over a three-year period, the stock delivered a 63.12% return, while the Nifty Metal provided investors a 45.35 percent gain. The company is part of the Basic Materials industry sector, with a specialisation in the Aluminum sector.

Nifty 50 Stocks: UPL Ltd

By expanding globally, the company has made a step toward becoming an agriculture solutions provider rather than just an agrochemicals manufacturer. With its presence in many places throughout the world, the business model is also de-risked from weather uncertainty. The stock returned 78.95 percent over three years, compared to 43.76 percent for the Nifty 100.

Nifty 50 Stocks: Adani Ports And Special Economic Zone

Adani Ports & Special Economic Zone Ltd., founded in 1998, is a Large Cap company in the Shipping sector with a market cap of Rs 177,615.74 crore. The stock returned 130.91 percent over three years, compared to 43.76 percent for the Nifty 100. Over a three-year period, the stock returned 130.91 percent, while the Nifty Infrastructure index returned 35.49 percent.

Nifty 50 Stocks: Grasim Industries

Grasim Industries Ltd., founded in 1947, is a Large Cap business in the Diversified sector with a market capitalization of Rs 98,914.01 crore. The company reported a Consolidated Total Income of Rs 24,529.53 Crore for the quarter ended 31-03-2021, up 14.94 percent from the previous quarter’s Total Income of Rs 21,341.10 Crore and up 21.59 percent from the same quarter last year’s Total Income of Rs 20,174.61 Crore. In the most recent quarter, the company generated a net profit after tax of Rs 2,533.30 crore. The stock gained 46.14 percent over three years, compared to 44.33 percent for the Nifty 100.

Nifty 50 Stocks: State Bank of India

State Bank of India, founded in 1955, is a banking corporation with a market capitalization of Rs 381,259.40 crore. The stock earned 56.48 percent over three years, compared to 44.33 percent for the Nifty 100 index. Over a three-year period, the stock generated a 56.48 percent return, compared to 34.0 percent for the Nifty Bank.

Conclusion

Please note that past performance is not always indicative of future results. Furthermore, you should not consider any discussion or information in this article to be the receipt of, or a substitute for, specific investment advice from Authors or Goodreturns.