Tuesday 19 December 2017

Revamp Your Wealth by Investing in These Top Performing Mutual Funds


For realizing your lives' dreams, it is essential to draw a well-lit financial plan that apart from magnifying your riches, can ensure monetary security. Investments in the best mutual funds can increase the chances of achieving your financial goals, as those schemes are carefully designed on the basis of various market factors. Some people try to track the market trends and wait for the right time to park their money even when they are investing in the top performing mutual funds in India, which weakens the prospects of their wealth to prosper and blow gold. In this article, you'll get your knowledge strengthened for devising proper investment avenues and be able to get acquainted with various market intricacies.

What Are the Top Performing Mutual Funds?  

The top mutual funds are tabbed on the basis of their performance track record and the continuity in providing decent returns overtime. The following are some best-performing mutual funds to invest in India that have been shortlisted on the basis their remarkable conduct in the market and will be a great help in making wiser investment decisions.
  1. L&T Emerging Businesses Fund (G) : It is an open-ended growth investment plan of the small-cap category that caters the needs of the investors seeking financial control, capital appreciation, and consistent returns. Together with an NAV of Rs. 27.1 as on 1st December 2017, and assets managed to the tune of Rs. 1581.4 crore, this fund has outperformed its competitors by giving high returns up to 53.4% and 26.16% for a 1 yr and 3 yr investment period, respectively. 
  2. Motilal Oswal MOSt Focused Multicap 35 Fund (G) : It is an open-ended diversified equity fund, which mainly invests in the equity and equity-related securities along with foreign securities in the international market. The NAV of the fund as on 1st December 2017 is 26.08, along with assets managed to the tune of Rs. 9178.99 crore. The performance of the fund has been quite impressive giving lucrative returns shooting up to 33.37% and 19.95% for a 1 yr and 3 yr investment, respectively.
  3. Mirae Asset Emerging Bluechip Fund (G) : It is a growth investment plan pertaining to the mid-cap category. The performance graph of this fund has been gaining height considerably and is rated among one of the best performing mutual funds in India. The NAV of this scheme stood at Rs. 50.45 as on 1st December 2017, with assets under management of a total Rs. 4304.67 crore. The 1 yr and 3 yr returns as on 30th June 2017, stood at 38.41% and 23.1%, respectively.
  4. DSP BlackRock Micro-Cap Fund (G) : It is an open-ended small cap growth fund, which aims at stabilizing the invested capital and generate lucrative returns in the long-term by investing into small-cap corporates and firms. This fund saw an NAV of Rs. 66.24 as on 1st December 2017, with assets worth Rs. 5791.12 being managed under its watch. The fund has been successful in rewarding its investors well with returns soaring up to 32.02% and 23.62% for a 1 yr and 3 yr investment, respectively.
Mutual Fund industry is a puzzle hard to solve, but is filled with enormous opportunities that can be grabbed if properly approached. By investing in the aforementioned top performing fund houses, you can increase the chances of your wealth being catapult with full force. Flip through online portals like MySIPonline and get a detailed insight of these AMC’s current products and reward streams. 

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