Five large cap mutual funds that gave the highest return in the past 10 years are Nippon India Large Cap Fund which gave 17.09% returns, followed by Mirae Asset Large Cap Fund with 16.99% return. The other three are ICICI Prudential Bluechip Fund, SBI Bluechip Fund and HDFC Top 100 Fund.
Large and Midcap Funds: Large and Midcap Funds are open-ended equity schemes investing in both large-cap and mid-cap stocks. The funds potentially offer investors a balance of stability and growth for long-term investment goals.