Best Equity Mutual Funds to invest in SIP

Mutual funds are one of the best investment options for those who want to build a large corpus. The investors who have a clear vision and plan of their financial objective can build a huge amount over a period of investment. There are different types of Mutual Funds based on the financial objective and the risk capacity. 

The investment through Mutual Fund SIP depends on the customers and starts with as low as ₹500 and has no upper limit. For those who are investing for the first time, SIPs are a comfortable form of investment. 

Other than this, diversification of funds is also very important as the risk appetite as the performing funds and non-performing funds maintain a balance. Here we are talking about the types of mutual funds and top mutual funds in India.

• Equity (Growth)- The investment is done only in stocks.
• Debt (Income)- The investment is done only in fixed-income securities.
• Money Market (Including Gilt)- The investment is done in short-term market instruments including government securities.
• Balanced- The balance is maintained and hence the fund is put partially in stocks and partly in fixed-income securities.

Top Equity Mutual Funds in India

Here are the top equity mutual funds where you can invest.

SBI Equity Funds

• SBI Magnum Equity Fund
• SBI Magnum Global Fund
• SBI Magnum Midcap Fund
• SBI Blue Chip Fund
• SBI Magnum Multiplier Fund
• SBI Magnum Taxgain Scheme
• SBI FMCG Fund
• SBI IT Fund
• SBI Pharma Fund

Axis Equity Funds

• Axis Equity Fund-Regular Growth
• Axis Long -Term Equity Fund-Regular Growth
• Axis Equity Saver Fund -Regular Growth
• Axis Midcap Fund -Regular Growth
• Axis Focused 25 Fund-Regular Growth

HDFC Equity Funds

• HDFC Equity Fund
• HDFC Top 200 Fund
• HDFC Mid-Cap Opportunities Fund
• HDFC Prudence Fund
• HDFC Balanced Fund
• HDFC Tax Saver(ELSS)
• HDFC Arbitrage Fund
• HDFC Infrastructure Fund
• HDFC Capital Builder Fund
• HDFC Small Cap Fund
• HDFC Core and Satellite Fund
• HDFC Equity Savings Fund(Erstwhile HDFC Multiple Yield Fund)
• HDFC Index Fund -Nifty Plan
• HDFC Long Term Advantage Fund (ELSS)
• HDFC Index Fund-SENSEX Plan
• HDFC Index Fund-SENSEX Plus Plan
• HDFC Growth Fund
• HDFC Large Cap Fund(Formerly Morgan Stanley Growth Fund)
• HDFC Premier Multi-Cap Fund
• HDFC Focused Large-Cap Fund

ICICI Equity Funds

• ICICI Prudential Dynamic Plan
• ICICI Prudential Focused Bluechip Equity Fund
• ICICI Prudential Value Discovery Fund
• ICICI Prudential Infrastructure Fund
• ICICI Prudential Child Care Plan(Gift)
• ICICI Prudential Long Term Equity Fund(Tax Saving)
• ICICI Prudential Equity Income Fund
• ICICI Prudential Multicap Fund
• ICICI Prudential Technology Fund
• ICICI Prudential Blended Plan A
• ICICI Prudential US Bluechip Equity Fund
• ICICI Prudential Top 100 Fund
• ICICI Prudential MidCap Fund
• ICICI Prudential Export and Other Services Fund
• ICICI Prudential Equity Arbitrage Fund
• ICICI Prudential Dividend Yield Equity Fund
• ICICI Prudential Balanced Advantage Fund
• ICICI Prudential Indo Asia Fund
• ICICI Prudential FMCG Fund
• ICICI Prudential Banking and Financial Services Fund
• ICICI Prudential Select Large Cap Fund
• ICICI Prudential Nifty Index Fund
• ICICI Prudential Nifty Next 50 Index Fund

Types of Equity Funds

Below are the types of mutual funds where you can invest and the name are as follows:

Large caps

• DSP BlackRock Top 100 Equity Fund
• HDFC Top 200 Fund
• Reliance Vision Fund
• HDFC Growth Fund
• Reliance NRI Equity Fund
• Principal Large Cap Fund
• HDFC Large Cap Fund
• Reliance Top 200 Fund
• DSP BlackRock Focus 25 Fund
• Principal Index Fund-Nifty
• Reliance Focused Large Cap Fund
• Reliance Quant Plus Fund
• Reliance Index Fund-Nifty Plan
• Reliance Index Fund-Sensex Plan

Mid-caps

• Principal Emerging Bluechip Fund
• Principal Index Fund-Midcap
• Reliance Growth Fund
• HDFC Mid-Cap Opportunities Fund
• HDFC Core And Satellite Fund
• Reliance Regular Savings Fund-Equity Plan
• DSP BlackRock Small And Mid Cap Fund
• Reliance Mid & Small Cap Fund

Multi-caps

• DSP BlackRock Equity Fund
• HDFC Equity Fund
• DSP BlackRock Opportunities Fund
• Reliance Equity Opportunities Fund
• Principal Growth Fund
• HDFC Capital Builder Fund
• HDFC Premier Multi-Cap Fund
• Principal Dividend Yield Fund
• Reliance Retirement Fund-Wealth Creation Scheme

Small caps

• Reliance Small Cap Fund
• HDFC Small Cap Fund

Tax planning

• HDFC Retirement Savings Fund -Equity Plan
• HDFC TaxSaver
• HDFC Long Term Advantage Fund
• Principal Tax Savings Fund
• Reliance Tax Saver (ELSS) Fund
• DSP BlackRock Tax Saver Fund

Others

• Reliance Diversified Power Sector Fund
• Reliance Media & Entertainment Fund
• DSP BlackRock Natural Resources And New Energy Fund

Investing in Equity Mutual Funds

If you have plans of investing in mutual funds, you can invest in the below-mentioned top performing funds.

• Top Large Cap Equity Mutual Funds-

• Birla Frontline Equity fund
• SBI Bluechip fund
• ICICI Focused Bluechip fund
• Franklin Bluechip fund, Birla top 100 funds & Quantum Long-term equity fund

• Top Diversified / Multi-cap / Flexi-cap Equity Funds

• Franklin Prima plus fund
• ICICI Pru Value Discovery fund
• L&T Value fund
• Franklin India High Growth Companies fund & Birla Equity fund

• Top Mid-cap Equity Fund Schemes
• HDFC Mid-cap fund
• Franklin Prima Fund
• UTI mid-cap
• Mirae Asset Emerging Bluechip fund and Principal Emerging Bluechip fund.

Disclaimer - Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.