Widely read:
Large-cap equity funds invest primarily in India’s 100 largest companies by market capitalisation, providing investors with exposure to well-established businesses with resilient balance sheets. They do not swing as sharply as mid- or small-cap stocks, yet over long stretches, the best managers can still compound wealth handsomely, especially through direct plans, where lower expenses lift net returns.
Below is a snapshot of the large-cap schemes that have generated the strongest ten-year growth in their direct-plan growth options. Performance is annualised and expressed as compound annual growth rates (CAGR). Data is as of 24 June 2025.
| Rank | Scheme | Ten-year CAGR | Five-year CAGR | Three-year CAGR |
| 1 | Nippon India Large Cap | 15.36 per cent | 27.4 per cent | 26.5 per cent |
| 2 | Canara Robeco Large Cap | 15.28 per cent | 22.1 per cent | 21.8 per cent |
| 3 | ICICI Prudential Large Cap | 15.2 per cent | 24.5 per cent | 23.7 per cent |
| 4 | Invesco India Largecap | 14.63 per cent | 23.3 per cent | 23.8 per cent |
| 5 | Mirae Asset Large Cap | 14.41 per cent | 20.7 per cent | 18.3 per cent |
| 6 | Kotak Bluechip | 14.24 per cent | 22.8 per cent | 21.4 per cent |
| 7 | Edelweiss Large Cap | 13.93 per cent | 22.8 per cent | 22.6 per cent |
| 8 | Baroda BNP Paribas Large Cap | 13.93 per cent | 22.1 per cent | 22.3 per cent |
Why it matters
- A mid-teens ten-year CAGR from large caps is well ahead of the category average and comes with milder volatility than mid or small caps.
- Direct plans add between half and one percentage point of extra return every year by stripping out distributor commissions, which compounds meaningfully over a decade.
- Even the steadiest blue-chip fund will fluctuate with the market. Stay invested for at least five years, spread money across a few proven managers, and align allocations with your risk tolerance.
Large-cap funds remain the anchoring equity allocation for many long-term portfolios. Choosing one or more of the above leaders—and holding tight through full market cycles—can help investors grow wealth with a smoother ride than racier categories.
Also read: Top small-cap mutual funds with the highest 10-year returns
Disclaimer: Past performance is not a guarantee of future results. Investors should assess their risk tolerance and consult a financial advisor before making an investment decision. All data mentioned is as of the latest update available.
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
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