Top Large Cap Mutual Funds To Invest in 2020?

Searching for best large-cap mutual funds for investment in 2020? Here you will find the list of recommended monthly updated mutual funds in May. That means if you will start investing in any of the recommended schemes to achieve your long term financial objectives, you can continue with them.
As in the present turmoil state of the market due to COVID-19, many mutual funds advisors are advising their clients to invest in large-cap mutual funds only. The reason is very simple as the large companies with deep pockets would able to resist the bleak economic times.
However, we would like you to know a few things before making any investment decisions. Large-cap mutual funds are recommended to prudent equity investors who are looking to generate wealth without much risk involvement. According to SEBI rules and regulations, large-cap mutual fund schemes have to invest at least 80% of the corpus in the top 100 companies by market capitalization.
These large-cap companies are generally leaders in their domain. That means they are relatively stable than their small counterparts during hard economic times like this we are facing today.
That’s the sole purpose behind managers advising their clients to invest in large cap schemes during uncertain times when markets are in the state of correction.
So now we all are very clear why do we need to opt for large cap mutual fund schemes during these times. So here are our recommended Large cap mutual fund schemes. but keep in mind to invest in these schemes for a minimum investment horizon of five to seven years to achieve your long term financial goals. Keep checking your scheme monthly updates to check whether they are performing up to the mark. They usually come up with the updates in the first week of every month.
Best large-cap mutual funds to invest in 2020 are :
1. Axis Bluechip Fund
2. ICICI Prudential Bluechip Fund
3. Nippon India Large Cap Fund
4. Canara Robeco Bluechip Equity Fund
5. HDFC Top 100 Fund
6. Mirae Asset Largevap Fund.
(Disclaimer: Past performance is no 100% guarantee for the future.)

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