Best Equity : Multi Cap Funds for 2011.

Nowadays everyone wants to invest in Mutual Funds in India. In this post, I have complied some of the Mutual Funds which are Top MFs under Equity: Multi Cap category. These are long-term MFs winner in their category and given a best performance over the years by beating their benchmark and category average with good margin. These funds would not give you a benefit of tax-saving and they have diversified their portfolio in different caps. These are those funds which have 4 or more than 4 fund rating by Value Research Online and have toped the chart on 5 year returns basis.

List of best Equity : Multi Cap MFs.

This list is best suited to those investors which are looking for a long-term investment  with good returns and are ready to take risk. Please note that, I am talking here about Growth option not dividend option.

Reliance Regular Saving Fund- Equity

• 5.5 year old fund with returns since launch 20.49% with bad market crash in 2008.
• 23.42% strong 5 years returns beating its benchmark by 10.64% and category average by 10.06%.
• 48.59% in Mid and Small caps with 40% assets in Top 3 sectors. (Risky, but have shown high potential for returns)

HDFC Equity

• 16 year old fund with 22.49% returns since launch.
• 18.80% returns in 5 year time frame beating its benchmark by 5.94% and category average by 5.44%.
• 69% in Giant and Large cap and 28.08% in Mid and Small caps with 55.39% assets in Top 3 sectors.
• Less risky fund compare to Reliance Regular Saving Equity.

HDFC Growth

• 10.5 year old fund with 22.37%  returns since launch.
• 18.61% returns in 5 year time frame beating benchmark by 5.83% and Category average by 5.25%.
• 64.67% portfolio in Giant and Large and 33.68% in Mid and Small cap companies with 47% assets in Top 3 sectors.
• Well diversified portfolio and less risky than Reliance Regular Saving Equity.

ICICI Prudential Dynamic

• 8 year old fund with 35.54% mind boggling returns since launch. 
• 18.46% returns in 5 year time frame beating benchmark by 5.6% and category average 5.1%.
• 77.42% portfolio in Giant and Large cap and 19.32% in Mid and Small cap with 41.86% assets in Top 3 sectors.
• Has strict with its investment objective and less risky with high potential for growth.

UTI Dividend Yield

• 15.5 year old fund with 21.25% returns since launch.
• 17.98% returns in 5 year time frame beating its benchmark by 5.25% and category average by 4.62%.
• 71.65% in Giant and Large cap with 51.11% assets in Top 3 sectors. 
• Good for those who are looking for decent returns with good downside protection.

Templeton India Growth

• 14.5 year old fund with 19.305 returns since launch.
• 17.32% returns in last 5 year time frame beating its benchamrk by 4.54% and category average by 3.96%.
• 54.84% in Giant and Large cap and 45.17% in Mid and Small cap with 55.37% assets in Top 3 sectors.
• Fund has a value based investment style, mainly for those investors who are ready to take higher risk.

Above is the list of funds under Equity:Multi cap category. These funds are pure equity funds and have a good performance track record in the past and as per their investment style we can hope that they will perform well in future also. We can expect around 15-16% returns in future even if these funds has a potential for better performance.

Note : This blog is not for recommendation purpose, hence, must not be treated as an encouragement to invest in above listed funds. The decision of investment in any above listed funds solely lies with the reader/investor.

Source : ValueResearchOnline and Mutualfundsindia.

Special thanks to my friend who helped me in writing this blog. Thanks Rahul Sharma.