Top 15 Mutual Funds that gave highest returns in 2016
Mutual funds have been providing good returns in medium to long run. After demonetization, many large cap stocks fell more than 10%. Some of the mid-cap/small cap stocks lost more than 30%. However, mutual fund schemes were able to manage the crisis during demonetization to some extent. Some of the diversified mutual funds still manage to get 24% returns in 2016. I am listing Top 15 Mutual funds that gave highest returns in 2016. I would also give my views whether these are good for medium to long term perspective.
How I picked up Top 15 Mutual Funds that gave highest returns in 2016
These mutual fund schemes are picked based on below parameters:
Highest returns given in 2016 alone i.e. returns during 1-Jan-16 to 9-Dec-2016.
Considered 4 top mutual funds each from large cap, midcap/small cap and diversified segment. I have also considered 3 MF schemes from balanced funds category.
Direct plans are not considered.
Funds, where AUM is low are not considered.
Also Read: Best Performing Mutual Funds to invest in 2017 for long term
Top 15 Mutual Funds that gave highest returns in 2016
Top Performers in Largecap mutual funds segment
Top # 1 – ICICI Pru Top 100 Fund
ICICI Pru Top 100 mutual fund invests in large cap stocks. This fund has managed well and able to deliver superior returns in large cap segment. It gave 17% returns in 2016. This fund gave 11% returns in last 6 months.
Our view: This is one of the good mutual funds recommended by us as part of best mutual funds for 2017. It is able to deliver good returns in medium to long term. It gave 16% annualized returns in last 5 years. Crisil Ranks as Rank-2. Investors should invest in such top mutual funds.
Top # 2 – Kotak Select Focus Fund
Kotak Select focus fund is another fund which was able to delivery good returns in 2016 in large cap segment. It gave 12.5% returns in 2016. It manage well in last 6 months and able to deliver 6% returns.
Our view: This is one of the best mutual funds recommended by us as part of mutual funds for 2017. Even this too is able to deliver good returns in medium to long term. It gave 19% annualized returns in last 5 years. Crisil Ranks as Rank-1. Investors should invest in such mutual funds to create wealth in long term.
Top # 3 – HSBC Equity Fund
While this fund was not part of top large cap funds all along, it gave highest returns of 11% in last 1 year. However, it gave just 2% returns in last 6 months.
Our view: This fund managed well in last 1 year. However, it is not consistent performer. It gave just 2% returns in last 6 months and 11% annualized returns in last 5 years. Crisil Ranks as Rank-4. Investors can avoid such inconsistent performers as of now.
Top # 4 – Birla SL Frontline Equity Fund
This is another mutual fund scheme in large cap segment which is able to manage well and gave 12% returns in 2016. However, even this too gave low returns of 3% in last 6 months.
Our view: This is one of the mutual funds recommended by us as part of best mutual funds for 2017. It is able to deliver good returns in medium to long term. It gave 17% annualized returns in last 5 years. Crisil Ranks as Rank-1. Investors can continue to invest in such good mutual funds.
Also Read: Best Tax Saving Mutual Funds in India for 2017
Top Performers in Midcap/Small cap mutual funds segment
Top # 5 – DSP Micro Cap Fund
DSP Microcap mutual fund continues to top in midcap / small cap mutual fund segment. It gave 19% returns in 2016. It even managed to get 10% returns in last 6 months.
Our view: This is one of the best mutual funds recommended by us as part of top midcap mutual funds for 2017. It is able to deliver good returns in medium to long term. It gave 30% annualized returns in last 5 years. Crisil Ranks as Rank-1. Investors should invest in such good mutual funds to get higher returns in medium to long term perspective.
Top # 6 – Mirae Emerging Blue Chip Fund
Mirae Emerging Blue chip mutual fund is another MF scheme that continues to top in midcap mutual fund segment. It gave 18% returns in 2016. It even managed to get 11% returns in last 6 months.
Our view: This is one of the mutual funds recommended by us as part of mutual funds article for 2017. It is able to deliver good returns in medium to long term. It gave 30% annualized returns in last 5 years. Crisil Ranks as Rank-1. Investors should invest in such top mutual funds to get higher returns in medium to long term perspective.
Top # 7 – HDFC Midcap Opps fund
HDFC midcap fund identifies opportunities in midcap segment. It managed well and gave 17% returns in 2016. It even managed to get 12% returns in last 6 months.
Our view: This is one of the good mutual funds recommended by us as part of top mutual funds for 2016. It is able to deliver good returns in medium to long term. It gave 25% annualized returns in last 5 years. Crisil Ranks as Rank-3. Investors can invest in such mutual funds to get higher returns in medium to long term perspective. One can invest now when markets are falling.
Top # 8 – Franklin India Smaller Companies Fund
This fund identifies opportunities in small cap stocks that have enormous opportunities. It gave 16% returns in 2016. It even managed to get 6% returns in last 6 months.
Our view: This is one of the nice mutual funds recommended by us as part of top mutual funds for 2017. It is able to deliver good returns in medium to long term. It gave 30% annualized returns in last 5 years. Crisil Ranks as Rank-1. Investors should invest in such good mutual funds to get higher returns in medium to long term perspective.
You can read complete review about some of the top midcap and smallcap mutual funds to invest in 2017
Top Performing mutual funds in Diversified segment
Top # 9 – Tata Equity P/E Fund
One of the funds that gave highest returns in diversified segment is Tata Equity P/E fund. It gave 24% returns in 2016. It even managed to get 15% returns in last 6 months.
Our view: This is one of the consistent performers in diversified segment. It is able to deliver good returns in medium to long term. It gave 20% annualized returns in last 5 years. Crisil Ranks as Rank-2. Investors can invest small amount of their investment in such diversified funds.
Top # 10 – Birla SL Equity Fund
Another fund that gave highest returns in diversified segment is Birla SL Equity fund. It gave 23% returns in 2016. It even managed to get 13% returns in last 6 months.
Our view: This is another consistent performer in diversified segment. It is able to deliver good returns in medium to long term. It gave 21% annualized returns in last 5 years. Crisil Ranks as Rank-1. Investors can invest small amount of their investment in such diversified funds.
Top # 11 – Principal Emerging Equity Fund
3rd fund that gave highest returns in 2016 diversified segment is Principal Emerging Equity fund. It gave 23% returns in 2016. It even managed to get 11% returns in last 6 months.
Our view: This is another consistent performing fund in diversified segment. This is part of our top funds recommended for 2017. It is able to deliver good returns in medium to long term. It gave 27% annualized returns in last 5 years. Crisil Ranks as Rank-1. Investors can invest good amount of their investment in such diversified funds.
Top # 12 – Quantum Long Term Equity Fund
This is another fund which was able to deliver good returns in last 1 year. It gave 20% returns in 2016. It even managed to get 8% returns in last 6 months.
Our view: This is one of the consistent performers in diversified segment. It is able to deliver good returns in medium to long term. It gave 17.5% annualized returns in last 5 years. Crisil Ranks as Rank-2. Investors can invest some amount of their investment in such diversified funds.
Top Performers in Balanced mutual funds segment
Top # 13 – ICICI Balanced fund
This fund invests upto 65% in equity and balance in debt instruments. It gave 18% returns in 2016. It even managed to get 12% returns in last 6 months.
Our view: This is one of the consistent performers in balanced fund category which is recommended by us in top funds of 2017. It is able to deliver superior returns in medium to long term. It gave 19% annualized returns in last 5 years. Crisil Ranks as Rank-3. Moderate to low risk investors should invest in such funds for long term perspective.
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Top # 14 – HDFC Prudence Fund
Even this is balanced fund invests upto 65% in equity and balance in debt instruments. It gave 16% returns in 2016. It even managed to get 12% returns in last 6 months.
Our view: This is another consistent performer in balanced fund category. It is able to deliver superior returns in medium to long term. It gave 20% annualized returns in last 5 years. Crisil Ranks as Rank-3. Moderate to low risk investors should invest in such funds for long term perspective.
Top # 15 – HDFC Balanced fund
This is another hybrid fund that invests upto 65% in equity and balance in debt instruments. It gave 15% returns in 2016. It even managed to get 8% returns in last 6 months.
Our view: This is one of the consistent performers in hybrid fund category which is recommended by us in top funds of 2017. It is able to deliver superior returns in medium to long term. It gave 18% annualized returns in last 5 years. Crisil Ranks as Rank-2. Moderate to low risk investors should invest in such funds for long term perspective.
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Suresh
Top 15 Mutual Funds that gave highest returns in 2016-2017
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17 comments
Add a comment ↓In addition, Every month the SIP amount is 5000/- for each funds.
Hi Suresh,
Thanks for your Article! Very informative & useful.
I am 34 years old. I have choosed the following funds…Can you suggest whether this is the good asset allocation or need to change it.
Franklin India smaller cmpanies
DSP BR Micro cab
Franklin India Prima Plus
ICICI Pru value discovery
Mirae Asset Emerging Blue Chip
Thanks,
Siva, Chennai.
Can you please answer my query in the post on 21 dec
i am 22 years old and would like to start investing in mutual funds ,currrently i have 40k to invest ,where should i invest in equity/ balaanced/debt for 2-3 years
Hello Mr. Suresh,
I regularly follow your post. I am 20 years old and i want to start an SIP which i want for 5 years. I am searching for lots of company SIP plans but have an confusion that which plan is better for me. Can you please suggest me what point should i consider for investment in SIP or which plan is better for me ??
please suggest some point so that i am able to choose a right plan for me.\
Regards,
Sonal
Hi Sonal, Good to hear that at your young age you are planning to save money and invest wisely. Sincfe Mutual funds should be invested for 8-10 years to get good returns. Since you wanted to invest in 5 years, you can try for balanced funds like ICICI Balanced fund or HDFC balanced fund.
HI Suresh
I have been following your blog from past 2 years and found it very helpful. I am investing in following funds (18k per month) through SIP. I have started these SIPs this year but at different times
Franklin INdia Smaller companies : 5k per month
DSP black rock micro cap: 1k per month
mirae asset emerging bluechip: 2k per month
principal emerginf bluechip :2k per month
sbi midcap: 1 k per month
Icici balanced: 1 k per month
Hdfc balanced: 1 k per month
sbi bluechip- 1 k per month
birla sunlife frontline equity: 2 k per month
uti logistics fund 1 k per month
I think i made it over diversified. According to you how many funds should be there in ones portfolio?