6 Best Mutual Funds to Invest in for 10-15 Years
Willing to invest in with a long-term view? That’s the best you can do it for yourself now to maximize your investment returns.
People, primarily in the age of 25-35 are young and healthy. They like partying and splurging, spending with today’s view and then saving for tomorrow. But no one knows what future has in store. Everything seems fine till the day one gets to realize that retirement is not too far and it needs good savings for that time. That’s when the real struggle begins!
Saving 80% of the salary at the age when you have expenses like a child’s college fees, daughter’s marriage, etc., is nothing less than a nightmare. So, what you can do to ensure a peaceful sleep, now & then? Well, early and small investments are the only solution. As the time horizon is elongated, equity mutual funds can be the best bet for you. Thinking, where to stow in your money? Here’re our experts’ recommendations!
Note: This portfolio is ideally for bit aggressive investors as with increased time horizon, one has more time to recoup with the losses, and thus this way the returns are maximized.
- ICICI Prudential Value Discovery Fund (G)
With an asset size worth Rs. 16,130 crore as on Jun 30, 2018, ICICI Prudential Value Discovery Fund growth seizes the first place on our list. It is one of the most popular value-oriented funds which seeks for stocks with great growth potential and relative market trading at a discounted price than their intrinsic value. It can be called as a market-cap agnostic and is a multi-cap scheme in nature. ICICI Prudential Value Discovery Fund has sharply increased its large-cap orientation in the last few years seeing better and attractive valuations in this space. It is ideally meant to spot winners and go against the tide; thus this attribute makes it an ideal investment choice with a long-term horizon in mind.
- HDFC Mid Cap Opportunities Fund (G)
Experts address HDFC Mid Cap Opportunities Fund as a remarkable performer of one of the most impulsive categories of mutual funds. It has maintained its ranking of 4 stars from the past seven years, despite all the ups and downs. If you check the past one-year returns of several schemes from the similar category, you’ll find that most of them have struggled to beat their benchmark, but the fund is a proud exception. The exceptional investment strategy of HDFC Mid Cap Opportunities Fund Growth has made it so famous, and the burgeoning fund size (*Rs 19, 990 crores as on Jun 30, 2018) is the proof. Such noteworthy attributes offer it a fixed space on our list of recommendation for long-term investment.
- Aditya Birla Sun Life Frontline Equity (G)
This is a gem in large-cap space with a record of outperforming both its benchmark and category for 13 years straight (from 2004 to 2016). The mind-boggling track has earned it four and five-stars rating consistently which is rarely seen in this category. A large-cap fund in the portfolio is a must, and when you have Aditya Birla Sun Life Frontline Equity (G), you can be sure of good returns. How? Well, it has not only delivered good performances in the bull market but has also contained losses in the bear markets of 2008 and 2011 which make it stand out. The excellence has led it to nudge Rs 20,000 crores mark through its assets size. (Data as on June 30, 2018)
- Axis Long-Term Equity Fund (G)
A list of recommendations seems incomplete if we don’t include an ELSS fund to it. Who doesn’t want to grab the opportunity of wealth building along with tax saving? Axis Long-Term Equity Fund growth is here to vie for your attention with its grand assets size of Rs. 17,299 crores as on June 30, 2018, and an average return since the launch of 19.21%. The fund manager Mr. Jinesh Gopani looks for superior and scalable businesses which can offer a high return on capital and secular growth. It too has scaled its performance in the falling market of 2011, and thus has shown its capability of containing losses. All these characteristics buy it a unique space on our list.
- L&T Emerging Businesses Fund (G)
Want to know what an average return of 26.13% looks like in reality? Invest in L&T Emerging Businesses Fund and find out all your answers. Being a newcomer, this small-cap fund has proven its capability by beating both its benchmark and category in all the years of its existence and that too by convincing margins. It has never restricted itself to any of the investment styles or strategy but believes in buying quality stocks at a reasonable valuation. A regular SIP investment of around 1k to 2k can help you earn a whopping corpus at the end.
- Reliance Small Cap Fund (G)
While adhering to a philosophy of finding good businesses at a reasonable price without leaning overtly towards either of the investment styles, Reliance Small Cap Fund has successfully gained the trust of several investors, leading to an asset base of Rs. 6,696 crores as on June 30, 2018. It is one of the best small-cap funds with the support of two most experienced fund managers of Reliance MF, Mr. Dhrumil Shah, and Mr. Samir Ranchh. The average return since the launch of the scheme is 20.08%. Furthermore, the scheme has capped its losses far lower than its category and benchmark during the downfall in the year 2011. We assume such aspects provide a solid base of trust to someone looking to invest in for 10-15 years.
Last But Not Least
Now that you've got the map for the way towards your treasure, it's time to step into the world of mutual fund investments with MySIPonline as your partner. As it is rightly said that a good companion shortens the longest road. Let’s help you get the best by providing you with timely suggestions and much-needed guidance. Call us now if you have any question regarding this portfolio in mind, our experts will be more than happy to help you.