Best Mutual Funds to Invest in February 2019
It is rightly said in the context of mutual funds, “a small step of investment today, will take you a long way tomorrow.” Investing in a timely manner indicates that you are prepared for goals that will come in different life stages. To help you bit in ensuring that your goal is achieved in time, we have come up with a list of five mutual funds from different categories where you can invest in now in February 2019, and accumulate bigger corpus for the future. Let’s start with the recommendation without wasting any more time.
Table of Content
Axis Bluechip Fund
In this volatile phase, add stability to your portfolio by investing in Axis Bluechip Fund which is quite popular for providing stable growth and has low to moderate level of risk. Coming to its portfolio allocation, it is currently investing in 22 stocks following a focused style of investment.
Basic Information- Axis Bluechip Fund (G) | |
---|---|
Category | Equity: Large Cap |
Benchmark | NIFTY 50 Total Return |
Launch Date | 5-Jan-10 |
Asset Size | Rs. 3,737 crore (As on Dec 31, 2018) |
Expense Ratio | 2.29% (As on Dec 31, 2018) |
Minimum SIP Investment | Rs. 1000 |
Minimum Lumpsum Investment | Rs. 5000 |
Return Since Inception | 11.78% |
Exit Load | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
It has allocated all its assets in giant and large-cap companies with finance as the leading sector. Other than finance, the fund manager sees strong growth prospects in technology, FMCG, and the Automobile segment. It has delivered far better returns than its benchmark and category in all duration. The trailing returns of Axis Bluechip Fund growth in one year as on Feb 6, 2019, is 12.50% where, in the same period, the benchmark and category stood at 7.19% and 3.82%, respectively.
Name | Returns (As on February 07, 2019) | |||
---|---|---|---|---|
3 Years | 5 Years | 7 Years | 10 Years | |
Axis Bluechip Fund (G) | 15.46% | 16.05% | 15.04% | NA |
Benchmark | 15.41% | 14.21% | 12.38% | NA |
Category | 13.96% | 14.05% | 12.15% | NA |
Mirae Asset India Equity Fund
This scheme of Mirae Asset Mutual Fund was launched on Apr 04, 2008, under the equity multi-cap category and was previously known as Mirae Asset India Opportunities Fund. It has shown great growth over the years and has provided returns of 17.64%, 19.54%, and 22.96%, in last 3, 5, and 10 years, respectively (as on Feb 07, 2019). As on Feb 07, 2019, the scheme has a NAV of Rs 48.59, and the asset under management as on Jan 31, 2019, is worth Rs 10,343 crore. For this scheme, the initial amount of investment is Rs 5000 and for SIP, it is Rs 1000.
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 | 1.93% (As on Dec 31, 2018) |
Minimum SIP Investment | Rs. 1000 |
Minimum Lumpsum Investment | Rs. 5000 |
Return Since Inception | 15.68% |
Exit Load | 1% for redemption within 365 days |
Coming to its portfolio allocation, it is currently investing in 59 stocks following a diversified style of investment where the major allocation is in giant and large-cap companies with a considerable amount in mid caps as well. A small portion of 2.37% is also invested in small-cap stocks. It is taking strong bets in the financial sector, followed by energy, FMCG, technology, and healthcare segment. These all are good growth offering segments considering the time now, thus making it a wise pick.
Name | Returns (As on February 07, 2019) | |||
---|---|---|---|---|
3 Years | 5 Years | 7 Years | 10 Years | |
Mirae Asset India Equity Fund (G) | 17.64% | 19.54% | 17.23% | 22.96% |
Benchmark | 15.12% | 15.28% | 13.04% | 16.60% |
Category | 13.05% | 16.43% | 13.82% | 17.89% |
Kotak Emerging Equity Scheme
Among several schemes brought by Kotak Mahindra MF, Kotak Emerging Equity Fund has made its mark through its overall performance throughout the years. Launched on March 30th, 2007, the investment objective of this scheme is to help investors generate long-term capital through investment predominantly in equity and related instruments of mid-cap companies.
Basic Information- Kotak Emerging Equity Scheme (G) | |
---|---|
Category | Equity: Mid Cap |
Benchmark | NIFTY Midcap 100 TRI |
Launch Date | 30-Mar-07 |
Asset Size | Rs. 3,425 crore (As on Jan 31, 2019) |
Expense Ratio | 2.14% (As on Dec 31, 2018) |
Minimum SIP Investment | Rs. 1000 |
Minimum Lumpsum Investment | Rs. 5000 |
Return Since Inception | 11.22% |
Exit Load | 1% for redemption within 365 days |
Kotak Emerging Equity Fund currently holds a five-star rating and 63 stocks in its portfolio, following a diversified style of investment. It has performed really well and the same can be proved by its past performance of last 3, 5, 7, and 10 years outperforming its benchmark and category in all time periods. However, considering its past one-year performance, it was greatly affected due to volatility in mid and small cap space, which led it to deliver -11.11% returns. Still, as the market is expected to offer better returns in the future, it is a good time to invest in this scheme.
Name | Returns (As on February 08, 2019) | |||
---|---|---|---|---|
3 Years | 5 Years | 7 Years | 10 Years | |
Kotak Emerging Equity Scheme (G) | 13.23% | 22.98% | 18.40% | 20.81% |
Benchmark | 11.57% | 18.17% | 13.56% | 18.88% |
Category | 11.08% | 19.64% | 17.41% | 22% |
HDFC Small Cap Fund
Being one of the oldest funds of the small-cap category, it has accumulated great corpus along with the experience of the market in different phases. Currently, HDFC Small Cap Fund holds an asset base amounting to Rs 6,164 crore as on Jan 31, 2019. It has given less negative returns than both its benchmark and category in the volatile phase of the market and managed to cap the losses really well.
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 | 2.26% (As on Dec 31, 2018) |
Minimum SIP Investment | Rs. 500 |
Minimum Lumpsum Investment | Rs. 5000 |
Return Since Inception | 13.92% |
Exit Load | 1% for redemption within 365 days |
Also, the past 3, 5, 7, and 10 years have been extraordinary as the scheme managed to outperform both the benchmark and category in almost all the instances as on Feb 08, 2019. These are all strong signs of great fund management and investment strategies followed by both its fund managers Mr. Amar Kalkundrikar and Mr. Chirag Setalvad.
Name | Returns (As on February 07, 2019) | |||
---|---|---|---|---|
3 Years | 5 Years | 7 Years | 10 Years | |
HDFC Small Cap Fund (G) | 18.21% | 20.25% | 17.34% | 21.32% |
Benchmark | 8.83% | 14.80% | 10.45% | 16.24% |
Category | 10.98% | 21.05% | 17.17% | 20.49% |
Mirae Asset Emerging Bluechip Fund
This scheme was launched on Jul 09, 2010, under the equity large and mid-cap category with the objective to provide long-term capital appreciation by investing in a blend of large and mid-cap securities. As of now, it has 53.82% of the total investment in giant and large-caps, 40.51% in mid-caps, and 5.67% in small-cap companies.
Basic Information- Mirae Asset Emerging Bluechip Fund (G) | |
---|---|
Category | Equity: Large & MidCap |
Benchmark | NIFTY Large Midcap 250 TRI |
Launch Date | 9-July-10 |
Asset Size | Rs. 6,368 crore (As on Jan 31, 2019) |
Expense Ratio | 2.26% (As on Dec 31, 2018) |
Minimum SIP Investment | Rs. 1,000 |
Minimum Lumpsum Investment | Rs. 5,000 |
Return Since Inception | 20.57% |
Exit Load | 1% for redemption within 365 days |
The fund has a current net asset value of Rs 49.85 (as on Feb 07, 2019) and assets under management equaling Rs 6,368 crores (as on Jan 31, 2019). It is currently investing in 61 stocks and follows a diversified investment style with major allocation in large and mid-cap stocks, and a small percentage in small-cap stocks as well. Mirae Asset Emerging Bluechip Fund (G) has given returns of 19.48%, and 26.86% in 3 and 5 years, respectively (as on Feb 07, 2019), and has beaten its benchmark at both instances with a great margin. You can start an investment in this scheme now at MySIPonline with a minimum amount of Rs 5000 and a SIP for as low as Rs 1000.
Name | Returns (As on February 07, 2019) | |||
---|---|---|---|---|
3 Years | 5 Years | 7 Years | 10 Years | |
Mirae Asset Emerging Bluechip Fund (G) | 19.48% | 26.86% | 23.95% | NA |
Benchmark | 15.30% | 18.13% | 15.12% | NA |
Category | 12.92% | 17.22% | 14.94% | NA |
- 100% Paperless
- No Transaction Charges
- Easy to Invest
- Safe & Secure
Conclusion
The reasons why we are suggesting to invest in these best mutual funds for February 2019 is because the performance of the schemes listed above is exceptional in their respective category, and on the top of that, they even hold a strong back of their respective fund houses as well. One can choose to invest via SIP or lump sum as per one’s requirement, however, we would suggest choosing a SIP route as it allows an individual to invest a fixed amount regularly. It will help you to take advantage of the volatility in the stock market without actively timing it. This process will eventually help you to average the cost of investment, and thus maximize returns in the end.
Have more questions related to regular mutual funds? Write to the experts in the form provided below. Also, you can contact us directly, if you wish to seek a suggestion or recommendation on a more personal level.