An equity fund is a mutual fund which invests primarily in equity shares of companies. As per SEBI, if a fund invests at least 65% or more of its portfolio in equities, it is classified as an equity-oriented fund.
Equity mutual fund is suitable for investors who are seeking long term capital growth. The risk and return vary from scheme to scheme under equity mutual funds depending upon their investment philosophy and management style.
Your decision to invest in equity funds needs to be guided by risk appetite and investment horizon. Generally, an investor who can stay invested for 5 years or more needs to get into equity funds. These won’t be suitable for a relatively short-term owing to stock market fluctuations.
You might have come across the people who want to invest money in equities but hesitate due to lack of knowledge or misconceptions. It is also true that investors often lack adequate knowledge, expertise and guidance while investing in equities. Equity mutual fund schemes are good options for such individuals.
Equity mutual fund schemes are managed by qualified and experienced fund managers from Asset Management Companies (AMCs) who specialize in equity investments. Investors can identify the best suitable schemes to invest according to their investment objectives.
Funds Masters Recommended Best Equity Funds For Year 2019
When it comes to investing in mutual funds, everyone else tells you what to do and gives you checklists. Funds Masters thinks about everything and automates it for you.
Choosing the right funds from over 8,000+ funds is complicated. We do this for you through a disciplined investment process. We pick funds with care and without bias. We monitor and review our selection periodically.
It’s proven by behavioral finance experts that fewer scientific choices lead to better decisions. Your portfolio should not have too many or too few funds. Generally 3-5 funds are sufficient for all your financial needs. You need different types of funds for different goals. Equity, Debt and Tax saving.
The Following Mutual funds are hand Picket funds for your long term wealth creation and specially for investing in year 2019.
FUNDS MASTERS RECOMMENDED BEST FUNDS FOR YEAR 2019 |
Fund Category |
Return |
AUM (in Crores) |
||
3 Year |
5 Year |
10 Year |
|
||
Aditya Birla Sun Life Equity Fund |
Multi Cap |
16.38 |
17.97 |
19.30 |
10,027 |
SBI Multi Cap Fund |
Multi Cap |
14.33 |
18.57 |
17.55 |
6,455 |
Invesco India Contra Fund |
Multi Cap Value Fund |
17.83 |
19.84 |
20.97 |
3,252 |
Mirae Asset Large Cap Fund |
Large Cap |
18.11 |
18.34 |
22.88 |
10,560 |
ICICI Prudential Bluechip Fund |
Large Cap |
15.31 |
14.25 |
18.24 |
20,101 |
SBI Bluechip Fund |
Large Cap |
11.94 |
15.25 |
17.06 |
20,395 |
L&T Mid Cap Fund |
Mid Cap |
17.91 |
22.31 |
24.24 |
3,733 |
Kotak Emerging Equity Fund |
Mid Cap |
15.65 |
22.61 |
21.64 |
3,535 |
Franklin India Prima Fund |
Mid Cap |
14.42 |
19.91 |
24.31 |
6,491 |
Principal Emerging Blue Chip Equity Fund |
Large & Mid Cap |
17.08 |
21.09 |
24.98 |
2,006 |
Mirae Asset Emerging Blue Chip Fund |
Large & Mid Cap |
13.19 |
22.45 |
26.55 |
6,444 |
DSP Equity Opportunities Fund |
Large & Mid Cap |
15.49 |
17.18 |
18.61 |
5,614 |
HDFC Small Cap Fund |
Small Cap |
20.97 |
19.82 |
21.91 |
6,312 |
L&T Emerging Businesses Fund |
Small Cap |
21.26 |
- |
- |
5,516 |
SBI Small Cap Fund |
Small Cap |
18.49 |
27.97 |
- |
1,603 |
DATA AS ON APRIL 2019 |