Best large cap mutual funds to invest in 2020 1. Nippon India Pharma Fund Direct Plan Growth This is a fund that invests mainly in shares of pharmaceutical and healthcare companies. We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains. But if you do invest, you must do so only through the SIP route. Warning : Do not invest in this, or any other pharma sector fund, if you need to redeem your investment in less than seven years. Taxability of earnings: Capital gains 2. Axis Blue chip Fund Direct Plan Growth When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way. This is a ...
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