Best Mutual Fund Schemes to Invest in May 2019
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“Opportunities are like sunrises. If you wait too long, you miss them.” Mutual funds are among the biggest investment opportunities right now, and for optimal growth, a right and an early start is extremely important. In the past year, the equity market has shown an uncertain behavior because of which several new opportunities have emerged and some of the top mutual fund schemes among those will be discussed today.
Table Of Content
Continuing with the monthly series, today we bring you the best mutual fund schemes you can invest in May 2019. The list contains schemes from different categories, so investors with different investment styles and preferences can choose as per their requirements.
- 100% Paperless
- No Transaction Charges
- Easy to Invest
- Safe & Secure
Tata Digital India Fund (G)
Basic Details | |
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Category | Equity: Sectoral-Technology |
Benchmark | S&P BSE IT TRI |
Launch Date | 28-Dec-15 |
Asset Size | Rs. 430 crore (As on Mar 31, 2019) |
Expense Ratio | 2.70% (As on Mar 31, 2019) |
Minimum Investment | Rs. 5000 |
Minimum SIP | Rs. 500 |
Return Since Inception | 14.29% |
Exit Load | 0.25% for redemption within 91 days |
Information technology is a sector which has shown exceptional growth in the past decade, and all the credit goes to technological advancements. The same kind of growth can be expected in the future too, and one of the best ways to enjoy this growth through a technology sector fund. Tata Digital India Fund is one of the best funds of this category. The scheme has shown a great performance in a very short time and has grabbed the first rank in the category. It focuses on quality over quantity, and as of now has investments in stocks of just 14 companies, all of which are big players of the technology sector. A suitable choice for investors who have a high risk appetite, and want to grab opportunities in the IT sector.
SBI Banking & Financial Services Fund (G)
Basic Details | |
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Category | Equity: Sectoral-Banking |
Benchmark | NIFTY Financial Services TRI |
Launch Date | 26-Feb-15 |
Asset Size | Rs. 728 crore (As on Mar 31, 2019) |
Expense Ratio | 2.42% (As on Mar 31, 2019) |
Minimum Investment | Rs. 5000 |
Minimum SIP | Rs. 500 |
Return Since Inception | 15.32% |
Exit Load | 1% for redemption within 365 days |
Finance is the most discussed sector in 2019 as the opportunities associated with this sector is exceptional. The top stocks of the finance sector have already reached their all time highs, and in the near future, further upside is expected by the experts. SBI Banking & Financial Services Fund is a scheme that has gained full benefit from this growth and has provided average annualized returns of 23.62% in the past 3 years. This sector fund is also following a focused investment approach, and as of now has investments in just 13 stocks. The companies are selected on the basis of strong fundamentals, and large cap (72.87%) space is preferred the most. The scheme is a suitable choice for investors who have a high risk appetite, and hold convictions for the finance sector.
Axis Bluechip Fund (G)
Basic Details | |
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Category | Equity: Large Cap |
Benchmark | NIFTY 50 Total Return |
Launch Date | 05-Jan-10 |
Asset Size | Rs. 4,802 crore (As on Mar 31, 2019) |
Expense Ratio | 1.86% (As on Mar 31, 2019) |
Minimum Investment | Rs. 5000 |
Minimum SIP | Rs. 1000 |
Return Since Inception | 12.01% |
Exit Load | 1% for redemption within 365 days |
Axis Bluechip Fund has maintained a good track record by providing stable growth to the investors. In the past year, when most of the equity funds were showing returns in negative, this fund is among the few that maintained to stay on the positive side. The large cap fund has always preferred quality stocks and has kept the number of stocks in the portfolio very low. As of now, the scheme has investments in 22 stocks, and 100% of the equity investments are in the large caps. The sector allocation is also focused, and finance (43.59%) holds the most investments. Also, to further reduce the risk associated, 13.26% of the total investments have also been given to the debt space. A great scheme for investors who have a moderate risk appetite and want a stable growth in the long term.
DSP Equity Fund (G)
Basic Details | |
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Category | Equity: Multi Cap |
Benchmark | NIFTY 500 TRI |
Launch Date | 29-Apr-97 |
Asset Size | Rs. 2,660 crore (As on Mar 31, 2019) |
Expense Ratio | 2.00% (As on Mar 31, 2019) |
Minimum Investment | Rs. 500 |
Minimum SIP | Rs. 500 |
Return Since Inception | 19.49% |
Exit Load | 1% for redemption within 365 days |
DSP Equity Fund, a multi cap category scheme that has been providing a consistent growth to investors. The scheme has the property to modify the market cap allocation depending on the market conditions and to deal with the past one year volatility, it has increased the allocation in the large caps. Currently, the scheme has 68.34% investments in large caps, 21.06% in the mid caps, and 10.60% in the small cap companies. The stock picking is partially diversified, and at present, the scheme has investments in 56 stocks picked across from 14 equity sectors. The major emphasis is on the finance (37.93%) sector, and the other top sectors in the portfolio include construction, technology, FMCG, and healthcare. A great scheme for investors who have a moderate risk appetite and an investment horizon of 5 years or more.
- 100% Paperless
- No Transaction Charges
- Easy to Invest
- Safe & Secure
DSP Equity & Bond Fund (G)
Basic Details | |
---|---|
Category | Hybrid: Aggressive Hybrid |
Benchmark | CRISIL Hybrid 35+65 Aggressive |
Launch Date | 27-May-99 |
Asset Size | Rs. 6,424 crore (As on Mar 31, 2019) |
Expense Ratio | 2.04% (As on Mar 31, 2019) |
Minimum Investment | Rs. 500 |
Minimum SIP | Rs. 500 |
Return Since Inception | 14.62% |
Exit Load | 1% for redemption within 365 days |
Aggressive Hybrid is a category of mutual funds that gained huge popularity amid the volatility of 2018. If you are also looking forward to adding a scheme of this category in your portfolio, DSP Equity & Bond Fund is one of the best choices for you. Being an aggressive hybrid scheme, it invests in a mix of equity (74.33%) & debt (24.82%) instruments to provide optimal growth to investors. The stock picking of this scheme of DSP Mutual Fund is also partially diversified, with current investments in 52 stocks. In the equity space, growth stocks are preferred, and in the debt space, instruments with high credit quality and medium interest rate sensitivity are picked. As of now, finance (27.56%) holds the highest allocation in the equities, and construction, technology, healthcare, and FMCG are the top sectors. This aggressive hybrid fund is an optimal choice for investors who have a moderate risk appetite and want to invest in the opportunities of equity and debt space.
Now, from this list of the best mutual funds for investments in May 2019, you can select a single scheme based on your investment needs, or you can also select multiple funds to create a diversified portfolio. Just make sure that the choice you make suits your risk appetite, so complications can be avoided in the future. If you have any query about the above mentioned or any other mutual fund scheme, feel free to connect with the experts at 9660032889.
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Best Funds
Top funds | Risk | Manager |
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Axis Bluechip Fund - Regular Plan - Growth | Very High | Shreyash Devalkar, Ashish Naik, Krishnaa N | Invest | |
DSP Flexi Cap Fund - Regular Plan - Growth | Very High | Bhavin Gandhi | Invest | |
DSP Aggressive Hybrid Fund- Regular Plan - Growth | Very High | Kedar Karnik, Abhishek Singh | Invest | |
SBI Banking & Financial Services Fund - Regular Plan - Growth | Very High | Milind Agrawal, Pradeep Kesavan | Invest | |
Tata Digital India Fund-Regular Plan-Growth | Very High | Meeta Shetty, Kapil Malhotra | Invest |