Name of Fund	5 Year Returns (p.a.)	Scheme Category
Axis Bluechip Fund	13.50%	Large Cap
ICICI Prudential Bluechip Fund	12.90%	Large Cap
Mirae Asset Large Cap Fund	13.76%	Large Cap
SBI Bluechip Fund	14.01%	Large Cap
Kotak Bluechip Fund	14.24%	Large Cap

What are large cap funds?

These funds invest their funds in top 100 companies as per their market capitalization. These are stable companies with almost constant dividend payment record. The investor can invest in these funds for better inflation adjusted returns than any traditional investments.

What are the benefits of investing in large cap funds?

You can earn more returns on your investments.

These funds are stable with less volatility.

You can see growth of your capital with the help of expert fund managers.

You can get the benefit of diversification as in top 100, almost all sectors of the economy comes into the picture.

Name of Fund	5 Year Returns (p.a.)	Scheme Category
Sundaram Equity Hybrid Fund	12.34%	Aggressive Hybrid Fund
HDFC Balanced Advantage Fund	11.37%	Dynamic Asset Allocation
ICICI Prudential Equity & Debt Fund	12.78%	Aggressive Hybrid Fund
DSP Regular Savings Fund	9.22%	Conservative Hybrid Fund
Axis Regular Saver Fund	9.50%	Conservative Hybrid Fund

These funds will give you the growth of equity with the cushion of debt. These funds invest in both equity and debt as per the defined asset allocation.

Define Balanced Funds?

These funds are also known as Hybrid Funds.Balanced funds are those funds which invests in equity and debt both. In other words, you can say it gives you best of the both worlds like growth of your capital in equity and stability.

Also, you can invest in aggressive or conservative hybrid/balanced funds. The aggressive balanced funds invests more in equity and conservative balanced funds invests more in debt.

As per SEBI, you can launch either aggressive hybrid funds or balanced funds at the fund level.

Is it advisable for a retired person to invest all of the retirement proceeds into the balanced funds?

We do not recommend to invest the entire retirement proceeds into the balanced funds. Before investing, a person should check their risk profile. Moreover, since the investor needs this money for his/her monthly expenses, it is better to invest in a mix of fixed deposits,senior citizen savings scheme, debt mutual funds ,balanced mutual funds etc. A balanced fund will help in generating inflation adjusted returns for the retirement proceeds.

Further Reading:

www.mutualfundssahihai.com

www.amfiindia.com