Table of Contents
Top 10 Funds
A mutual fund represents an investment vehicle wherein funds from numerous investors are consolidated into a single investment product. Subsequently, the fund directs these assets towards Investing in diverse assets, aligning with the fund's investment objectives.
The market offers many mutual fund varieties, which can be overwhelming for you due to the extensive range of available products. Nevertheless, you must acknowledge that no single scheme or group of schemes is universally suitable. The ideal mutual fund scheme for you aligns with your investment objectives and risk tolerance, among other factors. In this post, let's learn about good Mutual Funds and the factors you should consider when selecting a scheme.
Mutual funds encompass various types categorised by underlying assets, including gold, debt, or equity. These include hybrid, debt, and equity mutual funds, each with distinct objectives and risk profiles.
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Here are the diverse Types of Mutual Funds:
Fixed Income Funds: These mutual funds invest in fixed-income securities, including short-term Bonds, long-term bonds, floating rate debt, and money market instruments.
Equity Funds: Equity Funds mainly invest in stocks and can be actively or passively managed.
Equity Linked Savings Schemes (ELSS): This close-ended equity mutual fund offers tax-saving benefits under Section 80C of the income tax Act while aiming for wealth accumulation.
Diversified Funds: You can diversify your investments across multiple sectors or industries with this type of mutual fund.
Gilt Funds: These funds allocate investments to government securities without default risk.
Index Funds: Investments in Index Funds mirror the performance of a stock market index.
Liquid Funds: These investment plans primarily allocate funds to short-term money market instruments featuring shorter maturity periods.
Debt-Oriented Hybrid Funds: Combining debt and equity investments, these funds offer a balanced approach.
Arbitrage Funds: Treated as equity plans for tax purposes, these funds invest in cash and derivatives markets.
Mutual fund schemes offer a range of convenient and flexible investment modes tailored to meet specific requirements, with the most popular being lump sum and Systematic Investment plan (SIP).
Lump sum investment involves a single substantial investment made by an investor in any mutual fund scheme. However, spreading out investments over the entire financial year is advisable for optimal results. This strategy helps average the purchase cost and mitigate volatility, fostering financial discipline.
SIP entails investing a fixed amount regularly in a mutual fund scheme at predefined intervals. It operates akin to regular saving schemes like a Recurring deposit. Under SIP, investments are routinely made, such as weekly, monthly, or quarterly. For instance, if you plan to invest Rs. 1,20,000 in March as a lump sum, you would allocate Rs. 10,000 per month through an SIP. SIP is recommended for mutual fund investments, particularly equity-oriented funds, to alleviate stress and benefit from consistent investing.
Here's a breakdown of how taxation is applied to mutual funds in India:
Several aspects play a crucial role in selecting the top-performing mutual funds in India:
Investment Horizon: Mutual funds typically fall into short-term and long-term categories. Choose for stocks and bonds with higher risk for short-term investments, offering potentially higher returns. For long-term investments, choose low-risk options with steady growth potential.
Financial goals: Define your financial objectives before investing to determine the most suitable fund category. Consider risk tolerance, liquidity needs, time horizon, and others to make informed decisions.
Fund Performance: Assess a fund's performance over at least five years to gauge its suitability for investment.
Fund Manager Experience: Prioritise funds managed by seasoned fund managers with extensive experience. Investing in such funds provides security as experienced managers can navigate various market conditions effectively.
Expense Ratio: Choose for funds with expense ratios below 1.00%, representing the cumulative expenses covering advertising costs, fund manager salaries, and other related expenses.
Risk Tolerance: Understand your risk tolerance levels to gain clarity on the expected returns from your investment.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Franklin Build India Fund Growth ₹127.667
↑ 0.13 ₹2,191 10.6 33.3 70.5 35.3 25.9 51.1 IDFC Infrastructure Fund Growth ₹45.728
↑ 0.28 ₹1,043 14.4 38.4 69.5 34 26.6 50.3 ICICI Prudential Nifty Next 50 Index Fund Growth ₹56.5788
↑ 0.37 ₹4,444 13.1 39.8 57.7 21 19.7 26.3 IDBI Nifty Junior Index Fund Growth ₹47.7667
↑ 0.31 ₹74 12.9 39.4 56.9 20.9 19.4 25.7 L&T India Value Fund Growth ₹93.3716
↑ 0.03 ₹11,431 4.8 21.5 48.4 25.9 22.4 39.4 Motilal Oswal Multicap 35 Fund Growth ₹49.7099
↓ -0.11 ₹9,660 9.4 22.9 48.3 16.8 14.8 31 DSP BlackRock Natural Resources and New Energy Fund Growth ₹87.078
↓ -1.25 ₹990 7.3 34.9 47.8 18.9 22.5 31.2 Invesco India Growth Opportunities Fund Growth ₹77.96
↑ 0.18 ₹4,996 6.6 22.5 45.1 21.5 19.3 31.6 L&T Emerging Businesses Fund Growth ₹73.3326
↓ -0.38 ₹13,401 4.7 14.6 44.8 30.2 26 46.1 Tata Equity PE Fund Growth ₹314.177
↓ -0.33 ₹7,301 5.9 23.7 44 24.2 19.8 37 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 13 May 24
The Scheme seeks to achieve capital appreciation by investing in companies engaged directly or indirectly in infrastructure related activities. Franklin Build India Fund is a Equity - Sectoral fund was launched on 4 Sep 09. It is a fund with High risk and has given a Below is the key information for Franklin Build India Fund Returns up to 1 year are on 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 Below is the key information for IDFC Infrastructure Fund Returns up to 1 year are on The fund's objective is to invest in companies whose securities are included in Nifty Junior Index and to endeavor to achieve the returns of the above index as closely as possible, though subject to tracking error. The fund intends to track only 90-95% of the Index i.e. it will always keep cash balance between 5-10% of the Net Asset to meet the redemption and other liquidity requirements. However, as and when the liquidity in the Index improves the fund intends to track up to 100% of the Index. The fund will not seek to outperform the CNX Nifty Junior. The objective is that the performance of the NAV of the fund should closely track the performance of the CNX Nifty Junior over the same period subject to tracking error. ICICI Prudential Nifty Next 50 Index Fund is a Others - Index Fund fund was launched on 25 Jun 10. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Nifty Next 50 Index Fund Returns up to 1 year are on The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the CNX Nifty Junior Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the scheme. IDBI Nifty Junior Index Fund is a Others - Index Fund fund was launched on 20 Sep 10. It is a fund with Moderately High risk and has given a Below is the key information for IDBI Nifty Junior Index Fund Returns up to 1 year are on To generate long-term capital appreciation from diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. The Scheme could also additionally invest in Foreign Securities in international markets. L&T India Value Fund is a Equity - Value fund was launched on 8 Jan 10. It is a fund with Moderately High risk and has given a Below is the key information for L&T India Value Fund Returns up to 1 year are on (Erstwhile Motilal Oswal MOSt Focused Multicap 35 Fund) The investment objective of the Scheme is to achieve long term capital appreciation by primarily investing in a maximum of 35 equity & equity related instruments across sectors and market-capitalization levels.However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. Motilal Oswal Multicap 35 Fund is a Equity - Multi Cap fund was launched on 28 Apr 14. It is a fund with Moderately High risk and has given a Below is the key information for Motilal Oswal Multicap 35 Fund Returns up to 1 year are on To seek to generate capital appreciation and provide long term growth opportunities by investing in equity and equity related securities of companies domiciled in India whose predominant economic activity is in the (a) discovery, development, production, or distribution of natural resources, viz., energy, mining etc; (b) alternative energy and energy technology sectors, with emphasis given to renewable energy, automotive and on-site power generation, energy storage and enabling energy technologies. also invest a certain portion of its corpus in the equity and equity related securities of companies domiciled overseas, which are principally engaged in the discovery, development, production or distribution of natural resources and alternative energy and/or the units shares of Merrill Lynch international Investment Funds New Energy Fund, Merrill Lynch International Investment Funds World Energy Fund and similar other overseas mutual fund schemes. DSP BlackRock Natural Resources and New Energy Fund is a Equity - Sectoral fund was launched on 25 Apr 08. It is a fund with High risk and has given a Below is the key information for DSP BlackRock Natural Resources and New Energy Fund Returns up to 1 year are on (Erstwhile Invesco India Growth Fund) The investment objective of the Scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the objectives of the scheme will be achieved. Invesco India Growth Opportunities Fund is a Equity - Large & Mid Cap fund was launched on 9 Aug 07. It is a fund with Moderately High risk and has given a Below is the key information for Invesco India Growth Opportunities Fund Returns up to 1 year are on To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities. L&T Emerging Businesses Fund is a Equity - Small Cap fund was launched on 12 May 14. It is a fund with High risk and has given a Below is the key information for L&T Emerging Businesses Fund Returns up to 1 year are on To provide reasonable and regular income and/ or possible capital appreciation to its Unitholder. Tata Equity PE Fund is a Equity - Value fund was launched on 29 Jun 04. It is a fund with Moderately High risk and has given a Below is the key information for Tata Equity PE Fund Returns up to 1 year are on 1. Franklin Build India Fund
CAGR/Annualized
return of 18.9% since its launch. Ranked 4 in Sectoral
category. Return for 2023 was 51.1% , 2022 was 11.2% and 2021 was 45.9% . Franklin Build India Fund
Growth Launch Date 4 Sep 09 NAV (13 May 24) ₹127.667 ↑ 0.13 (0.11 %) Net Assets (Cr) ₹2,191 on 31 Mar 24 Category Equity - Sectoral AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 2.29 Sharpe Ratio 3.77 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Sectoral Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹7,225 30 Apr 21 ₹11,639 30 Apr 22 ₹14,835 30 Apr 23 ₹17,194 30 Apr 24 ₹30,640 Returns for Franklin Build India Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 13 May 24 Duration Returns 1 Month 2.5% 3 Month 10.6% 6 Month 33.3% 1 Year 70.5% 3 Year 35.3% 5 Year 25.9% 10 Year 15 Year Since launch 18.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 51.1% 2022 11.2% 2021 45.9% 2020 5.4% 2019 6% 2018 -10.7% 2017 43.3% 2016 8.4% 2015 2.1% 2014 93.8% Fund Manager information for Franklin Build India Fund
Name Since Tenure Ajay Argal 18 Oct 21 2.45 Yr. Kiran Sebastian 7 Feb 22 2.15 Yr. Sandeep Manam 18 Oct 21 2.45 Yr. Data below for Franklin Build India Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 40.44% Utility 12.04% Energy 10.98% Financial Services 10.9% Basic Materials 6.56% Communication Services 5.37% Consumer Cyclical 4.13% Real Estate 3.67% Technology 0.35% Asset Allocation
Asset Class Value Cash 5.56% Equity 94.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 20 | LT10% ₹226 Cr 600,000 NTPC Ltd (Utilities)
Equity, Since 30 Nov 16 | 5325557% ₹143 Cr 4,250,000
↓ -350,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 19 | 5003126% ₹127 Cr 4,750,000
↓ -50,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE5% ₹113 Cr 381,000
↑ 56,000 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 21 | 5328985% ₹103 Cr 3,725,000
↓ -375,000 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 30 Nov 21 | KIRLOSENG4% ₹96 Cr 1,119,847 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | ICICIBANK4% ₹87 Cr 800,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 09 | BHARTIARTL4% ₹87 Cr 710,000 KEI Industries Ltd (Industrials)
Equity, Since 31 Dec 15 | 5175694% ₹79 Cr 229,407 Sobha Ltd (Real Estate)
Equity, Since 31 Aug 17 | 5327843% ₹71 Cr 490,000 2. IDFC Infrastructure Fund
CAGR/Annualized
return of 12.2% since its launch. Ranked 1 in Sectoral
category. Return for 2023 was 50.3% , 2022 was 1.7% and 2021 was 64.8% . IDFC Infrastructure Fund
Growth Launch Date 8 Mar 11 NAV (13 May 24) ₹45.728 ↑ 0.28 (0.61 %) Net Assets (Cr) ₹1,043 on 31 Mar 24 Category Equity - Sectoral AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk High Expense Ratio 2.44 Sharpe Ratio 3.82 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) Sub Cat. Sectoral Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹7,007 30 Apr 21 ₹12,265 30 Apr 22 ₹15,765 30 Apr 23 ₹17,437 30 Apr 24 ₹31,232 Returns for IDFC Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 13 May 24 Duration Returns 1 Month 1.1% 3 Month 14.4% 6 Month 38.4% 1 Year 69.5% 3 Year 34% 5 Year 26.6% 10 Year 15 Year Since launch 12.2% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Vishal Biraia 24 Jan 24 0.19 Yr. Ritika Behera 7 Oct 23 0.48 Yr. Data below for IDFC Infrastructure Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 51.54% Basic Materials 13.13% Utility 11.61% Consumer Cyclical 6.69% Communication Services 3.8% Technology 2.57% Health Care 2.19% Financial Services 1.5% Asset Allocation
Asset Class Value Cash 6.97% Equity 93.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT6% ₹62 Cr 163,980 Torrent Power Ltd (Utilities)
Equity, Since 31 Mar 18 | 5327796% ₹60 Cr 442,900 Kirloskar Brothers Ltd (Industrials)
Equity, Since 31 Dec 17 | 5002415% ₹55 Cr 503,623
↑ 37,437 Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 30 Apr 15 | 5328114% ₹44 Cr 431,238 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Oct 19 | BEL4% ₹38 Cr 1,905,598
↓ -123,241 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | ULTRACEMCO4% ₹38 Cr 39,304
↓ -5,226 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | 5322863% ₹31 Cr 366,666 Thermax Ltd (Industrials)
Equity, Since 30 Sep 19 | THERMAX3% ₹29 Cr 68,057 JK Cement Ltd (Basic Materials)
Equity, Since 31 Oct 17 | JKCEMENT3% ₹28 Cr 67,801
↓ -23,602 ITD Cementation India Ltd (Industrials)
Equity, Since 30 Jun 15 | 5094963% ₹26 Cr 790,311
↓ -52,795 3. ICICI Prudential Nifty Next 50 Index Fund
CAGR/Annualized
return of 13.3% since its launch. Ranked 5 in Index Fund
category. Return for 2023 was 26.3% , 2022 was 0.1% and 2021 was 29.5% . ICICI Prudential Nifty Next 50 Index Fund
Growth Launch Date 25 Jun 10 NAV (13 May 24) ₹56.5788 ↑ 0.37 (0.65 %) Net Assets (Cr) ₹4,444 on 31 Mar 24 Category Others - Index Fund AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 0.7 Sharpe Ratio 3.08 Information Ratio -11.93 Alpha Ratio -0.63 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-7 Days (0.25%),7 Days and above(NIL) Sub Cat. Index Fund Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,662 30 Apr 21 ₹12,428 30 Apr 22 ₹15,227 30 Apr 23 ₹14,140 30 Apr 24 ₹23,211 Returns for ICICI Prudential Nifty Next 50 Index Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 13 May 24 Duration Returns 1 Month 2% 3 Month 13.1% 6 Month 39.8% 1 Year 57.7% 3 Year 21% 5 Year 19.7% 10 Year 15 Year Since launch 13.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 26.3% 2022 0.1% 2021 29.5% 2020 14.3% 2019 0.6% 2018 -8.8% 2017 45.7% 2016 7.6% 2015 6.2% 2014 43.6% Fund Manager information for ICICI Prudential Nifty Next 50 Index Fund
Name Since Tenure Nishit Patel 18 Jan 21 3.2 Yr. Priya Sridhar 1 Feb 24 0.16 Yr. Ajaykumar Solanki 1 Feb 24 0.16 Yr. Data below for ICICI Prudential Nifty Next 50 Index Fund as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 0.17% Equity 99.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity Trent Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5002515% ₹213 Cr 538,920
↑ 14,957 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Sep 22 | BEL4% ₹176 Cr 8,758,076
↑ 243,069 Tata Power Co Ltd (Utilities)
Equity, Since 31 Aug 22 | 5004004% ₹163 Cr 4,140,962
↑ 114,928 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 30 Sep 22 | 5411543% ₹152 Cr 457,874
↑ 12,708 Indian Oil Corp Ltd (Energy)
Equity, Since 31 Mar 22 | IOC3% ₹151 Cr 8,977,483
↑ 249,161 DLF Ltd (Real Estate)
Equity, Since 30 Apr 16 | 5328683% ₹141 Cr 1,573,664
↑ 43,676 Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 24 | 5328103% ₹139 Cr 3,550,491
↑ 3,550,491 REC Ltd (Financial Services)
Equity, Since 31 Mar 24 | 5329553% ₹136 Cr 3,026,175
↑ 3,026,175 InterGlobe Aviation Ltd (Industrials)
Equity, Since 30 Sep 16 | INDIGO3% ₹124 Cr 349,199
↑ 9,722 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5323433% ₹122 Cr 569,216
↑ 15,797 4. IDBI Nifty Junior Index Fund
CAGR/Annualized
return of 12.1% since its launch. Ranked 8 in Index Fund
category. Return for 2023 was 25.7% , 2022 was 0.4% and 2021 was 29.6% . IDBI Nifty Junior Index Fund
Growth Launch Date 20 Sep 10 NAV (13 May 24) ₹47.7667 ↑ 0.31 (0.64 %) Net Assets (Cr) ₹74 on 31 Mar 24 Category Others - Index Fund AMC IDBI Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 0.73 Sharpe Ratio 3.04 Information Ratio -7.21 Alpha Ratio -1.1 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Sub Cat. Index Fund Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,709 30 Apr 21 ₹12,365 30 Apr 22 ₹15,160 30 Apr 23 ₹14,088 30 Apr 24 ₹23,006 Returns for IDBI Nifty Junior Index Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 13 May 24 Duration Returns 1 Month 1.9% 3 Month 12.9% 6 Month 39.4% 1 Year 56.9% 3 Year 20.9% 5 Year 19.4% 10 Year 15 Year Since launch 12.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 25.7% 2022 0.4% 2021 29.6% 2020 13.7% 2019 0.5% 2018 -9.3% 2017 43.6% 2016 6.9% 2015 5.8% 2014 42.8% Fund Manager information for IDBI Nifty Junior Index Fund
Name Since Tenure Sumit Bhatnagar 3 Oct 23 0.5 Yr. Data below for IDBI Nifty Junior Index Fund as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 0.35% Equity 99.65% Top Securities Holdings / Portfolio
Name Holding Value Quantity Trent Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5002515% ₹4 Cr 8,933
↑ 32 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Sep 22 | BEL4% ₹3 Cr 145,247
↑ 683 Tata Power Co Ltd (Utilities)
Equity, Since 31 Aug 22 | 5004004% ₹3 Cr 68,913
↑ 1,104 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 30 Sep 22 | 5411543% ₹3 Cr 7,565
↑ 09 Indian Oil Corp Ltd (Energy)
Equity, Since 31 Mar 22 | IOC3% ₹3 Cr 149,134
↑ 2,378 DLF Ltd (Real Estate)
Equity, Since 30 Apr 16 | 5328683% ₹2 Cr 26,053
↑ 360 Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 24 | 5328103% ₹2 Cr 59,684
↑ 59,684 REC Ltd (Financial Services)
Equity, Since 31 Mar 24 | 5329553% ₹2 Cr 51,408
↑ 51,408 InterGlobe Aviation Ltd (Industrials)
Equity, Since 30 Sep 16 | INDIGO3% ₹2 Cr 5,781
↑ 57 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5323433% ₹2 Cr 9,436
↑ 79 5. L&T India Value Fund
CAGR/Annualized
return of 16.9% since its launch. Ranked 4 in Value
category. Return for 2023 was 39.4% , 2022 was 5.2% and 2021 was 40.3% . L&T India Value Fund
Growth Launch Date 8 Jan 10 NAV (13 May 24) ₹93.3716 ↑ 0.03 (0.04 %) Net Assets (Cr) ₹11,431 on 31 Mar 24 Category Equity - Value AMC L&T Investment Management Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.84 Sharpe Ratio 3.3 Information Ratio 1.29 Alpha Ratio 11.5 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Value Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,054 30 Apr 21 ₹12,891 30 Apr 22 ₹15,838 30 Apr 23 ₹17,400 30 Apr 24 ₹27,005 Returns for L&T India Value Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 13 May 24 Duration Returns 1 Month -0.8% 3 Month 4.8% 6 Month 21.5% 1 Year 48.4% 3 Year 25.9% 5 Year 22.4% 10 Year 15 Year Since launch 16.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 39.4% 2022 5.2% 2021 40.3% 2020 14.6% 2019 4.6% 2018 -11.4% 2017 41.3% 2016 8.1% 2015 12.9% 2014 74.1% Fund Manager information for L&T India Value Fund
Name Since Tenure Venugopal Manghat 24 Nov 12 11.36 Yr. Gautam Bhupal 1 Oct 23 0.5 Yr. Sonal Gupta 1 Oct 23 0.5 Yr. Data below for L&T India Value Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 26.93% Industrials 15.94% Basic Materials 15.14% Technology 10.44% Consumer Cyclical 9.06% Real Estate 4.97% Utility 4.44% Energy 3.6% Consumer Defensive 3.06% Health Care 2.68% Communication Services 1.81% Asset Allocation
Asset Class Value Cash 1.94% Equity 98.06% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 5325554% ₹508 Cr 15,121,100 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK4% ₹479 Cr 4,382,100 Jindal Stainless Ltd (Basic Materials)
Equity, Since 31 Jul 21 | 5325084% ₹477 Cr 6,875,300
↓ -504,329 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN4% ₹434 Cr 5,766,900 Indian Bank (Financial Services)
Equity, Since 31 Oct 21 | 5328143% ₹320 Cr 6,147,000 Canara Bank (Financial Services)
Equity, Since 31 Jan 22 | 5324833% ₹319 Cr 5,486,800
↓ -293,294 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Mar 17 | SUNPHARMA3% ₹306 Cr 1,889,900
↓ -72,800 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 15 | RELIANCE3% ₹297 Cr 998,200 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT2% ₹277 Cr 735,495 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M2% ₹274 Cr 1,427,504
↓ -61,896 6. Motilal Oswal Multicap 35 Fund
CAGR/Annualized
return of 17.3% since its launch. Ranked 5 in Multi Cap
category. Return for 2023 was 31% , 2022 was -3% and 2021 was 15.3% . Motilal Oswal Multicap 35 Fund
Growth Launch Date 28 Apr 14 NAV (13 May 24) ₹49.7099 ↓ -0.11 (-0.23 %) Net Assets (Cr) ₹9,660 on 31 Mar 24 Category Equity - Multi Cap AMC Motilal Oswal Asset Management Co. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.41 Sharpe Ratio 5.58 Information Ratio -0.56 Alpha Ratio 24.89 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Multi Cap Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,445 30 Apr 21 ₹11,906 30 Apr 22 ₹12,412 30 Apr 23 ₹12,598 30 Apr 24 ₹19,354 Returns for Motilal Oswal Multicap 35 Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 13 May 24 Duration Returns 1 Month 0% 3 Month 9.4% 6 Month 22.9% 1 Year 48.3% 3 Year 16.8% 5 Year 14.8% 10 Year 15 Year Since launch 17.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 31% 2022 -3% 2021 15.3% 2020 10.3% 2019 7.9% 2018 -7.8% 2017 43.1% 2016 8.5% 2015 14.6% 2014 Fund Manager information for Motilal Oswal Multicap 35 Fund
Name Since Tenure Niket Shah 1 Jul 22 1.75 Yr. Ankush Sood 25 Aug 21 2.6 Yr. Santosh Singh 1 Aug 23 0.67 Yr. Rakesh Shetty 22 Nov 22 1.36 Yr. Data below for Motilal Oswal Multicap 35 Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 23.95% Consumer Cyclical 23.82% Financial Services 21.63% Technology 15.05% Communication Services 3.97% Real Estate 3.54% Basic Materials 2.2% Health Care 1.13% Asset Allocation
Asset Class Value Cash 4.72% Equity 95.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Jul 23 | 54394012% ₹1,201 Cr 33,948,685
↓ -3,551,315 Persistent Systems Ltd (Technology)
Equity, Since 31 Mar 23 | PERSISTENT9% ₹876 Cr 2,198,006
↑ 106,184 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | 5407628% ₹794 Cr 2,125,000
↓ -174,657 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5432786% ₹620 Cr 14,500,000
↑ 552,035 Coforge Ltd (Technology)
Equity, Since 31 May 23 | 5325416% ₹578 Cr 1,050,000 Polycab India Ltd (Industrials)
Equity, Since 31 Jan 24 | 5426526% ₹557 Cr 1,100,000
↑ 100,000 Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 5433206% ₹546 Cr 30,000,000 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Mar 23 | CHOLAFIN4% ₹434 Cr 3,750,000 Indus Towers Ltd Ordinary Shares (Communication Services)
Equity, Since 31 Mar 24 | 5348164% ₹383 Cr 13,158,660
↑ 13,158,660 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Jul 23 | 5332744% ₹342 Cr 2,925,000
↑ 425,000 7. DSP BlackRock Natural Resources and New Energy Fund
CAGR/Annualized
return of 14.4% since its launch. Ranked 2 in Sectoral
category. Return for 2023 was 31.2% , 2022 was 9.8% and 2021 was 42.8% . DSP BlackRock Natural Resources and New Energy Fund
Growth Launch Date 25 Apr 08 NAV (10 May 24) ₹87.078 ↓ -1.25 (-1.41 %) Net Assets (Cr) ₹990 on 31 Mar 24 Category Equity - Sectoral AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆☆ Risk High Expense Ratio 2.14 Sharpe Ratio 2.14 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Sub Cat. Sectoral Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹7,338 30 Apr 21 ₹14,297 30 Apr 22 ₹17,025 30 Apr 23 ₹17,522 30 Apr 24 ₹26,351 Returns for DSP BlackRock Natural Resources and New Energy Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 13 May 24 Duration Returns 1 Month 0.5% 3 Month 7.3% 6 Month 34.9% 1 Year 47.8% 3 Year 18.9% 5 Year 22.5% 10 Year 15 Year Since launch 14.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.2% 2022 9.8% 2021 42.8% 2020 11.5% 2019 4.4% 2018 -15.3% 2017 43.1% 2016 43.1% 2015 -1.7% 2014 46.8% Fund Manager information for DSP BlackRock Natural Resources and New Energy Fund
Name Since Tenure Rohit Singhania 1 Jul 12 11.76 Yr. Jay Kothari 1 Mar 13 11.09 Yr. Data below for DSP BlackRock Natural Resources and New Energy Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Basic Materials 40.54% Energy 35.86% Utility 10.49% Technology 2.31% Industrials 2.3% Consumer Defensive 0.06% Asset Allocation
Asset Class Value Cash 8.42% Equity 91.56% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tata Steel Ltd (Basic Materials)
Equity, Since 31 Aug 16 | TATASTEEL10% ₹95 Cr 6,106,615 Coal India Ltd (Energy)
Equity, Since 31 Mar 22 | COALINDIA9% ₹91 Cr 2,088,307
↑ 113,537 Hindalco Industries Ltd (Basic Materials)
Equity, Since 31 Oct 15 | HINDALCO9% ₹86 Cr 1,534,067
↑ 30,247 BGF World Energy I2
Investment Fund | -8% ₹84 Cr 333,646 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 20 | 5322867% ₹70 Cr 821,048 BGF Sustainable Energy I2
Investment Fund | -7% ₹66 Cr 413,047 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 08 | RELIANCE5% ₹53 Cr 179,041 NMDC Ltd (Basic Materials)
Equity, Since 30 Sep 18 | 5263715% ₹49 Cr 2,414,527
↑ 460,555 GAIL (India) Ltd (Utilities)
Equity, Since 31 Aug 20 | 5321555% ₹46 Cr 2,521,267
↑ 544,725 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 31 Aug 08 | 5005474% ₹37 Cr 608,282 8. Invesco India Growth Opportunities Fund
CAGR/Annualized
return of 13% since its launch. Ranked 6 in Large & Mid Cap
category. Return for 2023 was 31.6% , 2022 was -0.4% and 2021 was 29.7% . Invesco India Growth Opportunities Fund
Growth Launch Date 9 Aug 07 NAV (13 May 24) ₹77.96 ↑ 0.18 (0.23 %) Net Assets (Cr) ₹4,996 on 31 Mar 24 Category Equity - Large & Mid Cap AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.91 Sharpe Ratio 3.83 Information Ratio -0.34 Alpha Ratio 10.87 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Large & Mid Cap Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,876 30 Apr 21 ₹12,725 30 Apr 22 ₹14,657 30 Apr 23 ₹15,383 30 Apr 24 ₹23,126 Returns for Invesco India Growth Opportunities Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 13 May 24 Duration Returns 1 Month 0.5% 3 Month 6.6% 6 Month 22.5% 1 Year 45.1% 3 Year 21.5% 5 Year 19.3% 10 Year 15 Year Since launch 13% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.6% 2022 -0.4% 2021 29.7% 2020 13.3% 2019 10.7% 2018 -0.2% 2017 39.6% 2016 3.3% 2015 3.8% 2014 43.7% Fund Manager information for Invesco India Growth Opportunities Fund
Name Since Tenure Aditya Khemani 9 Nov 23 0.39 Yr. Amit Ganatra 21 Jan 22 2.19 Yr. Data below for Invesco India Growth Opportunities Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 26.3% Consumer Cyclical 21.5% Industrials 15.48% Health Care 9.24% Technology 8.96% Basic Materials 4.99% Real Estate 4.48% Utility 3.44% Communication Services 1.83% Energy 1.08% Consumer Defensive 0.36% Asset Allocation
Asset Class Value Cash 2.34% Equity 97.66% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK5% ₹260 Cr 2,380,621 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 28 Feb 23 | CHOLAFIN4% ₹206 Cr 1,781,978
↑ 576,500 NTPC Ltd (Utilities)
Equity, Since 30 Apr 21 | 5325553% ₹172 Cr 5,113,434
↑ 638,318 Trent Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | 5002513% ₹153 Cr 386,965 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 23 | 5322153% ₹147 Cr 1,406,255
↑ 572,271 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Nov 22 | 5432203% ₹132 Cr 1,611,466
↑ 614,515 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 5432783% ₹127 Cr 2,965,448 Mankind Pharma Ltd (Healthcare)
Equity, Since 30 Apr 23 | 5439043% ₹125 Cr 543,902 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Dec 23 | 5332743% ₹125 Cr 1,067,776
↑ 223,798 Persistent Systems Ltd (Technology)
Equity, Since 31 May 21 | PERSISTENT2% ₹105 Cr 262,824 9. L&T Emerging Businesses Fund
CAGR/Annualized
return of 22% since its launch. Ranked 2 in Small Cap
category. Return for 2023 was 46.1% , 2022 was 1% and 2021 was 77.4% . L&T Emerging Businesses Fund
Growth Launch Date 12 May 14 NAV (13 May 24) ₹73.3326 ↓ -0.38 (-0.52 %) Net Assets (Cr) ₹13,401 on 31 Mar 24 Category Equity - Small Cap AMC L&T Investment Management Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 1.84 Sharpe Ratio 2.51 Information Ratio 0.63 Alpha Ratio -3.95 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Small Cap Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹6,968 30 Apr 21 ₹13,324 30 Apr 22 ₹18,672 30 Apr 23 ₹20,595 30 Apr 24 ₹31,468 Returns for L&T Emerging Businesses Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 13 May 24 Duration Returns 1 Month 0.7% 3 Month 4.7% 6 Month 14.6% 1 Year 44.8% 3 Year 30.2% 5 Year 26% 10 Year 15 Year Since launch 22% Historical performance (Yearly) on absolute basis
Year Returns 2023 46.1% 2022 1% 2021 77.4% 2020 15.5% 2019 -8.1% 2018 -13.7% 2017 66.5% 2016 10.2% 2015 12.3% 2014 Fund Manager information for L&T Emerging Businesses Fund
Name Since Tenure Venugopal Manghat 17 Dec 19 4.29 Yr. Cheenu Gupta 1 Oct 23 0.5 Yr. Sonal Gupta 1 Oct 23 0.5 Yr. Data below for L&T Emerging Businesses Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 31.58% Basic Materials 14.56% Consumer Cyclical 14.41% Technology 10.45% Financial Services 9.58% Real Estate 6.78% Health Care 5.05% Consumer Defensive 2.53% Energy 1.06% Asset Allocation
Asset Class Value Cash 2.64% Equity 97.36% Top Securities Holdings / Portfolio
Name Holding Value Quantity Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | 5322593% ₹443 Cr 635,400
↓ -33,000 EIH Ltd (Consumer Cyclical)
Equity, Since 31 May 17 | 5008403% ₹388 Cr 8,627,473 Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Jul 19 | 5329293% ₹362 Cr 3,866,279
↓ -100,000 Sonata Software Ltd (Technology)
Equity, Since 31 Jul 18 | 5322213% ₹354 Cr 4,896,490 KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | 5175692% ₹328 Cr 947,670 KPIT Technologies Ltd (Technology)
Equity, Since 30 Sep 21 | 5426512% ₹325 Cr 2,188,200 K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | 5328892% ₹299 Cr 3,586,897 NCC Ltd (Industrials)
Equity, Since 28 Feb 21 | NCC2% ₹262 Cr 11,291,100 Century Textiles & Industries Ltd (Basic Materials)
Equity, Since 30 Sep 22 | 5000402% ₹262 Cr 1,607,279 Sobha Ltd (Real Estate)
Equity, Since 31 Mar 17 | 5327842% ₹249 Cr 1,721,853 10. Tata Equity PE Fund
CAGR/Annualized
return of 18.9% since its launch. Ranked 7 in Value
category. Return for 2023 was 37% , 2022 was 5.9% and 2021 was 28% . Tata Equity PE Fund
Growth Launch Date 29 Jun 04 NAV (13 May 24) ₹314.177 ↓ -0.33 (-0.10 %) Net Assets (Cr) ₹7,301 on 31 Mar 24 Category Equity - Value AMC Tata Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.72 Sharpe Ratio 2.96 Information Ratio 0.98 Alpha Ratio 3.84 Min Investment 5,000 Min SIP Investment 150 Exit Load 0-18 Months (1%),18 Months and above(NIL) Sub Cat. Value Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,498 30 Apr 21 ₹12,264 30 Apr 22 ₹14,521 30 Apr 23 ₹16,014 30 Apr 24 ₹24,048 Returns for Tata Equity PE Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 13 May 24 Duration Returns 1 Month 0.3% 3 Month 5.9% 6 Month 23.7% 1 Year 44% 3 Year 24.2% 5 Year 19.8% 10 Year 15 Year Since launch 18.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 37% 2022 5.9% 2021 28% 2020 12.5% 2019 5.3% 2018 -7.1% 2017 39.4% 2016 16.2% 2015 0.3% 2014 69.5% Fund Manager information for Tata Equity PE Fund
Name Since Tenure Sonam Udasi 1 Apr 16 8.01 Yr. Amey Sathe 18 Jun 18 5.79 Yr. Data below for Tata Equity PE Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 29.39% Consumer Cyclical 14.96% Energy 13.56% Industrials 8.88% Consumer Defensive 6.99% Basic Materials 6.85% Utility 6.5% Technology 5.7% Health Care 2.2% Communication Services 1.6% Asset Allocation
Asset Class Value Cash 3.37% Equity 96.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharat Petroleum Corp Ltd (Energy)
Equity, Since 31 Dec 23 | 5005476% ₹444 Cr 7,370,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | HDFCBANK6% ₹418 Cr 2,889,000
↓ -450,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | KOTAKBANK4% ₹308 Cr 1,723,000 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Dec 21 | 5411544% ₹299 Cr 900,000
↓ -74,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK4% ₹295 Cr 2,700,000 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 5325554% ₹289 Cr 8,615,000 Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Jan 22 | HEROMOTOCO4% ₹289 Cr 611,855 Coal India Ltd (Energy)
Equity, Since 31 Mar 22 | COALINDIA4% ₹287 Cr 6,618,500
↓ -200,000 Wipro Ltd (Technology)
Equity, Since 31 Dec 23 | 5076854% ₹277 Cr 5,760,000
↑ 360,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | ITC4% ₹270 Cr 6,310,000
Whether you're a novice or a trained mutual fund investor, there are a few things that you must consider before putting your money in the market, such as:
Note that the risk associated with each mutual fund category varies. It's not feasible to categorise a specific mutual fund category as high or low risk based on a universal scale or parameter. While equity mutual funds may appear to have a lower risk than direct equity investments, every mutual fund category carries its level of risk. Therefore, before investing in any mutual fund, assessing the riskometer associated with that particular fund is imperative. Each scheme is assigned a risk level, enabling you to understand the risks.
Another critical point is that direct plans boast lower Expense Ratios than regular plans, leading to superior returns. Some investors mistakenly believe that direct plans and regular plans of mutual fund schemes differ significantly. In reality, they represent plans for the same scheme. Consequently, fund house costs are lower, translating to reduced annual investor expenses.
Mutual fund returns are typically annualised, potentially misleading investors into expecting consistent annual returns. However, mutual fund returns are not linear and can fluctuate significantly. For instance, a scheme may yield +10% returns in one year and -2% returns in the next. Such variability necessitates preparation to handle fluctuations in annual returns.
Consistent returns are indicative of a robust fund, surpassing sporadic high-return funds. Consistency in performance is crucial for mitigating losses and increasing the likelihood of favourable returns over the long term. A consistent fund is better positioned to offset losses and deliver superior annualised returns.
SIPs instil investing discipline by automating investments and leveraging market volatility. SIPs enable you to capitalise on market downturns by acquiring more units at lower prices, effectively reducing the overall investment cost. This strategy, known as Rupee Cost Averaging, facilitates long-term wealth accumulation.
Diversification through Asset Allocation is essential to mitigate portfolio risk. Before investing, determine the allocation across asset classes like equities, gold, and debt. Additionally, periodic rebalancing is critical to maintain the desired asset allocation. Rebalancing involves adjusting the portfolio by booking profits from asset classes that have appreciated and reinvesting in underweighted asset classes, ensuring alignment with investment objectives.
To ensure healthy returns from mutual fund investments, it is wise to consider the following guidelines:
Choosing mutual funds involves a two-stage process: selecting the category and then choosing the scheme that aligns with one's goals and risk tolerance. Fund type, performance, AMC track record, and fund manager expertise should be carefully evaluated. It's also important to consider the scheme's operational fees, exit charges, and volatility. Also, you should consider the tax implications of long-term and short-term gains across all fund categories before deciding.