Top-Performing Large Cap Mutual Fund in 1 Year (May 2023): Despite the fact that the majority of banks 

now giving 6% to 7.5% interest on fixed deposits with a 1-year tenor, 

 few large cap mutual fund schemes have been able to significantly outperform FD returns in 1 year.

Only five large cap funds were able to provide a return of above 10% in a year under the direct plan, 

according to data on the Association of Mutual Funds in India (AMFI) website at the time of writing,

 while six additional large cap funds were able to provide a return in the region of 8% to 10% 

The direct plans of six Large Cap funds managed to give a return of only 1% to 5% in the one-year

Also, eight Large Cap funds managed to give a return between 6% to 8% only in one year under the direct plan.