With the approaching year ahead, it is crucial that we plan our future investments now. New Year resolutions and lessons from the passing year need to be kept in mind while working on personal finance.
Here are the Top 5 mutual funds you must look out for investing in 2020.
AUM: Rs. 16,519 Crore
Category: Large Cap
Expense ratio: 0.61%
Time Period | 1 Year | 3 Years | 5 Years |
| Return | 14.90% | 15.40% | 12.46% |
Source: Value Research. Returns as of Date 11 December 2019.
The Mirae Asset Large Cap fund is managed by the Mirae Asset Mutual Fund house and is one of the best mutual funds available in the market. The fund has been ruling the large-cap market for over a decade since its inception on 4th April 2008.
The fund has 83.51% of its share in Large Cap stocks, 14.87% in Mid Cap Stocks and 1.62% in Small-Cap Stocks. The risk profile of this fund, however, is a little high making it a moderately risky fund.
Investors who are here to stay invested over a considerable period of like 4 to 5 years and have a decent risk appetite must go for investing in this fund.
AUM: Rs. 4,558 Crore
Category: Value & Multi Cap
Expense ratio: 0.97%
| Time Period | 1 Year | 3 Years | 5 Years |
| Return | 9.16% | 14.33% | 11.94% |
Source: Value Research. Returns as of Date 11 December 2019.
The Invesco India Contra fund is managed by the Invesco Mutual Fund house and is an excellent fund to invest in. The fund has been ruling the large-cap market for over a decade since its inception on 11th April 2007.
The fund has 67.64% of its share in Large Cap stocks, 25.27% in Mid-Caps and 7.09% in Small Caps. The risk profile of this fund, however, is a little high making it a moderately risky fund.
Investors who are here to stay invested and can spare ample time to time the market wrt macro trends over a considerable period of like 4 to 5 years and have a decent risk appetite must go for investing in this fund.
AUM: Rs. 8,891 Crore
Category: Focused Strategy
Expense ratio: 0.66%
Time Period | 1 Year | 3 Years | 5 Years |
| Return | 18.14% | 19.02% | 14.04% |
Source: Value Research. Returns as of Date 11 December 2019.
The Axis Focused 25 fund is managed by the Axis Mutual Fund house and is one of the best funds available in the market. The fund was launched on 29th June 2012 and has been performing well ever since.
The fund has 84.83% of its share in Large Cap stocks and 15.17% in Mid-Caps. The risk profile of this fund, however, is a little high making it a moderate risk fund.
Investors who are here to stay invested and can spare ample time to time the market wrt macro trends over a considerable period of like 4 to 5 years and have a decent risk appetite must go for investing in this fund.
AUM: Rs. 29,096 Crore
Category: Multi-Cap
Expense ratio: 0.87%
Time Period | 1 Year | 3 Years | 5 Years |
| Return | 13.92% | 12.94% | 10.81% |
Source: Value Research. Returns as of Date 11 December 2019.
The Kotak standard fund is managed by the Kotak Mahindra Mutual Fund house and is one of the best funds available in the market. The fund was launched on 11th September 2009 and has been performing well ever since.
The fund has 74.66% of its share in Large Cap stocks, 23.52% in Mid-Caps and 1.83% in Small Caps. The risk profile of this fund, however, is a little high making it a moderately risky fund.
Investors who are here to stay invested and can spare ample time to time the market wrt macro trends over a considerable period of like 4 to 5 years and have a decent risk appetite must go for investing in this fund.
AUM: Rs. 9,034 Crore
Category: Small Cap
Expense ratio: 0.88%
Time Period | 1 Year | 3 Years | 5 Years |
| Return | -7.56% | 9.51% | 9.65% |
Source: Value Research. Returns as of Date 11 December 2019.
The HDFC Small-cap fund is managed by the HDFC Mutual Fund house and is one of the best funds available in the market. The fund was launched on 3rd April 2008 and has been performing well ever since.
The fund predominantly invests in Small Cap stocks with 71.51% share, 2.31% share in Large Cap stocks, and 26.19% in Mid-Caps. The risk profile of this fund, however, is a little high making it a moderate risk fund.
Investors who are here to stay invested over a considerable period of 7 years and above and have a decent risk appetite must go for investing in this fund.
What are Mutual Funds?
Mutual funds are the investments that are curated from the pooled investments of investors and managed by an Asset Management Company (AMC). There are experts called fund managers who manage these funds and ensure the promised performance. Simply put, mutual fund investments are basically pooled money invested together in various avenues like stocks and bonds to meet the common or similar goals of investors.
The investments are managed or segregated on the basis of the money you put in. whatever amount is being put in by the investor, he or she gets units of the corresponding number. Investors can make alterations to their investments anytime during the course of being invested. Various actions like redemption, portfolio diversification, weeding out underperformers can be done with high flexibility. SEBI or Securities and Exchange Board of India manages and governs mutual funds.
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