Here are five best mutual funds for you

Best mutual funds for investing is one of the most asked questions of investors from their investment advisors, colleagues and kin. In a bid to meet investment goals, best mutual funds list is helpful to an extent. This makes it easier for investors to allocate funds and manage their portfolio in a proficient manner. According to the experts, SBI small-cap has been the top pick of mutual fund advisors while Mirae Asset Large Cap Fund, Kotak Emerging Equity Fund, Axis Long term equity fund and HDFC Small-cap fund have performed better over the last few years. 

Asked about the best mutual funds in the equity category where an investor can think of investing Balwant Jain, a Mumbai-based tax and investment expert said, “My favourite small-cap fund is SBI small-cap which was earlier known and SBI small and midcap fund. It was giving return of 2.38% for one year, 13.62% for three years period and 20.77% for five years against 7.99%, 7.08% and  12.86%  respectively as a category.”

On role of categories in equity mutual funds Manikaran Singh, a Sebi registered tax and investment expert said, “Equity mutual funds are of three types — small-cap, mid-cap and large-cap. Large-cap stocks have the largest volume and least movement while in mid-cap stocks, we observe higher volume than small-cap but lesser volume than large-cap and hence its movement is lesser than small-cap stocks and higher than large-cap stocks. Therefore, small-cap mutual funds have the highest movement, mid-cap mutual funds have lesser movement than small-cap but higher movement than large-cap while large-cap mutual funds have lest movement in these three types of equity mutual funds.” However, he maintained that selection of the category completely depends upon the risk-appetite of the mutual fund investor. 

Zee Media Newsroom