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9 Best Diversified Multicap Mutual Funds to Invest in 2021

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Best Diversified Mutual Funds To Invest In 2021

Updated on April 7, 2021 , 29999 views

Diversified Funds, also known as multi cap funds are a class of Equity Funds. Investors with a high-risk appetite who wish to take an exposure in equities usually incline towards Investing in diversified funds. As, diversified funds invest across market caps such as – large cap, mid cap & small cap.

Diversified-funds

Multi cap, flexi cap or diversified schemes are supposed to invest across stocks in different market capitalisation based on the view of the fund manager. The allocation to each market cap varies from scheme to scheme. Some schemes have a fixed proportion and some change it dynamically depending on the market conditions.

These Mutual Funds adopt a Value investing strategy where they purchase the stocks of companies that are relatively lower in comparison to their past performance, Book Value, Earnings, and other value parameters.

By investing in the Best Diversified Equity Funds, investors can earn slightly more stable returns, however, they would still be affected by the volatility of equities during a turbulent market condition. Diversified funds are good for investors who are not willing to take much risk to invest in small stocks, but nevertheless wants a kick of extra high return from emerging stocks. One should invest in diversified equity funds in case person has low to moderate risk profile.

To make the process of selecting a good diversified equity fund easy, we have listed essential parameters, along with some pre-selected top & best diversified equity funds – that investors can take into account during their investing journey.

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9 Best Performing Diversified Funds FY 21 - 22

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2020 (%)
Parag Parikh Long Term Equity Fund Growth ₹39.6809
↑ 0.26
₹7,45211.124.774.920.21932.3
UTI Equity Fund Growth ₹217.084
↓ -0.18
₹15,7464.233.376.617.61831.5
PGIM India Diversified Equity Fund Growth ₹21.13
₹6767.334.689171835.9
Canara Robeco Equity Diversified Growth ₹185.79
↓ -0.35
₹3,4704.123.556.114.81722.2
DSP BlackRock Equity Fund Growth ₹55.568
↓ -0.16
₹4,8735.332.760.913.417.118.7
Mirae Asset India Equity Fund  Growth ₹65.965
↓ -0.22
₹23,3533.522.959.712.616.713.7
Kotak Standard Multicap Fund Growth ₹45.674
↓ -0.16
₹34,5154.925.960.911.615.911.8
Aditya Birla Sun Life Equity Fund Growth ₹955.56
↓ -1.02
₹12,8303.529.16610.515.716.1
Franklin India Equity Fund Growth ₹773.229
↓ -1.45
₹9,5907.637.273.410.412.616
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 9 Apr 21
*Above is list of top diversified/multicap mutual funds with AUM/Net Assets > 500 Crore, sorted on 3 Year CAGR Returns.

1. Parag Parikh Long Term Equity Fund

(Erstwhile Parag Parikh Long Term Value Fund)

The investment objective of the scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and equity related securities.

Parag Parikh Long Term Equity Fund is a Equity - Multi Cap fund was launched on 24 May 13. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 19.1% since its launch.  Ranked 34 in Multi Cap category.  Return for 2020 was 32.3% , 2019 was 14.4% and 2018 was -0.4% .

Below is the key information for Parag Parikh Long Term Equity Fund

Parag Parikh Long Term Equity Fund
Growth
Launch Date 24 May 13
NAV (09 Apr 21) ₹39.6809 ↑ 0.26   (0.65 %)
Net Assets (Cr) ₹7,452 on 28 Feb 21
Category Equity - Multi Cap
AMC PPFAS Asset Management Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 2.06
Sharpe Ratio 1.22
Information Ratio 0.55
Alpha Ratio 10.86
Min Investment 1,000
Min SIP Investment 1,000
Exit Load 0-365 Days (2%),365-730 Days (1%),730 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,617
31 Mar 18₹13,282
31 Mar 19₹14,812
31 Mar 20₹12,482
31 Mar 21₹22,582

Parag Parikh Long Term Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520
Invest Now

Returns for Parag Parikh Long Term Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 6.5%
3 Month 11.1%
6 Month 24.7%
1 Year 74.9%
3 Year 20.2%
5 Year 19%
10 Year
15 Year
Since launch 19.1%
Historical performance (Yearly) on absolute basis
YearReturns
2020 32.3%
2019 14.4%
2018 -0.4%
2017 29.4%
2016 3.3%
2015 8.9%
2014 44.8%
2013
2012
2011
Fund Manager information for Parag Parikh Long Term Equity Fund
NameSinceTenure
Raj Mehta27 Jan 165.18 Yr.
Rajeev Thakkar24 May 137.86 Yr.
Raunak Onkar24 May 137.86 Yr.

Data below for Parag Parikh Long Term Equity Fund as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services30.66%
Technology20.88%
Consumer Cyclical14.82%
Communication Services14.36%
Consumer Defensive8.98%
Health Care5.09%
Asset Allocation
Asset ClassValue
Cash5.21%
Equity94.79%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Alphabet Inc Class C (Communication Services)
Equity, Since 31 Oct 15 | GOOG
10%₹721 Cr48,283
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 20 | ITC
8%₹598 Cr29,359,551
↑ 2,600,000
Bajaj Holdings and Investment Ltd (Financial Services)
Equity, Since 31 Oct 16 | 500490
8%₹581 Cr1,600,879
↑ 125,079
Microsoft Corp (Technology)
Equity, Since 30 Apr 20 | MSFT
7%₹522 Cr310,260
Indian Energy Exchange Ltd (Financial Services)
Equity, Since 31 Jul 20 | 540750
6%₹432 Cr14,735,528
Persistent Systems Ltd (Technology)
Equity, Since 30 Nov 14 | PERSISTENT
5%₹396 Cr2,389,036
↓ -8,486
Amazon.com Inc (Consumer Cyclical)
Equity, Since 31 Jan 19 | AMZN
5%₹380 Cr16,923
Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 31 Mar 20 | MCX
5%₹377 Cr2,492,885
↑ 429,354
Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | HEROMOTOCO
5%₹372 Cr1,153,871
↑ 206,664
Facebook Inc A (Communication Services)
Equity, Since 31 Jul 17 | FB
5%₹350 Cr186,919
↑ 18,390

2. UTI Equity Fund

This Scheme primarily aims at securing for the unitholders capital appreciation by investing the funds of the scheme in equity shares and convertible and non-convertible bonds/ debentures of companies with good growth prospects and money market instruments.

UTI Equity Fund is a Equity - Multi Cap fund was launched on 18 May 92. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.5% since its launch.  Ranked 54 in Multi Cap category.  Return for 2020 was 31.5% , 2019 was 11.7% and 2018 was 3.5% .

Below is the key information for UTI Equity Fund

UTI Equity Fund
Growth
Launch Date 18 May 92
NAV (09 Apr 21) ₹217.084 ↓ -0.18   (-0.08 %)
Net Assets (Cr) ₹15,746 on 28 Feb 21
Category Equity - Multi Cap
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 1.98
Sharpe Ratio 0.95
Information Ratio 1.21
Alpha Ratio 1.95
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,862
31 Mar 18₹13,299
31 Mar 19₹14,909
31 Mar 20₹12,018
31 Mar 21₹21,986

UTI Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for UTI Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 1.7%
3 Month 4.2%
6 Month 33.3%
1 Year 76.6%
3 Year 17.6%
5 Year 18%
10 Year
15 Year
Since launch 13.5%
Historical performance (Yearly) on absolute basis
YearReturns
2020 31.5%
2019 11.7%
2018 3.5%
2017 30.1%
2016 1.1%
2015 0.9%
2014 46.8%
2013 7.6%
2012 32.2%
2011 -19.1%
Fund Manager information for UTI Equity Fund
NameSinceTenure
Ajay Tyagi11 Jan 165.22 Yr.

Data below for UTI Equity Fund as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services26.34%
Consumer Cyclical16.62%
Health Care13.69%
Technology13.47%
Industrials9.35%
Basic Materials6.42%
Communication Services6.39%
Consumer Defensive5.79%
Asset Allocation
Asset ClassValue
Cash1.93%
Equity98.07%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 17 | 500034
6%₹964 Cr1,830,170
HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 07 | HDFCBANK
6%₹959 Cr6,250,392
↑ 20,000
Larsen & Toubro Infotech Ltd (Technology)
Equity, Since 31 Aug 18 | 540005
4%₹686 Cr1,906,100
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 15 | HDFC
4%₹643 Cr2,531,377
↑ 16,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹620 Cr3,483,286
↑ 45,000
Astral Poly Technik Ltd (Industrials)
Equity, Since 31 Mar 16 | ASTRAL
4%₹613 Cr2,881,866
↓ -30,000
Infosys Ltd (Technology)
Equity, Since 31 May 07 | INFY
4%₹609 Cr4,856,774
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Nov 17 | 540611
3%₹500 Cr4,434,329
↑ 82,268
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 Jan 16 | NAUKRI
3%₹474 Cr964,796
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 06 | TCS
3%₹470 Cr1,623,438

3. PGIM India Diversified Equity Fund

To generate income & capital appreciation by predominantly investing in an actively managed diversified portfolio of equity & equity related instruments including derivatives.

PGIM India Diversified Equity Fund is a Equity - Multi Cap fund was launched on 4 Mar 15. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13% since its launch.  Return for 2020 was 35.9% , 2019 was 10% and 2018 was -7.9% .

Below is the key information for PGIM India Diversified Equity Fund

PGIM India Diversified Equity Fund
Growth
Launch Date 4 Mar 15
NAV (09 Apr 21) ₹21.13
Net Assets (Cr) ₹676 on 28 Feb 21
Category Equity - Multi Cap
AMC Pramerica Asset Managers Private Limited
Rating Not Rated
Risk Moderately High
Expense Ratio 2.41
Sharpe Ratio 1.23
Information Ratio 0.73
Alpha Ratio 11.92
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹12,444
31 Mar 18₹13,556
31 Mar 19₹14,159
31 Mar 20₹11,026
31 Mar 21₹21,556

PGIM India Diversified Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for PGIM India Diversified Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 2.9%
3 Month 7.3%
6 Month 34.6%
1 Year 89%
3 Year 17%
5 Year 18%
10 Year
15 Year
Since launch 13%
Historical performance (Yearly) on absolute basis
YearReturns
2020 35.9%
2019 10%
2018 -7.9%
2017 36.6%
2016 -0.6%
2015
2014
2013
2012
2011
Fund Manager information for PGIM India Diversified Equity Fund
NameSinceTenure
Aniruddha Naha5 Apr 182.99 Yr.

Data below for PGIM India Diversified Equity Fund as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services28.59%
Basic Materials16.16%
Industrials13.6%
Technology11.71%
Consumer Cyclical9.28%
Health Care6.6%
Communication Services2.88%
Energy2.33%
Real Estate1.86%
Asset Allocation
Asset ClassValue
Cash5.58%
Equity94.42%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Mar 20 | INFY
6%₹38 Cr300,000
↑ 25,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | ICICIBANK
5%₹33 Cr560,000
↑ 60,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 20 | HDFCBANK
4%₹27 Cr175,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | 532215
4%₹25 Cr346,535
↑ 90,000
Can Fin Homes Ltd (Financial Services)
Equity, Since 30 Sep 20 | 511196
4%₹24 Cr500,000
↑ 200,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 20 | SBIN
3%₹23 Cr600,000
↑ 100,000
The Federal Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | FEDERALBNK
3%₹23 Cr2,694,290
↑ 500,000
Praj Industries Ltd (Industrials)
Equity, Since 30 Sep 20 | 522205
3%₹21 Cr1,250,000
↑ 750,000
Coforge Ltd Shs Dematerialised (Technology)
Equity, Since 30 Jun 20 | 532541
3%₹20 Cr78,311
↑ 23,311
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹19 Cr350,000

4. Canara Robeco Equity Diversified

To generate capital appreciation by investing in equity and equity related securities. However, there can be no assurance that the investment objective of the scheme will be realized.

Canara Robeco Equity Diversified is a Equity - Multi Cap fund was launched on 16 Sep 03. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 18.1% since its launch.  Ranked 68 in Multi Cap category.  Return for 2020 was 22.2% , 2019 was 12.3% and 2018 was 0.9% .

Below is the key information for Canara Robeco Equity Diversified

Canara Robeco Equity Diversified
Growth
Launch Date 16 Sep 03
NAV (09 Apr 21) ₹185.79 ↓ -0.35   (-0.19 %)
Net Assets (Cr) ₹3,470 on 28 Feb 21
Category Equity - Multi Cap
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.4
Sharpe Ratio 0.82
Information Ratio 0.53
Alpha Ratio -3.04
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹12,155
31 Mar 18₹13,843
31 Mar 19₹15,675
31 Mar 20₹13,057
31 Mar 21₹21,321

Canara Robeco Equity Diversified SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for Canara Robeco Equity Diversified

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month -0.6%
3 Month 4.1%
6 Month 23.5%
1 Year 56.1%
3 Year 14.8%
5 Year 17%
10 Year
15 Year
Since launch 18.1%
Historical performance (Yearly) on absolute basis
YearReturns
2020 22.2%
2019 12.3%
2018 0.9%
2017 37.8%
2016 -2%
2015 0.1%
2014 39.7%
2013 4.3%
2012 31.3%
2011 -15.9%
Fund Manager information for Canara Robeco Equity Diversified
NameSinceTenure
Shridatta Bhandwaldar12 Jul 164.72 Yr.
Miyush Gandhi1 Oct 191.5 Yr.

Data below for Canara Robeco Equity Diversified as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services33.5%
Technology12.87%
Basic Materials10.93%
Consumer Cyclical10.33%
Industrials9.76%
Health Care5.59%
Consumer Defensive5.55%
Energy3.46%
Utility2.34%
Communication Services1.08%
Asset Allocation
Asset ClassValue
Cash4.6%
Equity95.4%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
7%₹253 Cr1,692,340
↑ 90,000
Infosys Ltd (Technology)
Equity, Since 30 Apr 10 | INFY
7%₹244 Cr1,782,188
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK
6%₹240 Cr4,115,550
↑ 100,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
4%₹130 Cr409,428
↑ 67,500
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Mar 17 | RELIANCE
3%₹129 Cr642,400
↑ 10,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 30 Jun 16 | LT
3%₹123 Cr865,657
↓ -25,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jul 19 | 500034
3%₹121 Cr234,535
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | 532215
3%₹117 Cr1,678,600
↑ 300,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 20 | SBIN
3%₹117 Cr3,200,000
↓ -700,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFC
3%₹104 Cr415,900

5. DSP BlackRock Equity Fund

Aims to provide long term capital appreciation from a portfolio substantially constituted of equity and equity related securities.

DSP BlackRock Equity Fund is a Equity - Multi Cap fund was launched on 7 Jun 07. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.2% since its launch.  Ranked 42 in Multi Cap category.  Return for 2020 was 18.7% , 2019 was 17% and 2018 was -7.5% .

Below is the key information for DSP BlackRock Equity Fund

DSP BlackRock Equity Fund
Growth
Launch Date 7 Jun 07
NAV (09 Apr 21) ₹55.568 ↓ -0.16   (-0.29 %)
Net Assets (Cr) ₹4,873 on 28 Feb 21
Category Equity - Multi Cap
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.13
Sharpe Ratio 0.7
Information Ratio 0.31
Alpha Ratio -6.68
Min Investment 1,000
Min SIP Investment 500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹12,669
31 Mar 18₹14,250
31 Mar 19₹15,237
31 Mar 20₹12,631
31 Mar 21₹21,409

DSP BlackRock Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for DSP BlackRock Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month -0.6%
3 Month 5.3%
6 Month 32.7%
1 Year 60.9%
3 Year 13.4%
5 Year 17.1%
10 Year
15 Year
Since launch 13.2%
Historical performance (Yearly) on absolute basis
YearReturns
2020 18.7%
2019 17%
2018 -7.5%
2017 40%
2016 4.1%
2015 -0.7%
2014 53%
2013 0.1%
2012 33.3%
2011 -23.9%
Fund Manager information for DSP BlackRock Equity Fund
NameSinceTenure
Atul Bhole1 Jun 164.83 Yr.
Abhishek Ghosh1 Jan 210.24 Yr.

Data below for DSP BlackRock Equity Fund as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services36.07%
Basic Materials12.85%
Consumer Cyclical10.88%
Technology10.31%
Industrials8.07%
Consumer Defensive5.5%
Health Care5.42%
Utility3.69%
Communication Services2.33%
Energy1.65%
Real Estate1.45%
Asset Allocation
Asset ClassValue
Cash1.78%
Equity98.22%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 16 | ICICIBANK
8%₹374 Cr6,263,028
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
7%₹330 Cr2,150,269
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
4%₹192 Cr1,532,258
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Dec 17 | ULTRACEMCO
3%₹167 Cr272,899
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
3%₹150 Cr285,698
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Mar 18 | 540376
3%₹144 Cr481,457
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532215
3%₹128 Cr1,761,946
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Aug 19 | 500124
2%₹115 Cr259,790
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 19 | BHARTIARTL
2%₹114 Cr2,042,743
↓ -627,532
Gujarat Gas Ltd (Utilities)
Equity, Since 30 Jun 20 | 539336
2%₹111 Cr2,249,333

6. Mirae Asset India Equity Fund 

(Erstwhile Mirae Asset India Opportunities Fund)

The investment objective of the scheme is to generate long term capital appreciation by capitalizing on potential investment opportunities through predominantly investing in equities, equity related securities.

Mirae Asset India Equity Fund  is a Equity - Multi Cap fund was launched on 4 Apr 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.6% since its launch.  Ranked 19 in Multi Cap category.  Return for 2020 was 13.7% , 2019 was 12.7% and 2018 was -0.6% .

Below is the key information for Mirae Asset India Equity Fund 

Mirae Asset India Equity Fund 
Growth
Launch Date 4 Apr 08
NAV (09 Apr 21) ₹65.965 ↓ -0.22   (-0.32 %)
Net Assets (Cr) ₹23,353 on 28 Feb 21
Category Equity - Multi Cap
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 1.37
Sharpe Ratio 0.81
Information Ratio -0.12
Alpha Ratio -1.66
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹12,832
31 Mar 18₹14,416
31 Mar 19₹16,460
31 Mar 20₹12,492
31 Mar 21₹21,072

Mirae Asset India Equity Fund  SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for Mirae Asset India Equity Fund 

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month -1.7%
3 Month 3.5%
6 Month 22.9%
1 Year 59.7%
3 Year 12.6%
5 Year 16.7%
10 Year
15 Year
Since launch 15.6%
Historical performance (Yearly) on absolute basis
YearReturns
2020 13.7%
2019 12.7%
2018 -0.6%
2017 38.6%
2016 8.1%
2015 4.3%
2014 52.9%
2013 8.9%
2012 33.3%
2011 -19.6%
Fund Manager information for Mirae Asset India Equity Fund 
NameSinceTenure
Harshad Borawake1 May 173.92 Yr.
Gaurav Misra31 Jan 192.17 Yr.

Data below for Mirae Asset India Equity Fund  as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services35.84%
Technology14.86%
Energy12.05%
Consumer Defensive9.07%
Consumer Cyclical7.27%
Industrials7.03%
Health Care6.39%
Communication Services4.32%
Utility1.28%
Basic Materials1.19%
Asset Allocation
Asset ClassValue
Cash0.5%
Equity99.49%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
10%₹2,429 Cr15,830,823
↓ -377,000
Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY
10%₹2,255 Cr17,990,159
↑ 1,490,998
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Apr 08 | RELIANCE
9%₹2,091 Cr10,025,092
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹1,962 Cr32,824,066
↓ -382,520
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | 532215
4%₹1,004 Cr13,853,484
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 09 | TCS
4%₹979 Cr3,382,143
↑ 696,249
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 10 | BHARTIARTL
3%₹812 Cr14,599,840
↓ -1,357,358
State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN
3%₹755 Cr19,352,169
↓ -3,506,554
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Sep 15 | 500696
3%₹701 Cr3,286,598
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 18 | 500124
2%₹581 Cr1,312,784
↑ 147,763

7. Kotak Standard Multicap Fund

(Erstwhile Kotak Select Focus Fund)

The investment objective of the scheme is to generate long term appreciation from the portfolio of equity and equity related sectors, generally focussed on few selected sectors.

Kotak Standard Multicap Fund is a Equity - Multi Cap fund was launched on 11 Sep 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14% since its launch.  Ranked 3 in Multi Cap category.  Return for 2020 was 11.8% , 2019 was 12.3% and 2018 was -0.9% .

Below is the key information for Kotak Standard Multicap Fund

Kotak Standard Multicap Fund
Growth
Launch Date 11 Sep 09
NAV (09 Apr 21) ₹45.674 ↓ -0.16   (-0.35 %)
Net Assets (Cr) ₹34,515 on 28 Feb 21
Category Equity - Multi Cap
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 1.48
Sharpe Ratio 0.73
Information Ratio -0.16
Alpha Ratio -4.85
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹12,969
31 Mar 18₹14,357
31 Mar 19₹16,008
31 Mar 20₹12,188
31 Mar 21₹20,287

Kotak Standard Multicap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Kotak Standard Multicap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month -1.1%
3 Month 4.9%
6 Month 25.9%
1 Year 60.9%
3 Year 11.6%
5 Year 15.9%
10 Year
15 Year
Since launch 14%
Historical performance (Yearly) on absolute basis
YearReturns
2020 11.8%
2019 12.3%
2018 -0.9%
2017 34.3%
2016 9.4%
2015 3%
2014 57.9%
2013 6.1%
2012 33.5%
2011 -22.3%
Fund Manager information for Kotak Standard Multicap Fund
NameSinceTenure
Harsha Upadhyaya4 Aug 128.66 Yr.

Data below for Kotak Standard Multicap Fund as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services30.18%
Basic Materials15.98%
Industrials11.83%
Technology11.06%
Energy9.68%
Consumer Cyclical8.18%
Consumer Defensive5.7%
Health Care3.11%
Utility1.92%
Communication Services1.13%
Asset Allocation
Asset ClassValue
Cash1.21%
Equity98.77%
Debt0.01%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | ICICIBANK
8%₹2,690 Cr45,000,000
↑ 2,200,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jan 16 | RELIANCE
6%₹2,190 Cr10,500,000
↓ -1,100,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
6%₹2,133 Cr13,900,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 10 | INFY
6%₹2,043 Cr16,300,000
↓ -2,000,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | ULTRACEMCO
5%₹1,850 Cr3,025,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 18 | TCS
5%₹1,708 Cr5,900,000
↓ -760,611
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 12 | 532215
4%₹1,377 Cr19,000,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 30 Sep 13 | LT
4%₹1,298 Cr9,000,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Jan 20 | 500696
3%₹1,045 Cr4,900,000
↓ -300,000
State Bank of India (Financial Services)
Equity, Since 31 Jan 12 | SBIN
3%₹1,014 Cr26,000,000
↑ 8,500,000

8. Aditya Birla Sun Life Equity Fund

An Open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 90% equity and 10% debt and money market securities.

Aditya Birla Sun Life Equity Fund is a Equity - Multi Cap fund was launched on 27 Aug 98. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 22.3% since its launch.  Ranked 16 in Multi Cap category.  Return for 2020 was 16.1% , 2019 was 8.5% and 2018 was -4.1% .

Below is the key information for Aditya Birla Sun Life Equity Fund

Aditya Birla Sun Life Equity Fund
Growth
Launch Date 27 Aug 98
NAV (09 Apr 21) ₹955.56 ↓ -1.02   (-0.11 %)
Net Assets (Cr) ₹12,830 on 28 Feb 21
Category Equity - Multi Cap
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 1.89
Sharpe Ratio 0.71
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 100
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹13,500
31 Mar 18₹14,838
31 Mar 19₹15,750
31 Mar 20₹11,604
31 Mar 21₹20,187

Aditya Birla Sun Life Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Aditya Birla Sun Life Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month -0.1%
3 Month 3.5%
6 Month 29.1%
1 Year 66%
3 Year 10.5%
5 Year 15.7%
10 Year
15 Year
Since launch 22.3%
Historical performance (Yearly) on absolute basis
YearReturns
2020 16.1%
2019 8.5%
2018 -4.1%
2017 33.5%
2016 15.2%
2015 2.9%
2014 56.6%
2013 7.1%
2012 35.7%
2011 -29.4%
Fund Manager information for Aditya Birla Sun Life Equity Fund
NameSinceTenure
Anil Shah3 Oct 128.5 Yr.

Data below for Aditya Birla Sun Life Equity Fund as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services31.88%
Basic Materials14.05%
Health Care13.34%
Technology12.61%
Communication Services8.24%
Consumer Cyclical5.72%
Consumer Defensive5.07%
Industrials3.21%
Energy1.76%
Utility1.12%
Asset Allocation
Asset ClassValue
Cash2.89%
Equity97.11%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
10%₹1,223 Cr20,455,304
↓ -1,284,696
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
8%₹1,060 Cr6,907,231
Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY
7%₹892 Cr7,115,162
↑ 85,547
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL
5%₹697 Cr12,521,721
↓ -1,000,000
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 28 Feb 15 | 500124
5%₹684 Cr1,544,706
↑ 8,754
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 30 Nov 11 | HCLTECH
4%₹457 Cr5,026,624
↑ 250,000
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Dec 18 | SUNPHARMA
3%₹406 Cr6,832,678
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
3%₹336 Cr639,039
↑ 91,508
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | KOTAKBANK
3%₹324 Cr1,817,315
↓ -18,609
ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 19 | 540716
2%₹292 Cr2,045,138
↑ 70,000

9. Franklin India Equity Fund

(Erstwhile Franklin India Prima Plus)

The investment objective of Prima Plus is to provide growth of capital plus regular dividend through a diversified portfolio of equities, fixed income securities and money market instruments.

Franklin India Equity Fund is a Equity - Multi Cap fund was launched on 29 Sep 94. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 17.8% since its launch.  Ranked 50 in Multi Cap category.  Return for 2020 was 16% , 2019 was 3.3% and 2018 was -4.4% .

Below is the key information for Franklin India Equity Fund

Franklin India Equity Fund
Growth
Launch Date 29 Sep 94
NAV (09 Apr 21) ₹773.229 ↓ -1.45   (-0.19 %)
Net Assets (Cr) ₹9,590 on 28 Feb 21
Category Equity - Multi Cap
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately High
Expense Ratio 1.83
Sharpe Ratio 1
Information Ratio -0.22
Alpha Ratio 4.29
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹12,044
31 Mar 18₹13,036
31 Mar 19₹13,943
31 Mar 20₹9,616
31 Mar 21₹17,781

Franklin India Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for Franklin India Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month -2.5%
3 Month 7.6%
6 Month 37.2%
1 Year 73.4%
3 Year 10.4%
5 Year 12.6%
10 Year
15 Year
Since launch 17.8%
Historical performance (Yearly) on absolute basis
YearReturns
2020 16%
2019 3.3%
2018 -4.4%
2017 30.6%
2016 5%
2015 4.4%
2014 56.8%
2013 5.5%
2012 31%
2011 -16.4%
Fund Manager information for Franklin India Equity Fund
NameSinceTenure
Anand Radhakrishnan2 Apr 0714.01 Yr.
R. Janakiraman1 Feb 1110.17 Yr.
Mayank Bukrediwala24 Aug 200.6 Yr.

Data below for Franklin India Equity Fund as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services28.77%
Technology11.12%
Consumer Cyclical10.14%
Industrials9.68%
Consumer Defensive7.81%
Communication Services7%
Basic Materials6.52%
Health Care5.35%
Utility4.24%
Energy2.86%
Asset Allocation
Asset ClassValue
Cash6.5%
Equity93.5%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | HDFCBANK
8%₹767 Cr5,000,000
↓ -500,000
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
7%₹664 Cr5,300,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | ICICIBANK
7%₹658 Cr11,000,000
↓ -1,000,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 532215
6%₹616 Cr8,500,000
↓ -300,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 06 | BHARTIARTL
6%₹612 Cr11,000,000
↓ -500,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Aug 13 | LT
4%₹418 Cr2,900,000
↓ -100,000
State Bank of India (Financial Services)
Equity, Since 31 Aug 15 | SBIN
4%₹390 Cr10,000,000
↓ -3,500,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 30 Jun 14 | TATAMOTORS
3%₹323 Cr10,000,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Oct 14 | M&M
3%₹242 Cr3,000,000
↓ -200,000
NTPC Ltd (Utilities)
Equity, Since 28 Feb 17 | 532555
2%₹236 Cr22,000,000
↑ 500,000

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Smart Tips to Choose Best Diversified Mutual Funds

An ideal diversified fund should pass through the below mentioned parameters:

1. Compare Returns across Diversified Funds within the Same Category

One of the most basic forms of benchmarking involves comparing a fund within the similar category. When evaluating a Large cap fund, you should compare its returns with other matching large cap diversified equity funds. Comparing it with mid-cap diversified equity funds will not give an accurate result as the risk and reward relation between both large cap & mid cap funds are not comparable. Diversified funds, as the same goes invest across market caps and hence one should compare them with funds with a similar mandate.

An additional Factor in evaluating a diversified fund is the timeframe. As equities are equipped to deliver returns over longer time frames (above 5 years), investments in diversified funds should be made for a long-term period. Evaluating a diversified fund over a longer time frame will help you to gauge its performance during a boom-and-bust cycle. Investors can analyze the consistency of the returns of a diversified fund by reviewing its performances during different market phases along with the category average. Having said this, establishing the correct peer group is important, this forms the Basis for comparison for returns, volatility and thus helps in final funds selection.

2. Check Diversified Fund Returns against the Benchmark Index

It is compulsory for every diversified fund to mention a benchmark index in its offer document. This benchmark index is an indicator to judge if the diversified fund has performed well. While evaluating the performance of a diversified fund, investors should take into account longer time cycles of 3 years, 5 years or even 10 years. Those funds that outperform their benchmark indices constantly, should be considered for investment.

3. Weigh the Consistency of the Fund

Apart from the benchmark index evaluation, investors should also evaluate the historical performance of a fund. In the long term, many diversified funds tend to plunge during the market downturn and even below their benchmark indices and category average. Only a few tend to sustain their performances in all market conditions. Picking a fund that performs well in upturns and downturns well is important, else you will end up with a fund that may do well, but only to see later that all returns get wiped out in a downturn.Thus, an investor should make sure that they include the most consistent performers in their portfolio.

4. Be Aware of the Risks in a Fund

Before investing, one must do a risk-return analysis of a diversified fund. To do so, one must look at some of the important ratios, such as:

a. Alpha

Alpha is a measure of diversified fund’s performance on a risk-adjusted basis. It measures on how much the fund or stock has performed in the general market on a risk adjusted basis. A positive alpha of 1 means that the fund has outperformed its benchmark index by 1%, while a negative alpha of -1 would indicate that the fund has produced 1% lower returns than its market benchmark. So, basically, an investor’s strategy should be to buy securities or mutual funds with positive alpha.

b. Beta

Beta measures volatility of a diversified fund compared to its benchmark index. Beta is denoted in positive or negative figures. A beta of 1 signifies that the stock’s price or mutual fund NAV moves in line with the market. A beta of a greater than 1 designates that the stock is riskier than the market, and a beta of less than 1 means that the stock is less risky than the market. So, lower beta is better in a falling market. In a rising market, high-beta is better.

c. Standard Deviation (SD)

SD is a statistical measure representing the volatility or risk in a fund. The higher the SD, higher will be the fluctuations in the returns. Ideally, investors look for funds with a lower Standard Deviation.

d. Sharpe Ratio (SR)

Sharpe Ratio measures returns (both negative & positive) with respect to the risk taken. Here the risk is defined by the Standard Deviation. A higher Sharpe ratio means, a higher return without too much risk. Thus, while investing, investors should choose a diversified fund that shows a higher Sharpe Ratio. Again, it is advisable for an investor to evaluate the SD and SR of a diversified fund on a historical basis so as to pick the most consistent performers.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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