Top 10 mutual funds to invest in 2018: Here’s how to get rich fast realistically Here best currency to invest in 2018 10 equity mutual funds that are good bets for the coming year and may make you rich fast. You can always make loads of money if you make investments for the long term. Financial experts say that with equity risk perceptions shaped by shorter time-periods, investors must take a longer view when it comes to their investments.
If your tenure is 7-10 years, there is almost an implicit assurance that you will do well if you put money in equity mutual funds with a good track-record and consistency in performance across market cycles. SBI Bluechip Fund: This is a large cap mutual fund which invests in the stocks of bluechip companies, suitable for long-term capital growth. Since 2006, this fund has given a high return grade while managing to keep risks low. Also, the fund, managed by Sohini Andani, has one of the lowest expense ratios in its large-cap active fund catgeory. The fund has comfortably beaten its peers and the benchmark since inception. It has a healthy return profile and is one of the rare true-blue large-cap focussed funds available in the marketplace.
Franklin India Prima Fund: In the midcap space, this is one of the most popular schemes and not without reason. The scheme has over the years easily delivered great returns by investing predominantly in small and mid-sized companies which tend to exhibit higher growth rates than well-established large-sized peers. The fund, presently managed by R. Janakiraman, has consistently declared a dividend every year for the last 17 years.
Kotak Emerging Equity Scheme: For investors looking for a relatively less volatile mid-cap offering, this is one of the best choices. Straddling between modest exposure and high conviction bets, the fund, managed by Pankaj Tibrewal, has been able to sport a better risk-reward profile than most peers. Since launch, the fund has given 13. Franklin India Smaller Companies Fund: Small-cap funds show great returns, but also contain higher risks. This fund is an outlier because across different time-periods, it has been able to strike a rare balance between risk and returns that is suited to retail investors. It has been a consistent outperformer and that can be attributed to its preference for businesses high on quality. E Fund: For investors who want to adopt a multi-cap approach, this fund is a good option.
Its value-conscious style of investing has already created a niche positioning. E ratio, but stays away from cheap stocks. Motilal Oswal MOSt Focused Multicap 35 Fund: Although much younger than many in its peer category, the fund has become a nearly Rs 10,000-crore scheme in just over 3 years. Having generated twice as wealth compared to its benchmark in the 3-year period, the fund’s secret sauce lies in its conviction in paying a premium for quality stocks that have high growth prospects. Its concentrated portfolio strategy has worked well as its picks have shown blazing growth.
HDFC Balanced Fund: This 17-year old fund with assets of over Rs 17,000 crore is among the biggest equity-oriented hybrid funds that one can find. It has emerged as a fund of choice for investors who seek stability in returns but are not afraid of dipping their feet in equity. With a stellar return track-record, this is among the safest funds for new investors to enter if they are looking for products with stable risk profile. SBI Magnum Balanced Fund: If you want a great balanced fund with an extremely long track-record, this is the fund you should consider. 3, 5 and 10-year period, this nearly 22-year-old fund is in a league of its own.