Best Mutual Funds for Individuals with High-risk Appetite
Last Updated : March 5, 2020, 5:36 p.m.
Are you one of those wanting to see a substantial rise in the value of your investments and can take high risks in a bid to do so? If that is the case, equity mutual funds are ideally suited to serve your goals. These funds invest mainly in the power of equities to raise your capital substantially over time. Now, equity funds come in several categories such as large-cap, mid-cap, small-cap, multi-cap, etc.
Large-cap funds invest predominantly in equities of top 100 companies according to the market capitalization. On the other hand, mid-cap funds keep the money predominantly in equities of top 101-250 companies according to the market capitalization. Small-cap funds invest heavily in equities of companies after the 250 entities according to the market capitalization. Multi-cap funds would invest in stocks across market capitalization.
You must be looking to invest in a top-performing equity mutual fund scheme, right? Well, the curated list is shown in this post, relieving you from the herculean task of navigating through n number of schemes to choose out from the same. Keep reading to know the best schemes for you to invest in.
Recommended Equity Mutual Fund Schemes to Invest in
The list shows a list of equity mutual funds with a consistently good performance over the years.
| Equity Mutual Funds | Category | 1-year Return | 3-year Return | 5-year Return | 10-year Return |
|---|---|---|---|---|---|
| HDFC Top 100 Fund | Large Cap | 12.99% | 11.76% | 9.67% | 12.76% |
| Mirae Asset Large Cap Fund | Large Cap | 8.08% | 13.05% | 13.34% | 17.02% |
| Reliance Large Cap Fund | Large Cap | 9.09% | 11.97% | 11.47% | 13.14% |
| Reliance Multicap Fund | Multi Cap | 10.14% | 9.36% | 9.37% | 16.75% |
| HDFC Equity Fund | Multicap | 12.96% | 11.55% | 9.47% | 14.16% |
| Franklin India Equity Fund | Multicap | -0.83% | 6.03% | 10.55% | 13.72% |
| DSP Midcap Fund | Mid Cap | -0.99% | 8.40% | 12.75% | 17.73% |
| ICICI Prudential Midcap Fund | Mid Cap | -2.76% | 7.62% | 9.90% | 15.29% |
| HDFC Mid-Cap Opportunities Fund | Mid Cap | -6.85% | 7.50% | 11.95% | 18.97% |
| DSP Small Cap Fund | Small Cap | -6.65% | 2.34% | 12.92% | 20.35% |
| Franklin India Smaller Companies Fund | Small Cap | -9.50% | 4.13% | 11.71% | 17.86% |
| Axis Small Cap Fund | Small Cap | 9.39% | 11.03% | 13.11% | - |
Note – The data is sourced from Value Research as on July 19, 2019. The data pertains to the regular plan of these schemes.
How to Invest in Recommended Equity Mutual Fund Schemes Online?
You can invest in any of these aforementioned equity mutual fund schemes at Wishfin, an online platform that displays the mutual fund offers of top asset management companies (AMCs). The process of investment at this online platform is elaborated below.
- Go to www.wishfin.com
- Click on ‘Mutual Funds’
- Go to ‘Register’
- Enter your mobile number
- Click on ‘Get Started’
- Enter the One-time Password (OTP) received on your mobile number
- Click on ‘Verify and Continue’
- 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 so that you can login.
After Login
- Go to ‘Equity Funds’
- Choose the AMC whose mutual funds you want to invest in’ from the scroll containing the list of Asset Management Companies (AMCs)
- Choose from the recommended schemes
- Click on ‘Invest’ beneath the name of the scheme
Disclaimer – “Mutual fund investments are subject to market risks. Please read the scheme document carefully before investing”.