Investment Vehicles Focused on Major Companies' Stocks
Investing in large-cap funds can be a steady choice for those seeking a balance between risk and return. These funds, which invest in established companies with a history of strong performance, are managed by professional fund managers. With a minimum investment as low as ₹500 per month through Systematic Investment Plans (SIPs), they are accessible to a wide range of investors.
As of August 1, 2025, some of the top performing large-cap mutual funds in India are:
SBI Large Cap Fund
This fund stands out for its stability, quality, and long-term growth. With a 5-year Compounded Annual Growth Rate (CAGR) of approximately 19.94%, it has an Asset Under Management (AUM) of ₹539.59 billion. The fund invests in around 40-50 high-quality stocks, with top holdings in HDFC Bank, Reliance Industries, and ICICI Bank.
HDFC Large Cap Fund
Known for its strong long-term track record, HDFC Large Cap Fund has delivered a CAGR of around 18.61% since its inception. As of the same date, its Net Asset Value (NAV) is ₹1,135.06.
Franklin India Large Cap Fund
With an even longer legacy, Franklin India Large Cap Fund has offered a CAGR of 18.96% since its inception (since 1993). Its current NAV is ₹1,019.80.
While funds like Parag Parikh Flexi Cap Fund and HDFC Flexi Cap Fund are top-rated overall, they are flexi cap funds rather than strictly large cap. For pure large cap category, SBI Large Cap Fund, HDFC Large Cap Fund, and Franklin India Large Cap Fund are notable performers.
When it comes to risk, large-cap mutual funds are relatively less risky in the short to medium term compared to other equity instruments. Gains from these funds held for more than 12 months fall under a tax bracket of 10%. However, the gains up to ₹1 lakh are completely tax exempted. When they are invested for less than 1 year, the tax stands at 15%.
Large Cap funds are a relatively safer form of equity investments, known to withstand bear markets and deliver sound and stable returns with a good investment horizon.
In summary, for large cap funds in India as of August 2025, consider the SBI Large Cap Fund, HDFC Large Cap Fund, and Franklin India Large Cap Fund, which stand out due to their longevity, stable returns, and AUM size. These details provide a basis for selecting top-performing large cap funds, keeping in mind both recent performance and long-term consistency.
Sources: [1], [2], [3], [4], [5]
In the Indian market as of August 1, 2025, three noteworthy large cap mutual funds offering stable returns and a combined AUM of over ₹1 trillion are the SBI Large Cap Fund, HDFC Large Cap Fund, and Franklin India Large Cap Fund. These equity funds, known for their longevity and consistent performance, offer a relatively safer form of investing compared to other equity instruments, with capital gains taxed at 10% for holdings over 12 months.
