Here is the much-awaited article on the best mutual funds to invest in India. Investors must be waiting for new year to give much better returns than what the last few years have given so the below list of mutual funds will help in selecting the winners. Data Updated up to: 10 June 2020.
I have tried to cover most of the categories you would be interested in – namely best equity diversified mutual funds, best debt mutual funds and best tax planning mutual funds.
It is impossible to do coverage on each and every fund listed below so I will only rummage through the categories and some of their best performers. Let me know what you feel about this article and the infographic as well.
If you have any questions on which funds to choose depending on your profile, please use the comments section for asking your question. Note that all data is as of 10 June 2020.
Best Mutual Funds to Invest in India in Equity Diversified category
A fund is said to be equity diversified if it has more than 65% of its corpus in equity. Within the equity diversified category, there are the following four categories that funds are further divided into. The below listing shows the best funds from all the four categories.
Best LargeCap funds – These are funds with more than 80% of assets in large cap companies in last 3 years. DSPBR Top 100 Equity and Franklin India Bluechip rule the roost here. The other ones giving stellar returns are UTI Mastershare, ICICI Prudential Top 100 and SBI Magnum Equity.
Every investor must have large cap funds in his or her portfolio as they add stability to the portfolio so make sure you pick the ones that fits your needs.
| Scheme Name | NAV | Corpus (in Crs) |
Min. Investments |
Investment | 1 Month | 3 Months | 6 Months | 1 Year | 2 Year | 3 Year | 5 Year |
| AXIS Bluechip Fund (G) | 28.05 | 13003.39 | 5,000 | REGULAR | 4.78 | -7.73 | -10.95 | -5.61 | 2.30 | 7.43 | 8.65 |
| Canara Robeco Bluechip Equity Fund (G) | 24.59 | 457.39 | 5,000 | REGULAR | 6.96 | -2.92 | -8.11 | -3.05 | 2.81 | 5.31 | 7.93 |
| Mirae Asset Large Cap Fund (G) | 44.86 | 15347.16 | 5,000 | REGULAR | 8.04 | -5.63 | -15.76 | -13.90 | -2.43 | 1.61 | 7.66 |
| ICICI Pru Bluechip Fund (G) | 37.47 | 21820.93 | 100 | REGULAR | 9.63 | -2.93 | -13.86 | -12.92 | -3.65 | 1.16 | 5.88 |
| Indiabulls Bluechip Fund (G) | 18.04 | 127.95 | 500 | REGULAR | 5.37 | -8.38 | -18.67 | -16.97 | -5.25 | -1.07 | 5.78 |
| HSBC Large Cap Equity Fund (G) | 189.60 | 549.76 | 5,000 | REGULAR | 7.62 | -4.44 | -14.95 | -11.28 | -3.50 | 0.66 | 5.75 |
| BNP Paribas Large Cap Fund (G) | 85.16 | 747.93 | 5,000 | REGULAR | 6.69 | -3.37 | -11.12 | -6.83 | 0.91 | 1.87 | 5.35 |
| Essel Large Cap Equity Fund (G) | 20.13 | 76.44 | 1,000 | REGULAR | 7.69 | -5.42 | -15.08 | -14.47 | -5.10 | -2.07 | 5.15 |
| Kotak Bluechip Fund (G) | 212.07 | 1406.16 | 1,000 | REGULAR | 7.94 | -4.61 | -14.67 | -10.87 | -2.52 | 0.59 | 5.03 |
| SBI BlueChip Fund (G) | 34.54 | 19785.45 | 5,000 | REGULAR | 8.19 | -5.64 | -15.27 | -14.52 | -5.17 | -0.85 | 4.93 |
Best Large & MidCap Funds – Funds with 60%-80% of assets in large cap companies in last 3 years are defined as Large & MidCap. While HDFC Top 200 has been a favorite for a long time now, the others like ICICI Prudential Dynamic Plan and UTI Opportunities have also been good performers.
| Scheme Name | NAV | Corpus (in Crs) |
Min. Investments |
Investment | 1 Month | 3 Months | 6 Months | 1 Year | 2 Year | 3 Year | 5 Year |
| Quant Large and Mid Cap Fund (G) | 37.40 | 3.92 | 100 | REGULAR | 6.31 | 7.82 | -0.10 | 2.09 | 0.68 | 0.68 | 9.13 |
| Canara Robeco Emerging Equities (G) | 85.89 | 4790.37 | 5,000 | REGULAR | 7.59 | -8.28 | -9.86 | -9.36 | -4.11 | 0.16 | 8.91 |
| Principal Emerging Bluechip Fund (G) | 93.54 | 1822.03 | 5,000 | REGULAR | 6.54 | -8.09 | -11.49 | -10.25 | -6.68 | -0.85 | 7.41 |
| LIC MF Large & Mid Cap Fund – Regular (G) | 13.46 | 594.43 | 5,000 | REGULAR | 6.63 | -11.16 | -15.16 | -10.04 | -3.77 | -0.35 | 7.17 |
| Kotak Equity Opportunities (G) | 110.43 | 3009.46 | 5,000 | REGULAR | 7.78 | -6.06 | -11.91 | -9.13 | -1.75 | 0.56 | 6.97 |
| DSP Equity Opportunities Fund (G) | 196.78 | 4343.12 | 500 | REGULAR | 8.45 | -8.04 | -14.67 | -11.17 | -4.41 | -0.64 | 6.85 |
| Sundaram Large and Mid Cap Fund (G) | 29.55 | 1012.99 | 100 | REGULAR | 9.13 | -11.97 | -18.56 | -15.66 | -5.73 | 0.32 | 6.44 |
| Invesco India Growth Opportunities Fund (G) | 30.78 | 2285.05 | 1,000 | REGULAR | 7.10 | -7.04 | -14.14 | -10.34 | -3.69 | 2.57 | 6.29 |
| Tata Large & Mid Cap Fund – Regular (G) | 185.43 | 1397.41 | 5,000 | REGULAR | 6.37 | -6.07 | -14.02 | -10.90 | -1.64 | 0.50 | 5.36 |
| Edelweiss Large & Mid Cap Fund (G) | 27.96 | 443.41 | 5,000 | REGULAR | 5.28 | -9.46 | -13.59 | -11.87 | -4.02 | 1.05 | 5.22 |
| SBI Large & Midcap Fund (G) | 192.35 | 2455.35 | 5,000 | REGULAR | 10.19 | -9.71 | -14.41 | -13.33 | -4.82 | -0.37 | 5.06 |
| Aditya Birla SL Equity Advantage Fund (G) | 347.08 | 3792.67 | 1,000 | REGULAR | 6.37 | -11.45 | -16.80 | -15.82 | -8.40 | -4.65 | 4.28 |
Best MultiCap Funds – MultiCap funds are funds with 40%-60% of assets in large cap companies in last 3 years. HDFC Equity and DSBPR Equity have been very popular with investors and so has Reliance Regular Savings Equity.
| Scheme Name | NAV | Corpus (in Crs) |
Min. Investments |
Investment | 1 Month | 3 Months | 6 Months | 1 Year | 2 Year | 3 Year | 5 Year |
| Parag Parikh Long Term Equity Fund (G) | 26.27 | 2925.43 | 1,000 | REGULAR | 12.12 | 5.19 | 0.02 | 5.44 | 4.94 | 8.30 | 10.05 |
| Quant Active Fund (G) | 171.11 | 8.96 | 100 | REGULAR | 6.56 | 2.81 | -8.01 | -7.26 | -1.59 | 3.29 | 7.68 |
| Kotak Standard Multicap Fund (G) | 31.27 | 25984.20 | 5,000 | REGULAR | 8.52 | -6.15 | -14.90 | -13.97 | -2.82 | 0.48 | 7.34 |
| DSP Equity Fund (G) | 36.99 | 3109.53 | 500 | REGULAR | 8.02 | -10.22 | -11.80 | -7.60 | -0.92 | 2.17 | 7.26 |
| Canara Robeco Equity Diversified Fund (G) | 127.53 | 1922.52 | 5,000 | REGULAR | 6.37 | -5.47 | -8.59 | -6.89 | 0.78 | 4.14 | 7.00 |
| Aditya Birla SL Equity Fund (G) | 632.51 | 9648.37 | 100 | REGULAR | 8.04 | -8.12 | -15.34 | -13.19 | -5.55 | -1.25 | 6.62 |
| JM Multicap Fund (G) | 29.04 | 118.78 | 5,000 | REGULAR | 9.05 | -10.71 | -14.69 | -7.76 | -3.01 | -0.15 | 6.55 |
| UTI-Equity Fund (G) | 133.36 | 9192.73 | 5,000 | REGULAR | 8.37 | -8.80 | -9.80 | -6.84 | -1.66 | 3.70 | 6.45 |
| SBI Magnum Multicap Fund (G) | 42.36 | 7912.14 | 1,000 | REGULAR | 8.58 | -9.03 | -15.42 | -15.56 | -5.29 | -0.56 | 6.34 |
| Principal Multi Cap Growth Fund – (G) | 120.12 | 581.82 | 5,000 | REGULAR | 6.37 | -8.21 | -15.31 | -16.43 | -8.41 | -2.52 | 5.86 |
| PGIM India Diversified Equity Fund (G) | 12.78 | 134.53 | 100 | REGULAR | 8.95 | -0.08 | -5.68 | -5.98 | -1.41 | 0.37 | 5.86 |
| Motilal Oswal Multicap 35 Fund (G) | 22.18 | 10236.93 | 500 | REGULAR | 8.31 | -10.39 | -15.97 | -16.77 | -8.24 | -3.19 | 5.70 |
| Edelweiss Multi-Cap Fund (G) | 12.40 | 488.67 | 5,000 | REGULAR | 5.56 | -10.52 | -16.18 | -16.90 | -5.85 | -0.21 | 5.50 |
| ICICI Pru Multicap Fund – (G) | 244.72 | 4859.60 | 5,000 | REGULAR | 11.07 | -5.21 | -16.06 | -17.62 | -5.72 | -1.35 | 4.87 |
Best MidCap Funds – Funds with at least 60% of assets in small and mid cap companies in the last 3 years fall in the Mid & SmallCap category. These funds tend to be very volatile and risky but might end up giving huge returns to investors. HDFC MidCap Opportunties is a well known fund in this category as are the others.
| Scheme Name | NAV | Corpus (in Crs) |
Min. Investments |
Investment | 1 Month | 3 Months | 6 Months | 1 Year | 2 Year | 3 Year | 5 Year |
| DSP Midcap Fund (G) | 51.92 | 6497.60 | 500 | REGULAR | 7.44 | -7.87 | -7.44 | -4.53 | -3.01 | -0.34 | 8.92 |
| AXIS Midcap Fund (G) | 36.77 | 5156.50 | 5,000 | REGULAR | 5.57 | -5.62 | -6.25 | -0.08 | 2.48 | 7.87 | 8.43 |
| Taurus Discovery (Midcap) Fund (G) | 40.79 | 45.22 | 5,000 | REGULAR | 6.25 | -5.43 | -4.50 | -4.86 | -4.60 | 0.75 | 6.89 |
| L&T Midcap Fund (G) | 114.80 | 5325.58 | 5,000 | REGULAR | 6.75 | -9.37 | -11.55 | -12.59 | -9.65 | -3.88 | 6.82 |
| Kotak Emerging Equity Fund (G) | 34.46 | 5871.45 | 5,000 | REGULAR | 9.13 | -11.28 | -13.35 | -11.57 | -6.62 | -2.00 | 6.73 |
| Invesco India Midcap Fund (G) | 45.83 | 755.57 | 1,000 | REGULAR | 9.43 | -8.43 | -6.87 | -5.50 | -2.17 | 1.78 | 6.48 |
| Tata Mid Cap Growth Fund – (G) | 125.78 | 708.74 | 5,000 | REGULAR | 8.30 | -8.88 | -9.57 | -9.42 | -2.88 | -0.53 | 5.12 |
| BNP Paribas Mid Cap Fund (G) | 29.40 | 623.58 | 5,000 | REGULAR | 8.63 | -6.55 | -8.25 | -9.20 | -5.33 | -3.10 | 4.77 |
| Nippon India Growth Fund – (G) | 967.57 | 5701.26 | 100 | REGULAR | 8.89 | -12.49 | -13.21 | -14.30 | -6.43 | -1.92 | 4.75 |
| Edelweiss Mid Cap Fund (G) | 23.34 | 796.09 | 5,000 | REGULAR | 5.41 | -10.57 | -11.23 | -12.95 | -8.66 | -2.53 | 4.68 |
| HDFC Mid-Cap Opportunities Fund (G) | 45.42 | 18024.91 | 5,000 | REGULAR | 8.90 | -10.58 | -13.43 | -16.77 | -10.49 | -4.51 | 4.63 |
| Franklin India Prima Fund – (G) | 800.69 | 6060.75 | 5,000 | REGULAR | 9.59 | -10.02 | -15.73 | -16.56 | -9.38 | -3.90 | 4.51 |
| PGIM India Midcap Opportunities Fund (G) | 17.48 | 146.36 | 5,000 | REGULAR | 10.21 | -3.80 | -0.96 | -3.56 | -5.84 | -2.96 | 3.68 |
Best SmallCap Funds
| Scheme Name | NAV | Corpus (in Crs) |
Min. Investments |
Investment | 1 Month | 3 Months | 6 Months | 1 Year | 2 Year | 3 Year | 5 Year |
| SBI Small Cap Fund (G) | 47.07 | 3280.30 | 5,000 | REGULAR | 8.70 | -10.15 | -11.27 | -9.84 | -6.45 | 2.85 | 10.50 |
| AXIS Small Cap Fund (G) | 27.34 | 2123.57 | 5,000 | REGULAR | 6.17 | -14.83 | -12.29 | -6.57 | 0.18 | 3.01 | 8.17 |
| Nippon India Small Cap Fund (G) | 32.98 | 6994.88 | 5,000 | REGULAR | 10.00 | -9.38 | -11.95 | -18.23 | -12.48 | -4.46 | 7.74 |
| HDFC Small Cap Fund (G) | 30.85 | 6593.65 | 5,000 | REGULAR | 11.15 | -12.41 | -18.18 | -28.56 | -17.71 | -5.65 | 4.69 |
| Kotak Small Cap Fund (G) | 61.76 | 1242.41 | 5,000 | REGULAR | 11.23 | -13.40 | -13.40 | -13.99 | -10.54 | -5.75 | 4.49 |
| DSP Small Cap Fund (G) | 46.57 | 3891.12 | 500 | REGULAR | 11.74 | -11.30 | -9.29 | -16.54 | -12.51 | -9.03 | 4.13 |
| Aditya Birla SL Small Cap Fund (G) | 23.94 | 1619.34 | 1,000 | REGULAR | 10.47 | -14.52 | -19.60 | -30.59 | -22.77 | -13.86 | 0.88 |
| Franklin India Smaller Companies Fund (G) | 38.53 | 4900.37 | 5,000 | REGULAR | 8.55 | -15.95 | -20.67 | -29.03 | -19.14 | -10.98 | 0.86 |
| Union Small Cap Fund (G) | 12.19 | 281.41 | 5,000 | REGULAR | 6.09 | -12.11 | -10.76 | -10.35 | -10.74 | -5.81 | 0.63 |
| HSBC Small Cap Equity Fund (G) | 37.27 | 262.55 | 5,000 | REGULAR | 11.76 | -11.05 | -12.36 | -24.35 | -19.12 | -10.67 | 0.31 |
| BOI AXA Small Cap Fund (G) | 10.22 | 51.57 | 5,000 | REGULAR | 5.91 | -7.93 | 0.69 | -3.74 | 0.00 | 0.00 | 0.00 |
| Canara Robeco Small Cap Fund – Regular (G) | 8.86 | 345.87 | 5,000 | REGULAR | 9.38 | -9.87 | -5.04 | -12.95 | 0.00 | 0.00 | 0.00 |
| Edelweiss Small Cap Fund – Regular (G) | 9.87 | 423.25 | 5,000 | REGULAR | 7.04 | -10.73 | -7.75 | -12.83 | 0.00 | 0.00 | 0.00 |
| IDBI Small Cap Fund (G) | 7.36 | 97.02 | 5,000 | REGULAR | 6.82 | -14.02 | -15.98 | -22.20 | -15.67 | 0.00 | 0.00 |
| IDFC Emerging Businesses Fund (G) | 9.83 | 509.00 | 5,000 | REGULAR | 9.47 | 0.72 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Best Mutual Funds – Value Fund Category
| Scheme Name | NAV | Corpus (in Crs) |
Min. Investments |
Investment | 1 Month | 3 Months | 6 Months | 1 Year | 2 Year | 3 Year | 5 Year |
| Tata Equity P/E Fund – (G) | 117.15 | 3997.47 | 5,000 | REGULAR | 7.98 | -1.59 | -14.20 | -13.48 | -8.18 | -2.03 | 6.55 |
| JM Value Fund (G) | 27.45 | 94.94 | 5,000 | REGULAR | 10.47 | -10.84 | -16.36 | -14.68 | -6.81 | -2.68 | 5.58 |
| L&T India Value Fund (G) | 29.61 | 5587.22 | 5,000 | REGULAR | 7.86 | -8.27 | -16.44 | -18.20 | -9.80 | -5.00 | 5.26 |
| Nippon India Value Fund (G) | 61.96 | 2463.00 | 500 | REGULAR | 9.19 | -7.46 | -15.59 | -17.43 | -7.55 | -1.78 | 4.20 |
| HDFC Capital Builder Value Fund – (G) | 232.01 | 3356.03 | 5,000 | REGULAR | 9.32 | -4.90 | -17.40 | -21.66 | -10.75 | -3.34 | 3.81 |
| UTI-Value Opportunities Fund (G) | 55.69 | 3762.93 | 5,000 | REGULAR | 10.07 | -5.64 | -11.55 | -9.44 | -3.68 | 1.02 | 3.76 |
| ICICI Pru Value Discovery Fund (G) | 133.27 | 13595.49 | 1,000 | REGULAR | 13.02 | 6.13 | -4.60 | -8.28 | -3.89 | -0.37 | 3.64 |
| Templeton India Value Fund – (G) | 192.77 | 364.34 | 5,000 | REGULAR | 12.96 | -5.25 | -18.68 | -23.69 | -14.32 | -7.57 | 1.66 |
| Aditya Birla SL Pure Value Fund (G) | 38.22 | 3145.57 | 1,000 | REGULAR | 8.20 | -5.34 | -16.03 | -25.11 | -19.70 | -10.80 | 1.58 |
| IDFC Sterling Value Fund (G) | 36.29 | 2176.40 | 5,000 | REGULAR | 12.08 | -15.53 | -22.22 | -29.06 | -18.60 | -9.48 | 0.93 |
| IDBI Long Term Value Fund – Regular (G) | 8.83 | 94.09 | 5,000 | REGULAR | 6.90 | -7.15 | -13.43 | -16.18 | 0.00 | 0.00 | 0.00 |
| Indiabulls Value Fund (G) | 10.00 | 14.65 | 500 | REGULAR | 6.79 | -4.40 | -13.52 | -15.88 | -11.92 | -9.38 | 0.00 |
| Quantum Long Term Equity Value Fund – Regular (G) | 43.35 | 650.80 | 500 | REGULAR | 8.67 | -3.47 | -16.75 | -21.89 | -9.33 | -4.69 | 0.00 |
| Union Value Discovery Fund (G) | 9.38 | 108.23 | 5,000 | REGULAR | 10.22 | 1.30 | -11.01 | -12.16 | 0.00 | 0.00 | 0.00 |
Best Mutual Funds to invest in India in Balanced category
Balanced funds are those which in the last one year have average equity exposure over greater than 60%. These are a big favourite among investors as they tend to balance between equity and debt well. HDFC Prudence and HDFC Balanced have been investor’s favourite picks for sometime now.
| Scheme Name | NAV | Corpus (in Crs) |
Min. Investments |
Investment | 1 Month | 3 Months | 6 Months | 1 Year | 2 Year | 3 Year | 5 Year |
| Canara Robeco Equity Hybrid Fund (G) | 158.06 | 2884.46 | 5,000 | REGULAR | 4.90 | -3.18 | -4.86 | -1.98 | 3.07 | 4.55 | 7.97 |
| DSP Equity & Bond Fund – (G) | 148.72 | 5405.51 | 500 | REGULAR | 6.55 | -6.81 | -7.60 | -3.57 | 1.15 | 2.40 | 7.36 |
| SBI Equity Hybrid Fund (G) | 130.43 | 29105.88 | 1,000 | REGULAR | 6.54 | -6.03 | -8.99 | -5.52 | 1.51 | 4.59 | 7.22 |
| Principal Hybrid Equity Fund – (G) | 68.69 | 1087.56 | 5,000 | REGULAR | 5.22 | -3.94 | -9.80 | -10.40 | -4.76 | 0.92 | 7.12 |
| ICICI Pru Equity & Debt Fund – (G) | 122.68 | 17696.29 | 5,000 | REGULAR | 9.22 | -0.54 | -10.10 | -9.65 | -1.56 | 1.22 | 6.65 |
| Sundaram Equity Hybrid Fund – (G) | 85.20 | 1548.77 | 100 | REGULAR | 5.09 | -5.35 | -10.49 | -7.25 | -0.40 | 2.90 | 6.38 |
| Quant Absolute Fund (G) | 127.59 | 1.75 | 100 | REGULAR | 5.45 | -0.64 | -8.21 | -8.31 | -0.13 | 1.73 | 5.51 |
| HDFC Hybrid Equity Fund (G) | 47.62 | 15747.42 | 5,000 | REGULAR | 6.43 | -4.78 | -12.48 | -12.89 | -3.60 | -0.52 | 5.47 |
| L&T Hybrid Equity Fund (G) | 24.00 | 5642.14 | 5,000 | REGULAR | 5.34 | -4.17 | -10.51 | -9.62 | -4.38 | -1.08 | 5.09 |
| Kotak Equity Hybrid Fund (G) | 23.07 | 1132.20 | 5,000 | REGULAR | 7.48 | -5.98 | -11.83 | -9.09 | -2.08 | -0.47 | 5.04 |
| Edelweiss Aggressive Hybrid Fund – Plan A (G) | 23.80 | 12.39 | 5,000 | REGULAR | 6.77 | -4.49 | -10.19 | -7.30 | -1.35 | 1.74 | 5.04 |
| Franklin India Equity Hybrid Fund – (G) | 109.95 | 1374.53 | 5,000 | REGULAR | 8.02 | -4.31 | -10.34 | -9.34 | -2.82 | 0.36 | 4.62 |
Best Mutual Funds to invest in 2013 in India in Tax Planning category
| Scheme Name | NAV | Corpus (in Crs) |
Min. Investments |
Investment | 1 Month | 3 Months | 6 Months | 1 Year | 2 Year | 3 Year | 5 Year |
| Quant Tax Plan-(G) | 85.41 | 8.83 | 100 | REGULAR | 6.47 | 2.03 | -8.88 | -9.65 | -2.61 | 0.18 | 8.10 |
| AXIS Long Term Equity Fund (G) | 42.62 | 19126.58 | 500 | REGULAR | 6.21 | -10.08 | -10.97 | -7.21 | -1.07 | 4.74 | 7.71 |
| Motilal Oswal Long Term Equity Fund (G) | 15.01 | 1411.09 | 500 | REGULAR | 7.24 | -14.41 | -18.63 | -13.04 | -8.43 | -2.53 | 7.37 |
| DSP Tax Saver Fund (G) | 43.28 | 5358.60 | 500 | REGULAR | 8.03 | -6.28 | -14.52 | -11.39 | -2.57 | 0.18 | 7.01 |
| Tata India Tax Savings Fund (G) | 15.82 | 1718.80 | 500 | REGULAR | 6.57 | -7.50 | -16.62 | -15.10 | -4.59 | -0.26 | 7.01 |
| Canara Robeco Equity Tax Saver Fund (G) | 61.49 | 928.77 | 500 | REGULAR | 4.90 | -6.45 | -8.10 | -8.50 | 1.19 | 3.87 | 6.67 |
| Aditya Birla SL Tax Relief ’96 (G) | 28.38 | 9176.96 | 500 | REGULAR | 4.99 | -5.93 | -10.92 | -9.23 | -5.10 | 1.40 | 6.67 |
| BOI AXA Tax Advantage Fund (G) | 50.32 | 256.44 | 500 | REGULAR | 2.92 | -7.48 | -7.21 | -2.24 | -4.62 | 2.76 | 6.59 |
| Invesco India Tax Plan (G) | 46.79 | 916.43 | 500 | REGULAR | 6.66 | -6.35 | -11.55 | -9.16 | -3.51 | 2.50 | 6.27 |
| Principal Tax Savings Fund | 177.80 | 344.46 | 500 | REGULAR | 8.56 | -3.93 | -12.89 | -15.57 | -8.12 | -2.34 | 5.95 |
| Kotak Tax Saver Fund (G) | 39.68 | 1029.52 | 500 | REGULAR | 7.74 | -7.09 | -13.75 | -12.43 | -1.40 | 0.11 | 5.88 |
| Taurus Tax Shield (G) | 69.30 | 56.71 | 500 | REGULAR | 5.59 | -6.08 | -13.21 | -12.93 | -5.06 | 0.57 | 5.86 |
| JM Tax Gain Fund (G) | 15.09 | 31.80 | 500 | REGULAR | 10.89 | -12.24 | -15.84 | -13.28 | -4.53 | -0.11 | 5.78 |
| ICICI Pru Long Term Equity Fund – (G) | 329.48 | 5564.95 | 500 | REGULAR | 10.94 | -3.24 | -13.39 | -14.24 | -3.88 | 0.50 | 5.02 |
Best Mutual Funds to invest in 2013 in India in Debt category
My observation is that this is the category where most of the investors do no pick any mutual funds. As a result, their portfolio becomes very volatile as they are loaded with equity diversified mutual funds. To balance the portfolio, ensure that you pick a debt mutual fund which aligns to your goal based investing strategies. Also make sure that you understand where do debt mutual funds invest before you pick one up.
| Scheme Name | NAV | Corpus (in Crs) |
Min. Investments |
Investment | Average Maturity (Days) |
1 Day | 1 Week | 2 Weeks | 1 Month | 3 Months | 6 Months | 1 Year |
| DSP Strategic Bond Fund – Reg (G) | 2539.91 | 1476.90 | 500 | REGULAR | 3062 | 0.17 | 0.27 | 0.03 | 0.59 | 3.15 | 9.83 | 20.02 |
| IDFC Dynamic Bond Fund – Regular (G) | 26.24 | 2030.79 | 5,000 | REGULAR | 3314 | 0.18 | 0.38 | 0.15 | 0.80 | 3.78 | 9.78 | 14.53 |
| Mirae Asset Dynamic Bond Fund – Regular (G) | 12.92 | 65.63 | 5,000 | REGULAR | 2186 | 0.11 | 0.16 | 0.09 | 0.31 | 3.33 | 8.20 | 14.12 |
| SBI Dynamic Bond Fund (G) | 26.93 | 1352.43 | 5,000 | REGULAR | 3880 | 0.17 | 0.36 | 0.10 | 0.57 | 2.72 | 8.20 | 14.00 |
| AXIS Dynamic Bond Fund (G) | 21.87 | 550.57 | 5,000 | REGULAR | 3468 | 0.06 | 0.30 | 0.07 | 0.92 | 1.88 | 7.70 | 12.08 |
| ICICI Pru All Seasons Bond Fund – Regular (G) | 26.41 | 3014.13 | 5,000 | REGULAR | 4814 | 0.08 | -0.06 | -0.01 | 1.18 | 2.36 | 7.27 | 11.81 |
| Union Dynamic Bond Fund (G) | 18.20 | 134.86 | 5,000 | REGULAR | 2650 | 0.05 | 0.29 | 0.03 | 0.58 | 2.34 | 7.10 | 11.71 |
| Quantum Dynamic Bond Fund – Regular (G) | 15.73 | 63.49 | 500 | REGULAR | 1372 | 0.04 | 0.08 | 0.16 | 0.21 | 1.75 | 7.63 | 11.43 |
| L&T Flexi Bond Fund (G) | 22.70 | 59.62 | 10,000 | REGULAR | 2843 | 0.10 | 0.25 | 0.05 | 0.72 | 2.93 | 6.91 | 11.19 |
| Kotak Dynamic Bond Fund – Regular (G) | 27.57 | 1219.95 | 5,000 | REGULAR | 2135 | 0.11 | 0.26 | 0.17 | 1.25 | 2.41 | 5.93 | 10.69 |
| PGIM India Dynamic Bond Fund (G) | 2022.72 | 55.23 | 5,000 | REGULAR | 3289 | 0.17 | 0.23 | 0.13 | 0.60 | 1.48 | 6.28 | 10.65 |
| Canara Robeco Dynamic Bond Fund (G) | 23.34 | 107.44 | 5,000 | REGULAR | 3657 | 0.09 | 0.22 | -0.01 | 0.55 | 2.67 | 6.88 | 10.42 |
| Nippon India Dynamic Bond Fund (G) | 27.89 | 733.96 | 5,000 | REGULAR | 3154 | 0.06 | 0.12 | -0.02 | 0.07 | 3.07 | 7.34 | 10.40 |
| HSBC Flexi Debt Fund (G) | 27.38 | 88.95 | 5,000 | REGULAR | 1449 | 0.14 | 0.23 | 0.11 | 0.90 | 1.28 | 5.53 | 10.06 |
| BNP Paribas Flexi Debt Fund (G) | 35.31 | 116.10 | 1,000 | REGULAR | 1865 | 0.10 | 0.26 | 0.03 | 0.43 | 2.37 | 7.07 | 10.03 |
Also ensure that you move out and in mutual funds in a systematic manner and not pull out all your money in one go when you want to sell and invest.I must quickly add that when you choose from the best mutual funds to invest in 2013 in India, it in the best interest of investors to go for the systematic investment planning route of mutual funds while investing in the stock markets. You must avoid the lump sum and one time route unless until it is used for the systematic transfer plan where in you want to park money in liquid mutual funds and then move them to equity diversified funds.
Hope you are part of the best mutual funds to invest in 2020 in India. Let me know whether you loved it and is yes, kindly share with your friends.
Excellent Analysis. Must read for everyone.
Makes life very easy. Glad few of my funds are in the list.
Which ones aren’t ?
Nice catchy title! Many of these funds have good track records during both market ups and downs. So they would have made the list in 2012 or 2011. Its a good list for beginners.
Thanks Pattu.
Hi Radhey,
38 out of 39 MF’s are showing less than 10% returns over 5 years timeframe.
The returns seem less when compared with Bank Fixed Deposit’s returns as well.
In today’s scenario, Markets are also near the upper end.
The returns would appear even less if the market goes back 15 or 16000 level.
Would you reckon to enter in MF’s at specific levels & timing when valuation is reasonable or fair?
Would you advise to exit from the funds at saturation point go back to traditional instruments like FD’s & re-enter back in funds when valuation becomes fair or economical again?
Best Regards, Kaustubh
Kautubh, kindly read goal based investing concepts – https://www.thewealthwisher.com/2010/10/07/setting-financial-planning-goals-or-goal-based-investing/
One cannot invest in MF depending on where the market is going and what they returned – invest for a goal and move out of funds that do not perform well. Use a mix of debt and equity Mfs both.
So if equity Mfs seems to return less in the last 5 years, why get worried as you are investing in such MFs only for your long term goals (say more than 5 years). If your goals are nearer, then one should have gone for debt MFs where capital preservation is more important than rate of return.
Doe this make sense ?
I liked it. I have retired at age of 58 this month and having Rs 7000/month lic pension and investible fund Rs 30 lakh. have got assignment for 2 years on Rs 7.5 lakh/annum and looking for income of Rs 30 to 35000/month from 2015 march pl suggest the route of investment
rehards
harendra singh
Very helpful for me…
But what is core & satellite approach for selecting a mutual fund?
…and why you have not picked any index or thematic fund?
Will do an article on this.
Read more in index funds at – https://www.thewealthwisher.com/2012/05/08/should-i-invest-in-index-funds/
So why do you want thematic funds ?
In the infographic IDFC Sterling equity needs to be replaced with IDFC Premier Equity.
Thanks Anil, taken care of now.
Great analysis. Helpful for new young investors like me. I have selected below funds to start with. Is this looks ok?
Large cap: ICICI Pru Focused Bluechip Equity Retail-G
Large & Mid cap: HDFC top 200
Mid & Small cap: SBI Magnum Emerging Businesses
Hybrid (Equity Oriented): HDFC Prudence
Thanks,
Chetan
Yes – how much are you investing per month across these and are these tied to any goals ?
I am planning to invest Rs.1000/- per month in each fund. Yes – all are tied to goals. Hybrid fund is for medium term (3-5yrs). Other 3 for retirement planning for long term (as long as funds performing well). Since I am a beginner any correction needed? Do I need to consider different funds?
Thanks,
Chetan
TheWealthWisher,
Please tell me if it is ok to invest.. Waiting for your valuable comments
Yes you can start. Do not introduce any more funds. Increase the value in the funds you have over a period of time.
Dear Radhey,
I think this:
“Also ensure that you move out and in mutual funds in a systematic manner and not pull out all your money in one go when you want to sell and invest”.
is a post in itself. If I am running a SIP in fund A and want to change to fund B then exit load has to be considered for purchases less than a year old. Knee-jerk reactions like changing funds like if it changes from 5* to 4* will hurt investors in the long run.
Everyone says monitor your investments every 6 months. Monitoring is fine but need not be followed up with action all the time. Some funds esp. the long term performers should be left alone for a couple of years. How to go about making changes to fund investments is seldom considered.
Very true Pattu, as you rightly say, knee jerk reactions will not work !
Hi Radhey
Excellent article. I have shared it with my friends. Keep up the good work!
Abhinav
Thank you Abhinav. You have a nice blog as well.
Hi WealthWisher,
I startes SIP under below funds last month.Please let me know are these funds are good to invest.. I would like to invest another 5000 in 2-3 mutual funds.Please suggest.Waiting for your valuable comments.
a) ICICI Pru focused blue chip growth=3000/month
b)HDFC midcap opportunity growth=2000/month
c)Mirae asset India opportunities growth=2500/month
d)SBI emerging business growth=1500/month
e)UTI opportunities growth=2500/month
f)IDFC Premier equity plan A growth=2500/month
Keep the number of funds less and put more money each month in large cap funds to begin with. Why do you need so many funds ?
@ABI,
Of the above, I track ICICI and IDFC fund and they both are good.
Hi WealthWisher,
I am investing in MF through SIP route under below funds for last 2 years .
a) Large Cap – ICICI Pru focussed blue chip growth = 4000/month
b) Large and Mid Cap – HDFC Top 200 growth = 4000/month
c) Mid and Small Cap – RELIANCE Equity Opportunities Fund growth = 3500/month
I have stopped my SIP in DSP Blackrock Top 100 and IDFC Premier Equity due to overlap in portfolio and allocated the amount in above 3 funds. Please let me know are these funds are good to invest, my target is to achieve 1.5 crores in 20 years to build retirement corpus. I would like to invest 4000/- more, please suggest in which funds I will increase the SIP amount – a) Allocate the amount in 3 Existing funds with Active SIP or b) Start SIP in 2 Discontinued Funds (DSP BR Top 100 and IDFC Premier Equity).
@Saikat,
All the above funds are good, no need to add new funds just allocate between these 3 funds. Do monitor their performance every quarter.
Good luck.
Why would you want to start when you stopped it in the first place ?
Why not debt funds ?
Are these aligned to your goals ?
Hi WealthWisher,
I have been investing in the following MFs for the last 2 yrs. Pls advise if any modifications needed:
ICICI Pru Focussed Blue Chip – Rs 3000
HDFC Top 200 – Rs. 2000
UTI Opportunities – Rs. 4000
IDFC Premier Equity – Rs. 2000
SBI Emerging Business – Rs. 1000
UTI Gold ETF – 1 Unit (approx. Rs.2900)
Thanks
Ravi
Great ! Get some debt funds and align these to some goals in life. Don’t invest haphazardly. All the best.
my Q is abt debt funds-i want to introduce one in my portfolio-i know there are different kind of debt funds with different investment horizons and instruments -but just to bring the debt factor to my all equity portfolio should SBI DYNAMIC FUND be the one or you would recommend any other fund-my investment wud be long term-sip 2000pm…………….thks ankur
when you say long term, what do you mean by that – how long is long term for you ?
Unless there is any emergency i should not require to break the sip for nxt 8-10years.
You can even choose along term debt fund for that matter apart from SBI Dynamic
I hold HDFC prudence fund,
HDFC equity fund and
Birla sun life frontline bought in SIP mode.
Could I continue to hold or redeem now?
Thank you.
K.Hemamalini
You an continue.
Thanks for making me literate on personal finance since I have been following you. I have done 2 things over last 1yr.
1. I have done a term insurance and looking to close some of my older sins (read endowment insurance).
2. MF SIP is the way for me to be in market. I have got rid of adhoc equity investment in equity.
Next basic question – Should I come out of FDs fully and invest into debt funds..
No not fully please diversify between both.
@Dip,
What is your timeline for these FD’s? If you can take some risk then its good to invest in debt funds. You can easily earn 12% returns in the long run.
Hi,
I like to invest in Mutual Fund through SIP for 3yrs or more than that. Pl. suggest some good MF for that.
If it 3 years, go for a debt fund.
@partha You can invest in any of the above MF list as mentioned by thewealthwisher
all these MFs are consistent winners
but you need to increase your horizon a bit…
For starters Dsp black rock top 100,Hdfc top 200,Quantam LTE,HDFC Equity,IDFC Premium should be good combination for your portfolio.
All the best
Hi
I want to invest in SIP mutual fund for 15 years as per below:-
Equity:-
1.HDFC top 200 Fund-Rs.2000.
2.IDFC Premier equity fund plan A -Rs.2000.
DEBT:-
1.SBI dynamic Bond.-RS.2000
please advice should be the percentage of investment in large cap and mid cap,which is best to invest.
also advice if any other funds is required in my portfolio.
@Narendra,
The above funds selected by you are good. As your investment is 15 years you can add more in HDFC and IDFC funds.
Make sure to review your investments every six months.
Begin with these, if you are looking for a niche advise o portfolio construction, then contact a financial planner.
My goal will be to get 45,000,00Lakh in 20 year can I achieve this goal? can I invest all saving in mutual fund ? is it ok, expect expenses.
Yes you can invest and achieve the goal by saving in MFs but you need to diversify and invest per your risk profile.
I have just started working and its my first time I will be investing in MF.
I plan to take SIP for a period of a year ( 1000/- per month ) . Which Fund do you suggest ?
When I went to the bank the banker asked whether I wanted a “Risk” taking fund !!!
I have no idea what that means considering there is hardly any “risk” in SIP
Please advice ..
Start with HDFC Balanced is this is your first fund.
As per your article and other advises from around me i want to start investing in MFS with a small SIP Rs. 5000 per month.
I have other investments in equity markets and Banking FD’s.
Am a first time investor in MF am 27 years married with a Kid and earn about 10 lacs per annum.
Horizion for investment is between 5 to 10 years looking forward with a goal of earning 10% per annum with a medium risk taking capacity on my choices please correct me if am wrong anywhere.
My choices for MF’s which can suit my goal and risk
1. Large Caps – DSP Black rock Top 100 Equity – 1000/month
2. Large & Mid Cap – Icici Prudential Dynamic Plan – 1000/month
3. Balanced Fund – HDFC Prudence – 1000/month
4. Tax Planner – Canara Robeco Equity tax saver – 1000/month
5. Debt Fund – SBI Dynamic Bond Fund – 1000/ month
TOTAL 5000/MONTH
Await your feeds and suggestions want to start it asap.
regards
Bhavik
Hi WealthWisher,
I am very new to share market and want to invest in the same for long term.
I am 28 yrs old and have budget of around 70k.
One of my relative have bought shares of 10k of a nationalized bank in 2002.Now the share’s price are 80k . Should I buy shares of nationalized banks as these are safe and profitable.
I have come to know about term mutual fund,RGESS,ELSS etc. should I buy any one of these?
I am confused with some terms eg equity,SIP,dividend………
Please suggest me the best option which are profitable and safe with company name and the process to do so.
Thanks & Regards,
K C Rana
@K C Rana,
Investment in stock market is a risky business, only a few make money.
Do read various articles on Stock market and MF in this blog and you will gain more knowledge.
If you are not confident investing in shares then start with SIP’s in MF
Hey,
I’m new to these MF stuff, I want to invest around 5ooo per month, can u suggest me some funds both for long term n short term as well, thanks 🙂
@Supriya,
Investment in Equity is for long term. Do read various articles on MF on this blog and you will gain more knowledge.
You may invest in DSP Top 100, HDFC Top 200, Reliance regular equity funds.
Make sure to monitor you investments every six months.
Rakesh
I am 33 years . I am beginner in investing. I have decided to invest in mutual funds thru SIP for long term at least for 8 years, 2000/2 for my son’s education he is 10 years old now, And where should I contact to invest in Mysore. Could you please share your opinion?
Waiting for your valuable inputs..
Thanks,
Hi Anuradha,
you can select any of the 2-3 funds from the above list and start investing. My suggestion would be DSP BR Top 100, Franklin India Bluechip, Quantum Long Term Equity. Since these comes under large cap category risk will be less compared to other category funds.
To invest in any mutual fund, u should be KYC compliant. I think u r not yet KYC compliant. So I suggest you to contact CAMS KRA (One of the SEBI registered KRA) in Saraswathipuram. They will initiate ur KYC and same time you can start investing.
Btw, I am also from Mysore…
Thanks,
Chetan
@Anuradha,
Now a days many banks offer directinvestments in MF. HDFC has a separate tab for MF investment, I use that and am satisfied.
Also you can look at fundsindia for online investment. I have very good experience with them too.
Do read various articles on MF here and you will gain knowledge.
Rakesh
@Bhavik,
The funds selected by you are good, make sure to monitor them every six months.
My plan is to start investing 3000 in SIP. Please suggest me appropriate MF’s according to my budget. I am thinking to invest 1000 for 3 different MF’s. I might be wrong because i took this decision just by reading articles on internet. You suggest me right way with MF.
Thanks & Regards
Chandra Bhanu Rastogi
@chandra,
For 3k investment, split 1.5k into two funds namely DSP Top 100, HDFC Top 200. Make sure to monitor your investments regularly.
Thanks rakesh for suggestion. Can you please provide me the like of your any article where you have taught how and when to monitor your investment and then based on some scenarios what decision one should take.
@Chandra,
I am just another reader like you. You can refer to the below article.
https://www.thewealthwisher.com/2012/04/11/how-to-select-a-mutual-fund-in-india/
should i invest for one year or for three year? I can invest for 3 years but details shows performance in 1yr is higher then 3 years. What should I do?
@Chandra,
Investment in Equity is for long term. If your time horizon is 3 to 5 years then only invest.
Hi,I m from a small town in west bengal.my plan is to investing 3500/p.m in sip mutual fund in long term(5-10 yrs).I m a beginner.so plz advise me what to do? To whom i contact?
@Abhijit,
To start with you can invest via SIP in HDFC Top 200, DSP Top 100.
You can contact these companies directly. If you are net savy and don’t want to go through such hassles then open an online account with fundsindia and start SIP.
I have doing the same with them for over a year now and i am very much satisfied.
Dear sir,i m a govt employee,age 29,income 18000 per month.i want to invest 3000 rs per month in mutual funds for long term.
Hdfc top 200-rs 1500
sbi emerging business-rs 1000
and rest of 500 rs want to invest in risky but high returns fund.though i am a new investor,can u suggest me,The above mentioned funds r ok or not for me? Rs 500 in reln pharma or reln fmcg?plz suggest me…
@Abhijit,
The funds selected by you are good. Invest for a long term and keep monitoring them regularly.
Hi WealthWisher,
I want to invest in mutual fund through SIP for long term.
Please suggest me one fund out of below funds:
1)Quantum Long Term Equity Fund
2)HDFc Top 200
Thanks & Regards,
Krishna
@Krishna,
Go with Quantum its a very good fund.
Hi I have following sip for 12-15 years each fund Rs 2000 p.m pl let me know is it correct or not
ICICI Prudential Dynamic plan
HDFC TOP 200 Fund (G)
HDFC Equity Fund(G)
HDFC Prudence Fund(G)
Reliance Equity Opportunities Fund – Retail Plan (G)
L&T India Large Cap Fund
Kotak Gold fund
@Shantanu,
Yours fund selection is good but they are too many, curtail to 4 funds.
hi w/w
am new to this investments please suggest me how & the exact way to invest my money Rs 10000/- p m so that i can get 1 cr in the next 20 yrs please
@Cherry,
If you invest 10,000 pm for 20 years and get 12% returns you can earn 1 crore.
Look at this SIP calculator – https://www.thewealthwisher.com/thewealthwisher-personal-finance-calculators/final-return-on-monthly-sip-calculator/
Hi ,
One of the agent suggested me to invest in HDFC- long Term Advantage Fund . I need to invest in SIP for 10-15 years , is the plan suitable for investment?
Regards,
Rahul
@Rahul,
This is a Tax Saver fund. Do you want to invest to save tax? There are much better tax saver funds then the one you mentioned.
Hi WealthWisher,
I have MF SIP of 3k each in two equity small and mid cap funds.Have plan to invest in large cap MF SIP after 2-3 years.
Right now I have some amount and want to make one time investment of 40k in Gold MF/ETF/ETS for long term say 10 years as the gold has less risk in spite of low return.I have done some R&D and pick “Fund Of Funds / SBI Gold Fund – Direct Plan – Growth” as one good option.
I read some articles that its good to invest in “SBI ETF/ETS” rather than “SBI GOLD MF” as it will ultimately invest in SBI ETF/ETS.
I don’t have the demat account and not involved in stock.
As the demat will be charged around 500 PA + other charges; I am planning not to open the demat account and want to invest in SBI Gold Mutual Fund Direct(G) rather than SBI ETF/ETS.
So should I go for SBI Gold Fund Direct(G) or SBI ETF/ETS.
Thanks ,
Rekha
Excellent review ….. Kindly mail me d updates….. I surely
il scroll through the site …. For its informative …… Good 🙂
Dear all, the excellent article and the excellent discussion that followed has given a lot of insights into MF enigma. Thanks to all the experts and seekers for that.
Your website is very enriching, informative and credible. You have provided a lot of clarity to my mind on MF investments. I am a novice and keen in investing in MF for both short term and long term goals. I had invested in MF once 3 years back in Reliance Growth Fund and Reliance Vision Fund, and had good returns. Had to take out the money for some emergency requirement. After that, I have not invested. But, am going to do it now.
Some where in response to some query on one of the articles, I read, Reliance Growth Fund and Reliance Vision Fund were good in the past. But, nowadays, no one recommends them. Is is really so?
@Yujwal,
Yes you are right, Reliance Growth and Vision have passed their peak. HDFC Top 200 and DSP Top 100 are one of the better performing funds now.
Hi..
My father just passed away six months ago. I have a corpus which I would like to invest in mutual funds. I would like to spread it around debt funds, large cap funds, large to mid cap funds and balanced funds.
Would appreciate your suggestion and views. The goal is to create to make sure that the money grows, we save tax (we already have FD’s) money is safe, so that my mother’s feels secure and her needs are taken care of.
@Sneha,
Do remember investment in equity is for a long term. If your investment horizon is only 10 years and above then invest in equity.
Hi,
I have selected the following funds for a period of 10 years :
HDFC Top 200 Fund (G)
UTI – Opportunities Fund (G)
ICICI Pru Focused Bluechip Equity Fund (G)
Canara Robeco Equity Diversified (G)
Frankin India Bluechip-G
I wish to invest 2500 per fund. Do you think I should a debt fund to this list or any other suggestions to this list or is it fine ?
Hi ,
I need your crucial help…..I have invested 50k in SBI Gold Fund….which having value of 45k now.
As Gold is not seeming to shine….I want to make some deceisions:
1)Should I switch from SBI Gold Fund to SBI FMCG or SBI Magnum Equity with all amount(44.5k) after loss of 5.5 k approx.or should I opt SWP
2)Or should I not redeem the SBI Gold Fund.
3)Or should I invest in other funds….
Great Confusion……Can you please suggest any fund/stock for recovery(I am fine to take risk for this)…
Regards,
Chandan
Chandan – you cannot switch out an din of investments because they are not doing well. We cannot expect our investments to do well all the time. It’s like the Indian team you know 🙂
First check you put in that much money in SBI Gold Fund. What was the purpose – if the purpose is valid, stay put as long as your investments are diversified and you have followed goal based investing.
Dear Wealthwisher,
I am new to mutual funds however I am learning it from past 6-8 months. Now I am ready to invest in mutual funds. My risk appetite is moderate and I have choose below funds for investing. Could you please suggest on the below portfolio?
Franklin Templeton Bluechip fund: 3000/month
HDFC Prudent: 1500/month
Tata Balanced Plan A: 1500/month.. OR.. Quantum Long Term Equity Fund: 1500/month
SBI Magnum Emerging Businesses Fund: 500/month
I am more concerned about Tata and Quantum. Since risk appetite is moderate is it good to invest 2 balanced funds or can i consider Quantum fund?
I am 41 years old. I have only a limited exposure to Mutual funds and could not invest earler due to issues.My time horizon is more than 10 years. Can you please suggest a few good funds for me to invest in. I would like to keep these funds till my retirement. Should I go for a dividend or Growth funds? Also should I invest in debt funds. I can invest upto 50,000 a month on these funds.T hank you
Hi,I m from a chennai .my plan is to investing 1000/p.m in mutual funds.I m a beginner.so plz advise me what to do? To whom i contact?
@Saraswathi,
Kindly read various articles on Mutual Funds here and you will gain knowledge. You can either invest in HDFC Top 200 or DSP Top 100. If you are net savvy you can open an account with FundsIndia and operate online else you can visit the respective Fund office.
Sir,
i want to invest 10000/- pm in mutual fund and i am 26 years old. I am ready to take a small risk. So, Please suggest me the individual mutual fund plans to earn higher returns.
Hi, i am a new investor and want to invest in mutual fund through SIP. I am 26 years old and ready to take small risk. I have selected some funds. Such as
1. ICICI Pru focused Blue Chip- Rs 1500/- pm
2. Franklin India Blue Chip- Rs 1500/- pm
3. HDFC Equity Fund- Rs 1500/- pm
4. SBI Magnum Emerging Fund- Rs 1500/- pm
5. Religare Mid N Small Cap- Rs 1500/- pm
For tax purpose—-
1. HDFC Taxsaver – Rs 1000/- pm
2. Franklin India Taxshield – Rs 1000/- pm
So, please Suggest me accordingly. Waiting for your earlier response.
@Rajeev,
The funds selected by you are good. Your age is your advantage. Do remember to monitor these funds every 6 months.
Dear Rajeev,
Don’t invest blindly. Its not necessary to invest in 7 funds. Experts says 3-4 funds more than enough. So limit your number of funds to 3 or 4. My suggestion for you is to start with HDFC Prudence (Balanced fund) with Rs.1500 first then dive into other funds after few months once your understand equity market. Make sure all your investments are tied to a specific goal. Since your are risk averse select either SBI or Religare from mid cap. I prefer SBI.
Franklin India Bluechip Fund: 4000
Quantum Long term equity: 2000
HDFC Prudence: 2500
SBI Emerging Business Fund: 1000
Don’t invest in tax savings fund just for the sake for tax saving. That should be part of your investment. SIP in tax saving fund each of your SIP installment is locked for 3 years separately.
Hi Sir,
Thanks for providing such informative and beneficial article.
I want to invest 8k monthly on MF SIPs for long term.
Till now I have only started SIP of 3k in SBI Emerging business Fund.
I have also invested 9k in Quantum MF (not have SIP 3k/month ) till now.
I want to add one of the below large cap fund to my portfolio:
1.Franklin India Bluechip(my choice till now)
2.DSP BlackRock Top 100 Equity
3.SBI Magnum Equity Fund
4.ICICI Prudential Top 100 Fund
5.HDFC Top 200
I want to readjust my investments SIPs as:
1. Large Cap e.g. Franklin Bluechip – 3500
2. Mid Cap i.e. Quantum MF – 2500
3. Small Cap i.e. SBI Emerging Buss – 2000
Please tell me if all the investments & amount are ok or not.
Thanks & Regards,
K C Rana
Dear,
Can you please explain how Core and Sattelite approach is maintained using Mutual Funds.
Guiding to any link would also suffice, i can study through.
Thanks,
-Sunil.
Hi Sir,
I want to open SIP in a mid cap i.e. Quantum Long term equity fund for 10-12 years.
In accordance to volatile market ;Please suggest which option would be better:
1.Fortnightly SIP or
2.Monthly SIP
regards,
K C Rana
How much do you want to invest per month. For eg. if you want to invest 5000 pm, you can go for monthly sip on 5 different dates.
I read some articles…many have thoughts that this kind of distribution helps only short term investments…
Is there any impact of this selection on long term investment too…..?
Not sure what you are trying to say here, Do you have figures to prove?
If your investment horizon is 10 years then why worry about short term. Stick to your sip’s and monitor your investment regularly.
I am having an sip in HDFC TOP 200 since 36 months my return is -3%.what shall I hold or stop sip. Please suggest me
@Vissu,
HDFC TOP 200 has been an under performer for quite sometime now.
But if your investment horizon is more than 10 years then stick to it.
Hi Radhey.. How are you doing? Don’t get time nowadays to logon to your site often because of tedious work schedule. But I know whom to turn towards to when I need advice regarding financial planning. 🙂 I’m planning to start investing 2000/- in SIP (ELSS funds..both for Income tax and long term goal purpose). So should I go ahead with Canara Robeco & Franklin India ELSS funds with 1000/- in each, as these are one of the top most well performing funds in ELSS? Let me know asap.
Thanks!
Both are good funds, If your time horizon is more than 10 years then you can invest in these funds.
Thanks Rakesh. Hope you are doing well. 🙂
Sir,
I plan to invest Rs 5000 per month. I wish to have a diversified investment.I do not have sufficient experience and knowledge of investing in Mutual Funds.Could you please guide me with respect to the current scenario in indian share market.? Thanking you in advance.
Regards.
Hi Sir,
I have SIPs in below funds and my time horizon is 15-20 years. Kindly let me know if I need to exit any of the funds or I can combine the funds. I want to increase my holding for 5k more in any of the funds I already have.
Funds I hold are
1. ICICI Pru focused bluechip – Direct G – 3k
2. UTI Opportunities – Direct G – 4k
3. Quntum long term equity – Direct – 2k
4. HDFC Equity – Regular G – 2k
5. IDFC Premier equity – Regular G – 2k
6. HDFC Mid cap opportunities Direct G – 3k
7. ICICI Pru value discovery – Direct G – 2k
8. ICICI Pru tax plan – Direct G – 2k