Australia Finance

Jun 21 2018

Best Equity Mutual Funds to Invest in 2017 – Top Performing Mutual Funds

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Best Equity Mutual Funds to Invest in 2017 Top Performing Mutual Funds

1) For tax benefit (deduction u/s 80C) you need to invest in ELSS mutual funds. See some of the best performing ELSS funds:
http://wealth18.com/best-elss-tax-saving-mutual-funds-for-investment-in-2014/

2) Regarding other funds, both HDFC Top 200 Mutual fund and ICICI Prudential Dynamic Plan – Growth are not performing in line with other peer performance. You may consider making new investments in other funds. See the post below
http://wealth18.com/best-top-performing-equity-mutual-funds-to-invest/

I am 33 years old. My investment portfolio looks like this, PF is about 80k P.A, PPF 1.5L P.A. And also had into stocks with long term horizon. My goal is to build healthy/diversified port polio. Below is the MFs investment: Recently switched all of my MFS to direct method from regular for good returns. Please advice me on my mutual fund port polio any changes/adjustments/modification required. Eagerly waiting for your reply .

Axis Long Term Equity Direct 3k

Birla SL MNC Direct-G 3k
UTI MNC Direct-G -2k
Franklin India High Grth Companies Direct-G -2k

SBU Magnum Midcap Direct -1500
BNP Paribas midcap regular 3k

DSPBR Micro Cap Direct-G 2k
Reliance Small Cap Direct-G 1500
Franklin India Smaller Companies Direct-G 1500

SBI Pharma Direct-G 1500

The funds selected by you are good one. Please also see other best performing funds are given in the post below

Thank you for the wonderful article.

I would like to invest 50K PM in SIP for long term to meet my childrens educational expenses from 7th to 10th years from now.

I have initiated the below SIPS each 5K per month

SBI Blue Chip Fund
Frankline Prima Plus Fund
HDFC Balanced Fund Growth Option
BSL Frontline quity
UTI Midcap
Frankline India Smaller Companies Fund
SBI Midcap

Please suggest if the above is fine

Also please suggest remaining 15K per month..which other funds to be chosen

Many thanks in advance

As you are investing for long term, you shoudl consider Equity funds with large portion in mid/small cap
The funds selected by you are good one. Please also see other best performing funds are given in the post below

The funds selected for performing well BUT yoru time horizon shoudl be long.

The stock market is currently high and may not give similar returns in the short term again. When you invest in Equties, your time horizon should be long term 5-7 years. It may be possible that you will not get similar returns in next 1-2 years and there is risk.

Also investing a large amount in lumpsum expose you to the risk of investing when market is high. If you split your investment over variosu months, then the price will be averaged.

I suggest you to put the 9 lakh in Sweepin FD and then start monthly SIP for these funds (for approx 75K or 1 lakh a month)

Hi Vivek. I want to invest 12000 p.m. for 10 years and want accumulate approximately 30 lacs. Will it be better to invest directly in stocks through SIP rather than investing in mutual funds through SIP. Plz help.

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