According to the leading online investment platform, MySIPonline, the mutual funds have gained huge popularity among the masses with large cap funds being the most favorite. Launched in 2015, the online platform saw a huge growth in the number of investors willing to pool their cash in this category of mutual funds.

When asked about the reason of popularity, Mr. Virendra Ranawat, the CEO of MySIPonline told that the market volatility of 2018 and the recovery rate of large cap funds were the driving force behind the popularity.

He believed that the market turbulence led to double digit loss which raised the eyebrows of many aspiring investors. Knowing that the market can change from ‘best’ to ‘beast’ anytime has urged the amateur investors in restricting their corpus towards risk. Adding to this, Mr. Ranawat also said that despite of volatility, some actively-managed funds have surged around 17.16% returns which also played a key role in developing the trust of investors towards the large cap funds.

The company, which is now the top mutual fund distributor in India has revolutionized the online investment. MySIPonline was in fact the first among the competitors to introduce several online tools such as, SIP Calculator, Lump Sum Calculator, Tax Calculator, etc. for easing the task of investment which was earlier looked as a tedious task to the investors. To add to the popularity of large cap funds or any other category of mutual fund, the platform provides the facility of a single account to manage all the mutual funds of the family members. Also, MySIPonline currently offers investment solutions for 22 AMCs and the firm is still in talk with the others to bring all the AMC’s under one roof.

Recently, MySIPonline revealed the list of top large cap funds to invest in FY2019. When asked about the criteria followed in shortlisting the funds, Mr. Ranawat told that the credit goes to the entire team of MySIPonline. The financial experts review the asset allocation, past performance and market condition before suggesting the schemes.

The list has been critically acclaimed by many of the renowned financial gurus. Also, in the current scenario, when investors are always in search for the best large cap fund, the top recommendation list of MySIPonline has put their worries to rest.

According to the trade gurus, market is expected to remain bullish in the near future. Thus, it is a great opportunity for the aspiring investors to park their cash in the large cap funds. Such funds have moderately high risk, thus an investor should be able to resist some turbulence in the finance market. Moreover, it is also a good approach that an individual should analyse his investment horizon and financial goals beforehand, and then enter the finance market.

Gather More information at https://www.mysiponline.com/mutual-funds/large-cap