Mutual fund investment - Best funds in Large-cap and Mid-cap

 

Best Large-cap and Mid-cap mutual fund investment schemes

The events that shook the Indian stock market are now withdrawing slowly over time. The market is now returning to its old state. The recent stock market depression showed us the importance of the mutual fund investment that provide both stability and upside potential. Let us check some mutual funds that you can consider this year.

ICICI Prudential Large & Mid-cap fund - Direct Plan

The fund manager of this mutual fund is Parag Thakkar. Assets under management as on 28 Feb 2022 are 3796 crores. The net asset value of the fund is 578.46 rupees. In the last year, it has generated a return of 31.17 percent which is larger than the category percentage of 24.666. The fund is likely to generate more returns in a bull market. It has a well-diversified portfolio which includes Bharti Airtel and ICICI bank. The fund has investments in more than 70 stocks. The top companies and percentage of a net asset are listed below.

1. Bharti Airtel - 7.17 %
2. ICICI Bank - 5.83%
3. NTPC - 4.43 %
4. Wipro- 4.41 %
5. HCL Technologies - 4.17 %
6. Federal Bank - 3.78 %
7. State Bank of India - 3.18 %
8. Reliance Industries - 3.14 %
9. HDFC Bank - 3.00 %
10. TVS motor company - 2.86 %
     

The sectors in which the fund invested include financial technology, energy sector, automobile, communication, healthcare, and capital goods. Investors can consider this fund considering risk factors as the fund may tend to fall during a bear market.

DSP Equity opportunities fund

The fund is suitable for investors looking for high returns and able to invest for at least 3-4 years. Net asset value as on 29 July 2022 is Rs. 346.693 and fund size is Rs. 6170.5 crores. The fund holds mainly domestic equities of which 49.66 percent in large-cap, 27.88 percent in mid-cap, and 7.91 percent in small-cap stocks.  Top stocks in the portfolio are listed below.

1. ICICI Bank - 8.71 %
2. HDFC Bank Ltd - 5.75 %
3. Infosys Ltd - 5.18 %
4. Axis Bank Ltd - 3.95 %
5. State Bank of India - 3.26 %
6. SBI life insurance Co Ltd - 2.89 %
7. National Thermal Power Corporation Ltd - 2.58 %
8. Bharti Airtel Ltd - 2.28 %
9. Mahindra & Mahindra Ltd - 2.21 %
10. Dr. Reddys Laboratories Ltd - 2.19 %
    

The fund manager is Charanjit Singh, Rohit Singhania, and Jay Kothari. The fund can be considered for investment that you can generate a decent return over some years.

A section on mutual funds has started through this page and you can access the information under the label "Mutual Funds" . 

Read my previous article on stock market trends. 

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