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Top 10 Consistently Performing Equity Mutual Funds

01 Feb

One of the most common questions that we come across from various investors is ‘Which are the best funds to invest in for long term financial goals?’

Our view is, for investors looking for wealth creation, our country presents attractive investment opportunities due to factors like large aspiring middle class consumers, young demographics and education led society.

Huge wealth shall be created by quality businesses over next 30-40 years and investors can participate in this wealth creation by investing portion of there savings in diversified equity funds, which in turn, investthe investors’ money in quality businesses across different sectors and themes.

Diversified equity funds provide attractive opportunities to investors who are looking for growth over long term. Listed below are top 10 equity funds thathave created huge wealth for investors with their long track record of consistent performance, have unique and diverse investment philosophies, and are well managed by experienced investment experts.

We have considered the following points while arriving at our list of 10 most consistently performing equity funds.

a. AUM of more than 4000 crores, through there is one exception in SBI Magnum Global fund, which we could not ignore due to its long and consistent performance
b. No two schemes managed by same fund manager
c. Consistent performance over long periods of 7 years and more in their respective categories
d. Different investment philosophies and styles of fund management

Schemes

1. BSL Frontline Equity Fund
Fund Manager – Mahesh Patil (9+ years)
Large cap oriented, Consistentlyoutperforming the benchmark for last ten years, focuses on stock selection while maintaining sector weightage as per benchmark

2. Franklin India Bluechip Fund
Fund Manager –AnandRadhakrishnan(7+ years), AnandVasudevan(3+ years)
Pure large cap fund, focuses on value investing, consistent performer, 1st private mutual fund launched in the country in 1993

3. HDFC Equity Fund
Fund Manager – PrashantJain(11+ years)
Growth oriented, momentum based large & midcap fund, best performing fund in its category with existence over 20 years

4. HDFC Midcap Opportunities Fund
Fund Manager – ChiragSetalvad(7+ years)
Investing in quality mid and small caps with blend of growth and value orientation, focuses on companies with competent and proven management

5. ICICI Prudential Value Discovery Fund
Fund Manager – MrinalSingh(3+ years)
Mid n Large cap fund, follows the principles of value investing, invest in strong companies which are out of market’s favour

6. ICICI Prudential Dynamic Fund
Fund Manager – SankaranNaren(2+ years), MittulKalawadia(2+ years)
Large cap oriented fund with P/B ratio based dynamic Equity:Debt allocation flexibility, functions like a pure equity fund during low market valuations and like a balanced fund in high market valuations

7. IDFC Premier Equity Fund
Fund Manager – Kenneth Andrade(7+ years)
Midcap oriented, looking for new business ideas with future potential, unique philosophy of inviting fresh investments primarily through sip mode only, opens for lumpsum investments only when clear opportunities are available to deploy large capital

8. Reliance Equity Opportunities Fund
Fund Manager – SaileshRaj Bhan(9+ years), Viral Berawala(4+ years)
Growth oriented multicap fund, invests across sectors in companies with high growth potential, one of the best and consistent performers since 2005

9. SBI Magnum Global Fund
Fund Manager – R. Srinivasan(5+ years)
Invests in larger size midcaps with proven track record and future growth potential, best performing midcap fund with a long history of 20 years of consistent performance

10. UTI Opportunities Fund
Fund Manager –AnoopBhaskar(3+ years)
Large cap oriented, investing across sectors with bottom up stock selection, focuses on companies with proven earnings with further growth potential

Scheme Performance

S.No. Scheme Name Category Compounded Annual Returns(%)
3 yrs 5 yrs 7 yrs 10 yrs
1. Franklin India Bluechip Fund Large cap 21.23 14.16 9.55 19.38
2. BSL Frontline Equity Fund Large & Midcap 27.91 15.79 11.48 21.85
3. HDFC Equity Fund Large & Midcap 27.67 16.59 12.89 23.07
4. ICICI Prudential Dynamic Fund Large & Midcap 26.29 16.91 12.13 22.97
5. UTI Opportunities Fund Large & Midcap 24.05 16.27 11.72
6. Reliance Equity Opportunities Fund Multicap 32.45 22.65 14.35
7. ICICI Prudential Discovery fund Mid & Large cap 36.23 23.33 18.62 24.93
8. HDFC Midcap Opportunities Fund Midcap 34.09 24.63 16.84
9. IDFC Premier Equity Fund Midcap 29.61 21.75 15.87
10. SBI Magnum Global Fund Midcap 32.05 21.52 10.36 23.84

The funds listed above are the ones where you can invest in for appreciation of money for your long-term financial goals. You may preferably invest through monthly sip mode and let your wealth grow with peace of mind without worrying too much about market fluctuations and other related noise.

Plan for your goals as early as possible and realise your dreams with proper structure and planning.

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Posted by on February 1, 2015 in investment

 

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