10 Best Mutual Funds for Monthly SIP Investment and Wealth Creation in 2017

10 Best Mutual Funds for Monthly SIP Investment and Wealth Creation in 2017

Roboadviso     Mutual Funds,Top 5 Mutual Funds     Posted On, Tue 30th May, 2017     No comments
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top 10 best mutual funds for SIP India

An SIP or Systematic Investment Plan is a technique involving regular investments of a fixed sum in a mutual fund scheme. Investors can purchase units at regular intervals (for instance, on a monthly basis) which helps build a sizable corpus of money.

On a long-term basis, investing through SIP in an equity mutual fund leads to effective wealth creation.

One of the main benefits of SIP fund investments is the fact that investors do not require to time the market. When it comes to market timing it is possible to miss a big bull run; investors may opt out when markets are rallying, or they may enter when the peak valuations have reached or are on their way down, or investors may enter at other wrong periods where market profit cannot be obtained.

Hence, instead of looking out and waiting for market timing, investments on a monthly basis will make sure that you remain invested during both high and low periods, thereby allowing you to automatically get the best out of market trends that are difficult to predict or speculate.

Here are the top 10 best SIP funds to invest in 2017:

  1. Birla Equity Fund
  • This fund was launched on Aug 27, 1998. Since then it has returned 24.87 percent per annum. In the past 1, 3, 5, and 10 years, Birla Equity Fund has shown 32.18, 18.99, 23.80, and 12.53 percent return. As of Apr 30, 2017, its asset fund size is INR 5,287 crores, with a 2.17 percent expense ratio.
  • Birla Equity Fund aims for capital growth in long term and regular inflow of income via 90 percent equity investment and remaining in money market and debt instruments. The scheme’s investment approach is bottom-up and top down along with certain percentage of investment in emerging fields, IPOs, and other offerings of the primary market. This mutual fund has steadily climbed the rankings over the years and in 2016, beat its peers as well as the benchmark by a big margin. Anil Shah has been the fund manager since 2012.

            Rating – *****

  1. HDFC Mid Cap Opportunities Fund
  • This fund was launched on Jun 25, 2007. Since then it has returned 17.88 percent per annum. In the past 1, 3, and 5 years, HDFC Mid-Cap Opportunities Fund has shown 35.22, 24.72, and 26.98 percent return. As of Apr 30, 2017, its asset fund size is INR 16,685 crores, with a 2.27 percent expense ratio.
  • The fund’s objective is creation of capital appreciation in the long-term via portfolio of small and mid-cap equity and equity linked securities. The fund has seen several twists and turns but has weathered them all to retain its 5 star rating over the years. The scheme uses its investment flexibility by going for firms with 15 to 20 percent growth, adequate cash-flow, and good equity return. Chirag Setalvad has been the fund manager since May 2007.

            Rating – *****

  1. Franklin India Smaller Companies
  • This fund was launched on Jan 13, 2006. Since then it has returned 15.91 percent per annum. In the past 1, 3, 5, and 10 years, Franklin India smaller companies scheme has shown 30.47, 28.05, 32.68, and 16.82 percent return. As of Apr 30, 2017, its asset fund size is INR 5,579 crores, with a 2.39 percent expense ratio.
  • The fund is an open-ended scheme with aim of capital appreciation in long term via portfolio investment of about 75 percent in small caps with high growth potential and rest in mid-cap companies. It is ideal for investors seeking high reward for high risk and willingness for long-term investment for gains from complete investment cycle. The fund managers are Hari Shyamsunder, R Janakiraman, and Srikesh Nair.

            Rating – *****

  1. SBI Bluechip Fund
  • This fund was launched on Feb 14, 2006. Since then it has returned 11.70 percent per annum. In the past 1, 3, 5, and 10 years, SBI Bluechip Fund has shown 18.90, 18.39, 21.50, and 11.28 percent return. As of Apr 30, 2017, its asset fund size is INR 13,339 crores, with a 1.97 percent expense ratio.
  • The objective of the fund is investment in companies with market capitalization comparable to any BSE 100 Index stock with the minimum market capitalization. The scheme has outpaced its category and benchmark in the near past. Its performance in 2011 was patchy, but since then its margins have outperformed over the last 5 years. Even though 2016 was a financially difficult year for all, the fund managed to maintain its own. Sohini Andani has been the fund manager since September 2010.

            Rating – *****

  1. Kotak Select Focus Fund
  • This fund was launched on Sep 11, 2009. Since then it has returned 15.45 percent per annum. In the past 1, 3, and 5 years, Kotak Select Focus Fund-Regular Plan has shown 31.54, 20.90, and 23.44 percent return. As of Apr 30, 2017, its asset fund size is INR 10,270 crores, with a 1.98 percent expense ratio.
  • The fund’s main objective is creation of capital generation via investments in equity and equity related securities, with increased focus on some specific sectors with higher percentages of outperformance at any period. The select 4 to 9 sectors in the scheme are chosen as per top-down basis. Since its launch, the scheme has outperformed its peers and the benchmark by more than reasonable margins. Harsha Upadhyaya has been the fund manager since August 2012.

            Rating – *****

  1. DSP Small and Mid cap Fund
  • This fund was launched on Nov 14, 2006. Since then it has returned 16.77 percent per annum. In the past 1, 3, 5, and 10 years, DSP BlackRock Small and Mid Cap Fund – Regular Plan has shown 38.23, 25.71, 25.95, and 16.56 percent return. As of Apr 30, 2017, its asset fund size is INR 3,804 crores, with a 2.52 percent expense ratio.
  • The fund’s aim is generation of capital appreciation in long term via investment in equity and equity linked instruments of stocks that do not form a part of the top 100 via market capitalization. Investment is focused on firms with strong growth potential since they operate on comparatively smaller base. The fund may also selectively invest in other equity instruments from time to time. Vinit Sambre has been the fund manager since July 2012.

            Rating – *****

  1. Motilal Most Focused Multicap 35
  • This fund was launched on Apr 28, 2014. Since then it has returned 32.19 percent per annum. In the past 1 and 3 years, Motilal Oswal MOSt Focused Multicap 35 Fund – Regular Plan has shown 35.34 and 30.09 percent return. As of Apr 30, 2017, its asset fund size is INR 6,543 crores, with a 2.33 percent expense ratio.
  • The fund’s objective is generation of capital appreciation in the long term via portfolio investments in not more than 35 equity and equity linked securities across different levels of market capitalization and sectors. Gautam Sinha Roy has been the fund manager since May 2014.

             Rating – *****

  1. ICICI Pru Discovery Fund
  • This fund was launched on Aug 16, 2004. Since then it has returned 22.52 percent per annum. In the past 1, 3, 5, and 10 years, ICICI Prudential Value Discovery Fund has shown 18.75, 17.30, 23.27, and 17.05 percent return. As of Apr 30, 2017, its asset fund size is INR 17,306 crores, with a 2.14 percent expense ratio.
  • The scheme’s objective is investment in a diversified portfolio consisting of different value stocks with appealing valuations with regards to growth potential, book value, earnings, and future/current dividends, as well as those which are trading at a discounted price in relation to their true intrinsic value. The highly popular fund has outperformed its peers and the benchmark by significant margins in the last five years. Mrinal Singh has been the fund manager since February 2011.

            Rating – *****

  1. Birla SL Frontline Equity Fund
  • This fund was launched on Aug 30, 2002. Since then it has returned 22.50 percent per annum. In the past 1, 3, 5, and 10 years, Birla Sun Life Frontline Equity Fund has shown 22.44, 14.91, 20.60, and 13.81 percent return. As of Apr 30, 2017, its asset fund size is INR 16,962 crores, with a 2.06 percent expense ratio.
  • The fund’s aim is generation of capital growth in the long term via portfolio investments in targeted 100 percent allocations to equity with increased focus on diversified stocks in different sectors and/or industries selected as its benchmark index. The fund generally stays away from huge speculative bets at the level of stocks. The over 70 percent core portfolio of the fund is made up of long-term stock holdings which are stable. This is balanced out with tactical bets.
  • The scheme has consistently beaten its category peers and the benchmark over the past ten years. It maintained its five-star rating even in the financially trying year of 2016. Mahesh Patil has been the fund manager since November 2005.

             Rating – *****

  1. HDFC Top 200 Fund
  • This fund was launched on Oct 11, 1996. Since then it has returned 21.08 percent per annum. In the past 1, 3, 5, and 10 years, HDFC Top 200 Fund has shown 30.03, 11.74, 17.71, and 13.69 percent return. As of Apr 30, 2017, its asset fund size is INR 14,312 crores, with a 2.05 percent expense ratio.
  • The objective of the fund is generation of long-term capital growth via investments of about 90 percent in equity and rest in debt instruments. The fund’s equity and equity related securities are mainly selected from stocks listed in the BSE 200 Index and from the top 200 biggest Indian companies via market capitalization. Prashant Jain has been the fund manager since January 2002.

            Rating – *****

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