Top 5 low risk equity mutual funds
5paisa Research Team
Last Updated: 5th January 2024 - 05:25 pm
Lately, the volatility popped its head out leading to pressure in the equity markets. Here is the list of top 5 equity mutual funds with comparatively lower risk.
After rallying for almost 18 months, Nifty 50 snapped its winning streak in the month of October 2021 and began to show lower tops and lower bottoms. Presently, it is revolving in a corrective phase. Volatility is on the rise globally and India is no different. Post recording an all-time high of 18,604.45, Nifty 50 began to tumble. India VIX, which is considered to be the barometer of volatility, surged from the lows of 9.03 in September 2021 to 23.82 in November 2021 and is presently trading at 16.75.
Amid rising cases of the new coronavirus variant Omicron, there is some uncertainty peeping in, and this has led to volatile markets. Therefore, if you are someone who cannot stomach such market or are a conservative investor, then you might be seeking to invest in an equity fund having low risk. In this article, we have listed the top 5 funds that are low at risk.
Here is the list of top 5 funds that are low a risk.
|
Fund Name |
Standard Deviation |
Sharpe Ratio |
Sortino Ratio |
Beta |
|
Parag Parikh Flexi Cap Fund |
17.75 |
1.32 |
1.34 |
0.72 |
|
Axis Flexi Cap Fund |
17.35 |
0.98 |
1.16 |
0.74 |
|
Axis Midcap Fund |
18.59 |
1.14 |
1.15 |
0.71 |
|
BNP Paribas Large Cap Fund |
18.23 |
0.81 |
0.94 |
0.83 |
|
Canara Robeco Bluechip Equity Fund |
18.64 |
0.89 |
1.04 |
0.86 |
The above table lists the top 5 equity funds that are low on risk compared to other equity mutual funds. Having said that, being equity mutual funds, they would be carrying the traits of equities and do not expect them to be as safe as debt funds. Therefore, at current juncture it is important to have a proper balance between equity and debt mutual funds. This will help you contain downside risk in a more efficient way.
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