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    Top-performing equity funds made big money on these stocks. Why can't you?

    Synopsis

    Retail investors are taking the safe route and putting money into the equity market through the mutual fund route in a very big way.

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    NEW DELHI: Retail investors are taking the safe route and putting money into the equity market through the mutual fund route in a big way.

    Strong investment flows to equity and short-maturity debt funds has lifted the average assets under management (AUM) of the Indian mutual fund industry in the quarter ended June 30 to a new record and above the Rs 14 lakh crore mark for the first time, Amfi data showed.

    At Rs 14.41 lakh crore, the average AUM beat the previous high of Rs 13.53 lakh crore logged in the previous quarter, which is 6.47 per cent or Rs 875.83 crore higher and also a record in terms of absolute gain over the same quarter a year ago. However, gilt and long maturity debt funds saw a drop in assets.

    On their part, the fund houses are leaving no stone unturned to grow wealth for their investors and largecap stocks such as HDFC Bank, SBI, Infosys, ICICI Bank, HDFC, L&T, ITC seem to be the stocks that figure among the large holdings of top 10 fund houses, according to data collated by ETMarkets.com.



    ETMarkets.com collated a list of top five holdings of equity schemes of top 10 best performing fund houses. The selection is based on maximum AUM:

    ICICI Prudential Mutual Fund
    One of the top performing schemes is ICICI Prudential Focused Blue Chip Equity Fund with over 20 per cent annualised return in the past three years.

    The fund's investment strategy is to invest in 20 large cap companies from the top 200 stocks listed on the NSE on the basis of market capitalisation. The current AUM is Rs 11,126 crore.



    HDFC Mutual Fund
    One of the top performing schemes of HDFC Mutual Fund is HDFC Top 200 Fund, which has a total AUM of Rs 12,410 crore. The scheme has given an annualised return of 17 per cent in the last three years.

    The scheme seeks capital appreciation and would invest up to 90 per cent in equity and the remaining in debt instruments. The stocks would be drawn from the companies in the BSE 200 Index as well as 200 largest capitalised companies in India.



    Reliance Mutual Fund
    One of the top performing schemes of Reliance Mutual Fund is Reliance Top 200 Fund, which has a total AUM of Rs 2,136 crore. The scheme has given an annualized return of 22 per cent in the last three years.

    The scheme will invest in equity or equity related instruments of companies whose market capitalisation is within the range of highest and lowest market-cap of the BSE200 index.



    Birla Sun Life Mutual Fund
    One of the top performing equity schemes of Birla Sun Life Mutual Fund is Birla Sun Life Top 100 Fund which has a total AUM of Rs 2,026 crore. The scheme has given an annualized return of 21 per cent in the last three years.

    The scheme seeks to provide medium to long-term capital appreciation, by investing predominantly in a diversified portfolio of equity and equity-related securities of top 100 companies as measured by market capitalization.



    SBI Mutual Fund
    One of the top performing equity schemes of SBI Mutual Fund is SBI Arbitrage Opportunities Fund which has a total AUM of Rs 1,109 crore. The scheme has given an annualized return of 8 per cent in the last three years.

    The scheme will invest 65 to 85 per cent of its assets in equities and equity derivatives and the rest in debt and money market instruments. It will invest in stocks and would offset its investment in stocks by simultaneous equivalent investment in equity derivatives.



    UTI Mutual Fund
    One of the top performing equity schemes of UTI Mutual Fund is UTI Wealth Builder Fund, which has a total AUM of Rs 391 crore. The scheme has given an annualized return of 10.42 per cent in the last three years.

    The scheme seeks to achieve long-term capital appreciation through investments in a diversified portfolio of equity and equity-related instruments along with Gold ETFs and debt/money market instruments.



    Franklin Templeton Mutual Fund
    One of the top performing equity schemes of Franklin Templeton Mutual Fund is Templeton India Growth Fund which has a total AUM of Rs 487 crore. The scheme has given an annualized return of 17 per cent in the last three years.

    The scheme seeks to provide long-term capital appreciation through investment primarily in equities and some portion in debt securities.



    Kotak Mahindra Mutual Fund
    One of the top performing equity schemes of Kotak Mahindra Mutual Fund is Kotak 50 - Direct Plan, which has a total AUM of Rs 1,301 crore. The scheme has given an annualized return of 19 per cent in the last three years.

    The scheme seeks capital appreciation, through investments in equities. The fund portfolio would generally comprise of around 50 companies which may go up to 59 companies.




    IDFC Mutual Fund
    One of the top performing equity schemes of IDFC Mutual Fund is IDFC Arbitrage Fund which has a total AUM of Rs 2,457 crore. The scheme has given an annualized return of 8.5 per cent in the last three years.

    The scheme aims to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.



    DSP BlackRock Mutual Fund
    One of the top performing equity schemes of DSP BlackRock Mutual Fund is DSP BlackRock Micro Cap Fund which has a total AUM of Rs 2,776 crore. The scheme has given an annualized return of 48 per cent in the last three years.

    The aim of the fund is to seek long-term capital appreciation by investing in a portfolio that is substantially constitutes of stocks that are not part of the top 300 companies by market capitalisation.

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    26 Comments on this Story

    Felix Ignatius1657 days ago
    Report is ok. But any recommendation comes only when the market is up.
    Jay K1659 days ago
    Funds, are managed by professionals, and those professionals do not allow emotions in the picture ... , take loss, and move on, or take profit, and not worry about how high stock may go .. they do the best to deliver on their goals . without emotions. Also, since 2009, besides minor corrections, markets have been up / stable ..
    Shankar Narayan Sarma1659 days ago
    It seems this article give any guidance to investors. If you are talking about mutual funds. At least he should give some guidance on pros & cons of the investment in mutual funds. Now the investors cannot follow the authors because there is no proper advice. Investors should take risk if they are investing on the basis of the article.
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