Top 10 best performing mutual funds

Investment in mutual fund is always a better option for those who don’t prefer to take risk by directly investing in equity. The relevant article on safe investment can be found on https://manowise.com/which-is-the-best-mutual-fund/

The top 10 best performing mutual funds (multi cap) on the basis of average return of the last 5 years are as follows:

 

1. Quant active fund:

Quant Active Fund is a Multi Cap mutual fund. This fund was launched in January 2013 thus completing around 10 years.

Other basic facts are:

• Assets under management (AUM) – ₹3,480 Crores as on 30/09/2022 (relatively smaller fund)
• Expense ratio of 0.58% (lesser than the similar funds)
• Quant Active Fund Direct-Growth average returns of last 5-year are 29.54% against the category average 15.50%
• The fund’s major holdings are in State Bank of India, ITC Ltd, Ambuja Cements Ltd, Adani Ports and Special Economic Zone Ltd, IRB Infrastructure Developers Ltd.

2. Quant Large and Mid-Cap Fund:

This is a Large and Mid-Cap mutual fund. This fund was also launched on 01/01/2013.

Other basic facts are:

• Assets under management (AUM) – ₹439 Crores as on 30/09/2022 (relatively smaller fund)
• Expense ratio of 0.56% (lesser than the similar funds)
• Quant Large and Mid-Cap average returns of last 5-year are 22.42% against the category average 17.36%
• The fund’s major holdings are in ITC Ltd, Reliance Industries, Adani Ports and Special Economic Zone Ltd, PNB.

3. Quant Focused Fund:

This is a Focused mutual fund scheme. This fund was also launched on 01/01/2013 by Quant Mutual Fund.

Other basic facts are:

• Assets under management (AUM) – ₹183 Crores as on 30/09/2022 (small fund)
• Expense ratio of 0.57% (lesser than the similar funds)
• Quant Focused mutual fund average returns of last 5-year are 20.53% against the category average 16.37%
•  The fund’s major holdings are in SBI, Reliance Industries, Adani Ports and Special Economic Zone Ltd, United Spirit.

4.  PGIM India Flexi Cap Fund

PGIM India Flexi Cap Fund is a Multi Cap mutual fund. This fund has been in existence for around 8years.

Other basic facts are:

• Assets under management (AUM) – ₹5,380 Crores as on 30/09/2022 (Medium size fund)
• Expense ratio of 0.35% (lesser than the similar funds)
• Average returns of last 5-year are 20.39% against the category average 15.48%
• The fund’s major holdings are in HDFC Bank, ICICI Bank, Axis Bank, Reliance Industries, Bank of Baroda.

5. Parag Parikh Flexi Cap Fund

Parag Parikh Flexi Cap Fund is a Multi Cap mutual fund. This fund has been in existence for more than 9 yrs.

Other basic facts are:

• Assets under management (AUM) – ₹28,546 Crores as on 30/09/2022 (Medium size fund)
• Expense ratio of 0.76% (lesser than the similar funds)
• Average returns of last 5-year are 18.98% against the category average 15.61%
• The fund’s major holdings are in HDFC Ltd, Bajaj Holding & Investment, ICICI Bank, ITC, HCL Technologies Ltd.

6. Mirae Asset Emerging Bluechip Fund

 Mirae Asset Emerging Bluechip Fund is a Large and Mid-Cap mutual fund launched by Mirae Asset Mutual Fund. This fund has been in existence for around 10 years.

Other basic facts are:

• Assets under management (AUM) – ₹24,643 Crores as on 30/09/2022 (Medium size fund)
• Expense ratio of 0.68% (lesser than the similar funds)
• Average returns of last 5-year are 18.77% against the category average 17.41%
• The fund’s major holdings are in HDFC Bank, Axis Bank, ICICI Bank, Infosys, Reliance Industries Ltd.

7. Kotak Equity Opportunities Fund

 This is a Large and Mid-Cap mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for around 10 yrs.

               Other basic facts are:

 

• Assets under management (AUM) – ₹11,662 Crores as on 30/09/2022 (Medium size fund)
• Expense ratio of 0.59% (lesser than the similar funds)
• Average returns of last 5-year are 18.18% against the category average 17.49%
• The fund’s major holdings are in ICICI Bank, SBI, Axis Bank, L&T Ltd. Reliance Industries.

• Edelweiss Large & Mid Cap

Edelweiss Large & Mid Cap Direct Plan-Growth is a Large and MidCap mutual fund scheme from Edelweiss Mutual Fund. This fund has been in existence for around 10 yrs.

            Other basic facts are:

• Assets under management (AUM) – ₹1,696 Crores as on 30/09/2022 (Medium size fund)
• Expense ratio of 0.48% (lesser than the similar funds)
• Average returns of last 5-year are 18.02% against the category average 17.49%
• The fund’s major holdings are in ICICI Bank, HDFC Bank, Reliance Industries, Axis Bank, State Bank of India.

9. Canara Robeco Emerging Equities

Robeco Emerging Equities Fund is a Large and Mid-Cap mutual fund. This fund has been in existence for around 10 yrs.

Other basic facts are:

• Assets under management (AUM) – ₹15,854 Crores as on 30/09/2022 (Medium size fund)
• Expense ratio of 0.60% (lesser than the similar funds)
• Average returns of last 5-year are 17.49% against the category average 17.49%
• The fund’s major holdings are in ICICI Bank, HDFC Bank, Reliance Industries, Infosys, State Bank of India.

10. Canara Robeco Bluechip

Canara Robeco Bluechip Equity Fund is a Large Cap mutual fund. This fund has been in existence for around 10 yrs.

Other basic facts are:

• Assets under management (AUM) – ₹8,832 Crores as on 30/09/2022 (Medium size fund)
• Expense ratio of 0.42% (not more than the similar funds)
• Average returns of last 5-year are 16.89% against the category average 14.42%
• The fund’s major holdings are in ICICI Bank, HDFC Bank, Reliance Industries, Infosys, State Bank of India.

Conclusion– an investor can invest his fund in mix of the various mutual funds depending his investment plan. Ideally investment in 3-4 different funds are suggested to minimize the risk of market volatility. However, starting the investment at early stage of the life is highly recommended to get the benefits of compounding to the maximum. Investment in mutual funds can be done either through authorised distributors of mutual fund or through online Apps like ET money or any other reliable platforms. 

Happy investing…..