Navigating the financial marketplace, especially the realm of mutual funds, requires detailed understanding and robust strategic planning. With numerous options to choose from, identifying the top performing mutual funds in India can be a daunting task. This article provides a comprehensive mutual funds list and shed light on some of the top fund managers orchestrating these funds. However, it’s crucial to remember that investing in the Indian financial markets involves both opportunities and risks, and one must thoroughly assess all aspects before making any investments.
Understanding Mutual Funds
A mutual fund is a form of investment where professional managers pool money from multiple investors to acquire securities like stocks, bonds, money market instruments, and other assets. Investors own units, representing a portion of the fund’s holdings. One of the primary advantages of mutual funds is diversification, which spreads risk across a wide array of assets, thereby potentially reducing overall risk exposure.
Top Performing Mutual Funds List in India
1. Axis Bluechip Fund
Category: Large Cap
Fund Manager: Shreyash Devalkar
AUM: ₹29,857 Crore
1Year Returns: 36.40%
5Year Returns: 15.70%
2. Mirae Asset Emerging Bluechip Fund
Category: Large & Mid Cap
Fund Managers: Neelesh Surana, Ankit Jain
AUM: ₹21,873 Crore
1Year Returns: 42.01%
5Year Returns: 19.02%
3. Kotak Standard Multicap Fund
Category: Multi Cap
Fund Manager: Harsha Upadhyaya
AUM: ₹34,941 Crore
1Year Returns: 34.56%
5Year Returns: 18.29%
4. HDFC Small Cap Fund
Category: Small Cap
Fund Manager: Chirag Setalvad
AUM: ₹10,376 Crore
1Year Returns: 66.17%
5Year Returns: 18.86%
5. SBI Focused Equity Fund
Category: Focused Fund
Fund Manager: R. Srinivasan
AUM: ₹16,357 Crore
1Year Returns: 32.76%
5Year Returns: 18.53%
Key Performance Indicators
Understanding the historic performance of these funds helps gauge their profitability and reliability:
- Axis Bluechip Fund: Demonstrates consistent performance across large cap stocks, yielding substantial returns over a 5year period with controlled risk parameters.
- Mirae Asset Emerging Bluechip Fund: Combines benefits of large and mid cap investments, providing a balanced approach to potential growth and stability.
- Kotak Standard Multicap Fund: Utilizes a diversified multi cap strategy to leverage varied market conditions, ensuring sustained growth periods.
- HDFC Small Cap Fund: Capitalizes on smaller, high growth potential companies, offering significantly higher returns albeit with commensurate risk.
- SBI Focused Equity Fund: Focuses on a limited set of high conviction equity picks, leveraging concentrated investments to maximize returns.
Evaluating the Top Fund Managers
Analyzing the fund managers behind these successful mutual funds can provide insight into their investment strategies and philosophy:
- Shreyash Devalkar (Axis Bluechip Fund): Focuses on selecting highquality stocks with steady earnings growth potential and reasonable valuations.
- Neelesh Surana and Ankit Jain (Mirae Asset Emerging Bluechip Fund): Prioritizes fundamental researchdriven approaches with an emphasis on robust risk management techniques.
- Harsha Upadhyaya (Kotak Standard Multicap Fund): Employs a dynamic approach to select performing stocks across market capitalizations, ensuring diversified investment returns.
- Chirag Setalvad (HDFC Small Cap Fund): Known for identifying high growth potential small companies early in their growth cycle, leading to substantial wealth creation.
- R. Srinivasan (SBI Focused Equity Fund): Leveraging focused strategies on select quality stocks, Srinivasan aims for concentrated high returns with controlled portfolio risk.
Conclusion
Choosing the right mutual fund to invest in is a significant decision for any investor. The mutual funds list provided above highlights some of the best performing funds in India, managed by top fund managers who have demonstrated skill in navigating various market conditions and delivering consistent returns.
Disclaimer
While the outlined mutual funds represent top performers in the industry, mutual fund investments are subject to market risks. Past performance is not indicative of future returns, and investors must carefully analyze all pros and cons of participating in the Indian financial markets. It is advisable to consult with a financial advisor to determine the most suitable investment strategy in alignment with individual financial goals and risk tolerance.
Read also: best mutual funds apps in India
Summary
Investing in top performing mutual funds in India necessitates a blend of understanding market dynamics, the expertise of fund managers, and strategic asset allocation. This article offers a detailed mutual funds list featuring highperforming funds such as Axis Bluechip Fund, Mirae Asset Emerging Bluechip Fund, and others, highlighting their impressive returns and the fund managers driving their success. Recognizing that investments carry inherent risks, a thorough analysis and professional consultation are crucial before venturing into the financial markets.