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Best Performing Equity Mutual Funds 2024 | Fincash.com

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Best Equity Mutual Funds 2024 - 2025

Updated on October 10, 2024 , 57052 views

An equity fund is a mutual fund that invests principally in stocks. It can be actively or passively (index fund) managed. These are also known as stock funds.

Best Equity Funds

Equity Funds should be the vehicle of choice when Investing for long-term goals as they have created huge profits for investors in the past few years. But as there is a wide choice before investors, choosing the right equity fund becomes critical.

With right qualitative and quantitative measures (discussed below), one can ideally choose the best equity Mutual Funds to invest.

Why to Invest in Equity Funds?

1. Liquidity

Since stocks are actively traded across all major exchanges, every day, this makes equity funds a highly liquid investment. It provides investors, the convenience of buying and selling their stocks depending on the Market situation. By investing in equity mutual funds, the money is usually credited to your Bank account in 3 days.

2. Dividend Income

Investing into blue-chip companies may help investors earn a steady Income in the form of dividends. A majority of such companies usually pay out regular dividends even in volatile market conditions, typically paid quarterly. Having a diversified Portfolio can provide investors with a steady dividend income in the year.

3. Portfolio Diversification

With best equity mutual funds investors can diversify their portfolio through regularly investing. It means that they can invest in stocks of different economic sectors. So, even if a particular stock drops in value, the others may help investors make up for that loss depending on the market situation.

4. Ideal Investment Vehicle

In many ways, equity funds are ideal investment vehicles for investors that are not as well-versed in financial investing or do not possess a large amount of Capital with which to invest. They are practical investments for most people.

The attributes that make equity funds most suitable for small individual investors are the reduction of risk resulting from a fund's portfolio diversification and the relatively small amount of capital required to acquire shares of an equity fund. A large amount of investment capital would be required for an individual investor to achieve a similar degree of risk reduction through diversification of a portfolio of direct stock holdings. Pooling small investors capital allows an equity fund to diversify effectively without burdening each investor with large capital requirements.

Equity NAV

The price of the equity fund is based on the fund's net asset value (NAV) less its liabilities. A more diversified fund means that there is less negative effect of an individual stock's adverse price movement on the overall portfolio and on the share price of the equity fund.

Equity funds are managed by experienced professional portfolio managers, and their past performance is a matter of public record. Transparency and reporting requirements for equity funds are heavily regulated by the Security Exchange Board of India (SEBI)

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Top Equity Mutual Funds 2024

Best equity mutual funds are categorised according to its types- ELSS, Large cap funds, mid cap funds, Small cap funds, Diversified Funds, sector funds and Balanced Fund.

5 Best Large Cap Equity Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
Nippon India Large Cap Fund Growth ₹89.4677
↓ -0.12
₹32,8841.911.335.320.222.232.1
ICICI Prudential Bluechip Fund Growth ₹108.97
↓ -0.13
₹64,223311.836.818.121.227.4
HDFC Top 100 Fund Growth ₹1,159.68
↓ -0.74
₹37,7832.910.632.817.82030
BNP Paribas Large Cap Fund Growth ₹229.856
↑ 0.14
₹2,3433.113.740.816.819.824.8
DSP BlackRock TOP 100 Equity Growth ₹468.681
↓ -1.03
₹4,457516.639.115.817.726.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Oct 24

5 Best Mid Cap Equity Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
Edelweiss Mid Cap Fund Growth ₹101.919
↑ 0.80
₹7,4017.4276025.331.938.4
Invesco India Mid Cap Fund Growth ₹170.47
↑ 0.59
₹5,5899.327.857.624.129.634.1
ICICI Prudential MidCap Fund Growth ₹297.87
↑ 0.99
₹6,6252.619.65321.527.232.8
TATA Mid Cap Growth Fund Growth ₹443.143
↑ 1.28
₹4,5140.316.241.721.227.140.5
BNP Paribas Mid Cap Fund Growth ₹105.717
↑ 0.69
₹2,2253.720.346.420.928.232.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Oct 24

5 Best Small Cap Equity Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
Nippon India Small Cap Fund Growth ₹180.88
↑ 0.41
₹61,0002.822.346.228.737.848.9
L&T Emerging Businesses Fund Growth ₹89.4477
↑ 0.96
₹16,9054.122.543.525.632.646.1
IDBI Small Cap Fund Growth ₹33.8251
↑ 0.26
₹3483.828.751.825.331.233.4
Franklin India Smaller Companies Fund Growth ₹182.931
↑ 0.46
₹14,4230.217.84224.930.652.1
HDFC Small Cap Fund Growth ₹141.317
↑ 0.65
₹33,8943.11433.422.630.344.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Oct 24

5 Best Large & Mid Cap Equity Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
IDFC Core Equity Fund Growth ₹135.403
↑ 0.25
₹6,553519.551.7242636.2
Principal Emerging Bluechip Fund Growth ₹183.316
↑ 2.03
₹3,1242.913.638.921.919.2
Invesco India Growth Opportunities Fund Growth ₹97.03
↑ 0.39
₹6,2058.524.357.721.723.331.6
HDFC Growth Opportunities Fund Growth ₹344.479
↑ 0.65
₹23,7123.115.640.821.726.237.7
ICICI Prudential Large & Mid Cap Fund Growth ₹985.12
↓ -0.61
₹16,5874.415.14421.62629.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Oct 24

5 Best Equity Linked Savings Schemes (ELSS)

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
Motilal Oswal Long Term Equity Fund Growth ₹55.4597
↑ 0.29
₹3,98413.129.267.826.726.237
SBI Magnum Tax Gain Fund Growth ₹444.392
↓ -0.31
₹28,0003.215.351.125.327.140
HDFC Tax Saver Fund Growth ₹1,377.66
↓ -4.22
₹16,4223.615.843.522.52333.2
IDBI Equity Advantage Fund Growth ₹43.39
↑ 0.04
₹4859.715.116.920.810
HDFC Long Term Advantage Fund Growth ₹595.168
↑ 0.28
₹1,3181.215.435.520.617.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Oct 24

5 Best Diversified/Multi Cap Equity Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
Nippon India Multi Cap Fund Growth ₹303.254
↓ -0.02
₹38,1153.218.744.726.527.338.1
JM Multicap Fund Growth ₹106.636
↑ 0.16
₹4,2280.520.253.92626.240
HDFC Equity Fund Growth ₹1,910.94
↓ -3.91
₹63,4364.216.242.723.82530.6
ICICI Prudential Multicap Fund Growth ₹804.37
↓ -0.33
₹14,2804.215.543.12123.735.4
Motilal Oswal Multicap 35 Fund Growth ₹63.4775
↑ 0.43
₹11,72812.227.260.620.519.731
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Oct 24

5 Best Sector Equity Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
LIC MF Infrastructure Fund Growth ₹52.0857
↑ 0.19
₹725-0.831.671.433.330.244.4
Invesco India PSU Equity Fund Growth ₹65.42
↑ 0.22
₹1,593-7.713.267.532.830.554.5
IDFC Infrastructure Fund Growth ₹54.821
↓ -0.14
₹1,965-3.320.666.831.532.150.3
Canara Robeco Infrastructure Growth ₹167.38
↑ 0.10
₹8870.126.564.431.531.341.2
SBI PSU Fund Growth ₹32.9943
↑ 0.11
₹4,851-3.99.263.835.127.854
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Oct 24

5 Best Focused Equity Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
HDFC Focused 30 Fund Growth ₹220.743
↓ -0.24
₹14,3304.416.542.424.824.429.6
ICICI Prudential Focused Equity Fund Growth ₹89.44
↓ -0.12
₹10,0935.117.947.821.125.828.3
Franklin India Focused Equity Fund Growth ₹109.977
↓ -0.03
₹12,7402.513.536.318.223.123.5
Sundaram Select Focus Fund Growth ₹264.968
↓ -1.18
₹1,354-58.524.51717.3
DSP BlackRock Focus Fund Growth ₹55.482
↑ 0.14
₹2,6675.622.141.71718.934.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Oct 24

5 Best Dividend Yield Equity Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
ICICI Prudential Dividend Yield Equity Fund Growth ₹52.71
↓ -0.03
₹4,8414.214.448.425.12838.8
Aditya Birla Sun Life Dividend Yield Fund Growth ₹483.36
↓ -0.76
₹1,600616.947.223.226.440.3
Templeton India Equity Income Fund Growth ₹147.069
↓ -0.02
₹2,5613.213.948.522.52733.3
UTI Dividend Yield Fund Growth ₹184.778
↓ -0.29
₹4,460623.349.818.823.835.4
Principal Dividend Yield Fund Growth ₹142.307
↓ -0.13
₹9871.911.839.717.522.834
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Oct 24

5 Best Value Equity Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
JM Value Fund Growth ₹106.313
↓ -0.10
₹1,054-0.519.248.826.327.147.7
L&T India Value Fund Growth ₹110.525
↑ 0.43
₹13,8722.116.346.523.126.839.4
ICICI Prudential Value Discovery Fund Growth ₹461.14
↓ -0.73
₹50,154514.740.922.827.631.4
Templeton India Value Fund Growth ₹745.158
↑ 1.10
₹2,2790.612.839.422.527.133.7
Nippon India Value Fund Growth ₹231.196
↑ 0.30
₹8,7524.61750.722.326.742.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Oct 24

*Below is list of Equity Funds having AUM >= 50 Crore having best returns in last 1 Year.

1. LIC MF Infrastructure Fund

The investment objective of the scheme is to provide long term growth from a portfolio of equity / equity related instruments of companies engaged either directly or indirectly in the infrastructure sector.

LIC MF Infrastructure Fund is a Equity - Sectoral fund was launched on 29 Feb 08. It is a fund with High risk and has given a CAGR/Annualized return of 10.4% since its launch.  Return for 2023 was 44.4% , 2022 was 7.9% and 2021 was 46.6% .

Below is the key information for LIC MF Infrastructure Fund

LIC MF Infrastructure Fund
Growth
Launch Date 29 Feb 08
NAV (11 Oct 24) ₹52.0857 ↑ 0.19   (0.36 %)
Net Assets (Cr) ₹725 on 31 Aug 24
Category Equity - Sectoral
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk High
Expense Ratio 2.3
Sharpe Ratio 3.65
Information Ratio 0.84
Alpha Ratio 26.87
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
30 Sep 19₹10,000
30 Sep 20₹8,670
30 Sep 21₹15,042
30 Sep 22₹16,606
30 Sep 23₹21,079
30 Sep 24₹36,513

LIC MF Infrastructure Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹642,208.
Net Profit of ₹342,208
Invest Now

Returns for LIC MF Infrastructure Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Oct 24

DurationReturns
1 Month 1.7%
3 Month -0.8%
6 Month 31.6%
1 Year 71.4%
3 Year 33.3%
5 Year 30.2%
10 Year
15 Year
Since launch 10.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 44.4%
2022 7.9%
2021 46.6%
2020 -0.1%
2019 13.3%
2018 -14.6%
2017 42.2%
2016 -2.2%
2015 -6.2%
2014 49.6%
Fund Manager information for LIC MF Infrastructure Fund
NameSinceTenure
Yogesh Patil18 Sep 203.96 Yr.
Mahesh Bendre1 Jul 240.17 Yr.

Data below for LIC MF Infrastructure Fund as on 31 Aug 24

Equity Sector Allocation
SectorValue
Industrials54.07%
Basic Materials10.78%
Consumer Cyclical7.82%
Utility6.16%
Financial Services5.91%
Technology2.75%
Health Care2.23%
Communication Services2.1%
Real Estate1.77%
Energy1.18%
Asset Allocation
Asset ClassValue
Cash5.23%
Equity94.77%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Schneider Electric Infrastructure Ltd (Industrials)
Equity, Since 31 Dec 23 | SCHNEIDER
4%₹27 Cr324,490
Garware Hi-Tech Films Ltd (Basic Materials)
Equity, Since 31 Aug 23 | 500655
4%₹26 Cr78,425
↑ 3,834
Cummins India Ltd (Industrials)
Equity, Since 31 May 21 | CUMMINSIND
3%₹25 Cr65,432
↑ 17,704
Bharat Bijlee Ltd (Industrials)
Equity, Since 31 Jul 22 | BBL
3%₹24 Cr44,119
Shakti Pumps (India) Ltd (Industrials)
Equity, Since 31 Mar 24 | SHAKTIPUMP
3%₹22 Cr50,196
↑ 6,320
ISGEC Heavy Engineering Ltd (Industrials)
Equity, Since 31 Jul 24 | 533033
3%₹20 Cr143,752
↑ 46,366
DEE Development Engineers Ltd (Industrials)
Equity, Since 30 Jun 24 | DEEDEV
2%₹18 Cr510,671
↑ 173,823
REC Ltd (Financial Services)
Equity, Since 31 Jul 23 | RECLTD
2%₹18 Cr282,878
↑ 95,059
GE T&D India Ltd (Industrials)
Equity, Since 31 Jan 24 | GET&D
2%₹16 Cr95,179
Yatharth Hospital and Trauma Care Services Ltd (Healthcare)
Equity, Since 30 Jun 24 | 543950
2%₹16 Cr309,230

2. Motilal Oswal Midcap 30 Fund 

(Erstwhile Motilal Oswal MOSt Focused Midcap 30 Fund)

The investment objective of the Scheme is to achieve long term capital appreciation by investing in a maximum of 30 quality mid-cap companies having long-term competitive advantages and potential for growth. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Motilal Oswal Midcap 30 Fund  is a Equity - Mid Cap fund was launched on 24 Feb 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 25.1% since its launch.  Ranked 27 in Mid Cap category.  Return for 2023 was 41.7% , 2022 was 10.7% and 2021 was 55.8% .

Below is the key information for Motilal Oswal Midcap 30 Fund 

Motilal Oswal Midcap 30 Fund 
Growth
Launch Date 24 Feb 14
NAV (11 Oct 24) ₹108.522 ↑ 0.74   (0.69 %)
Net Assets (Cr) ₹15,940 on 31 Aug 24
Category Equity - Mid Cap
AMC Motilal Oswal Asset Management Co. Ltd
Rating
Risk Moderately High
Expense Ratio 0.66
Sharpe Ratio 2.94
Information Ratio 1.11
Alpha Ratio 15.07
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
30 Sep 19₹10,000
30 Sep 20₹9,728
30 Sep 21₹16,314
30 Sep 22₹20,069
30 Sep 23₹24,293
30 Sep 24₹41,736

Motilal Oswal Midcap 30 Fund  SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹705,310.
Net Profit of ₹405,310
Invest Now

Returns for Motilal Oswal Midcap 30 Fund 

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Oct 24

DurationReturns
1 Month 3.9%
3 Month 12.3%
6 Month 33%
1 Year 70.6%
3 Year 35.5%
5 Year 34%
10 Year
15 Year
Since launch 25.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 41.7%
2022 10.7%
2021 55.8%
2020 9.3%
2019 9.7%
2018 -12.7%
2017 30.8%
2016 5.2%
2015 16.5%
2014
Fund Manager information for Motilal Oswal Midcap 30 Fund 
NameSinceTenure
Niket Shah1 Jul 204.17 Yr.
Rakesh Shetty22 Nov 221.78 Yr.
Sunil Sawant1 Jul 240.17 Yr.

Data below for Motilal Oswal Midcap 30 Fund  as on 31 Aug 24

Equity Sector Allocation
SectorValue
Industrials23.28%
Technology20.63%
Consumer Cyclical17.61%
Financial Services6.64%
Health Care4.4%
Basic Materials4.29%
Real Estate1.43%
Asset Allocation
Asset ClassValue
Cash21.72%
Equity78.28%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | KALYANKJIL
10%₹1,538 Cr25,000,000
↑ 5,750,000
Polycab India Ltd (Industrials)
Equity, Since 30 Sep 23 | POLYCAB
9%₹1,431 Cr2,100,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 23 | PERSISTENT
9%₹1,403 Cr2,713,800
↓ -36,200
Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Aug 23 | 543940
7%₹1,058 Cr32,900,000
↓ -600,000
Coforge Ltd (Technology)
Equity, Since 31 Mar 23 | COFORGE
6%₹1,015 Cr1,600,000
↑ 100,000
Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 20 | 540762
6%₹907 Cr2,250,000
↑ 100,000
Voltas Ltd (Industrials)
Equity, Since 31 Oct 17 | 500575
5%₹872 Cr5,000,000
↑ 2,000,000
Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 543320
4%₹639 Cr25,500,000
↑ 500,000
Balkrishna Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 23 | 502355
4%₹630 Cr2,225,998
↓ -24,002
KPIT Technologies Ltd (Technology)
Equity, Since 31 Jan 23 | KPITTECH
3%₹545 Cr3,000,000

3. Motilal Oswal Long Term Equity Fund

(Erstwhile Motilal Oswal MOSt Focused Long Term Fund)

The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Motilal Oswal Long Term Equity Fund is a Equity - ELSS fund was launched on 21 Jan 15. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 19.3% since its launch.  Return for 2023 was 37% , 2022 was 1.8% and 2021 was 32.1% .

Below is the key information for Motilal Oswal Long Term Equity Fund

Motilal Oswal Long Term Equity Fund
Growth
Launch Date 21 Jan 15
NAV (11 Oct 24) ₹55.4597 ↑ 0.29   (0.52 %)
Net Assets (Cr) ₹3,984 on 31 Aug 24
Category Equity - ELSS
AMC Motilal Oswal Asset Management Co. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 0.74
Sharpe Ratio 3.66
Information Ratio 0.88
Alpha Ratio 15.26
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 19₹10,000
30 Sep 20₹9,154
30 Sep 21₹15,242
30 Sep 22₹14,688
30 Sep 23₹18,482
30 Sep 24₹30,785

Motilal Oswal 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 ₹584,107.
Net Profit of ₹284,107
Invest Now

Returns for Motilal Oswal 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 11 Oct 24

DurationReturns
1 Month 4.7%
3 Month 13.1%
6 Month 29.2%
1 Year 67.8%
3 Year 26.7%
5 Year 26.2%
10 Year
15 Year
Since launch 19.3%
Historical performance (Yearly) on absolute basis
YearReturns
2023 37%
2022 1.8%
2021 32.1%
2020 8.8%
2019 13.2%
2018 -8.7%
2017 44%
2016 12.5%
2015
2014
Fund Manager information for Motilal Oswal Long Term Equity Fund
NameSinceTenure
Ajay Khandelwal11 Dec 230.73 Yr.
Niket Shah17 Oct 230.88 Yr.
Rakesh Shetty22 Nov 221.78 Yr.

Data below for Motilal Oswal Long Term Equity Fund as on 31 Aug 24

Equity Sector Allocation
SectorValue
Industrials34.17%
Consumer Cyclical26.15%
Financial Services16.54%
Real Estate8.24%
Health Care5.63%
Technology2.68%
Basic Materials2.46%
Asset Allocation
Asset ClassValue
Cash4.13%
Equity95.87%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | TRENT
8%₹315 Cr439,590
Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 543320
8%₹314 Cr12,550,000
Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | KALYANKJIL
5%₹203 Cr3,296,932
Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Oct 23 | PRESTIGE
5%₹191 Cr1,055,205
Suzlon Energy Ltd (Industrials)
Equity, Since 31 Jan 24 | 532667
5%₹183 Cr24,068,813
Inox Wind Ltd (Industrials)
Equity, Since 31 Dec 23 | INOXWIND
4%₹176 Cr7,946,960
Kaynes Technology India Ltd (Industrials)
Equity, Since 30 Jun 23 | 543664
4%₹142 Cr298,614
Phoenix Mills Ltd (Real Estate)
Equity, Since 29 Feb 24 | PHOENIXLTD
3%₹137 Cr363,473
Apar Industries Ltd (Industrials)
Equity, Since 31 Dec 23 | APARINDS
3%₹136 Cr148,305
CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 30 Nov 23 | 500093
3%₹131 Cr1,875,000

4. Invesco India PSU Equity Fund

To generate capital appreciation by investing in Equity and Equity Related Instruments of companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Invesco India PSU Equity Fund is a Equity - Sectoral fund was launched on 18 Nov 09. It is a fund with High risk and has given a CAGR/Annualized return of 13.4% since its launch.  Ranked 33 in Sectoral category.  Return for 2023 was 54.5% , 2022 was 20.5% and 2021 was 31.1% .

Below is the key information for Invesco India PSU Equity Fund

Invesco India PSU Equity Fund
Growth
Launch Date 18 Nov 09
NAV (11 Oct 24) ₹65.42 ↑ 0.22   (0.34 %)
Net Assets (Cr) ₹1,593 on 31 Aug 24
Category Equity - Sectoral
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk High
Expense Ratio 2.39
Sharpe Ratio 3.02
Information Ratio -1.25
Alpha Ratio 3.93
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
30 Sep 19₹10,000
30 Sep 20₹9,785
30 Sep 21₹15,374
30 Sep 22₹15,856
30 Sep 23₹22,370
30 Sep 24₹38,033

Invesco India PSU 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 ₹642,208.
Net Profit of ₹342,208
Invest Now

Returns for Invesco India PSU 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 11 Oct 24

DurationReturns
1 Month 0.7%
3 Month -7.7%
6 Month 13.2%
1 Year 67.5%
3 Year 32.8%
5 Year 30.5%
10 Year
15 Year
Since launch 13.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 54.5%
2022 20.5%
2021 31.1%
2020 6.1%
2019 10.1%
2018 -16.9%
2017 24.3%
2016 17.9%
2015 2.5%
2014 54.5%
Fund Manager information for Invesco India PSU Equity Fund
NameSinceTenure
Dhimant Kothari19 May 204.29 Yr.

Data below for Invesco India PSU Equity Fund as on 31 Aug 24

Equity Sector Allocation
SectorValue
Industrials28.85%
Financial Services25.1%
Utility22.41%
Energy18.04%
Basic Materials2.51%
Asset Allocation
Asset ClassValue
Cash3.1%
Equity96.9%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
NTPC Ltd (Utilities)
Equity, Since 31 May 19 | 532555
9%₹141 Cr3,395,042
↑ 53,835
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | 500112
7%₹117 Cr1,430,946
Bharat Electronics Ltd (Industrials)
Equity, Since 31 Mar 17 | BEL
7%₹108 Cr3,603,295
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 18 | 500547
6%₹99 Cr2,775,528
Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 31 Aug 24 | 500312
6%₹98 Cr2,953,692
↑ 2,953,692
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Sep 17 | 540719
5%₹86 Cr465,309
Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | HAL
5%₹86 Cr182,992
↓ -29,180
Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 22 | POWERGRID
5%₹80 Cr2,360,416
↓ -1,557,925
REC Ltd (Financial Services)
Equity, Since 31 Aug 23 | RECLTD
4%₹71 Cr1,144,551
Indian Railway Catering And Tourism Corp Ltd (Industrials)
Equity, Since 30 Apr 24 | 542830
4%₹61 Cr650,971

5. IDFC Infrastructure Fund

The investment objective of the scheme is to seek to generate long-term capital growth through an active diversified portfolio of predominantly equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities. However, there can be no assurance that the investment objective of the scheme will be realized.

IDFC Infrastructure Fund is a Equity - Sectoral fund was launched on 8 Mar 11. It is a fund with High risk and has given a CAGR/Annualized return of 13.3% since its launch.  Ranked 1 in Sectoral category.  Return for 2023 was 50.3% , 2022 was 1.7% and 2021 was 64.8% .

Below is the key information for IDFC Infrastructure Fund

IDFC Infrastructure Fund
Growth
Launch Date 8 Mar 11
NAV (11 Oct 24) ₹54.821 ↓ -0.14   (-0.25 %)
Net Assets (Cr) ₹1,965 on 31 Aug 24
Category Equity - Sectoral
AMC IDFC Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.33
Sharpe Ratio 3.46
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Sep 19₹10,000
30 Sep 20₹8,263
30 Sep 21₹16,596
30 Sep 22₹17,012
30 Sep 23₹22,925
30 Sep 24₹39,511

IDFC Infrastructure Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹673,113.
Net Profit of ₹373,113
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Returns for IDFC Infrastructure Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Oct 24

DurationReturns
1 Month 0.1%
3 Month -3.3%
6 Month 20.6%
1 Year 66.8%
3 Year 31.5%
5 Year 32.1%
10 Year
15 Year
Since launch 13.3%
Historical performance (Yearly) on absolute basis
YearReturns
2023 50.3%
2022 1.7%
2021 64.8%
2020 6.3%
2019 -5.3%
2018 -25.9%
2017 58.7%
2016 10.7%
2015 -0.2%
2014 43.2%
Fund Manager information for IDFC Infrastructure Fund
NameSinceTenure
Vishal Biraia24 Jan 240.6 Yr.
Ritika Behera7 Oct 230.9 Yr.
Gaurav Satra7 Jun 240.24 Yr.

Data below for IDFC Infrastructure Fund as on 31 Aug 24

Equity Sector Allocation
SectorValue
Industrials52.47%
Utility10.82%
Basic Materials10.6%
Communication Services6.43%
Energy3.99%
Consumer Cyclical3.87%
Financial Services3.58%
Technology2.29%
Health Care1.41%
Asset Allocation
Asset ClassValue
Cash4.54%
Equity95.46%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Kirloskar Brothers Ltd (Industrials)
Equity, Since 31 Dec 17 | 500241
4%₹80 Cr443,385
↑ 8,933
GPT Infraprojects Ltd (Industrials)
Equity, Since 30 Nov 17 | 533761
4%₹77 Cr4,384,900
↑ 1,145,000
PTC India Financial Services Ltd (Financial Services)
Equity, Since 31 Dec 23 | PFS
4%₹70 Cr12,200,218
↑ 1,724,925
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 24 | 500325
3%₹68 Cr226,353
↑ 65,263
Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Dec 23 | 532921
3%₹64 Cr434,979
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | 500510
3%₹64 Cr171,447
Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 30 Apr 15 | AHLUCONT
3%₹60 Cr470,125
↑ 38,887
Indus Towers Ltd Ordinary Shares (Communication Services)
Equity, Since 31 Dec 23 | 534816
3%₹57 Cr1,252,522
↓ -58,513
H.G. Infra Engineering Ltd Ordinary Shares (Industrials)
Equity, Since 28 Feb 18 | HGINFRA
3%₹50 Cr321,984
↑ 190,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 19 | 532454
2%₹46 Cr289,163

6. Canara Robeco Infrastructure

T o g e n e r a t e income/capital appreciation by investing in equities and equity related instruments of companies in the infrastructure sector. However, there can be no assurance that the investment objective of the scheme will be realized.

Canara Robeco Infrastructure is a Equity - Sectoral fund was launched on 2 Dec 05. It is a fund with High risk and has given a CAGR/Annualized return of 16.1% since its launch.  Return for 2023 was 41.2% , 2022 was 9% and 2021 was 56.1% .

Below is the key information for Canara Robeco Infrastructure

Canara Robeco Infrastructure
Growth
Launch Date 2 Dec 05
NAV (11 Oct 24) ₹167.38 ↑ 0.10   (0.06 %)
Net Assets (Cr) ₹887 on 31 Aug 24
Category Equity - Sectoral
AMC Canara Robeco Asset Management Co. Ltd.
Rating Not Rated
Risk High
Expense Ratio 2.47
Sharpe Ratio 3.02
Information Ratio 0
Alpha Ratio 0
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
30 Sep 19₹10,000
30 Sep 20₹9,157
30 Sep 21₹16,395
30 Sep 22₹18,425
30 Sep 23₹23,118
30 Sep 24₹38,416

Canara Robeco Infrastructure SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹657,502.
Net Profit of ₹357,502
Invest Now

Returns for Canara Robeco Infrastructure

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Oct 24

DurationReturns
1 Month 3.4%
3 Month 0.1%
6 Month 26.5%
1 Year 64.4%
3 Year 31.5%
5 Year 31.3%
10 Year
15 Year
Since launch 16.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 41.2%
2022 9%
2021 56.1%
2020 9%
2019 2.3%
2018 -19.1%
2017 40.2%
2016 2.1%
2015 6.7%
2014 69.9%
Fund Manager information for Canara Robeco Infrastructure
NameSinceTenure
Vishal Mishra26 Jun 213.19 Yr.
Shridatta Bhandwaldar29 Sep 185.93 Yr.

Data below for Canara Robeco Infrastructure as on 31 Aug 24

Equity Sector Allocation
SectorValue
Industrials52.82%
Utility9.35%
Energy8.47%
Basic Materials6.58%
Financial Services6.44%
Technology5.43%
Communication Services3.22%
Consumer Cyclical1.85%
Real Estate1.8%
Asset Allocation
Asset ClassValue
Cash4.04%
Equity95.96%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 11 | 500510
7%₹62 Cr168,401
↑ 4,000
NTPC Ltd (Utilities)
Equity, Since 30 Nov 18 | 532555
6%₹50 Cr1,200,716
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 22 | 500325
5%₹42 Cr137,500
Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Oct 09 | POWERGRID
4%₹33 Cr977,546
Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 23 | PFC
4%₹31 Cr565,000
↑ 40,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 24 | 532454
3%₹29 Cr180,000
Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 31 Aug 23 | POWERINDIA
3%₹28 Cr23,000
Siemens Ltd (Industrials)
Equity, Since 30 Apr 20 | 500550
3%₹27 Cr38,550
Voltas Ltd (Industrials)
Equity, Since 31 Mar 24 | 500575
3%₹26 Cr150,500
↑ 20,000
CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 31 Oct 23 | 500093
3%₹26 Cr375,000
↑ 20,000

Smart Tips to Choose Best Equity Funds for 2024

A perfect way to invest in the best equity mutual funds is by looking at its both qualitative and quantitative measures.

1. Qualitative Measures

a. Know Your Fund Manager

The credit of performance of a Mutual Fund scheme lies with the fund manager. A fund manager is responsible for making investment decisions for the fund’s portfolio. So, investors should go through the performance of the funds managed by the particular fund manager, especially during the tough market phases. Also, investors should give more priority to a fund manager who has an experience of managing a similar kind of funds, for example- small and mid caps. Going for a fund manager who has been consistent over his career is a preferred choice.

b. Fund House Reputation

While choosing the best equity mutual funds to invest, always look at the quality & reputation of the fund house. A fund house with a long-standing record, large assets under management, star funds or good performing fund etc., is the one to invest in. Hence a fund house having a strong presence in the financial Industry with a consistent track record should be ideally preferred.

2. Quantitative Measures

a. Fund Performance

An investor should do a fair assessment of the funds’ performances for over a period of time. Also, it is suggested to go for a fund that consistently beats its benchmark over 4-5 years, additionally, one should see each period and see if the fund is able to beat the benchmark or not.

b. Size of the Fund

Investors should always go for a fund that is neither too big nor too small in size. While there is no perfect definition and relation between the size of the fund, it is said that both too small and too large, can hinder a fund’s performance. Thus, while choosing a fund, it is advisable to go for the one whose AUM (Asset Under Management) is approximately same as the category.

3. Additional Quantitative Measures

a. Expense Ratio

Investors who have Mutual Fund Investments have to bear certain charges like operation costs, management fees, etc., charged by the Asset Management Company (AMC). Generally, the expense ratio is higher for schemes that are actively managed than it is for passively managed schemes (such as Index Funds or ETFs). As per the SEBI rules, an expense ratio for equity funds are a minimum of 2.5%.However, the expense ratio is something which should not supersede other important factors such as fund performance etc. It is better to pay a higher expense ratio in a fund knowing that it will beat it competitors by a good margin.

b. Ratio Analysis

Some of the important ratios to measure fund performance are:

c. Alpha

Alpha is a measure of the success of your investment or rather outperformance against the benchmark. It measures on how much the fund or stock has performed in the general market. 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 with positive alpha.

d. Beta

It measures Volatility in a stock’s price or fund relative to a benchmark and is denoted in positive or negative figures. A Beta of 1 signifies that the stock’s price moves in line with the market, 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.

e. Standard Deviation (SD)

In simple terms, SD is a statistical measure representing the volatility or risk in an instrument. The higher the SD, higher will be the fluctuations in the returns.

f. Sharpe Ratio

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 fund that shows a higher Sharpe ratio.

g. Sortino Ratio

The Sortino Ratio is a variation of Sharpe Ratio. But, unlike Sharpe ratio, Sortino ratio considers only the downside or negative return. Such a ratio is helpful for investors to assess risk in a better manner than just looking at the returns to the total volatility.

Upside Capture Ratio & Downside Capture Ratio

Upside/downside capture ratio guide an investor- whether a fund is outperformed i.e. gained more or lost less than a broad market benchmark- during the phase of the market upside (strong) or downside (weak), and more importantly by how much.

Well, an upside ratio of over 100 means that a given fund has beaten the benchmark during the period of positive returns. And a downside ratio of less than 100 shows that a given fund has lost less than its benchmark during the phase of dull returns. So, generally, investors should go for a fund that has a lower downside capture ratio and a higher upside capture ratio.

Equity Fund Taxation

Equity Schemes Holding Period Tax Rate
Long Term Capital Gains (LTCG) More than 1 Year 20% (with no indexation)
Short Term Capital Gains (STCG) Less than or equal to a year 12.5%

How to Invest in Best Equity Mutual Funds Online?

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Conclusion

While looking for best equity mutual funds, investors should choose equity funds which are doing well in the market. One should know how a fund behaves and performs when the market goes bad. A deep analysis of fund’s last three years’ performances is an ideal way to buy one of the best equity mutual funds.

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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samtani, posted on 1 Mar 21 1:12 PM

very informative

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