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Here is a list of top 10 mutual fund schemes handpicked by ET Mutual Funds.
Which are thetop 10 mutual funds? That is how many mutual fund investors start their investment process. Mostly it would start with an online search: top 10 mutual fund schemes to invest. In some cases, it would be a rhetorical query to friends or colleagues. What we are trying to say that most investors want a ready made list of schemes to start investing inmutual funds.
However, an online search would often take them to online sties 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 are in vain. Even if one finds a list that looks appealing, the conviction is very low. 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 ET Mutual Funds decided to come with our own list of Top 10 mutual fund schemes. We have picked up two schemes from five different categories — large and mid cap, multicap, value,ELSSor tax saving schemes and aggressive hybrid schemes which we believe should be enough for regular mutual fund investors. Here is the list of schemes. For more details look at the table below.
We believe that the list would be a good starting point to new investors looking to invest in mutual funds. Mostly, new investors start with Equity Linked Savings Schemes (ELSSs) or tax saving/mutual fund schemes. Investments in these schemes qualify for tax deductions of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. These schemes are ideal for new investors as they come with a mandatory lock-in period of three years and it helps investors tackle volatility typically associated with equity mutual funds.
Equity-oriented hybrid schemes or balanced schemes are also ideal for novices to the stock market. These schemes invest in a mix of equity (minimum 65 per cent) and debt, and they are relatively less volatile than pure equity schemes that invest the entire corpus in stocks. Equity-oriented hybrid schemes are the best investment vehicle for investors looking to create long-term wealth without much volatility.
A regular investor looking to invest in the stock market need not look beyond mutlicap mutual funds or diversified equity schemes. These schemes invest across market capitalisation based on the view of the fund manager. They invest mostly in largecap and midcap stocks, with a small allocation to smallcap stocks. A regular investor can benefit from the uptrend in any of the sectors, categories of stocks by investing in these schemes.
Some investors want to play extremely safe even while investing in stocks. Largecap schemes are meant for such individuals. These schemes invest in top 100 stocks and they are relatively safer than other stocks. They are also relatively less volatile than midcap and smallcap schemes. In short, you should invest in largecap schemes if you are looking for modest returns with relative stability.
What about aggressive investors looking to take extra returns by taking extra risk? Well, they can bet on midcap schemes that invest mostly in medium sized companies. These schemes can be a bit volatile, but they also have the potential to offer superior returns over a long period. You can invest in midcap schemes if you have a long-term investment horizon and an appetite for higher risk.
Looking for an equity mutual fund SIP portfolios to start investing to create wealth over a long period? Here are recommended equity mutual fund SIP portfolios for three different risk profiles – conservative, moderate, aggressive – and three different basket of SIP investments. For more, read:Best mutual funds to invest in 2018.
Planning to invest in mutual funds to build a retirement corpus? Here is what you should know.Invest in zero commissions direct mutual funds with ETMONEY. Start SIP as low as ₹500/month.0CommentsScheme NameNAVAUM
(%)Mirae Asset Tax Saver Direct-G1.838.9516.109.4122.01Invest NowMirae Asset Tax Saver Reg-G1.668.4715.077.9120.37Invest NowMotilal Oswal Long Term Equity Fund Direct-Growth
ELSS1.9210.4519.595.2615.46Start SIPMotilal Oswal Focused 25 Fund Direct-Growth
Large Cap2.388.2515.161.2913.87Invest NowDHFL Pramerica Gilt Direct Plan – Growth
Gilt0.151.985.628.257.35Invest NowDSP Midcap Direct Plan-Growth
Mid Cap1.086.9314.63-4.7615.29Start SIPDHFL Pramerica Hybrid Debt Fund Direct Plan-Growth
Conservative Hybrid1.013.846.768.659.39Invest NowDSP Focus Direct Plan-Growth
Multi Cap1.8510.3416.432.8811.66Start SIPMotilal Oswal Multicap 35 Fund Direct-Growth
Multi Cap1.266.5714.84-4.7315.35Invest NowMotilal Oswal Midcap 30 Fund Direct-Growth
Mid Cap1.698.8813.43-2.789.27Invest NowDHFL Pramerica Large Cap Fund Direct Plan-Growth
Large Cap2.077.5914.885.8912.44Invest NowDSP Small Cap Direct Plan-Growth
Small Cap1.157.2410.33-16.099.24Start SIPDSP Equity Opportunities Direct Plan-Growth
Large & MidCap0.918.3815.721.2714.81Start SIPDSP Credit Risk Direct Plan-Growth
Credit Risk0.492.160.02-0.705.09Start SIPMotilal Oswal Long Term Equity Fund Direct-Growth
ELSS0.276.6011.69-6.8016.86Invest NowDSP Tax Saver Direct Plan-Growth
ELSS1.9210.4519.595.2615.46Start SIPDSP Liquidity Direct-Growth
Liquid0.641.823.737.587.22Start SIPICICI Prudential Savings Fund Direct Plan -Growth
Low Duration0.622.054.378.017.85Invest NowDSP Savings Direct Plan-Growth
Money Market0.581.944.087.926.88Start SIPDSP Strategic Bond Direct Plan-Growth
Dynamic Bond-0.422.336.108.837.02Start SIPDSP 10Y G-Sec Fund Direct-Growth
Gilt with 10 year Constant Duration0.191.695.688.837.03Start SIPDSP Bond Direct-Growth
Medium Duration0.192.243.775.257.40Start SIPDSP Short Term Direct Plan-Growth
Short Duration0.202.014.747.777.45Start SIPDSP Ultra Short Fund Direct Plan-Growth
Ultra Short Duration0.642.003.076.116.95Start SIPDSP Equity Savings Fund Direct-Growth
Equity Savings1.055.147.583.489.00Start SIPDSP Dynamic Asset Allocation Fund Direct-Growth
Dynamic Asset Allocation0.832.886.117.389.19Start SIPDSP Regular Savings Direct Plan-Growth
Conservative Hybrid0.614.134.57-0.816.82Start SIPDSP Equity & Bond Direct-Growth
Aggressive Hybrid1.748.2915.344.2612.77Start SIP
– Returns less then 1 year are absolute and above 1 year are annualised.
– Returns of 1 year are absolute and above 1 year are annualised..
Start Investing with ICICI Prudential Mutual Fund. Click Here
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