Why Should You Invest?
  • Available at discounted NAV
  • Follow the market trends
  • Handpicked by experts
  • Help in long-term goal fulfillment
Invest Now
Top funds 3Y Return 5Y Return
SBI Magnum Multicap Fund (G) 12.65% 19.24% Invest
Invesco India Mid Cap Fund (G) 12.54% 21.83% Invest
Reliance Banking Fund (G) 17.42% 19.97% Invest
L&T Midcap Fund (G) 14.63% 25.5% Invest
Motilal Oswal Multicap 35 Fund (G) 14.17% - Invest
View All Funds
Nov 28, 2018 10 min read

Top Mutual Funds to Invest in December 2018

Read this blog to find out about the top schemes to invest in December 2018.

We are entering the last month of 2018, and with this, we are also coming to the end of an year full of market volatility. From the start of the year, a series of events had taken place time to time, taking the returns of equity mutual fund schemes on a roller coaster ride. The top reasons responsible for this were reintroduction of LTCG, NPA crisis, IL&FS payment default, the surge in crude oil prices, and the continuous rise of Dollar-INR valuation.

Now, this, on one hand, created a panic among investors who were struck by the returns continuously going negative, on the other, it has opened a lot of opportunity for investors as now, the top schemes are available for investment at discounted prices. Today, we will discuss 5 mutual fund schemes handpicked from banking, midcap, and multi cap category that you can invest in December 2018 for optimal growth in the future.

Best Mutual Funds to Invest

Reliance Banking Fund (G)

Now, in the past one-year, banking and finance sector is the one that was hit by a large number of bad news. The condition was so bad that top PSU banks and finance companies faced a drop in prices of as high as 50%. This drop generated the best opportunity to invest in Reliance Banking Fund, as this sector is showing huge possibilities for growth in the future. Have a look at its basic details which will help you in kick-starting your investment journey.

Basic Information
Category Equity : Sectoral-Banking
Benchmark NIFTY Bank TRI
Launch Date 26-May-03
Asset Size Rs. 2,661 crore(As on Oct 31, 2018)
Fund Manager Mr. Soumendra Nath Lahiri
Expense Ratio 2.27%(As on Oct 31, 2018)
Minimum Lumpsum Rs. 5000
Minimum SIP Rs. 100
Return Since Inception 23.19%
Exit Load 1% for redemption before 365 days
Return Analysis
Description1 Month1 Year5 Years10 Years
Reliance Banking Fund 9.75% -3.90% 20.42% 21.40%
Benchmark 7.96% 2.67% 20.20% 21.15%
Category 8.32% -6.34% 15.58% 16.74%
As on Nov 22, 2018

From the above table, it can be seen that in the past 1 month, this scheme has provided a return of 9.75%, which shows that it has entered the recovery phase. Also, in the long-term too, even after being a sector scheme, Reliance Banking Fund has provided decent returns, beating benchmark as well as the category at every instance. But, before investing, remember that as it is a sector-oriented scheme, the risk associated is very high, and in the future too, such volatility can be seen. So, plan your investments accordingly.

Invesco India Mid Cap Fund (G)

Invesco Mutual Fund over the years have been gaining a steady popularity among investors, and one of the main reasons behind that is Invesco India Midcap Fund. Before we discuss this scheme further, have a look at its basic details.

Basic Information
Category Equity : Mid Cap
Benchmark NIFTY Midcap 100 TRI
Launch Date 19-Apr-07
Asset Size Rs. 227 crore(As on Oct 31, 2018)
Fund Managers Mr. Neelesh Dhamnaskar, Mr. Pranav Gokhale
Expense Ratio 2.30% (As on Oct 31, 2018)
Minimum Lumpsum Rs. 5000
Minimum SIP Rs. 500
Return Since Inception 14.16%
Exit Load 1% for redemption before 365 days
Return Analysis
Description1 Year3 Years5 Years10 Years
Invesco India Midcap Fund -4.24% 10.96% 22.20% 24.59%
Benchmark -12.12% 10.93% 19.57% 19.63%
Category -11.26% 8.89% 21.41% 22.05%
As on Nov 22, 2018

Invesco India midcap fund over the years has been showing a great performance, and not only in the market upside but the market downside as well. It invests in a focused manner and as of now has an investment in 40 stocks picked from 13 sectors. The major allocation is in finance, healthcare, energy, engineering, and services sector, all of which are expected to give a good rally in the coming years.


Invest in the Best Mutual Funds
  • 100% Paperless
  • No Transaction Charges
  • Easy to Invest
  • Safe & Secure

L&T Midcap Fund (G)

L&T Midcap Fund is a scheme which does not need any introduction. Over the course of years, it has maintained the 1st ranking in the mid cap category and all the credit for that goes to its exceptional management. Have a look at its basic details.

Basic Information
Category Equity : Mid Cap
Benchmark NIFTY Midcap 100 TRI
Launch Date 9-Aug-04
Asset Size Rs. 3,197 crore(As on Oct 31, 2018)
Fund Managers Mr. Soumendra Nath Lahiri, Mr. Vihang Nayak
Expense Ratio 2.24%(As on Oct 31, 2018)
Minimum Lumpsum Rs. 5000
Minimum SIP Rs. 500
Return Since Inception 19.62%
Exit Load 1% for redemption before 365 days
Return Analysis
Description1 Year3 Years5 Years10 Years
L&T Midcap Fund -10.76% 13.27% 25.76% 23.98%
Benchmark -12.12% 10.93% 19.57% 19.63%
Category -11.26% 8.89% 21.41% 22.05%
As on Nov 22, 2018

With the help of the above table, the difference in the returns of the benchmark, category, and scheme can be easily seen. Now, what makes it different from the above mid-cap scheme is its diversified style of investing, using which it has managed to provide an annual average return of more than 19% since its inception. As of now, L&T Midcap Fund has an investment in 78 stocks, majorly picked from finance, construction, engineering, healthcare, and chemicals sector.

SBI Magnum Multicap Fund (G)

SBI Magnum Multicap Fund is for investors who don’t want to take high risk with their investments. It invests across the market capitalization which provides it with an extra level of security as even if stocks from one market cap don’t perform, others can compensate for it. Have a look at its basic details.

Basic Information
Category Equity : Multi Cap
Benchmark S&P BSE 100 TRI
Launch Date 29-Sep-05
Asset Size Rs. 5,743 crore(As on Oct 31, 2018)
Fund Manager Mr. Anup Upadhyay
Expense Ratio 2.35%(As on Oct 31, 2018)
Minimum Lumpsum Rs. 1000
Minimum SIP Rs. 500
Return Since Inception 12.03%
Exit Load 1% for redemption before 365 days
Return Analysis
Description1 Year3 Years5 Years10 Years
SBI Magnum Multicap Fund -5.51% 11.00% 19.28% 17.22%
Benchmark -2.06% 11.78% 15.15% 16.98%
Category -5.06% 9.75% 16.43% 18.10%
As on Nov 22, 2018

Now, as you can see that in the past, this scheme has shown a moderate performance by giving an average annualized return of around 12%. But, as of now, SBI Magnum Multicap Fund has increased the allocation in the finance sector to 31.17%, so a high growth can be expected in the coming years, making it a perfect time to start your investments in this scheme.

Motilal Oswal Multicap 35 Fund (G)

Motilal Oswal Multicap 35 Fund has just completed a course of 4.5 years recently and in this short time, it has managed to gain quite a popularity and the AUM of more than Rs 12,000 crores is proof of that. Have a look at its basic details before we discuss this gem further.

Basic Information
Category Equity : Multi Cap
Benchmark NIFTY 500 TRI
Launch Date 28-Apr-14
Asset Size Rs. 12,236 crore(As on Oct 31, 2018)
Fund Managers Mr. Gautam Sinha Roy, Mr. Snigdha Sharma
Expense Ratio 2.04%(As on Oct 31, 2018)
Minimum Lumpsum Rs. 500
Minimum SIP Rs. 500
Return Since Inception 21.31%
Exit Load 1% for redemption before 15 days
Return Analysis
Description1 Month1 Year3 Years
Motilal Oswal Multicap 35 Fund 8.94% -7.20% 12.18%
Benchmark 6.79% -2.06% 11.78%
Category 6.04% -5.06% 9.75%
As on Nov 22, 2018

If you look at the above return table, the past 1 year and 3-year returns may not look that attractive. But, don't get confused with that as in just 1 month, Motilal Oswal Multicap 35 Scheme has shown a great recovery, providing a return of more than 8%. This shows how much potential this scheme holds for growth. Now, as it is following a focused style of investing (investment in a max of 29 stocks), the effect of volatility was a bit higher and also, this was the first time it was facing such a bad market cycle. But, from here on, a much better growth is expected.


Invest in the Best Mutual Funds
  • 100% Paperless
  • No Transaction Charges
  • Easy to Invest
  • Safe & Secure

The Final Take

So, from the above list, you can choose a mutual fund scheme that best suits you. Although if you are a new investor, then it is advised that before making the final decision, consult your financial advisor to know that if the above schemes suit your risk profile. And, to get the best benefit from the above schemes, it is advised that you stay invested for at least 5-7 years.

Note: Have any doubt regarding mutual fund schemes - regular plans? Submit them in the form provided below.

Must Read:

We will call you on the specified preferred time