5 active large-cap funds that mimic their indices

How do large-cap funds invest?

They are mandated to invest at least 80% of their assets in the top 100 companies as per market capitalisation.

The downside

Hence, such funds often tend to overlap their indices and appear to mimic them.

Which funds are these?

Let’s look at the five least active large-cap funds.

#1 LIC MF Large Cap

Overlap with large-cap index: 76.5%, Value Research rating: 2/5

#2 Canara Robeco Bluechip Equity

Overlap with large-cap index: 68.7%, Value Research rating: 4/5

#3 Edelweiss Large Cap

Overlap with large-cap index: 67.8%, Value Research rating: 4/5

#4 Sundaram Large Cap

Overlap with large-cap index: 67.6%, Value Research rating: 4/5

#5 Aditya Birla Sun Life Frontline Equity

Overlap with large-cap index: 65.8%, Value Research rating: 3/5

Important note

The data is as of March 31, 2024. Only the direct plans of large-cap funds (as per Value Research classification) have been considered.

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