Top 5 equity mutual funds in each category with consistent returns

In my earlier post I laid down some rules to evaluate Large Cap funds

http://moneybhasa.blogspot.in/2017/02/top-5-large-cap-mutual-funds-with.html

In this post I will evaluate all equity mutual funds in different categories in a single post

  1. Large cap 
  2. Muti cap
  3. Mid/small cap
  4. Tax planning ELSS funds 



The criteria remains same and reproducing it below.
  1. The fund should have at least 10 years of history.
  2. The data from value research is used which lists returns over 1-year, 3-year, 5-year and 10-year periods.
  3. The  returns are as on date 24-Feb-2017.
  4. The weighed average return is calculated by assigning following weights based on duration of returns. Annual compounded returns are taken into consideration.
  • For 10 year returns weight is  40 out of 100
  • For 5 year returns weight    is  30 out of  100
  • For 3 year returns weight    is  20 out of 100
  • For 1 year returns weight    is  10 out of 100

Hence formula for weighed average returns

Weighed Average returns =  (40*(10 year return) + 30*(5 year return) + 20*(3 year return) + 10*(1 year return) )/ 100

 Large cap funds evaluation     

Notice HDFC TOP 200 making into final five due to extraordinary 1 year return and consistent returns over other periods in time.  A few months ago this would have not made into list due to poor returns but the bet finally payed off.

UTI Equity Fund has good return of 13.26% on a 10 year period, but average returns in other periods.

Quantum Long Term Equity Fund surprisingly is not so popular with low AUM, yet it sits on top. This fund is unique as it was launched online only with low fund management charges comparable to direct plans of  recent funds.

    Top 5 Large cap funds

  1. Quantum Long Term Equity Fund: 
  2. Birla Sun Life Frontline Equity Fund
  3. HDFC Top 200 Fund
  4. Birla Sun Life Top 100 Fund
  5. SBI Bluechip Fund


    Multi cap Funds evaluation


    Top 5 Multi cap Funds
  1. ICICI Prudential Value Discovery Fund
  2. Birla Sun Life Equity Fund
  3. Birla Sun Life Advantage Fund
  4. DSP BlackRock Opportunities Fund
  5. Kotak Opportunities Regular Plan
   


    Mid/small cap Funds evaluation



Top 5 Mid/small cap funds 

  1. Canara Robeco Emerging Equities Fund 
  2. Franklin India Smaller Companies Fund
  3. Sundaram Select Midcap Fund 
  4. L&T Midcap Fund
  5. DSP BlackRock Small and Mid Cap Fund 



      Tax saving Funds(ELSS) evaluation



Top 5 Tax savings funds

  1. Reliance Tax Saver Fund
  2. DSP BlackRock Tax Saver Fund
  3. Invesco India Tax Plan
  4. HSBC Tax Saver Equity Fund
  5. Franklin India Taxshield Fund




Comments

Aashish said…
The blog post is immensely helpful, thanks a lot.
February 28, 2017 at 11:12 PM
Dariya said…
Really best information ! useful to everyone thanks for sharing
Sundaram Mutual Fund
Sundaram Bluechip Fund
Nifty 100 TRI


September 18, 2020 at 1:39 AM
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