5 Best Equity Mutual Funds to Invest in 2019
With the new year’s eve just a stone throw away, people have started making party plans for the year ahead to make the beginning of 2019 the best they could. The starting of a new year is indeed a good time to reflect upon things of the past and make plans for the future. No plan is completed without planning for one’s monetary needs, and when it comes to making money, the mutual fund is a product that is impossible to miss these days. Talking of mutual funds and without wasting any more time, let’s learn about a few of the schemes that you can choose to invest in now with an aim to attain your defined financial objective of the future.
Invest in the Best Mutual Funds
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1. Reliance Large Cap Fund
Reliance Large Cap Fund is a superior product of Reliance Mutual Fund, which is itself one of the pillars responsible for holding the Indian Mutual Fund industry together. Indeed, the scheme lies in the list of hottest selling mutual funds in India. The scheme has the energy to spew exceptional returns, and it can be proved with its past 5 and 10 years returns of 16.91% and 17.21%, respectively as on December 24, 2018. It is currently managed by Mr. Sailesh Raj Bhan who aims to create long-term capital by investing majorly in equity and related instruments of large-cap companies.
Suitability: Risk-averse investors looking for generating good corpus by investing in an equity fund in the long run.
| Basic Information- Reliance Large Cap Fund | |
|---|---|
| Category | Equity: Large Cap |
| Benchmark | S&P BSE 100 TRI |
| Launch Date | 8-Aug-07 |
| Asset Size | Rs. 11,410 crore (As on Nov 30, 2018) |
| Expense Ratio | 2.24% (As on Nov 30, 2018) |
| Minimum investment | Rs. 5000 |
| Minimum SIP | Rs. 100 |
| Return Since Inception | 10.96% |
| Exit Load | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
2. L&T Mid Cap Fund
This scheme from L&T Mutual Fund has amazed investors with its whopping returns of 19.58% since inception. L&T Mid Cap fund holds a 5-star rating, and an assets size of Rs. 3,438 crore as on Nov 30, 2018. Like a lot of other schemes from the fund house, this scheme too is following a diversified style of investing and has investments in 78 stocks presently, picked from 14 sectors. The major allocation is in mid cap companies with 78.61% of the total asset allocation, and the remaining is in the large and small cap with 10.95% and 10.01%, respectively. Mr Soumendra Nath Lahiri and Mr Vihang Naik are the fund managers of the scheme.
Suitability: Aggressive investors who are looking forward to generating exceptional returns in the tenure of 5 years and more.
| Basic Information- L&T Mid Cap Fund | |
|---|---|
| Category | Equity: Mid Cap |
| Benchmark | NIFTY Midcap 100 TRI |
| Launch Date | 9-Aug-04 |
| Asset Size | Rs. 3438 crore (As on Nov 30, 2018) |
| Expense Ratio | 2.17% (As on Nov 30, 2018) |
| Minimum investment | Rs. 5000 |
| Minimum SIP | Rs. 500 |
| Return Since Inception | 19.58% |
| Exit Load | 1% for redemption before 365 days |
- 100% Paperless
- No Transaction Charges
- Easy to Invest
- Safe & Secure
3. Mirae Asset India Equity Fund
Being from the multi-cap category, this scheme from Mirae Asset Mutual Fund aims to maximize long term capital appreciation by finding investment opportunities resulting from Indian economic growth and its structural shifts through investing in equity and its related securities. Mirae Asset India Equity Fund has managed to gain huge popularity and all the credit for that goes to its exceptional performance in the long run. It has delivered 18.63% return in 5 years and 21.81% return in 10 years which are much more than the ones delivered by both its category and benchmark.
Suitability: Investors who are willing to invest across the market caps and gain capital appreciation by investing in them should prefer investing in this scheme.
| Basic Information- Mirae Asset India Equity Fund | |
|---|---|
| Category | Equity: Multi Cap |
| Benchmark | S&P BSE 200 TRI |
| Launch Date | 4-Apr-08 |
| Asset Size | Rs. 9,697 crore (As on Nov 30, 2018) |
| Expense Ratio | 2.02% (As on Nov 30, 2018) |
| Minimum investment | Rs. 5000 |
| Minimum SIP | Rs. 1000 |
| Return Since Inception | 15.62% |
| Exit Load | 1% for redemption before 365 days |
4. L&T Emerging Businesses Fund
L&T Emerging Businesses Fund is an excellent choice due to several parameters including its risk management and returns. L&T Emerging Businesses Fund growth plan follows one of the best-diversified approaches for asset allocation, and not only with respect to portfolio allocation, but in market cap allocation as well. Even after being a small-cap scheme, this fund has a considerable allocation in the mid caps as well. The fund does not stick to any of the investment style either growth or value investing, and looks forward to choosing good quality and growth-oriented businesses at reasonable valuations.
Suitability: Highly aggressive investors who are ready to invest for a long-term period of 7 years or more to earn capital appreciation.
| Basic Information- L&T Emerging Businesses Fund | |
|---|---|
| Category | Equity: Small Cap |
| Benchmark | S&P BSE Small Cap TRI |
| Launch Date | 12-May-14 |
| Asset Size | Rs. 5,392 crore (As on Nov 30, 2018) |
| Expense Ratio | 2.19% (As on Nov 30, 2018) |
| Minimum investment | Rs. 5000 |
| Minimum SIP | Rs. 500 |
| Return Since Inception | 21.50% |
| Exit Load | 1% for redemption before 365 days |
5. SBI Small Cap Fund
SBI Small Cap Fund is an open-ended small cap equity scheme that exclusively invests in a well-diversified basket of small-cap stocks for capital appreciation in the long run. In October 2015, due to the capacity constraint of Rs. 750 crore subscription, it has been suspended. But again, on May 16, 2018, the scheme has been reopened for fresh investments.
Suitability: Aggressive investors with long-term investment horizon must go with the scheme to get attractive returns.
| Basic Information- SBI Small Cap Fund | |
|---|---|
| Category | Equity: Small Cap |
| Benchmark | S&P BSE Small Cap TRI |
| Launch Date | 9-Sep-09 |
| Asset Size | Rs. 1,281 crore (As on Nov 30, 2018) |
| Expense Ratio | 2.49% (As on Nov 30, 2018) |
| Minimum investment | Rs. 5000 |
| Minimum SIP | Rs. 500 |
| Return Since Inception | 18.76% |
| Exit Load | 1% for redemption before 365 days |
The Final Note
The beginning of a new year is your chance to wave goodbye to all the negativity that affects your enthusiasm and make new goals to accomplish. The above mentioned mutual funds can help you to fulfill your upcoming financial plans, and thus you can focus on the other segments of your life. All you need to do is pick a scheme or two from the list and invest by associating it with a particular goal. Being from the equity category, they all are suitable for long-term investment and can help one generate good returns. One can make lumpsum or SIP investment in them as per convenience. To seek personalized suggestions, consult the experts at MySIPonline today!