Are you planning to invest your money in mutual funds? Are you confused about choosing the right scheme that would match your interest? Read this article, you can find some useful information that would help you to invest in the best schemes.
The top performing companies in India are:
- SBI Asset Management Company
- Franklin Templeton
- Reliance Asset Management Company
- TATA
- HDFC Mutual Fund
- Birla Sunlife
- Sundaram BNP Paribas Asset Management Company
There are various types of schemes launched by these companies. Some of them are:
- Large Cap Mutual Funds
- Mid Cap Funds
- Small Cap Funds
- Blue Chip Funds
Mid Cap Funds:
These schemes are launched by most of the Asset management companies and they primarily invest in the mid cap stocks. These stocks have medium market capitalization as fixed by the stock exchange board of India.
Some of the best schemes in this category in India are:
- Sundaram Select Mid Cap Fund
- SBI Magnum Global Fund
- Franklin India Prima Fund
- Sundaram BNP Paribas Select Mid Cap Fund
- HSBC Midcap Equity Fund
- Kotak Indian
How to find the best scheme?
You should be smart enough to choose the right option before investing. This research will generate you good returns. You can find some guidelines to spot the best.
- You should check the returns generated by the funds for the past 1 year, 3 years and 5 years.
- You should check the dividends declared by the schemes in the past years.
- You should check the profile of the fund manager. His ability to take crucial decisions during economic downturn and recession is important.
- You should check if the funds are given ratings by any of the reputed rating agencies like ICRA (Indian Credit Rating Agency) or CRISIL. Those ratings can help you identify the performance of the schemes.
