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Mutual Fund in India

Updated on May 19, 2019 , 4762 views

A Mutual Fund is a collective pool (hence the word mutual) of money given by investors with a common objective for purchasing securities (via the fund). The collective pool is formed by the investors in a Mutual Fund, they are regulated in India by the Securities and Exchange Board of India (SEBI).

Those new to finance, planning and investing often hear the term “Mutual Fund” and ask “what is a Mutual Fund?”, "which are the best Mutual Funds?", "what are the Types of Mutual Funds", "what are the companies?", "How to Invest in Mutual Funds?" etc. Mutual Funds today are becoming more common with investors and have in the recent years become an avenue by which investors can participate in the debt and equity markets.

what-is-a-mutual-fund

We shall try to answer to most of the queries related to Mutual Funds here.

Overview

Mutual Funds are a vehicle that collects money from investors to buy securities. These investors have a common objective, and this pool of money is advised by the fund manager who decides how to invest the money. With good fund management, the Mutual Fund Manager (or Portfolio Manager) generates returns for the investors, which are passed back to investors. Mutual Funds are a regulated industry, there are various rules, guidelines & policies for the mutual fund companies, the fund managers and specifically the funds being managed also. These regulations are formed by the Securities and Exchange Board of India (SEBI) who is the regulator for Mutual Funds.

Mutual Funds Meaning

As the two words, Mutual connotes getting together and Fund connotes money. Hence by definition, a Mutual Fund is a vehicle for investing money for investors with a common objective. In India, Mutual Funds is a regulated industry with a long history.

Mutual Funds Basics

The basics of Mutual Funds entails getting a basic understanding of Mutual Fund's, the advantages of Mutual Funds and dis-advantages of Mutual Funds. One can use various sources to obtain knowledge. In this article, we have tried to cover most aspects of Mutual Fund basics.

Mutual Funds History

Mutual Funds in India came into being in 1963 by an act of parliament.This was done by the government of India with the help of the Reserve Bank of India (RBI). Till 1987, there was no other player in India and it was a monopoly. At that time the industry opened up for the public sector and saw the entry of the another player called SBI Mutual Fund. Other players too came in shortly thereafter.In 1993, the government gave permission the private sector to open up asset management companies. In the next 2 years, 11 more private sector funds came in. 1996 marked another era with SEBI and AMFI coming in.

Mutual Funds India

The Association of Mutual Funds in India was formed to develop the industry and setup minimum standards.

Mutual Funds Sahi Hai

mutual fund sahi hai is the recently launched campaign by AMFI (Association of Mutual Funds in India) to create investor awareness on Mutual Funds. This campaign is across various media such as TV, newspaper, radio and across the web too. The campaign is not only in English but also across various vernaculars languages. The aim of the Mutual Funds Sahi Hai campaign is to educate people on the various aspects of the industry and increase the penetration of Mutual Funds.

Mutual Funds Investment

Mutual funds offer investors a route to save money and earn returns over time. One can invest in a lump sum or a fixed amount monthly, more commonly known as a systematic investment plan (SIP). Using a lump sum or SIPs, they inculcate the habit of savings. Investors can start Mutual Fund investments with amounts as low as INR 5000 and in the case of SIPs as low as INR 500. There are various mutual fund calculators, available which help first-time investors decide what amount to start off with. These mutual fund calculators help investors kick-start investments.

Systematic Investment Plans: SIP In Mutual Funds

Mutual Funds offer a route called the "Systematic Investment Plan" or SIP where investors can choose to put in a fixed amount of money every month in a scheme of a mutual fund. SIPs are a very convenient way for investors to invest since after the first investment, subsequent investments are automated and the investor can sit back and relax. Systematic investment plans ( SIPs) also offer rupee cost averaging and there are many benefits of SIPs.

Mutual Fund Returns

5 Year Returns Across Categories

Category: Equity Avg. 5Y Ret. Category: Balanced Avg. 5Y Ret. Category: Fixed Income Avg. 5Y Ret Category: Money Market Avg. 5Y Ret.
ELSS (Tax Saving) 18.88 Conservative Allocation 10.56 Corporate Credit 9.54 Liquid 8.3
Equity - Other 18.72 Hybrid Allocation 11.15 Dynamic Bond 9.43 Ultrashort Bond 8.64
Flexi Cap 18.89 Moderate Allocation 15. 62 Intermediate Bond 8.93 -
Large Cap 15.33 - Intermediate Government Bond 9.91 -
- - Long Term Government Bond 9.87 -
- - Short Term Bond 8.72 -
- - Short Term Government Bond 8.63

(*Return as of 10th June 2017)

Mutual Funds over the last few decades have been a phenomenal vehicle for generating returns for retail investors. To give an idea of returns over the last years, the above table gives an idea of returns across the various categories of Mutual Funds.

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Types Of Mutual Funds

On 6th October 2017, Securities of Exchange Board of India (SEBI) introduced new and broad categories in Mutual Funds in order to bring uniformity in similar schemes launched by the different Mutual Funds. This is to aim and ensure that investors can find it easier to compare the products and evaluate the different options available before investing in a scheme.

SEBI intends to make Mutual Fund investment easier for the investors. Investors could invest according to their needs, financial goals and risk ability. This mandates Mutual Fund Houses to categorize all their schemes (existing & future scheme) into 5 broad categories and 36 sub-categories. Let’s see the new distinct categories introduced by SEBI in Equity Funds, Debt Funds, Hybrid Funds, Solution Oriented Funds and other schemes

1 Equity Funds

Equity Mutual Funds can be the Large cap funds, mid cap funds, small cap funds, or multi-cap, these are for investors wanting to take exposure to the equity markets. As the name goes, equity funds invest in the equity markets. There are specialist fund managers who specialise in stock selection. They try and select the best stocks for their funds, given the Mutual Fund investment mandate. SEBI has set 1- distinct categories for equity funds.

1.1. Large Cap Equity Fund

Large-cap funds invest in large-cap companies which are big sized companies with large balance sheets, big teams and a clear organisation structure in place. The exposure in large-cap stocks has to be a minimum 80 percent of the scheme’s total assets.

1.2. Mid Cap Fund

Mid-cap funds, on the other hand, invest in smaller-sized companies, these are the emerging stars in their sector and have a potential for growth. Being small in size, these mid-cap companies are very nimble footed and can make changes to product & strategy very quickly. Given this, mid-cap investing brings in a larger risk also. The scheme will invest 65 percent of its total assets in mid-cap stocks.

1.3. Large and Mid Cap Fund

These are the schemes that invest in both large & mid cap stocks. These funds will invest a minimum of 35 percent each in mid and large cap stocks.

SEBI has set a clear classification as to what is a large cap, mid cap and small cap:

Market Capitalization Description
Large cap company 1st to 100th company in terms of full market capitalization
Mid cap company 101st to 250th company in terms of full market capitalization
Small cap company 251st company onwards in terms of full market capitalization

1.4. Multi Cap Equity Fund

In multi-cap funds, the fund manager invests across the board in large-caps and mid-caps without any restriction (the only restriction being the fund mandate). A minimum of 65 percent of its total assets should be allocated to equities.

1.5. Equity Linked Savings Scheme

Equity Linked Savings Schemes (ELSS) is a tax saving fund that comes with a lock-in period of three years. A minimum of 80 percent of its total assets has to be invested in equities.

1.6. Dividend Yield Fund

This fund will predominantly invest in dividend yielding stocks. This scheme will invest a minimum 65 percent of its total assets in equities, but in dividend yielding stocks.

1.7. Value Fund

This is an equity fund that will follow the value investment strategy.

1.8. Contra Fund

This equity scheme will follow the contrarian investment strategy. Value/Contra will invest at least 65 percent of its total assets in equities, but a Mutual Fund house can either offer a value fund or a contra fund, but not both.

1.9. Focused Fund

This fund will focus on large, mid, small or multi-cap stocks, but can have a maximum of 30 stocks. focused fund can invest at least 65 percent of its total assets in equities.

1.10. Sector/Thematic Fund

These are the funds that invest in a particular sector or a theme. At least 80 percent of the total assets of these schemes will be invested in a particular sector or theme.

2 Debt Funds

Then there are debt funds, which invest in debt instruments. There are various kinds of debt funds that exist in the Indian markets. These funds invest in various debt & money market instruments such as government securities (G-Secs), commercial papers (CPs), certificate of deposits (CDs) and other instruments. As per SEBI’s new categorization, Debt fund schemes will have 16 categories. Here’s the list:

2.1. Overnight Fund

This debt scheme will invest in overnight securities having a maturity of one day.

2.2. Liquid Fund

These are very "liquid" as the name goes. These are the funds that in most cases would try to generate returns for investors even he/she invests for one day! As per regulations, Liquid Funds invest in debt/money market securities with a maturity of less than 91 days. These are apt for investors looking to park their money for a couple of days. These funds typically don't have any exit load.

2.3. Ultra Short Duration Fund

On the risk scale, these funds have a risk that is slightly above that of liquid funds. Ultra short term funds invest in debt securities with a slightly higher maturity than liquid funds. These types of Mutual funds can give a minor loss in a day if there is a very sharp upward movement in interest rates. However, these are great for investors looking to invest money between three months to six months. Most ultra short term funds don't have any exit load, even if they do, it is for a week to a fortnight at best.

2.4. Low Duration Fund

Low duration debt securities come with a slightly higher maturity than ultra short funds. The scheme will invest in debt and money market securities with a Macaulay duration between six to 12 months.

2.5. Money Market Fund

This scheme will invest in money market instruments such as CDs, CPs, T-Bills having a maturity up to one year.

2.6. Short Term Fund

Short term Mutual Funds are great for investors looking to invest for a year or more. These also invest in debt securities and do take a little bit of interest rate risk. If interest rates move downwards then there will be capital appreciation on the portfolio along with the return earned due to interest. These funds invest in debt and money market instruments with a Macaulay duration of one to three years.

2.7. Medium Duration Fund

This scheme will invest in debt and money market instruments with a Macaulay duration of three to four years.

2.8. Medium to Long Duration Fund

This scheme will invest in debt and money market instruments with a Macaulay duration of four to seven years.

2.9. Long Duration Fund

This scheme will invest in debt and money market instruments with a Macaulay duration greater than seven years.

2.10. Dynamic Bond Fund

A dynamic bond fund is a mutual fund scheme that invests its funds in fixed income securities consisting of varying maturity periods, which means that they invest across all the duration. Here, the fund manager decides on which funds they need to invest based on their perception of the interest rate scenario and future interest rate movements. Based on this decision, they invest in funds across various maturity periods of debt instruments. This mutual fund scheme is suitable for individuals who feel puzzled about the interest rate scenario. Such individuals can rely on the view of the fund managers to earn money through dynamic bonds funds.

2.11. Corporate Bond Fund

Corporate bond funds are essentially a certificate of debt issued by major companies. These are issued as a way of raising money for businesses. Corporate bond funds are a great option when it comes to good return and low-risk type investment. This debt scheme mainly invests in the highest rated corporate bonds. The fund can invest a minimum 80 percent of its total assets in the highest-rated corporate bonds.

2.12. Credit Risk Fund

This scheme will invest in below the high-rated corporate bonds. The credit risk fund should invest at least 65 percent of its assets below the highest-rated instruments.

2.13. Banking and PUS Fund

This scheme predominantly invests in debt instruments of Banks, Public Financial Institutional, Public Sector Undertakings.

2.14. Gilt Fund

This funds invest in government securities. The maturity of the funds various as per the mandate of the fund. And so does the risk in the fund. Gilt funds are usually used as an avenue to invest by seasoned investors who know what they are doing and are clear on interest rate movements. The higher the duration or maturity of the gilt fund, higher the risk. This funds will invest a minimum 80 percent of its total assets in government securities.

2.15. Gilt Fund with 10-year Constant Duration

This scheme will invest in government securities with a maturity of 10 years. Gilt Funds with 10-year Constant Duration will invest a minimum 80 percent in government securities.

2.16. Floater Fund

This debt scheme mainly invests in floating rate instruments. Floater Fund will invest a minimum of 65 percent of its total assets in floating rate instruments.

3. Hybrid Funds

For the investors in the middle who want to be on the fence, there are balanced funds or hybrid funds. According to the new SEBI’s regulation, there will be six categories of Hybrid Funds:

3.1. Conservative Hybrid Fund

Hybrid Funds are also commonly known as Balanced Fund. Hybrid funds are a type of Mutual Funds that invest in both equity and debt mutual fund. In other words, this fund acts as a combination of both debt and equity. The conservative hybrid funds will majorly invested in debt instruments. About 75 to 90 percent of their total assets will be invest in debt instruments and about 10 to 25 percent in equity-related instruments. Hybrid funds are a great option for the investors who fear of investing in equity funds. This fund will reduce the risk portion and also help in gaining optimal returns over the time.

3.2. Balanced Hybrid Fund

This fund will invest around 40-60 percent of its total assets in both debt and equity instruments.

3.3. Aggressive Hybrid Fund

This fund will invest around 65 to 85 percent of its total assets in equity-related instruments and about 20 to 35 percent of their assets in debt instruments. Mutual fund houses can offer either a balanced hybrid or an aggressive hybrid fund, not both.

3.4. Dynamic Asset Allocation or Balanced Advantage Fund

This scheme would dynamically manage their investments in equity and debt instruments.

3.5. Multi Asset Allocation

This scheme can invest in three asset classes, which means that they can invest in an extra asset class apart from equity and debt. The fund should invest at least 10 percent in each of the asset classes. Foreign securities will not be treated as a separate asset class.

3.6. Arbitrage Fund

An arbitrage fund is a popular short-term financial investment in India. Arbitrage funds are Mutual Funds that leverage the differential price between the cash market and derivative market to generate mutual fund returns. The returns generated by arbitrage funds are dependent on the volatility of the stock market. Arbitrage mutual funds are hybrid in nature and in times of high or persistent volatility, these funds offer relatively risk-free returns to investors. This fund invest at least 65 percent of its assets in equity-related instruments.

3.7. Equity Savings

This scheme will invest in equity, arbitrage and debt. Equity savings will invest at least 65 percent of the total assets in stocks and a minimum 10 percent in debt. The scheme would state the minimum hedged and unhedged investments in the scheme information document.

4. Solution Oriented Schemes

4.1. Retirement Fund

This is a retirement solution oriented scheme that will have a lock-in of five years or till the age of retirement.

4.2. Children’s Fund

This is children oriented scheme having a lock-on for five years or until the child attains the age of majority, whichever is earlier.

5. Other Schemes

5.1. Index Fund/ETF

Index Funds refer to the Mutual Fund schemes whose portfolio is constructed using a market index as a base. In other words, the performance of an index fund is dependent on the performance of a particular index. These schemes are passively managed. These funds contain shares in the similar proportion as they are in a particular index. In India, many of the schemes use Nifty or Sensex as the base to construct their portfolio. For example, if the Nifty portfolio constitutes of SBI shares whose proportion is 12% then; the Nifty Index fund will also have 12% equity shares. This fund can invest at least 95 percent of its total asset in securities of a particular index.

5.2. FoFs (Overseas Domestic)

Fund of funds is an option for those whose investment amounts are not too large and it is easier to manage one fund (a fund of funds) rather than a number of Mutual Funds. In this form of mutual fund investment strategy, investors get to hold a number of funds under the umbrella of a single fund, hence the name funds of funds. Often going by the name of multi-manager investment; it is considered as one of the mutual fund categories. One of the key advantages of multi-manager investments is that at a lower ticket size, the investor can diversify themselves across a gamut of mutual fund schemes. This fund can invest a minimum of 95 percent of its total assets in the underlying fund.

Some of the other Mutual Funds to consider:

5.3. International Funds

International Funds invest in international securities or into master funds that are domiciled out of India. Most of these funds invest in equity as an asset class. These can be of various types such as emerging market funds, developed markets funds, commodity-related international funds etc. The DSP Blackrock World Gold Fund is an example of a fund that invests in a master fund based out of India. This fund invests predominantly in gold and other precious metals. Today, there are many international Mutual Funds available in India to the investor.

5.4. Gold Funds

Gold funds are a new class of funds. These invest in gold ETFs. While gold ETFs are available to the retail investor, anyone wanting to buy an ETF has to do it through the stock exchange, which requires one to have a broking account. In a Mutual Fund, there is no such requirement, an investor can simply fill an application form and get the units allotted after making the payment.

Best Mutual Funds

Investors are always searching for the top mutual funds or best mutual funds to invest in. How to select the best mutual fund is another exercise in itself. One needs to look are various things like the goal for investing, fund house, mutual fund rating and over this follow a disciplined approach. Only then can one try and select the best mutual fund.

Top 10 Mutual Funds: Equity

The top 10 equity mutual funds to invest are always something investors try to seek. From the entire list of the funds available in a category getting to the Top 10 Mutual Funds involves doing many activities to filter the list and get the top & Best Performing Mutual Funds. The top 10 equity mutual funds to invest in are:

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
ICICI Prudential Banking and Financial Services Fund Growth ₹66.77
↓ -0.55
₹3,06815.715.213.923.818.2-0.4
Mirae Asset India Equity Fund  Growth ₹50.868
↓ -0.52
₹12,3157.77.711.217.315.7-0.6
Kotak Standard Multicap Fund Growth ₹35.662
↓ -0.30
₹24,29710.110.110.616.616.3-0.9
Franklin Build India Fund Growth ₹42.2226
↓ -0.68
₹1,25612.59.191517.6-10.7
Tata India Tax Savings Fund Growth ₹18.261
↓ -0.15
₹1,7909.3116.914.9 -8.4
Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹29.55
↓ -0.41
₹1,74113.6136.719.417.2-2.4
Kotak Equity Opportunities Fund Growth ₹119.07
↓ -0.62
₹2,5368.39.56.314.514.4-5.6
Axis Focused 25 Fund Growth ₹27.82
↓ -0.27
₹7,5849.68.23.41715.50.6
Invesco India Growth Opportunities Fund Growth ₹33.59
↓ -0.35
₹1,3045.95.53.314.914.2-0.2
DSP BlackRock Equity Opportunities Fund Growth ₹216.541
↓ -2.25
₹5,6747.261.814.114.1-9.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 21 May 19

Top 10 Mutual Funds: Debt

The top 10 debt mutual funds to invest are always something investors try to seek. From the entire list of the funds available in a category getting to the top 10 mutual funds involves doing many activities to filter the list and get the top & best performing Mutual Funds. The top 10 debt mutual funds to invest in are:

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2018 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Franklin India Ultra Short Bond Fund - Super Institutional Plan Growth ₹26.5877
↑ 0.01
₹18,3372.35.19.78.98.70%6M 18D
Franklin India Dynamic Accrual Fund Growth ₹67.0174
↓ -0.01
₹3,8921.85.29.598.411.33%2Y 1M 12D2Y 10M 20D
HDFC Corporate Bond Fund Growth ₹20.9799
↓ 0.00
₹12,6842.65.39.27.96.58.26%2Y 5M 26D3Y 5M 5D
Aditya Birla Sun Life Corporate Bond Fund Growth ₹72.316
↑ 0.01
₹15,3202.459.17.978.4%1Y 7M 20D2Y 2M 8D
Franklin India Low Duration Fund Growth ₹21.873
↓ -0.01
₹7,1071.84.698.88.410.5%10M 29D1Y 1M 18D
HDFC Banking and PSU Debt Fund Growth ₹15.1465
↓ 0.00
₹3,0012.45.18.97.65.98.66%2Y 25D2Y 7M 2D
Aditya Birla Sun Life Savings Fund Growth ₹373.142
↑ 0.08
₹15,3872.14.58.77.97.68.44%5M 26D6M 18D
Aditya Birla Sun Life Money Manager Fund Growth ₹252.914
↑ 0.05
₹11,36324.38.47.57.97.67%6M 22D6M 22D
ICICI Prudential Long Term Plan Growth ₹23.306
↓ 0.00
₹2,6472.658.18.66.28.68%3Y 7D4Y 8M 26D
Axis Credit Risk Fund Growth ₹14.6331
↑ 0.00
₹1,6591.84.27.67.15.90%
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 21 May 19
*Below is the detailed list of top mutual funds based on last one year CAGR/Annualized returns & having AUM between 200 - 10,000 Crores across categories (Equity, Debt, Hybrid, Gold etc.)

1. SBI Banking & Financial Services Fund

The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized.

SBI Banking & Financial Services Fund is a Equity - Sectoral fund was launched on 26 Feb 15. It is a fund with High risk and has given a CAGR/Annualized return of 16% since its launch.  Return for 2018 was 9.5% , 2017 was 40.7% and 2016 was 17% .

Below is the key information for SBI Banking & Financial Services Fund

SBI Banking & Financial Services Fund
Growth
Launch Date 26 Feb 15
NAV (21 May 19) ₹18.7339 ↓ -0.23   (-1.22 %)
Net Assets (Cr) ₹776 on 30 Apr 19
Category Equity - Sectoral
AMC SBI Funds Management Private Limited
Rating Not Rated
Risk High
Expense Ratio 3.02
Sharpe Ratio 0.57
Information Ratio -0.09
Alpha Ratio -4.24
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹9,542
30 Apr 16₹9,592
30 Apr 17₹13,299
30 Apr 18₹15,826
30 Apr 19₹18,133

SBI Banking & Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹556,833.
Net Profit of ₹256,833
Invest Now

Returns for SBI Banking & Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 19

DurationReturns
1 Month 4.1%
3 Month 14.8%
6 Month 18.6%
1 Year 19.5%
3 Year 24.4%
5 Year
10 Year
15 Year
Since launch 16%
Historical performance (Yearly) on absolute basis
YearReturns
2018 9.5%
2017 40.7%
2016 17%
2015
2014
2013
2012
2011
2010
2009
Fund Manager information for SBI Banking & Financial Services Fund
NameSinceTenure
Sohini Andani26 Feb 154.18 Yr.

Data below for SBI Banking & Financial Services Fund as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services94.89%
Asset Allocation
Asset ClassValue
Cash5.11%
Equity94.89%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANK
20%₹144 Cr621,000
↑ 312,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK
13%₹94 Cr2,355,814
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | KOTAKBANK
9%₹68 Cr510,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
9%₹68 Cr870,000
ICICI Prudential Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Mar 19 | ICICIPRULI
6%₹42 Cr1,200,000
↑ 1,200,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 31 Jul 17 | 540611
6%₹40 Cr678,045
Net Receivable / Payable
CBLO | -
5%₹38 Cr
GRUH Finance Ltd (Financial Services)
Equity, Since 31 Jan 19 | 511288
5%₹37 Cr1,324,990
↓ -1,300,010
State Bank of India (Financial Services)
Equity, Since 31 Jul 18 | SBIN
5%₹36 Cr1,115,000
↓ -945,000
Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 31 Mar 19 | 504973
5%₹35 Cr720,000
↑ 720,000

2. ICICI Prudential Banking and Financial Services Fund

ICICI Prudential Banking and Financial Services Fund is an Open-ended equity scheme that seeks to generate long-term capital appreciation to unitholders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized.

ICICI Prudential Banking and Financial Services Fund is a Equity - Sectoral fund was launched on 22 Aug 08. It is a fund with High risk and has given a CAGR/Annualized return of 19.3% since its launch.  Return for 2018 was -0.4% , 2017 was 45.1% and 2016 was 21.1% .

Below is the key information for ICICI Prudential Banking and Financial Services Fund

ICICI Prudential Banking and Financial Services Fund
Growth
Launch Date 22 Aug 08
NAV (21 May 19) ₹66.77 ↓ -0.55   (-0.82 %)
Net Assets (Cr) ₹3,068 on 30 Apr 19
Category Equity - Sectoral
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.52
Sharpe Ratio 0.31
Information Ratio -0.13
Alpha Ratio -10.31
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹14,675
30 Apr 16₹14,175
30 Apr 17₹22,187
30 Apr 18₹24,492
30 Apr 19₹26,516

ICICI Prudential Banking and Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656
Invest Now

Returns for ICICI Prudential Banking and Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 19

DurationReturns
1 Month 1.2%
3 Month 15.7%
6 Month 15.2%
1 Year 13.9%
3 Year 23.8%
5 Year 18.2%
10 Year
15 Year
Since launch 19.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -0.4%
2017 45.1%
2016 21.1%
2015 -7.2%
2014 69%
2013 -2.6%
2012 72.2%
2011 -31.6%
2010 32.8%
2009 77.6%
Fund Manager information for ICICI Prudential Banking and Financial Services Fund
NameSinceTenure
Priyanka Khandelwal15 Jun 171.71 Yr.
Roshan Chutkey29 Jan 181.08 Yr.

Data below for ICICI Prudential Banking and Financial Services Fund as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services89.2%
Asset Allocation
Asset ClassValue
Cash14.13%
Equity85.82%
Other0.05%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | ICICIBANK
14%₹414 Cr10,167,356
Treps
CBLO/Reverse Repo | -
10%₹308 Cr
State Bank of India (Financial Services)
Equity, Since 31 Oct 08 | SBIN
9%₹276 Cr8,913,537
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
9%₹276 Cr1,189,734
Bank of Baroda (Financial Services)
Equity, Since 31 May 17 | 532134
6%₹191 Cr16,333,758
Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Jun 13 | 532978
5%₹166 Cr220,497
Mahindra & Mahindra Financial Services Ltd (Financial Services)
Equity, Since 30 Jun 18 | M&MFIN
4%₹129 Cr3,218,383
↓ -79,092
Net Current Assets
Net Current Assets | -
3%₹101 Cr
Muthoot Finance Ltd (Financial Services)
Equity, Since 30 Apr 14 | 533398
3%₹99 Cr1,662,779
LIC Housing Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | LICHSGFIN
3%₹87 Cr1,745,821

3. UTI Nifty Index Fund

The principal investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavour to achieve return equivalent to Nifty 50 by “passive” investment. The scheme will be managed by replicating the index in the same weightage as in the Nifty 50 Index with the intention of minimising the performance differences between the scheme and the Nifty 50 Index in capital terms, subject to market liquidity, costs of trading, management expenses and other factors which may cause tracking error. The scheme would alter the scrips/weights as and when the same are altered in the Nifty 50 Index.

UTI Nifty Index Fund is a Others - Index Fund fund was launched on 6 Mar 00. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.2% since its launch.  Ranked 68 in Index Fund category.  Return for 2018 was 4.3% , 2017 was 29.7% and 2016 was 4% .

Below is the key information for UTI Nifty Index Fund

UTI Nifty Index Fund
Growth
Launch Date 6 Mar 00
NAV (21 May 19) ₹76.1879 ↓ -0.78   (-1.01 %)
Net Assets (Cr) ₹1,321 on 30 Apr 19
Category Others - Index Fund
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 0.2
Sharpe Ratio 0.53
Information Ratio -2.64
Alpha Ratio -0.28
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹12,308
30 Apr 16₹11,911
30 Apr 17₹14,220
30 Apr 18₹16,594
30 Apr 19₹18,338

UTI Nifty Index Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for UTI Nifty Index Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 19

DurationReturns
1 Month -0.4%
3 Month 8.6%
6 Month 10.7%
1 Year 12.5%
3 Year 15.8%
5 Year 11%
10 Year
15 Year
Since launch 11.2%
Historical performance (Yearly) on absolute basis
YearReturns
2018 4.3%
2017 29.7%
2016 4%
2015 -3.3%
2014 31.8%
2013 6.9%
2012 28.3%
2011 -24.8%
2010 17.7%
2009 73.8%
Fund Manager information for UTI Nifty Index Fund
NameSinceTenure
Sharwan Kumar Goyal1 May 190 Yr.

Data below for UTI Nifty Index Fund as on 30 Apr 19

Asset Allocation
Asset ClassValue
Equity100.25%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
11%₹139 Cr598,815
↑ 10,311
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 03 | RELIANCE
10%₹133 Cr952,760
↑ 16,466
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFC
7%₹92 Cr459,249
↑ 7,924
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
6%₹79 Cr1,057,939
↑ 18,226
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | ICICIBANK
6%₹73 Cr1,793,727
↑ 30,880
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC
5%₹72 Cr2,387,433
↑ 41,089
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS
5%₹66 Cr292,445
↑ 5,047
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | KOTAKBANK
4%₹52 Cr371,750
↑ 6,404
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 04 | LT
4%₹46 Cr343,533
↑ 5,901
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 532215
3%₹42 Cr543,926
↑ 9,383

4. SBI Nifty Index Fund

The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 Index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 Index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks.

SBI Nifty Index Fund is a Others - Index Fund fund was launched on 17 Jan 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.5% since its launch.  Ranked 75 in Index Fund category.  Return for 2018 was 3.8% , 2017 was 29.1% and 2016 was 3.4% .

Below is the key information for SBI Nifty Index Fund

SBI Nifty Index Fund
Growth
Launch Date 17 Jan 02
NAV (21 May 19) ₹100.238 ↓ -1.03   (-1.01 %)
Net Assets (Cr) ₹425 on 30 Apr 19
Category Others - Index Fund
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 0.69
Sharpe Ratio 0.5
Information Ratio -7.9
Alpha Ratio -0.79
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-15 Days (0.2%),15 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹12,171
30 Apr 16₹11,681
30 Apr 17₹13,900
30 Apr 18₹16,124
30 Apr 19₹17,730

SBI Nifty Index Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for SBI Nifty Index Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 19

DurationReturns
1 Month -0.4%
3 Month 8.4%
6 Month 10.4%
1 Year 11.9%
3 Year 15.3%
5 Year 10.3%
10 Year
15 Year
Since launch 14.5%
Historical performance (Yearly) on absolute basis
YearReturns
2018 3.8%
2017 29.1%
2016 3.4%
2015 -4.2%
2014 30.5%
2013 6.2%
2012 28.4%
2011 -24.6%
2010 18%
2009 74.7%
Fund Manager information for SBI Nifty Index Fund
NameSinceTenure
Raviprakash Sharma1 Feb 118.25 Yr.

Data below for SBI Nifty Index Fund as on 30 Apr 19

Asset Allocation
Asset ClassValue
Cash1.93%
Equity98.07%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 03 | HDFCBANK
10%₹44 Cr189,419
↓ -15,647
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 03 | RELIANCE
10%₹42 Cr301,391
↓ -24,896
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 03 | HDFC
7%₹29 Cr145,273
↓ -11,999
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
6%₹25 Cr334,684
↓ -27,643
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | ICICIBANK
5%₹23 Cr567,440
↓ -46,869
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
5%₹23 Cr755,261
↓ -62,383
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS
5%₹21 Cr92,512
↓ -7,643
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | KOTAKBANK
4%₹16 Cr117,604
↓ -9,712
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 04 | LT
3%₹15 Cr108,683
↓ -8,976
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | 532215
3%₹13 Cr172,015
↓ -13,460

5. IDFC Government Securities Fund - Investment Plan

IDFC – GSF -IP is an open ended dedicated gilt scheme with an objective to generate optimal returns with high liquidity by investing in Government Securities.However there is no assurance that the investment objective of the scheme will be realized.

IDFC Government Securities Fund - Investment Plan is a Debt - Government Bond fund was launched on 3 Dec 08. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.1% since its launch.  Ranked 14 in Government Bond category.  Return for 2018 was 7.8% , 2017 was 3.1% and 2016 was 13.9% .

Below is the key information for IDFC Government Securities Fund - Investment Plan

IDFC Government Securities Fund - Investment Plan
Growth
Launch Date 3 Dec 08
NAV (21 May 19) ₹22.5597 ↑ 0.02   (0.08 %)
Net Assets (Cr) ₹422 on 30 Apr 19
Category Debt - Government Bond
AMC IDFC Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.37
Sharpe Ratio 1.76
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 8.22%
Effective Maturity 9 Years 4 Months 17 Days
Modified Duration 6 Years 3 Months 11 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹11,560
30 Apr 16₹12,270
30 Apr 17₹13,826
30 Apr 18₹14,008
30 Apr 19₹15,433

IDFC Government Securities Fund - Investment Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹209,201.
Net Profit of ₹29,201
Invest Now

Returns for IDFC Government Securities Fund - Investment Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 19

DurationReturns
1 Month 2%
3 Month 3.9%
6 Month 7.1%
1 Year 11.7%
3 Year 8.4%
5 Year 9.2%
10 Year
15 Year
Since launch 8.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.8%
2017 3.1%
2016 13.9%
2015 6%
2014 16.5%
2013 6.3%
2012 13%
2011 9.9%
2010 4%
2009 -8.5%
Fund Manager information for IDFC Government Securities Fund - Investment Plan
NameSinceTenure
Suyash Choudhary15 Oct 108.46 Yr.

Data below for IDFC Government Securities Fund - Investment Plan as on 30 Apr 19

Asset Allocation
Asset ClassValue
Cash2.64%
Debt97.36%
Debt Sector Allocation
SectorValue
Government97.36%
Cash Equivalent2.64%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
08.28 GJ SDL 2029
Sovereign Bonds | -
20%₹86 Cr8,500,000
08.08 MH SDL 2028
Sovereign Bonds | -
17%₹70 Cr7,000,000
08.08 TN SDL 2028
Sovereign Bonds | -
13%₹57 Cr5,700,000
↑ 500,000
08.32 KA SDL 2029
Sovereign Bonds | -
11%₹46 Cr4,500,000
08.26 MH SDL 2029
Sovereign Bonds | -
11%₹45 Cr4,500,000
7.18% MH SDL 2029
Sovereign Bonds | -
6%₹25 Cr2,700,000
↑ 2,700,000
08.30 GJ SDL 2029
Sovereign Bonds | -
6%₹25 Cr2,500,000
08.30 KA SDL 2029
Sovereign Bonds | -
5%₹20 Cr2,000,000
GOVT STOCK
Sovereign Bonds | -
3%₹13 Cr1,300,000
↑ 1,300,000
7.35% Govt Stock 2024
Sovereign Bonds | -
3%₹11 Cr1,100,000

6. Axis Bluechip Fund

(Erstwhile Axis Equity Fund)

To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Axis Bluechip Fund is a Equity - Large Cap fund was launched on 5 Jan 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.1% since its launch.  Ranked 58 in Large Cap category.  Return for 2018 was 6.5% , 2017 was 38% and 2016 was -3.6% .

Below is the key information for Axis Bluechip Fund

Axis Bluechip Fund
Growth
Launch Date 5 Jan 10
NAV (21 May 19) ₹29.15 ↓ -0.24   (-0.82 %)
Net Assets (Cr) ₹5,144 on 30 Apr 19
Category Equity - Large Cap
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.11
Sharpe Ratio 0.45
Information Ratio -0.12
Alpha Ratio -1.02
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹12,873
30 Apr 16₹12,921
30 Apr 17₹14,935
30 Apr 18₹18,089
30 Apr 19₹19,787

Axis Bluechip 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 Axis Bluechip Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 19

DurationReturns
1 Month 2.1%
3 Month 8.5%
6 Month 11.8%
1 Year 11.7%
3 Year 16.3%
5 Year 12.6%
10 Year
15 Year
Since launch 12.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 6.5%
2017 38%
2016 -3.6%
2015 -1.2%
2014 40.8%
2013 13.5%
2012 31.7%
2011 -22.6%
2010
2009
Fund Manager information for Axis Bluechip Fund
NameSinceTenure
Shreyash Devalkar23 Nov 162.19 Yr.

Data below for Axis Bluechip Fund as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services43.42%
Technology13.79%
Consumer Cyclical9.58%
Basic Materials7.18%
Consumer Defensive5.46%
Energy3.47%
Industrials3.41%
Health Care1.68%
Communication Services0.43%
Asset Allocation
Asset ClassValue
Cash11.56%
Equity88.44%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
10%₹510 Cr2,200,000
↑ 158,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 18 | TCS
9%₹466 Cr2,060,000
↑ 335,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jul 17 | 500034
9%₹446 Cr1,439,000
↓ -10,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Aug 11 | KOTAKBANK
9%₹438 Cr3,160,000
↑ 135,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | ICICIBANK
6%₹308 Cr7,550,000
↑ 400,000
Corporate Bond Repo
CBLO/Reverse Repo | -
6%₹302 Cr
Infosys Ltd (Technology)
Equity, Since 31 Dec 17 | INFY
5%₹243 Cr3,240,000
↓ -640,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFC
4%₹205 Cr1,030,000
↑ 23,000
Larsen And Toubro Limited
Commercial Paper | -
4%₹198 Cr4,000
↑ 4,000
Avenue Supermarts Ltd (Consumer Cyclical)
Equity, Since 31 Mar 17 | 540376
4%₹197 Cr1,520,000
↑ 230,000

7. ICICI Prudential Nifty Index Fund

(Erstwhile ICICI Prudential Nifty Index Fund)

An open-ended index linked growth scheme seeking to track the returns of the S&P CNX Nifty index through investment in a basket of stocks drawn from the constituents of the Nifty.

ICICI Prudential Nifty Index Fund is a Others - Index Fund fund was launched on 26 Feb 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.1% since its launch.  Ranked 71 in Index Fund category.  Return for 2018 was 3.4% , 2017 was 28.7% and 2016 was 3.6% .

Below is the key information for ICICI Prudential Nifty Index Fund

ICICI Prudential Nifty Index Fund
Growth
Launch Date 26 Feb 02
NAV (21 May 19) ₹112.695 ↓ -1.14   (-1.00 %)
Net Assets (Cr) ₹372 on 30 Apr 19
Category Others - Index Fund
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1
Sharpe Ratio 0.48
Information Ratio -8.29
Alpha Ratio -1
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹12,328
30 Apr 16₹11,900
30 Apr 17₹14,139
30 Apr 18₹16,335
30 Apr 19₹17,919

ICICI Prudential Nifty Index Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for ICICI Prudential Nifty Index Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 19

DurationReturns
1 Month -0.4%
3 Month 8.4%
6 Month 10.4%
1 Year 11.7%
3 Year 15%
5 Year 10.5%
10 Year
15 Year
Since launch 15.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 3.4%
2017 28.7%
2016 3.6%
2015 -3.6%
2014 32.5%
2013 7.9%
2012 26.5%
2011 -23.6%
2010 18.7%
2009 75.6%
Fund Manager information for ICICI Prudential Nifty Index Fund
NameSinceTenure
Kayzad Eghlim1 Aug 099.51 Yr.

Data below for ICICI Prudential Nifty Index Fund as on 30 Apr 19

Asset Allocation
Asset ClassValue
Equity100.03%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 05 | HDFCBANK
11%₹39 Cr169,206
↓ -13,367
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 05 | RELIANCE
10%₹38 Cr269,605
↓ -21,476
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFC
7%₹26 Cr130,298
↓ -10,251
Infosys Ltd (Technology)
Equity, Since 31 Mar 05 | INFY
6%₹23 Cr302,024
↓ -23,618
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 05 | ICICIBANK
6%₹21 Cr510,147
↓ -40,044
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
6%₹21 Cr680,384
↓ -53,297
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS
5%₹19 Cr82,817
↓ -6,527
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 12 | KOTAKBANK
4%₹15 Cr104,662
↓ -8,299
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
4%₹13 Cr96,722
↓ -7,670
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 532215
3%₹12 Cr153,130
↓ -12,141

8. IDBI Nifty Index Fund

The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the S&P CNX Nifty 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 S&P CNX Nifty index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the S&P CNX Nifty index (Total Returns Index) and the scheme.

IDBI Nifty 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 CAGR/Annualized return of 9% since its launch.  Ranked 83 in Index Fund category.  Return for 2018 was 2.8% , 2017 was 27.4% and 2016 was 2.4% .

Below is the key information for IDBI Nifty Index Fund

IDBI Nifty Index Fund
Growth
Launch Date 25 Jun 10
NAV (21 May 19) ₹21.5295 ↓ -0.22   (-1.01 %)
Net Assets (Cr) ₹215 on 30 Apr 19
Category Others - Index Fund
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.94
Sharpe Ratio 0.46
Information Ratio -9.76
Alpha Ratio -1.3
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹12,160
30 Apr 16₹11,626
30 Apr 17₹13,686
30 Apr 18₹15,646
30 Apr 19₹17,113

IDBI Nifty Index Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for IDBI Nifty Index Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 19

DurationReturns
1 Month -0.4%
3 Month 8.4%
6 Month 10.3%
1 Year 11.4%
3 Year 14.2%
5 Year 9.5%
10 Year
15 Year
Since launch 9%
Historical performance (Yearly) on absolute basis
YearReturns
2018 2.8%
2017 27.4%
2016 2.4%
2015 -4.4%
2014 30.8%
2013 7.2%
2012 27.7%
2011 -24.9%
2010
2009
Fund Manager information for IDBI Nifty Index Fund
NameSinceTenure
Firdaus Ragina9 Oct 180.31 Yr.

Data below for IDBI Nifty Index Fund as on 30 Apr 19

Asset Allocation
Asset ClassValue
Cash0.11%
Equity99.89%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | HDFCBANK
11%₹23 Cr97,793
↓ -58
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 11 | RELIANCE
10%₹22 Cr155,590
↓ -92
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 11 | HDFC
7%₹15 Cr74,999
↑ 16
Infosys Ltd (Technology)
Equity, Since 30 Apr 11 | INFY
6%₹13 Cr172,776
↑ 17
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK
6%₹12 Cr292,937
↑ 15
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 11 | ITC
5%₹12 Cr389,907
↑ 31
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 11 | TCS
5%₹11 Cr47,758
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | KOTAKBANK
4%₹8 Cr60,711
↓ -06
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 11 | LT
4%₹8 Cr56,104
↓ -09
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | 532215
3%₹7 Cr88,826
↑ 141

9. Franklin India Index Fund Nifty Plan

The Investment Objective of the Scheme is to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with the Nifty 50 under NSENifty Plan

Franklin India Index Fund Nifty Plan is a Others - Index Fund fund was launched on 4 Aug 00. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.6% since its launch.  Ranked 76 in Index Fund category.  Return for 2018 was 3.2% , 2017 was 28.3% and 2016 was 3.3% .

Below is the key information for Franklin India Index Fund Nifty Plan

Franklin India Index Fund Nifty Plan
Growth
Launch Date 4 Aug 00
NAV (21 May 19) ₹92.3612 ↓ -0.91   (-0.98 %)
Net Assets (Cr) ₹265 on 30 Apr 19
Category Others - Index Fund
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately High
Expense Ratio 1.07
Sharpe Ratio 0.47
Information Ratio -6.48
Alpha Ratio -1.17
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-30 Days (1%),30 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹12,247
30 Apr 16₹11,812
30 Apr 17₹13,997
30 Apr 18₹16,118
30 Apr 19₹17,642

Franklin India Index Fund Nifty Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for Franklin India Index Fund Nifty Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 19

DurationReturns
1 Month -0.5%
3 Month 8.2%
6 Month 10.1%
1 Year 11.4%
3 Year 14.7%
5 Year 10.2%
10 Year
15 Year
Since launch 12.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 3.2%
2017 28.3%
2016 3.3%
2015 -3.6%
2014 31.2%
2013 6.9%
2012 27.7%
2011 -24.4%
2010 18%
2009 75.3%
Fund Manager information for Franklin India Index Fund Nifty Plan
NameSinceTenure
Varun Sharma30 Nov 153.17 Yr.
Srikesh Nair1 Dec 153.17 Yr.

Data below for Franklin India Index Fund Nifty Plan as on 30 Apr 19

Asset Allocation
Asset ClassValue
Cash1.3%
Equity98.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | HDFCBANK
10%₹28 Cr119,221
↑ 1,075
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 03 | RELIANCE
10%₹26 Cr189,681
↑ 1,710
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFC
7%₹18 Cr91,432
↑ 824
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
6%₹16 Cr210,632
↑ 1,899
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | ICICIBANK
5%₹15 Cr357,130
↑ 3,220
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 11 | ITC
5%₹14 Cr475,338
↑ 4,285
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS
5%₹13 Cr58,223
↑ 525
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | KOTAKBANK
4%₹10 Cr74,014
↑ 668
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT
3%₹9 Cr68,399
↑ 616
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | 532215
3%₹8 Cr108,289
↑ 977

10. SBI Magnum Equity ESG Fund

(Erstwhile SBI Magnum Equity Fund)

To provide the investor long-term capital appreciation by investing in high growth companies along with the liquidity of an open-ended scheme through investments primarily in equities and the balance in debt and money market instruments.

SBI Magnum Equity ESG Fund is a Equity - Sectoral fund was launched on 27 Nov 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.4% since its launch.  Ranked 47 in Sectoral category.  Return for 2018 was 3.3% , 2017 was 24.1% and 2016 was 4.5% .

Below is the key information for SBI Magnum Equity ESG Fund

SBI Magnum Equity ESG Fund
Growth
Launch Date 27 Nov 06
NAV (21 May 19) ₹105.704 ↓ -1.08   (-1.01 %)
Net Assets (Cr) ₹2,317 on 30 Apr 19
Category Equity - Sectoral
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 2.54
Sharpe Ratio 0.38
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
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 Apr 14₹10,000
30 Apr 15₹13,432
30 Apr 16₹13,647
30 Apr 17₹16,082
30 Apr 18₹18,107
30 Apr 19₹19,575

SBI Magnum Equity ESG 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 SBI Magnum Equity ESG Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 19

DurationReturns
1 Month 0.2%
3 Month 8.5%
6 Month 10.2%
1 Year 11.1%
3 Year 13.4%
5 Year 12.6%
10 Year
15 Year
Since launch 11.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 3.3%
2017 24.1%
2016 4.5%
2015 2.4%
2014 42.6%
2013 5.5%
2012 29.9%
2011 -19.7%
2010 18.3%
2009 87.9%
Fund Manager information for SBI Magnum Equity ESG Fund
NameSinceTenure
Ruchit Mehta7 May 180.98 Yr.

Data below for SBI Magnum Equity ESG Fund as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services36.79%
Technology12.78%
Energy11.07%
Industrials8.75%
Basic Materials7.68%
Consumer Cyclical7.2%
Consumer Defensive6.31%
Health Care3.81%
Communication Services1.73%
Asset Allocation
Asset ClassValue
Cash3.69%
Equity96.28%
Debt0.03%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 11 | RELIANCE
10%₹223 Cr1,600,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
9%₹211 Cr910,000
↑ 100,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Nov 17 | TCS
5%₹124 Cr550,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 09 | ICICIBANK
5%₹122 Cr3,000,000
Infosys Ltd (Technology)
Equity, Since 28 Feb 03 | INFY
5%₹122 Cr1,620,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 14 | KOTAKBANK
5%₹119 Cr860,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 532215
5%₹115 Cr1,500,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
5%₹115 Cr370,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 16 | LT
5%₹108 Cr800,000
Treps
CBLO/Reverse Repo | -
3%₹70 Cr

Mutual Fund Companies

There are 42 Mutual Fund companies in India (called Asset Management Companies “AMCs”) which provide mutual fund schemes which investors can invest in. These Mutual Fund companies are regulated by SEBI. Some of the noticeable Mutual Fund Companies are:

1. SBI Mutual Fund

SBI Mutual Fund was set up in 1987 by the State Bank of India. Today SBI MF manages INR 1,57,025 crore (Mar-31-2017) of assets. It is one of largest asset management companies in India and offers over 70 funds across categories of equity, debt and balanced.

2. HDFC Mutual Fund

Setup in the year 2000, HDFC asset management company is one of the prominent asset managers looking after some famous names such as HDFC Equity Funds and the HDFC top 200 Fund. Today, it manages INR 2,37,177 crore (Mar-31-2017) of assets. It has schemes across asset classes and boasts of over 63 schemes that it manages. It is backed by the parent of the very large banking institution called Housing Development Finance Corporation (HDFC).

3. Reliance Mutual Fund

Setup in 1995, Reliance Mutual Fund is one of the oldest Mutual Fund companies in India. With explosive growth over the last 2 decades, today it has over 210890 crores (Mar-31-2017) of assets under management. It manages some of the oldest funds in the industry such as Reliance Vision Fund, Reliance Growth Fund, Reliance Banking Fund & Reliance Liquid Fund.

4. UTI Mutual Fund

UTI Mutual Fund is the oldest asset management company in India. Mutual Funds in India started in 1963 with the formation of the Unit Trust of India (UTI), since then UTI has grown over the years. Today, UTI AMC is a very large asset manager with assets of 1,36,810 crore (Mar-31-2017). Some of its prominent funds are UTI equity fund and UTI MNC Fund. It offers fund across asset classes.

5. Franklin Templeton Mutual Fund

Franklin Mutual Fund was set up in 1995. It is also a large fund house with assets of 81,615 crores (Mar-31-2017). Franklin Templeton Mutual Fund is backed by the US parent Templeton International Inc. Franklin Templeton Mutual Fund is a very process driven fund house

6. LIC Mutual Fund

Backed by the Life Insurance Corporation of India (LIC), this mutual fund company started operations in 1994. Today it manages about INR 21,475 crore (Mar-31-2017) of assets.

7. Blackrock Mutual Fund

DSP BlackRock Mutual Fund is a joint venture of DSP Group and BlackRock Inc. Setup in 1996 the fund house manages across asset classes. It manages names such as the DSP Blackrock Microcap Fund & the DSP Blackrock taxsaver Fund.

How To Invest In Mutual Funds

How to invest in Mutual Funds?There are various avenues to invest, one can go directly to funds houses, also one can use the services of a broker or distributor or one can even use a financial advisor. There are many advantages of using the services of a distributor, instead of going to different AMCs, making the process cumbersome one can use a distributor who can help interact and do the purchases & redemptions with all of them and make the process easy for the investor. Today, investors can also make the purchase of mutual funds online and be sitting at home to complete the entire process.

Mutual Fund Investment Plans

One can make various Mutual Fund investment plans given the risk profile of the investor. For those who can take higher risk, there are equity funds and for those with lower risk, there are debt/money market funds. One can do goal planning with various calculators to achieve a goal such as buying a house, car or any other asset. Using a SIP over a period of time one can try and achieve these goals. Also, using asset allocation one can choose the mix of assets given the level of risk one can tolerate.

Mutual Fund NAV

The industry is very transparent; funds are required to publish their prices daily. The price is known as the Net Asset Value (NAV). All mutual funds are required by SEBI to publish their NAV daily. The NAVs are published on websites of most AMCs as well as at the website of AMFI to ensure transparency.

Mutual Fund Calculator

The mutual fund calculator is a very important tool to plan for goals using SIPs and also to see how one can grow using the systematic investment plan. Taking basic inputs such as expected growth rate and inflation it can do all sorts of calculations. Access the calculator here:

Know Your Monthly SIP Amount

   
My Goal Amount:
Goal Tenure:
Years
Expected Annual Returns:
%
Total investment required is ₹56/month for 5 Years
  or   ₹2,381 one time (Lumpsum)
to achieve ₹5,000
Invest Now

Mutual Funds: Index Funds

Today, there are many index funds also available on the mutual fund platform. These are offered by various mutual fund companies. Other than index funds, there are various Exchange Traded Fund (ETFs) also available on the mutual fund platform.Nifty ETFs, Gold ETFs etc to name a few are all available in the fund's form.

Mutual Fund Ratings

Mutual funds ratings today are provided by many players like CRISIL, ICRA, MorningStar etc to name a few. mutual fund ratings usually take in a number of quantitative as well as qualitative factors to arrive at the final rating. The Mutual Fund rating is a good starting point for an investor in selecting the scheme.

Today, mutual funds have become an important route for retail investors, and choosing the best fund is very important for investors. Investors should always do their bit of research in understanding which funds to invest in and choosing the right distributor/advisor to help them on this journey.

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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Bholanath, posted on 30 Nov 18 4:21 PM

Great Read. Informative Page about all types of mutual funds.

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