Equity mutual funds are best for those people who can’t commit time for investing in direct equities and are also proved to the one of the best avenues to multiply money, although the risk of losing some percentage of the capital invested during the down time of the stock markets as the underlying asset is equities but if continued for longer tenure (read greater than 10 years) the chances of getting good returns is always possible. Everyone look after Top Equity Mutual Funds that have proven track record of beating their benchmarks and offer better returns but shortlisting the best & top equity mutual funds is no more a rocket science and you can do it yourself using the step by step guide for selecting top equity mutual funds.
I have shortlisted the top equity mutual funds based on the parameters discussed in the mutual fund selector article and sharing here for the benefit of readers.
Before I start, you should know that I have considered the regular plans of mutual funds as the direct funds don’t have the history to access and evaluate mutual funds. As always I would suggest you to go with direct plans offered by the fund houses. Also note that I have considered all equity mutual funds excluding sector based funds. In future articles I will publish more about specific equity fund categories like large cap, small cap, mutli cap etc.
Best & Top 5 Equity Mutual Funds
Franklin India Bluechip Fund
Franklin India Bluechip Fund is one the most oldest mutual funds available in India, it is an open ended diversified equity mutual fund and targets those who have moderately high risk appetite and are looking to invest for long term. The primary focus of this fund is on large cap companies with good track record.
Franklin India Bluechip Fund Performance
Franklin India Bluechip Fund Year on Year Returns
ICICI Pru Focused Bluechip Fund
ICICI Pru Focused Bluechip Fund is also a diversified equity fund and invests in a diversified portfolio, the fund invests primarily in large cap equity companies/securities and have offered good returns when continued for a long term and have consistently beat its benchmark.
ICICI Pru Focused Bluechip Fund Performance
ICICI Pru Focused Bluechip Fund Year on Year Returns
Mirae Asset Emerging Bluechip Fund
Mirae Asset Emerging Bluechip Fund is the multi cap fund that invests in emerging companies that are potential to be set as large cap in future and thus delivered a good growth since the inception of this fund. Mirae Asset Emerging Bluechip Fund have succeeded in identifying and recognizing the potential of the companies which have reflected in its performance. As per the risk meter this fund is suitable for people who can take moderately high risk.
Mirae Asset Emerging Bluechip Fund Performance
Mirae Asset Emerging Bluechip Fund Year on Year Returns
IDFC Premier Equity Fund
IDFC Premier Equity Fund is one of the good and proven small and mid cap mutual funds that have offered very good returns for the investors. IDFC Premier Equity Fund suits for those investor with high risk appetite and it invests predominantly in small cap and mid cap companies.
IDFC Premier Equity Fund Performance
IDFC Premier Equity Fund Year on Year Returns
Reliance Equity Opportunities Fund
Reliance Equity Opportunities Fund is a diversified equity mutual funds which invests in all large, mid and small cap companies with a proven track record of delivering the excellence and beating its benchmarks. This fund has good potential in delivering good returns in up trends.
Reliance Equity Opportunities Fund Performance
Reliance Equity Opportunities Fund Year on Year Returns
What are Top Equity Mutual Funds Based on Returns & Risk Factors?
Top 10 Equity Mutual Funds Based on 10 Year Returns
|#||Name of Equity Mutual Fund||10 Year Returns|
|1||IDFC Premier Equity Fund||22.34|
|2||Sundaram Select Midcap Fund||20.69|
|3||ICICI Prudential Value Discovery Fund||19.22|
|4||Reliance Equity Opportunities Fund||18.43|
|5||Reliance Regular Savings Fund – Equity Option||18.38|
|6||Sundaram S.M.I.L.E. Fund||18.33|
|7||SBI Magnum Global Fund||17.48|
|8||Franklin India Prima Plus Fund||17.47|
|9||Birla Sun Life Mid Cap Fund||17.34|
|10||Canara Robeco Emerging Equities Fund||17.3|
10 Top Equity Mutual Funds Based on 5 Year Returns
|#||Name of Equity Mutual Fund||5 Year Returns|
|1||Mirae Asset Emerging Bluechip Fund||22.65|
|2||Reliance Small Cap Fund||21.99|
|3||Canara Robeco Emerging Equities Fund||21.41|
|4||Franklin India Smaller Companies Fund||20.47|
|5||DSP BlackRock Micro Cap Fund||20|
|6||SBI Magnum Midcap Fund||19.37|
|7||BNP Paribas Midcap Fund||19.03|
|8||Axis Long Term Equity Fund||18.74|
|9||UTI Mid Cap Fund||18.67|
|10||Religare Invesco Mid N Small Cap Fund||17.87|
10 Top Equity Mutual Funds Based on 3 Year Returns
|#||Name of Equity Mutual Fund||3 Year Returns|
|1||Reliance Small Cap Fund||36.27|
|2||DSP BlackRock Micro Cap Fund||34.82|
|3||Franklin India Smaller Companies Fund||34.14|
|4||Mirae Asset Emerging Bluechip Fund||33.14|
|5||Canara Robeco Emerging Equities Fund||32.69|
|6||SBI Magnum Midcap Fund||32.36|
|7||UTI Mid Cap Fund||31.84|
|8||Birla Sun Life Pure Value Fund||30.47|
|9||Sundaram S.M.I.L.E. Fund||30.42|
|10||JP Morgan India Mid and Small Cap Fund||30.34|
Best 5 Equity Mutual Funds Based on Standard Deviation
|#||Name of Equity Mutual Fund||Standard Deviation|
|1||Tata Ethical Fund||10.8|
|2||Religare Invesco Dynamic Equity Fund||11.33|
|3||Birla Sun Life Asset Allocation Fund||11.5|
|4||Tata Pure Equity Fund||12.08|
|5||ICICI Prudential Dynamic Fund||12.41|
Best 5 Equity Mutual Funds Based on Alpha
|#||Name of Equity Mutual Fund||Alpha|
|1||Reliance Small Cap Fund||22.05|
|2||DSP BlackRock Micro Cap Fund||21|
|3||Franklin India Smaller Companies Fund||20.23|
|4||Mirae Asset Emerging Bluechip Fund||19.36|
|5||SBI Magnum Midcap Fund||19.24|
5 Best Equity Mutual Funds Based on Sharpe Ratio
|#||Name of Equity Mutual Fund||Sharpe Ratio|
|1||Mirae Asset Emerging Bluechip Fund||1.5|
|2||Franklin India Smaller Companies Fund||1.49|
|3||SBI Magnum Midcap Fund||1.44|
|4||DSP BlackRock Micro Cap Fund||1.37|
|5||Axis Long Term Equity Fund||1.36|
Between Us: What are the equity mutual funds you are investing currently and what are the top performing funds in your portfolio and what are the laggards or not as per your expectations and also share your feedback on the funds we have shortlisted for you. If you are the first time investor I would suggest to stick with diversified equity mutual funds. Please share your views and ask any questions if you have any.