Top 10 Best Performing Mutual Funds 2021 – Best SIP Plans in India
In the last two years, there has been few trends that gave direction to the mutual fund schemes. It could be SEBI re-categorization of mutual fund schemes, the down trend in midcap and small cap funds to name a few. Mutual Funds through SIP has always rewarded investors in the medium to long term in spite of several such changes. There are several benefits of investing through SIP in mutual fund schemes. Like every year, even this year, we are providing Top 10 Best SIP Mutual Fund Plans to invest in India in 2021.
Also Read: Best SIP Plans for 5 years to invest in India
What are SIPs in Mutual Funds?
If you are already familiar about SIPs in MFs, you can skip this section.
Mutual funds pool money from investors and invest in equity and debt instruments based on the investment object. Systematic Investment Plan (SIP) in mutual funds is where one can invest small amounts at periodic intervals and accumulate wealth over a period of time. Mutual Funds can be invested either daily or weekly or fortnightly or monthly or quarterly. Most favorable one is monthly SIP.
How does SIP Mutual Funds Work?
Investing in SIP Mutual Funds are simple. Once you choose Best SIP Plans to invest through a mutual fund platform, your money would be automatically debited in your bank account and invested in buying units of a mutual fund which you have opted on a the specific date chosen by you. The number of MF units would be allocated to you based on the NAV of the mutual fund on the date of purchase. NAV would fluctuate based on the underlying stocks invested by the mutual fund scheme.
What are the benefits of SIP / Why to invest in SIP Mutual Funds?
Here are the major benefits and reasons to invest in SIP mutual funds.
1) Rupee Cost Averaraging – It benefits from Rupee Cost Averaging. If the stock markets are low, the NAV of your mutual fund scheme would be low, but you would get higher number of MF units. On the other hand, if stock markets are high, the NAV of your mutual fund scheme could be high and you would get a lower number of MF units.
2) Power of Compounding Returns – When you invest in mutual fund through SIP, you would get returns every year based on the underlying stocks invested. Such returns would get compounded year on year and you can create more wealth due to compounding power.
3) You would cultivate with disciplined savings.
4) SIP in mutual funds provides flexibility about investing and taking out money. However, one should invest in mutual funds for long term to reap the benefits.
5) Mutual Funds SIPs provide higher returns compared to FD or RD. While FD/RDs provide 6% to 7.5% annualized returns, SIP mutual funds can earn between 12% to 18% annualized returns.
What is the methodology we considered in picking up these mutual funds?
Below is the methodology we have used to pick-up Best SIP Mutual Fund Plans to invest in 2021.
1) Mutual Fund schemes that have performed well in the last 5-10 years are considered here.
2) Mutual Fund schemes that have performed well in various stock market cycles are further filtered.
3) 2-3 Mutual Fund schemes from various mutual fund categories like large cap, midcap, smallcap, hybrid have been selected.
4) Funds that are rated 5 star, 4 star, 3 star by value research online are considered.
5) Majority of these funds are already recommended by us, hence if you have already invested, it could be repetition for you.
Top 10 Best SIP Mutual Fund Plans to invest in 2021
Here is the list of Top 10 Mutual Funds to invest through SIP in 2021.
#1 – Mirae Asset Large Cap Fund
#2 – Axis Bluechip Fund
#3 – SBI Bluechip Fund
#4 – Mirae Asset Emerging Bluechip Fund
#5 – SBI Small Cap Fund
#6 – Kotak Emerging Equity Fund Regular Plan
#7 – Kotak Standard Multicap Fund Regular Plan
#9 – SBI Equity Hybrid Fund
#10 – HDFC Hybrid Equity Fund
Now let us jump into an individual mutual fund scheme about their performance and their ratios.
Top and Best Largecap SIP Mutual Fund Plans to invest in 2021
In the large cap segment we are recommending 3 mutual fund schemes that can be invested through Systematic Investment Plan (SIP).
#1 – Mirae Asset Large Cap Fund
Investment Objective: The 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.
Performance and Ratios of the fund
| Fund | Mirae Asset Large Cap Fund |
|---|---|
| Category | Largecap |
| Returns in 3mth | 9.1% |
| Returns in 1 year | 6.5% |
| Annualised Returns in 3 years | 5.3% |
| Annualised Returns in 5 years | 10.0% |
| Annualised Returns in 10 years | 11.7% |
| Exp Ratio | 1.71% |
| Net Assets (AUM) Rs Crs | 18,386 |
| 1 Lakh invested 3 years back is now | 1.17 Lakhs |
| 1 Lakh invested 5 years back is now | 1.61 Lakhs |
| 1 Lakh invested 10 years back is now | 3.01 Lakhs |
| Standard Deviation | 20.96 |
| Sharpe Ratio | 0.11 |
| Sortino Ratio | 0.12 |
| Beta | 0.99 |
| Alpha | 0.00 |
| R-Squared | 0.99 |
#2 – Axis Bluechip Fund
Investment Objective: The scheme aims to generate long term capital growth by investing in a diversified portfolio predominantly consisting of equity & equity related instruments of large cap companies.
Performance and Ratios of the fund
| Fund | Axis Bluechip Fund |
|---|---|
| Category | Largecap |
| Returns in 3mth | 7.4% |
| Returns in 1 year | 4.3% |
| Annualised Returns in 3 years | 9.5% |
| Annualised Returns in 5 years | 10.5% |
| Annualised Returns in 10 years | 10.0% |
| Exp Ratio | 1.70% |
| Net Assets (AUM) Rs Crs | 16,764 |
| 1 Lakh invested 3 years back is now | 1.31 Lakhs |
| 1 Lakh invested 5 years back is now | 1.65 Lakhs |
| 1 Lakh invested 10 years back is now | NA |
| Standard Deviation | 16.68 |
| Sharpe Ratio | 0.30 |
| Sortino Ratio | 0.32 |
| Beta | 0.74 |
| Alpha | 3.30 |
| R-Squared | 0.88 |
#3 – SBI Bluechip Fund
Investment Objective: The scheme seeks to provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of large cap equity stocks (as specified by SEBI/AMFI from time to time).
Performance and Ratios of the fund
| Fund | SBI Bluechip Fund |
|---|---|
| Category | Largecap |
| Returns in 3mth | 7.1% |
| Returns in 1 year | 1.2% |
| Annualised Returns in 3 years | 2.6% |
| Annualised Returns in 5 years | 6.8% |
| Annualised Returns in 10 years | 9.2% |
| Exp Ratio | 1.69% |
| Net Assets (AUM) Rs Crs | 22,604 |
| 1 Lakh invested 3 years back is now | 1.08 Lakhs |
| 1 Lakh invested 5 years back is now | 1.39 Lakhs |
| 1 Lakh invested 10 years back is now | 2.41 Lakhs |
| Standard Deviation | 20.79 |
| Sharpe Ratio | -0.03 |
| Sortino Ratio | -0.03 |
| Beta | 0.97 |
| Alpha | -2.81 |
| R-Squared | 0.97 |
Top & Best Midcap/Smallcap SIP Mutual Fund Plans to invest in 2021
Here we are recommending 3 Best mutual fund schemes from Midcap and Smallcap segment that can be invested through Systematic Investment Plan (SIP).
#4 – Mirae Asset Emerging Bluechip Fund
Investment Objective: 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.
Performance and Ratios of the fund
| Fund | Mirae Asset Emerging Bluechip Fund |
|---|---|
| Category | Midcap |
| Returns in 3mth | 9.7% |
| Returns in 1 year | 14.4% |
| Annualised Returns in 3 years | 6.9% |
| Annualised Returns in 5 years | 13.7% |
| Annualised Returns in 10 years | 17.7% |
| Exp Ratio | 1.86% |
| Net Assets (AUM) Rs Crs | 11,316 |
| 1 Lakh invested 3 years back is now | 1.22 Lakhs |
| 1 Lakh invested 5 years back is now | 1.9 Lakhs |
| 1 Lakh invested 10 years back is now | NA |
| Standard Deviation | 22.38 |
| Sharpe Ratio | 0.20 |
| Sortino Ratio | 0.22 |
| Beta | 1.02 |
| Alpha | 2.25 |
| R-Squared | 0.95 |
#5 – SBI Small Cap Fund
Investment Objective: The scheme seeks to provide investors with opportunities for long-term growth in 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.
Performance and Ratios of the fund
| Fund | SBI Small Cap Fund |
|---|---|
| Category | Smallcap |
| Returns in 3mth | 17.0% |
| Returns in 1 year | 15.4% |
| Annualised Returns in 3 years | 4.8% |
| Annualised Returns in 5 years | 13.2% |
| Annualised Returns in 10 years | 16.6% |
| Exp Ratio | 1.88% |
| Net Assets (AUM) Rs Crs | 5,039 |
| 1 Lakh invested 3 years back is now | 1.15 Lakhs |
| 1 Lakh invested 5 years back is now | 1.86 Lakhs |
| 1 Lakh invested 10 years back is now | 4.63 Lakhs |
| Standard Deviation | 26.29 |
| Sharpe Ratio | 0.16 |
| Sortino Ratio | 0.20 |
| Beta | 0.82 |
| Alpha | 8.29 |
| R-Squared | 0.92 |
#6 – Kotak Emerging Equity Fund Regular Plan
Investment Objective: The scheme seeks to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid companies.
Performance and Ratios of the fund
| Fund | Kotak Emerging Equity Fund Regular Plan |
|---|---|
| Category | Midcap |
| Returns in 3mth | 12.6% |
| Returns in 1 year | 11.1% |
| Annualised Returns in 3 years | 3.1% |
| Annualised Returns in 5 years | 9.3% |
| Annualised Returns in 10 years | 11.6% |
| Exp Ratio | 1.86% |
| Net Assets (AUM) Rs Crs | 7,300 |
| 1 Lakh invested 3 years back is now | 1.09 Lakhs |
| 1 Lakh invested 5 years back is now | 1.56 Lakhs |
| 1 Lakh invested 10 years back is now | 2.99 Lakhs |
| Standard Deviation | 24.35 |
| Sharpe Ratio | 0.06 |
| Sortino Ratio | 0.06 |
| Beta | 0.92 |
| Alpha | 0.79 |
| R-Squared | 0.97 |
Top Multicap SIP Mutual Fund Plans to invest in 2021
In Multicap / diversified mutual fund segment we are recommending 2 SIP Mutual Fund Schemes.
#7 – Kotak Standard Multicap Fund Regular Plan
Investment Objective: The scheme seeks to generate longterm capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors.
Performance and Ratios of the fund
| Fund | Kotak Standard Multicap Fund Regular Plan |
|---|---|
| Category | Multicap |
| Returns in 3mth | 6.2% |
| Returns in 1 year | 2.9% |
| Annualised Returns in 3 years | 3.7% |
| Annualised Returns in 5 years | 8.8% |
| Annualised Returns in 10 years | 10.6% |
| Exp Ratio | 1.66% |
| Net Assets (AUM) Rs Crs | 29,714 |
| 1 Lakh invested 3 years back is now | 1.12 Lakhs |
| 1 Lakh invested 5 years back is now | 1.53 Lakhs |
| 1 Lakh invested 10 years back is now | 2.73 Lakhs |
| Standard Deviation | 20.73 |
| Sharpe Ratio | 0.03 |
| Sortino Ratio | 0.03 |
| Beta | 0.94 |
| Alpha | -0.76 |
| R-Squared | 0.98 |
Best Hybrid / Balanced SIP Mutual Fund Plans to invest in 2021
In Hybrid / Balanced mutual fund segment we are recommending 2 Mutual Fund Plans to invest through SIP.
#9 – SBI Equity Hybrid Fund
Investment Objective: The scheme seeks to provide investors long-term capital appreciation along with the liquidity of an open-ended scheme by investing in a mix of debt and equity. The scheme will invest in a diversified portfolio of equities of high growth companies and balance the risk through investing the rest in fixed income securities.
Performance and Ratios of the fund
| Fund | SBI Equity Hybrid Fund |
|---|---|
| Category | Aggressive Hybrid |
| Returns in 3mth | 3.6% |
| Returns in 1 year | 2.8% |
| Annualised Returns in 3 years | 5.7% |
| Annualised Returns in 5 years | 8.1% |
| Annualised Returns in 10 years | 9.9% |
| Exp Ratio | 1.62% |
| Net Assets (AUM) Rs Crs | 31,993 |
| 1 Lakh invested 3 years back is now | 1.18 Lakhs |
| 1 Lakh invested 5 years back is now | 1.48 Lakhs |
| 1 Lakh invested 10 years back is now | 2.57 Lakhs |
| Standard Deviation | 15.07 |
| Sharpe Ratio | 0.10 |
| Sortino Ratio | 0.11 |
| Beta | 0.82 |
| Alpha | -0.48 |
| R-Squared | 0.91 |
#10 – HDFC Hybrid Equity Fund
Investment Objective: The Scheme seeks to generate capital appreciation / income from a portfolio, predominantly of equity & equity related instruments
Performance and Ratios of the fund
| Fund | HDFC Hybrid Equity Fund |
|---|---|
| Category | Aggressive Hybrid |
| Returns in 3mth | 6.2% |
| Returns in 1 year | 1.9% |
| Annualised Returns in 3 years | 2.5% |
| Annualised Returns in 5 years | 7.0% |
| Annualised Returns in 10 years | 10.4% |
| Exp Ratio | 1.80% |
| Net Assets (AUM) Rs Crs | 16,198 |
| 1 Lakh invested 3 years back is now | 1.08 Lakhs |
| 1 Lakh invested 5 years back is now | 1.41 Lakhs |
| 1 Lakh invested 10 years back is now | 2.7 Lakhs |
| Standard Deviation | 16.86 |
| Sharpe Ratio | -0.10 |
| Sortino Ratio | -0.11 |
| Beta | 0.94 |
| Alpha | -3.94 |
| R-Squared | 0.94 |
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Suresh KP
Top 10 Best SIP Mutual Fund Plans to invest in 2021
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Hi Sir,
I am actively following your blogs on mutual funds. I have investments in below mutual funds via SIP from last 4 years. My investment horizon is 10 years.
I have also invested some amount of money in debt area PPF/FD.
Below is investment in funds under SIP of 3,000 per month
Large Cap
* ICICI Prudential Focused Blue Chip Equity Growth (Large Cap) (3 star)
* SBI Blue Chip Fund Direct Growth (Large Cap) (3 star)
Large and Mid Cap
* Mirae Asset Emerging Blue Chip Direct Growth (Large and Mid Cap) (5 star)
Mid Cap
* HDFC Mid Cap Opportunities Fund Direct Growth (Mid Cap) (3 star)
Balanced Fund
* HDFC Hybrid Equity Fund Direct Growth (before HDFC Balanced Fund) (Balanced Fund) (3 star)
Small Cap
* Franklin Temptation Smaller Companies Direct Growth (Small Cap) (2 star)
I see that most of the above Funds are not performing well from past 2 years and are rated now as 2 out of 5 or 3 out of 5 except for Mirae Asset Emerging Blue Chip Fund.
Can you suggest what action to be taken?
Should I stop SIPs of above funds and start investing 3,000 in below new Funds in SIP which is doing consistently good in last 3 years?
Large Cap
* AXIS Blue Chip Fund Direct Growth (Large Cap) (5 star)
* HDFC Index Fund Sensex Plan-Direct-Growth (Large Cap) (5 star)
Multi Cap
* Parag Parikh Long Term Equity Fund (now called as Parag Parikh Flexi Cap Fund) (Multi Cap) (5 star)
Mid Cap
* AXIS Mid Cap Fund Direct Growth (Mid Cap) (5 star)
Small Cap
* AXIS Small Cap Fund Direct Growth (Small Cap) (5 star)
ELSS
* Mirae Asset Tax Saver Fund Direct Growth (ELSS) (5 star)
Hello Amit, All the funds you indicated in section-1 where you are investing are good funds. Yes some funds would tend to give lower returns in some market cycles. I would recommend you to continue. Second section-2 funds are top performing funds in various market cycles. If you want to shift from section -1 to section-2 funds, you can go ahead
Hi Suresh,
I am regular visitor of your website. Presently I am investing in below Mutual funds.
ICICI PRUDENTIAL BLUECHIP FUND – GROWTH
HDFC HYBRID EQUITY FUND – REGULAR PLAN – GROWTH
Can you suggest me some good funds for investment.
Regards,
Jigar
Hello Jigar, ICICI Pru Bluechip fund is largecap fund. If you observe, majority of the largecap funds are under performers. I would suggest you hold.
Regd HDFC Hybrid equity fund, this fund is still able to beat aggressive funds category in the last 3 to 5 years time frame. I would suggest you to hold even these cases. Regd your 3rd question, based on your risk appetite and tenure of investment, you can pick-up some of the funds from this article itself
Sir
Is it worthy in long run to invest a lumpsum amount in equity fund of which NAV is below 10 at present .Also I chose SBI Gold fund,Franklin Templeton Feeder India US
Opportunities Fund, Edilwiess balanced growth fund as long term investment (all are Sips). Request your advice on this.
Hello Sreekesh, Less NAV does not mean that mutual fund is coming cheaper. There are several mutual fund NAVs which are above Rs 50, but give high returns too. One should pick mutual fund scheme based on risk appetite, past performance and based on financial goal tenure.
Hi Suresh,
Have these below funds in my SIP, and performing very low.
LNT INDIA VALUE FUND-REGULAR PLAN-GROWTH OPTION
Franklin India Smaller Companies Fund GROWTH
DSP SMALL CAP FUND – REGULAR PLAN – GROWTH
Please suggest what should i do?
Should i start invest more and average out then sell them? Is it a good idea?
Should i switch to another fund now?
Should i keep for some time?
Please share average out formula.
Thanks for your suggestions
Jey suresh
Hello Jey, you have smallcap in your portfolio. If you are high risk taker and willing to invest for 8-10 years atleaest, you can continue to invest in these funds. Otherwise, you should diversify and have largecap, midcap, balanced also in your portfolio. You can refer our article about 10 funds which are diversified across market cap
Dear Suresh,
Thanks for your suggestion, i do have diversified porfolio as per your previous suggestions.
Please find
FRANKLIN TEMPLETON MUTUAL FUND
ADITYA BIRLA SUN LIFE ASSET MANAGEMENT COMPANY LTD
ICICI PRUDENTIAL MUTUAL FUND
SBI FUNDS MANAGEMENT PVT LTD
L&T ASSET MANAGEMENT COMPANY
DSP MUTUAL FUND
FRANKLIN TEMPLETON MUTUAL FUND
ICICI PRUDENTIAL MUTUAL FUND
HDFC ASSET MANAGEMENT COMPANY LIMITED
So can i keep these funds for some more time not investing on them.
Franklin India Smaller Companies Fund GROWTH
DSP SMALL CAP FUND – REGULAR PLAN – GROWTH
Thanks,
Jey Suresh
Last two are smallcap funds and high risk. If you are high risk investor continue. All other names you have provided are AMC names and not fund names
Sorry Suresh,
Please find my schemes in porfolio
Franklin India Focused Equity Fund GROWTH
ADITYA BIRLA SUN LIFE FRONTLINE EQUITY FUND – GROWTH
ICICI PRUDENTIAL BLUECHIP FUND – GROWTH
SBI BLUE CHIP FUND – REGULAR PLAN – GROWTH
LNT Mid Cap Fund-Regular Plan-Growth
DSP SMALL CAP FUND – REGULAR PLAN – GROWTH
Franklin India Smaller Companies Fund GROWTH
ICICI PRUDENTIAL VALUE DISCOVERY FUND – GROWTH
HDFC HYBRID EQUITY FUND – REGULAR PLAN – GROWTH
Thanks,
Jey
Jey, there are 4 funds (5 to 8) which are midcap/smallcap funds which are high risk. ICICI Pru value discovery fund is also under performer. You can review and exit such funds
Hi Suresh,
I have invested in the following funds and currently these are not doing good. Can I switch over to some other funds or continue to invest.
1) BNP Paribas F25EF – DP (G)
2) DSP Small Cap Fund – Regular (G)
3) ICICI Pru Value Discovery Fund (G)
4) HDFC MidCap Opport.- Direct (G)
5) HDFC Hybrid Equity Fund (G)
6) HDFC Equity Fund (G)
7) Franklin (I) Smaller Co -Direct (G)
8) DSP Small Cap Fund – Regular (G)
9) BNP Paribas F25EF – DP (G
Hello, Subramanian, Your fund selection is good except for BNP Paribas Focussed 25 equity fund which is relatively new fund (< 3 years). Consider switching this to another multicap fund indicated in our article. Also your fund has over weightage of idcap and smallcap segments. Unless you are very high risk investor, you should have diversified portfolio of largecap, multicap also in your portfolio. Pls review and add some funds from these segments too
Hi Suresh
I have been following your articles for the past five years. I have been investing in the following funds (SIP) but these seems to be under performing now and not in this year’s List. Can you please advice if i need to continue in the below funds
1. Aditya Birla Sun Life Tax Saver Fund(ELSS) – SIP of 1k for 20 years
2. Reliance Tax Saver Fund(ELSS) – SIP of 1.5k for 20 years
3. Axis Mid Cap Fund – SIP of 2k (Start this year) for 10 years
4. SBI Small Cap Fund – SIP of 2k (Start this year) for 10 years
My goal is to accumulate 20-25 lakh for my daughter’s higher education and marriage. Please suggest besides this funds, need to invest any other funds.
Thanks
Saikat
These are good funds. Don’t look for underperformance in short term. Even small cap funds would take U TURN in next 1-2 years. Continue to invest
It is the best mutual fund plan. I read this article and get the more information related to the sip mutual fund plan.
Please suggest and recommend on my Portfolio. i HAVE SIP on
1. Axis bluechip- 1000/Month
2. Mirae Asset emerging business fund- 2000/ Month
3.Mirae Asset Focused Fund Direct Plan- 1000/Month
4. Motilal Oswal Nasdaq 100 Fund of Fund – Direct Plan Growth-2000/mONTH
My investment tenure is more than 5 years and i am an moderate risktaker
I responded on your email. 2 to 4 are for high risk investors. If you are moderate risk taker, you need to invest in hybrid/balanced funds indicated in the mail.
Hello, following is my comment
1. I’m central government employee. My monthly salary is approximately 1.32 lac and remittance is approx ₹95000 after TDS, PF contribution (₹9000) & insurance premium (₹5000). I am the sole earner in my family. i hv six dependents (mother,father, sister, wife, son n daughter).
2. I shall be receiving increased salary from Mar/Apr which will result in approx increase of ₹24700 . I aim to invest at least 15000 from this increased portion of salary.
3. I already have a life insurance of 75 lacs fr which I am paying premium of Rs5000. It’s mandatory fr us to pay this premium and I can’t stop this.
4. Presently I have following investment in PF, mutual funds and shares. I have planned these investments in mutual funds for long term (18-20years) for my kids (son-4.5 years & daughter – 1month).
(a) HDFC MID CAP OPPORTUNITIES FUND – 30000 (LUMSUM)
(b) RELIANCE SMALL CAP FUND GROWTH -35311 (LUMSUM)
(c) L&T EMERGING BUSINESS FUND GROWTH – 93000 (5500 SIP)
(d) SBI BLUE CHIP FUND REG PLAN GROWTH – 96000 (3500 SIP)
(e) SBI FOCUSED EQUITY FUND REG GROWTH – 45000 (LUMSUM)
(f) Provident Fund – 9.44lac
(g) RD – 1.88 (4000 PER MONTH) planning to keep till Feb 2021.
(h) FD – 75000.
4. Also I would like to inform you that I shall be financing my sister’s marriage probably in 2024-25. Though I have a car (2014 model) but I may have to buy new one after few years due to increased family strength.
5. Also I have a 2bhk ground floor house in builder floor in meerut. But m contemplating to sell it and buy independent 2/3bhk in meerut. For present house, I am servicing a loan of 15.38 lac fr 20 years resulting in EMI of 16000.
6. So please advise me which mutual funds/ any other instrument should I invest in and for what duration fr maximum returns.
7. I HV demat account with SBI linked with salary account.
8. Also I would like to know how can I buy mutual funds on my own through my Demat account and revise the SIPs annually to an amount of my convenience. Presently I have to visit my home branch and submit cheques of new amount for existing MUTUAL FUND SIPs.
please do reply.
REGARDS
good to hear about you. Here are few comments 1) Pls review your insurance requirement. You may need to take 10-12 years of your annual income or 15 years of your annual expenditure minimum. The funds what you are investing are high risk + focused fund which is also high risk. You need to balance your portfolio with largecap and multicap funds too. Pls invest in some of these category of funds which I have recommended in this article. To invest in mutual funds you may directly visit mutual fund website and invest it or open a mutual fund account with 3rd party broker like icicidirect or fundsindia etc.,
If you dont mind asking, what is the job you are in central government which is giving such a nice salary package?
Dear Suresh,
Thanks for the blog and sharing your knowledge.
Last year I have stopped all my mutual funds investment as my “Resident” status changed to “NRI” and have opened a new investments with “NRI” status.
Since its already been one year of investment in below funds so I am seeking your review/advice on these funds invested in three different portfolio below:
Portfolio#1: Kid Education
1. SBI BlueChip Fund-Reg(G) – 7000 (monthly)
2. Mirae Asset India Equity Fund-Reg(G) – 10000 (monthly)
3. Franklin India Prima Fund(G) – 7000 (monthly)
4. HDFC Hybrid Equity Fund(G) – 6000 (monthly)
Portfolio#2: Kid Marriage
1. Aditya Birla SL Frontline Equity Fund(G) – 5000 (monthly)
2. SBI Magnum Multicap Fund(G) – 7000 (monthly)
3. Mirae Asset Emerging Bluechip-Reg(G) – 8000 (monthly)
4. HDFC Small Cap Fund-Reg(G) – 5000 (monthly)
5. ICICI Pru Equity & Debt Fund(G) – 5000 (monthly)
Portfolio#3: Retirement
1. ICICI Pru Bluechip Fund(G) – 9000 (monthly)
2. Parag Parikh Long term Equity Fund(G) – 10000 (monthly)
3. HDFC Mid-Cap Opportunities Fund (G) – 8000 (monthly)
4. Franklin India Smaller Cos Fund(G) – 5000 (monthly)
5. Aditya Birla SL FRF-Long Term Plan (G) – 8000 (monthly)
Note:
1. All these investments are for long term (more than 8 years)
2. Apart from this I have few FDs for emergency fund and PPF investment for Debt side.
Few Questions:
1. Do you see any change required or any improvement area in my all three portfolio, any switching or reshuffling in fund or SIP amount required?
2. As I have mentioned above, my previous mutual funds investments with “Resident” status is stopped but I have not redeemed it
since I am not in a need of money for now. Is it okay to keep it until not required or should I redeem it and re-invest in my new MF portfolio with “NRI” status?
I shall be grateful for your prompt suggestions/response.
Thanks in advance,
Kumar!
Hi Suresh
Could you please share your advice on this?
BR,
Kumar!
Hello Kumar
1) Portfolio is good. Since you are investing for 8-10 years, midcap/smallcap funds in your portfolio is good to continue too
2) You can continue them
Hi Suresh,
My debt portion is 40% of my portfolio (with 60:40 Equity~Debt allocation), apart from yearly PPF investment, which options is good for long term Debt investment (8+ years) among:
1) FD or RD
2) Hybrid funds (e.g HDFC Hybrid fund)
3) Debt mutual fund, which one you recommend for long term investment?
4) Any other option for long term?
Please advice.
BR,
Kumar!
Kumar, If you are okay for 15 years of lockin for PPF, it is the best one. Alternatively you can invest in bank FD (thru RD every month). Hybrid funds are moderate risk, but returns are not guaranteed. In debt funds you can check this article and invest based on your investment goal. https://myinvestmentideas.com/2020/01/best-debt-mutual-funds-to-invest-india-2020/
Hello sir
I wish to invest 5k for my newly born daughter’s marriage and education please suggest best 2-3 funds
You can start with balanced mutual funds to start with. You can check for list of these funds in this article.
Hi Suresh,
This is Ashish,
On my previous comment you suggested on exiting from icici prudential large and mid cap fund so can you suggest me some good blue-chip fund in replacement on this fund(other than icici).And you didn’t commented on icici prudential mulicap fund.
And also please tell whether to invest in icici India opportunity fund.since I am a new investor I didn’t have experience in his investment field.
And if you can select some funds to invest 21000rs in sip.so that I can compare my list of funds with yours.
PS- please tell if I had to remove some funds from my previous comment since my sips are started from January
Thanks
Looks I missed to comment about ICICI Multicap fund which is good fund, you can continue. regd ICICI India Opps fund, I already gave comment. This is high risk thematic fund. I don’t generally recommend any one to invest in new fund as there is no past performance. Hence I would advice you to review and exit such new funds. My advice is you should invest in balanced portfolio consisting of largecap, multicap and balanced / hybrid funds. Pls select these funds from the article which I already listed. Beyond this if you are high risk investor, you can invest in midcap/smallcap funds indicated in this article.
Dear sir,
I had just started sip from January through icici prudential AMC through there iprutouch app.someone from bank has advices me on this.
Following are the funds I had invested in:
1. Icici prudential India opportunities fund growth-3000rs
2. Icici prudential large and midcap fund growth- 6000rs
3.icici prudential midcap fund growth -3000 RS
4. Icici prudential multicap fund growth -6000rs
5. Icici prudential blue-chip fund growth – 3000 RS
Please give your advice on these funds and if I had to remove some funds from the list and add some good funds.
Looks you are fan of ICICI Prudential and have their mutual fund schemes :-).
1) ICICI India opps fund – this is thematic fund. It was launched only few months back. If you still want to invest in thematic funds, you can consider investing in consistent performing thematic funds.
2) ICICI large and midcap fund – This is the under performer in the last 3-5 years. You should review and exit such funds
3) ICICI pru midcap fund – Good fund. However current downtrend in midcap may continue for some more time. Pls have patience and continue this funde
4) ICICI pru blue chip fund – Good fund. Continue
Hi Sir,
Dear Sir,
I would like to investment Rs 5,000 for my daughter who is going to be 2 years old. I have selected the below funds for next 10 years with SIP.
Axis Blue chip fund Large cap Direct Plan- Rs. 1500
Mirae Asset Tax Saver Fund – Direct Plan- Rs 1000
Multicap
Axis Focused 25 Fund Direct Plan- Rs 1500
Small Cap
Axis Small Cap Fund Regular Plan- Rs 1000
Please advise if anything to be changed here for new selection or current running SIP.
Thank you
Good Funds. However, I hope you are aware that smallcap/midcap funds are high risk.
Hi Sir,
Mirae assete emerging bluechip fund and hybrid funds, which one shall be chosen considering my portfolio of large cap and midcap. Shall we invest in pure debt funds?
Dear Sir,
I would like to investment Rs 5,000 for my kid’s education who is going to be 1 year old in couple of months. I have selected the below funds for next 15 years with SIP of 1000 each
Large cap
Axis Blue chip fund Large cap Direct Plan- Rs. 1000
ICICI Prudential Bluechip Fund – Direct Plan- Rs 1000
Multicap
Kotak Standart Multicap Fund–Direct Plan- Rs 1000
Axis Focused 25 Fund Direct Plan- Rs 1000
Midcap
Axis Mid cap Fund Direct Plan- Rs 1000
Along with above I am already investing in
Mirae Asset Emerging Bluechip Fund – Direct Plan- Rs. 5000
Mirae Asset Emerging Bluechip Fund – Regular-Rs.3000
PRINCIPAL EMERGING BLUECHIP FUND REGULAR PLAN GROWTH- Rs.5000
SBI BLUE CHIP FUND – GROWTH- Rs.3000
ICICI Prudential Equity & Debt Fund – Direct Plan – Growth- Rs.3000
SBI Equity Hybrid Fund – Direct Plan – Growth-Rs.3000
HDFC Hybrid Equity Fund – Direct Plan-Rs.3000
Please advise if anything to be changed here for new selection or current running SIP.
Thank you
Most of your portfolio is looking good. Midcap and smallcap funds are underperforming as these segments are underperfomers in the last 1-2 years. But this should take you turn in the last 1-2 years
Sir I want to invest 2k sip in the following plans for 10-12 years.
1) Axis Bluechip Fund – G
2) Parag Parikh Long Term Equity Fund
3) Kotak Standard Multicap Fund
Please suggest me for any removal or change. Sir i pursue moderately high risk apetite.
Thank you
good funds. You can invest.
Thanks Suresh Sir,
Which other fund I need to consider for investing debt, equity, small cap or multicap to diversify my portfolio. I am planning to invest in Mirae assete tax saver fundz. Is it ok
Hello Savaeesingh, Since you have 1 bluechip fund and 1 midcap fund (other than hybrid FOF fund which you may review and exit), you may consider one hybrid balanced fund. You can pick one of the fund indicated in the article. Regd mirae assets tax saver fund, it is good fund to save tax, however it has < 5 years of history, hence I would advice you to go for long term performance fund.
Hello Mr.Suresh!
This is Dr.Arijit. Among the AXIS BLUE CHIP FUND & SBI BLUE CHIP FUND, which one do you personally recommend.
Hello Dr. Arijit, Personally I am investing in both these funds 🙂 I feel both are good.
Hi Suresh Sir,
I have chosen below three funds
Axis bluechip large Cap
Invesco india midcap
ICICI assets allocator (FOF)
Please suggest which of these 3 are good for investing for long and short term
Do I need to invest in any other fund?
Hello Saveesingh, Here are my comments
1) Axis blue chip fund – One of the best blue chip mutual funds. You can continue to invest
2) Invesco India midcap – One of the best performing midcap fund – Continue to invest
3) ICICI Assets allocator FOF – This is balanced hybrid fund, but fund of funds. I would advice you to review and invest in a good balanced fund which is regular fund and not fund of fund
Thank you for your suggestions. It is very good post. Visit the JM Finance limited is the most reputed domestic investment bank in India.
Hello Suresh sir
I have been investing in the below 3 mutual funds for the last 5 years and I think I can continue further for another 5 years or more. Please let me know if I can continue or exit from the below or Shall I go for any other fund?
1. HDFC Mid-Cap Opportunities Fund (Direct)
2. HDFC Hybrid Equity Fund-Dir-Growth
3. ICICI Prudential Focused Bluechip Equity Fund
Other current investment – PPF.
Also, I am thinking about FD/RD in a small finance bank (Suryoday). Please let me know your suggestion if this is the right move.
Thanks
Suresh
Hello Suresh CM, Good to hear about you. These are good funds and you can continue. Pls note that HDFC Midcap is under performing as all midcap/smallcap segments are underperforming now. Regd Suryoday small finance FD, these are small finance banks, hence little riskier compared to regular banks as they have limited operational history. If you are high risk investor, you can invest.
Hi Suresh
I have been following your articles for the past five years. I have been investing in the following funds (SIP) but these seems to be under performing now and not in this year’s List. Can you please advice if i need to continue in the below funds
1. ICICI PRUDENTIAL BLUECHIP FUND – GROWTH
2.ADITYA BIRLA SUN LIFE FRONTLINE EQUITY FUND – GROWTH
3.HDFC MID-CAP OPPORTUNITIES FUND – GROWTH
4.DSP SMALL CAP FUND – GROWTH
5.Franklin India Smaller Companies Fund GROWTH
Additionally i am also investing in Axis Midcap Fund, Axis Small cap fund, SBI Blue chip,HDFC Hybrid Equity fund, L&T Mid cap fund which i will continue.
Thanks
Jagan
Hello Jagan, Good to hear about you. Many of my friends are too asking that their stocks are not increasing, but SENSEX is at new high. If you observe SENSEX reaching new highs, but only few stocks and mutual funds are performing well. you are seeing this in your portfolio too. 1 and 2 are in largecap/multicap, hence returns should be average. 3, 4 and 5 are midcap/smallcap funds. All midcap/smallcap funds are underperforming in the last 1-2 years owning to SEBI recategorizatoin in May-2018 and fund manager focus only in large cap stocks. This should get shifted to midcap/smallcap segment in 2020-2021. If you are long term investor, just invest and forget about short term performance. Otherwise, you can exit and invest in largecap or multicap mutual funds only. Other funds indicated at the end are good, you can continue.
Hello Sir,
How are SBI magnum midcap (G) & SBI Magnum multicap fund (G)??
I am doing SIP from last 2 years in these funds.
Shall I continue in these??
Thank you in advance,
Santosh
Hello Santosh, SBI magnum midcap is under performer in the last 3-5 years. You can wait for 1-2 years and then take call, otherwise you can exit. SBI Magnum multicap fund is good fund, you can continue
Hello Sir,Thank you for your great Blog.I have some query related to my portfolio.I want to create a wealth for 1crore through SIP.
MY Time Horizone is in differet yrs -6 lakh(10 yrs from now child study),35 lakh(12 yr from now),60 lakh retirement (23 yrs from now).
My existing Portfolio- ELSS-1)SIP of 2k in L & T Tax Advantage fund Growth(3.5 lakh worth ow)
2)SIP of 2k in Axis Long Term Equity fund Growth(2 lak worth now)
3)SIP of 3k in Aditya Birla Tax relif 96 fund -G(started 1 yera before)
Large Cap- 2.5k SIP in Axis Blue-chip fund direct- G(started this Year)
Small Cap- 2.5k SIP in Axis small Cap Fund Direct-G(started this Year)
Multi Cap- a)3k SIP in Franklin India Equity Fund Direct-G(started 1 Year before)
b)3k SIP in Parag Parikh Long term Fund Direct-G(started 1 Year before )
Lump sum one time Amount invested 9 year ago into –SBI Magnum Tax gain (20k) & Sundaram BNP Paribas Tax saver (12k)
Please review above funds and suggest your comment incase of any changes or modification required?
Also I have shortlisted some dyamic fund to invest in this year which is-Kotak Dynamic Bond Fund and Franklin India Dynamic Accrual Fund?
Please suggest one best mid cap and value fund to be added into the above portfolio. Also suggest if any other kind of funds need to be invested or any changes in current portfolio is required to achieve my 1 cr target. I am a moderate kind of investor risk profile.
Hello Kumar, The funds in your portfolio are good except for Franklin India equity fund. This is under performer in multicap mutual funds segment. Try to review this fund and replace with any other multicap mutual fund. You can select any multicap fund from this article.
Thank you Suresh Sir for your kind review and suggestion.Can you also provide your valuable thought on the below 2 points.
1)Also I have shortlisted some dyamic fund to invest in this year which is-Kotak Dynamic Bond Fund and Franklin India Dynamic Accrual Fund?Can i go ahead with these dynamic fund.Is these fund good to go ahead with this.
2)Please suggest one best mid cap and one value fund to be added into the above portfolio.
Thanking You.
Thanks,
kumar Raju
Hello Kumar, Let me know why you want to invest in dynamic bond fund or value funds. Since these are high risk funds, asking this question to you. For midcap, you can invest in any of the midcap funds indicated in this article
Hello Sir,I want to invest in value funds for higher returns as value funds is investing in low valuation stocks which is having strong fundamentals to grow it faster.But as per your suggestion can I invest in Hybrid funds suggested by you in place of value or dynamic bond funds as I m having more time horizon.
Also I m having some Fixed deposit,PPF,EPF worth more than 6 lakh.So what would be your suggestion to add anything into my portfolio in terms of Value,debt or any other funds which require to balance my overall current portfolio.
Thanking you
Thanks
Kumara
value funds are high risk. Hybrid funds are moderate risk. You can consider any of the hybrid funds indicated in this article
How power of compounding works in mutualfunds (sip).for eg. How power of compounding works in “Indexfund ICICI nifty next 50 direct,growth (SIP)” in long term investment?
Hello Dr. Sudhakar, It is immaterial of lumpsum or SIP, compounding works in similar way. The invested amount would grow year on year based on the opening balance at beginning of the year. That is how the mutual fund returns are also computed.
Sir if i am investing 5k or 10k in sip. Is it better to put whol amount in one fund or diversify it into large, small, mid cap fund, balanced fund, hybrid fund, sectorial fund and index fund. I am ready to take high risk and for long term horizon.. A ideal portfolio should consist how many funds or investing in more scheme could nullify overall return?
Let me explain this with an example. 1) If you invested in one good fund (as per today) for 10K. After 10 years, assume that fund fails to perform well or performs well but still lagging behind its peer funds, you would always regret 2) If you invested in 3-5 funds now. In long term of 8-10 years assuming that out of 5 funds, 3 are performing well, 1 is normal performer and 1 is under performer compared to its peer funds. Just imagine the situation. You would be still able to create good wealth with this second senario. There is no ideal portfolio. It would depend on your risk appetite, tenure and how long you want to invest. As an example, I am moderate to high risk investor, willing to invest in variety of mutual fund schemes. Now I cannot limit myself as even if I take 2 funds from largecap, midcap, smallcap, balanced funds, sector funds, international funds, debt funds, this would become a dozen of funds. If you simply want to diversify your portfolio invest in 5-7 mutual fund schemes.
Hi
I would like to invest 10,000 in SIP starting from Jan 2020. I can go for moderate to high risk MFs Could you please suggest ?
I choose below funds So far:
Axis Bluechip Fund : 3000
Mirae Emerging Blue chip Fund : 3000
HDFC Corporate Bond Fund – Growth : 2000
Corporate bond funds are high risk. If you are okay to consider, you can go ahead, otherwise, choose a balanced fund instead of this fund
Thanks Suresh
Can you give me some knowledge about value Discovery fund.
I think you are referring ICICI Value Discovery Fund. This fund objective is to invest in stocks that under valued. However, this fund has failed to meet even its benchmark in the last 5 years performance. One can avoid this at this point.
Hi, Im new to mutual investments. I would like to invest 10,000 Rs through SIP. Can you suggest the best schemes I should start with?
Good to hear about you Puja. Since you are new investor, you can invest in balanced funds + largecap funds indicated in this article to start with.
Excellent piece of selection cum analysis for 2020.
Thank you Deepak. Which mutual funds you are investing now? Have you changed anything post the under performance of midcap/smallcap funds in the last 1-2 years?
Totally different recommendations compared to previous years. Changing times !!
Hello Vivek, There are change in few funds, otherwise, not totally different. You may recheck. Most of the funds recommended here are already recommended in various articles in the last 2-3 years. It is that we picked only top funds in each category