top performing Mutual Funds in India

Top Mutual Funds in India

Mutual Funds represent a pool of investment funds which are managed by professional Mutual Fund Managers. These fund managers maintain a record of the performance and growth of these funds and make the necessary changes to the schemes if and when required. The primary objective of fund managers is to make sure that the funds perform well and the investors get the best returns from their investments.

Mutual Funds are regulated by Asset Management Companies (AMCs) which pool the funds from a group of investors and invests these funds in stocks, bonds and securities. When you purchase units of a Mutual Fund, these units represent the holdings of your share in certain fund scheme. You then have the option to purchase or redeem a Mutual Fund at the prevailing Net Asset Value (NAV).




Below is a list of the Top Performing Mutual Funds in India.

This list has been curated in no particular order and shouldn’t be considered as a ranking list.

  1. ICICI Prudential Value Discovery Fund

Category: Equity: Large Cap

Assets: Rs 15,881 crore (As on Mar 31, 2018)

Expense: 2.16% (As on Mar 31, 2018)

The ICICI Prudential Value Discovery Fund is a great option for long-term investment. The fund generates returns through a combination of dividend income and capital appreciation. It aims at investing in a diversified portfolio of value stocks. This fund has been a top performer since its commencement on November 30, 2017. Investors with commendable patience can invest in this fund.

  1. SBI Blue Chip Fund

Category: Equity: Large Cap

Assets: Rs 17,724 crore (As on Mar 31, 2018)

Expense: 1.97% (As on Mar 31, 2018)

The SBI Blue Chip Fund aims to provide investors opportunities for long-term investments and better growth. It falls under the large-cap category. This fund actively manages investments in a diversified basket of equity stocks of companies whose market capitalization is equal to or more than the least market capitalised stock of S&P BSE 100 Index. Investors who want to explore the blue chip Indian companies can invest in this mutual fund.

  1. Aditya Birla Sun Life Tax Relief 96

Category: Equity: Tax Saving

Assets: Rs 5,523 crore (As on Mar 31, 2018)

Expense: 2.11% (As on Mar 31, 2018)

Aditya Birla Sun Life Tax Relief 96 is an open-ended ELSS scheme with a lock-in period of three years from the date of allotment. The fund focuses in generating capital appreciation by investing in equity investments and helps to save tax under Section 80 C.  This is one of the best investment options for those who want to get the benefit of tax saving.

  1. Motilal Oswal Multicap 35 Fund

Category: Equity: Multi Cap

Assets: Rs 12,213 crore (As on Mar 31, 2018)

Expense: 2.20% (As on Jan 31, 2018)

Motilal Oswal Multicap 35 Fund is one of those mutual fund schemes which focuses on growth stocks. It makes investments into growth stocks without any bias for market capitalisation. For a long-term perspective, this fund should be considered ideal for investment.

  1.  Tata Equity P/E Fund

Category: Equity: Multi Cap

Assets: Rs 2,965 crore (As on Mar 31, 2018)

Expense: 2.13% (As on Mar 31, 2018)

The Tata Equity P/E Fund is a large-cap equity fund which aims to invest 70 to 100 percent of its corpus in stocks which are trading below 12 months rolling PE ratio of BSE Sensex. Besides following the value conscious style of investing, the fund uses various quantitative and qualitative parameters to shortlist the companies. This fund is for investors who are looking for a good long-term equity fund with a clear smart approach.

  1. Franklin India Prima Fund

Category: Equity: Mid Cap

Assets: Rs 6,354 crore (As on Mar 31, 2018)

Expense: 2.46% (As on Mar 31, 2018)

Franklin India Prima Fund is a mutual fund scheme that uses a portfolio of equity and equity-related securities for generating long-term capital appreciation. It is primarily focused on investing in small and mid cap companies. The fund has over the years delivered huge returns by investing in small and mid-sized companies which show traits of higher growth rate than their larger counterparts. This fund is ideal for investors who look for a long-term growth.

  1. Aditya Birla Sun Life Frontline Equity

Category: Equity: Large Cap

Assets: Rs 19,373 crore (As on Mar 31, 2018)

Expense: 2.21% (As on Mar 31, 2018)

The Aditya Birla Sun Life Frontline Equity Fund is focused mainly on the financial sector. This is one of the most consistent performers and gives you high returns consistently. The fund is ideal for investors who seek to attain long-term financial goals such as children’s education, children’s marriage, retirement planning, etc.

  1. Mirae Asset Emerging Bluechip

Category: Equity: Mid Cap

Assets: Rs 5,006 crore (As on Mar 31, 2018)

Expense: 2.38% (As on Mar 31, 2018)

While the market is scaling new heights almost every day, it is advisable to be invested in schemes that are conservative in their approach as far as stock selection is concerned. Mirae Asset Emerging Bluechip is one such fund which has a good exposure to large and mid-cap companies and hence the chances of its outperformance is quite high. This fund is ideal for investors who wish to generate income and capital appreciation from a diversified portfolio.

  1. HDFC Balanced Fund

Category: Hybrid: Equity-oriented

Assets: Rs 20,401 crore (As on Mar 31, 2018)

Expense: 2.01% (As on Mar 31, 2018)

The HDFC Balanced Fund is one of the biggest hybrid equity-oriented hybrid funds. It is an ideal choice for investors who look for stability in returns but are willing to take the risk of equity. Balanced funds have two-thirds of their portfolio in equities and the remaining in fixed income securities. This helps an investor maintain asset allocation. This is a safe option for new investors who prefer products with a stable risk profile.

  1. Reliance Small Cap Fund

Category: Equity: Small Cap

Assets: Rs 6,545 crore (As on Mar 31, 2018)

Expense: 2.00% (As on Mar 31, 2018)

The Reliance Small Cap Fund is one of the top performing small cap funds in India. It is the only investment fund that allows a minimum investment of Rs. 100. This scheme focuses on investments in equity and equity related instruments of small cap companies with the aim of generating long-term capital appreciation. Another objective of this fund is to generate regular returns by investing in debt and money market securities.

These are some of the top performing mutual funds in India. While there are a lot of other investment options, mutual funds have become the most popular among these because of their diversification and professional management. Mutual Funds are designed to meet a variety of financial goals. Whether it is saving for retirement, education, a home, or for an emergency, mutual funds can cater to all your needs. The only thing that you have to do right is to choose the mutual fund that befits your financial goals.