7 mutual funds to invest in based on high ratings from research agencies
Axis Bluechip Fund
Axis Bluechip Fund invests in equities and instruments linked to equities of large cap companies. The fund has been rated 5 stars by Morningstar and Value Research.
The net asset value under the growth plan is Rs 42.42, a level at which new investors are expected to invest. A SIP is also possible as an investment, which could be done with a minimum investment of Rs 500. If you are looking to invest wholesale in the Axis Bluechip fund, this is undesirable as the Sensex has 52,500 points is near its peak. So a phased investment in Axis Bluechip or some other mutual fund system would be the right way to invest.
The fund has returned investors around 44.78% over the past year, while the 5-year returns are 16.37%.
UTI Flexi Cap Fund
The UTI Flexi Cap fund generates long-term capital appreciation by investing in equities and equity-linked securities of companies of all market capitalizations. The fund has been rated 5 stars by Crisil and Value Research.
This fund has delivered phenomenal returns of almost 68% over the past year. AUM is significant at over 18,000 crore. The biggest advantage of flexi cap funds is that the fund manager can move freely from large caps to mid and small caps and vice vesa.
For investors who have a 5-7 year time horizon, this investment could be a good bet. A SIP UTI Flexi Cap Fund is also possible with a sum of Rs 500 each month. The fund’s net asset value is Rs 234.39 as part of the growth plan.
ICICI prudential bond fund
If, as an investor, you are looking for regular income, go for this debt fund, which is rated 5 stars by Morningstar and 4 stars by Value Research.
The program aims to generate income through investments in a range of debt and money market instruments while maintaining an optimal balance between yield, security and liquidity.
In line with falling interest rates, this ICICI Prudential Bond fund generated 4.5% 1 year returns for investors, while 3 year returns were close to 9% and 5 year returns. 7.87% years. Most of the investments are either in securities issued by the state government or in securities issued by the Indian government.
Mirae Asset Tax Savings Fund
This fund allows you to save tax under the SEC80C of income tax, subject to a cap of Rs 1.5 lakhs each fiscal year. This essentially saves you tax as well as capital appreciation by investing your money in equity-linked instruments.
Mirae Asset Tax Saver Fund has been rated 5 stars by Value Research and Morningstar. The fund has given investors a whopping 65.58% return over the past year. The fund’s assets under management amount to almost 8,000 crore. Investors may also seek to invest via the SIP channel in the fund.
Mirae Asset Tax Saver Fund has invested in stocks such as HDFC Bank, ICICI Bank, Infosys, Axis Bank and TCS. For those looking to save taxes while generating returns by investing for the long term, this program is a good investment.
Axis Small Cap Fund
This is a fund that is only suitable for investors who are willing to take the risk. This is because the returns of small cap stocks are very volatile and tend to fall faster than the markets, so the risk remains there. Likewise, they are also capable of generating much higher returns compared to indices.
Axis Small Cap Fund has been rated 5 stars by CRISIL and Value Research. The fund invested in shares of Galaxy Surfactants, Tata Elxi, JK Lakshmi Cement, Narayana Hrudayalaya etc.
Since this is a small cap fund, we suggest investors look to SIPs, which would help you hedge your risk in the event of a severe market downturn.
Nippon India Gilt Securities Fund
This investment is for investors looking for absolute security as the money is invested in state or central government securities. The fund is rated “5 stars” by Morningstar. There is not much to say here as the capital is safe and the returns would be low as the interest rates are low.
Nippon India Gilt Securities Fund has invested heavily in government securities.
ICICI Prudential All Season Bond Fund
The difference between ICICI Prudential All Seasons Bond Fund and the Gilt Securities Fund mentioned above, is that Gilt Funds invest money exclusively in government securities, while bond funds also invest in corporate instruments. such as debentures or non-convertible bonds.
This bond fund has been rated 5 stars by Value Research. The fund’s three-year returns were 8.54%, while the five-year returns approached the 8% mark. If you are looking for safety and returns, these bond funds can be a good bet.
Investing in mutual funds is risky and investors should understand the risk. Greynium Information Technologies and the author assume no responsibility for any losses incurred on the basis of the decisions contained in the article. The article is intended for informational purposes only.