Mutual funds have become a popular choice for many investors looking to grow their wealth over time. With a diverse range of options available, choosing the right mutual fund can be challenging. To help you make an informed decision, we have compiled a list of the top-performing mutual funds in India based on their performance over the past year. These funds have delivered impressive returns, showcasing their growth potential.
Here are some of the Top performing mutual funds in India.
1. Axis Bluechip Fund
Introduction:
Axis Bluechip Fund is a prominent mutual fund in India known for its robust performance and focus on large-cap companies. Managed by Shreyash Devalkar, the fund has garnered attention for delivering consistent returns and adhering to a disciplined investment strategy.
Investment Type:
The Axis Bluechip Fund is categorized as a large-cap fund. It primarily invests in large-cap companies, which are well-established firms with a significant market capitalization. These companies are known for their stable financials, market leadership, and strong track records.
Sector Allocation:
The fund maintains a diversified portfolio across various sectors, with a significant allocation to sectors like Financial Services, Information Technology, Consumer Goods, and Healthcare. This diversification helps in mitigating risks and capitalizing on opportunities across different segments of the market.
Last Year Returns:
Over the past year, Axis Bluechip Fund has delivered an impressive return of 38.6%. This performance is attributed to the fund’s strategic stock selection and effective risk management.
Risk Ratio:
Axis Bluechip Fund has a moderate risk profile, suitable for investors with a moderate risk appetite looking for long-term capital appreciation. The fund’s risk management strategy includes thorough research and analysis of potential investments, ensuring a balanced risk-reward ratio.
Expense Ratio:
The fund has an expense ratio of around 1.7%, which is competitive within the large-cap fund category. This fee covers the costs associated with managing the fund, including administrative and operational expenses.
Minimum Investment:
Investors can start investing in the Axis Bluechip Fund with a minimum investment of ₹5,000 for a lump sum and ₹500 for a Systematic Investment Plan (SIP). This accessibility makes it an attractive option for both new and experienced investors.
Fund Manager:
Shreyash Devalkar, the fund manager, brings a wealth of experience and expertise to the table. His strategic approach and in-depth understanding of the market dynamics have been pivotal in driving the fund’s performance.
Official Website:
For more detailed information, visit the Axis Bluechip Fund official website.
2. Mirae Asset Emerging Bluechip Fund
Introduction:
Mirae Asset Emerging Bluechip Fund is a highly regarded mutual fund in India, known for its focus on large and mid-cap companies. Managed by Neelesh Surana, the fund has consistently delivered strong performance, making it a popular choice among investors seeking long-term capital growth.
Investment Type:
The Mirae Asset Emerging Bluechip Fund is categorized as a large and mid-cap fund. It primarily invests in a mix of large-cap and mid-cap companies, providing a balance of stability and growth potential. This strategy allows investors to benefit from the performance of well-established companies while capturing the growth opportunities presented by mid-cap firms.
Sector Allocation:
The fund maintains a diversified portfolio across various sectors, with significant allocations to Financial Services, Consumer Goods, Information Technology, and Healthcare. This diversified approach helps in spreading risk and capitalizing on growth opportunities across different sectors of the economy.
Last Year Returns:
Over the past year, Mirae Asset Emerging Bluechip Fund has delivered an impressive return of 42.3%. The fund’s performance is driven by its strategic stock selection and effective risk management practices, which have enabled it to capitalize on market opportunities.
Risk Ratio:
The fund has a moderate to high-risk profile, suitable for investors with a higher risk tolerance looking for substantial capital appreciation. The fund’s risk management strategy includes thorough research and analysis of potential investments, ensuring a balanced risk-reward ratio.
Expense Ratio:
The fund has a competitive expense ratio of around 1.7%, which covers the costs associated with managing the fund, including administrative and operational expenses. This fee is in line with industry standards for funds with a similar investment strategy.
Minimum Investment:
Investors can start investing in the Mirae Asset Emerging Bluechip Fund with a minimum investment of ₹5,000 for a lump sum and ₹1,000 for a Systematic Investment Plan (SIP). This makes the fund accessible to a wide range of investors, from beginners to experienced ones.
Fund Manager:
Neelesh Surana, the fund manager, brings extensive experience and expertise to the fund. His strategic approach and deep understanding of market dynamics have been instrumental in driving the fund’s strong performance.
Official Website:
For more detailed information, visit the Mirae Asset Emerging Bluechip Fund official website
3. SBI Small Cap Fund
Introduction:
SBI Small Cap Fund is a well-regarded mutual fund in India, known for its focus on small-cap companies. Managed by R. Srinivasan, the fund has gained popularity for delivering substantial returns and capturing growth opportunities in the small-cap segment.
Investment Type:
The SBI Small Cap Fund is categorized as a small-cap fund. It primarily invests in small-cap companies, which are firms with a relatively smaller market capitalization. These companies are often in the early stages of growth and have significant potential for expansion and value appreciation.
Sector Allocation:
The fund maintains a diversified portfolio across various sectors, with significant allocations to Consumer Goods, Industrial Manufacturing, Chemicals, and Financial Services. This diversified approach helps in spreading risk and capitalizing on growth opportunities across different sectors of the economy.
Last Year Returns:
Over the past year, SBI Small Cap Fund has delivered an impressive return of 57.8%. The fund’s performance is driven by its strategic stock selection and effective risk management practices, which have enabled it to capitalize on market opportunities in the small-cap segment.
Risk Ratio:
The fund has a high-risk profile, suitable for investors with a high-risk tolerance looking for substantial capital appreciation. Small-cap stocks are typically more volatile than large-cap stocks, but they also offer higher growth potential. The fund’s risk management strategy includes thorough research and analysis of potential investments, ensuring a balanced risk-reward ratio.
Expense Ratio:
The fund has a competitive expense ratio of around 1.84%, which covers the costs associated with managing the fund, including administrative and operational expenses. This fee is in line with industry standards for funds with a similar investment strategy.
Minimum Investment:
Investors can start investing in the SBI Small Cap Fund with a minimum investment of ₹5,000 for a lump sum and ₹500 for a Systematic Investment Plan (SIP). This makes the fund accessible to a wide range of investors, from beginners to experienced ones.
Fund Manager:
R. Srinivasan, the fund manager, brings extensive experience and expertise to the fund. His strategic approach and deep understanding of market dynamics have been instrumental in driving the fund’s strong performance.
Official Website:
For more detailed information, visit the SBI Small Cap Fund official website.
4. ICICI Prudential Technology Fund
Introduction:
ICICI Prudential Technology Fund is a specialized mutual fund in India that focuses on the technology sector. Managed by Sankaran Naren, this fund aims to capitalize on the rapid growth and innovation within the tech industry. The fund has gained popularity for its impressive returns and strategic investment approach.
Investment Type:
The ICICI Prudential Technology Fund is categorized as a sectoral/thematic fund. It primarily invests in companies within the technology sector, including IT services, software, hardware, and other tech-related industries. This focus allows investors to benefit from the growth potential of the technology sector.
Sector Allocation:
The fund maintains a concentrated portfolio within the technology sector. Key allocations include IT services, software development, technology hardware, and telecommunications. This targeted approach helps in capturing the high-growth potential of leading tech companies and emerging innovators.
Last Year Returns:
Over the past year, ICICI Prudential Technology Fund has delivered an impressive return of 67.4%. The fund’s performance is driven by strategic stock selection and its focus on high-growth technology companies that have thrived amid rapid technological advancements and digital transformation.
Risk Ratio:
The fund has a high-risk profile, suitable for investors with a high-risk tolerance looking for substantial capital appreciation. Sectoral funds, especially those focused on technology, can be more volatile due to the fast-paced nature of the industry. The fund’s risk management strategy includes rigorous research and analysis of potential investments, ensuring a balanced risk-reward ratio.
Expense Ratio:
The fund has a competitive expense ratio of around 2.26%, which covers the costs associated with managing the fund, including administrative and operational expenses. This fee is in line with industry standards for sectoral/thematic funds.
Minimum Investment:
Investors can start investing in the ICICI Prudential Technology Fund with a minimum investment of ₹5,000 for a lump sum and ₹1,000 for a Systematic Investment Plan (SIP). This makes the fund accessible to a wide range of investors, from those new to mutual funds to seasoned investors.
Fund Manager:
Sankaran Naren, the fund manager, is renowned for his extensive experience and strategic insight into the technology sector. His deep understanding of market trends and ability to identify promising tech companies have been pivotal in driving the fund’s strong performance.
Official Website:
For more detailed information, visit the ICICI Prudential Technology Fund official website.
5. HDFC Mid-Cap Opportunities Fund
Introduction:
HDFC Mid-Cap Opportunities Fund is a well-regarded mutual fund in India known for its focus on mid-cap companies. Managed by Chirag Setalvad, the fund has consistently delivered strong performance, making it a popular choice among investors seeking long-term capital appreciation.
Investment Type:
The HDFC Mid-Cap Opportunities Fund is categorized as a mid-cap fund. It primarily invests in mid-cap companies, which are firms with a market capitalization typically between large-cap and small-cap companies. These companies are often in the growth phase and have significant potential for expansion and value appreciation.
Sector Allocation:
The fund maintains a diversified portfolio across various sectors, with significant allocations to Financial Services, Consumer Goods, Industrial Manufacturing, and Healthcare. This diversified approach helps in spreading risk and capitalizing on growth opportunities across different sectors of the economy.
Last Year Returns:
Over the past year, HDFC Mid-Cap Opportunities Fund has delivered an impressive return of 47.2%. The fund’s performance is driven by its strategic stock selection and effective risk management practices, which have enabled it to capitalize on market opportunities in the mid-cap segment.
Risk Ratio:
The fund has a moderate to high-risk profile, suitable for investors with a higher risk tolerance looking for substantial capital appreciation. Mid-cap stocks are typically more volatile than large-cap stocks but offer higher growth potential. The fund’s risk management strategy includes thorough research and analysis of potential investments, ensuring a balanced risk-reward ratio.
Expense Ratio:
The fund has a competitive expense ratio of around 1.8%, which covers the costs associated with managing the fund, including administrative and operational expenses. This fee is in line with industry standards for funds with a similar investment strategy.
Minimum Investment:
Investors can start investing in the HDFC Mid-Cap Opportunities Fund with a minimum investment of ₹5,000 for a lump sum and ₹500 for a Systematic Investment Plan (SIP). This makes the fund accessible to a wide range of investors, from beginners to experienced ones.
Fund Manager:
Chirag Setalvad, the fund manager, brings extensive experience and expertise to the fund. His strategic approach and deep understanding of market dynamics have been instrumental in driving the fund’s strong performance.
Official Website:
For more detailed information, visit the HDFC Mid-Cap Opportunities Fund official website.
6. Kotak Emerging Equity Scheme
Introduction:
Kotak Emerging Equity Scheme is a well-known mutual fund in India, focusing on mid-cap companies. Managed by Pankaj Tibrewal, the fund aims to identify and invest in emerging businesses with high growth potential. It has gained popularity for delivering consistent returns and maintaining a balanced investment strategy.
Investment Type:
The Kotak Emerging Equity Scheme is categorized as a mid-cap fund. It primarily invests in mid-cap companies, which typically have a market capitalization between large-cap and small-cap firms. These companies are often in the growth phase and possess significant potential for expansion and value appreciation.
Sector Allocation:
The fund maintains a diversified portfolio across various sectors, with significant allocations to Financial Services, Consumer Goods, Healthcare, and Industrial Manufacturing. This diversified approach helps in spreading risk and capitalizing on growth opportunities across different sectors of the economy.
Last Year Returns:
Over the past year, Kotak Emerging Equity Scheme has delivered an impressive return of 45.9%. The fund’s performance is driven by its strategic stock selection and effective risk management practices, which have enabled it to capitalize on market opportunities in the mid-cap segment.
Risk Ratio:
The fund has a moderate to high-risk profile, suitable for investors with a higher risk tolerance looking for substantial capital appreciation. Mid-cap stocks are typically more volatile than large-cap stocks but offer higher growth potential. The fund’s risk management strategy includes thorough research and analysis of potential investments, ensuring a balanced risk-reward ratio.
Expense Ratio:
The fund has a competitive expense ratio of around 1.81%, which covers the costs associated with managing the fund, including administrative and operational expenses. This fee is in line with industry standards for funds with a similar investment strategy.
Minimum Investment:
Investors can start investing in the Kotak Emerging Equity Scheme with a minimum investment of ₹5,000 for a lump sum and ₹1,000 for a Systematic Investment Plan (SIP). This makes the fund accessible to a wide range of investors, from beginners to experienced ones.
Fund Manager:
Pankaj Tibrewal, the fund manager, brings extensive experience and expertise to the fund. His strategic approach and deep understanding of market dynamics have been instrumental in driving the fund’s strong performance.
Official Website:
For more detailed information, visit the Kotak Emerging Equity Scheme official website.
7. Nippon India Small Cap Fund: An Overview
Introduction:
Nippon India Small Cap Fund is a prominent mutual fund in India that focuses on investing in small-cap companies. Managed by Manish Gunwani, the fund aims to capitalize on the growth potential of small-cap stocks and has gained recognition for delivering strong returns over time.
Investment Type:
The Nippon India Small Cap Fund is categorized as a small-cap fund. It primarily invests in small-cap companies, which are firms with relatively smaller market capitalizations. These companies are often in the early stages of growth and have the potential for significant appreciation in value.
Sector Allocation:
The fund maintains a diversified portfolio across various sectors, with significant allocations to sectors such as Consumer Goods, Industrial Manufacturing, Financial Services, and Healthcare. This diversified approach helps in spreading risk and capturing growth opportunities across different sectors of the economy.
Last Year Returns:
Over the past year, Nippon India Small Cap Fund has delivered an impressive return of 54.2%. The fund’s performance is driven by its strategic stock selection and effective risk management practices, which have enabled it to capitalize on market opportunities in the small-cap segment.
Risk Ratio:
The fund has a high-risk profile, suitable for investors with a higher risk tolerance looking for substantial capital appreciation. Small-cap stocks are typically more volatile than large-cap stocks but offer higher growth potential. The fund’s risk management strategy includes rigorous research and analysis of potential investments, ensuring a balanced risk-reward ratio.
Expense Ratio:
The fund has a competitive expense ratio of around 2.11%, which covers the costs associated with managing the fund, including administrative and operational expenses. This fee is in line with industry standards for funds with a similar investment strategy.
Minimum Investment:
Investors can start investing in the Nippon India Small Cap Fund with a minimum investment of ₹5,000 for a lump sum and ₹1,000 for a Systematic Investment Plan (SIP). This accessibility makes the fund suitable for both retail and institutional investors seeking exposure to small-cap stocks.
Fund Manager:
Manish Gunwani, the fund manager, brings extensive experience and expertise to the fund. His strategic approach and deep understanding of market dynamics, particularly in the small-cap space, have been instrumental in driving the fund’s strong performance.
Official Website:
For more detailed information, visit the Nippon India Small Cap Fund official website.
Disclaimer:
The information provided in this blog is for educational and informational purposes only. It is not intended as investment advice, and should not be construed as such. Investing in mutual funds involves risk, including the possible loss of principal. Past performance of mutual funds mentioned in this blog is not indicative of future results.Before making any investment decision, readers should consider their own financial situation, investment objectives, and risk tolerance. It is recommended to consult with a qualified financial advisor or investment professional before investing in any mutual fund or financial product mentioned in this blog.