Mutual funds are one of the best investment options for wealth creation in India. But, the biggest pain is to find out best performing mutual funds that will help you in fulfilling your financial goals. There are thousand numbers of mutual funds schemes available in the market, which makes Investor confused about which mutual fund they should select for investment. So, if you are a confused investor and looking for the good mutual fund for the investments you are at right place. In this post, I will be sharing information about Top 20 Best Mutual Funds for 2016.
Methodology to Identify Best Mutual Funds –
I have followed methodology given below to identify best mutual funds.
- Historical Return – I have short- listed these mutual funds based on historical performance. Last 5-year return is considered in order to decide best performing fund. This return is compared with peer funds in the same category.
- Age of Fund House and Credibility – Another important selection factor is the age of fund house and credibility. I have considered mutual funds from oldest fund house with good credibility.
- Risk Factor – Higher the risk, higher the return considering this philosophy in mind I have selected mutual fund High and Moderate Risk factor.
- Fund Manager – I have considered Fund Manager Expertise and experience for the selection of these mutual funds.
- I have checked investment portfolio of these funds.
- Last but not least I have also checked rating of this fund by CRISIL and Value Research.
- I have tried to identify mutual funds from all major categories like Large Cap, Small Cap Mid Cap, Balance, ELSS etc.
- All information given here are taken from Value Research and Money Control.
Read – How to Invest in Direct Mutual Funds Plans?
20 Top Performing Mutual Fund SIPs in India for 2016
Top 4 Best Performing SIP Large Cap Funds
Equity mutual funds that invest more than 75% in CRISIL defined Large Cap stocks for six months or above is known as large cap funds. Average return given by this category in 1 year is 17.1%. Top 4 best performing fund under this category are SBI Blue Chip Fund, UTI Equity Fund, UTI Top 100 Fund and ICICI Prudential Focused Bluechip Equity Fund.
Top 4 Best Performing Large & Mid Cap Funds
Equity Mutual funds that invest their money in the large cap as well as mid-cap stock is known as large & mid cap fund. Average return given by this category in last 1 year is 15%.Top 4 Best performing fund in this category are Franklin India Flexi Cap, BNP Paribas Equity, Franklin India Prima Plus and ICICI Pru Value Discovery fund.
Top 3 Best Mid and Small Cap Funds
Funds that invest their money in a mid cap and small cap stocks is known ad mid cap small cap fund. Average return given by this category in last 1 year is 29%. Top 3 Best performing mid & small cap funds are SBI Magnum Mid Cap, Franklin India Smaller Companies Fund and BNP Paribas Mid Cap fund.
Top 3 Best Balance Funds
Mutual Funds that invest 65-80% amount in equity and rest in debt are known as balance fund. These types of funds are suitable for new investors. The Average return provided by this fund category in last one year is 14%. Top 3 Best balance funds for investment are HDFC Balance Fund, SBI Magnum Balance Fund and Tata Balance Plan A.
Top 3 Best ELSS Funds
The main objective of this fund category is to provide income tax benefit to the investor under section 80c. The Average return provided by this fund category in last one year is 21%. Top ELSS funds are Axis Long-term Equity fund, Franklin India Tax Shield Fund and IDFC Tax Advantage fund.
Top 3 Debt Income Funds
These types of mutual funds invest their money in debt instruments like government bonds, fixed deposit, corporate deposit etc. These types of funds are for conservative investors. Top 3 debt income funds are ICICI Prudential Long-term fund, Franklin India Income Opportunity fund and Tata Dynamic Bond Fund Plan B.
Also Read – Best Balance Mutual Funds in India
Points to Consider before making Investment in Mutual Funds –
- Before making any investment, you should be clear about time horizon expected return and investment objective. Build your mutual fund portfolio based on your financial goals.
- I have given some of the top performing best mutual funds here. It is not necessary to invest in each category mutual funds to build your portfolio. Select only four to five mutual funds as per your investment goal.
- Always select SIP route for investment rather than doing lump sum investment. Invest in mutual funds for the long term at least 5 years or above. If you are a conservative investor you can start building your portfolio by investing in debt or balance funds.
- Please do not invest in any mutual funds based on tips. Carry out proper research before making an investment. Take advice from expert or Certified Financial planner.
- Review and balance your mutual fund portfolio at regular interval. Consider STP (Systematic Transfer Plan) for switching from one mutual fund to other.
- If your mutual fund portfolio is generating negative returns, do not panic. Don’t redeem or Stop SIPs. Avoid taking any decision based on short-term market movements. Continue your SIPs for the longer period.
- Invest in Growth based mutual funds over dividend based mutual funds. Stay away from New Fund offers (NFOs).
- Please Remember “Mutual Funds Investments are subject to market risks. Please read the offer document carefully before investing”.
You might have already invested in mutual funds. You may or may not find your funds in above Best performing mutual funds that does not mean that your selection is wrong. Remember that there are thousand number of mutual funds scheme and selection terminology selected by every individual is different.
Stay invested in your mutual funds and monitor performance of the funds closely.
Do share your queries and comments.
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vijay
Hello Raviraj,
I am investing in following funds from last 1 yr. I plan to invest them for a long term 10+ years. Please review and suggest any changes.
Quantum longterm equity fund
Axis long term equity
Can robecco eq tax saver
HDFC mid cap opp
HDFC balanced fund
HDFC top 200
Thanks,
Vijay
Raviraj Parekh
Dear Vijay,
Following mutual funds selected by you is very good.
Axis long-term equity – ELSS – Good – Continue
HDFC balanced fund – Balance – Good – Continue
Can robecco eq tax saver – Relatively new giving good returns
For Following Mutual funds you may think and change your investment decision.
Quantum long-term equity fund – Average – Switch to other
HDFC top 200 – Weak Performance – Switch to other
HDFC mid cap opp – Average performer in Catagory
Regards,
Raviraj
Diwakar Gupta
I want to invest 5000/ Monthly in a good Mutual fund or in Share Market, which is the best opting in considering long term investment and good return.
Raviraj Parekh
You can invest in SBI Bluechip Fund and HDFC Balanced Fund.
Anu
Hi Raviraj,
I’m investing 2000/monthly in Birla sun life frontline equity fund for last 2 years. Please advice if any changes needed.
Thanks,
Anu
Raviraj Parekh
Dear Anu,
Birla Sun Life Frontline Equity fund is average performer mutual fund.You can think to switch from this fund to UTI Equity or SBI Magnum Balance Fund.
Radha
Hi
I want to learn trading from basics ,i am unable to learn online, Would want to do trading from home due to health reasons, Kindly suggest from where i can learn before i start trading, i stay in Bangalore. Regrds n Tks in advance.
Raviraj Parekh
You can learn trading by investing and doing online trading. Books and Internet may help you in learning that however doing it yourself will help you a lot.
Rahul
Info: I am 32yrs old living in Mumbai. Married with no kids yet.
I want to invest in below funds for long term – 20yrs.
Based on some research over morningstar, valueresearch and youtube videos I have compiled this list of portfolio for me. I have also listed my expeceted YoY returns over 20yrs.
1) ICICI Prudential value discovery (Mid and Small Cap) – 15%
2) Franklin India Smaller Companies (Mid and Small Cap) – 15%
3) UTI Equity Fund (Large Cap) – 11%
4) HDFC Balanced Fund (Balanced) – 12%
5) Tata Balanced Fund (Balanced) – 12%
I am expecting approx 12-13% from my portfolio over 20yrs. Kindly let me know if my expection is justifiable.
I will be going for DIRECT plan with DIVIDEND PAYOUT option for all the above funds. If you don`t agree with this option suggestion is welcome.
I would like your second opinion if this portfolio is fine.
I also have 2 questions on fees:
1)I have HDFC Securities account. It provides option to buy MF of any AMC online. I see that they did not charge me any fees. I was also able to buy DIRECT plan from HDFC Sec. (I thought direct plans can be bought only from AMCs). They are not letting me start SIP in MFs though. Is there something I am missing here? How is HDFC Sec making money? Will they charge me later?
2) I am not able to find expense ratio of DIRECT plan for MFs. All sites morningstar, valueresearch, etc show different percentage amount! I also went to AMC site directly and could not find info in some cases. If possible and if not much work can you please share with me current expense ratios of plans i selected? or can you share any document if you may maintain on expense ratios?
Raviraj Parekh
Dear Rahul,
List of Mutual Funds in which you are planning to invest is absolutely fine.My suggestion is given below.
(1) You can merge Tata Balance and HDFC Balance and select single fund.
(2) Direct plan is very good option for investment you can go with that.
(3) I advise to select Growth option instead of dividend payout.
Answer of your query is given below:-
(1) SIP is available as per detail shown in HDFC online website. Kindly explore the details if required contact them over phone.
(2) HDFC sec is making money by Entry/Exit load and from investment they do.
(3) Expense ratio of direct plan are also available on Value Research you can google to find details.One example is -http://www.icicipruamc.com/download/Expense_Ratio.pdf
Hope you find above information useful drop in your comments incase i missed anything.
gaurav bagga
sir,
want to invest 2000pm in which sip should invest
Raviraj Parekh
Please Invest in UTI Top 100 or ICICI Pru Value Discovery Fund.
SUBIN
Sir,
I am a NRI, Age 34 planning to start SIP of Rs. 5000 per month for 20 years. in mutual fund. Please recommend some good funds fir long term.
Raviraj Parekh
Hello, You can invest in UTI Top 100 Fund and HDFC Balance Fund.
Bhaveshkumar parmar
Hello Raviraj,
I want to invest 5000/month in sip for 5 to 10 years.please review and suggest if any
Icici pru focussed blue chip fund,
Icici prudential dynamic fund
Please suggest me in which i will invest if any other please inform
Raviraj Parekh
Dear Mr.Bhaveshkumar,
You can invest in (1) ICICI Prudential Focus Bluechip Equity Fund (2) ICICI Pru Value Discovery Fund. This funds are good for long term 3-5 years.
BISWANATH CHAKRABARTY
I HAVE INVESTED IN HDFC MID CAP 200 PLEASE SUGGEST SECOND OPTION FOR AN SIP FOR LONG TERM OF AT LEAST 30YEARS.
THANK YOU
Raviraj Parekh
Invest in HDFC or TATA balance fund.
Zohaib
Hi Raviraj,
I wanted to know your views on canara robecco emerging equities fund. It’s relatively new and making good progress compared to its peers.
Raviraj Parekh
Dear Zohaib, Canara Robecco Emerging Fund is Ranked 1 by CRISIL and very good performer in small cap and mid cap category.Fund Performance is very good. You can plan to invest in this fund for 2-3 year or horizon.
Ranjan
Hi Ravi,
Thanks for valuable information as of now .
I am 33 and i have 1 kid. I have already invested in LIC(Jeevan saral- continue-25k/Yr- 6 yrs comeplete-25 yr plan)
PPF-2 yrs-1.5 lkh each
2 SBI Fixed deposit-75k Each(maturity date-2017-2018)
2 LIC Money back policy-55k and 75k(2020 and 2023 maturity)
As per current market FD rates are very less. So i am panning to invest in SIP so that i can get some lump sum amount after 15 yrs. My Plan is 1 cr for retirement and 50 lkh for my kids education and currently my take home is 66k and expenditure is 25k.for PPF 12k and 2000 for LIC every month i am paying.I can invest upto 7-8 k per month in SIP. I am not interested to take high risk as i am only income person at my home.i have plan for to buy plot which might cost me 12-15 lkh (might take personal loan but not yet decided.). Please suggest me some funds to invest. Also if could help me how to open SIP and which bank is good. i will be really thankful to you.
Thanks
Ranjan
Raviraj Parekh
Dear Ranjan,
Thanks for your comments.My advice to you is
(1) Switch from LIC Jeevan Saral plan to Term plan.Jeevan Saral will end up giving 6% return.
(2) You can do SIP in UTI Opportunity and HDFC Prudance Fund.
(3) You can directly approach fund house and invest in Direct Mutual Funds.
(4) I will not advice you to invest in real estate.
Regards,
Raviraj
Kumar
My current portfolio is as under
Due for renewal (SIP INR 5000/month)
1. HDFC Prudence Fund Growth Oct 12 till Sep 15 CV- INR 225K
2. ICICI Pru Focused Bluchip Eq Fund Oct 12 till Sep 15 CV-INR 220K
Regular Plan – Growth
3. IDFC Premier Eq Fund-Reg Pln-G Oct 12 till Sep 15 CV-INR 250K
4. SBI Emerging Business Fund Sep 11 till Sep 15 CV-INR 350K
Regular Plan – Growth
5. UTI Opportunity Fund-G Oct 12 till Sep 15 CV-INR 200K
Old Investment (No new investment)
1. Franklin India Prima Fund Growth Sep 10 till Aug 11 CV – INR 140K
2. HDFC Equity Fund – Growth Sep 10 till Aug 12 CV – INR 200K
3. HDFC Top 200 – Growth Sep 10 till Aug 12 CV – INR 200K
4. ICICI Pru Value Discovery Fund Sep 10 till Aug 12 CV – INR 280K
Regular Plan – Growth
5. Franklin India Taxshiled-G Oct 12 till Mar 15 CV-INR 150K
6. ICICI Pru Tax Plan-Reg Plan-G Oct 12 till Mar 15 CV-INR 150K
Please advise the following;
1. Which SIP to start for next 12 months from the above or new – Total investment planned 50k/ month
2. Which of the above need to exit through sell
Please note that I do not have any immediate fund needs. The investment horizon is for long term say 5 years plus.
Raviraj Parekh
Dear Kumar,
You can Plan to stop SIP in SBI Emerging Business Fund. You can exit from HDFC Top 200 mutual fund.
Regards,
Raviraj
pradeep
i am looking for retirement plan or MIP, pls suggest some best funds to invest.
also inform options of SIP or lump sum amount. pls reply
pradeep
Karthik.G
Hi,
As I am new to this Mutual Fund, this is my First investment, I need to start an SIP of 3000 for 3years , long term investment is not possible. So please suggest an Sip for 3Years.
Raviraj Parekh
Dear Karthik,
You can invest in HDFC Balance Fund and ICICI Pru Value Discovery Fund. HDFC Balance fund is balance fund with moderate return and ICICI Pru is Largecap fund with good track record.
Raviraj
amit bhatiya
I want to invest 3000/ Monthly in a good Mutual fund for atleast 5 yrs , which is the best opting in considering long term investment and good return.
Raviraj Parekh
Dear Amit,
You can Invest in UTI top 100 or SBI Bluechip Fund.These mutual funds are good for long term investment.
PRATAP RUDRA KUMAR
Dear Sir. I am investing 25 Lakhs lumpsum investment in Birla sunlife MNC Fund (Growth). After 1 year, I want to draw every month by seeing NAV status. Already i invested another 25 Lakhs in Motilal Oswal MF Long Term Fund and 15 Lakhs in Franklin Templeton. and 5 Lakhs in ICICI Pru Bal.Adv.Fund. And i am paying Rs.10000 SIP Every month. Now i am 37 years old blessed with 7 years boy and 1 year girl. My Main aim is to become Tension-Free in my profession i.e in Advocacy.. Plz advise me..
Raviraj Parekh
Dear Pratap, You have invested considerable amount in mutual funds.I advice to explore other investment option also. If your main aim for investment is retirement then I advice to stay invested for long term.You can become tension free with good financial planning. Pls reply your financial planning is in place? What other investment you have made?
Lalit
Hello,
I am investing in following funds. Please let me know if they are good choice.
Franklin India High Growth Companies – MultiCap
ICICI Value Discovery – MultiCap
Hdfc MidCap Opportunities
SBI Magnum Global
Uti MasterShare
ICICI Prudential Tax Plan
Hdfc Tax Saver
Raviraj Parekh
Dear Lalit,
Following fund selected by you is good –
Franklin India High Growth Companies – MultiCap
ICICI Value Discovery – MultiCap
SBI Magnum Global
I advice to move out from HDFC Mid Cap Opportunities,UTI Mastershare.For ELSS you can invest in Axis long term equity fund or Franklin India Tax Shield.
Narendra
Hello
I see lot of pharma stocks are correcting for last few weeks. Is it good idea to invest in a pharma mutual fund for better returns?
Thanks
Saurabh Kapooa
I’m investing 5000 pm in canara robeco emerging equity funds for past 10 months advice if I should stay in invested or opt out.
AVRamesh
I would like to invest Rs 5000 per month in two or three mutual funds through SIP mode. Kindly suggest good mutual fund for various period maturity from one to two years. Suppose if we commit for 3 years, is it necessary
to deposit for 3 years or we can exit after 1 year
Raviraj Parekh
Dear A V Ramesh, If you are beginner I would advice you to invest in balance fund. You can invest in HDFC Balance Fund and Tata Balance Fund.
Raj
Hi,
Thank you for all your work.
I look out for your help.
I am 34,
My monthly net salary is 18k.having sufficient term insurance & mediclaim.
I save 2,500 rs Per month in RD and now I am interested to invest in mutual fund via SIP for 1000 rupees every month.
This for long term say 15 years.
Pls suggest which fund I should opt for?
I don’t have any experience with sip / mutual fund.
Pls name the funds.
Pls guide , also how to buy that !
Thanks a lot.
Raviraj Parekh
Dear Raj, You can invest in good blue chip funds like UTI Equity fund or SBI Blue Chip Fund.You should monitor your portfolio and take decision based on performance.
Mohammed Khader Hussain
Dear Mr Raviraj
thanks for the detailed list of MF’s. I’m 40 and new to these investments. I would like to invest 50K on monthly basis via SIP to create corpus for my retirement and my daughers wedding. Could you please help me
1) pick MF from the above list and create a portfolio
2) and advise the split % for 50K
3) also, advise any specific days to keep the SIP i mean Beginning of month or middle of month or end of month.
Many thanks for the guidance.
Khader
Raviraj Parekh
(1) UTI Equity Fund – 10,000 Rs.
(2) ICICI Pru Value Discovery Fund -10,000 Rs
(3) Franklin India Smaller Companies Fund -10,000 Rs
(4) HDFC Balance Fund -10,000 Rs
(5) Tata Balance Fund -10,000 Rs
You can make SIP for any day.
Anu
Hi Raviraj,
When we invest in mutual fund as a SIP or as lumpsum amount, the process ends up with two words “advisory & execution”. What is meant by these words in mutual funds? what’s the difference between these two and the risk rate involves in these two? Can you pls explain?
Thanks,
Any.
Raviraj Parekh
Advisory investment management services means they will advice you on investment strategy.Execution-only, as the name indicates, means that the investment firm only carries out the investment decisions of the client.
Abdul Khadeer Khaleefa
Dear Raviraj sir,
Thanks for your efforts to educate with such an amazing knowledge. I am keen to know from you
2 small caps and 2 mid caps which have consistently performed better from last 5 years and also
their entry fees, management fees and exit fees and tax implications to both local and nris. Would appreciate
your coverage on these topics thoroughly.
Kind regards.
Abdul Khadeer Khaleefa
javed
sir…i started sip in axis long term equity, icici pru focused bluechip, icici value discovery, hdfc mid cap opportunity, franklin smaller companies fund, tata balanced fund, ppf ,all fund sip 1000 rupees per months…..this fund are good are some change this fund…. plz suggests me…..and 2lacs invested in 3years which fund are best…..plz suggested….
Raviraj Parekh
All funds selected by you is good funds stay invested.
Pradeep Krishnan
Hi Raviraj,
Below are my MF investments,kindly validate it and let me know for any modifications.
All MF’s started on Nov & Dec 2015.
Axis Long Term Equity Fund – Regular Growth –> (lumpsum- 20000) + SIP-2000/month for 10years
Axis Long Term Equity Fund – Direct Growth –> (lumpsum – 30000)
ICICI PRUDENTIAL VALUE DISCOVERY FUND – RP (G) –> (lumpsum- 12000) + SIP-3000/month for 10years
DSP BlackRock Micro Cap Fund – Regular Plan (G) –> (lumpsum-5000)
UTI Equity Fund Regular Plan (G) –> (lumpsum-5000)
ICICI Prudential Exports and Other Services Fund (G) –> (lumpsum-5000)
Please let me know should i have to add SIP for DSP/UTI/ICICI Exp MF’s.Also need your suggestion to stop or purchase more units in existing MF’s
Thanks,
Pradeep Krishnan
Raviraj Parekh
Dear Pradeep,
All Mutual Funds selected by you is absolutely all right and expected to give good returns in long run.You can add small-cap,mid-cap fund in your portfolio SBI Magnum Midcap fund you can include in your portfolio.
Pradeep Krishnan
Thanks Raviraj for your suggestions, i will abide your suggestion.
Thanks,
Pradeep Krishnan
Udayakumar
Dear sir,
Thank you for the post.
I am new to MF and learning things. I would like to invest 2000 per month in balanced fund and another 2000 in ELSS through sip.
I choose to invest as below.
Hdfc balanced fund-1000
Tata balanced fund-1000
Axis lon term equity fund-1000
Franklin tax shield-1000
Instead of putting the whole amount into a single scheme I decided to put in two best performing funds(1000 each) because in case of a market fall one fund may perform well than the other. By splitting like this we can get the best out of two fund managers. Also I selected this and found that the portfolio overlap is well within 30% so even if the fund belongs to same category, they actually invet into different stocks.
Do you think it is a wise decision or do I need to merge into single fund. Share your thoughts.
Raviraj Parekh
Dear Udaikumar,
You have taken wise decision to invest your money in different Mutual Funds.
neeraj
Hello sir…I m investing in HDFC midcap and icici focused blue hip fund for last 2 year…hdfc is not performing so good needs suggestion to change it……how’s icici value discovery fund???
Raviraj Parekh
Dear Neeraj, ICICI pru value Discovery fund is very good fund.Past performance History of fund is very good.This fund was able to generate 22% return in past 3 years. It is Large & Mid Cap Category fund.
Uday
Hi ,Raviraj
i was invest in following 3 funds – 1000 per month per Sip with lumpsum
1-Dsp Blackrock Microcap Regular growth
2-Franklin Prima Fund
3-icici focused bluechip growth.
can continue this sip?
can need add additional sip ? or switch any sip
Raviraj Parekh
Dear Uday, Continue with all SIP additionally add Franklin India Smaller Companies Fund in your portfolio.
prajwal
I am planning to invest in •Religare Invesco Tax Plan for 10 yrs. Is this good to go?
Raviraj Parekh
Religare Invesco Tax Plan is good ELSS, however you can check other good ELSS fund for investment.
Prashant
Hello Ravi raj,
I am having liquid money of 3 lack in hand & Having 5 lack package pa.
pls suggest How & where to invest to get minimum return of 10 lack after 5 years.
Regards,
Prashant
Raviraj Parekh
Dear Prashant,
What I can understand from your question is you have 3 Lakh for investment and you want to get 10 Lakh after 5 years.
This means you want to grow money @50% YOY. This type of return is not possible in Mutual Fund Investment. You need to invest in good share which can grow very fast.I recommend to contact equity analyst to get good stock ideas for investment. Few recommend stocks are MRF,Eicher Motors,SBI.
kutung
Hi Raviraj
Im Investing the following for long term of 5 years..Pl suggest & advice whether to continue or opt out.
1)ICICI PRU focussd bluechip equity (Reg& Growth)—–Largecap@ rs 2500/pm
2)SBI Magnum Equity Fund (Reg.& Growth)————-Largecap@rs 2500/pm
3)Mirae asset emerging bluechip fund(Reg & growth)—Midcap@rs1500/pm
4)BNP Paribas Midcap fund(Reg & Growth)————Midcap@rs1500/pm
5)ICICI Pru long term fund——Debt(Dynamic Bond)@rs 2000/pm
pl suggest
Urs truely
Kutung
Raviraj Parekh
Dear Kutung,
All funds investments are ok except ICICI Pru long term fund and BNP Paribas Midcap Fund.These funds are performing but giving lesser return.
You make can change and invest in other good mutual funds.
Bikram
Hi Raviraj,
I am planning to invest 5000/- for short term (3yrs).Below are the selected plans.please suggest.
Franklin India Prima Plus Fund(G)-Rs1500
SBI Magnum MidCap Fund-Reg(G)–Rs1000
Axis LongTerm Equity Fund(G) -Rs1000
HDFC Balanced Fund(G)-Rs1500
Raviraj Parekh
Dear Bikram,
You can plan to invest in following Mutual funds.
Franklin India Smaller Company Fund – Rs 1500.
SBI Magnum MidCap Fund-Reg(G)–Rs1000
Axis LongTerm Equity Fund(G) -Rs1000
HDFC Balanced Fund(G)-Rs1500
Midcap and smallcap fund are expected to give better return in coming future.
Sharath
Hi Sir,
I interested in investing in below MF.
1. HDFC Balanced Fund — 1000 -SIP
2. SBI Bluechip funds — 1000 -SIP
3. One Mid-Small Cap (Suggest me best MF to invest)
Please suggest me .
Raviraj Parekh
Dear Sharath,
You can plan to invest in following mutual funds.
(1) HDFC Balance Fund -1000 SIP
(2) SBI Bluechip Fund -1000 SIP
(3) Franklin India Smaller Companies Fund
Ravi
Hi Raviraj,
I would like invest around Rs.4000 in Reliance Small Cap. I am already investing similar amount in SBI Blue chip, Franklin India prima plus and Mirae Emerging bluechip.
Is my portfolio fine. Can you suggest if Reliance Small Cap is good or should i go in for DSPBR Micro-Cap Fund-Reg(G)
Raviraj Parekh
Dear Ravi,
I recommend DSPBR Micro-Cap Fund-Reg(G) over Reliance Small Cap fund.Mirae Emerging bluechip and SBI Blue Chip funds are good for investment.
Rishabh Sharma
I am looking to invest in mutual funds. Already invested in Axis Long term equity fund(G) for tax purpose. Which other funds should I invest in for good returns with
1) Low risk
2) Moderate Risk
3) High risk
Raviraj Parekh
Dear Rishabh,
Mutual funds suggestion for you is given below.
(1) Low Risk – HDFC Balanced Fund
(2) Moderate/High Risk – UTI Top 100 Fund
Kapil Mohan
Hi Raviraj,
I am totally new to Mutual Funds/SIP but I am planning to invent Rs.10000 every month through SIP. Time horizon for my investment is more than 10 years
Can you please suggest which funds to choose and how much money to distribyre in them? Awaiting your response
Thanks!
Kapil Mohan
Raviraj Parekh
Dear Kapil,
You can invest in following mutual funds.
(1) HDFC Balance Fund – 2500 Rs.
(2) SBI Magnum Midcap Fund – 2500 Rs.
(3) UTI Top 100 Fund – 2500 Rs.
(4) Franklin India Smaller Companies – 2500 Rs
Yini
Hello Raviraj,
I am planning to invest 5000/month for long term (30 years). I am 26 years old and new to investment. Please suggest a high return investment option.
Thanking you.
Raviraj Parekh
Dear Yini,
It is best to invest in equity for long term. I suggest to invest in good stock for the long term. Good Stock will give you highest return in the long term.
Ahmed
Hi Raviraj,
I am 40 years old married with three kids. i can invest RS10,000 monthly for coming 10 years. as i not aware much about MF’s, could you please sujjest some good mutual funds for long term, where i can expect 10 – 12% returns or more than that in future?
look forward to your prompt response.
Raviraj Parekh
Dear Ahmed,
Any good mutual funds can give you return more than 12%. Few good mutual funds for your reference are given below.
1) ICICI Value Discovery
2) Franklin India High Growth Companies
3) SBI Magnum Global
4) Hdfc Midcap Opportunities
Mini
Hello Raviraj,
I am planning to invest Rs.5000/month for 30 years. Please suggest a good investment option having good returns.
Thank you.
Raviraj Parekh
Dear Mini,
You can invest in following mutual funds.
(1) Franklin India Balance Fund – 2500 Rs.
(2) SBI Bluechip Fund – 2500 Rs.
Bharath
Sir please advice to invest in mid n small fund through SIP.
Raviraj Parekh
Dear Bharath,
You can plan to invest in following midcap and small cap funds.
(1)Franklin India Smaller Companies Fund
(2) BNP Paribas Midcap Fund
Rajiv bhatnagar
Hi I wanted to start investing in SIP mutual funds..I am 31 year old and wanted to invest for long term (10 years minimum)..please suggest should I go for equity (large funds or mid cap funds) or should I go for balanced funds..please suggest few good options..
Regards, Rajiv bhatnagar
Raviraj Parekh
Dear Rajiv,
My advice would be to make moderate portfolio consisting of Balance, Midcap and Largecap Fund.You can modify allocation in this fund based on your risk taking capacity.
Balraj
Hi Raviraj,
I am a new comer (age 31) and have less knowledge about investing plans. I want to start investing 1000 to 1500 Rs/month. Let me know which plan will be suitable for good returns in 5 to 10 yrs. Also could me help me with dspblackrock mutual funds.
Thank you,
Balraj
Raviraj Parekh
Dear Balraj,
As you are new to Mutual Fund investment you should start your investment with Debt fund or Balance Mutual Funds.HDFC Liquid Fund,Axis Liquid Fund are good debt fund. You can expect 8-9% return from this funds.
Pravin
Hi I want to start sip of 1000 pm in sbi mf for 10 years which fund should I prefer
Raviraj Parekh
Dear Pravin,
You can invest in SBI Bluechip Fund.
ajay lolage
I am ajay I am investing 1000 from last five years in icici bluechip equity growth, 1000 in sundaram smile growth, 1000 in reliance opportunities growth, 2000 in axis long term growth please suggest mi which has to be continue in future or divert to any other fund please suggest the balanced fund to invest.
Raviraj Parekh
Dear Ajay,
I advice you to switch from Sundaram Smile Growth and Reliance Opportunities Growth fund. These two funds are not performing well.
Girish Sanmukhani
Hi Raviraj, I am 35 years old Salaried employee. I am looking to invest Rs 5000 pm through SIP. Could you advise me 5 good portfolio to invest 1000 each. I am fine to invest in equity to generate good growth in 10 years time.
Raviraj Parekh
Dear Girish,
You can plan to invest in following mutual funds.
(1) SBI Bluechip Fund
(2) Franklin India High Growth Co Fund
(3) ICICI Pru Value Discovery Fund
(4) Franklin India Smaller Company fund.
Prakash
Hello Raviraj,
This is Prakash, who is new to mutual fund investment. I have just now started investing Rs. 3000 in HDFC Balance Fund. I can invest further invest 8,000. My plan is to build a house in the next 8-10 years. So, please Suggest me some good funds that will help me generate good returns to fulfill my dream. Also, I want to plan for retirement and how much should I invest for it?
Which type of funds (large, mid and small cap) is better for 5-7 year horizon?
Which type of funds (large, mid and small cap) is better for 10, 15 and 20 year horizons?
I will be grateful if you can explain me in detail.
Thanks in advance
Raviraj Parekh
Dear Prakash,
Smallcap and midcap fund has potential to give better return compare to largecap in the long run. However, Investment in smallcap and midcap fund is risky affair.
For the new investor I suggest to invest in balance fund and few large cap funds. Avoid theme based funds.
HEMANTH
Hi i want to invest 5lac. Guide me d best investment option with good returns wishing to invest for long time
Raviraj Parekh
Dear Hemant,
You can invest in Equity or good Mutual funds for the long run.At long run these investment will give you better returns.However,please be careful in selecting stocks for investment.
annu
I have sip of 5000 each in Bsl frontline equity,icici pru value discovery,sbi emerging business,reliance growth fund. I also invest 30000 yearly for elss in axis long term equity, idfc equity (elss), tata balanced fund, reliance yax saver,bnp paribas (elss). I don’t have any immediate need of funds and I thinking to continue for next 15-20 years.
Rahul
Hello,
I am 30 years old and planning to invest 20K/month in SIP. This will be my first investement though and would like to put it in 3 to 4 plans of 5k each.
Kindly advise the best mututal funds plans if I would like to stay invested for 3-5 years.
Thanks!
Best Regards,
Rahul
Raviraj Parekh
Dear Rahul,
As it is your first investment and your age is less I will advice to invest in 3-4 good fund small cap, mid cap , large cap and balance fund.
Invest in SBI Bluechip fund,Franklin India Smaller companies fund,ICICI pru value discovery fund and HDFC balance fund.
murugeswari
i am planning to invest 2000/p.m in sip mutual funds.please suggest me that which is good for long trm investement and good return.plan for invest 10+ yrs.
Raviraj Parekh
Dear Murugeswari,
What is your goal for investment? What is your risk profile? Answer of this question will help to decide fund for you.
Sharad agrawal
Hello,
I want to invest 3000rs per month in
SBI MAGNUM GLOBAL FUND
and plz suggest 1 more fund for at least 5 years
Raviraj Parekh
Dear Sharad,
SBI Magnum Global is below average fund with lower performance.I suggest you to invest in better fund like SBI Magnum Mid Cap Fund.
Gaurav
Hi,
I have a sum amount of 30,000, that i would like to invest in savings. Please suggest me what are the best options for me. Also consider FDs, Mutual Funds, ELSS, PPFs. I do not have much savings, and my affordable savings from this month is nearly about 25k per month. So please advice where i could invest 25k per month and also the 30 k Lump sum amount.I am preferrably looking for 3-5 years best plans.
Thanks,
Gaurav.
Raviraj Parekh
Dear Gaurav,
If you are planning for tax saving you can invest in ELSS or PPF. If your tax limit is exhausted you can invest in good mutual fund for longer duration.
Santosh Singh
Hi
I am planning to invest in the following for a period of 5 years @ Rs.20000 pm. Please give your opinion on the selection of funds and suggest changes if required.
SBI bluechip fund
Franklin India Prima Plus
ICICI prudential value discovery fund
Mirae Asset India Opportunity fund
Mirae Asset India Emerging bluechip fund
Tata Balanced fund
Thanks
Santosh
Raviraj Parekh
Dear Santosh,
Except Mirae Asset India Opportunity fund all funds seems to be ok. You can go ahead with your selection.
Rushi
Hi Raviraj
I am 46 years and plan to retire. I wish to invest a lump sum amount for long term for getting monthly returns ( around 50000 monthly). Can you suggest what amounts should be invested and in which all mutual funds. Suggest along with Amounts in each Mutual fund ( or any combination ). Come out with what ever suggestions come to your mind.
Thanks in advance.
Raviraj Parekh
Dear Rushi,
If you are planning for long term investment and ready to take some risk my advice would be to invest in small cap mid cap fund and balance fund.Half of money you can invest in small cap mid cap and other half in the balance fund.
Ramanaidu
HI , I invested 4k each in 5 MF’s ( ELSS ) in 2006 and planing to withdraw some units from then and planing to invest in some other funds on SIP basis
Franklin india Tax shield ( growth )
HDFC tax saver ( Growth )
Sundaram tax saver ( G )
ICICI Prudnetial tax saver ( G )
SBI Magnum Tax gain ( Payout )
out of which only franklin given 16k now
So let me know best funds to invest for next 10yrs duration , especially for my kids higher studies .
thanks
Naidu.
Raviraj Parekh
Dear Mr.Naidu,
It is unfortunate to hear that only one fund has given good return to you.My advice to you is invest in mutlicap and small cap midcap funds. Few suggested funds are Franklin India smaller companies fund and ICICI pru value discovery fund.
Prem
Hi,
Thanks for nice blog.
I have two portfolio and I have to choose one. could you please suggest one. I am 33 years, 3 year old baby, have term plan, health insurance. I am looking for baby education after 14 years and retirement after 20+ years
Portfolio 1
1) TATA balanced fund- 30%
2) Franklin India Prima plus- 20%
3) Franklin Smaller companies fund- 25%
4) Mirae Asset Emerging Blue-chip- 25%
Portfolio 2-
1) HDFC balanced fun- 20%
2)ICICI Value Discovery- 25%
3) Franklin Smaller companies fund- 30%
4) HDFC Mid-cap- 25%
QUESTIONS-
1) Which portfolio is better
2) % allocation is fine or do I need some modifications?
Many Thanks,
Prem
Raviraj Parekh
Dear Prem,
(1) Portfolio 1 is better Mutual fund Portfolio compare to Portfolio 2
(2) Reduce 10% from Tata balance fund and add 5% each in Franklin Smaller companies and Mirae Asset Emerging.
Sanjiv dana
I am confused , pls confirm my fund selection, franklinsmaller companies, SBI small & mid cap, uti- equity, Icici focussed bluechip, Icici discovery.
Raviraj Parekh
Dear Sanjiv,
You have done proper fund selection.No need to worry.
Nilesh
Dear Sir,
My Investment for 20 years as below
HDFC Top 200 -1,000/- (from 1.6 years)
Reliance Tax Saver – 2,000/- (from 1.6 years)
SBI Blue Chip Fund – 1,000/- (from 1 month)
ICICI Pru Value Discovery – 1,000/- (from 1 month)
Please give your valuable inputs on my portfolio.
Raviraj Parekh
Dear Nilesh,
I suggest you to to exit from HDFC Top 200.This fund is relatively weak in performance.You can invest in some other good fund.
anand
Hie,
I m investing UTI ULIP fund ( 2k p.m), and axis long turm equity fund (elss). I want to know that either stay invested in these fund or switching is needed. And one more thing is this right time to invest in MF?
Regards,
Anand.
Raviraj Parekh
Dear Anand,
If you are planning to invest in Mutual funds anytime is best time for investment. Axis long term equity fund ELSS is good and you can continue investing in that. In addition to that you can add other good mutual funds in your portfolio like SBI Bluechip fund, UTI Top 100 Fund etc.
Jitendra
Hello Raviraj Ji,
I’m in job and I’m 32 year old. I want to invest in MF through SIP for my baby education purpose he is just 5 month old but I’m unable to choose either MF or LIC EDUCATION POLICY.
sir if I choose mutual fund through sip then which one is best or if I choose LIC then which one is best and why. Please suggest me. Thanks
Raviraj Parekh
Dear Jitendra,
I will advice you to go for Mutual Funds via SIP route.LIC policy will give you return of around 6% and looking at inflation you need at least 10-12% return that can be given by Mutual Funds. You can invest in mutual funds like – ICICI Pru Value Discovery Fund,HDFC Balance Fund.
Suraj Rai
Hi, I am stuck in bit dilemma and would like your help. I have purchased a flat last February and it’s possession is going to be given to us by 2017 end. As loan covers my financial requirements for flat but interior has to be planned. I am not sure where to invest for such a short time where tax is low and gains are comparatively higher. I have already invested 50k in ELSS scheme of axis long term as one time payment. If I have to go through SIP mode then I can start with 3000 minimum investment and once possession of flat is taken. Then based on EMI costs, I will be able to commit more. Please note I am willing to take risk in long term investment especially equity. Thank you.
Raviraj Parekh
I suggest to invest in good mutual funds and stocks.