Top 10 Best SIP Mutual Funds to invest in India in 2019

Top 10 Best SIP Mutual Funds to invest in India in 2019

Top 10 Best SIP Mutual Funds to invest in India in 2019Top 10 Best SIP Mutual Funds to invest in India in 2019


We would be in the new year in another one month. Stock Markets continue to be volatile. In this scenario you might be thinking Which is the Best Mutual Fund to invest in India now in 2019.  Mutual Funds are one of the best ways to save money through SIP every month. Like every year, we have filtered Top 10 Best Mutual Funds to invest in India through Systematic Investment Plan (SIP). Whatever the goal could be, an investor can invest in these diversified portfolio of Top 10 Mutual Funds in 2019.

Also read: Best Tax Saving Mutual Funds to invest in India in 2019

How we filtered Top 10 Best SIP Mutual Funds to invest in India in 2019?


We have filtered these Top 10 Mutual funds for 2019 based on some of these key parameters.

1) Mutual Fund schemes that have performed well in 3 years, 5 years and 10 years time frame.

2) Mutual Fund Schemes that have overcome losses in the last 1 year due to stock market volatility.

3) Funds that have good rating by Value Research Online

4) Funds that have good rating by Crisil.

5) Mutual Funds that have AUM of over Rs 100 Crores which gives confidence to investors.

Some of these mutual funds have not performed well in the last 1 year due to stock market volatility. You need to keep this aside as your goal is to invest for long term of 8-10 years and over.

Top 10 Best SIP Mutual Funds to invest in India in 2019


Now let us jump into these Best Mutual Funds to invest in India.

Top#1 – ICICI Pru Blue Chip Fund


What is its investment Strategy?

The MF aims to generate long term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity related securities of large cap companies.

How this Fund Performing now?

This mutual fund scheme gave 15% annualized returns in the last 5 years and 20% annualized returns in the last 10 years. If you would have invested Rs 5,000 per month through SIP for 5 years, the invested value would have been Rs 3 Lakhs (Rs 5,000 x 60 months) and the value of the fund would have grown to Rs 4 Lakhs.  Even if you would have invested Rs 1 Lakh lumpsum amount 5 years back, it would have grown to Rs 2.1 Lakhs.

Why to invest?

This is one of the consistent performing mutual fund schemes. Its long term performance in 10 years is amazing. With VRO rating as 4 Star and Crisil as Rank-2, this is one of the best performing mutual funds in India that can be invested through SIP for 10-20 year period.

Top#2 – Aditya Birla SL Frontline Equity Fund


What is its investment Strategy?

The mutual fund aims for long term growth, 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, Nifty 50. The secondary objective

How this Fund Performing now?

This mutual fund scheme gave 15% annualized returns in the last 5 years and 19% annualized returns in the last 10 years. If you would have invested Rs 5,000 per month through SIP for 5 years, the invested value would have been Rs 3 Lakhs (Rs 5,000 x 60 months) and the value of the fund would have grown to Rs 3.8 Lakhs.  Even if you would have invested Rs 1 Lakh lump sum amount 5 years back, it would have grown to Rs 2.1 Lakhs.

Why to invest?

Even this fund is a consistent performer in large cap mutual funds segment. Its long term performance in 10 years is also good. With VRO rating as 4 Star and Crisil as Rank-3, this is one of the best mutual funds in India to invest through SIP for the long term.

Top#3 – HDFC Top 100 Fund


What is its investment Strategy?

The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Large-Cap companies.

How this Fund Performing now?

This mutual fund scheme gave 15% annualized returns in the last 5 years and 19% annualized returns in the last 10 years. If you would have invested Rs 5,000 per month through SIP for 5 years, the invested value would have been Rs 3 Lakhs (Rs 5,000 x 60 months) and the value of the fund would have grown to Rs 4 Lakhs.  Even if you would have invested Rs 1 Lakh lump sum amount 5 years back, it would have grown to Rs 2.05 Lakhs.

Why to invest?

Erstwhile this fund was called as HDFC Top 200. This fund has been consist performer in various stock market cycles. Its long term performance is at best. With VRO rating as 3 Star and Crisil as Rank-2, this is one of the good mutual funds to invest through Systematic Investment Plan (SIP) for 2019.

Top#4 – HDFC Mid-cap Opportunities Fund


What is its investment Strategy?

The MF scheme objective is to provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies.

How this Fund Performing now?

This mutual fund scheme gave 22% annualized returns in the last 5 years and 24% annualized returns in the last 10 years. If you would have invested Rs 5,000 per month through SIP for 5 years, the invested value would have been Rs 3 Lakhs (Rs 5,000 x 60 months) and the value of the fund would have grown to Rs 4.05 Lakhs.  Even if you would have invested Rs 1 Lakh lump sum amount 5 years back, it would have grown to Rs 2.75 Lakhs.

Why to invest?

This fund has beaten all its peers and gave 24% annualized returns in the long run of 10 years across various market cycles. With VRO rating as 5 Star and Crisil as Rank-3, this is one of the top mid-cap mutual funds invest in India in 2019.

Top#5 – Reliance Small cap Fund


What is its investment Strategy?

The mutual fund aims to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies.

How this Fund Performing now?

This mutual fund scheme gave 14% annualized returns in the last 3 years and 30% annualized returns in the last 5 years. If you would have invested Rs 5,000 per month through SIP for 5 years, the invested value would have been Rs 3 Lakhs (Rs 5,000 x 60 months) and the value of the fund would have grown to Rs 4.65 Lakhs.  Even if you would have invested Rs 1 Lakh lump sum amount 5 years back, it would have grown to Rs 3.75 Lakhs.

Why to invest?

This mutual fund has 8 years of history. However, this fund has beaten all their peer mutual fund records and gave 30% annualized returns in the last 5 years even in difficult times.  With amazing annualised returns of 18% since inception, VRO rating of 5 Star, Crisil rating of Rank-3, this is one of the best mid-cap mutual funds to invest through SIP in India.

Top#6 – Mirae Asset Emerging Bluechip Fund


What is its investment Strategy?

This fund aims to generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of large cap and midcap companies at the time of investment.

How this Fund Performing now?

This mutual fund scheme gave 17% annualized returns in the last 3 years and 28% annualized returns in the last 5 years. If you would have invested Rs 5,000 per month through SIP for 5 years, the invested value would have been Rs 3 Lakhs (Rs 5,000 x 60 months) and the value of the fund would have grown to Rs 4.8 Lakhs.  Even if you would have invested Rs 1 Lakh lump sum amount 5 years back, it would have grown to Rs 3.5 Lakhs by now.

Why to invest?

Even this fund was launched 8 years ago. This fund has beaten its peer mutual funds and gave 28% annualized returns in the last 5 years. With 21% annualised returns since inception of the fund and with VRO 5 Star and Crisil Rank-2, this is one of the top largecap-midcap mutual funds to invest in India for medium to long term of 8 to 10 years.

Top#7 – Franklin India Focused Equity Fund


What is its investment Strategy?

The fund seeks to achieve capital appreciation by investing in Indian companies/sectors with high growth rates or potential.

How this Fund Performing now?

This mutual fund scheme gave 20% annualized returns in the last 5 years and 22% annualized returns in the last 10 years. If you would have invested Rs 5,000 per month through SIP for 5 years, the invested value would have been Rs 3 Lakhs (Rs 5,000 x 60 months) and the value of the fund would have grown to Rs 4 Lakhs.  Even if you would have invested Rs 1 Lakh lump sum amount 5 years back, it would have grown to Rs 2.5 Lakhs by now.

Why to invest?

This fund earlier was called as Franklin India High Growth Companies. It  is one of the consistent performing mutual fund that gave 22% annualized returns in the last 10 years. This proves the high level of confidence to investors that such funds can perform well in future too. With VRO rating as 3 Star and Crisil rating as Rank-4, this is one of the best diversified mutual funds to invest in India to invest for 8-10 year period.

Top#8 – Kotak Standard Multicap Fund


What is its investment Strategy?

This fund seeks to generate long term capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors.

How this Fund Performing now?

This mutual fund scheme gave 13% annualized returns in the last 3 years and 19% annualized returns in the last 5 years. If you would have invested Rs 5,000 per month through SIP for 5 years, the invested value would have been Rs 3 Lakhs (Rs 5,000 x 60 months) and the value of the fund would have grown to Rs 4.15 Lakhs.  Even if you would have invested Rs 1 Lakh lump sum amount 5 years back, it would have grown to Rs 2.4 Lakhs by now.

Why to invest?

This fund earlier was called as Kotak Select Focus Fund. It is 9 years old fund. It has shown good performance in the last 6-9 years and gave 14% annualized returns since inception. With VRO rating as 4 Star and Crisil rating as Rank-2, this is one of the top Multicap funds to invest for medium to long term period in 2019.

Top#9 – HDFC Hybrid Equity Fund


What is its investment Strategy?

The Scheme seeks to generate capital appreciation / income from a portfolio, predominantly of equity & equity related instruments.

How this Fund Performing now?

This mutual fund scheme gave 17% annualized returns in the last 5 years and 20% annualized returns in the last 10 years. If you would have invested Rs 5,000 per month through SIP for 5 years, the invested value would have been Rs 3 Lakhs (Rs 5,000 x 60 months) and the value of the fund would have grown to Rs 3.5 Lakhs.  Even if you would have invested Rs 1 Lakh lump sum amount 5 years back, it would have grown to Rs 2.2 Lakhs by now.

Why to invest?

This fund was formed by merging 2 funds, i.e. HDFC Balanced Fund + HDFC Premier Multicap fund. Both these funds have been performing well in the last 8-10 years. VRO rated this as 4 Star fund. This is one of the good balanced mutual funds to invest in India in 2019.

Top#10 – ICICI Prudential Equity & Debt Fund


What is its investment Strategy?

The fund aims to generate long-term capital appreciation and current income by investing in a portfolio that is investing 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% to 80% with a minimum of 51%, and the approximate debt allocation is 40% to 49%, with a minimum of 20%.

How this Fund Performing now?

This mutual fund scheme gave 17% annualized returns in the last 5 years and 18% annualized returns in the last 10 years. If you would have invested Rs 5,000 per month through SIP for 5 years, the invested value would have been Rs 3 Lakhs (Rs 5,000 x 60 months) and the value of the fund would have grown to Rs 4 Lakhs.  Even if you would have invested Rs 1 Lakh lump sum amount 5 years back, it would have grown to Rs 2.15 Lakhs by now.

Why to invest?

This fund has been performing well in the last 15-20 years. Since inception (20 years), it gave 14% annualized returns. VRO rated this as 4 Star and Crisil as Rank-2.  This is a unique balanced mutual fund to invest in India through SIP that has 20 year performance history.

Here is the summary of top 10 mutual funds for 2019


CategoryMutual Fund SchemeValue Research Rating
(Out of 5)
3mth1yr3yr5yr10 Yr
Large capICICI Pru Bluechip Fund4 Star-5.9%3.5%8.1%8.9%12.2%
Aditya Birla SL Frontline Equity Fund3 Star-6.8%2.9%5.1%8.1%11.1%
HDFC Top 100 Fund3 Star-10.7%3.4%7.5%7.6%10.5%
Mid-cap
Small-cap
HDFC Mid-cap Opportunities Fund4 Star-7.7%-0.9%2.4%9.4%16.3%
Nippon Small cap Fund5 Star-8.2%-5.7%5.8%10.7%-
Mirae Asset Emerging Bluechip Fund5 Star-5.3%10.9%10.1%15.7%-
MulticapFranklin India Focused Equity Fund4 Star-10.8%5.3%5.9%9.2%13.6%
Kotak Standard Multicap Fund5 Star-5.8%8.9%8.6%11.8%12.9%
HybridHDFC Hybrid Equity Fund4 Star-5.4%6.3%6.5%9.3%13.7%
ICICI Prudential Equity & Debt Fund4 Star-7.0%1.2%6.3%9.0%12.9%

Data source: Value Research Online as on 6th October, 2019

Who can invest in these Top 10 Mutual Funds?


These 10 mutual funds portfolios consist of 3 Large cap funds, 3 Midcap/small cap funds, 2 multi-cap funds and 2 balanced funds. Hence this portfolio is suitable for most of the investors who want to create wealth for child education, for accumulation of wealth, retirement plans, etc.,

1) One should note that while all mutual fund schemes carry risk, Midcap/small cap funds are high risk.

2) If you are a high risk investor, you can invest more %age of your portfolio in midcap/smallcap funds.

3) If you are a moderate risk taker, you can just go with this ideal portfolio.

4) If you are conservative investor, you can add more in large cap and balanced mutual funds segment and avoid Midcap/small cap funds.

Readers, what is your view about the article on best mutual funds to invest in India in 2019.

If you enjoyed this article, share it with your friends and colleagues through Facebook and Twitter.

Suresh

Top 10 Best SIP Mutual Funds to invest in India in 2019

97 thoughts on “Top 10 Best SIP Mutual Funds to invest in India in 2019”

  1. Iam invested in from last year in the funds you recommended last year 2018. Now should I exist from those funds and enter in these funds

    1. Hello Prashant, Except for couple of funds, our portfolio remained same. List down the funds which you are investing, I can provide the guidance. Indicate your risk appetite + how long you want to invest. Post SEBI recatgorization of mutual funds in May-2018, some funds needs to be reviewed based on your risk appetite and tenure of investment.

      1. Hello Suresh,

        1)ICICI bluechip fund 3k
        2)BSL front line equity 3k
        3)DS TAX saver 5k
        4)DSP Small cap fund 3k
        5)Franklin smaller companies 1k
        6)MIR Asset emerging bluchip 2k
        7)Franklin Prisma 2k
        8)kot standard multicap 4k
        9)Motilal most focused 35- 4k
        10)pparikh 3k

        At present I have monthly Sip of 27k.
        From this year I am planning to make it 35k per month.

        I know that I have more funds in my portfolio as most people suggest to keep the number of funds minimum, but I think it’s OK

        Can you please suggest me to exit from any of the above funds?
        Thanks

  2. Thank you for providing such a detailed article. I like how you have summarized all the information in a single article.

  3. Hi Suresh KP

    I am 32 years old and I am investing dis 11 funds for last 2 years… And supposed to invest till 60 years…. Kind suggest my selection or you may suggest any changes… I can take the high risk…. All are Direct Growth Plan….
    1. MA Emerging Bluechip
    2. CR Emerging Equities
    3. HDFC Mid-Cap Opportunities
    4. FI Prima
    5. K Emerging Equities
    6. SBI Magnum MidCap
    7. LT Emerging Business
    8. DSP Small Cap
    9. FI Smaller Companies
    10. LT Mid-Cap
    11. R Small Cap

    Want to add 5 Large Cap in near future…..

    1. Hello Anup. Funds invested by you are good. however you are investing in all midcap/small cap funds. If you see current market sceneario, all midcap/smallcap funds are down. You may face this situation during your retirement too. Hence you should diversify your portfolio. You should add some in largecap funds (which you are anyways plannnig to do), diverisfied and balance funds too. check the article and largecap recommendations are already there. You can invest in them.

  4. Hi Suresh,

    What if I do a one time investment in all of these for 2 Lac each and leave it for 15 or 30 years? Does your 15-15-15/30 rule (published in another article) would get applied?
    Please advise.

    1. Hemant, 15-15-15/30 rule is when you invest Rs 15K per month for 15 years/30 years would apply. Since you invested one time, you cannot compare such rule with your lumpsum investment. Since your time frame is 15-30 years, your lumpsum investment should be okay.

  5. Hi, I am investing in the following funds:

    1) Kotak emerging equity scheme – Growth – Rs. 1000
    2) L&T emerging businesses fund – regular plan – growth option – Rs. 2000
    3) SBI bluechip fund – regular plan growth – Rs. 1000
    4) Sundaram rural and consumption regular growth – Rs. 2000

    I am not satisfied with the 2nd fund especially, although other funds are not performing that good as well..I have couple questions. A) Do I need to continue with these funds. B) Also I am planning to invest Rs. 2000 in another fund..Can you please suggest me?

    1. Hi Thilak, Here are my comments on your queries A) You can continue in your funds. 2nd fund is small cap fund, hence you are seeing down trend now. However you can continue. But note that your portfolio looks high risk continaining small cap funds and rural theme funds. While you can invest in such funds, you can invest 20% to 30% in such funds and balance you should invest in largecap, diverisifed and balanced funds which can fetch you good returns even when markets are volatile. B) you can invest in any of the large cap funds like ABSL Frontline equity fund or ICICI focused blue chip fund etc.,

Leave a Reply

Your email address will not be published. Required fields are marked *