hisureshkumar

[hisureshkumar]

Looking for the Best Mid cap Mutual Funds to invest in 2025? Check out our top 5 picks, investment strategies, and risks to watch out for. Start investing today!

[hisureshkumar]

Laxmi Dental IPO Review: Explore insights into Laxmi Dental Limited's ₹698.06 Cr IPO, its fundamentals, financials, valuation, and growth prospects in the booming dental industry. Is this IPO worth investing in? Read to find out

[hisureshkumar]

Explore the best mutual funds for long-term growth in 2025. Discover top-performing funds across large-cap, mid-cap, small-cap, flexi-cap, and more. Start your investment journey today.

[hisureshkumar]

Standard Glass Lining IPO opens on January 6, 2025. Read our detailed review covering financials, valuation, risks, and investment analysis. Should you invest? Find out now!

[hisureshkumar]

Which are the Top 5 Best Largecap Mutual Funds to invest in 2025 in India? Know the reasons and to whom such funds are suitable.

[hisureshkumar]

This article is about 5 Mutual Funds with 1-Year Returns between 46% to 58% till Nov-2024. Should you invest in such funds?

[hisureshkumar]

KLM Axiva Finvest NCD Nov-2024 issue opens on November 14, 2024. Should you invest or avoid?

[hisureshkumar]

12 Worst Performing Mutual Funds in last 3 years (-13.3% to -0.1% Annualised Returns)

Nifty touched 23,000 this week and took some break with small correction. Many mutual fund schemes are outperforming the benchmarks. However, there are some funds which are lagging behind and many investors who have invested in them might not be even aware of it. These are calmly erasing the wealth of those investors. In this article we would talk about 12 Worst Performing Mutual Funds in the last 3 years (1-Jun-2021 to 31-May-2024) that have generated negative or low returns, along with our view about such funds. This would help investors not to get into any trap and screw up their investments.

How did we filter the worst performing funds over the last 3 years?

We considered all equity mutual funds, including sector funds, thematic mutual funds and global funds, but we excluded ETFs for this analysis. Since we focused on the past 3 years' performance, any fund launched in less than 3 years is not included in this list. We got list of 416 equity mutual funds after filtering this. To identify the worst performing funds, we sorted the funds based on their returns over the last 3 years. There are 12 mutual fund schemes that generated negative returns in the last 3 years.  Earlier we wrote article about 10 Worst Performing Mutual Funds in the last 10 years and we could see some funds being repeated even in this list These 12 mutual funds generated annualized returns ranging from -13% to -0.1%. You might be wondering when stock markets reached a peak, we should see mutual funds doubling or tripling in short to medium term, in contrary these are posting negative returns. Means these funds are hiding behind and erasing the wealth of the investors.

Let's get into more details about such funds.

List of Top 12 Worst Performing Mutual Funds in the Last 3 years

Here are the top 12 worst mutual funds that generated annualized returns ranging from -13% to -0.1% over the last 3 years: #1 - Edelweiss Greater China Equity Off-shore Fund - Minus 13.3% #2 - Invesco India - Invesco Global Consumer Trends FoF - Minus 10.5% #3 - DSP World Agriculture Fund - Minus 8.9% #4 - Axis Greater China Equity FoF - Minus 8.4% #5 - PGIM India Emerging Markets Equity Fund - Minus 8% #6 - Edelweiss Emerging Markets Opportunities Equity Offshore Fund - Minus 5.2% #7 - Franklin Asian Equity Fund - Minus 4.5% #8 - HSBC Global Emerging Markets Fund - Minus 2.7% #9 - HSBC Brazil Fund - Minus 2.6% #10 - Kotak Global Emerging Market - Minus 1.6% #11 - Kotak International REIT FOF - Minus 1.7% #12 - DSP World Gold FoF - Minus 0.1%

12 Worst Performing Mutual Funds in the Last 3 years – Deep Dive into these funds

Now let into more details about these funds. #1 - Edelweiss Greater China Equity Off-shore Fund - 3 Years Annualised Returns - Minus 13.3% Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation by investing in JPMorgan Funds - Greater China Fund, an equity fund which invests primarily in a diversified portfolio of companies that are domiciled in, or carrying out the main part of their economic activity in, a country of Greater China region. Performance Details Absolute Returns of the fund (Direct Plans) - 1-Year Return: 0.2% - 2-Year Return: minus 3.1% - 3-Year Return: minus 33.1% - 5-Year Return: 47.2% - 10-Year Return: 132.8.1% Annualised Returns of the fund (Direct Plans) - 1-Year Return: 0.2% - 2-Year Annualised Return: minus 1.56% - 3-Year Annualised Return: minus 13.3% - 5-Year Annualised Return: 8.8% - 10-Year Annualised Return: 8.8% Our View: - This is a global mutual fund that invests in another fund which invests in stocks of china. Global funds are riskier as these have geo-political risks, foreign exchange conversion risk etc., - Its underlying China fund top-10 share holdings are Tencent, Taiwan Semiconductor, Meituan Class, AIA, NetEase, Trip.com, Quantacomputer, HKEX and Realtek Semiconductor. - According to CNN report, China stock markets have lost USD 6 trillion in the last 3 years due to various problems including a record downturn in real estate, deflation, debt, a falling birthrate and shrinking workforce, as well as a shift towards ideology-driven policies that has rattled the private sector and scared away foreign firms - This fund has generated 9.3% annualized returns since inception. - This fund was part of earlier article on 10 Worst Performing Mutual Fund in the last 1 year. - China’s market have been underperforming in the last 3 years and there is no sign of revival at this point of time. If you have already invested in such mutual funds, you may hold for some more time before exiting such funds. Avoid any fresh investments and stop SIPs. #2 - Invesco India - Invesco Global Consumer Trends FoF - 3 Years Annualised Returns - Minus 10.5% Investment Objective: To provide long-term capital appreciation by investing predominantly in units of Invesco Global Consumer Trends Fund, an overseas fund which invests in an international portfolio of companies predominantly engaged in the design, production or distribution of products and services related to the discretionary consumer needs of individuals. Performance Details Absolute Returns of the fund (Direct Plans) - 1-Year Return: 13.5% - 2-Year Return: 10.7% - 3-Year Return: minus 28.5% Annualised Returns of the fund (Direct Plans) - 1-Year Return: 13.5% - 2-Year Annualised Return: 5.2% - 3-Year Annualised Return: minus 10.5% Our View: - This is a global mutual fund that invests in another fund which invests across companies except for UK. Global funds are riskier as these have geo-political risks, foreign exchange conversion risk etc., - Its underlying fund top-10 share holdings are Amazon, Meta, DraftKings, Uber, Microsoft, Netflix, Lowe, Mercadolibre, Tesla and Advanced Micro Devices. - This fund has generated minus 7.3% annualised return since inception. - This fund invests in companies that are upcoming with innovative products. Generally, such funds are highly volatile as we do not know whether such innovative companies would be able to perform well in the short term, however, can generate significant wealth for medium to long term. If you have already invested in such funds, continue to invest for some more time. #3 - DSP World Agriculture Fund - 3 Years Annualised Returns - Minus – 8.9% Investment Objective: The primary investment objective of the scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global Funds - Nutrition Fund (BGF - NF). Performance Details Absolute Returns of the fund (Direct Plans) - 1-Year Return: minus 4.5% - 2-Year Return: minus 12.8% - 3-Year Return: minus 24.6% - 5-Year Return: 14.8% - 10-Year Return: 28.3% Annualised Returns of the fund (Direct Plans) - 1-Year Return: minus 4.5% - 2-Year Return: minus 6.6% - 3-Year Return: minus 8.9% - 5-Year Return: 2.8% - 10-Year Return: 2.5% Our View: - This is an international fund and underlying fund invests primarily in companies that are into food and agricultural value chain. - Its underlying fund top-10 share holdings are Nestle SA, Zoetis, John Bean Tech, Compass Group, Graphic Packaging, Symrise AG, Bunge Global, Jamieson Wellness and AGCO Corp. - This fund has generated 3.5% annualised returns since inception. Even investing in a simple bank FD would have generated higher returns. The hidden fact is that the underlying fund has generated zero returns in the last 13 years. - If you have invested in such funds, you may review and exit appropriately. #4 - Axis Greater China Equity FoF - 3 Years Annualised Returns - Minus 8.4% Investment Objective: To provide long term capital appreciation by predominantly investing in units of Schroder International Selection Fund Greater China, a fund that aims to provide capital growth by investing in equity and equity related securities of People's Republic of China, Hong Kong SAR and Taiwan companies. Performance Details Absolute Returns of the fund (Direct Plans) - 1-Year Return: 4% - 2-Year Return: 1.7% - 3-Year Return: minus 23.3% - Return since inception: minus 27.7% Annualised Returns of the fund (Direct Plans) - 1-Year Return: 4% - 2-Year Annualised Return: 0.8% - 3-Year Annualised Return: minus 8.4% - Return since inception: minus 9.44% Our View: - Even this is a global mutual fund that invests in another fund which invests in companies of China and Hongkong. Global funds are riskier as these have geo-political risks, foreign exchange conversion risk etc., - Its underlying fund top-5 share holdings are Taiwan Semiconductor, Tencent, Alibaba Group, AIA Group and Media Tek Inc. - This underlying fund has generated 2.3% annualised return in the last 5 years. - Like I indicated in earlier sections, China and Hongkong markets have been falling in the last 3 years with no signs of revival in near term. If you have already invested in such mutual funds, you may hold for some more time. Avoid making fresh investments or SIPs for now. #5 - PGIM India Emerging Markets Equity Fund - 3 Years Annualised Returns - Minus 8% Investment Objective: This fund invests in another fund named PGIM Jennison Emerging Markets Equity Fund. The primary investment objective of the scheme is to generate long-term capital growth by investing in the units of PGIM Jennison Emerging Markets Equity Fund, which primarily invests in equity and equity-related securities of companies located in or economically tied to emerging markets countries. Performance Details Absolute Returns of the fund (Direct Plan) - 1-Year Return: 27.1% - 2-Year Return: 22.2% - 3-Year Return: minus 22.1% - 5-Year Return: 15.8% - 10-Year Return: 21.7% Annualised Returns of the fund (Direct Plans) - 1-Year Return: 27.1% - 2-Year Return: 10.5% - 3-Year Return: minus 8% - 5-Year Return: 3% - 10-Year Return: 2% Our View: - This is a global mutual fund that invests in another fund focused on rapidly growing companies around the developing world. - Its underlying fund currently invests in India, Taiwan, China, Brazil, South Korea, etc. - Top 10 holdings include Taiwan Semiconductor, Makemytrip, NU Holdings, Varun Beverages, M&M, XP-Class A, Mercadolibre, Meituan, KE Holdings etc., - This fund has generated 3.8% annualized returns since inception. - We have highlighted this fund earlier indicating this as Worst Performing SIP Mutual Fund in the last 3 years, 5 years and 10 years time frame. - If you have already invested in such mutual funds, you may consider holding for some more time before exiting. Avoid making any fresh investments or SIPs now. #6 - Franklin Asian Equity Fund - 3 Years Annualised Returns - Minus 5.8% Investment Objective: The scheme aims to provide medium to long term capital appreciation through investment in Asian companies/sectors, excluding Japan. Performance Details Absolute Returns of the fund (Direct Plans) - 1-Year Return: 7.9% - 2-Year Return: 7.5% - 3-Year Return: minus 12.9% - 5-Year Return: 33.9% - 10-Year Return: 96.1% Annualised Returns of the fund (Direct Plans) - 1-Year Return: 7.9% - 2-Year Return: 3.7% - 3-Year Return: minus 4.5% - 5-Year Return: 6% - 10-Year Return: 6.9% Our View: - This is a global fund that invests in companies in the Asian market ex-Japan. - Its underlying fund top-10 share holdings are Taiwan Semiconductor, Samsung Electronics, ICICI Bank, Tencent, HDFC Bank, Reliance, L&T, Zomato, AIA Group and Hyundai Motors. - This fund has generated 7.2% annualised returns since inception. You can get such returns even by investing in a simple fixed deposit without taking risks. - Majority of its portfolio is in China region where for such stock markets there is no sign of revival for now. If you have already invested in such mutual funds, you may hold for some more time. Avoid any fresh investments or fresh funds through SIP. #7 - Edelweiss Emerging Markets Opportunities Equity Offshore Fund - 3 Years Annualised Returns - Minus 5.2% Investment Objective: The scheme seeks to provide long term capital growth by investing predominantly in the JPMorgan Funds - Emerging Markets Opportunities Fund, an equity fund which invests primarily in an aggressively managed portfolio of emerging market companies. Performance Details Absolute Returns of the fund (Direct Plan) - 1-Year Return: 9.9% - 2-Year Return: 7.9% - 3-Year Return: minus 14.8% - 5-Year Return: 29.6% Annualised Returns of the fund (Direct Plans) - 1-Year Return: 9.9% - 2-Year Return: 3.8% - 3-Year Return: minus 5.2% - 5-Year Return: 5.3% Our View: - This is a global mutual fund that invests in another fund focused emerging market. - Its underlying fund currently invests in India, Taiwan, China, Brazil, South Korea, etc. - Top 10 holdings include Taiwan Semiconductor, Tencent Holdings, Samsung Electronics, Reliance Industries, Wal Mart de Mexico SAB, HDFC Bank, China Construction Bank, Kia Corp and Haier Smart Home - This fund has generated 4.8% annualized returns since inception. - If you have already invested in such mutual funds, you may consider holding for some more time before exiting. Avoid making any fresh investments or SIPs now. #8 - HSBC Global Emerging Markets Fund - 3 Years Annualised Returns - Minus 2.7% Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units/shares of HSBC Global Investment Funds - Global Emerging Markets Equity Fund. Performance Details Absolute Returns of the fund (Direct Plan) - 1-Year Return: 10.8% - 2-Year Return: 3.5% - 3-Year Return: minus 8% - 5-Year Return: 43.1% - 10-Year Return: 72.2% Annualised Returns of the fund (Direct Plans) - 1-Year Return: 10.8% - 2-Year Return: 1.5% - 3-Year Return: minus 2.7% - 5-Year Return: 7.4% - 10-Year Return: 5.5% Our View: - This is a global mutual fund that invests in another fund focused emerging market. - Its underlying fund currently invests in India, Taiwan, China, Brazil, South Korea, etc. - Top 10 holdings include Taiwan Semiconductor, Tencent Holdings, Samsung Electronics, Reliance Industries, Wal Mart de Mexico SAB, HDFC Bank, China Construction Bank, Kia Corp and Haier Smart Home - This fund has generated 4.8% annualized returns since inception. - This fund was part of 5 Worst Performing Mutual Funds in the last 5 years article too. - If you have already invested in such mutual funds, you may consider holding for some more time before exiting. Avoid making any fresh investments or SIPs now. #9 - HSBC Brazil Fund - Minus 2.6% Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units/shares of HSBC Global Investment Funds (HGIF) Brazil Equity Fund. Performance Details Absolute Returns of the fund (Direct Plan) - 1-Year Return: 0.7% - 2-Year Return: minus 4.2% - 3-Year Return: minus 7.7% - 5-Year Return: 15% - 10-Year Return: 17% Annualised Returns of the fund (Direct Plans) - 1-Year Return: 0.7% - 2-Year Return: minus 2.1% - 3-Year Return: minus 2.6% - 5-Year Return: minus 3.1% - 10-Year Return: minus 1.8% Our View: - This is a global mutual fund that invests in another fund, focusing on companies in Brazil. - Its underlying fund allocates 96% to Brazilian equity and 4% to TREPS. - Top 10 holdings include Vale Do Rio Doce, Banco Bradesco SA, Petroleo Brasileiro SA Petrobras, Itau Unibanco Holding SA, Banco BTG Pactual SA, WEG SA, B3 SA Brasil Bolsa Balcao, Suzano SA, Prio SA and Basic Sanitation Company of the State of Sao Paulo. - The fund has generated minus 2.6% annualized returns since inception. - According to a report from Nasdaq on the Brazil Stock Market, anticipated further decline in inflation to 4% by the close of 2024 suggests considerable potential for interest rate reductions, expected to provide favorable support for both equities and bonds in Brazil. - If you have already invested in such mutual funds, you may consider holding for some more time. Avoid making any fresh investments or SIPs now. #10 - Kotak Global Emerging Market Fund - 3 Years Annualised Returns - Minus 1.6% Investment Objective: The scheme aims to invest a greater proportion of assets in overseas mutual funds investing in globally emerging market funds. Performance Details Absolute Returns of the fund (Direct Plans) - 1-Year Return: 14.5% - 2-Year Return: 11.4% - 3-Year Return: minus 4.8% - 5-Year Return: 50.2% - 10-Year Return: 69% Annualised Returns of the fund (Direct Plans) - 1-Year Return: 14.5% - 2-Year Return: 5.5% - 3-Year Return: minus 1.6% - 5-Year Return: 8.4% - 10-Year Return: 5.3% Read the full article

[hisureshkumar]

7 High-Return Mutual Funds for 2024 (Where I am investing)

While there are several hundreds of good mutual funds, filtering a few funds for investment is always a challenge. One of the readers, Mrs. Rajini from Hyderabad, was enquiring about the high-return mutual funds in which I’m investing now in 2024. While there is no harm in checking the mutual funds where I am investing, one should always invest based on their financial goals, risk appetite, and investment tenure. In this article, I will talk about 7 high-Return Mutual Funds for 2024 where I'm investing.

What are High Return Mutual Funds?

For this article purpose, we would exclude sector / thematic mutual fund and focus on equity funds only. Risk in investments can be classified as low risk, moderate risk and high risk. As an example, equity or stock investments are high risk, but comes with high returns too. Bank FDs on other hand can be classified as low risk, but generate low returns. So if you are aiming for high returns, you should take risk. While platforms like Value Research Online filter High Return Low Risk Mutual Funds, in reality these funds are riskier too. While there are different category of mutual funds, midcap funds, smallcap mutual funds, global funds, sector and thematic mutual funds generate high returns. We can see huge volatility in the returns for these funds, hence these are high risk too. I am personally (along with my spouse) investing in high return mutual funds which are majorly from midcap, smallcap and international mutual funds categories. I would talk about my thematic / sector funds in separate article.

List of 7 High-Return Mutual Funds for 2024 Where I'm Investing

Here is the list of high return mutual funds where I’m investing. It contains 3 midcap funds, 3 smallcap funsd and 1 global fund. #1 – Quant Midcap Fund #2 - Motilal Oswal Midcap Fund #3 - HDFC Mid Cap Opp Fund #4 - Kotak Small Cap Fund #5 - Quant Small cap Fund #6 - Nippon India Small Cap Fund #7 - Motilal Oswal Nasdaq 100 Fund

7 High-Return Mutual Funds for 2024 – Lumpsum Returns

Mutual Fund Scheme 3 Yrs 5 Yrs 10 Yrs Quant Midcap Fund 36.1% 37.2% 22.0% Motilal Oswal Midcap Fund 37.8% 29.4% 22.8% HDFC Mid Cap Opp Fund 30.0% 26.8% 21.3% Kotak Small Cap Fund 24.9% 30.1% 22.6% Quant Small cap Fund 36.1% 42.9% 21.8% Nippon India Small Cap Fund 35.0% 33.2% 26.5% Motilal Oswal Nasdaq 100 Fund 15.6% 24.2% NA

7 High-Return Mutual Funds for 2024 – SIP Returns

Mutual Fund Scheme 3 Yrs 5 Yrs 10 Yrs Quant Midcap Fund 43.6% 43.3% 26.9% Motilal Oswal Midcap Fund 39.2% 37.0% 23.3% HDFC Mid Cap Opp Fund 35.9% 34.0% 22.3% Kotak Small Cap Fund 26.7% 33.3% 23.3% Quant Small cap Fund 42.5% 50.9% 28.8% Nippon India Small Cap Fund 38.8% 41.0% 27.2% Motilal Oswal Nasdaq 100 Fund 22.7% 21.7% NA

FAQs on High Return Mutual Funds

#1 - Which is the Highest Return Mutual Fund in last 10 years? Nippon India Small Cap Fund falls under this category that generated high returns in the last 10 years. Its annualised returns are 26.5% and 1 Lakh investment would have turned to Rs 10.5 Lakhs during this time period. You can check our earlier article about 5 Mutual Fund Schemes with 10-Year Returns between 920% to 1,250% too. #2 - Which are the Highest Return Mutual Funds in 1 year? Below are the top 10 high return generated equity funds in the last 1 year time frame. These funds generated 75% to 100% returns in the last 1 year. - Motilal Oswal S&P BSE Enhanced Value Index Fund – 100% - UTI Nifty 500 Value 50 Index Fund – 98% - Quant Value Fund – 84% - Quant Mid Cap Fund – 82% - Edelweiss Nifty Midcap150 Momentum 50 Index Fund – 78% - Tata Nifty Midcap 150 Momentum 50 Index Fund – 77.8% - ITI Mid Cap Fund – 76.2% - JM Midcap Fund – 75.2% - Bandhan Small Cap Fund – 74.9% - ICICI Prudential BHARAT 22 FOF – 74.2% #3 - Who can replicate my portfolio? Mutual Fund investments should be done based on financial goals, risk appetite and tenure of investments. I am willing to take risk, wait for 8-10 years and use these funds for my long term goals of over 10 years. If you fall under category, you can invest in such funds. #4 - Are these the only 7 high mutual funds? No. There are hundreds of Best Mutual Funds for next decade. If you find a high return fund as per your criteria, you can go ahead and invest in such funds. #5 - How to maximise returns from such high risk-high return funds? Since stock markets have been volatile in the last 3 years and reached all time peak now, I have personally adopted the following strategy: - Continue my monthly SIPs during 1st week of the month - Invest money in liquid fund and do STP to these mutual funds through Systematic Transfer Plan (STP) for next 6-9 months. #6 - Why I have chosen only these 7 funds? There are hundred’s of top performing mutual funds. As an example, there are over 20 Mutual Fund Schemes that generated positive returns every year in the last 10 years. While my motto is to generate high returns, I also review them periodically to eliminate funds which are under performing. These funds evolved over a period of time. If you think there are better funds from such high risk-high return categories, you can go ahead and invest in such funds. #7 - How to filter Top 10 High Return Mutual Funds in India? As I always say, the first step in filtering a mutual fund should be based on your financial goals, risk appetite, and investment tenure. The second step is to check how well a mutual fund has performed across various market cycles. A third (optional) step could be to further filter based on expert recommendations. #8 - Which are the low risk high return mutual funds in India? Difficult to say. However ValueResearchOnline provides certain risk and return categories where one can filter this as first step. Below are the 6 high return low risk funds as per Value Research. - HDFC Retirement Savings Fund Equity Plan - ICICI Prudential Blue Chip Fund - ICICI Prudential Retirement Fund – Pure Equity Plan - JM Flexicap Fund - Motilal Oswal Midcap Fund - SBI Contra Fund #9 - Which SIP gives the highest return? We can’t say which SIP can give highest return. Today’s top performing funds could be bottom performing funds  next year. Below funds have generated highest SIP returns in the last 10 years. - Quant Smallcap fund – SIP Returns 28.8% - Quant ELSS Tax Saver fund – SIP Returns 27.8% - Nippon India Smallcap fund – SIP Returns 27.1% - Quant Midcap fund – SIP Returns 26.9% - Quant Flexicap fund – SIP Returns 25.9% Read the full article

[hisureshkumar]

12 Best Mutual Funds to Invest in 2024 (as per Chat GPT)

ChatGPT used to have knowledge limited to information available up to 2021. However, the new ChatGPT allows users to ask questions based on the latest trends. I asked ChatGPT, “Best equity mutual funds to invest in 2024 in India?” and it listed 12 mutual fund schemes along with a few lines about each fund. Many readers previously indicated that ChatGPT would not provide such recommendations; hence, I recorded a video of the response as proof and have included it at the end of the article. In this article, we will list the Best Mutual Funds to Invest in for 2024 according to ChatGPT AI, along with performance metrics and our view on these funds.

Does ChatGPT Really Provide Real-Time Updates Now?

Earlier we wrote about Best Mutual Funds for 2023 as per ChatGPT and there were mixed reactions from readers. Some appreciated and some criticized saying ChatGPT would not provide real time mutual fund recommendations. Unlike older versions where ChatGPT stated it had knowledge only up to September 2021, the latest version of ChatGPT does not have this restriction. Whether the information is up to date or not is for users to verify. I asked ChatGPT, “Best mutual Funds to invest in for 2024 in India” and it provided a list of funds.

12 Best Mutual Funds to invest in 2024 (as per Chat GPT)

Here is the list. You can check recorded video from ChatGPT at the end of the article. Top Large-Cap Funds as per Chat GPT #1 – Axis Bluechip Fund #2 – HDFC Top 100 Fund Top Mid-Cap Funds as per Chat GPT #3 – Nippon India Growth Fund #4 - Kotak Emerging Equity Fund Top Small-Cap Funds as per Chat GPT #5 - Axis Small Cap Fund #6 - SBI Small Cap Fund Top Flexi-Cap Funds as per Chat GPT #7 - Parag Parikh Flexi Cap Fund #8 - UTI Flexi Cap Fund Sector-Specific and Thematic Funds #9 - Kotak Infrastructure and Economic Reform Fund #10 - Quant Infrastructure Fund Tax-Saving Funds (ELSS) #11 - Quant Tax Plan #12 - Axis Long Term Equity Fund

Top Mutual Funds as per Chat GPT to invest in 2024 – Performance and Key Metrics

Let us dive into more information about these mutual funds and our views on them. #1 – Axis Bluechip Fund Investment Objective: The scheme aims to generate long term capital growth by investing in a diversified portfolio predominantly consisting of equity & equity related instruments of large cap companies. Performance Details Absolute Returns of the fund - 1-Year Return: 28.6% - 2-Year Return: 38.9% - 3-Year Return: 45.1% - 5-Year Return: 105.2% - 10-Year Return: 292.2% (1 lakh would have turned into 3.92 Lakhs) Annualised Returns of the fund - 1-Year Return: 28.6% - 2-Year Annualised Return: 17.8% - 3-Year Annualised Return: 13.2% - 5-Year Annualised Return: 15.4% - 10-Year Annualised Return: 14.6% Our view on this mutual fund scheme - This Largecap fund invests 97% in equity and 3% in other instruments. - Its equity component is 74% in large cap, 5% in midcap, and balance in other equity instruments. - As part of other investments, it invests in TREPS. - Fund’s beta is 0.96. It is a measure of the fund’s sensitivity to the market movement. Beta of less than 1 indicates that the fund would have lower swing compared to the ups and downs of the benchmark. Beta of more than 1 indicates that the fund would have wider swings compared to the benchmark. - Alpha is minus 3.5. It is a measure of extra returns provided by the fund compared to the benchmark. Investors should prefer high alpha funds which can generate higher returns. - Its expense ratio is 0.64% for direct plans. - One can invest as low as Rs 100 through lump sum and Rs 100 through SIP for 6 months in this fund. While there is no lock-in period, this fund has exit load of 1% if redeemed more than 10% of the investment within 365 days. - This fund has generated 15.4% annualised returns since inception of direct plans in 2013. - After the Axis MF scam broke out, we observed underperformance in the majority of Axis equity funds. We wrote an article about Worst Performing Axis Mutual Funds in the last 1 year too. This fund failed to meet the category average performance over the last 1 to 5 years. If you are already investing, consider continuing to invest in such schemes for some more time. #2 – HDFC Top 100 Fund Investment Objective: The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Large-Cap companies. Performance Details Absolute Returns of the fund - 1-Year Return: 35.6% - 2-Year Return: 60.1% - 3-Year Return: 78.9% - 5-Year Return: 121.6% - 10-Year Return: 288.5% (1 lakh would have turned into 3.88 Lakhs) Annualised Returns of the fund - 1-Year Return: 35.6% - 2-Year Annualised Return: 26.5% - 3-Year Annualised Return: 21.4% - 5-Year Annualised Return: 17.2% - 10-Year Annualised Return: 14.5% Our view about this mutual fund scheme - This is a large cap fund that invests 98% in equity and 2% in other instruments. - Its equity component is 80% in large cap, 6% in midcap and balance in other equity instruments. - As part of other investments, it invests in TREPS. - Fund’s beta is 0.95. It is a measure of the fund’s sensitivity to the market movement. Beta of less than 1 indicates that the fund would have lower swing compared to the ups and downs of the benchmark. Beta of more than 1 indicates that the fund would have wider swings compared to the benchmark. - Alpha is 4.4. It is a measure of extra returns provided by the fund compared to the benchmark. Investors should prefer high alpha funds which can generate higher returns. - Its expense ratio is 1.04% for direct plans. - One can invest as low as Rs 100 through lump sum and Rs 100 through SIP for 6 months in this fund. While there is no lock-in period, this fund has exit load of 1% if redeemed within 365 days. - This fund has been a consistent performer that has generated 15% annualised returns since inception of direct plans in 2013. - This fund outperformed the large-cap category average returns over the last 1 year, 3 years, 5 years, and 10 years. As indicated in our earlier article on 3 large-cap/index funds where I am investing, I am also investing in this fund. Moderate to high-risk investors can consider investing for over 5 years in such schemes. #3 – Nippon India Growth Fund Investment Objective: The primary investment objective of the Scheme is to achieve long-term growth of capital by investing in equity and equity related securities through a research based investment approach. Performance Details Absolute Returns of the fund - 1-Year Return: 60% - 2-Year Return: 90% - 3-Year Return: 126.9% - 5-Year Return: 243.9% - 10-Year Return: 571.8% (1 lakh would have turned into 6.7 Lakhs) Annualised Returns of the fund - 1-Year Return: 60% - 2-Year Annualised Return: 37.8% - 3-Year Annualised Return: 31.4% - 5-Year Annualised Return: 28.0% - 10-Year Annualised Return: 20.9% Our view about this mutual fund scheme - This is a Midcap fund that invests 100% in equity. - Its equity component is 14% in large cap, 51% in midcap, 12% in small cap and balance in other equity instruments. - Fund’s beta is 0.94. It is a measure of the fund’s sensitivity to the market movement. Beta of less than 1 indicates that the fund would have lower swing compared to the ups and downs of the benchmark. Beta of more than 1 indicates that the fund would have wider swings compared to the benchmark. - Alpha is 3.8. It is a measure of extra returns provided by the fund compared to the benchmark. Investors should prefer high alpha funds which can generate higher returns. - Its expense ratio is 0.8% for direct plans. - One can invest as low as Rs 100 through lump sum and Rs 100 through SIP for 6 months in this fund. While there is no lock-in period, this fund has exit load of 1% if redeemed within 30 days. - This fund has been a consistent performer that has generated 19.6% annualised returns since inception of direct plans in 2013. - This fund outperformed the mid-cap category average returns over the last 1 year, 3 years, 5 years, and 10 years. Since this fund invests in mid-cap and small-cap companies, it carries higher risk. If you are a high-risk investor willing to invest for the medium to long term, you can consider investing in such funds.  This fund is part of our earlier article on 5 Mutual Fund Schemes with Highest NAV of Rs 1,560 to 3,650 #4 - Kotak Emerging Equity Fund Investment Objective: The investment objective of the scheme is to generate long term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid companies. Performance Details Absolute Returns of the fund - 1-Year Return: 48.5% - 2-Year Return: 73.7% - 3-Year Return: 102.1% - 5-Year Return: 231.9% - 10-Year Return: 749.3% (1 lakh would have turned into 8.49 Lakhs) Annualised Returns of the fund - 1-Year Return: 48.5% - 2-Year Annualised Return: 31.8% - 3-Year Annualised Return: 26.4% - 5-Year Annualised Return: 27.0% - 10-Year Annualised Return: 23.8% Our view about this mutual fund scheme - This is a midcap fund that invests 98% in equity and balance in other instruments. - Its equity component is 5% in large cap, 55% in midcap, 19% in smallcap and balance in other equity instruments. - Fund’s beta is 0.81. It is a measure of the fund’s sensitivity to the market movement. Beta of less than 1 indicates that the fund would have lower swing compared to the ups and downs of the benchmark. Beta of more than 1 indicates that the fund would have wider swings compared to the benchmark. - Alpha is 1.53. It is a measure of extra returns provided by the fund compared to the benchmark. Investors should prefer high alpha funds which can generate higher returns. - Its expense ratio is 0.68% for direct plans. - One can invest as low as Rs 100 through lump sum and Rs 100 through SIP for 6 months in this fund. While there is no lock-in period, this fund has exit load of 1% if redeemed within 30 days. - This fund has been a consistent performer that has generated 21.7% annualised returns since inception of direct plans in 2013. - This fund outperformed the mid-cap category average returns over the last 3 years, 5 years, and 10 years. Since this fund invests in mid-cap and small-cap companies, it is a high-risk fund. High-risk investors can consider investing in such funds for a medium to long-term tenure. #5 - Axis Small Cap Fund Investment Objective: The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity & equity related instruments of small cap companies. Performance Details Absolute Returns of the fund - 1-Year Return: 40.0% - 2-Year Return: 66.6% - 3-Year Return: 102.1% - 5-Year Return: 265.1% - 10-Year Return: 755.4% (1 lakh would have turned into 8.55 Lakhs) Annualised Returns of the fund - 1-Year Return: 40.0% - 2-Year Annualised Return: 29.1% - 3-Year Annualised Return: 26.4% - 5-Year Annualised Return: 29.5% - 10-Year Annualised Return: 23.9% Our view about this mutual fund scheme - This is a small cap fund that invests 90% in equity and balance in other instruments. - Its equity component is 2% in large cap, 3% in midcap, 57% in small cap and balance in other equity instruments. - Fund’s beta is 0.64. It is a measure of the fund’s sensitivity to the market movement. Beta of less than 1 indicates that the fund would have lower swing compared to the ups and downs of the benchmark. Beta of more than 1 indicates that the fund would have wider swings compared to the benchmark. - Alpha is 5.6. It is a measure of extra returns provided by the fund compared to the benchmark. Investors should prefer high alpha funds which can generate higher returns. - Its expense ratio is 0.52% for direct plans. - One can invest as low as Rs 100 through lump sum and Rs 100 through SIP for 6 months in this fund. While there is no lock-in period, for units in excess of 10% of the investment, 1% will be charged for a redemption within 365 days. - This fund has generated 25.2% annualised returns since inception of direct plans in 2013. - This fund underperformed the small-cap category average returns over the last 1 year, 3 years, and 5 years. This underperformance has been evident in the last few years following the Axis MF scam. If you are already investing in this fund, you can wait for some more time before making any decisions. #6 – SBI Small Cap Fund Investment Objective: The scheme seeks to provide investors with the opportunities for long-term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of small cap companies. Performance Details Absolute Returns of the fund - 1-Year Return: 40.6% - 2-Year Return: 66.2% - 3-Year Return: 97.6% - 5-Year Return: 246.1% - 10-Year Return: 1,024.3% (1 lakh would have turned into 11.2 Lakhs) Annualised Returns of the fund - 1-Year Return: 40.6% - 2-Year Annualised Return: 28.8% - 3-Year Annualised Return: 25.4% - 5-Year Annualised Return: 28.1% - 10-Year Annualised Return: 27.3% Our view about this mutual fund scheme - This is a small cap fund that invests 86% in equity and balance in other instruments. - Its equity component is 0% in large cap, 11% in midcap, 46% in small cap and balance in other equity instruments. - Fund’s beta is 0.62. It is a measure of the fund’s sensitivity to the market movement. Beta of less than 1 indicates that the fund would have lower swing compared to the ups and downs of the benchmark. Beta of more than 1 indicates that the fund would have wider swings compared to the benchmark. - Alpha is 4.7. It is a measure of extra returns provided by the fund compared to the benchmark. Investors should prefer high alpha funds which can generate higher returns. - Its expense ratio is 0.69% for direct plans. - One can invest as low as Rs 5,000 through lump sum and Rs 100 through SIP for 6 months in this fund. While there is no lock-in period, for units in excess of 10% of the investment, 1% will be charged for a redemption within 365 days. - This fund has generated 26.3% annualised returns since inception of direct plans in 2013. - This fund underperformed the small-cap category average returns over the last 3 years and 5 years but outperformed in the last 6 months and over the last 10 years. High-risk investors can consider investing in such funds with a medium to long-term perspective. You can also check about 6 Low Risk High Return Mutual Funds as per ValueResearch too. #7 - Parag Parikh Flexi Cap Fund Investment Objective: The scheme aims to achieve long-term capital appreciation by investing primarily in equity and equity related instruments. Performance Details Absolute Returns of the fund - 1-Year Return: 37.3% - 2-Year Return: 63.3% - 3-Year Return: 85.7% - 5-Year Return: 206.5% - 10-Year Return: 512.7% (1 lakh would have turned into 6.12 Lakhs) Annualised Returns of the fund - 1-Year Return: 37.3% - 2-Year Annualised Return: 27.8% - 3-Year Annualised Return: 22.8% - 5-Year Annualised Return: 25.1% - 10-Year Annualised Return: 19.9% Our view about this mutual fund scheme - This is a flexicap fund that invests 85% in equity, 4% in debt and balance in other instruments. - Its equity component is 48% in large cap, 6% in midcap, 8% in small cap and balance in other equity instruments. - Fund’s beta is 0.7. It is a measure of the fund’s sensitivity to the market movement. Beta of less than 1 indicates that the fund would have lower swing compared to the ups and downs of the benchmark. Beta of more than 1 indicates that the fund would have wider swings compared to the benchmark. - Alpha is 5.66. It is a measure of extra returns provided by the fund compared to the benchmark. Investors should prefer high alpha funds which can generate higher returns. - Its expense ratio is 0.62% for direct plans. - One can invest as low as Rs 1,000 through lump sum and Rs 1,000 through SIP for 6 months in this fund. While there is no lock-in period, for units in excess of 10% of the investment, 2% will be charged for redemption within 365 days and for units in excess of 10% of the investment, 1% will be charged for redemption after 366 days and within 730 days. - This fund has generated 20.6% annualised returns since inception of direct plans in 2013. - This fund has underperformed the flexi-cap category average returns for the short term of last 6 months to 1 year, however outperformed in the last 3 years, 5 years and 10 years time frame. Since this fund invests in midcap and smallcap companies, it is high risk fund. High risk investors can invest in such funds for medium to long term perspective. #8 - UTI Flexi Cap Fund Investment Objective: The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum. Performance Details Absolute Returns of the fund - 1-Year Return: 20.4% - 2-Year Return: 28.3% - 3-Year Return: 34.1% - 5-Year Return: 110.6% - 10-Year Return: 283.6% (1 Read the full article

[hisureshkumar]

6 High Return-Low Risk Mutual Funds (As per Value Research)

Investors always wanted to take low to moderate risk and expect high returns. However, in reality, the opposite often occurs. If you are taking low risk, you can expect only low returns. High returns can be expected by taking high risk. Value Research Online provides Risk Grade and Fund Return Grade for all mutual fund schemes. One can filter based on these parameters to get low risk and high return mutual fund schemes. In this article we would provide 6 High Return-Low Risk Mutual Funds as per Value Research Online and our view about such funds. What are High Return and Low Risk Grades as per Value Research? Value Research Online provides various ratios and grades to mutual fund schemes. It provides return grades as well as risk grades. Earlier we covered Top Rated Mutual Funds as per Value Research. Let us understand them first. What is Value Research Fund “Risk” Grade? As per Value Research Online, the risk grade captures a fund's risk of losing your investment. The risk of investing in a mutual fund not only includes the possibility of losing money, but also the chance of earning less than you would have on a guaranteed investment. That's they cover under 'Risk Grade'. Below is the list of risk grades assigned to mutual funds. - High - Top 10% - Above Average - Next 22.5% - Average - Middle 35% - Below Average - Next 22.5% - Low - Bottom 10% What is Value Research Fund “Return” Grade? Value Research Fund Return Grade captures a fund’s risk-adjusted return in comparison to other funds in the category. The returns, though adjusted for dividend, bonus or rights, are not adjusted for loads. The fund’s monthly/weekly return is compared with the monthly/weekly risk-free return to arrive at the fund’s total return over the risk-free return. The monthly average risk-adjusted return is compared with the average category return to arrive at the final score. The return score of a fund is then assigned according to the following distribution: - High - Top 10% - Above Average - Next 22.5% - Average - Middle 35% - Below Average - Next 22.5% - Low - Bottom 10%

6 High Return-Low Risk Mutual Funds (As per Value Research) Here is the list of 6 mutual funds where Value Research Online rated as high return-low risk grade. - HDFC Retirement Savings Fund Equity Plan - ICICI Prudential Blue Chip Fund - ICICI Prudential Retirement Fund - Pure Equity Plan - JM Flexicap Fund - Motilal Oswal Midcap Fund - SBI Contra Fund You can also look at Best Mutual Funds for next 10 Years if you are looking for recommendations based on your risk appetite and tenure of investment. 6 High Return-Low Risk Mutual Funds – Deep Dive into these funds Lets deep dive into these funds. No specific order followed here. #1 - HDFC Retirement Savings Fund Equity Plan Investment Strategy: The investment objective of the Investment Plans under the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. Absolute Returns: - 1 Year Returns – 36.5% - 2 Year Returns – 64.2% - 3 Year Returns – 99.6% - 5 Year Returns – 189.1% - Since Inception – 400.3% (1 Lakh turned to Rs 5 Lakhs) Annualised Returns: - 1 Year Returns – 36.5% - 2 Year Returns – 28% - 3 Year Returns – 25.8% - 5 Year Returns – 23.6% - Since inception returns – 21.7% Our View about the fund: - This fund is pure equity fund that invests 90% in equity and 10% in TREPS. - Out of its equity portfolio, it invests 49% in large cap, 9% in midcap, 17% of small cap companies and balance in other stocks. - As part of equity portfolio, this fund invests in ICICI Bank, HDFC Bank, Reliance, SBI, Infy, Bajaj Auto, Airtel, L&T, ITC and Axis Bank. - Investors should note that this is an open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier). - With 0.68% expense ratio for direct plans and Beta of 0.8, this fund generated 21.7% annualised returns since inception. - This fund has outperformed the benchmark in 1 year, 3 years and 5 years time frame. - High risk investors who are looking to lock their money for 5 years so that they can get the compounding benefit can invest in such funds. Others can consider simple equity mutual funds where there is no such lock-in period. #2 - ICICI Prudential Blue Chip Fund Investment Strategy: The scheme seeks to generate long term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity related securities of large cap companies. Absolute Returns: - 1 Year Returns – 37.3% - 2 Year Returns – 57.5% - 3 Year Returns – 79.8% - 5 Year Returns – 140.2% - 10 Year Returns – 468.3% (1 Lakh turned to Rs 5.68 Lakhs) Annualised Returns: - 1 Year Returns – 37.3% - 2 Year Returns – 25.3% - 3 Year Returns – 21.6% - 5 Year Returns – 19.1% - 10 Year Returns – 17.0% Our View about the fund: - This fund is a large cap fund that invests 90% in blue-chip stocks and 10% in TREPS. - Out of its equity portfolio, it invests 82% in large cap, 4% in midcap and balance on other stocks. - As part of equity portfolio, this fund invests in ICICI Bank, Reliance, L&T, Maruti, Infosys, Axis Bank, Bharti, Ultratech, HDFC Bank and Sun Pharma. - With 0.83% expense ratio for direct plans and Beta of 0.87, this fund generated 16.5% annualised returns since inception. - This fund has outperformed the benchmark in 1 year, 3 years, 5 years and 10 years time frame. - We have indicated this mutual fund scheme as part of 15 Most Recommended Mutual Fund Schemes too. - Large cap funds provide stable returns and comes with moderate to high risk. If you are moderate-to-high risk appetite investor and willing to invest for 5+ years, you can invest in such funds. #3 - ICICI Prudential Retirement Fund - Pure Equity Plan Investment Strategy: The scheme seeks to generate long-term capital appreciation and income generation to investors from a portfolio that is predominantly invested in equity and equity related securities. Absolute Returns: - 1 Year Returns – 55.4% - 2 Year Returns – 75.8% - 3 Year Returns – 125.7% - 5 Year Returns – 192% - Since Inception – 198.2% (1 Lakh turned to Rs 2.98 Lakhs) Annualised Returns: - 1 Year Returns – 55.4% - 2 Year Returns – 32.4% - 3 Year Returns – 31.1% - 5 Year Returns – 23.8% - Since inception returns – 23.4% Our View about the fund: - This fund is pure equity fund that invests 94% in equity and 6% in TREPS. - Out of its equity portfolio, it invests 53% in large cap, 15% in midcap, 13% in small cap companies and balance on other stocks. - As part of equity portfolio, this fund invests in Bharti, DLF, L&T, Ambuja Cements, Ultratech, Tech Mahindra, Maruti, Lupin, Bharat Earth Movers and Inox Winds. - Investors should note that this is an open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier). - With 0.64% expense ratio for direct plans and Beta of 0.8, this fund generated 23.4% annualised returns since inception. - This fund has outperformed the benchmark in 1 year, 3 years and 5 years time frame. - High risk investors who are willing to lock their money for 5 years so that they can get the compounding benefit can invest in such funds. Others can consider simple equity mutual funds where there is no such lock-in period. #4 - JM Flexicap Fund Investment Strategy: The scheme which aims to provide capital appreciation by investing primarily in equity and equity related securities of various market depending upon valuation discount or premium amongst Large / Mid & Small cap stocks, the fund will keep varying the weights to capture the value while keeping an optimum Risk / Return profile. Absolute Returns: - 1 Year Returns – 63.5% - 2 Year Returns – 96.6% - 3 Year Returns – 122% - 5 Year Returns – 209.9% - 10 Year Returns – 584.3% (1 Lakh turned to Rs 6.84 Lakhs) Annualised Returns: - 1 Year Returns – 63.5% - 2 Year Returns – 40.0% - 3 Year Returns – 30.4% - 5 Year Returns – 25.35% - 10 Year Returns – 21.1% Our View about the fund: - This flexicap mutual fund invests 100% in equity stocks consisting large cap, mid cap and small-size companies. - Out of its equity portfolio, it invests 32% in large cap, 20% in midcap and 25% in small cap stocks and balance on other stocks. - As part of equity portfolio, this fund invests in ICICI Bank, HDFC Bank, L&T, SBI, Bharti, M&M, REC, Schaeffler India, HDFC and ITC. - With 0.23% expense ratio for direct plans and beta of 0.91, this fund generated 19.3% annualised returns since inception. - This fund has outperformed the benchmark in 1 year, 3 years, 5 years and 10 years time frame. - Flexicap funds invests in large cap, midcap and small-size companies. Among them, investing in midcap and smallcap companies are high risk. These funds are for high risk investors who are willing to invest for over 5 years. #5 - SBI Contra Fund The scheme seeks to provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities following a contrarian investment strategy. Absolute Returns: - 1 Year Returns – 48.3% - 2 Year Returns – 77.2% - 3 Year Returns – 123.9% - 5 Year Returns – 232.3% - 10 Year Returns – 498.3% (1 Lakh turned to Rs 5.9 Lakhs) Annualised Returns: - 1 Year Returns – 48.3% - 2 Year Returns – 33.0% - 3 Year Returns – 30.8% - 5 Year Returns – 27.1% - 10 Year Returns – 19.5% Our View about the fund: - This value mutual fund invests 83% in equity, 7% in debt and 10% in TREPS. - Out of its equity portfolio, it invests 35% in large cap, 18% in midcap and 9% in small cap stocks and balance in other stocks. - As part of equity portfolio, this fund invests in SBI, HDFC Bank, Gail, Cognizant, ICICI Bank, Torrent Power, Tata Steel, Axis Bank, Whirlpool and ONGC. - With 0.65% expense ratio for direct plans and Beta of 0.81, this fund generated 17.6% annualised returns since inception. - This fund has outperformed the benchmark in 1 year, 3 years, 5 years and 10 years returns. - Earlier we have indicated this fund as part of 5 Mutual Fund Schemes that generated highest returns in the last 20 years - This value fund majorly invests in large cap companies along with some component in midcap and small companies. Investment in midcap and smallcap companies are riskier. High risk appetite investors who are willing to invest for medium to long term can invest in such funds. These are not for low risk or moderate risk takers. #6 - Motilal Oswal Midcap Fund The scheme seeks to achieve long term capital appreciation by investing in quality mid-cap companies having long-term competitive advantages and potential for growth. Absolute Returns: - 1 Year Returns – 54.4% - 2 Year Returns – 89.8% - 3 Year Returns – 158.6% - 5 Year Returns – 258.7% - 10 Year Returns – 734.5% (1 Lakh turned to Rs 8.3 Lakhs) Annualised Returns: - 1 Year Returns – 54.4% - 2 Year Returns – 37.6% - 3 Year Returns – 30.2% - 5 Year Returns – 29.0% - 10 Year Returns – 23.6% Our View about the fund: - As per investment objective, this mid cap mutual fund majorly invests in mid-size companies. - Out of its equity portfolio, it invests 6.9% in large cap, 13% in midcap and 23% in small cap stocks and balance in other stocks. - As part of equity portfolio, this fund invests in Jio Financial Services, Kalyan Jewelers, Persistent Systems, Tube Investments, Prestige Estates, Co-forge, Balakrishna Industries, Indus Towers, CG Power and Infra and Max Healthcare. - With 0.61% expense ratio for direct plans and Beta of 0.78, this fund generated 24.3% annualised returns since inception. - This fund has outperformed the benchmark in 1 year, 3 years, 5 years and 10 years time frame. - This fund majorly invests in midcap and small-cap stocks. Invest in midcap and smallcap companies is riskier. High risk appetite investors who are willing to invest for medium to long term can invest in such funds. These are not for low risk or moderate risk takers. Should you invest in high return-low risk fund as per Value Research? Majority of the funds indicated above would fall under “Very High Risk” or “High Risk” category as per SEBI mutual fund classification. Yes, these have potential to generate high returns too. However, Value Research risk grade category refers to fund's risk of losing your investment.  The low beta of the funds also indicates the same. This means there are very less changes to lose your money. However, investors should note that the risk is still not eliminated. Consider funds based on your risk appetite, financial goals and tenure of investment. Read the full article

[hisureshkumar]

https://myinvestmentideas.com/muthoot-mercantile-ncd-may-2024-issue-details-and-review/

[hisureshkumar]

10 Best Mutual Funds for Next 10 Years

One of the best ways to create wealth is to invest in mutual fund schemes. In the medium to long term, these can fetch good returns. However, investors should consider selecting funds based on their financial goals, risk appetite and tenure of the investment.  In this article we would provide the list of 10 Best Mutual Funds for Next 10 years to invest in India.

Why to invest in Mutual Funds?

Before getting into the specific list of mutual funds to invest for next 10 years, let us understand the fundamentals of mutual funds. While there are several investment options, mutual funds has been gaining prominence in the last few years. Some of the mutual funds have generated 10x to 12x returns in the last 10 years. Mutual Funds pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities, managed by professional fund managers.

What are the benefits of investing in mutual funds?

- Diversification: Mutual Funds does not invest in single stock or bond. They spread the investment across various assets which helps to reduce the risk. - Professional Management: Expert fund managers make informed investment decisions on your behalf. - Liquidity: Investors can buy and sell mutual fund units based on NAV (Net Asset Value) at any given point of time except where there is lock-in period. - Transparency: Fund houses keeps providing updates on the portfolio. - Affordability: Investors can invest as low as Rs 500 in mutual funds. In some funds they can invest even as low as Rs 100.

What is the Economic Outlook for India?

Before identifying the best mutual funds for the next 10 years, let's assess the economic landscape of India and key factors shaping its growth. - Demographic Dividend: With a young and dynamic population, India enjoys a significant demographic advantage, fueling consumption and economic growth. - Infrastructure Development: Government initiatives and investments in infrastructure projects aim to enhance connectivity, spur economic activity, and attract investments. Our recommended Infrastructure mutual funds in 2022 have doubled in the last 2 years. - Digital Transformation: The rapid adoption of digital technologies is revolutionizing various sectors, boosting efficiency and innovation. - Emerging Sectors: Industries such as renewable energy, healthcare, and e-commerce present lucrative opportunities for investors, driven by evolving consumer preferences and technological advancements.

Best Mutual Funds for Next 10 Years to Invest in India:

Now, let's explore the top 10 mutual funds to invest for next decade, considering factors such as historical performance, fund management expertise, and investment strategy. We have provided 2 table, one based on annualized returns and second based on SIP returns. One can use them like a model mutual fund portfolio for investments.

Best Mutual Funds for Next 10 Years – Annualised Returns

Category Mutual Fund Name 3 Yrs 5 Yrs 10 Yrs Index / Largecap UTI Nifty 50 Index Fund 16.2% 14.8% 13.8% Index / Largecap UTI Nifty Next 50 Index Fund 23.2% 19.0% NA Index / Largecap Nippon India Largecap Fund 26.8% 18.8% 18.4% Index / Largecap Baroda BNP Paribas Large Cap Fund 19.8% 18.0% 16.2% Midcap / Smallcap Quant Mid Cap Fund 38.3% 35.3% 21.9% Midcap / Smallcap SBI Small Cap Fund 25.4% 26.8% 27.2% Flexicap Parag Parikh Flexi Cap fund 22.7% 24.5% 20.0% Flexicap Quant Flexicap fund 32.5% 32.0% 24.3% Hybrid ICICI Prudential Equity & Debt Fund 26.2% 26.0% 19.8% International Motilal Oswal Nasdaq 100 FoF 12.0% 21.8% NA

Best Mutual Funds for Next 10 Years – SIP Returns

Category Mutual Fund Name 3 Yrs 5 Yrs 10 Yrs Index / Largecap UTI Nifty Index Fund 15.8% 18.0% 14.3% Index / Largecap UTI Nifty Next 50 Index Fund 30.5% 25.7% NA Index / Largecap Nippon India Largecap Fund 28.0% 26.7% 18.3% Index / Largecap Baroda BNP Paribas Large Cap Fund 24.4% 22.8% 17.0% Midcap / Smallcap Quant Mid Cap Fund 42.2% 42.6% 26.5% Midcap / Smallcap SBI Small Cap Fund 25.8% 30.1% 23.6% Flexicap Parag Parikh Flexi Cap fund 24.7% 26.8% 20.9% Flexicap Quant Flexicap fund 34.0% 38.0% 25.4% Hybrid ICICI Prudential Equity & Debt Fund 26.2% 26.8% 19.1% International Motilal Oswal Nasdaq 100 FoF 19.2% 19.9% NA

Investment Strategies for Long-Term Growth:

While selecting mutual funds for the next 10 years, it's crucial to adopt a disciplined investment strategy aligned with your financial goals and risk tolerance. - Asset Allocation: Diversify your portfolio across asset classes to mitigate risk and enhance returns. - Systematic Investment Plan (SIP): Invest regularly through SIPs to benefit from rupee cost averaging and harness the power of compounding. One can easily make out 1 Crore with 5,000 per month SIP investments. - Stay Informed: Keep an eye on market developments, economic indicators, and fund performance to make informed investment decisions. - Review and Rebalance: Periodically review your investment portfolio and rebalance it to maintain optimal asset allocation and adapt to changing market conditions.

FAQs (Frequently Asked Questions):

To address common queries regarding mutual fund investments, here are some frequently asked questions along with detailed answers: 1. What are the key factors to consider when selecting mutual funds for long-term investment? First step is to consider financial goal, risk appetite and tenure of investment. As a second step, when selecting mutual funds for long-term investment, consider factors such as historical performance, fund manager expertise, investment strategy, expense ratio, and risk-adjusted returns. 2. How can I assess the risk associated with mutual fund investments? You can assess the risk associated with mutual fund investments by analyzing factors such as the fund's investment objective, asset allocation, portfolio diversification, and historical volatility. 3. Is it advisable to invest in sector-specific mutual funds for long-term growth? Investing in sector-specific mutual funds can be risky as it exposes your portfolio to concentration risk. It's advisable to opt for diversified equity funds with exposure to multiple sectors for long-term growth. 4. What role does inflation play in mutual fund investments? Inflation erodes the purchasing power of money over time, affecting the real returns on your investments. It's essential to choose mutual funds that offer returns exceeding the inflation rate to preserve and grow your wealth. Investors should periodically check and should not end up in investing in bad funds which we indicated in our Worst Performing Mutual Funds in the last 10 year. 5. How often should I review my mutual fund investments? It's recommended to review your mutual fund investments periodically, typically every six months to a year, to ensure they remain aligned with your financial goals and risk tolerance. Make adjustments as necessary based on changes in market conditions or your investment objectives. 6. Can mutual funds help me achieve my long-term financial goals such as retirement planning? Yes, mutual funds can play a crucial role in helping you achieve long-term financial goals such as retirement planning by offering the potential for capital appreciation and regular income through systematic investments over time. They should also build strategy and opt for Two Bucket Strategy of Investment which can help them to get maximum benefit. Conclusion: In conclusion, selecting the best mutual funds for the next 10 years requires careful consideration of various factors, including economic outlook, fund performance, and investment strategy. By diversifying your portfolio across equity funds, adhering to a disciplined investment approach, and staying informed about market trends, you can build a robust investment portfolio geared towards long-term growth and wealth creation. Read the full article

[hisureshkumar]

10 Best Mutual Funds for Next 10 Years

One of the best ways to create wealth is to invest in mutual fund schemes. In the medium to long term, these can fetch good returns. However, investors should consider selecting funds based on their financial goals, risk appetite and tenure of the investment.  In this article we would provide the list of 10 Best Mutual Funds for Next 10 years to invest in India.

Why to invest in Mutual Funds?

Before getting into the specific list of mutual funds to invest for next 10 years, let us understand the fundamentals of mutual funds. While there are several investment options, mutual funds has been gaining prominence in the last few years. Some of the mutual funds have generated 10x to 12x returns in the last 10 years. Mutual Funds pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities, managed by professional fund managers.

What are the benefits of investing in mutual funds?

- Diversification: Mutual Funds does not invest in single stock or bond. They spread the investment across various assets which helps to reduce the risk. - Professional Management: Expert fund managers make informed investment decisions on your behalf. - Liquidity: Investors can buy and sell mutual fund units based on NAV (Net Asset Value) at any given point of time except where there is lock-in period. - Transparency: Fund houses keeps providing updates on the portfolio. - Affordability: Investors can invest as low as Rs 500 in mutual funds. In some funds they can invest even as low as Rs 100.

What is the Economic Outlook for India?

Before identifying the best mutual funds for the next 10 years, let's assess the economic landscape of India and key factors shaping its growth. - Demographic Dividend: With a young and dynamic population, India enjoys a significant demographic advantage, fueling consumption and economic growth. - Infrastructure Development: Government initiatives and investments in infrastructure projects aim to enhance connectivity, spur economic activity, and attract investments. Our recommended Infrastructure mutual funds in 2022 have doubled in the last 2 years. - Digital Transformation: The rapid adoption of digital technologies is revolutionizing various sectors, boosting efficiency and innovation. - Emerging Sectors: Industries such as renewable energy, healthcare, and e-commerce present lucrative opportunities for investors, driven by evolving consumer preferences and technological advancements.

Best Mutual Funds for Next 10 Years to Invest in India:

Now, let's explore the top 10 mutual funds to invest for next decade, considering factors such as historical performance, fund management expertise, and investment strategy. We have provided 2 table, one based on annualized returns and second based on SIP returns. One can use them like a model mutual fund portfolio for investments.

Best Mutual Funds for Next 10 Years – Annualised Returns

Category Mutual Fund Name 3 Yrs 5 Yrs 10 Yrs Index / Largecap UTI Nifty 50 Index Fund 16.2% 14.8% 13.8% Index / Largecap UTI Nifty Next 50 Index Fund 23.2% 19.0% NA Index / Largecap Nippon India Largecap Fund 26.8% 18.8% 18.4% Index / Largecap Baroda BNP Paribas Large Cap Fund 19.8% 18.0% 16.2% Midcap / Smallcap Quant Mid Cap Fund 38.3% 35.3% 21.9% Midcap / Smallcap SBI Small Cap Fund 25.4% 26.8% 27.2% Flexicap Parag Parikh Flexi Cap fund 22.7% 24.5% 20.0% Flexicap Quant Flexicap fund 32.5% 32.0% 24.3% Hybrid ICICI Prudential Equity & Debt Fund 26.2% 26.0% 19.8% International Motilal Oswal Nasdaq 100 FoF 12.0% 21.8% NA

Best Mutual Funds for Next 10 Years – SIP Returns

Category Mutual Fund Name 3 Yrs 5 Yrs 10 Yrs Index / Largecap UTI Nifty Index Fund 15.8% 18.0% 14.3% Index / Largecap UTI Nifty Next 50 Index Fund 30.5% 25.7% NA Index / Largecap Nippon India Largecap Fund 28.0% 26.7% 18.3% Index / Largecap Baroda BNP Paribas Large Cap Fund 24.4% 22.8% 17.0% Midcap / Smallcap Quant Mid Cap Fund 42.2% 42.6% 26.5% Midcap / Smallcap SBI Small Cap Fund 25.8% 30.1% 23.6% Flexicap Parag Parikh Flexi Cap fund 24.7% 26.8% 20.9% Flexicap Quant Flexicap fund 34.0% 38.0% 25.4% Hybrid ICICI Prudential Equity & Debt Fund 26.2% 26.8% 19.1% International Motilal Oswal Nasdaq 100 FoF 19.2% 19.9% NA

Investment Strategies for Long-Term Growth:

While selecting mutual funds for the next 10 years, it's crucial to adopt a disciplined investment strategy aligned with your financial goals and risk tolerance. - Asset Allocation: Diversify your portfolio across asset classes to mitigate risk and enhance returns. - Systematic Investment Plan (SIP): Invest regularly through SIPs to benefit from rupee cost averaging and harness the power of compounding. One can easily make out 1 Crore with 5,000 per month SIP investments. - Stay Informed: Keep an eye on market developments, economic indicators, and fund performance to make informed investment decisions. - Review and Rebalance: Periodically review your investment portfolio and rebalance it to maintain optimal asset allocation and adapt to changing market conditions.

FAQs (Frequently Asked Questions):

To address common queries regarding mutual fund investments, here are some frequently asked questions along with detailed answers: 1. What are the key factors to consider when selecting mutual funds for long-term investment? First step is to consider financial goal, risk appetite and tenure of investment. As a second step, when selecting mutual funds for long-term investment, consider factors such as historical performance, fund manager expertise, investment strategy, expense ratio, and risk-adjusted returns. 2. How can I assess the risk associated with mutual fund investments? You can assess the risk associated with mutual fund investments by analyzing factors such as the fund's investment objective, asset allocation, portfolio diversification, and historical volatility. 3. Is it advisable to invest in sector-specific mutual funds for long-term growth? Investing in sector-specific mutual funds can be risky as it exposes your portfolio to concentration risk. It's advisable to opt for diversified equity funds with exposure to multiple sectors for long-term growth. 4. What role does inflation play in mutual fund investments? Inflation erodes the purchasing power of money over time, affecting the real returns on your investments. It's essential to choose mutual funds that offer returns exceeding the inflation rate to preserve and grow your wealth. Investors should periodically check and should not end up in investing in bad funds which we indicated in our Worst Performing Mutual Funds in the last 10 year. 5. How often should I review my mutual fund investments? It's recommended to review your mutual fund investments periodically, typically every six months to a year, to ensure they remain aligned with your financial goals and risk tolerance. Make adjustments as necessary based on changes in market conditions or your investment objectives. 6. Can mutual funds help me achieve my long-term financial goals such as retirement planning? Yes, mutual funds can play a crucial role in helping you achieve long-term financial goals such as retirement planning by offering the potential for capital appreciation and regular income through systematic investments over time. They should also build strategy and opt for Two Bucket Strategy of Investment which can help them to get maximum benefit. Conclusion: In conclusion, selecting the best mutual funds for the next 10 years requires careful consideration of various factors, including economic outlook, fund performance, and investment strategy. By diversifying your portfolio across equity funds, adhering to a disciplined investment approach, and staying informed about market trends, you can build a robust investment portfolio geared towards long-term growth and wealth creation. Read the full article

[hisureshkumar]

Muthoot Mercantile NCD May-2024 – Issue Details and Review

Muthoot Mercantile NCD May-2024 – Introduction Muthoot Mercantile Limited is coming up with secured NCD bonds that will open for subscription on May 6, 2024. Muthoot Mercantile is an NBFC company in India that offers loans against gold and investments and also provides unsecured loans. The interest rates offered are up to 10.8%. This article will provide some insights into Muthoot Mercantile NCD for May-2024, including issue details, dates, and review.

About Muthoot Mercantile Limited

Muthoot Mercantile Limited is a non-deposit taking non-banking financial company registered with the RBI, primarily operating in the gold loan sector. Established in 1939, the company has a rich history rooted in small-scale money lending against household and used gold jewellery. Over 84 years, it has expanded its operations, with a focus on providing immediate funds to retail customers who lack access to formal credit. With 242 branches across nine states and union territories in India, including Kerala, Tamil Nadu, Maharashtra, and Delhi, the company serves as a crucial point of contact for loan origination, disbursement, and collection processes. Headquartered in Kerala, Muthoot Mercantile Limited has evolved from its humble beginnings in Thiruvananthapuram to become a prominent player in the gold loan industry. As of December 31, 2023, the company's Gold Loan portfolio constituted a significant portion of its total loans, with approximately 0.97 lakhs customers and a principal amount of ₹57,924.78 lakhs. The company has experienced steady growth in its Gold Loan portfolio, with a compound annual growth rate of 29.47% from Fiscal 2021 to December 31, 2023. Muthoot Mercantile Limited offers a range of Gold Loan schemes tailored to meet the diverse needs of its customers, who are primarily individuals from rural, semi-urban, and metro areas seeking funds for various purposes such as social obligations, emergencies, agriculture-related activities, small-scale business operations, or consumption purposes.

Muthoot Mercantile NCD May-2024 issue Details

Subscription opening Date 06-May-24 Subscription closure Date 17-May-24 Issuing Security Name Muthoot Mercantile Limited Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Issue Size (Base) Rs 50 Crores Issue Size (Option to retain over subscription) Rs 50 Crores Total issue size Rs 100 Crores Issue price Rs 1,000 per bond Face value Rs 1,000 per bond Series Series I to XI Minimum Lot size 10 bonds and 1 bond there after Tenure 367days, 18, 24, 36, 60, 75 months Interest Payment frequency Monthly and Cumulative Listing on Within 6 working days on BSE Lead Manager Vivro Financial Services Private Limited Debenture Trustee/s Mitcon Credentia Trusteeship Services Limited

Muthoot Mercantile NCD May-2024- Interest Rates

Series I II III IV V VI VII VIII IX X XI Frequency of Interest Payment Monthly Cumulative Monthly Cumulative Monthly Cumulative Monthly Cumulative Monthly Cumulative Cumulative Tenure (Months) 367 Days 367 Days 18 18 24 24 36 36 60 60 75 Coupon (% per Annum) 10.50% NA 10.50% NA 10.60% NA 10.75% NA 10.80% NA NA Effective Yield (% per Annum) 11.02% 10.60% 11.02% 10.34% 11.13% 10.45% 11.30% 10.66% 11.35% 10.63% 11.73% Amount on Maturity (In Rs.) 1,000.00 1,106.00 1,000.00 1,159.00 1,000.00 1,292.92 1,000.00 1,355.10 1,000.00 1,657.16 2,000.00

Financials of Muthoot Mercantile Limited

Period Ended 31-Mar-21 31-Mar-22 31-Mar-23 31-Dec-23 Assets 316.2 420.4 606.5 818.0 Revenue 49.4 67.0 94.7 35.9 Profit After Tax 14.0 17.0 18.2 8.7 Net Worth 100.4 117.4 135.6 148.7

Muthoot Mercantile NCD May-2024 – Why should you invest?

- The company has consistently shown margin growth in the past. Investors should consider investing in a company with a consistent growth record. - It has a strong brand name and a track record in India with a long operating history. It offers flexible loan schemes, high-quality customer service, and a short response time. These positive factors help the company grow, which can benefit investors through share price appreciation as well as instill trust for NCD investors and other creditors. - It offers a high-interest rate of up to 10.8%. - The company offers secured NCDs. In case the company faces a financial crisis and winds up for some reason, secured NCD investors would receive preference in the repayment of the capital.

Muthoot Mercantile NCD May-2024 – Risk Factors

- Company has a low credit rating of BBB/Stable from India Ratings and Research Limited. - The "Muthoot" mark has been registered as a trademark by M. Mathews, Chairman of the company. Furthermore, an application was filed by Thomas Muthoot, Thomas John Muthoot, and Thomas George Muthoot before the Intellectual Property Appellate Board, Chennai, on July 3, 2012, for the removal, expungement, rectification, cancellation, and variation of the trademark. Subsequently, the application was transferred to the Intellectual Property Division of the High Court of Judicature at Madras and is currently pending. Any damage to the brand or its reputation may adversely affect the company. - The company is subject to certain restrictive covenants in its loan documents and other debts, which may restrict its operations and ability to grow and may adversely affect its business. - Its ability to access capital also depends on its credit ratings. Any downgrade in its credit ratings would increase borrowing costs and constrain its access to capital and lending markets, thus negatively affecting net interest margin and business. - A part of its branch network is concentrated in Kerala and Maharashtra, and it derives the majority of its revenue from these states. Any breakdown of services in these areas could have a material and adverse effect on the company's business. - Its business is capital-intensive, and any disruption or restrictions on raising financial resources could have a material adverse effect on its liquidity and financial condition. - Investing in NBFC NCD bonds turned riskier in the past as there were defaults and delays in the payment of interest and repayment of capital by several NBFC companies. Investors should go through Muthoot Mercantile NCD May-24 RHP for all risk factors.

Muthoot Mercantile NCD May-2024 – Should you invest or avoid?

Muthoot Mercantile Ltd is an NBFC engaged in lending loans against Gold, Investments, Health Insurance, Forex Services, and Money Transfer. Its May-2024 NCD issue comes with attractive interest rates. The company has consistent growth in margins. In this issue, they are offering secured NCDs, which are somewhat safer compared to unsecured NCDs. On the negative side, the company has a low credit rating of IND/BBB Stable from India Ratings. The company derives the majority of its revenues from two states, posing a regional risk. Investors should not forget about NCD defaults and delays in the payment of interest/principal from NBFC companies in the past. Investors need to review both pros and cons before investing in such NCD bonds. Read the full article

[hisureshkumar]

5 Mutual Fund Schemes with 15-Year Returns between 2,460% to 3,300%

Mutual Funds perform well in the medium to long term. Do you know that there are several top performing mutual funds in the last 15-20 years. While the direct plan in mutual funds started from 2013 onwards, it is worth checking how mutual funds performed in the last 15 years which would have gone through various market cycles.  In this article, we would provide 5 mutual fund schemes that yielded returns between 2.460% and 3,300% in the last 15-Years from 13-Feb-2009 to 14-Feb-2024. Note that the performance pertains to regular funds as direct funds were not existing during that period.

5 Mutual Fund Schemes with 15-Year Returns between 2,460% to 3,300%

Earlier we have written 5 mutual fund schemes with 10 year return of 920% to 1250% and we are continuing this series now. Here is the list of 5 Top Performing Mutual Funds in the last 15-Years that generated over 2,460% returns. #1 – DSP Small Cap Fund – 15-Year Returns: 3,300% #2 – HDFC Mid-cap Opportunities Fund - 15-Year Returns: 2,635% #3 – Franklin India Smaller Companies Fund – 15-Year Returns: 2,630% #4 – Canara Robeco Emerging Equities Fund – 15-Year Returns: 2,550% #5 – Edelweiss Mid Cap Fund – 15-Year Returns: 2,460% Note: ETFs are excluded when filtering these funds. We also ignored funds that got merged which might not have relevance in terms of historical returns.

What is Mean Return, Standard Deviation, Sharpe, Sortino, Beta and Alpha in mutual funds?

We have used these metrics in the article, hence providing detailed definitions for investors to understand them. You can skip this section if you are already aware of them. - Mean Return: The mean return, often simply referred to as the average return, is a key measure used to evaluate the historical performance of mutual funds. It represents the average rate of return that the mutual fund has generated over a specific period, such as a year, several years, or since inception - Standard Deviation: It is a measure of the volatility or risk associated with the returns of the fund over a certain period of time. It indicates how much the returns of the mutual fund have deviated from its average return. - Sharpe: The Sharpe ratio is a measure used to evaluate the risk-adjusted returns of an investment or a portfolio, including mutual funds. It was developed by Nobel laureate William F. Sharpe - Sortino: The Sortino ratio is a variation of the Sharpe ratio, which measures the risk-adjusted return of an investment, including mutual funds. However, the Sortino ratio focuses only on the downside risk, specifically the standard deviation of negative returns, unlike the Sharpe ratio, which considers the standard deviation of total returns. - Beta – It is a measure of the fund’s sensitivity to the market movement. Beta of less than 1 indicates that the fund would have lower swing compared to the ups and downs of the benchmark. Beta of more than 1 indicates that the fund would have wider swings compared to the benchmark. Investors should prefer lower beta funds which can have lesser swings compared to the benchmark. - Alpha – It is a measure of extra returns provided by the fund compared to the benchmark. Investors should prefer high alpha funds which can generate higher returns. One should use Alpha and Beta together which goes hand in hand when comparing between risk and returns.

5 Mutual Fund Schemes with 15-Year Return Over 2,460% - Investment Objective and Performance Details

Let's get into more information about these funds. #1 – DSP Small Cap Fund – 15-Year Returns: 3,300% Investment Objective: The primary investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of small cap companies. Performance Details Absolute Returns of the fund (Regular Plans) - 1-Year Return: 46% - 2-Year Return: 52% - 3-Year Return: 115% - 5-Year Return: 228% - 10-Year Return: 810% - 15-Year Return: 3,300% (1 Lac would have turned to 34.3 Lacs) Annualised Returns of the fund (Regular Plans) - 1-Year Return: 46% - 2-Year Annualised Return: 23% - 3-Year Annualised Return: 29% - 5-Year Annualised Return: 27% - 5-Year Annualised Return: 25% - 15-Year Annualised Return: 26.1% Risk Metrics - Mean Return: 29.8 (average return generated based on last 3 years monthly returns) - Standard Deviation: 15.9 (Higher the Standard deviation, higher volatility) - Sharpe: 1.57 (excess returns generated compared to total risk) - Sortino: 2.55 (higher ratio compared to peers and is a better risk adjusted performance) - Beta: 0.85 (Swings compared to benchmarks, - Alpha: 2.15 (returns compared to benchmark, higher than 1 is better) Our View: Like I indicated in our earlier articles, small cap funds invest in small cap companies and are high risk. Such funds would reward with high returns too. This fund has been a consistent performer that has generated 18.2% annualised returns since inception. High risk investors can make such funds as part of their mutual fund portfolios for medium to long term perspective. Moderate or low risk investors can avoid such funds. #2 – HDFC Mid-cap Opportunities Fund - 15-Year Returns: 2,635% Investment Objective: HDFC Mid Cap Fund aims to achieve long-term wealth creation. The Fund's investment objective is to generate long-term capital growth by investment in prominent mid-cap companies. The fund objective is to generate alpha through judicious mid-cap stock selection. Performance Details Absolute Returns of the fund (Regular Plans) - 1-Year Return: 54% - 2-Year Return: 76% - 3-Year Return: 118% - 5-Year Return: 210% - 10-Year Return: 670% - 15-Year Return: 2,635% (1 Lac would have turned to 27.3 Lacs) Annualised Returns of the fund (Regular Plans) - 1-Year Return: 54% - 2-Year Annualised Return: 33% - 3-Year Annualised Return: 30% - 5-Year Annualised Return: 25% - 10-Year Annualised Return: 22% - 15-Year Annualised Return: 24.3% Risk Metrics - Mean Return: 30.2 (average return generated based on last 3 years monthly returns) - Standard Deviation: 14 (Higher the Standard deviation, higher volatility) - Sharpe: 1.8 (excess returns generated compared to total risk) - Sortino: 2.9 (higher ratio compared to peers and is a better risk adjusted performance) - Beta: 0.9 (Swings compared to benchmark; - Alpha: 3.51 (returns compared to benchmark; higher than 1 is better) Our View: Midcap mutual funds invests in mid-sized companies and are high risk. However, such funds are rewarded with higher returns too. This fund has been a consistent performer that has generated 18% annualised returns since inception. If you are a high risk investor,  you can make such funds as part of your mutual fund portfolios for medium to long term perspective. Also Read: 5 Top Performing Funds with 5 Year Returns between 260% to 380% #3 – Franklin India Smaller Companies Fund – 15-Year Returns: 2,630% Investment Objective: The Fund seeks to provide long-term capital appreciation by investing predominantly in small companies. Performance Details Absolute Returns of the fund (Regular Plans) - 1-Year Return: 55% - 2-Year Return: 70% - 3-Year Return: 128% - 5-Year Return: 200% - 10-Year Return: 690% - 15-Year Return: 2,630% (1 Lac would have turned to 27.3 Lacs) Annualised Returns of the fund (Regular Plans) - 1-Year Return: 55% - 2-Year Annualised Return: 30% - 3-Year Annualised Return: 31% - 5-Year Annualised Return: 24% - 10-Year Annualised Return: 23% - 15-Year Annualised Return: 24.3% Risk Metrics - Mean Return: 32.2 (average return generated based on last 3 years monthly returns) - Standard Deviation: 14.7 (Higher the Standard deviation, higher volatility) - Sharpe: 1.86 (excess returns generated compared to total risk) - Sortino: 2.82 (higher ratio compared to peers and is a better risk adjusted performance) - Beta: 0.77 (Swings compared to benchmark, - Alpha: 6.71 (returns compared to benchmark, higher than 1 is better) Our View: Like I indicated in our earlier articles, small cap funds invest in small cap companies and are high risk. Such funds are rewarded with higher returns too. This fund has been a consistent performer that has generated 16.1% annualised returns since inception. High risk investors can make such funds as part of their mutual fund portfolios for medium to long term perspective. Moderate or low risk investors can avoid such funds. #4 – Canara Robeco Emerging Equities Fund – 15-Year Returns: 2,550% Investment Objective: The fund aims to generate capital appreciation by investing in a diversified portfolio of large and mid-cap stocks Performance Details Absolute Returns of the fund (Regular Plans) - 1-Year Return: 27% - 2-Year Return: 30% - 3-Year Return: 55% - 5-Year Return: 135% - 10-Year Return: 650% - 15-Year Return: 2,550% (1 Lac would have turned to 26.5 Lacs) Annualised Returns of the fund (Regular Plans) - 1-Year Return: 27% - 2-Year Annualised Return: 14% - 3-Year Annualised Return: 16% - 5-Year Annualised Return: 18% - 10-Year Annualised Return: 22% - 15-Year Annualised Return: 24.1% Risk Metrics - Mean Return: 18.7 (average return generated based on last 3 years monthly returns) - Standard Deviation: 12.8 (Higher the Standard deviation, higher volatility) - Sharpe: 1.07 (excess returns generated compared to total risk) - Sortino: 2.1 (higher ratio compared to peers and is a better risk adjusted performance) - Beta: 0.89 (Swings compared to benchmark; - Alpha: 0.34 (returns compared to benchmark; higher than 1 is better) Our View: This is a Large-Midcap fund that invests in large cap stocks and mid-sized companies. Since it invests in midcap stocks component it is categorised as high risk. Such funds are rewarded with good returns too. This fund has been a consistent performer that has generated 17.3% annualised returns since inception. High risk investors can invest in such funds for medium to long term perspective. You may like: 5 Mutual Funds with 3 Year Returns of 160% to 215% #5 – Edelweiss Mid Cap Fund – 15-Year Returns: 2,460% Investment Objective: The investment objective is to seek to generate long-term capital appreciation from a portfolio that predominantly invests in equity and equity-related securities of Mid Cap companies. Performance Details Absolute Returns of the fund (Regular Plans) - 1-Year Return: 48% - 2-Year Return: 60% - 3-Year Return: 98% - 5-Year Return: 213% - 10-Year Return: 715% - 15-Year Return: 2,460% (1 Lac would have turned to 25.46 Lacs) Annualised Returns of the fund (Regular Plans) - 1-Year Return: 48% - 2-Year Annualised Return: 26% - 3-Year Annualised Return: 25% - 5-Year Annualised Return: 25% - 10-Year Annualised Return: 23% - 15-Year Annualised Return: 23.7% Risk Metrics - Mean Return: 27.4 (average return generated based on last 3 years monthly returns) - Standard Deviation: 15.07 (Higher the Standard deviation, higher volatility) - Sharpe: 1.49 (excess returns generated compared to total risk) - Sortino: 2.91 (higher ratio compared to peers and is a better risk adjusted performance) - Beta: 0.96 (Swings compared to benchmark; - Alpha: minus 0.67 (returns compared to benchmark; higher than 1 is better) Our View: Like I indicated earlier, Midcap mutual funds invest in mid-sized companies and are high risk, however, rewarded with high returns. This fund has been a consistent performer that has generated 13.45% annualised returns since inception. High risk investors can invest in such funds for medium to long term tenure. Conclusion: In summary, the mutual fund schemes highlighted in this article have generated superior performance over the past fifteen years. This could be attributable to bull run in the last 1 year.  However, small cap funds or midcap funds are highly volatile and hence high risk. Investors should carefully assess their risk tolerance, investment goals, and time horizon before considering any of these funds. Read the full article