Top 3 Mutual Funds To Buy And WHY

Mutual Funds are a very lucrative format of making investments since they allow not only hedging against risks from probable and improbable loss but also providing the option to maximise the probable return. The country has many mutual funds which are listed and offer very favourable returns as compared to the amount of capital required to be invested and consequent risks.
Tall Claims:
There are many claims as to which funds are the best to invest in. For instance the Goldman Sachs PSU Bank BeES fund invests at least 90% of its total corpus in the index corresponding. However, fund return has been dismal negatives when one looks at period averages of 6 months to 5 years. The SBI FMCG fund direct plan – growth claims to be a top equity fund.

The Best 3:

Franklin India Opportunities fund is considered one of the best large cap funds. It has given good average returns in the long run. The idea when looking at this is not be short term oriented. Canara Robeco Emerging Equities is ranked by CRISIL as the numero uno in small and mid cap funds. It had quarter 1 returns in 2015 of 4.4%. Average returns between periods 6 months to 5 years have been positive all through. This shows the stability in it. ICICI prudential exports and other services fund in diversified equity, is ranked at number 1 by most top credit rating agencies. While quarter 2 returns had been in the red after a good 2015 first quarter, this fund has been known to bounce back and reward those who are patient.

Top 3 – A Different School of Thought:

As per some other schools of thought and rankings from analysts the following three are considered best across the board irrespective of type. ICICI Pru Focussed Blue Chip Fund is rather popular due to its strategy to invest in the top 20 large cap scrips from amongst top 200 NSE. This is a fund which has rewarded those who have been patient. It has couple a 17% average annual yield with returns of about a lakh for someone who had invested as low as 1000 cumulatively 60000 over 5 years. The stability in returns is a definite draw here.

UTI Equity Mutual Fund is liked by those who look for a mix between debt and equity with more weight on equity. 16% annualised versus the 10.3% offered by the top 100 of S&P BSE make it very attractive. The HDFC TOP 200 Fund with good market show in divers market cycles and 15% annualised is a good bet as per many.

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