Mutual Fund SIP Invest203 views
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Mutual funds are widely regarded as a financial instrument that one can rely on to build wealth for the future. All your short-term and long-term goals can be fulfilled with mutual funds. These funds allocate the assets across a multitude of equity and debt securities so that the invested capital grows up over time. What’s also interesting is that mutual funds come with different choices of equity, debt and hybrid funds serving different goals of investors with different risk-appetite and investment horizon. If you are in for long-term investments in mutual funds, you would want to know the 10-year returns of the said asset class, won’t you? The post enlists the top performers across the mutual fund categories in a 10-year period. So keep reading to know where should you invest.
Table of Contents
Equity Funds with Best Returns in a 10 Years
These funds seek to appreciate the growth of capital over time by investing mainly in stocks considered to be a high-return proposition. For a fruitful investment in equity funds, one must have a high risk-appetite and should look to invest for long. The curated list of equity funds with best returns in 10 years is shown in the table below.
|Equity Funds||10-year Return|
|Mirae Asset Large Cap Fund||17.61%|
|ICICI Prudential Bluechip Fund||14.76%|
|HDFC Equity Fund||14.76%|
|Reliance Multi Cap Fund||17.33%|
|Franklin India Prima Fund||18.25%|
|ICICI Prudential Midcap Fund||15.91%|
|DSP Small Cap Fund||20.75%|
|HDFC Small Cap Fund||15.68%|
Debt Funds with Best Returns in 10 Years
These funds invest predominantly in government & corporate, as well as money-market instruments such as commercial paper, certificates of deposits, etc. The objective of these funds to generate a regular flow of income to the investors. Those with a lesser risk-appetite would find good investing in these funds. Without much ado, let’s quickly take a tour to the best debt funds in a 10-year horizon.
|Debt Funds||10-year Return|
|Aditya Birla Sun Life Government Securities Fund||9.07%|
|ICICI Prudential Gilt Fund||7.89%|
|ICICI Prudential Long Term Bond Fund||8.08%|
|Reliance Income Fund||7.64%|
|HDFC Income Fund||7.18%|
|HDFC Dynamic Debt Fund||7.15%|
|Aditya Birla Sun Life Banking & PSU Debt Fund||8.87%|
|Reliance Money Market Fund||7.95%|
Hybrid Funds with Best Returns in a 10-year Period
Eyeing both capital appreciation and income generation? There’s none better than hybrid funds to look up to. These funds put money in both equity and debt instruments in different proportions. The equity-oriented hybrid fund would invest more in equity instruments. On the other hand, debt-oriented hybrid fund looks to invest in debt instruments. The table below shows the list of hybrid funds that have displayed good performance over a period of 10 years.
|Hybrid Funds||10-year Return|
|Aditya Birla Sun Life Equity Hybrid 95 Fund||12.94%|
|HDFC Hybrid Equity Fund||15.88%|
|HDFC Balanced Advantage Fund||15.00%|
|Reliance Balanced Advantage Fund||12.99%|
|ICICI Prudential Multi Asset Fund||14.49%|
Note – The return data is sourced from Value Research as on July 16, 2019. The data pertains to the regular plan of the funds shown above.
Disclaimer – “Mutual fund investments are subject to market risks. Please read the scheme document carefully before investing”.