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Top Ranked Mutual Funds In India in 2013

13 Jul

What is Mutual Fund?: This is a professionally managed trust in which investment is pooled from retail investors. The accumulated amount is invested in different financial instruments like shares, securities etc. As the income is earned on these instruments, it is shared proportionally among investors. Mutual Fund is considered a very good investment option due to its very low charge structure. 

Fact sheet:

Birla Sun Life India GenNext Fund gave a 1 year return of 26.28% in 2012-13 and last 5 year return is 16.02 % which is i think industry best and a very safe bet for those keen on investing in mutual funds. consistency is important and this fund has shown the high return in short as well as in long term. Although this is not there in my top five mutual funds mentioned below . will discuss the reason soon.

Here are the top ten mutual funds in India. While selecting the mutual funds i have taken into consideration certain aspects like reputation of the fund house, asset under management in that scheme, Scheme existence period to check the past performances and off course the fund managers reputation and liquidity of the fund.

Fund Name Fund Categroy 3 Months  Return 6Months Return 1 Year Return
Franklin India Bluchip Large Cap 5.38 9.14 10.71
DSP Black Rock Top 100 Equity Reg Large Cap 4.04 7.82 11.61
UTI Dividend Yield Large & Mid Cap 4.59 10.98 11.86
ICICI Prudential Dynamic Large & Mid Cap 5.64 9.22 11.26
Reliance Equities Opportunities Mid & Small Cap 10.15 13.93 12.4
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Posted by on July 13, 2013 in Uncategorized

 

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