Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
ET Wealth
11,331.05-15.15
Stock Analysis, IPO, Mutual Funds, Bonds & More

Top 10 mutual funds to invest

Here is a list of top 10 mutual fund schemes handpicked by ET Mutual Funds.

ET Online|
Updated: Jul 17, 2019, 12.14 PM IST
0Comments
Untitled-2
Which are the top 10 mutual funds? Many mutual fund investors start their investment process with a similar question. Their search would mostly start online. In some cases, it would be a rhetorical query to friends or colleagues. What we are trying to say is that most investors want a ready-made list of schemes to start investing in mutual funds.

However, an online search would often take them to online sites which list mutual fund schemes based on their performance over a very short period. Sometimes, schemes from a single category may dominate the list because it is the flavour of the season. In short, most of these questions and searches may not yield any results. Even if one finds a list that looks appealing, the conviction to follow it up with real investments won't be there. No wonder, many investors keep wondering whether they picked up the right schemes even after investing in them for a few years.

That is why ETmutualfunds.com decided to put out a list of top 10 mutual fund schemes. We have chosen two schemes from five different categories - aggressive hybrid, large cap, mid cap, small cap and multi cap schemes – which we believe should be enough for regular mutual fund investors. Here is the list of schemes:

  • ICICI Prudential Equity & Debt Fund
  • Mirae Asset Hybrid Equity Fund
  • Axis Bluechip Fund
  • ICICI Prudential Bluechip Fund
  • L&T Midcap Fund
  • HDFC Mid-Cap Opportunities Fund
  • L&T Emerging Businesses Fund
  • HDFC Small Cap Fund
  • Motilal Oswal Multicap 35 Fund
  • Kotak Standard Multicap Fund

We believe that the list would be a good starting point to new investors looking to invest in mutual funds. Aggressive hybrid schemes (or erstwhile balanced schemes) are ideal for newcomers to equity investments. These schemes invest in a mix of equity (65-80 per cent) and debt (20-35). Because of this hybrid portfolio they are considered relatively less volatile than pure equity schemes that invest the entire corpus only in stocks. Aggressive hybrid schemes are the best investment vehicle for very conservative equity investors investors looking to create long-term wealth without much volatility.

Some equity investors want to play safe even while investing in stocks. Large cap schemes are meant for such individuals. These schemes invest in top 100 stocks and they are relatively safer than other pure equity mutual fund schemes. They are also relatively less volatile than mid cap and small cap schemes. In short, you should invest in large cap schemes if you are looking for modest returns with relative stability.

A regular investor (with a moderate risk appetite) looking to invest in the stock market need not look beyond mutli cap mutual funds or diversified equity schemes. These schemes invest across market capitalisations and sectors, based on the view of the fund manager. A regular investor can benefit from the uptrend in any of the sectors, categories of stocks by investing in these schemes.

What about aggressive investors looking to pocket extra returns by taking extra risk? Well, they can bet on mid cap and small cap schemes. Mid cap schemes invest mostly in medium-sized companies and small cap funds invest in smaller companies in terms of market capitalisation. These schemes can be volatile, but they also have the potential to offer superior returns over a long period. You can invest in these mutual fund categories if you have a long-term investment horizon and an appetite for higher risk.

Looking for mutual fund SIP portfolios to start investing to create wealth over a long period? Here are our recommended mutual fund SIP portfolios for three different risk profiles - conservative, moderate, aggressive - and three different basket of SIP investments. For more, read: Best mutual fund SIP portfolios to invest in 2019
0Comments
Scheme Name
NAV
AUM
(in Rs Cr)
Expense Ratio
Returns
3 M
6 M
1 Year
3 Year
211.8370
5576.95
1.96
-3.12
2.99
-0.16
8.70
133.8200
25616.79
1.73
-0.07
6.08
7.59
10.14
48.1304
7650.41
1.82
-0.46
5.51
2.95
9.80
41.5600
22117.05
1.83
-1.02
4.24
3.13
9.93
34.6770
8259.70
1.86
-2.41
2.28
-2.15
8.17
38.7325
22679.43
1.7
-0.25
6.27
1.54
7.47
51.6990
3385.23
2.04
-2.82
0.55
-6.39
8.04
24.9829
13450.26
1.86
-2.16
1.68
-6.50
9.58
29.3200
8849.88
2.03
-7.14
-3.47
-6.44
8.22
51.9420
7750.82
1.99
-1.70
4.27
7.62
14.20
Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for Live Elections News & Results, Latest News in Business, Share Market & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service