Mutual
Funds:
Sharekhan
has identified the best equity scheme for SIP investment based on three
parameters: minimum corpus as indicated by at least 10% of the average
category corpus, the past performance as indicated by one, three and five
year returns and risk returns ratios namely Sharpe, Information and Sortino.
Best SIP
fund picks are as follows:
Tax Saving
Funds
Fidelity Tax Advantage Fund, HDFC Taxsaver, ICICI Prudential Taxplan.
Large-Cap
Funds
Start SIP in Franklin India Bluechip, DSP BlackRock Top 100 Equity Fund
and Birla Sun Life Frontline Equity Fund.
Multi-Cap
Funds
HDFC Equity Fund, Reliance Equity Opportunities Fund, ICICI Prudential
Dynamic Plan
Mid-Cap
Funds
Recommendations for SIP in IDFC Premier Equity Fund, UTI Mid Cap Fund,
Sundaram Select Midcap.
| Best
Funds for Investment: |
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HDFC
Equity Fund:
This
is a 5 Star rated open ended fund with below average risk and high
return grade fund. HDFC Equity Fund has given a good return of about
20% in 3 years and 23% since its launch in December 1994. This is
a Multi Cap equity fund with good track record. HDFC equity fund
major invested in Financial sector, energy, technology, healthcare
and metals. Fund has invested a major part in stocks like State
Bank of India, ICICI Bank, Reliance Industries, Tata Consultancy
Services, Infosys Technologies. Fund paying dividends in regular
interval one can start a SIP in this fund for atleast a period of
3-5 years to see good returns. For
more detail Click Here
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DSP
BlackRock Micro Cap Fund:
This
is a 5 Star rated Open ended Mid - Small Cap fund with average risk
and high return. With a return of about 15% in last 3 years.
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ICICI
Pru Discovery Fund:
This
is a 5 Star rated open ended fund with low risk and high return
capacity. Fund has given a good return of about 24% in 3 years and
consistance return of more than 15% in 5 years. This is a mid and
small cap equity fund.
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DSP
BlackRock Micro Cap Fund:
This
is a 5 Star rated Open ended Mid - Small Cap fund with average risk
and high return. With a return of about 15% in last 3 years.
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