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Best Mutual Funds in India

Today, mutual funds have become a very popular investment tool and preferred choice for people in India. It is because these funds get professionally managed by fund managers and have fetched better returns in the last two decades for the investors, as compared to other investment options like bank FDs, PPF, NSC, etc. The mutual fund performances get continuously monitored by the specific fund managers and changes get made in the investment portfolio to ensure the fund performance is at its best to get lucrative returns at all times for the investors.

AMC or Asset Management Companies control the mutual fund. The company gathers money from a group of investors or individual investors and invests the same in the market-related financial instruments like equities, bonds, and securities. The investments are made as per the investment motive of the fund like capital growth, regular income etc. The mutual funds can be purchased or sold as per the current NAV (Net Asset Value) which gets updated by the AMC on daily basis.

Below are the details of some of the best performing mutual funds in India.

5 Best Mutual Fund Plans to Invest in India in 2018

Birla SL Frontline Equity Fund

The goal of this mutual fund is long term growth through investment in equity. The secondary goal is to generate returns to source regular income for the investors. The return on the fund overtime is 1 year 4.8%, 3 year 8.8 % and 5 year 17%. The asset under management as on 31st March, 2018 is INR 15075.08 crores.

ICICI Prudential Value Discovery Fund

The goal of this fund is to achieve income and capital appreciation through investment in diversified financial instruments. The return on the fund overtime is 1 year 6.7%, 3 year 7.1% and 5 year 22.5%. The asset under management as on 31st March, 2018 is 14066.47INR crores.

HDFC Mid-cap Opportunities Fund

The goal of the fund is to provide capital appreciation and generate income by investing in mid cap companies. The return on the fund overtime is 1 year 5.1%, 3 year 13.4% and 5 year 26.2%. The asset under management as on 31st March, 2018 is INR 17638.27 crores.

DSP Micro Cap Fund

The goal of this fund is to provide long term capital appreciation by investing in stocks of small cap companies. The return on the fund overtime is 1 year -8.1%, 3 year 11.3% and 5 year 30.3%. The asset under management as on 31st March, 2018 is INR 5400.17 crores.

Axis Long Term Equity Fund

The objective of this fund is to generate long term capital appreciation by investing in diverse equity related securities. The return on the fund overtime is 1 year 18.2%, 3 year 12.1% and 5 year 23.8%. The asset under management as on 31st March, 2018 is INR 14939.31 crores.

Other Best Mutual Fund Plans to Invest

ICICI Pru Focused Bluechip Fund

The objective of this fund is to generate long term capital appreciation and regular income from investing in stocks of large cap companies. The return on the fund overtime is 1 year 9.3%, 3 year 10% and 5 year 17%. The asset under management as on 31st March, 2018 is INR 12639.52 crores.

SBI Blue-chip Fund

The goal of the fund is to generate long term capital appreciation by investing in stocks of large cap companies. The return on the fund overtime is 1 year 6.1%, 3 year 9.1% and 5 year is 18.2%. The asset under management as on 31st March, 2018 is INR 13264.78 crores.

ICICI Pru Value Discovery Fund

The main objective of the fund is to generate regular income and capital appreciation by investing in well diverse portfolio of stocks. The return on the fund overtime is 1 year 6.7 %, 3 year 7.1% and 5 year 22.5%. The asset under management as on 31st March, 2018 is INR 14066.47 crores.

L & T Value Fund

The objective of this fund is to generate long term capital appreciation by investing in undervalued securities and also investing in international securities. The return on the fund overtime is 1 year 12%, 3 year 12.3% and 5 year is 23.6%. The asset under management as on 31st March, 2018 is INR 6510.58 crores.

Franklin Prima Plus Fund

The prime objective of this fund is to provide capital appreciation and regular income to investors by investing the fund money in securities and money market instruments. The return on the fund overtime is 1 year 6.3%, 3 year 8.4% and 5 year is 18.5%. The asset under management as on 31st March, 2018 is 9650.87 INR crores.

UTI Mid-cap Fund

The goal of this fund is to generate long term capital appreciation by investing in securities of mid cap companies. The return on the fund overtime is 1 year 2.9%, 3 year 8.5% and 5 year is 26.3%. The asset under management as on 31st March, 2018 is INR 3821.16 crores.

Franklin India Prima Fund

The main goal of this fund is to provide medium to long term capital appreciation. The other objective of this fund is to provide regular income. The return on the fund overtime is 1 year 4.6%, 3 year 11.3% and 5 year is 24.3%. The asset under management as on 31st March, 2018 is INR 5682.65 crores.

HDFC Mid-cap Opportunities Fund

The goal of this fund is to provide long term capital appreciation by investing in mid cap companies. The return on the fund overtime is 1 year 5.1%, 3 year 12.4% and 5 year is 26.2%. The asset under management as on 31st March, 2018 is INR 17638.27 crores.

DSP Micro Cap Fund

The main objective of this fund is to provide long term capital appreciation by investing in stocks of mid cap companies. The return on the fund overtime is 1 year -8.1%, 3 year 11.3% and 5 year is 30.3%. The asset under management as on 31st March, 2018 is INR 5400.17 crores.

SBI Small & Mid Cap

The goal of this fund is to provide investors with capital appreciation along with high liquidity. The investment strategy comprises of having a diverse portfolio of investments in stock of mid cap companies. The return on the fund overtime is 1 year 12.6 %, 2 year 22.1% and 5 year is 17.2%. The asset under management as on 31st March, 2018 is INR 695.12 crores.

Franklin Smaller Companies Fund

The main objective of the fund is to attain long term capital appreciation by investing mostly in small cap companies. The return on the fund overtime is 1 year 2.91 %, 3 year 13.47% and 5 year is 28.04%. The asset under management as on 30th June, 2018 is INR 5, 18,453.36 lakhs.

Birla SL Tax Plan

This fund’s objective to provide long term capital appreciation to it’s investors by predominately investing in equity and equity related investments. The return on the fund overtime is 1 year 12.3%, 3 year 12.2% and 5 year is 21.8%. The asset under management as on 31st March, 2018 is INR 623.17 crores.

Franklin Tax shield Fund

This is a tax saving mutual fund with the aim of providing medium to long term growth of capital for the investors. The return on the fund overtime is 1 year 7.5 %, 3 year 8.3 % and 5 year is 18.8 %. The asset under management as on 31st March, 2018 is INR 3118.09 crores.

Axis Long Term Equity Fund

The main aim is to generate long term growth of the capital by investing in equity related investments. The return on the fund overtime is 1 year 18.2%, 3 year 12.1% and 5 year is 23.8%. The asset under management as on 31st March, 2018 is INR 14939.31crores.

SBI Balanced Fund

The goal of this fund is to provide long term capital appreciation by investing in debt and equity related investment. The return on the fund overtime is 1 year 9.2%, 3 year 9.2% and 5 year is 17.3%. The asset under management as on 31st March, 2018 is INR 20013.35 crores.

HDFC Balanced Fund

The goal of this fund is to provide capital appreciation along with regular income by investing in equity and money market instruments. The return on the fund overtime is 1 year 7%, 3 year 10.8% and 5 year is 18.7%. The asset under management as on 31st March, 2018 is INR 16886.6 crores.

More Details of Trending MF Schemes in India under Each Category

Best large cap mutual funds schemes for 2018

SBI Bluechip – G

The basic investment objective of this fund is to provide long term capital growth by investing in stocks of large cap companies. The return on the fund overtime is 1 year 6.9%, 3 year 9.8% and 5 year is 18.3%. The asset under management as on 31st March, 2018 is INR 13264.78 crores.

Mirae Asset India Opportunities – Regular – G

The prime investment objective is to provide capital appreciation in the long term by investing in equity related securities. The return on the fund overtime is 1 year 9.6%, 3 year 13% and 5 year is 21.4%. The asset under management as on 31st March, 2018 is INR 4873.89 crores.

Kotak Select Focus – Regular – G

The investment objective is to generate long term capital growth by investing in equity related securities focussed on some specific sectors. The return on the fund overtime is 1 year 8.2%, 3 year 13.1% and 5 year is 21.4%. The asset under management as on 31st March, 2018 is INR 13158.76 crores.

Based on Performance Top Mutual Funds for 2018

Reliance Small-Cap Fund

The primary objective of this scheme is to generate long term capital growth by investing in equity related securities of small cap companies. The secondary objective is to generate regular income by investing in debt securities and money market instruments. The return on the fund overtime is 1 year 7.9%, 3 year 19.4% and 5 year is 35.1%. The asset under management as on 31st March, 2018 is INR 5565.14 crores.

Mirae Asset Emerging Bluechip Fund

The basic investment objective is to generate long term growth and income by investing in securities of large and mid-cap companies. The return on the fund overtime is 1 year 4.5%, 3 year 16.8% and 5 year is 30.6%. The asset under management as on 31st March, 2018 is INR 4371.48 crores.

Most Focused Multi-cap 35 Fund

  • HDFC Mid-Cap Opportunities Fund: The prime investment objective of this fund is to generate long term capital appreciation and income by investing in mid-cap companies. The return on the fund overtime is 1 year 6.5%, 3 year 14.5% and 5 year is 26.4%. The asset under management as on 31st March, 2018 is INR 17638.27 crores.

  • Mirae Asset India Opportunities Fund: The basic investment objective of this scheme is to generate long term capital appreciation by investing in equity and equity related securities. The return on the fund overtime is 1 year 9.6%, 3 year 13% and 5 year is 21.4%. The asset under management as on 31st March, 2018 is INR 4873.89 crores.

Reliance Tax Saver Fund

The basic investment objective for this scheme is to generate long term capital growth by investing in equity related securities and also provide tax rebate. The return on the fund overtime is 1 year -7.3%, 3 year 5.2% and 5 year is 20.1%. The asset under management as on 31st March, 2018 is INR 9729.27 crores.

Birla Sun life Tax Relief 96

This ELSS scheme investment objective is to provide long term capital appreciation by having an investment portfolio of 80% investment in equity related securities and 20% in debt and money market instruments. The return on the fund overtime is 1 year 13.4%, 3 year 13.5% and 5 year is 22.7%. The asset under management as on 31st March, 2018 is INR 4539.51 crores.

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