Picking your best mutual fund amongst various varieties of mutual funds in the marketplace is a difficult and time consuming task. However, selecting your best performer is not easy but there are several financial portals available who will guide you on various criterions in order to rank the mutual funds. But if you prefer the following criterions, you could be deriving the advantages from your specified mutual funds.
1. There are various mutual funds whose rankings are dependent on the CRISIL and Value Research Online. CRISIL allots ranking based on the ranks such as Rank 1(good) to Rank(5) worst. Similarly, Value Research assigns the ranking based on the criterions such as 1-Star(worst) to 5-Star(good). Selecting the funds which have CRISIL 1 to 3 ranking and Value Research 5 star to 3-star rating is good. If you can witness these ratings for a mutual fund scheme and then select, it could be your best pick mutual fund.
2. Invest according to your risk taking capacity and time intervals. The longer you stay, the more potential you will develop for amassing returns. It is best to remain invested from 5 to 10 years time period. Moreover, your risk-taking apptitude should be categorized with respect of high-risk, medium-risk and low-risk appetite.
- High-risk aptitude investors consider investing in large cap funds, mid-cap funds, global funds, sector funds, etc. These are high-risk oriented funds that offer you higher returns provided if you remain invested in the longer run.
- Medium-risk aptitude investors prefer investing in large cap funds, hybrid funds, debt funds etc.
- Low-risk investors consider investing in hybrid funds and debt funds.
3. Choose a better performer fund. Always examine whether your fund is consistently performing or not i.e. whether it is in a category of 1-year, 3-years and 5-years time frame. This ensures the consistency in providing you returns.
4. It's beneficial to invest in that asset management company(AMC) which has its Assets Under Management(AUM)>100 crores. AUM signifies the number of investors invested in a mutual fund scheme. Higher AUM denotes the large number of investors in a mutual fund scheme as compared to lower AUM which denotes lesser investors. It's better to avoid investing in such schemes. However, the new mutual funds comprising lesser AUM are still to prove their worth in the stock market and hence, instilling investors confidence.
Examine the best performing mutual funds which are chosen on the basis of:
- their highest performance in the past 5 years
- CRISIL ranking and VRO rating as higher ranking/rating which denotes the better fund performer as against its several peers in stock market cycles.
- the net worth of a mutual fund company whose net assets are valued more than 100 crores.
List of Top 10 Mutual Funds in India Value Research
Enlisting the top 10 mutual fund schemes as follows:
Equity Funds
1. Mirae Asset India Opportunities Fund-Regular Plan(Large Cap)
- 1 Year Return: 35.59%
- 3 Year Return: 23.90%
- 5 Year Return: 18.06%
2. Birla Sunlife Equity Fund(Multi-Cap)
- 1 Year Return: 43.40%
- 3 Year Return: 28.39%
- 5 Year Return: 19.89%
3. Mirae Asset Emerging Bluechip Fund-Regular Plan (Mid-Cap)
- 1 Year Return: 45.89%
- 3 Year Return: 37.85%
- 5 Year Return:28.03%
4. DSP BlackRock Tax Saver Fund (Tax-Saver)
- 1 Year Return: 38.47%
- 3 Year Return: 25.90%
- 5 Year Return:19.26%
5. Franklin Build India Fund(Infrastructure)
- 1 Year Return: 39.50%
- 3 Year Return: 35.64%
- 5 Year Return: 19.26%
Hybrid Funds
1. SBI Magnum Balanced Fund (Equity-Oriented)
- 1 Year Return: 18.44%
- 3 Year Return: 20.06%
- 5 Year Return: 17.17%
2. Birla Sun Life Monthly Income Plan II-Wealth 25 Plan(Debt-Oriented Aggressive)
- 1 Year Return: 22.98%
- 3 Year Return: 16.67%
- 5 Year Return: 13.11%
3. SBI Magnum Monthly Income Plan- Floater
- 1 Year Return:12.17%
- 3 Year Return: 12.44%
- 5 Year Return: 11.01%
Debt Funds
1. Birla Sun Life Treasury Optimizer Fund -Regular Plan(Income Plan)
- 1 Year Return:11.69%
- 3 Year Return: 10.61%
- 5 Year Return: 10.22%
2. UTI Banking & PSU Debt Fund-Regular Plan(Short-Term)
- 1 Year Return:11.27%
- 3 Year Return: 9.68%
- 5 Year Return: Nil
3. Franklin India Ultra Short-Term Bond Fund-Super Institutional Plan (Ultra-Short Term Plan)
- 1 Year Return:9.86%
- 3 Year Return:9.80%
- 5 Year Return: 9.92%
4. Escorts Liquid Plan(Liquid plan)
- 1 Year Return:7.87%
- 3 Year Return:8.69%
- 5 Year Return:9.20%
5. Baroda Pioneer Credit Opportunities Fund-Plan A (Credit Opportunities Plan)
- 1 Year Return:11.75%
- 3 Year Return: Nil
- 5 Year Return:Nil
6. Quantum Dynamic Bond Fund (Dynamic Bond Plan)
- 1 Year Return:14.42%
- 3 Year Return: Nil
- 5 Year Return: Nill Disclaimer - Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.
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