Top 15 Best Mutual Funds SIP to invest in India in 2018

Top 15 Best Mutual Funds SIP to invest in India in 2018Top 15 Best Mutual Funds SIP to invest in India in 2018


Mutual Funds reclassification is completed now. There are several mutual fund schemes that are renamed. Some mutual funds are moved from one category to another. Stock markets are volatile, however not seen any major crash in blue chip stocks. However, Midcap and small cap mutual funds have shown lower returns in the last 6 months to 1 year. Investors are in little dilemma which are the top and best Mutual Funds SIP to invest in India in 2018. If you are one among such investor, this article is for you. We have picked up some of the top mutual funds to invest through SIP in 2018 in large cap, Midcap, small cap, multi cap and balanced fund category after the reclassification of mutual fund schemes.

Also Read: Best Performing Mutual Funds to invest in IT and FMCG

Top 15 Best Mutual Funds SIP to invest in India in 2018


These Top 15 mutual funds are picked-up based on some of the important parameters indicated here.

1) These funds are picked up based on highest returns received in the last 1,3 and 5 years.

2) Since markets have reached the peak and volatile too, we have considered 3 months returns also while ranking these funds.

3) Mutual Fund Schemes that are rated by Crisil as Rank-1, Rank-2 and Rank-3 are given preference as they indicate good fundamentals.

4) Value research Online (VRO) rated these SIP mutual funds as 5 star, 4 star and 3 star.

5) Funds has been further filtered based on AUM (Assets under management) > 500 Crores. This proves investor confidence among these mutual funds.

6) Direct Plans are excluded from such list.

3 Best Large Cap Mutual Funds SIP to invest in India in 2018


Top#1 – Mirae Asset India Equity Fund

Fund Objective: The mutual fund scheme aims to maximize long term capital appreciation by finding investment opportunities resulting from Indian economic growth and its structural shifts through investing in equity and equity related securities.

Fund Performance: This fund has provided 20% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 92,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 2.5 Lakhs.

Why to invest: Fund outperformed compared to its peers, making this as a unique mutual fund scheme. Crisil ranked as Rank-2 and value research online as 5-Star.  This is one of the best large cap mutual fund to invest in India.

Top#2 – UTI Equity Fund

Fund Objective: The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum.

Fund Performance: This fund has provided 17% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 90,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 2.1 Lakhs.

Why to invest: Even this fund outperformed compared to other large cap mutual funds. Crisil ranked as Rank-3 and value research online as 3-Star. This is one of the top large cap mutual fund to invest in 2018.

Top#3 – Aditya Birla Sun Life Frontline Equity Fund

Fund Objective:  The Scheme aims to generate long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and or sectors as its chosen benchmark index.

Fund Performance: This fund has provided 16% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 85,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 2.1 Lakhs.

Why to invest: This is the 3rd fund that has outperformed among the large cap funds. Crisil ranked as Rank-4 and value research online as 4-Star.

You may like: Best Largecap Mutual Funds to invest in 2018

3 Best Mid Cap Mutual Funds SIP to invest in India in 2018


Here are some recommendations in this category. These are already part of Top 5 Mutual Funds recommended by us earlier from in this category.

Top#4 – Canara Robeco Emerging Equities Fund

Fund Objective: The scheme seeks to generate capital appreciation by investing in a diversified portfolio of large and mid-cap stocks.

Fund Performance: This fund has provided 30% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 112,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 3.7 Lakhs.

Why to invest: This fund has outperformed among Midcap funds. Crisil ranked as Rank-3 and value research online as 4-Star. This is one of the best mid cap mutual fund to invest in India in 2018.

Top#5 – Aditya Birla Sun Life Pure Value Fund

Fund Objective: The scheme seeks to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy i.e buying into stocks that are trading for less than their intrinsic value – stocks that the market is undervaluing.

Fund Performance: This fund has provided 29% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 107,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 3.6 Lakhs.

Why to invest: This fund too has outperformed among Midcap funds. Crisil ranked as Rank-2 and value research online as 4-Star. This is one of the good mid cap mutual fund to invest in India.

Top#6 – L&T Midcap fund

Fund Objective: To generate capital appreciation by investing primarily in mid cap stocks. The Scheme will invest primarily in companies whose market capitalization falls between the highest and the lowest constituent of the Nifty Free Float Midcap 100 Index.

Fund Performance: This fund has provided 29% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 111,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 3.5 Lakhs.

Why to invest: This is the 3rd mid cap fund that outperformed among these mid cap funds. Crisil ranked as Rank-2 and value research online as 5-Star.

3 Best Small Cap Mutual Funds SIP to invest in India in 2018


Top#7 – Reliance Small Cap Fund

Fund Objective:  The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies.

Fund Performance: This fund has provided 35% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 125,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 4.5 Lakhs.

Why to invest: This fund has outperformed among small cap funds. Crisil ranked as Rank-1 and value research online as 4-Star. This is one of the best Small cap mutual fund to invest in India.

Top#8 – SBI Small Cap Fund

Fund Objective: The scheme seeks to provide investors with opportunities for long-term growth in the capital along with the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of small cap companies.

Fund Performance: This fund has provided 35% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 131,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 4.4 Lakhs.

Why to invest: This fund too has outperformed among small cap funds, making it as a Top Small Cap fund. Value research online as 5-Star.

Top#9 – Franklin India Smaller Cos fund

Fund Objective:  The scheme aims to provide long-term capital appreciation by investing in mid and small cap companies. Normally, it would invest at least 75 per cent of its assets in smaller companies.

Fund Performance: This fund has provided 29% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 105,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 3.6 Lakhs.

Why to invest: This fund too outperformed among small cap funds, making it as a unique Small Cap fund. Crisil ranked as Rank-3 and value research online as 4-Star.

3 Best Diversified Multicap Mutual Funds SIP to invest in India in 2018


Top#10– Tata Equity PE Fund

Fund Objective:  This mutual fund aims provide capital appreciation by investing 70% in stocks having a trailing P/E ratio less than that of the BSE Sensex.

Fund Performance: This fund has provided 24% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 102,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 2.9 Lakhs.

Why to invest: This fund has outperformed among diversified mutual funds. Crisil ranked as Rank-1 and value research online as 5-Star.

Top#11– Invesco India Contra Fund

Fund Objective: The scheme seeks to generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.

Fund Performance: This fund has provided 24% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 100,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 2.9 Lakhs.

Why to invest: This fund too outperformed among diversified mutual funds in terms of performance. Crisil ranked as Rank-2 and value research online as 5-Star. This is one of the best diversified mutual fund to invest in India.

Top#12– Principal Multicap Growth Fund

Fund Objective: The fund seeks to achieve long-term capital appreciation through investment primarily in equities. With professional management and diversification provided the AMC, the risk will be considerably lower.

Fund Performance: This fund has provided 21% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 95,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 2.6 Lakhs.

Why to invest: Crisil ranked as Rank-1 and value research online as 5-Star. This fund has outperformed by giving 21% annualized returns among the category. This is one of the best diversified mutual fund to invest in 2018.

You may like: 10 Best Diversified Mutual Fund Schemes for 2018

3 Best Balanced Hybrid Mutual Funds to invest through SIP in 2018


Top#13– HDFC Balanced Fund

Fund Objective: The mutual fund scheme seeks to generate capital appreciation with current income from a combined portfolio of equity and debt instruments.

Fund Performance: This fund has provided 19% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 90,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 2.4 Lakhs.

Why to invest: This fund has outperformed among making it as top balanced mutual fund. Crisil ranked as Rank-1 and value research online as 4-Star. This is one of the best balanced mutual fund to invest in India.

Top#14– L&T Hybrid Equity Fund

Fund Objective: The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments to help generating funds in the long term to save for the cost of children's education.

Fund Performance: This fund has provided 18% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 87,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 2.3 Lakhs.

Why to invest: This fund too has outperformed among its peers in this category. Value research online as 4-Star. This is one of the best balanced mutual fund to invest in 2018.

Top#15– ICICI Pru Equity and Debt Fund (Erstwhile ICICI Balanced Fund)

Fund Objective: The scheme seeks to generate long-term capital appreciation and current income by investing in a portfolio that is invested in equities and related securities as well as fixed income and money market securities. The approximate allocation to equity would be in the range of 60-80 per cent with a minimum of 51 per cent, and the approximate debt allocation is 40-49 per cent, with a minimum of 20 per cent.

Fund Performance: This fund has provided 17% annualized returns in last 5 years. If one would have invested Rs 1,000 per month through SIP for 5 years, the total investment would have been Rs 60,000 and investment value would have grown to Rs 87,000.  If one would have invested Rs 1 Lakh lump sum 5 years back, the amount would have now grown to Rs 2.2 Lakhs.

Why to invest: This fund has outperformed in the last 5 years compared to its peers. Crisil ranked as Rank-2 and value research online as 4-Star.

Also Read: Top 10 Sector Mutual Funds to invest in India

Summary of these Top 15 Best Mutual Funds SIP to invest in India in 2018


Performance of Top 15 Best SIP Mutual Funds to invest in 2018

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Suresh

Top 15 Best Mutual Funds SIP to invest in India in 2018

74 comments

  • Umesh Kumar

    Dear Suresh Sir,

    I have invested in the below funds last year in monthly SIP. I am 35 years old and would like to make corpus of at least80 lakhs in 10 years.

    Most of the funds except Axis long term equity all funds are showing negative SIP returns. Have I invested in the good funds and when to seriously look to change/switch funds.

    Axis Mutual Funds – 5000
    DSP BlackRock Focus 25 Fund – Direct Plan – Growth- 3000
    Birla Sunlife Mutual Fund – 6000
    Mirae Asset Emerging Bluechip Fund – 5000
    Franklin Tempelton India – 2000
    L&T India Value Fund – 3000
    Principal Emerging Blue Chip Fund – 2000
    HDFC Balance Fund – 2000
    Franklin India Savings Plus Fund Retail Option -4000

    Looking forward to your valuable reply

    • Hi Umesh, some of the fund names indicated by you are only mutual fund house name, you need to indicate complete name so that I can guide you. 

      • Umesh Kumar

        Dear Suresh Sir,

        Apologies, I missed fund names in the previous query. Please find the below:

        Axis Long term equity (tax saving)– 5000
        DSP BlackRock Focus 25 Fund – Direct Plan – Growth- 3000
        Birla Sunlife Frontline equity Mutual Fund – 6000
        Mirae Asset Emerging Bluechip Fund – 5000
        Franklin Tempelton India smaller companies – 2000
        L&T India Value Fund – 3000
        Principal Emerging Blue Chip Fund – 2000
        HDFC Balance Fund – 2000
        Franklin India Savings Plus Fund Retail Option ( Debt)-4000

        All are direct growth plans which are about 10 to 12 months old. Recently all the funds except Axis are showing negative SIP% returns. I am worried and let me know when to seriously look for switching to other funds.

        Looking forward to your quick reply.

        Regards,
        Umesh Kumar

        • Hi Umesh, The funds which you are investing are good. However due to markets being down in some of the midcap/small cap stocks, you are seeing negative or low returns. Continue to invest as you should not be worrying about short term fluctutations.

  • Goutam Mahata

    Sir, I have these funds in my fortfolio. and plan to invest for more than 15 years .
    1. SBI Blue Chip Direct(G): Rs 1000.00
    2.Motilal Oswal Multicap 35 Direct(G):Rs 1500.00
    3.Mirae Asset Emerging Bluechip Direct (G):1000.00
    4.SBI Small Cap Direct (G) :Rs1000.00

    Should I continue with these funds …. or change something pls reply sir.

  • Janardan

    Hi

    Sureshji,

    I am having a SIP in BNP Paribas Mid Cap Fund(G) since two years.Kindly suggest for continuing the same or better aternative in the same line.

    Regards
    Janardan
    Janardan

  • santosh

    Hi Sureshji,

    I have stayed invested in the below funds for past few years..
    Is it worth continuing with these or should i remove them.

    UTI OPPORTUNITIES FUND GROWTH
    Mirae Asset Emerging Bluechip Fund – Regular Plan Growth Option
    RELIANCE PHARMA FUND – GROWTH PLAN – GROWTH OPTION
    SBI HEALTHCARE OPPORTUNITIES FUND REGULAR GROWTH
    UTI-TRANSPORTATION AND LOGISTIC SECTOR – GROWTH PLAN

    Awaiting quick response..

    rgds
    Santosh

    • Good funds. However fnd you invested are sector funds and midcap funds. These are high risk. You should invest in balanced portfolio of diversified funds and sector funds. You may add some funds in largecap/diversified segment too

  • Prashanth

    Hi Suresh Ji,

    How are you doing?

    I am investing in Mirae Asset Emerging Bluechip Fund – Direct Plan – Growth, could you please tell me your view on this. It is negative over the months now

    Thanks,
    Prashanth

    • Hi Prashant, Midcap and smallcap stocks has been taking correction for the past few months, hence you are seeing that your midcap fund showing negative returns. This is an opportunity to invest more now. Don’t worry about short term fluctuations, you need to see this from medium to long term perspective

      • Prashanth

        Alright I will stay invested, thanks for your quick response

      • Umesh Kumar

        Dear Suresh,

        Please clarify ” This is an opportunity to invest more now”. Does this mean to buy lump sum or SIP during negative returns period. If yes, which one to prefer SIP or lump sum. Also I have one more query, is CAGR and SIP return% are same? and how is it different from absolute return. Many thanks in advance

        Looking forward to your quick response.

        • Hi Umesh, What I meant is now midcap/smallcap stocks are taking beating, hence you can invest some money in those funds. You can invest more through SIP, but even if you are some lumpsum money, you can invest them now.

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