Breaking News

Best SIP Mutual Funds to Invest in 2016

CAknowledge

Best SIP Mutual Funds to Invest in 2016, The investment in the mutual funds have proved to be the best in the market as the common man is not involved, where to invest the same. Mutual funds are such instruments which have guaranteed minimum return since long time. But to select the best mutual fund, which would provide the best returns is very difficult. So here are some of the mutual funds which have extremely well performed the market. The selection of the best mutual fund depends on case to case basis, but normal selection would be as under.

Best SIP Mutual Funds to Invest in 2016

Best SIP Mutual Funds to Invest in 2016

How to select the Best Mutual Fund ?

There are many factors which needs to be considered before selecting the best mutual funds. As investing in the wrong mutual fund is as risky as investing in stock market, so precautions needs to be taken care of. Here are some of the factors which needs to be taken care of.

  1. First thing you need to consider before investing in any mutual fund is to see what is the total asset size of particular mutual fund. According to me if the asset size of particular mutual fund is more than 500 crore, than it is a good mutual fund.
  2. Secondly, the risk factor of the mutual fund should be taken care of. You need to check that in what securities this mutual funds are investing in.
  3. You need to check who is the fund manager and which is the fund house. You need to invest in such mutual funds, which has a reputed image and popularised also.
  4. The ratings given by various credit rating agencies should also be taken care of and investment should be made accordingly.
  5. The launch period of SIP also matters a lot. The SIP having launched the product has completed already 5 years, than it would be good part to invest in.

Best SIP Mutual Funds to Invest in:

The investment of the funds depend on the category of the investment you want to make in. There are various categories according to which the investment needs to be made.

1. Large Capital Funds

The top 2 best investment plans in the mutual funds are:

(a) SBI Blue Chip Fund:

  • 1 year Return – 28.30 %
  • 3 year Return – 27.80%
  • 5 year Return – 14.70%
  • Launch date – 14th February, 2006
  • Minimum Investment – Rs 5,000

(b) UTI Equity Fund:

  • 1 year Return – 12.0%
  • 3 year Return – 19.7%
  • 5 year Return – 12.2%
  • CRISIL Rank – 2
  • Ratings – 4/5

Must Read – 

2. Multi Capital funds

The top 2 best investment plans in the mutual funds are:

(a) Franklin India Prima Plus Fund:

  • Launch Date – August 2004
  • Expense Ratio – 2.23%
  • 1 year Return – 9.62%
  • Net Assets – 10,526 cr

(b) ICICI Prudential Value Discovery Fund:

  • Launch Date – September 1994
  • Expense Ratio – 2.26%
  • 1 year Return – 10.42%
  • Net Assets – 5,566 cr

3. Mid Capital Funds

The top 2 best investment plans in the mutual funds are:

(a) Kotak Emerging Equity Fund:

  • 1 year Return – 13.40 %
  • 3 year Return – 27.69 %
  • 5 year Return – 14.70%
  • Launch Date – March 2007
  • Minimum Investment – Rs 5,000

(b) IDFC Premier Equity Fund:

  • 1 year Return – 8.85 %
  • 3 year Return – 24.48 %
  • 5 year Return – 15.31%
  • Launch Date – April 2009
  • Minimum Investment – Rs 10,000
Ask Your Query

About Yash Shah

Yash Shah is passionate article writer and has written more than 100 articles in the field of Finance, Insurance, Stock Market, Company Law, Auditing, Taxation and many others. In case of any queries or suggestions, you can reach the author @ [email protected], you can also catch him on facebook @ yashshah299

Leave a Reply

Your email address will not be published. Required fields are marked *