Best Mutual Funds to invest in as Assets Under Management reach record high

Priyanka Sharma

26 May 2017

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

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mutual-fund

Why to Choose Mutual Funds Instead of Directly Investing Into Equities?

Whether to invest in equities or mutual funds is a question that has plagued every investor. As someone who needs the best value for his/her investment should you invest in equity directly or via mutual funds?

Let’s start by first understanding what these two terms ‘equities’ and ‘mutual funds’ stand for-

Equities- Equities generally represent ownership of a company. If you own any equity in a company, you are a part owner of the said company (depending on how much equity you own).

Mutual Funds – It is an investment scheme which is professionally managed by an asset management company. It pools together the resources of a group of people and invests their money in equities, debentures, bonds and other securities.

Why choose mutual funds over equities?

For people who’ve never invested in either stocks or mutual funds, it is hard to know which is better and where to start. Broadly speaking, if you are a novice investor, mutual funds are not only less risky but also way easier to manage. Here are some ways in which investing in mutual funds is beneficial as opposed to investing in equities -

Diversification

Mutual funds provide more diversification as compared to an individual equity stock. When you invest in equity, you are investing in a single company which has its inherent risk. For example, if you invest Rs.20,000 in buying equities of one company, you could face a total loss if that particular company performs poorly in the market.  

If you invest the same amount in mutual funds, it will be invested in different kinds of stocks and financial instruments, high-risk and low-risk both, so you might not face total loss even if one company does poorly.

Scale of Investment and Lower Costs

For an individual investor buying and selling stocks is a difficult task due to its high price. Thus, any gains made from stock appreciation are nullified if the overall trading costs are considered. Comparatively with mutual funds, as the money is pooled from a large number of investors, the cost per individual is lowered.  

Another advantage of mutual funds is that you don’t need to invest large sums of money. Buying equities for a profitable venture needs huge amounts of money, a minimum of few lakhs. With mutual funds, you can start with Rs.1000 and earn profits on that as well.

Convenience

Keeping an eye on the markets everyday is a time-consuming business, especially if you are investing as a side gig. There are people who spend their lives studying the market and still end up sustaining heavy losses. Though investing in mutual funds does not guarantee high returns, it is stress-free and needs less work as compared to investing in equities.

To sum it up

It is important to remember that mutual funds have their own disadvantages as well. Thus, as with any financial decision, educating yourself and understanding the suitability of all the available options is the ideal way to invest. 


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Best Mutual Funds to invest in as Assets Under Management reach record high

Priyanka Sharma

26 May 2017

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

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