In my last post I have analysed few equity multicap funds. You can read my last post here: A Quick Guide On Top Performing Mutual Funds 2017. In the last post I have analyzed equity multi cap funds. Now it is the time to analyze the large cap equity mutual fund arena.
We have handpicked these few funds as our bet for the large cap equity mutual fund category. Watch the image below:
Out of the four funds Quantam Long Term Equity Fund is a emerging fund in our list. We thought that lower charges will not really transform into better returns.
The Quantam Long Term Equity Fund definitely convicts what is says. Lower cost is definitely an advantage for this fund but the lower cost has now been marginalized because the ICICI Prudential Value Discovery Fund now have lower cost than Quantam Long Term Equity Fund in the direct plan. Of course Quantam Long Term Equity Fund is sold only direct and you have 1.25% expense ratio but here you have even lower because of the scale of fund the cost has come down for the fund below 1%, so that advantage will prevail for this fund. But despite that if you look at it, its a changed classification. This is a migrated category, from multi cap to large cap. So their portfolio reflects their gradual shift from multi cap to large cap category.
Over all the four funds that are into our radar are have performed very well. We have selected them based on their 3-year returns. These funds will do well in the bear phase of the market too and they will provide superior risk adjusted performance. Now, as large cap funds were out of favor in 2015/2016 we believe this sector specially these four funds will do exceptionally well in large cap equity mutual fund sector.
Indrajit is a professional blogger and trading system developer. Amibroker expert, Wordpress expert, SEO expert and stock market analyst.Trading since 2002, he has started the journey of StockManiacs.net on 2008. He follows Indian and world stock markets closely.