When you invest your money in mutual fund it is very important to build a balanced mutual fund portfolio.
This portfolio should be based on your financial goal and risk appetite for example let’s say you have got a financial goal of building a retirement in the next 10 to 15 years for that you should invest your money in equity mutual fund.
And if you have got a goal of let’s say building an emergency fund then you should invest your money in debt mutual fund.
Now within each category of equity and debt you’ve got many sub-categories for example within equity you have got sub-categories like large cap, mid cap, small cap, multi cap etc.
You need to shortlist these sub-categories based on your risk appetite some people like to take more risk and prefer more allocation in mid cap and small cap. whereas some people like to take lesser risk and they stick with large cap funds.
Followings are The Top 5 mutual funds :
Axis Blue chip is one of the top performing mutual fund in the large cap category. funds in large cap category invest in top 100 listed companies of India
this fund has got an asset under management of 20,480 crore and it has got an expense ratio of 0.55%.
if you look at the Axis blue chip fund return over the last one year as of 14 December 2020. this fund has given a return of 17.15 percent and if we compare it with its benchmark.
which is nifty 100 TRI then it has given a return of 13.49% so clearly Axis blue chip fund has beaten its benchmark with a huge margin in last one year.
Two year average return of axis blue chip fund is 18.24% and its benchmark nifty 100 TRI has got an average return of 12.67%. again in two years axis blue chip has beaten its benchmark by a huge margin.
if you look at the five-year return axis blue chip has given a return of 16.5%. and its benchmark nifty 100 TRI has given a return of 12.6%. again there’s a huge gap and Axis blue chip has beaten its benchmark over the last five years.
2. Mirae Asset focused Fund
Mirae Asset focused fund is one of the best performing fund in the
focused fund category. funds in this category restrict their investment to a maximum of 30 stocks. so each stock is selected very carefully.
if you look at the AUM of mirae asset focused fund it is 4,172 crore. and it has got an expense ratio of 0.4%. if you look at the last one-year return of mirae asset focus fund then it has given a return of 20.7%.
And if we compare it with its benchmark then its benchmark is nifty 500 TRI which is given a return of 15.7% clearly mirae asset focused fund has beaten its benchmark by a huge margin.
there is no data available for two year or five year return because this fund is relatively new and was launched in may 2019.
3. Axis growth opportunity Fund
this fund is relatively new and it was launched in may 2018 and it falls under large and mid cap category. the advantage of large and mid cap category is that it spread the money across large and mid cap.
so the large cap funds provide the stability and mid cap fund provide the opportunity of growth. infact this fund has also got exposure in U.S.A companies like amazon Facebook, Google, Microsoft etc.
As of today this fund has got an Aum of 1,907 crore. and an expense ratio of 0.7%.
If you look at the last one-year performance of this fund it has given a return of 24.6% and if we compare it with the benchmark which is nifty 500 TRI. then it has given 15.7% so there’s a huge gap and axis growth opportunity fund has easily beaten the benchmark.
since inception in may 2018 this fund has given an average return of 20.6 percent.
- Mirae asset emerging Blue Chip Fund
Mirae emerging blue chip fund again belong to large and mid cap category and it is one of the best fund in the category.
As of today mirae asset emerging blue chip fund has got an asset under management of 13,405 crore. and has got an expense ratio of 0.76%.
if you look at the performance of this fund in last one year as of 14 December 2020. this fund has given the return of 22.2% and if we compare it with the benchmark.
the benchmark is nifty 500 tri which is given the return of 15.7%. again this fund has beaten the benchmark by a huge margin.
two-year average return is 18.5% as compared to its benchmark average return of 12.3%.
the five-year average return is 13.6% as compared to the benchmark return of 13%. so again year on year consistently this fund has beaten its benchmark.
3. parag parikh long term equity fund
parag parikh long term equity fund or recently it has been renamed to parag parikh flaxy cap fund.
parag parikh long term equity fund has been one of the top performer in the multi-cap category. but due to the recent changes in multi-cab category where the fund manager has to keep a minimum of 25% in each of large mid and small.
this particular fund has been moved from multi-cap category to the flexi cap category. in flexi cab category the fund manager has got the freedom to select between large mid and small as per their wish without any restriction.
so basically parag parikh long term equity fund or parag parikh flexi cap fund would invest your money across large mid and small cap. in addition to this this fund has also got 28.8% allocation in u.s companies like alphabet facebook amazon microsoft etc.
if you look at the last one year performance of this fund as of 14 december 2020. this fund has given a return of 32% and if you compare it with the benchmark which is nifty 100 TRI that has given 15.7%. so this fund has given more than double the return of its benchmark.
two-year average return of parag parikh fund is 22.2% and if you compare it with the benchmark it is given 12.3 percent return.
five average return of parag parikh long-term fund is 15.9% as compared to the benchmark return of 13%.
so clearly parag parikh long term equity fund has consistently beaten its benchmark over the last five years with a very good margin.