5 Mutual Funds to Invest Today

5 Mutual Funds to Invest Today

by Jitender Singh Last Updated: Dec 11, 2022 - 08:08 pm 192k Views

Everybody wants to generate good returns to create wealth to meet their financial goals, but many investors failed to meet their financial obligations. Most people argue that they don’t have enough money to invest. Such investors can start investing via mutual funds since investors can start investing in mutual funds with a small amount of Rs 500 per month via SIP. The Indian mutual fund industry is well regulated, transparent and mature.

There are numerous mutual funds schemes in the market which makes the selection process an ordeal. To make the selection process easier, we have selected the five best mutual funds to create wealth in the long-term.

Scheme Name

Fund Manager

AUM

(Rs cr)

1M

(%)

6 M

(%)

1 Y

(%)

3 Y

(%)

5 Y

(%)

ICICI Pru Equity & Debt Fund(G)

Sankaran Naren

26,729

2.2

1.1

0.8

12.1

16.8

Axis Focused 25 Fund(G)

Jinesh Gopani

5,904

-0.3

-5.3

3.1

15.1

16.6

Tata Equity P/E Fund(G)

Sonam Udasi

4,746

1.1

-9.1

-4.5

15.0

21.8

Franklin India Prima Fund(G)

R. Janakiraman

6,127

0.8

-8.8

-5.7

11.0

22.2

DSP Midcap Fund-Reg(G)

Vinit Sambre

5,249

2.1

-10.4

-7.5

12.5

22.7

Returns less than 1 year are absolute; Returns greater than 1 year are CAGR.
AUM as on: October 2018; Returns as on November 16, 2018
Source: ACE MF

ICICI Pru Equity & Debt Fund

  • It is an equity-oriented balanced fund, which does tactical allocation between debt and equity, based on the market outlook to ensure optimal risk reward. The fund increases its exposure in debt when the equity market is overvalued and increases its allocation to equity when it is undervalued.
  • As of October 2018, the fund had invested ~73% of AUM in equity and ~22% was allocated to debt. The fund had invested ~66% of the AUM in large-cap stocks, while ~8% was invested in mid-cap and small-cap stocks.
  • Investors who want to follow balanced approach i.e. 65% equity and ~35% debt can invest in the scheme to create wealth in long term.

Axis Focused 25 Fund

  • It is an equity fund that invests in high conviction stocks, maximum 25 stocks, from the top 200 stocks by market capitalization. The fund’s strategy is to invest in quality companies with credible management, sustainable profit growth & cash flow, and having a clean balance sheet.
  • As of October 2018, the fund had invested ~69% of AUM in large-cap stocks and ~14% was allocated to mid-cap stocks to give steady growth over the long term.
  • Investors who want to take exposure in high conviction large-cap and mid-cap stocks can invest in the fund to create wealth in the long term.

Tata Equity P/E Fund

  • It is a value conscious equity fund, which aims to invest 70-100% of its AUM in stocks whose 12 months rolling PE ratio is lower than 12 month rolling PE ratio of BSE Sensex. The remaining AUM is allocated in other equity and debt instruments.
  • As of October 2018, the fund had invested ~56% of AUM in large-cap stocks, ~19% was allocated to mid-cap and small-cap stocks, and ~24% (~Rs1,168cr) in cash.
  • Investors who are value conscious and want to invest in large-cap and mid-cap stocks can invest in the fund.

Franklin India Prima Fund

  • It predominantly invests in small-cap and mid-cap stocks, which tend to exhibit higher growth than large-cap stocks. It aims to identify and invest in companies which are at an early stage of the business life cycle, as they have an enormous potential to grow.
  • As of October 2018, the fund had invested ~66% of AUM in mid-cap stocks, ~16% was in large-cap stocks and ~11% was allocated to small-cap stocks.
  • Investors who want to primarily invest in mid-cap stocks can invest in this fund to create wealth in long term.

DSP MidCap Fund

  • It is a mid-cap equity fund which invests in stocks beyond top 100 companies, based on market capitalization. The fund manager follows bottom-up approach to select the stocks. invests in stocks with consistent earnings and significant growth potential.
  • As of October 2018, ~66% of its AUM was invested in mid-cap stocks, ~6% was invested in large-cap stocks, and ~24% in small-cap stocks to generate high returns for investors.
  • Investors who want to primarily invest in mid-cap and small-cap stocks can invest in this fund to create wealth in long term.

How do you rate this blog?

or

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Nifty Outlook for 6 June 2023

After a gap-up opening, the nifty index traded higher throughout the day and settled at 18593.85 levels with a 60 points gain. While, Banknifty inched up by 0.37%, and closed at 44101.65. On the sector front, Nifty Auto & Media has contributed more than 1% gains, followed by the Metal and Commodities indices. While PSUBANK, FMCG & IT dragged slightly for the day.

  • Jun 05, 2023
How to Protect Demat Accounts from Fraud

Introduction In today's digital age, knowing how to protect a demat account from fraud is crucial. An electronic repository for retaining your securities, a demat account is susceptible to many forms of fraud and online threats. However, you can protect your demat account and lessen the risk of fraudulent actions by taking crucial precautions.

  • Jun 04, 2023
How To Make ₹50 Lakh in 5 Years

Introduction A person starts investing with a sizable financial objective, but whether they can create that much money is always questionable. The goal is to become wealthy - a billionaire numerous times over. Making 50 lakhs in 5 years may seem to be an impossible feat, but it is not. Anyone may accomplish important financial objectives with appropriate preparation and dedication.

  • Jun 04, 2023

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number