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Nippon India Large Cap Fund (G) 11.78% 8.27% Invest
Kotak Standard Multicap Fund (G) 12.94% 10.81% Invest
L&T Infrastructure Fund (G) 7.19% 8.11% Invest
SBI Banking & Financial Services Fund (G) 21.07% - Invest
L&T Midcap Fund (G) 8.21% 10.04% Invest
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May 24, 2019 7 min read

With BJP in Power, Here are the 5 Best Mutual Funds to Invest Right Now

Check the five best mutual funds to invest after the win of BJP.

Now, to get the most out of this rise, the best way is investing in mutual funds. By making investments you can get the growth from opportunities across the market. To enjoy this growth, there are a number of schemes in which one can invest, and among these 5 have been selected by the experts of MySIPonline, from which you can pick the one that best matches with your objective.

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SBI Banking & Financing Services Fund (G)

Basic Details
Category Equity: Sectoral Banking
Benchmark NIFTY Financial Services TRI
Launch Date 26-Feb-15
Asset Size Rs. 776 crore (As on Apr 30, 2019)
Expense Ratio 2.49% (As on Apr 30, 2019)
Minimum Investment Rs. 5000
Minimum SIP Rs. 500
Return Since Inception 15.88%
Exit Load 1% for redemption within 365 days

Finance is one of the most sought after sectors in 2019 because of the growth prospects it holds. The major finance companies have already shown a good rise and with BJP forming a government with a majority, an exceptional growth can be seen in the coming time as well. To experience this growth, the best way is to invest in SBI Banking & Financial Services Fund. The scheme invests in just 14 stocks, all of which are big players of the finance market. To maintain liquidity, 11.08% of the investments have also been allocated to the cash & cash equivalents. The stocks are picked across from market cap, and currently, the scheme has 72.57% investments in the large caps, 22.01% is in the mid caps and 5.41% is invested in small cap companies. The scheme is a perfect choice for investors who have a high risk appetite and have a preference for the finance sector.

L&T Infrastructure Fund (G)

Basic Details
Category Equity: Sectoral Infrastructure
Benchmark NIFTY Infrastructure TRI
Launch Date 27-Sep-07
Asset Size Rs. 1,868 crore (As on Apr 30, 2019)
Expense Ratio 2.18% (As on Apr 30, 2019)
Minimum Investment Rs. 5000
Minimum SIP Rs. 500
Return Since Inception 4.03%
Exit Load 1% for redemption within 365 days

One other sector that is expected to show good growth in the future is Infrastructure, as the BJP government has mentioned strong infrastructural growth in its manifesto. L&T Infrastructure Fund is a scheme that can be opted to gain the benefit from this growth. The scheme invests in the stocks of infrastructure related sectors which are construction, engineering, energy, metals, communication, and services. At present, the scheme is following a partially diversified style of investing and has 47 stocks in its portfolio. A multi cap approach is being followed for the market cap allocation and at present, the scheme has 37.41% investment is in large caps, 38.21% is in mid caps and 24.65% is in small cap companies. But, before investing one should remember that the scheme requires a timely exit and for that, you have to be aware of the behavior of the market. A great scheme for investors with high risk appetite.

Reliance Large Cap Fund (G)

Basic Details
Category Equity: Large Cap
Benchmark S&P BSE 100 TRI
Launch Date 08-Aug-07
Asset Size Rs. 12,772 crore (As on Apr 30, 2019)
Expense Ratio 1.94% (As on Apr 30, 2019)
Minimum Investment Rs. 5000
Minimum SIP Rs. 500
Return Since Inception 11.30%
Exit Load 1% for redemption within 365 days

Reliance Large Cap Fund is one of the most popular schemes of the large-cap category and has maintained a rating of 4-5 stars throughout its life. The scheme invests in the stocks of companies that rank 1-100 in the equity market in terms of market capitalization. The scheme follows a partially diversified style of investing and has investments in 48 stocks picked across from 12 sectors. In the sector allocation, the major investments are held by the finance sector (33.50%), and the other sectors that also holds major investments are engineering (11.54%), energy (9.60%), healthcare (9.48%), and construction (7.58%). With the top companies of each sector, the scheme is expected to grow exponentially in the coming years. A great scheme for investors with moderately high risk appetite and an investment horizon of 5 years and more.

L&T Midcap Fund (G)

Basic Details
Category Equity: Mid Cap
Benchmark NIFTY Midcap 100 TRI
Launch Date 09-Aug-04
Asset Size Rs. 4,503 crore (As on Apr 30, 2019)
Expense Ratio 2.10% (As on Apr 30, 2019)
Minimum Investment Rs. 5000
Minimum SIP Rs. 500
Return Since Inception 18.87%
Exit Load 1% for redemption within 365 days

L&T Midcap Fund is one of the schemes that have been showing great performance in different market phases. The scheme has provided investors with an exceptional growth by investing in the opportunities from the mid cap space. The scheme follows a diversified style of investing and at present has investments in 77 stocks picked from 14 sectors. The market cap allocation is mid cap oriented (80.44%), but a moderate allocation can also be seen in large caps (7.40%) and small caps (12.16%). Finance (23.01%) is the most preferred sector of this scheme too and the other top sectors are construction (14.84%), engineering (9.70%), services (8.98%), healthcare (8.91%), and chemicals (7.24%). This mid cap scheme of L&T Mutual Fund is a perfect choice for investors with a moderately high risk appetite and investment tenure of at least 5-7 years.

Kotak Standard Multi Cap Fund (G)

Basic Details
Category Equity: Multi Cap
Benchmark NIFTY 200 TRI
Launch Date 11-Sep-09
Asset Size Rs. 24,297 crore (As on Apr 30, 2019)
Expense Ratio 1.80% (As on Apr 30, 2019)
Minimum Investment Rs. 5000
Minimum SIP Rs. 500
Return Since Inception 14.04%
Exit Load 1% for redemption within 365 days

Kotak Standard Multi Cap Fund is a scheme which has been gaining extreme popularity by providing the investors a consistent growth and the same can be seen from its huge AUM. Being from the multi cap category, this scheme has the flexibility to invest across the market cap, but to make sure that investors can be provided with a stable growth it follows a large cap oriented style of investing strategy. As of now, it has 75.56% investments in the large caps, 23.14% in the mid caps, and 1.30% in the small cap companies. The sector allocation of this scheme too is finance (37.56%) oriented and the energy, construction, technology, and FMCG are among the sectors that hold a considerable allocation. An optimal choice for investors with moderate risk appetite and an investment tenure of 5 years or more.

These were the best mutual funds in which one can invest after the win of BJP in the 2019 Lok Sabha elections. One must remember that while choosing the scheme don’t just focus on the growth provided, also make sure that you check the investment style of the fund and the risk associated. If it matches with your own, then only make an investment. In case you need help with the selection, feel free to connect with the experts @ 9660032889.

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