What are the Top Performing Mutual Funds in India for 2016?
Oliver KahnWhat are the Top Performing Mutual Funds in India for 2016?
Investing in mutual funds can be a great way to grow your wealth over time. However, with so many options available, it can be difficult to know which funds to choose. In this article, we will discuss the top performing mutual funds in India for 2016.
1. Birla Sun Life Frontline Equity Fund
The Birla Sun Life Frontline Equity Fund is a large-cap equity fund that has consistently outperformed its benchmark over the past few years. In 2016, the fund generated a return of 28.5%, making it one of the top performing mutual funds in India.
2. SBI Bluechip Fund
The SBI Bluechip Fund is another large-cap equity fund that has performed well in 2016. The fund generated a return of 25.5% last year, making it a top pick for investors looking forstable returns.
3. Franklin India Smaller Companies Fund
For investors looking for exposure to small-cap companies, the Franklin India Smaller Companies Fund is an excellent choice. The fund has consistently outperformed its benchmark over the past few years and generated a return of 33.1% in 2016.
4. HDFC Mid-Cap Opportunities Fund
The HDFC Mid-Cap Opportunities Fund is a mid-cap equity fund that has performed well over the past few years. In 2016, the fund generated a return of 33.2%, making it one of the top performing mutual funds in India.
5. DSP BlackRock Micro Cap Fund
The DSP BlackRock Micro Cap Fund is a small-cap equity fund that has performed well in recent years. In 2016, the fund generated a return of 43.5%, making it one of the top performing mutual funds in India.
Investment Tips
When investing in mutual funds, it is important to keep a few things in mind. First, it is important to diversify your portfolio across different asset classes and sectors. This can help reduce your risk and increase your chances of generating stable returns over time.
Second, it is important to have a long-term investment horizon. Mutual funds are designed to generate returns over the long term, and it is important to be patient and stay invested even during market downturns.
Finally, it is important to choose a fund that aligns with your investment goals and risk tolerance. By doing your research and selecting the right funds, you can achieve your financial goals and grow your wealth over time.
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