In case, you have a large-cap fund and also a mid-cap based fund in your portfolio, can give this category a miss. You may consider below Flexi-cap funds for your long term financial goals. Flexi Cap funds can invest minimum 65% of its assets in equity and equity related instruments with dynamic allocation across large cap, mid cap, and small cap stocks. Hence, I believe, flexi-cap (new category) can be a better alternative to multi-cap oriented funds. These new norms have taken away the flexibility. The fund managers have to mandatorily allocate at least 25% each in large-, mid-, small-cap stocks. However, SEBI, in a recent circular, has tweaked the Asset allocation rules for multi cap mutual funds. At present, fund managers of multi cap funds can invest across market capitalization as per their choice. Considering the past performance, risk-return trade off and cost, advisable to stick / switch to any large-cap based index fund.Īs per the old guidelines, a Multi-cap Mutual fund scheme or Diversified Equity Scheme can invest a minimum of 65% of total assets across large, mid and small cap stocks.If you are planning to invest afresh, it is prudent to go for large-cap based index funds than actively managed large-cap Funds.Most of the large-cap funds have not out-performed their benchmark indices in the few years (after the implementation of SEBI’s re-categorization rules).The above funds were listed even in my last year review as well.Canara Robeco Equity Tax Saver (ELSS – Tax Saving).Invesco India Tax Plan (ELSS – Tax Saving).Axis Long Term Equity Fund (ELSS – Tax Saving).Parag Parikh Flexi-cap Fund (Diversified).ICICI Prudential Bluechip Fund (Large-cap).
#Best performing mutual funds last 1 year how to
In this post, let us discuss – What are the Top 15 Best Mutual Funds 2021-22? How to select top & consistent Equity Mutual Fund performers? What are the best large-cap, flexi-cap, mid-cap, tax saving ELSS and Equity Hybrid funds to invest now?… Top 15 Best Mutual Funds 2021 & beyondĪs per my analysis, below is the list of best Equity Mutual Funds to invest in India (now in 2021) Hence, it is prudent to follow a goal-based approach rather than timing the market and with a proper Asset Allocation. You need to have conviction in your investment strategy.Ī mere of selection of Best Equity Mutual funds is not enough, you got to stay invested and continue investing in them as per your investment objective. If you have been investing for a long-term, these kind of market falls can actually be a great chance to make additional investments.
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