Best Mutual Funds SIP to invest in 2018

Best Mutual Funds SIP to invest in 2018

Today, I will share 10 Best Mutual Funds SIP to invest in 2018. These mutual funds are shortlisted based on several key parameters.

Shortlisting parameters

1. Types of Funds: These mutual funds are shortlisted on the basis of the type of funds like large-cap, multi-cap, mid-cap, small-cap, and ELSS. Two mutual funds have shortlisted from each category.

2. AUM: Shortlisted on the basis of AUM (Assets Under Management). All the selected mutual funds here are higher in asset size – 2500 Cr or above.

3. Crisil Rating: Crisil rated these mutual funds as Rank-1, Rank-2, and Rank-3.

4. Value Research Rating: Value Research rated these mutual funds as 5 stars, 4 stars, and 3 stars.

5. Fund Performance: These mutual funds shortlisted on the basis of 3-5 years performance.

On the basis of the above parameters, the Best Mutual Funds SIP to invest in 2018 are given below

Scheme Name	Value Research Rating (Out of 5)	Crisil Rank	Returns in Percentage*
		For quarter ended Sep 2017	1 Year	3 Years	5 Years
Large Cap Fund
SBI Bluechip Fund	5	2	32.32	14.32	18.5
Mirae Asset India Opportunities Fund	5	2	40.14	16.25	20.96
Multi Cap Fund
Franklin India Prima Plus	4	3	32.41	13.14	18.79
SBI Magnum Multicap Fund	5	2	39.28	17.26	21.14
Mid Cap Fund
Mirae Asset Emerging Bluechip Fund	5	2	50.63	24.6	30.73
Franklin India Prima Fund	4	3	40.93	17.95	25.2
Small Cap Fund
Reliance Small Cap Fund	3	2	65.37	26.42	34.37
L&T Emerging Businesses Fund	4	1	67.7	28.24	NA
ELSS Fund
Axis Long term Equity Fund	4	3	38.25	13.71	22.86
Aditya Birla Sun Life Tax Relief 96	5	2	45.96	17.96	22.14
*As on 28/12/2017 Data Source: Value Research Online

Large Cap Mutual Funds

1. SBI Bluechip Fund

SBI Bluechip Fund aims to provide investors with opportunities for long-term growth in capital. The scheme would invest in a diversified basket of equity stocks of companies whose market capitalization is at least equal to or more than the least market capitalised stock of S&P BSE 100 Index. Currently, the fund is predominantly large cap with opportunistic allocations to high conviction midcaps (up to 20%). The fund is suitable for investors who want exposure to blue-chip Indian companies from a medium to long-term perspective. This fund is managed by Ms. Sohini Andani and she is managing this fund since Sep 2010.

Scheme Name	Value Research Rating (Out of 5)	Crisil Rank	Returns in Percentage*
		For quarter ended Sep 2017	1 Year	3 Years	5 Years
Large Cap Fund
SBI Bluechip Fund	5	2	32.32	14.32	18.5
Mirae Asset India Opportunities Fund	5	2	40.14	16.25	20.96
*As on 28/12/2017

2. Mirae Asset India Opportunities Fund  

Mirae Asset India Opportunities Fund is an open-ended equity oriented scheme that strives to maximise opportunities under different market conditions. The investment approach of the scheme is centered around participating in high-quality businesses upto a reasonable price and holding the same over an extended period of time. The fund combines consistency of large caps with conviction ideas from midcaps. This fund is managed by Mr. Neelesh Surana and Mr. Harshad Borawake.

Multi Cap Mutual Funds

1. Franklin India Prima Plus

The fund predominantly invests in companies that run large and established businesses and have a long track record. This fund also has some exposure to small cap and mid-cap companies to boost the growth potential of the fund without significantly increasing overall risk. The fund is suitable for Investors who are seeking long-term capital appreciation. This fund is managed by Mr. Anand Radhakrishnan, Mr. Janakiraman Rengaraju, and Mr. Srikesh Karunakaran Nair.

Scheme Name	Value Research Rating (Out of 5)	Crisil Rank	Returns in Percentage*
		For quarter ended Sep 2017	1 Year	3 Years	5 Years
Multi Cap Fund
Franklin India Prima Plus	4	3	32.41	13.14	18.79
SBI Magnum Multicap Fund	5	2	39.28	17.26	21.14
*As on 28/12/2017

2. SBI Magnum Multicap Fund

This scheme would invest in a diversified basket of equity stocks spanning the entire market capitalization spectrum and in debt and money market instruments. The fund invests 50-90% in large-cap, 10-40% in midcap and 0-10% in small cap. The fund aims to provide investors with opportunities for long-term growth in capital along with the liquidity. The fund is suitable for investors looking for capital appreciation with a long-term investment horizon. This fund is managed by Mr. Anup Upadhyay and he is managing this fund since February 2017.

Mid Cap Mutual Funds

1. Mirae Asset Emerging Bluechip Fund

Mirae Asset Emerging Bluechip Fund provides investors the opportunity to participate in the growth of today's medium sized but emerging companies which have the potential to perform well in the coming years. The fund predominantly invests in companies which are not part of top 100 stocks by market capitalization and have a market capitalization of at least Rs. 100 crores at the time of investment. This fund is managed by Mr. Neelesh Surana.

Scheme Name	Value Research Rating (Out of 5)	Crisil Rank	Returns in Percentage*
		For quarter ended Sep 2017	1 Year	3 Years	5 Years
Mid Cap Fund
Mirae Asset Emerging Bluechip Fund	5	2	50.63	24.6	30.73
Franklin India Prima Fund	4	3	40.93	17.95	25.2
*As on 28/12/2017

2. Franklin India Prima Fund

Franklin India Prima Fund invests predominantly in small and mid-sized companies which tend to exhibit higher growth rates than well-established large-sized companies. It aims to identify companies at an early stage of the business life cycle as they have a greater potential for growth. The fund is suitable for Investors who are seeking long-term capital appreciation. This fund is managed by Mr. Janakiraman Rengaraju, Mr. Hari Shyamsunder and Mr. Srikesh Karunakaran Nair.

Small Cap Mutual Funds

1. Reliance Small Cap Fund

The objective of the scheme is to generate long-term capital appreciation. The fund invests predominantly in equity and equity related instruments of small cap companies. The fund also focuses on generating consistent returns by investing in debt and money market securities. The fund focuses on identifying good businesses with reasonable size, quality management, and rational valuation. This fund is managed by Mr. Samir Rachh.

Scheme Name	Value Research Rating (Out of 5)	Crisil Rank	Returns in Percentage*
		For quarter ended Sep 2017	1 Year	3 Years	5 Years
Small Cap Fund
Reliance Small Cap Fund	3	2	65.37	26.42	34.37
L&T Emerging Businesses Fund	4	1	67.7	28.24	NA
*As on 28/12/2017

2. L&T Emerging Businesses Fund

L&T Emerging Businesses Fund is an open-ended equity growth scheme. The fund invests in emerging businesses which have the potential to become future giants and deliver higher alpha. The objective of the scheme is to generate long-term capital appreciation. It invests in equity and equity-related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies. This fund is managed by Mr. S. N. Lahiri and Mr. Karan Desai.

ELSS Mutual Funds

1. Axis Long Term Equity Fund

Axis Long Term Equity Fund is an ELSS with a 3-year lock-in. The investments under ELSS are eligible for IT exemptions under section 80C of the Income Tax Act, 1961. The scheme is suitable for an investment horizon of at least 3-5 years or more. This fund is suitable for Investors who are seeking capital appreciation over the long term and investment in a diversified portfolio predominantly consisting of equity and equity related instruments. This fund is managed by Mr. Jinesh Gopani since 01 Apr 2011.

Scheme Name	Value Research Rating (Out of 5)	Crisil Rank	Returns in Percentage*
		For quarter ended Sep 2017	1 Year	3 Years	5 Years
ELSS Fund
Axis Long term Equity Fund	4	3	38.25	13.71	22.86
Aditya Birla Sun Life Tax Relief 96	5	2	45.96	17.96	22.14
*As on 28/12/2017

2. Aditya Birla Sun Life Tax Relief 96

Aditya Birla Sun Life Tax Relief 96 is an open-ended ELSS Scheme with a lock-in of 3 years from the date of allotment. This fund provides tax benefit to investors under section 80C of the Income Tax Act. The investment objective of the fund is to save tax while growing your money through equity investments. The fund is suitable for investors who are seeking long-term capital growth. The fund invests in equity and equity-related securities. This fund is managed by Mr. Ajay Garg.

Disclaimer: This article is strictly for informational purposes only. Mutual funds do not guarantee any returns. Past performance of a fund may or may not sustain in the future. Please consult a mutual fund advisor or a financial planner before taking any investment decision.

Also read: How to invest in mutual funds online?
Also read: How to start a SIP? 

Also read: Direct mutual funds platform in India to invest online
Also read: All about ELSS | Equity Linked Savings Scheme | Tax saving mutual funds

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Best Mutual Funds SIP to invest in 2018