3 best mutual fund for SIP in large cap

By | February 19, 2018

  Mutual fund investments are in popular these days for providing the best investment options for the long-term creation of wealth. It is one of the best decisions to earn high returns . The basics of the mutual fund is that you invest money in a fund along with load of other people.  A mutual fund collects money from investors and invests the money on their behalf. It charges a small fee for managing the money.

Invest directly with a mutual fund or through  mutual fund advisor. If you are investing directly, you will invest in the direct plan of a mutual fund scheme. If you are investing through an advisor, you will invest in the regular plan of the scheme.

Also read : 3 way to evaluate management of company

Types of mutual fund

There are two broad types of mutual funds available in India. They are the open ended and closed ended mutual funds.

Open ended mutual funds are those where investors can  buying and selling of units at any time. There are no maturity periods or investment periods for these funds.

Closed ended mutual funds are those where the fund comes with a fixed maturity period.

More than thousand mutual fund scheme available in the market. So it is very critical to find best one. Which have been performing well consistently, is advisable.

 You can consider investing in the below  best mutual fund  for a high return, but you can invest for a minimum of 5 years.

1 Aditya Birla Sun Life Frontline Equity Fund

The scheme is ranked 3 in Large cap category by Crisil

NAV as on 16 Feb 2018 –  215.520

Returns (NAV as on 16 Feb, 2018)

        Period                                 Return (%)

1 year                                    17.0

2 year                                   23.2

3 year                                     8.7

5 year                                    16.9

2 ICICI Prudential Focused Bluechip Equity Fund

The scheme is ranked 2 in Large cap category by Crisil

NAV as on 16 Feb 2018 –  39.860

Returns (NAV as on 16 Feb, 2018)

          Period                                       Return (%)

1 year                                         20.2

2 year                                         25.7

3 year                                          9.5

 5 year                                         16.8

3 IDFC Focused Equity Fund

The scheme is ranked 1 in Large cap category by Crisil

NAV as on 16 Feb 2018 –  38.841

Returns (NAV as on 16 Feb, 2018)

         Period                                     Return (%)

1 year                                        34.3

2 year                                        31.5

3 year                                       10.5

5 year                                       14.9

Data source : moneycontrol.com

The values/returns of the mutual fund always tend to frequent change. The previous performance may not repeat. Investing in mutual funds is a good decision but in an efficient manner. These funds are the best SIP to invest for high return.

 

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