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Top funds 3Y Return 5Y Return
ICICI Prudential Bluechip Fund (G) 15.69% 14.72% Invest
Invesco India Mid Cap Fund (G) 15.23% 20.23% Invest
HDFC Small Cap Fund (G) 21.28% 19.89% Invest
Mirae Asset India Equity Fund (G) 18.43% 18.84% Invest
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Jan 03, 2019 9 min read

Top Mutual Funds to Invest in January 2019

Read to know about the top mutual fund schemes in which you can invest in January

Another year has passed and we have entered a new one with a hope to spend this year even better than the previous one. New resolutions are being made and new stuff is being bought to give a great start to the year. So, today, we have come up with the top mutual fund schemes in which you can invest in January 2019 to give a great start to your financial journey.

As you may know that 2018 was not a good year for the equity schemes as due to continued volatility in the market a large number of mutual fund schemes showed negativity in returns. But, 2019 is predicted to be a year of growth and a recovery is expected in the market. So, below are 4 equity schemes from which you can make a choice as per your preferences.


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ICICI Prudential Bluechip Fund (G)

Basic Information
Category Equity: Large Cap
Benchmark NIFTY 100 TRI
Launch Date 23-Mar-08
Asset Size Rs. 19,458 crore (As on Nov 30, 2018)
Fund Managers Mr. Anish Tawalkey and Mr. Rajat Chandak
Expense Ratio 1.96% (As on Nov 30, 2018)
Minimum investment Rs. 100
Minimum SIP Rs. 100
Return Since Inception 13.97%
Exit Load 1% for redemption before 365 days

In the mutual fund market, there are s usually of 4 quality of schemes, which are bad, average, best and best among the best. ICICI Prudential Bluechip Fund falls in the 4th category i.e., best among the best. Over the years, this scheme has provided a performance that has made it one of the most preferred choices in the large-cap category. Have a look at the returns it has provided in the past.

NameReturns (As on Jan 02, 2018)
3 Years5 Years7 Years10 Years
ICICI Prudential Bluechip Fund (G) 11.81% 14.83% 15.68% 18.55%
Benchmark 12.28% 13.91% 15.24% 15.80%
Category 10.83% 13.05% 14.10% 14.39%

As you can see that in all the past return cycles, the scheme has excelled by providing a spectacular performance. The credit for these returns goes to the blend of growth and value investing followed by the fund, which helps it in providing a high growth while maintaining the stability. The scheme has a very high allocation in the finance sector (30.3%), the top holdings from which are ICICI Bank, HDFC Bank, HDFC and, Axis Bank, all of which are showing great growth possibilities. These will help the fund in providing great growth in the coming years.

This scheme is best for investors who have a moderate risk appetite and an objective of long term capital appreciation.

Invesco India Mid Cap Fund (G)

Basic Information
Category Equity: Mid Cap
Benchmark NIFTY Midcap 100 TRI
Launch Date 19-Apr-07
Asset Size Rs. 245 crore (As on Nov 30, 2018)
Fund Managers Mr. Neelesh Dhamnaskar and Mr. Pranav Gokhale
Expense Ratio 2.69% (As on Nov30, 2018)
Minimum investment Rs. 5000
Minimum SIP Rs. 500
Return Since Inception 14.30%
Exit Load 1% for redemption before 365 days

Invesco India Mid Cap Fund has always been among the top performers of the mid cap category even though the asset size seems not that big. If you are aware of the small cap and mid cap correction in the past 1 year, then you also know the effect that it put on the mid cap schemes. Here too, this scheme has managed to cap the losses better than the benchmark and category.

NameReturns (As on Jan 02, 2018)
3 Years5 Years7 Years10 Years
Invesco India Mid Cap Fund (G) 10.74% 21.13% 21.39% 23.21%
Benchmark 10.53% 18.70% 17.89% 17.83%
Category 9.04% 19.92% 20.73% 20.81%

If you look at the returns, then it can be seen that the scheme has been ahead of the benchmark & category at every instance and the longer the investment tenure, the higher is the difference in returns. The top 3 sectors of Invesco India Mid Cap Fund are finance, healthcare, and engineering, all of which are predicted to show great growth in 2019. Overall, the mid cap stocks have also been showing a great performance since the start of 2019 and are expected to show a similar performance. All this will help the fund in showing great growth in the future.

A great option for investors who have a moderately high risk appetite and an investment horizon of minimum 7 years.

HDFC Small Cap Fund

Basic Information
Category Equity: Small Cap
Benchmark NIFTY Smallcap 100 TRI
Launch Date 3-Apr-08
Asset Size Rs. 5,672 crore (As on Nov 30, 2018)
Fund Managers Mr. Chirag Setalvad
Expense Ratio 2.16% (As on Nov 30, 2018)
Minimum investment Rs. 5000
Minimum SIP Rs. 500
Return Since Inception 14.40%
Exit Load 1% for redemption before 365 days

HDFC Small Cap Fund is yet another fund that showed a great performance during the mid cap and small cap correction phase. From the start, this small cap scheme has been a stable performer and has shown fewer fluctuations in comparison to the benchmark and the category. Have a look at the returns to see the difference.

NameReturns (As on Jan 02, 2018)
3 Years5 Years7 Years10 Years
HDFC Small Cap Fund (G) 15.61% 20.52% 19.87% 20.31%
Benchmark 5.19% 15.00% 14.41% -
Category 8.91% 21.61% 20.64% 19.67%

With the help of the above table, it can be seen how big is the margin between the returns of the scheme, benchmark, and the category. The reason behind this spectacular performance is the diversified style of investing and high exposure to debt instruments & money market instruments (14.97%). The top 3 sectors this fund has invested in are services, chemicals, and engineering from which chemicals and engineering are expected to show great growth in 2019, whereas investment in services segment will be good for a long term growth.

HDFC Small Cap Fund is good for investors who have a moderately high risk appetite and an investment horizon of at least 7 years.

Mirae Asset India Equity Fund

Basic Information
Category Equity: Multi Cap
Benchmark S&P BSE 200 TRI
Launch Date 4-Apr-08
Asset Size Rs. 9,697 crore (As on Nov 30, 2018)
Fund Managers Mr. Harshad Borawake and Mr. Neelesh Surana
Expense Ratio 2.02% (As on Nov 30, 2018)
Minimum investment Rs. 5000
Minimum SIP Rs. 1000
Return Since Inception 15.65%
Exit Load 1% for redemption before 365 days

Multi Cap Funds are evergreen schemes and the reason behind that is the flexibility in investment. These schemes follow the objective of providing long term capital appreciation by investing across the market cap. The allocation in different market caps can be changed according to the equity market behavior and Mirae Asset India Equity Fund has excelled in this strategy. Due to the continued volatility of 2018, the scheme has increased the allocation in the large caps, to provide stable and positive returns. Have a look at the returns table to see how it has performed in the long term.

NameReturns (As on Jan 02, 2018)
3 Years5 Years7 Years10 Years
Mirae Asset India Equity Fund (G) 13.69% 18.87% 19.14% 21.12%
Benchmark 12.08% 14.33% 15.37% 15.56%
Category 9.85% 15.80% 16.09% 16.87%

This scheme too has managed to outperform the benchmark and category average which is the proof of the optimal management strategies of the fund managers. As for the future growth, Mirae Asset India Equity Fund has focused a large part of investments on the finance sector (33.90%) and holds a huge allocation in top banking stocks such as HDFC Bank, ICICI Bank, and Axis Bank, which will play a big role in the future growth.

A great choice for investors with moderate risk appetite and an investment horizon of 5 years and more.

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

These were the mutual fund schemes that you can invest in 2019 for great future growth. Now, there are two ways that you can invest in these schemes. First is to select a single fund and then start investing in that or you can select multiple schemes from the above list and can create a diversified portfolio. Also, if you want to start investing, this is the right time as due to 2018 volatility all the above mutual funds are available at discounted prices. So, don’t waste any more time and start your investments now to give a great start to the year 2019.

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