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 comments

  • Priya

    Hi Suresh,

    Good day, I want to invest 10 lakh for 10 years. Kindly suggest me investment where I can save my principal and return from tax.

  • Vigneswari Ramamoorthy

    Hello Sir,

    I am new to Mutual fund investment and i had planned to invest in following funds based on suggestions from your article.

    Icici Prudential Blue chip Direct Growth – 4000 PM
    Mirae Asset Emerging bluechip fund -4000 PM
    parag parikh long term equity fund – 4000 PM
    hdfc hybrid equity fund -4000 PM
    HDFC midcap Opps fund – 2000 PM
    Reliance small cap -2000 PM

    Plz let me know if these are good funds and will these yield good returns after 8 – 10 years. Are my portfolio balanced with the above selected funds.

    Also i have plan to invest lupsum of 3 Lakhs in Mutual funds. Let me know the best way for it.

    Thanks!

  • Yuvraj

    Hello Suresh ji,
    I want to invest in SIP 2000rs/month for 20yr could u please suggest me low Risk SIPs or give ur openion regarding investment.

  • Santosh Das

    Hi Suresh,
    Needed your advise . My father had invested in no. of SIPs, ELSS funds through a broker (not online) . These funds are not at all performing well and my father also doesnot have any idea about the mutual funds. He also doesn’t have a demat acct where as i do have . I would want to make changes to the portfolio as running after the broker to make changes is very difficult.
    So wanted to understand if there is a way i can get these converted to demat form and transfer to my demat for better tracking and monitoring purpose.
    Also please advise what are the best alternatives available for the transfer to happen if the above is not possible

  • Sunil Kulkarni

    I have invested through SIP in Franklin India smaller companies fund growth for Rs 5000 per month from last 2 years . It is not performing well lately and my present estimated returns are in negative.Should I discontinue this SIP or switch over to some other fund

    • Sunil, You might be aware about small cap and midcap downtrend, hence you are seeing this negative returns in such funds. You should continue in such funds if you are high risk taker. Also you should continue in such funds if you don’t need funds in near future.

      • Sunil Kulkarni

        Well I would need the fund in another 3-4 years. Will I get some descent return or should I switch to some other scheme which will give me better return.

        • Sunil, Mutual funds are long term game and you should be ready to invest for 8-10 years. If you are looking for 3-4 years investment better to stay away from mutual funds

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