Best Large Cap Mutual Funds for October 2025: Nippon India and ICICI Prudential Lead Performance

Large cap mutual funds have long been favoured for their stability, steady returns, and focus on blue-chip companies. These schemes invest in established businesses with proven fundamentals, making them attractive for investors seeking a balance between growth and risk. As of October 2025, some large cap schemes have stood out with consistent performance across multiple timeframes.

Performance Table of Large Cap Funds

Note: The Mutual Funds mentioned above have been selected and sorted based on 5Y CAGR as of September 19, 2025

Nippon India Large Cap Fund

The Nippon India Large Cap Fund has emerged as one of the strongest players with 27% 5-year returns and 16% over 10 years. With an AuM of ₹45,012.18 crore, it combines size with performance. Its Sharpe ratio of 1.06 and alpha of 6.97 indicate excellent risk-adjusted results, while a beta of 0.97 shows strong alignment with market movements.

ICICI Prudential Large Cap Fund

ICICI Prudential Large Cap Fund leads the pack with ₹71,839.85 crore AuM. It has matched peers with 20% in 2 years and provided a 23% 5-year return. Long-term returns stand at 16% over 10 years, with a low beta of 0.88 and standard deviation of 11.52, making it one of the least volatile funds. Its Sharpe ratio of 1.01 and alpha of 5.42 reinforce its dependable risk-adjusted performance.

HDFC Large Cap Fund

HDFC Large Cap Fund delivered 23% in 5 years and 14% over 10 years, though it lagged in the short term with a -4% 1-year return. With an AuM of ₹37,659.18 crore, it is among the larger schemes. The fund’s Sharpe ratio of 0.80 and alpha of 3.14 reflect moderate risk-adjusted results, while a beta of 0.95 shows it closely tracks market movements.

Invesco India Largecap Fund

Invesco India Largecap Fund, though smaller with an AuM of ₹1,554.73 crore, has impressed with 21% 2-year returns and 15% in 10 years. Its Sharpe ratio of 0.86 and alpha of 4.13 highlight healthy risk-adjusted performance. With a beta of 0.96 and a standard deviation of 12.84, it has managed to balance growth potential with market alignment.

Tata Large Cap Fund

Tata Large Cap Fund, managing ₹2,615.27 crore, has delivered 21% over 5 years and 14% in 10 years. While its -1% 1-year return shows some short-term weakness, it remains a steady mid-term performer. The fund carries a Sharpe ratio of 0.70, an alpha of 1.97, and a beta of 0.96, indicating moderate consistency with lower risk-adjusted strength compared to its peers.

Read More: Who Are the Top Passive Players in Indian Mutual Funds? SBI Mutual Fund, Nippon on Top

Conclusion

Large cap mutual funds continue to be a steady choice for investors seeking reliable returns with lower risk exposure. In October 2025, Nippon India and ICICI Prudential Large Cap Funds stand out as category leaders, while HDFC, Invesco, and Tata funds provide balanced diversification. These funds highlight the importance of combining long-term vision with careful risk management in wealth creation.

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. 

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