We did a research a selected top 5 Mutual Funds based on certain criterion.
We select mutual funds on the past performance of 5 years, Ranking, Investment objective and some other criterion which does not need to be mentioned here. One of the criterion was to have a consistent return of over 19% annual since inception.
These funds were picked up from Large caps, diversified and Hybrid category.
Assets under management was one of the criterion ans here we selected only those funds where the total asset under management is more than rupees 3000 crore.
Rating by top agency like CRISIL or S&P , in this case we considered CRSIL rating of 1 to 3
High rating from top online research agencies.
Birla Sun Life Front line Equity ( Large Cap) which invests majorly in large cap stocks was launched in the year 2002.
The best thing about this fund is that it consistently provided annualized return of over 14% since last 5 years and 23.59 % since inception.
CRISIL rated this fund on 2nd Rank and we rate this as number one mutual fund based on our selection criterion.
If you know any other mutual fund which is better than this , feel free to share with us and we will be happy to update our articles.