Top-Performing Mutual Funds In India

By BankBazaar | September 27, 2017

Top Performing Mutual Funds In India

As an investor you may often wonder how to build your portfolio. And inadvertently you often find yourself doing some research on your own to find the top performing Mutual Funds in India, or how to pick the best Mutual Funds. The google results out there might be confusing, and more often than not you may settle for something you didn’t want or don’t understand. And that isn’t a great way to create or build wealth.

Making the right decision while investing is absolutely important. Hence, when you want to invest in equity, be sure not to land on sites that list their Mutual Fund schemes based on their performance over a short period of time. That is one of the main reasons why investors don’t understand why their fund is underperforming despite the fund being one among the “best”.

Today, we will share with you a list of top Mutual Fund schemes from five different categories – large cap, midcap, multicap, ELSS or tax saving schemes, and equity-oriented hybrid schemes. And this information should suffice if you’re relatively new to investing.

BB Tip: Most new investors start with Equity Linked Savings Schemes (ELSS) or tax saving Mutual Fund schemes as they qualify for tax deductions of up to Rs. 1.5 lakh under Section 80C of the Income Tax Act

 Best Large Cap Mutual Fund Schemes To Invest In

For investors who want to invest in equity schemes but are wary of the risks involved should consider investing in large cap Mutual Fund schemes. These schemes, as the name suggests invest in very large companies. These companies are often leaders in their segments and are less prone to volatility. They are also less likely to fall during a bad market phase. These schemes are perfect for investors with a medium risk appetite as they offer stable yet moderate returns.

As a conservative equity investor you can choose this form of investment to create wealth for your long-term financial goals like retirement, your child’s education etc.

Scheme

Returns (%)

 

1 Year

3 Years

5 Years

10 Years

SBI Blue Chip Fund 11.76 13.47 18.97 10.57
Aditya Birla Sun Life Top 100 15.32 12.28 18.36 11.49
Aditya Birla Sun Life Frontline Equity 13.86 12.41 18.31 12.69

 Additional Reading: How To Select The Ideal Large-Cap Fund

Best Mid Cap Mutual Fund Schemes To Invest In

Like the name suggests, mid cap schemes invest in mid cap stocks or relatively smaller companies as compared to the large cap Mutual Fund schemes. However, these mid cap companies have the potential to provide higher returns as compared to the large cap schemes. Thus, they involve higher risks too.

These funds are best suited for long-term investors who are willing to take the risk as the returns will also be higher. The recommended investment period is 5 – 10 years.

Scheme

Returns (%)

1 Year

3 Years

5 Years

10 Years

SBI Small And Mid Cap Fund 32.60 29.18 33.53
Mirae Asset Emerging Bluechip  Reg – G 24.39 24.85 30.15
Canara Robeco Emerging Equities Reg – G 23.55 21.92 28.69 15.91

Additional Reading: Zeroing In On The Right Mid-cap Fund

Best Multicap Mutual Fund Schemes To Invest In

Multicap Mutual Funds are diversified Mutual Funds that can invest in companies across market capitalisation. In short, they are market capitalisation agnostic and invest across the breadth of the equity market. Hence, these funds are able to take advantage of the opportunities across market cap for the investment.

However, it’s worth noting that since a multicap fund has a much larger universe to choose stocks from, the risk levels of these funds can change quickly too. And that’s why it’s impertinent to choose the right fund manager in order to succeed in this type of investment. Hence, it becomes important to carefully check the past record of both the fund and the fund manager.

Scheme

Returns (%)

1 Year

3 Years

5 Years

10 Years

ICICI Prudential MultiCap Fund

 

10.36 13.04 17.87 9.91
SBI Magnum MultiCap Fund

 

 

18.22 18.00 20.82 8.71

Aditya Birla Sun Life Advantage Fund

 

 

20.11 20.74 23.23 10.62

Best ELSS To Invest In

Bet you already know that tax planning is crucial. And one of the best tax saving Mutual Fund schemes are ELSS. ELSS come with a lock-in period of three years. These schemes invest in stocks. Thus, these Mutual Fund schemes are best suited for investors who have a high risk appetite and who are able to handle the volatile stock market. Since these schemes have a mandatory lock-in period of three years, you should consider investing in them only if you have an investment horizon of five to seven years.

Scheme

Returns (%)

1 Year

3 Years

5 Years

10 Years

DSP Blackrock Tax Saver 23.41 15.98 21.41 13.62
Axis Long Term Equity Fund 17.2 15.56 23 NA
Birla Sun Life Tax Relief 96 21.75 18.11 22.14 11.43

 

Franklin India Taxshield 14.47 15.48 19 13.75
As on 06-07-2017

Additional Reading: Huge Mistakes To Avoid While Investing In ELSS

Best Equity Oriented Hybrid Mutual Funds To Invest In

In other words, these funds are also called hybrid funds or balanced schemes as they invest in a mix of equity and debt. Equity oriented hybrid schemes invest at least 65 per cent of the corpus in equity. These schemes are less volatile when compared to pure equity funds because of their mixed portfolio. The debt investments that are part of the fund provide stability in times of volatility.

This type of investment is best suited for novices in the stock market or for investors who follow a very conservative style of investing.

Scheme

Returns (%)

1 Year

3 Years

5 Years

10 Years

 

HDFC Balanced Fund

 

14.16 13.78 17.95 14.81
Tata Retirement Savings Moderate Reg-G

 

 

22.47 17.89 19.84
L&T India Prudence Fund

 

 

15.74 14.79 18.64

Additional Reading: How To Choose The Best Mutual Fund

Depending on your investment style, we suggest you pick investment schemes that suit your need. And if you don’t know where to get started, then, all you need to do is click on the button below.

Terms & conditions apply. Allotment of Mutual Fund units at the sole discretion of the AMC. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns. BankBazaar makes no warranties or representations, express or implied, on products of the AMC’s offered through the platform. 
All information including news articles and blogs published on this website are strictly for general information purpose only. BankBazaar does not provide any warranty about the authenticity and accuracy of such information. BankBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. Rates and offers as may be applicable at the time of applying for a product may vary from that mentioned above. Please visit www.bankbazaar.com for the latest rates/offers.

2 thoughts on “Top-Performing Mutual Funds In India

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