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Mutual Funds:

Top fund picks for SIP:

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:

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

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.

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.

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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