Mutual Fund SIP Invest742 views
If you have invested in a mutual fund scheme just on the word of the fund house that it will yield you good returns over the time, then you may not fulfill your investment objective, which could be either the education & marriage of your child or the purchase of a home. The reason being the below par performance of the noted funds due to various economic and political factors. So, you must get your eyes on the funds that have peformed despite the existence of such crisis. For this, you need to take out some time from your busy schedule to look at the performance of your fund and compare it with the funds of same or different category. In case you have invested in mid cap funds, you have to be vigilant of what's going on in this mutual fund segment. We have come with a list of mid cap funds that have beaten the others to gain the top five position in terms of returns in 3-10 years time frame.
Franklin India Prima Fund
This fund invests predominantly in a basket of mid-cap stocks with an eye on providing medium to long-term capital appreciation benefit to the investors. So, if you have a long-term growth vision, you can invest in this fund that has performed well throughout the years.
3-year return- 37.17%
5-year return- 24.06%
10-year return- 16.24%
BNP Paribas Midcap Fund
Looking forward to enjoy the benefits of capital appreciation over the long-term? Interested in a fund that invests in mid and small cap companies? You can choose BNP Paribas Midcap fund that will provide you with all these avenues. It's an open-ended fund that has helped investors reap substantial return over the years. Wanna know how much investors benefitted from investing in this fund? Check out the statistics below.
3-year return- 35.03%
5-year return- 23.37%
10-year return- 12.78%
UTI Midcap Fund
With a focus mainly on investing in midcap stocks, the scheme is aimed for capital appreciation of the investors. The scheme, which was incepted on 7th April, 2004, has a total asset under management (AUM) of Rs 3,663.24 crore. Total number of investors is close to 3 lakhs, reinforcing a growing trust in the fund.
3-year return- 42.62%
5-year return- 23.18%
10-year return- 16.56%
HDFC Mid-cap Opportunities Fund
Incepted in June 2010, the fund has been working towards appreciating the growth of investor capital over the long-term by investing in a portfolio of equity and equity instruments of mid and small cap firms. Let's check out the performance of the fund below.
3-year return- 38.32%
5-year return- 22.14%
10-year return- N.A.
L&T India Value Fund
In addition to investing in equity and equity instruments, the fund also invest in foreign securities across international markets. Founded in 2010, the fund is suitable for long-term capital appreciation.
3-year return- 35.25%
5-year return- 22.02%
10-year return- N.A.
How Can You Subscribe to these Schemes?
For subscribing to the schemes, it is necessary you download the application forms available on the website of respective fund houses. Fill the details and send it to the nearest branch or CAMS office for the processing of your application. Upon satisfactory verification of the details, the fund house will allot a folio number, which you can use to carry out mutual fund transactions.
Application Amount & Other Details of Schemes
Minimum Amount Required for Fresh Purchase-Rs 5,000
Minimum Additional Investment Amount Required- Rs 1,000
Minimum SIP Amount Required-Rs 500 monthly
Exit Load-1% if the units are redeemed or switched out within a year of allotment
Looking at the performance barometer, you can choose to go with any of these funds as they have fared well in the long-term. If you are a beginner in mutual fund, then you can start off your journey via SIP, which could yield significant returns over the years on the back of compounding factor.