Best Mutual Funds in India : Best Mutual Funds to Invest for Long term in 2019-2020

Upwardly presents to you the best mutual funds in India for 2019 – 2020

 

Fund NameReturns (5Yr)Growth of Rs 1 lakh in 5 Yrs*Category Invest
 SBI Small Cap Fund28.39%₹ 3.44 lakhsSmall CapInvest
Reliance Large Cap Fund17.24%₹ 2.21 lakhsLarge CapInvest
Kotak Emerging Equity Scheme23.29%₹ 2.81 lakhsMid CapInvest
Principal Hybrid Equity Fund15.85%₹ 2.06 lakhsHybridInvest
Mirae Asset Emerging Bluechip Fund26.41%₹ 3.18 lakhsLarge and Mid CapInvest
Tata Equity P/E Fund20.54%₹ 2.53 lakhsValueInvest
Mirae Asset India Equity Fund19%₹ 2.37 lakhsMulti CapInvest
Aditya Birla Sun Life Tax Relief 9618.69%₹ 2.36 lakhsELSS - Tax SavingInvest
Franklin India Short Term Income Plan9.23%₹ 1.56 lakhsDebtInvest
Franklin India Ultra Short Bond Fund Super Institutional Fund9.28%₹ 1.56 lakhsLiquidInvest
*Comparing returns for ₹ 1,00,000 invested 5 year(s) back

 

We are close to completion of the financial year of 2018-19. If you haven’t already invested then it’s not too late to invest. Be prepared for the next financial year to start your investing. Investing in mutual funds SIP for the long term is a good habit you can pick up for wealth creation. If you have already started investing before, this may be a good time to look at the best mutual funds to invest in 2019 – 2020. If you are not investing in any of these funds, it is time for some portfolio rejig.

 SBI Small Cap Fund

This is one of the best mutual funds in India. This high-risk fund is an emerging star in the category. It looks for five attributes in the stocks it buys. They are, competitive advantage, return on capital, growth, management, and valuation. The scheme seeks to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well-diversified basket of equity stocks of small-cap companies.

The fund has reopened subscriptions through SIP more from May 16th, 2018. The fund hasn’t taken any fresh investments since October 2015. Over three years and five years, the fund has been ahead of its benchmark by 5-10 percentage points. Compared to the category, it has managed 1-2 percentage point outperformance. A SIP of ₹5,000 p.m. in this fund started 5 years ago is worth ₹4.65 lakhs now.

 

Reliance Large Cap Fund

This is one of the best mutual funds to invest in for long term. A large-cap fund predominantly investing in stocks of top 100 companies by full market capitalization. With 3-year annualized returns of 17.19% and 5-year returns of 17.24%, these are 3-4 percentage points higher than the benchmark returns and 2-4 percentage points more than the category returns. A SIP worth ₹5,000 in this fund started 5 years ago is worth ₹4.20 lakhs now. Mr. Shailesh Raj Bhan is the fund manager.

 

Kotak Emerging Equity Scheme

This is one of the best mutual funds in India. The fund invests in companies that are priced at a discount to the intrinsic value. To select companies, the fund goes through a process. It selects only those companies that have a good financial strength and relatively less prone to recession. The find invests 65-70% in mid-caps, 25-30% in small-caps, 5-10% in large-caps. On a three and five-year basis, it has outperformed its benchmark by 3 to 6 percentage points and category by 3 to 5 percentage points. A SIP of ₹5,000 p.m. in this fund started 5 years ago is worth ₹4.17 lakhs now. This is one of the best mutual funds to invest in for long term.

 

Principal Hybrid Equity Fund

Principal Hybrid Equity fund has been the best performing balanced fund in the last 3 years. The fund invests in companies that the manager believes are undervalued. It buys stocks with a long term investment perspective. The fund has outperformed its category by 2-4 percentage points and its benchmark by 2-3 percentage points in 3 and 5-year returns. The fund gave 11.21% p.a. returns since its inception in 2000. A SIP of ₹5,000 p.m. in this fund started 5 years ago is worth ₹4.12 lakh now. This is one of the best mutual funds in India.

 

Mirae Asset Emerging Bluechip Fund

This fund lives up to the ‘blue-chip’ tag in its name. The fund invests 35% of its assets in large-caps and the rest 65% in mid-caps. The fund picks up companies for its portfolio with operating profits of Rs 100 Cr. It avoids investing in micro-caps. The fund has outperformed its category by 7-10 percentage points and the benchmark by 3-9 percentage points in the 1, 3 and 5-year returns. The fund gave 21.12% (annualized) return since its inception in 2010. A SIP of ₹5,000 p.m. in this fund started 5 years ago is worth ₹4.79 lakhs now. This is one of the best mutual funds to invest in for long term.

 

Tata Equity P/E Fund

Tata Equity P/E Fund follows the value-conscious style of investing. The scheme aims to invest at least 70% of its assets in companies with lower P/E than BSE Sensex. Up to 30% of its assets are invested in well-researched growth stocks. The fund has outperformed its category by  3-4 percentage points and the benchmark by 3-7 percentage points in the 3 and 5-year returns. The fund gave 19.30% (annualized) return since its inception in 2004. A SIP of ₹5,000 p.m. in this fund started 5 years ago is worth ₹4.20 lakhs now. This is one of the best mutual funds in India.

 

Mirae Asset India Equity Fund

This is one of the best mutual funds to invest in for long term. The investment process is focused on a bottom-up approach with a well-diversified approach. The fund follows a growth style of investment. It has the flexibility to invest across sectors, themes & market caps. The fund has beaten its category by 3-4 percentage points in the 3 and 5-year returns. It outperformed the benchmark by 2-3 percentage points. A SIP of ₹5,000 p.m. in this fund started 5 years ago is worth ₹4.35 lakhs now.

 

Aditya Birla Sun Life Tax Relief 96

One of the oldest ELSS funds, this fund has generated outperformance over the last 5 years. The fund follows a multi-cap, bottom-up strategy. It hunts for companies run by professional management, which have the predictability of earnings and strong moats. The three and five-year returns are now over 1-5 percentage points ahead of the benchmark returns and 1-3 percentage points more than the category returns.  The management team has remained very stable since 2006, with Ajay Garg at the helm. A SIP of ₹5,000 p.m. in this fund started 5 years ago is worth ₹4.13 lakhs now. This is one of the best mutual funds to invest in for long term.

 

Franklin India Short Term Income Plan

The fund aims to provide stable returns by investing in fixed income instruments. Therefore, It invests primarily in short term corporate bonds with a focus on higher interest income. The fund has an average maturity of 2.53 years. Also, the fund has a YTM of 11.23% and Modified Duration of 1.92. The investment break-up is as follows: Debentures (83.26%), Structured Obligation (6.56%), Bonds (4.80%), Cash/Net Current Assets (2.91%), Bonds/Debentures (2.34%) and Non Convertible (0.14%). The fund has outperformed its category over the years consistently. The fund gave 8.39% (annualized) return since its inception in 2002.

 

Franklin India Ultra Short Bond Fund Super Institutional Fund

This fund endeavors to strike an optimum balance between regular income and high liquidity. This balance is achieved through a judicious mix of short term debt and money market instruments. The fund has an average maturity of 0.49 years. Also, the fund has a YTM of 9.53% and Modified Duration of 0.39. The investment break-up is as follows: Corporate debt (74.59%), money market instruments (19.64%), other assets (3.03%), PSU bonds (2.67%). The fund consistently performed ahead of its benchmark since its inception. The fund gave 8.40% (annualized) return since its inception in 2002.

 

Start your investment in the best mutual funds in India at www.Upwardly.in

*Some of these funds have an exit load of 1% if withdrawn before 1 year. We recommend investing in equity schemes for the long-term.

Updated on 28th March 2019.

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    1. Hey Amit

      Upwardly provides bank grade security to your investments and data. Moreover, the money you invest directly goes to mutual fund companies through our partner, Bombay Stock Exchange. Once you invest through us in a mutual fund, you will get statement from the mutual fund companies as well. You can also check your investments on the fund house website. Feel free to call us at 73377 40002. You can also share your contact details at hello@upwardly.in and an investment expert from Upwardly will call you.

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