In the last two years, there have been certain trends that have given direction to mutual fund schemes. It can be reclassified to SEBI of mutual fund schemes, named the decline in midcap and Smallcap funds. Mutual funds through SIPs have always rewarded investors in the medium to long term despite many such changes. There are many benefits of investing through SIP in mutual fund schemes. In this post we are going to cover the best mutul funds next 10 years.
Mirae Asset Large Cap Fund – Growth
If you were to invest Rs 10,000 every month in the Mirae Asset Large Cap Fund for the last three years, then you would have created a fund close to Rs 4.1 lakh. It is a large-cap fund with a 5-star rating from Value Research Online. People willing to invest in this fund for the next 10 years can build a good corpus. One needs to pay a minimum of 6 and you can invest a minimum of Rs 1,000 every month through this SIP. The fund has very good quality stocks in its portfolio, which includes HDFC Bank, ICICI Bank and Reliance Industries. It is a large cap fund.
ICICI Prudential Bluechip Equity Fund
ICICI Prudential Bluechip Fund has a strong record of strong performance. It has beaten its benchmark NIFTY 100 TRI since inception. Major sectors and big names such as ICICI Bank, HDFC Ltd., HDFC Bank Ltd., ITC Ltd., Infosys, Motherson Sumi Systems Ltd. With a special focus on ADI, this fund provides ample opportunities for appreciation of capital in key areas that it appreciates. Development (Financial, Auto, IT, Consumer Goods). The minimum SIP amount in the fund is as low as INR 100. Therefore, the fund is suitable for all types of retail investors.
Tata Midcap Growth fund – Regular Plan
We want to inform the readers that this is a midcap fund and hence the risk is much higher than a largecap fund. The Tata Midcap Growth Fund Regular Plan has generated a 1-year return of 10.16 percent and is rated well as 5-star by CRISIL. It is important to note that the fund is about 61% in midcap stocks and around 18% in small cap stocks. One can start a SIP with a small amount of Rs 5,000 at the initial time of investment and then invest Rs 1,000 every month. One can start a SIP with a small amount of Rs 5,000 at the initial time of investment and then invest Rs 1,000 every month.
UTI Equity Fund – Growth
It is also a multi-cap fund, which enables investors to take moderate risk while investing. The fund has given a 1-year redemption of 13.92 per cent. If you had to invest in this fund about 12 months ago through a SIP of Rs 1,000, then it would have increased to Rs 13,165. The fund has a good portfolio which includes names like Asian Paints, HDFC Bank, Bajaj Finance and ICICI Lombard. CRISIL has given the fund a 5-star rating.