If you have invested in mutual funds two or three years back and feel regretful after looking at the underperformance of mutual funds vis-a-vis fixed deposits. In such a case, you need to understand one point. Equity or equity linked products like mutual funds doesnt offer guaranteed returns like fixed deposits do. Secondly, one need to have 3 to 5 year investment horizon and follow a systematic investment approach where you can average your investments at lower levels of stock markets also.
In this article, I am going to discuss some of the best equity mutual funds which can offer good returns in next 3-5 years. Any fund which holds more than 65% allocation in equities is known as equity fund.
Best Large Cap Funds are HDFC Top 200 Fund, ICICI Focused Bluechip Fund, Fidelity Equity Fund, DSP Black Rock Top 100 Fund.
Among the multi cap funds category, I personally like HDFC Equity Fund which is one of the oldest fund in the mutual funds. Mutual Funds with around 50% allocation to large cap stocks are termed as multi cap funds. Reliance Equity Opportunities is a another good fund in this multi fund category.
If you are looking to invest in monthly income plans in 2012, you may choose HDFC MIP long term which is a consistent performer in this category.
Among the balanced mutual funds, I have no doubts to choose HDFC Prudence Fund, although it is facing tough competition from the fund of same fund house, HDFC Balanced Fund
This article is written by Mr. Mayank Gupta who blogs at WealthBazaar and writes on mutual funds india
In this article, I am going to discuss some of the best equity mutual funds which can offer good returns in next 3-5 years. Any fund which holds more than 65% allocation in equities is known as equity fund.
Best Large Cap Funds are HDFC Top 200 Fund, ICICI Focused Bluechip Fund, Fidelity Equity Fund, DSP Black Rock Top 100 Fund.
Among the multi cap funds category, I personally like HDFC Equity Fund which is one of the oldest fund in the mutual funds. Mutual Funds with around 50% allocation to large cap stocks are termed as multi cap funds. Reliance Equity Opportunities is a another good fund in this multi fund category.
If you are looking to invest in monthly income plans in 2012, you may choose HDFC MIP long term which is a consistent performer in this category.
Among the balanced mutual funds, I have no doubts to choose HDFC Prudence Fund, although it is facing tough competition from the fund of same fund house, HDFC Balanced Fund
This article is written by Mr. Mayank Gupta who blogs at WealthBazaar and writes on mutual funds india
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