6 Beloved Mutual Funds to Gift Your Valentine
It is a fact that money talks louder than flowers, candies, cakes, and even expensive gifts. Planning to say “I love you” to your sweetheart this Valentine? Well, the idea has just got boring and there is no excitement in gifting a big flower bouquet that will just bring a temporary smile on your beloved face who actually deserves the best in the world. This Valentine’s day, prove your words via your actions by gifting your love a token of long-term commitment. Invest in the recommended mutual fund and show them that you really care about their future.
- To Your Beautiful Sweetheart: ICICI Prudential Bluechip Fund
- For Your Handsome Beau: L&T Midcap Fund
- For a Loving and Supporting Wife: Mirae Asset India Equity Fund
- For Your Perfect Man: HDFC Small Cap Fund
- To the New Member in the Family: ICICI Prudential Child Care Fund
- For Those Who Taught Money Management and Investing: Tata Retirement Savings Fund-Progressive Plan
Top Mutual Funds to Gift Your Valentine in 2019
To Your Beautiful Sweetheart: ICICI Prudential Bluechip Fund
Taking your lady love to the finest dining this Valentine is an overrated way of celebrating the day. Invest for her in ICICI Pru Bluechip Fund which is a top-of-mind choice in large-cap category. Along with the promise of high returns in the long run, it holds a factor of stability as well, as the investment is done majorly in the top 100 companies as per the market cap. Doing this, you will convey a clear message of love to her that there is nothing much important than her secure future for you.
| Basic Information- ICICI Prudential Bluechip Fund (G) | |
|---|---|
| Category | Equity: Large Cap |
| Benchmark | NIFTY 100 TRI |
| Launch Date | 23-May-08 |
| Asset Size | Rs. 19,863 crore (As on Jan 31, 2019) |
| Expense Ratio | 2.10% (As on Jan 31, 2019) |
| Minimum SIP Investment | Rs. 100 |
| Minimum Lumpsum Investment | Rs. 100 |
| Return Since Inception | 13.60% |
| Exit Load | 1% for redemption within 365 days |
Going with the historical performance of this fund of ICICI Prudential MF, it has been able to outperform both its benchmark and category average in 5, 7, 10 years time period with a considerable margin as on Feb 12, 2019.
For Your Handsome Beau: L&T Midcap Fund
Make your special someone feel much adored by ditching the idea of buying him his favorite video game and maintain the thrill of your relationship by gifting him L&T Mid Cap Fund, one of the top performing funds in the category. Let him know how important he is to you and how prudent you are of thinking about his secured financial future. The message is clear, “Path of love is risky and so will be the investment in L&T Mid Cap Growth Plan; all you need is a long-term commitment and a promise to be together even in difficult times.
| Basic Information- L&T Midcap Fund (G) | |
|---|---|
| Category | Equity: Mid Cap |
| Benchmark | NIFTY Midcap 100 TRI |
| Launch Date | 9-Aug-04 |
| Asset Size | Rs. 3,665 crore (As on Jan 31, 2019) |
| Expense Ratio | 2.14% (As on Jan 31, 2019) |
| Minimum SIP Investment | Rs. 500 |
| Minimum Lumpsum Investment | Rs. 5000 |
| Return Since Inception | 18.87% |
| Exit Load | 1% for redemption within 365 days |
It has been a consistent outperformer than both its benchmark and category average in all time periods, be it 3, 5, 7, 10 years as on Feb 12, 2019, offering a whopping return of 16.85%, 23.07%, 18.88%, and 23.05%, resp.
For a Loving and Supporting Wife: Mirae Asset India Equity Fund
It’s time you tell your loving wife, ‘Honey, you’re unbeatable and no other lady could complete and compliment me so well.’ If you’re not that expressive, present her an investment in Mirae Asset India Equity Fund and let your action do all the talking. This multi-cap mutual fund will serve a handy tool for multiple life objectives that you two will have to accomplish together.
| Basic Information- Mirae Asset India Equity Fund (G) | |
|---|---|
| Category | Equity: Multi Cap |
| Benchmark | S&P BSE 200 TRI |
| Launch Date | 4-Apr-08 |
| Asset Size | Rs. 10,343 crore (As on Jan 31, 2019) |
| Expense Ratio | 2.05% (As on Jan 31, 2019) |
| Minimum SIP Investment | Rs. 1000 |
| Minimum Lumpsum Investment | Rs. 5000 |
| Return Since Inception | 15.45% |
| Exit Load | 1% for redemption within 365 days |
It is a 5-star rating holder fund which has a track record of providing the best of returns in its category. The fund managers take strong bets for financial, energy, and technology sector, all of which are good growth segments.
For Your Perfect Man: HDFC Small Cap Fund
HDFC Small Cap Fund is the best small-cap fund with a 5-star rating. Just like your hero, it is known for its strong performance in the past years. This fund is a topper, just the right choice you can count on for the long term. Invest in it for a long term and gift it as a Valentine token to your husband. It is currently investing in 71 stocks following a highly diversified investment style to seek benefit from all around.
| Basic Information- HDFC Small Cap Fund (G) | |
|---|---|
| Category | Equity: Small Cap |
| Benchmark | NIFTY Smallcap 100 TRI |
| Launch Date | 3-Apr-08 |
| Asset Size | Rs. 6,164 crore (As on Jan 31, 2019) |
| Expense Ratio | 2.18% (As on Jan 31, 2019) |
| Minimum SIP Investment | Rs. 500 |
| Minimum Lumpsum Investment | Rs. 5000 |
| Return Since Inception | 13.69% |
| Exit Load | 1% for redemption within 365 days |
Considering the past performance of the scheme, it has been able to outperform both its benchmark and category’s average in almost all time periods of 3, 5, 7, 10 years as on Feb 12, 2019.
To the New Member in the Family: ICICI Prudential Child Care Fund
Like true love, a little bit goes a long way, if invested in just the right fund for a newborn in your family. Nothing is important than a safe and secure financial future of your child. Invest in ICICI Prudential Child Care Fund today and ensure a healthy financial life for your kid. You can start with SIP investment of just Rs 100 in ICICI Pru Child Care Plan. It is a hybrid category fund which invests in both equities and debt instruments, thus offering high returns along with stability.
| Basic Information- ICICI Prudential Child Care Fund (G) | |
|---|---|
| Category | Hybrid: Aggressive Hybrid |
| Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 |
| Launch Date | 31-Aug-01 |
| Asset Size | Rs. 601 crore (As on Jan 31, 2019) |
| Expense Ratio | 2.56% (As on Jan 31, 2019) |
| Minimum SIP Investment | Rs. 100 |
| Minimum Lumpsum Investment | Rs. 5000 |
| Return Since Inception | 15.93% |
| Exit Load | 0 |
The trailing returns of the scheme for the past 3, 5, 7, and 10 years are 13.51%, 15.34%, 13.30%, and 18.18%, resp., where it has been successful in outperforming both its category average and benchmark in almost all of the instances as on Feb 12, 2019.
For Those Who Taught Money Management and Investing: Tata Retirement Savings Fund-Progressive Plan
You cannot return back the love and care that your parents have given you. But what you can do is show them that you have understood well the money management lessons that they have taught you in life. This Valentine’s Day, invest in Tata Retirement Savings Fund-Progressive Plan and gift a happy retirement to your parents. Invest in the fund regularly and give a commitment of a long-term financial security to your dear ones.
| Basic Information- Tata Retirement Savings Fund-Progressive Plan (G) | |
|---|---|
| Category | Equity: Multi Cap |
| Benchmark | S&P BSE Sensex TRI |
| Launch Date | 1-Nov-11 |
| Asset Size | Rs. 546 crore (As on Jan 31, 2019) |
| Expense Ratio | 2.59% (As on Dec 31, 2018) |
| Minimum SIP Investment | Rs. 150 |
| Minimum Lumpsum Investment | Rs. 5000 |
| Return Since Inception | 14.55% |
| Exit Load | For Redemption or switch out of units before the attainment of retirement age, i.e., 60 years |
It is a multi-cap oriented fund which follows a partially diversified investment style with investment in 39 good quality stocks. The fund manager takes strong bets in financial, FMCG, energy, and construction sector all of which hold strong growth potential considering the time now.
- 100% Paperless
- No Transaction Charges
- Easy to Invest
- Safe & Secure
We hope you have found a modern and prudent way to say ‘I Love You’ to your partner this Valentine’s Day. Make use of our analysis and invest asap. You can either go for SIP investment or make a lumpsum payment depending upon your needs.
Besides this, at MySIPonline, we are offering a special dinner date to a lucky couple. All you need to do is start a SIP of Rs 1000* from anywhere between February 14, 2019- February 22, 2019.
*Terms and Conditions:
- Applicable to equity & hybrid funds only.
- Tenure of investment should be a minimum of 3 years or more.
- The dinner venue would be a 5-star property in your respective city.
- The contest will run from 14/2/19 to 22/2/19.
- The winner will be declared by a lucky draw.
If you want to seek a recommendation on a personal level and you have a special investment objective in mind, don’t delay in contacting our experts directly via call (+91-9660032889) or email (support@mysiponline.com).
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