Best Mutual Funds to invest in as Assets Under Management reach record high
26 May 2017
Priyanka Sharma
New Page 1
The Mutual Fund industry has witnessed a steady surge in investment in
the recent past, especially among retail investors. According to the data published by the
Association of Mutual Funds in India, the Average Assets Under Management (AAUM) of the
Indian Mutual Fund industry for the month of March 2017 stood at Rs 18.58 lakh crore. For
an investor, it has become increasingly important to know about different MF options
available and the respective returns.
Within a 10 year period, the AUM of the Indian MF Industry has grown
from Rs 3.26 lakh crore as on March 31, 2007 to Rs 17.55 lakh crore as on March 31, 2017.
Perhaps one of the highlights of this trend is that there has been a consistent increase
in the number of folios under equity and the ELSS schemes. Data showed that the total
number of accounts, or folios as per Mutual Fund parlance, as on March 31, 2017 stood at
5.54 crore, while the number of folios under equity, ELSS and balanced schemes, wherein
the maximum investment is from retail segment, stood at Rs 4.44 crore.
Today, an average Indian investor is more aware about Mutual Fund
investments and wants to create wealth in a systematic and planned manner. Indian Mutual
Funds have currently about 1.35 crore SIP accounts through which investors regularly
invest in Indian Mutual Fund schemes. AMFI data shows that the MF industry added about
6.26 lakh SIP accounts each month on an average during the current financial year, with an
average SIP size of about Rs 3,200 per SIP account.
Given the heightened interest of an average investor and the plethora
of investment opportunities available today, here is a list of funds across different
segments, including Balanced Funds, Large-cap and mid-cap and multi-cap funds, and debt
funds, besides others.
Balanced Funds
Scheme
Name
|
Corpus
(Rs cr)
|
6 M (%)
|
1 Y (%)
|
3 Y (%)
|
5 Y (%)
|
Expense
Ratio (%)
|
HDFC Prudence Fund(G)
|
19,959
|
11.8
|
30.1
|
19.7
|
17.1
|
2.27
|
ICICI Pru Balanced Fund(G)
|
9,147
|
9.4
|
25.4
|
19.6
|
18.8
|
2.09
|
Birla SL Balanced '95
Fund(G)
|
7,419
|
8.3
|
23.2
|
20.3
|
18.2
|
2.29
|
Large Cap
Scheme
Name
|
Corpus
(Rs cr)
|
6 M (%)
|
1 Y (%)
|
3 Y (%)
|
5 Y (%)
|
Expense
Ratio (%)
|
SBI BlueChip Fund-Reg(G)
|
12,586
|
8.1
|
20.3
|
21.4
|
20.3
|
2.11
|
Birla SL Top 100 Fund(G)
|
2,663
|
10.8
|
26
|
19.2
|
19.2
|
2.29
|
IIFL India Growth
Fund-Reg(G)
|
362
|
6.4
|
28.7
|
0
|
0
|
1.95
|
Multi-cap
Scheme
Name
|
Corpus
(Rs cr)
|
6 M (%)
|
1 Y (%)
|
3 Y (%)
|
5 Y (%)
|
Expense
Ratio (%)
|
Reliance Growth Fund(G)
|
6,091
|
11.6
|
33.9
|
23.5
|
18.6
|
2.00
|
Birla SL Equity Fund(G)
|
4,801
|
9.2
|
33.9
|
24.7
|
22.6
|
2.20
|
Franklin India Prima Plus
Fund(G)
|
10,703
|
9.6
|
20.8
|
22.1
|
19.7
|
2.32
|
DSPBR Small & Mid Cap
Fund-Reg(G)
|
3,405
|
15.6
|
43.5
|
33
|
25
|
2.54
|
Reliance Mid & Small
Cap Fund(G)
|
2,758
|
10.7
|
34.9
|
28.6
|
24.2
|
2.06
|
Mid-cap
Scheme
Name
|
Corpus
(Rs Cr)
|
6 M (%)
|
1 Y (%)
|
3 Y (%)
|
5 Y (%)
|
Expense
Ratio (%)
|
UTI Mid Cap Fund(G)
|
3,828
|
9.1
|
26.9
|
29.6
|
26.8
|
2.34
|
SBI Magnum MidCap
Fund-Reg(G)
|
3,583
|
7.2
|
23.7
|
29.9
|
28.8
|
2.04
|
Franklin India Prima
Fund(G)
|
5,389
|
13.8
|
33.3
|
30.5
|
27.6
|
2.36
|
HDFC Mid-Cap Opportunities
Fund(G)
|
15,734
|
14.9
|
39
|
30
|
26.1
|
2.22
|
Small-cap
Scheme
Name
|
Corpus
(Rs Cr)
|
6 M (%)
|
1 Y (%)
|
3 Y (%)
|
5 Y (%)
|
Expense
Ratio (%)
|
Franklin India Smaller Cos
Fund(G)
|
5,238
|
11.9
|
33.1
|
33.2
|
31.7
|
2.38
|
Reliance Small Cap Fund(G)
|
3,344
|
20.2
|
46.3
|
39.3
|
32.7
|
2.04
|
ELSS
Scheme
Name
|
Corpus
(Rs Cr)
|
6 M (%)
|
1 Y (%)
|
3 Y (%)
|
5 Y (%)
|
Expense
Ratio (%)
|
Birla SL Tax Relief '96(G)
|
3,189
|
11.1
|
24.7
|
25.1
|
2.8
|
2.35
|
Reliance Tax Saver (ELSS)
Fund(G)
|
7,661
|
13
|
30.4
|
24.7
|
1.6
|
1.99
|
Axis LT Equity Fund(G)
|
12,396
|
7.8
|
20.7
|
22.7
|
2.7
|
1.98
|
Debt Mutual Fund
Scheme
Name
|
Corpus
(Rs Cr)
|
6 M (%)
|
1 Y (%)
|
3 Y (%)
|
5 Y (%)
|
Expense
Ratio (%)
|
HDFC Medium Term
Opportunities Fund(G)
|
8,622
|
3.3
|
9.3
|
9.5
|
0.3
|
0.31
|
HDFC Short Term
Opportunities Fund(G)
|
9,564
|
3.6
|
8.6
|
9.1
|
0.4
|
0.36
|
Reliance STF(G)
|
15,628
|
3
|
8.4
|
9.1
|
0.3
|
1.05
|
Reliance Money Manager
Fund(G)
|
14,172
|
3.5
|
7.9
|
8.4
|
0.5
|
0.56
|
Source: IIFL Research