If you are adept with the concept of mutual funds, you will be aware of the plethora of funds one can choose from in the mutual fund industry.

In fact, there are various parameters you can choose from, based on your risk appetite and ideal investment duration.

Believing in attaining high returns? You can look to invest in small cap or mid cap funds. Conservative investor? Debt funds will come to your rescue.

In the words of Uday Kotak, “If you ask me, over time, I am a believer in the Indian financial saving story getting stronger; a lot more savers are moving money away from gold and real estate into mutual funds, insurance and equities”

In today’s article, I will talk about the 5 best mutual funds of 2019. These 5 funds have been chosen keeping in mind various parameters and fundamentals!

Let’s get started:

1. SBI Bluechip Fund

SBI Mutual Fund is one of the oldest and most reputed asset management companies in the industry.

SBI Bluechip funds is regarded as one of the best funds in the bluechip category. This is a large-cap fund, which means it invests in companies that have a market capitalization of 0-100.

Some of its major holdings are in HDFC, Larsen and Toubro and ITC Ltd.

The sectors it mostly concentrates on are financial (36%), automobile (9.1%) and construction (8.7%)

Key Details

 

Launch Date

29th June, 1987

AUM (Fund Size)

20,292 Cr

Minimum SIP Amount

₹500

Benchmark

Has consistently outperformed its benchmark BSE S&P 100

Expense Ratio

1.19 %

Risk Grade

Moderately High

You can place your bet in this fund if you want to invest in equities, but don’t want to delve into the high risk category.

2. L&T Midcap Fund

This fund was launched on 9th August, 2004 and is considered one of the best funds in the mid cap category.

This fund has consistently beaten its benchmark and has provided stable returns over the years. This is a midcap fund, which means, it invests in companies whose market capitalization is between 100 and 250.

Some of its major holdings are in RBL Bank Ltd, City Union Bank Ltd, Emami Ltd.

The sectors it mostly invests in are financial (20%), construction (15%), engineering (11%) and automobile (11%).

Key Details

 

Launch Date

3 Jan 1997

AUM (Fund Size)

3,665 Crores

Minimum SIP Amount

₹500

Benchmark

Has consistently outperformed its benchmark Nifty Free Float Midcap 100

Expense Ratio

0.93%

Risk Grade

High

If you are willing to take a certain amount of risk to attain returns, then this is the fund you can consider putting your money in.

3. HDFC Small Cap Fund

Small cap funds are characterized for users who want to invest in funds that give high returns, but are characterized with high risk.

HDFC Small Cap is one of the most popular small cap funds in the category. The fund is managed by Chirag Setalvad and has constantly beaten its benchmark over the years.

Its major holdings are in NIIT Technologies Ltd, Sonata Software Ltd, Aurobindo Pharma Ltd.

The top sectors it invests in are services (18.6%), chemicals (17.7%), financial (10.1%).

Key Details

 

Launch Date

30th June 2000

AUM (Fund Size)

6,164 Crores

Minimum SIP Amount

₹500

Benchmark

Has consistently outperformed its benchmark NIFTY Small-cap 100 TRI

Expense Ratio

0.81%

Risk Grade

Moderately High

Small cap funds are generally volatile in nature, however they provide high returns. If you are looking for long-term capital appreciation, then you can consider investing in this fund.

4. SBI Equity Hybrid Fund

Another one from SBI Mutual Funds. SBI Equity and Hybrid Fund is an equity oriented hybrid fund, which means it invests 60% in equities and 40% in debt.

Hybrid funds are popular among investors because they invest in both, equity and debt.

This fund has its major holdings in HDFC Bank Ltd, State Bank of India and GOI.

The major sectors it invests in are financial (37.4%), services (14.0%), technology

(10.0%).

Key Details

 

Launch Date

29 Jun 1987

AUM (Fund Size)

₹28,049 Crores

Minimum SIP Amount

₹500

Benchmark

Outperformed its benchmark CRISIL Hybrid 35+65 Aggressive

Expense Ratio

1.30%

Risk Grade

Moderately High

This fund is suitable for investors who have a moderate risk appetite and are willing to invest for a duration of 3-4 years.

5. Axis Liquid Fund

We now move to the debt category, which are low risk funds and are comparatively less volatile. These funds provide lower returns compared to equity funds and are ideally recommended for a lower duration.

Axis liquid fund is considered one of the best funds in the liquid debt category. The fund is relatively stable and recommended for investors who have a relatively low risk appetite

Top holdings of this fund are in Chennai Petroleum Corpn. Ltd, National Thermal Power Corp. Ltd, National Bank For Agriculture & Rural Development.

The major sector it targets are financial (55%), energy (12.9%), metal (5.9%).

Key Details

 

Launch Date

4 Sep 2009

AUM (Fund Size)

₹87,578 Cr

Minimum SIP Amount

Not Supported

Benchmark

Risk is lower than benchmark, NIFTY Liquid Fund TR

Expense Ratio

0.16%

Risk Grade

Low

Now that you’re aware of the best funds from various categories, you can choose which one coincides with your risk appetite and invest in it.

But remember, no investment platform can guarantee 100% positive returns. The trick is to stay in the game despite the volatility!