3 Best Performing Large Cap Mutual Funds with Up to 24% Annualised Returns Over 5 Years

These large cap mutual funds have shown strong performance over the past 5 years, consistently delivering more than 20% annualised returns. 

The information below highlights their NAV as of August 11, 2025, AUM, expense ratios, inception dates and investment objectives.

ICICI Prudential Focused Equity Fund (G)

AUM: ₹12,380.4 crore
Expense Ratio: 1.71%
Inception Date: May 28, 2009
NAV (as of August 11, 2025): ₹90.47
5-Year Annualised Return: 24%

The objective of ICICI Prudential Focus Equity Fund is to generate capital appreciation by investing in a concentrated portfolio of equity and equity-related securities of up to 30 companies across market capitalisation.

Nippon India Large Cap Fund (G)

AUM: ₹44,164.8 crore
Expense Ratio: 1.51%
Inception Date: August 8, 2007
NAV (as of August 11, 2025): ₹89.52
5-Year Annualised Return: 24%

The primary investment objective of Nippon India Large Cap Fund is to seek long-term capital appreciation by investing predominantly in equity and equity-related instruments of large-cap companies. The secondary objective is to generate consistent returns through investments in debt, money market securities, REITs and InvITs. This diversified strategy within the large-cap universe helps manage market volatility while aiming for sustained growth.

ICICI Prudential Large Cap Fund (G)

AUM: ₹71,787.9 crore
Expense Ratio: 1.42%
Inception Date: May 23, 2008
NAV (as of August 11, 2025): ₹108.90
5-Year Annualised Return: 21.39%

ICICI Prudential Large Cap Fund aims to generate long-term capital appreciation and income distribution from a portfolio that is predominantly invested in equity and equity-related securities of large-cap companies. 

Read More: How to Reach ₹1 Crore Corpus in 15 Years with SIP!

Conclusion

The large-cap mutual funds highlighted above have delivered impressive performance with annualised returns exceeding 20% over the past 5 years. While past performance does not guarantee future results, these schemes demonstrate how disciplined investment strategies and strong fund management can contribute to consistent long-term growth.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.