Mumbai: The Sensex and Nifty fell in the red for 8th straight session yesterday, despite slightly positive global indications.
Though a lot of money has been lost in the market due to battering down of most of the stocks, it seems to be a good opportunity to top up your Mutual fund investments or start an SIP.
Here are some assorted Mutual Funds which have delivered high returns over past 3 years, you may look at:
Large Cap Equity:
|
Scheme |
Fund Size (Rs. Cr.) |
3 Year Returns (%) |
| Mirae Asset Emerging Bluechip Fund (Regular) |
6,367 |
19.98 |
| ICICI Prudential Bluechip Fund |
19,863 |
14.66 |
| Aditya Birla Sun Life Frontline Equity Fund |
20,784 |
12.63 |
| Franklin India Bluechip Fund |
7,685 |
10.95 |
Aggressive Hybrid:
|
Scheme |
Fund Size (Rs. Cr.) |
3 Year’s Returns (%) |
| HDFC Hybrid Equity Fund |
21,700 |
13.25 |
| ICICI Prudential Equity and Debt Fund |
25,900 |
13.03 |
| Aditya Birla Sun Life Equity Hybrid ’95 Fund |
13,372 |
10.56 |
Small and Mid Cap:
|
Scheme |
Fund Size (Rs. Cr.) |
3 Year’s Returns (%) |
| L&T Midcap Fund |
3,664 |
15.36 |
| HDFC Small Cap Fund
(Regular Plan) |
6,163 |
19.05 |
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It may however be noted that the value of Mutual Funds’ NAV would depend on the underlying securities, hence, past trends may not necessary translate into future returns.
Also, pure Debt funds have not been considered in this article as the risk to reward ratio in falling markets is skewed in favour of equity funds and experts advice investing in them for higher returns.
Disclaimer: Consult a Financial Advisor before making any investment or a financial decision.