- Which are the 4-star rated mutual funds available now?
- These include SBI Bluechip Fund, UTI Liquid Cash Fund, SBI Equity Hybrid Fund, etc
Doesn’t matter whether it’s a living or non-living object, everything is getting rated in this competitive environment and more so in the financial sphere. In this sphere, a wealth creation tool also exists in the form of mutual funds that spread the investor capital across a wide range of equity and debt instruments. Since you would be investing your hard earned money in this asset class, it is important to check the rating of the fund. The rating, which is typically given in 1 to 5 stars, tells about the performance of the fund. Funds with 3 and above are considered good. We have already disclosed mutual funds with a 5-star rating earlier. It’s time to see which are 4-star rated funds across equity, debt and hybrid categories.
Equity Mutual Funds with a 4-star Rating
These funds invest in the high-return proposition of stocks to build surplus money over time. The table below lists out equity mutual funds with a 4-star rating.
|Equity Mutual Funds with a 4-star Rating||1-year Return||3-year Return||5-year Return||10-year Return|
|SBI Bluechip Fund||-3.68%||5.58%||10.88%||12.03%|
|Franklin India Prima Fund||-9.25%||4.95%||12.45%||16.74%|
|DSP Midcap Fund||-10.18%||5.72%||13.08%||16.54%|
|HDFC Mid-Cap Opportunities Fund||-13.90%||4.68%||11.64%||17.91%|
|Aditya Birla Sun Life Equity Fund||-5.96%||7.32%||11.01%||12.87%|
|Reliance Small Cap Fund||-18.47%||7.68%||13.32%||-|
|Franklin India Smaller Companies Fund||-18.58%||1.05%||10.22%||16.81%|
|IDFC Tax Advantage (ELSS) Fund||-11.61%||7.21%||10.45%||13.72%|
|DSP Tax Saver Fund||-2.73%||7.67%||12.01%||14.14%|
Debt Mutual Funds with a 4-star Rating
These funds invest in a myriad of fixed income instruments such as bonds, debentures, etc. Check out the table below to which debt funds are assigned with 4 stars.
|Debt Mutual Funds with a 4-star Rating||1-year Return||3-year Return||5-year Return||10-year Return|
|UTI Liquid Cash Fund||7.44%||7.10%||7.59%||7.81%|
|Aditya Birla Sun Life Liquid Fund||7.47%||7.10%||7.63%||7.90%|
|Axis Short Term Fund||9.75%||7.55%||8.22%||-|
|IDFC Bond Fund Short Term Plan||10.03%||7.41%||8.09%||7.77%|
|Axis Treasury Advantage Fund||8.95%||7.56%||7.95%||-|
|ICICI Prudential Savings Fund||8.73%||7.80%||8.31%||8.33%|
|Reliance Low Duration Fund||6.79%||6.92%||7.61%||7.64%|
|IDFC Low Duration Fund||8.74%||7.65%||8.17%||8.29%|
|ICICI Prudential All Seasons Bond Fund||10.21%||8.15%||10.17%||-|
Hybrid Mutual Funds with a 4-star Rating
These funds allow investors to benefit from capital appreciation and income generation by investing in a mix of equity and debt instruments. There are some hybrid funds that come with a rating of 4 stars. Check out them in the table below.
|Hybrid Mutual Funds with a 4-star Rating||1-year Return||3-year Return||5-year Return||10-year Return|
|ICICI Prudential Equity Arbitrage Fund||6.51%||6.16%||6.58%||7.30%|
|SBI Equity Hybrid Fund||2.63%||8.73%||11.66%||12.43%|
|HDFC Hybrid Equity Fund||-0.81%||7.98%||10.74%||14.89%|
|DSP Equity & Bond Fund||-1.29%||6.89%||11.43%||11.59%|
|Aditya Birla Sun Life Savings Fund||8.92%||7.91%||8.46%||8.42%|
|Franklin India Life Stage Fund of Funds 50s Plus - Floating Rate||4.55%||6.55%||7.84%||8.29%|
|HDFC Retirement Savings Fund - Hybrid Debt Plan||4.68%||6.74%||-||-|
How to Invest in 4-star Rated Mutual Funds?
You can choose to invest in these funds by either lump sum or a Systematic Investment Plan (SIP). While lump sum is typically a one-time investment, SIP is a continuous investment at regular intervals – daily, weekly, fortnightly, monthly, quarterly, half-yearly or annually. The investment will happen as per the frequency interval you choose.
How to Invest in 4-star Rated Mutual Funds Online?
You can easily invest in any of these funds at Wishfin, a neutral financial marketplace that has with it the top-performing mutual fund schemes across equity, debt and hybrid categories. All that you need to do is to follow a few steps shown below.
- Go to www.wishfin.com
- Click on ‘Mutual Funds’
- Go to ‘Register’
- Enter your mobile number
- Click on ‘Get Started’
- Mention your name, email ID, the city you live in
- Create a password that conforms to alphabet, numeric and special character requirements
- Click on ‘Sign Up’
Your account will be created by entering a few more details.
- Go to ‘Explore Mutual Funds’
- Click on ‘Equity’, ‘Debt’ or ‘Hybrid’ icon, whichever you wish to
- A list of funds under the respective category will appear on the screen
- Click on ‘Invest’ below any of the top-rated schemes you wish to invest in
Note – The data is sourced from Value Research as on August 8, 2019, and pertains to the regular plan of the schemes shown above.
Disclaimer – “Mutual fund investments are subject to market risks. Please read the scheme document carefully before investing”.