“When you’re an investor, you can look at the quantitative and qualitative elements of an investment, but there’s a third aspect: What you feel in your gut.”
– Kevin O’Leary
May be this is the prime aspect of your search for top 5 Mutual Funds. Do you know what is a mutual fund? You should well aware about the term MUTUAL FUND before investing your valuable money. As mutual funds definition, you can describe the mutual fund as a collection of money or fund from different investors or shareholders like you. Simply mutual fund is a medium of investment of the mutually invested money of the group of people in various stocks, bonds and other securities.
Now the next question in your mind is how do mutual funds work? mutual fund is managed by a professional investment manager who buys and sells securities or stocks and to raises money. As a investor, you become a “shareholder” of the mutual fund company. So you are liable to share the profit or loss of the particular fund.
As you can see that Fidelity® Nordic Fund (FNORX) is one of the highest performing international fund five year minimum in Miscellaneous Region, you can choose your suitable one by considering the factors like current NAV (Net asset value), mutual fund expense ratio, average mutual fund return, mutual fund dividends etc.
Top 5 Mutual Funds in India :
So we can help you to minimize your search for biggest mutual funds or largest mutual funds by providing the list of top 5 Mutual Funds.
1. BNP Paribas Equity Fund (G) :
This is a large cap, open-ended fund. It has some prestigious holdings like HDFC Bank Ltd (Net assets 8.64%), Bharti Airtel Ltd (Net assets 6.41%), Infosys Ltd (Net assets 6.16%), IndusInd Bank Ltd (Net assets 5.63%), Idea Cellular Ltd (Net assets 5.12%) etc.
Current NAV | 59.430 ⇑ 1.61 (2.78%) | |||
Launch date | 23/09/2004 | |||
52 weeks low/high as on 01.03.2016 | 57.82/71.77 | |||
Net Assets(Rs. ) | 81,588.49 Lakhs.( As on 31/12/2015) | |||
Benchmark Name | NIFTY 50 | |||
Average fund returns | 1 yr(%) | 2 Yr(%) | 3 Yr(%) | 5 Yr(%) |
-14.7 | 18.9 | 15.7 | 12.4 | |
Minimum Investment | Rs.5000 |
Regd. Office | 5th Floor, French Bank Building, 62 Homji Street, Fort, Mumbai, 400001 |
Tel. No. | 022-66560000 |
Fax No. | 022-66560040/ 89 |
investorcare@fortisinvestments.in | |
Website | www.bnpparibasmf.in |
Contact Details :
2. Kotak Select Focus Fund(G) :
It is also a large cap open-ended mutual fund whose annual return in the year of 2015 is 2.95%. The top holdings of this fund are Collateral Borrowing & Lending obligation (net assets 10.4%), HDFC Bank Ltd. (net assets 6.01%), Infosys Ltd. (net assets 5.43%), Reliance Industries Ltd. (net assets 4.16%), Ultratech Cement Ltd. (net assets 3.96%).
Current NAV | 21.163 ⇑ 0.03 (0.13%) | |||
Launch date | 11/09/2009 | |||
52 weeks low/high as on 01.03.2016 | 19.96 / 24.45 | |||
Net Assets(Rs. ) |
2,42,582.20 Lakhs.( As on 31/12/2015) | |||
Benchmark Name |
NIFTY 50 |
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Average fund returns | 1 yr(%) | 2 Yr(%) | 3 Yr(%) | 5 Yr(%) |
-11.2 | 21.8 | 18.8 | 13.9 | |
Minimum Investment |
Rs.5000 |
Contact Details :
Regd. Office | 5A, 5th Floor, Bhaktawar, 229 Nariman Point, Mumbai, 400021 |
Tel. No. | 91 22 6638 4444 |
Fax No. | 91 22 6638 4455 |
mutual@kotak.com | |
Website | http://www.kotakmutual.com |
3. SBI Blue Chip Fund (G) :
Another very secure and very profitable scheme is SBI Blue Chip Fund (G) which is ranked 1 in Large Cap category by Crisil. The top holdings of this fund are CBLO (Net assets 7.75%), HDFC Bank Ltd (Net assets 6.38%), Reliance Industries Ltd. (Net assets 5.78%), Sun Pharmaceuticals Industries Ltd. (Net assets 5.66%), Infosys Ltd. (Net assets 5.53%).
Current NAV | 26.87 ⇑ 0.03 (0.12%) | |||
Launch date | 20/01/2006 | |||
52 weeks low/high as on 01.03.2016 | 25.22 / 29.62 | |||
Net Assets(Rs. ) | 2,01,355.34 Lakhs.( As on 31/12/2015) | |||
Benchmark Name | S&P BSE 100 | |||
Average fund returns | 1 yr(%) | 2 Yr(%) | 3 Yr(%) | 5 Yr(%) |
-7.7 | 21.3 | 17.9 | 14.4 | |
Minimum Investment | Rs.5000 |
Contact Details :
Regd. Office | 191 Maker Towers E, Cuffe Parade, Mumbai, 400005 |
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Tel. No. | 91 22 22180221/ 27 |
Fax No. | 91 22 22189663 |
partnerforlife@sbimf.com | |
Website | http://www.sbimf.com |
4. Franklin India Blue Chip Fund(G) :
Franklin India Blue Chip Fund(G) is one of the best in large cap, open-ended mutual funds. You may invest in this scheme. the top holdings of this fund are HDFC Bank Ltd. (Net assets 7.52%), Infosys Ltd. (Net assets 7%), Call, Cash & Other Assets (Net assets 5.3%), Cognizant Technology Solutions Corp. (Net assets 4.87%), ICICI Bank Ltd. (Net assets 4.61%).
Current NAV | 330.46 ⇑ 1.10 (0.33%) | |||
Launch date | 01/12/1993 | |||
52 weeks low/high as on 01.03.2016 | 308.36 / 373.04 | |||
Net Assets(Rs. ) |
3,33,040.27 Lakhs.( As on 31/12/2015) | |||
Benchmark Name |
S&P BSE SENSEX |
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Average fund returns | 1 yr(%) | 2 Yr(%) | 3 Yr(%) | 5 Yr(%) |
-9.5 | 16.2 | 12.4 | 9.8 | |
Minimum Investment |
Rs.5000 |
Contact Details :
Regd. Office | Indiabulls Finance Centre; Tower 2, 12th and 13th Floor; Senapati Bapat Marg; Elphinstone Road (W) , 400013 |
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Tel. No. | 022-67519100 |
Fax No. | 022-66490622/66490627 |
service@templeton.com | |
Website | http://www.franklintempletonindia.com |
5. UTI MNC Fund (G) :
That open-ended fund is ranked 1 in Diversified Equity category by Crisil. The top holdings are Hindustan Unilever Ltd. (Net assets 7.79%), Bosch Ltd. (Net assets 6.47%), Maruti Suzuki India Ltd. (Net assets 6.40%), Ambuja Cements Ltd. (Net assets 5.48%), United Spirits Ltd. (Net assets 4.86%).
Current NAV | 138.177 ⇑ 0.09 (0.33%) | |||
Launch date | May 29, 1998 | |||
52 weeks low/high as on 01.03.2016 | 134.64 / 163.92 | |||
Net Assets(Rs. ) |
159629 Lakhs.( As on 31/12/2015) | |||
Benchmark Name |
NIFTY MNC |
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Average fund returns | 1 yr(%) | 2 Yr(%) | 3 Yr(%) | 5 Yr(%) |
-9.9 | 31.6 | 26.1 | 20.3 | |
Minimum Investment |
Rs.5000 |
Contact Details :
Regd. Office | UTI Tower, Gn Block, Bandra-Kurla Complex, Bandra (E), Mumbai, 400051 |
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Tel. No. | 66786666 |
Fax No. | 26524921 |
uti@giasbm01.vsnl.net.in | |
Website | http://www.utimf.com |
This is all about top 5 mutual funds. You may like Top 5 health Insurance.