Nippon India has been the top large-cap mutual fund over the last three years, according to data from the Association of Mutual Funds in India (AMFI). The best flexi cap is JM Flexi Cap, the best large cap fund is Quant ELSS Tax Saver Fund, and the best ELSS fund overall is JM Flexi Cap.
Best large-cap, flexi-cap, and ELSS mutual fund: Which one has produced the highest returns over the last three years in both SIP and lump sum?
Three well-liked mutual fund categories that are renowned for their stability are large-cap, flexi-cap, and Equity Linked Savings Scheme (ELSS). Although the majority of the assets in large-cap mutual funds are invested in large-cap companies, the majority of the assets in flexi-cap and ELSS funds are also invested in large-cap companies.
They are regarded as a reliable long-term investment due to their exposure to large-cap corporations. choice for investments. The three funds are categorized as follows by the Securities Exchange Board of India (Sebi):
Large Cap Fund:
Invests at least 80% of its capital in large-cap stocks
Flexi cap fund
At least 65% of the investments in Flexi Cap Fund are made in equities and equity-related products.
ELSS:
At least 80% of stocks held in line with the Ministry of Finance’s notification of the Equity Linked Saving Scheme, 2005.
The top large-cap mutual fund over the last three years, according to the Association of Mutual Funds in India (AMFI), is Nippon India Large Cap Fund, which has returned 26.20 per cent.
With an annualized return of 31.86%, JM Flexi Cap is the best-performing flexi-cap mutual fund over the three-year period.
Conversely, with a return of 29.16 percent over the course of three years, Quant ELSS Tax Saver Fund is the best-performing ELSS fund.
Here are the results of the last three years for the Rs 10,000 SIP investment in each fund and the Rs 2 lakh lump payment amount.
Nippon India Large-Cap Fund: Sum of the proceeds
One has long-term capital gains of Rs 2,01,983 on a Rs 2 lakh lump sum investment, and in three years, one has a maturity amount of Rs 4,01,983.
SIP reimbursement
The maturity value of a Rs 10,000 SIP invested in the same fund for three years, or a total investment of Rs 3.60 lakh, is Rs 5,19,922.
amount return lump amount JM Flexi Cap
For a lump sum investment of Rs 200,000, the best flexi-cap mutual fund offered long-term capital gains of Rs 2,58,531.54 and maturity of Rs 4,58,531.54 over a three-year period.
SIP reimbursement
As of now, the maturity value of the investor who began a Rs 10,000 SIP in the fund three years ago is Rs 5,90,928.
Quantitative ELSS Tax Savings Fund: Lump sum payout
One has received long-term capital gains of Rs 2,30,937.32 and maturity proceeds of Rs 4,30,937 after investing Rs two lakh in the best ELLS fund in India three years ago.
SIP reimbursement
For three years, a monthly SIP of Rs 10,000 has yielded a total amount of Rs 5,33,841.
Account opning link:
- Groww Account- https://app.groww.in/v3cO/kyrp1zph
- Kotak neo Account https://kotaksecurities.ref-r.com/c/i/32531/109103906
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