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As per Sebi mandate, multi cap mutual fund schemes have the freedom to invest across market capitalisations and sectors.

Among infrastructure-focused mutual fund schemes, Franklin Build India has been top performer in the past five-year and 10-year periods within the category of infrastructure-dedicated schemes.

Choose small cap mutual fund schemes if you have a long-term investment horizon and a high risk appetite. Continue with your investments or hold them for a long term to earn big returns.

Though mid cap category has been going through a bad phase in the last few years, many mutual fund managers believe that the category may be in for a comeback in the coming months.

Best ELSS or tax saving mutual funds to invest in 2020

If you want to invest in ELSS funds but don’t know which schemes to choose, here are our recommended Equity Linked Saving Schemes or tax saving mutual funds to invest in 2020.

Kotak Emerging Equity has given 11.1% and 10.4% returns respectively in the past three-year and five-year periods, while its peers in the mid cap category have given average returns of 8.8% and 8% in the same period.

If you are a new investor and want to start investing in mutual funds in 2020, you can choose from our recommended list of large & mid cap schemes.

many mutual fund managers and advisors recommend large cap schemes during uncertain times. Large cap stocks mostly fare better than mid cap and small cap stocks in times of a market correction.

A consistent mutual fund scheme allows investors to ride through both the bull and the bear market with ease.

Invesco India Growth Opportunities Fund: Fund review

Invesco India Growth Opportunities Fund allocates 57% of its portfolio in bluechip companies and largecaps and the remaining in mid- and small-sized companies. In the past three-year and five-year periods, the scheme has given 16.5% and 11% returns, while its peer schemes have given an average return of 9% and 11% during the same period.

The scheme is the top performer in the five and 10-year periods. Experts believe that such schemes tend to do well only in the long term.

Close to 65.5% of the scheme’s portfolio is invested in well-placed large-sized or bluechip companies in India.

The scheme has invested close to 51% of its money in bluechip and large-sized companies. Besides, close to 44% of the scheme’s money is in mid-sized companies, followed by about 4.5% in small-sized companies

Though mid cap category has been going through a bad phase in the last few years, many mutual fund managers believe that the category may be in for a comeback in the coming months.

Kotak World Gold Fund: Fund review

Exposure to gold to the tune of 8-11% of one’s portfolio is one of the ways to mitigate some of concerns surrounding the current uncertainties.

One of the key aspects of the scheme is its ability to perform well in almost all market cycles in the past three years. It has been a consistent outperformer.

Historically, it has been observed that small-sized companies tend to do well — many a time outperforming large-cap companies — when earnings rally kicks in.

Since rolling returns are calculated on a series of data, there is a very high probability of decent performance from these schemes.

One of the key aspects of the scheme is the quality of its portfolio, which includes companies that have high corporate governance standards, lean cost structure and better balance sheets than their peers in their respective sectors.

Canara Robeco Emerging Equities Fund: a consistent performer in large & mid cap space

Canara Robeco Emerging Equities Fund, the third largest scheme in the large & mid cap category, has consistently outdone its benchmark and peers.

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