Top 10 Mutual Funds Investment in India

Updated on : Dec 17, 2019 5:43 PM
Top 10 Mutual Funds Investment in India

For a better future, it is wise to save and mutual funds are a good option to invest in because it is a type of financial vehicle made up of a pool of money collected from many investors to invest in stocks, bonds, money markets, instruments and other assets.  You can maximize returns and minimize risks when you take the help of a good investment advisor. The benefits of investing in mutual funds are that you get a diversified portfolio; you get exposure to a variety of shares and fixed income instruments. You can start with as low as INR 500 as your investment amount per month. You also get flexibility when you invest in mutual funds. You can either invest lumpsum or put in small amounts over some time through SIP. It reduces your tax liability as well. Before investing in mutual funds, you need to know the different fund types: debt, equity, balanced and hybrid. Debt funds are least risky, balanced or hybrid funds are moderately risky and equity funds involve the highest risk. However, the reward is directly proportional to the risk. Within this, there are many choices. There are large-cap equity funds which are less volatile and offer lower but stable returns. Mid-cap or small-cap equity funds fluctuate wildly but can give high returns in the long term. AMFI’s latest data shows that less than 1.5% of Indians invest in mutual funds, which mean that very few Indians are benefitting from investing in mutual funds. If you want to start investing your money wisely in mutual funds, it will benefit you immensely if you know the Top 10 mutual funds in India. 

The List of Top 10 Mutual Funds Investment in India are as follows:

1. SBI Bluechip Fund
2. Aditya Birla Sun Life Frontline Equity Fund
3. Kotak Standard Multicap Fund
4. Reliance Small Cap Fund
5. HDFC Small Cap Fund
6. L&T Midcap Fund
7. Axis Bluechip Fund
8. Mirae Asset Hybrid Equity Fund
9. HDFC Balanced Fund
10. Franklin India Focused Equity Fund
Ratings and Reviews
2.62
475 Votes
Description

It is an equity fund that has moderately high risk and the rate of return is 10.38% approximately. This scheme was launched on 14 February 2006 and it follows a large-cap asset allocation investment strategy. The minimum investment that is required is INR 5,000 and additional investment of INR 1,000 is allowed. This fund invests 80% in large-cap stocks that have good brand equity and will be possible market leaders in the future. It has a flexibility of about 20% in equities other than large caps or debt and money market instruments. It follows a blend of growth and value style of investing.

The NAV currently is INR 23.0944. This mutual fund can give you long term growth and is best suited for those who wish to benefit from the growth of top corporates of India. There is no exit load if you exit after a year since you start investing in this scheme. This fund has an experienced fund manager who is constantly seeking to outperform the benchmark as well as its competitors. 

Ratings and Reviews
2.33
238 Votes
Description

This fund was launched on August 31st 2002. The latest NAV is 228.03 and it is an open-ended fund type. The amount to invest is INR 2,000. The mode of investment is the monthly SIP. The returns for a 1 year period is 9.53%, for 3 years is 9.71%, for 5 years is 7.66% and 10 years is 11.22%. It is a large-cap fund and there is a moderately high risk. 

This fund is beneficial for investors who are looking for a long term capital growth, who are looking for investments in equity and equity-related securities, diversified across various industries in line with the benchmark index, Nifty 50 TRI. Income generation and distribution of dividend is another benefit of this scheme. The fund manager has 27 years of experience so you will be in safe hands. They invest in promising companies across industries and the focused exposure to large-cap stocks makes this fund best suited for investors in all market conditions. 

Ratings and Reviews
3.26
329 Votes
Description

This fund was launched on 11th September 2009. The NAV is 36.621. The annualized return is 12.94% for the last 3 years. The returns per year are 10.82%. The objective is to generate long-term capital appreciation from a portfolio of equity and equity-related securities, generally focused on a few selected sectors. 

This scheme has more than 70% of its exposure to large-sized companies and the remaining is dedicated to small-sized companies. This scheme follows a concentrated strategy at a sector level and diversifies its exposure to the stock. This scheme has beat its benchmark every time in the past 7 years because of that. It has delivered 13.3% and 21.7% in the past three and five year’s period. It is really easy to invest in this fund and there is no paperwork that is required as well. 

Ratings and Reviews
3.24
352 Votes
Description

This fund launched on 16th September 2010 and it is an open-ended equity scheme which was benchmarked against S and P BSE Small Cap Index. The primary objective of this scheme is to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of small companies. They also generate consistent returns by investing in debt and money market securities. The risk is moderately high in this scheme and is great for investors who are seeking long term capital growth, investment in equity and equity-related securities of small-cap companies. 

Reliance is a top performer in the fund category and gives an annualized return of 17.45% for a year and 21.62% for 3 years and 33.57% for a 5 year period, which is simply too good. Since the past 7 years, it has outperformed its benchmark and has held onto a three to four-star rating without a pause. It is one of the fastest-growing funds. 

Ratings and Reviews
2.84
345 Votes
Description

This fund was launched on It has its headquarters in India. It is a small-cap equity fund and the current NAV is 40.4990. The risk is moderately high. It is an open-end fund. It has a 4 rating on CRISIL. The expense ratio is 0.88%. It is a growth plan. The return in the last one year has been 6.18%, in the last 3 years has been 31.82% and 152.33% since its launch. The minimum SIP amount to invest in this scheme is INR 500. The scheme is benchmarked against IISL NIFTY Smallcap 100 TR INR. 

The scheme is ranked number 1 in the small-cap fund category by CRISIL for the quarter ending 30 September 2018 which is unchanged from the last quarter. This fund is performing well and has beaten its peers by a huge margin in the last 3-year horizon. It has managed the recent correction in the small-cap category really well. Whether it is short-term, long term, retirement and tax-saving, no matter what your goal, this fund has got you covered. 

Ratings and Reviews
2.53
115 Votes
Description

The NAV is 128.76 and the CRISIL rank is 3 stars. The expense ratio is 1.97%. It is an equity mid-cap fund and it is benchmarked against NIFTY Midcap 100 TRI. It is an open-ended fund. It was launched on August 09, 2004. The risk grade is below average. 

There are quite a lot of short-term capital gains made on the sale of units within 1 year of allotment and it is taxed at the rate of 15%. The long term capital gains that are the sale of units after 1 year attract tax at the rate of 10% over and above of INR 1 lakh of capital gains made. The risk profile is medium to high. They follow a disciplined approach to investment and risk management. 

There are different types of funds that these mutual funds companies have which are equity funds, fixed-income funds, hybrid funds and FMPs and Closed-ended funds. Investors who are looking to invest for at least 3-4 years and are looking for higher returns can invest in this fund. 

Ratings and Reviews
3.8
115 Votes
Description

It has an expense ratio of 1.85% and a NAV of 31.56. It has a Crisil rating of 5. It is an open-ended scheme that invests predominantly in large-cap stocks. It aims at achieving a long term capital appreciation by investing in a diversified portfolio that predominantly consists of equity and equity-related securities of lap cap companies including derivatives. 

These companies are less volatile and they trade frequently and hence they are liquid. They have a proven track record and they are capable enough to deliver long and consistent returns. It can beat inflation and create long term wealth for you. It helps you achieve your long term goals. 

Ratings and Reviews
0
0 Votes
Description

The NAV is 15.425 and the Crisil rank is 4. The expense ratio is 1.95%. The fund size is 3004.62 Cr. The fund is a moderately high risk. It is was launched on July 29th 2015. Their benchmark is CRISIL Hybrid 35+65 Aggressive. It is an open-ended fund and it is a hybrid aggressive fund. 

Their asset allocation is largely static(65% to 80% equity and equity-related instruments, 20%-35% debt and money market instruments and 0% to 10% units issued by REITs and InvITs. They have a diversified portfolio of strong growth companies at a reasonable price. You get flexibility to invest across any themes or investment styles with a tilt toward large-cap companies. 

The aim is to invest in equity and equity-related instruments to generate long term appreciation and wealth and provide tax saving under section 80C of the Income Tax Act. The investment horizon is 3 years. The fund managers are Mr. Neelesh Surana and Mr. Mahendra Jajoo. 

Ratings and Reviews
2.84
345 Votes
Description

The NAV is 26.394 and it is an aggressive hybrid fund. The expense ratio is 1.56%. Nifty 50 is the benchmark for the fund. It was founded on 11th September 2000. The minimum investment was INR 5,000. It is a balanced fund. 

The objective of this scheme is to generate capital income with current income from a combined portfolio of equity and debt instruments. The risk is moderately high.

It aims to provide long term capital appreciation from equity and debt investments and exhibit different risk-return profile and relatively low correlation to each other as compared to investments in the same asset class. 

Ratings and Reviews
0
0 Votes
Description

It is equity, a multi-cap fund that was launched on 26th July 2007. It has a benchmark of NIFTY 500 TRI. The risk is moderately high and it is open-ended. The NAV is 41.5796 and the Crisil rank is 3. The expense ratio is 1.82% and the risk is moderately high. 

The minimum SIP amount is 500 and the minimum investment amount for this scheme is 5,000. 

If it is sold one year after the date of purchase, then long term capital gain will be applicable. The current tax rate is 10% if your total long term gain exceeds 1 lakh. They do not include any surcharge or cess. 

This fund is great for saving tax and creating wealth over a long period of time. 

These mutual funds are amazing and will help you generate money in the long term.