Investment idea
mutualfund
Best Mutual Fund To Invest Now With Reason And Details
Hello, friends in this article we will try to find the best mutual fund that is suitable to invest in now with the reason and details.
Best Mutual Fund To Invest
We will discuss those mutual funds that have given the best returns in the past year. Talking about the best returns, if some had negative returns and were in loss we will discuss, which one gave the best returns with minimum loss.
These will give you an idea that which mutual fund has performed well in the past when the market was volatile But let me tell you first that you should never invest in any fund just by checking the returns But yeah, returns do tell you how well a mutual fund performed while others did not during a volatile market phase.
Let's start today's discussion in which we will talk about all the categories and which mutual funds in those categories had performed well in the last year.
Mutual fund Guide To Buy
Firstly, we will talk about the large-cap category and best mutual fund in the large-cap category which gave the best results, and exactly how much was the return? and if we compare it to its category average then how will be return So friends, if we talk about the large-cap category and the mutual fund that gave the best results under this category is Axis Bluechip Fund comes first.
So Axis Bluechip Fund is a large-cap mutual fund that has given a -2.40% return in the last year Now you must be thinking that if it has given a negative return then why am I mentioning it as the best performing fund in the large-cap category So if I talk about the last year return, maximum funds in this category have given a negative return and this fund has given the least negative return and if we talk about the recovery, this mutual fund has recovered quite well from its bottom It had gone to its bottom when the market started getting affected by the Corona news and Nifty touched 7600 once.
So if I compare this mutual fund with its category, the average return of the last one year comes up to be negative 16.9% compared to which, this mutual fund has performed way better Friends, if I talk about the Axis Bluechip holdings, it has its maximum holdings in the financial sector and If I talk about a particular stock, this has its maximum holding in HDFC bank.
In this, they have a total of 7.5% of their total assets the second company in which Axis Bluechip has invested the most is called as Avenue Supermarkets Ltd they have invested a total of 7% out of their total assets Talking about the third company, the name of this company is Kotak Mahindra Bank This belongs to the banking sector and it has a holding of 6.9% out of their total assets, 6.9% of assets are invested in Kotak Mahindra Bank.
So after the financial sector, it has most of its holdings in the technology sector. In which they have invested in companies like Infosys and TCS and Let me tell you that large-cap mutual funds only invest in large and that's why we know about these companies.
Okay, let's now talk about the second category and the category is ELSS (Equity Linked Savings Scheme). Many of you must be investing in ELSS to save tax because under 80C, you can save up to 1.5 lakhs by investing in ELSS which, in turn, gives your tax benefit here it's very important to determine which mutual fund gives the best return in ELSS category because here you get a tax benefit as well as investment on your returns.
So after the financial sector, it has most of its holdings in the technology sector. In which they have invested in companies like Infosys and TCS and Let me tell you that large-cap mutual funds only invest in large and that's why we know about these companies.
Okay, let's now talk about the second category and the category is ELSS (Equity Linked Savings Scheme). Many of you must be investing in ELSS to save tax because under 80C, you can save up to 1.5 lakhs by investing in ELSS which, in turn, gives your tax benefit here it's very important to determine which mutual fund gives the best return in ELSS category because here you get a tax benefit as well as investment on your returns.
So friends, talking about the ELSS category, the best mutual fund which has given the most returns in the last year is Mirae Asset Tax Saver Fund Direct-Growth This mutual fund has provided -5.16% returns in the last year at the same time.
If I compare it with its category, which is the ELSS category, the entire ELSS category's average returns for the last year is -16.5% so compared to the category average, Mirae has performed quite well as the category has given -16.5% return whereas this mutual fund has provided -5% returns so, friends, if we discuss in which category does this mutual fund has invested, it is the financial sector where they have invested 28% out of their total asset in the financial sector.
If I talk about the top companies where they have invested a huge amount, then the names of the companies are HDFC Bank - in which 9.8% out of the total asset is invested the next company is Reliance industries which is India's biggest company in terms of market capitalization where 7.8% has been invested out of its total asset the third company belongs to the banking sector which is ICICI bank which is the second-largest company of the private banking sector.
If I compare it with its category, which is the ELSS category, the entire ELSS category's average returns for the last year is -16.5% so compared to the category average, Mirae has performed quite well as the category has given -16.5% return whereas this mutual fund has provided -5% returns so, friends, if we discuss in which category does this mutual fund has invested, it is the financial sector where they have invested 28% out of their total asset in the financial sector.
If I talk about the top companies where they have invested a huge amount, then the names of the companies are HDFC Bank - in which 9.8% out of the total asset is invested the next company is Reliance industries which is India's biggest company in terms of market capitalization where 7.8% has been invested out of its total asset the third company belongs to the banking sector which is ICICI bank which is the second-largest company of the private banking sector.
And out of its total assets, 5.15 has been invested in ICICI bank If I talk about what comes after the financial sector in which they have invested a huge amount It is the energy sector.
So, about 50% of its overall investment has been done in the financial and energy sector
So, about 50% of its overall investment has been done in the financial and energy sector
Best in Midcap Category
Ok friends, now let's talk about the third category which is called the mid-cap category Mutual funds that invest in mid-cap stocks and which mutual fund in this category has given the most returns.
So, talking about the mid-cap category and the mutual fund that comes up with the best return in this category is Axis Midcap Direct Plan-Growth Fund Talking about this mutual fund, this has provided +5.70% of returns in the past year which implies that when the market was down, this mutual fund had provided positive return and that too 5.7%.
As I have told you, whenever you look at some mutual fund returns, you should always compare it with its category's returns first so that you know how the entire category had performed so, talking about Axis Midcap fund, which gave +5.7% return, whereas the category's return for the last one year is -11.2% Indeed when compared to -11.2%, this fund has given way better return.
As I have told you, whenever you look at some mutual fund returns, you should always compare it with its category's returns first so that you know how the entire category had performed so, talking about Axis Midcap fund, which gave +5.7% return, whereas the category's return for the last one year is -11.2% Indeed when compared to -11.2%, this fund has given way better return.
So, friends talking about its portfolio and where and all they have invested So, Axis Midcap's portfolio is diversified properly in all the sectors For example, in the healthcare sector, they have invested a total of 20% out of the total asset Next is the financial sector where they have 15.1% of investment out of their total asset and apart from that services sector where they have invested 14%.
If we talk about the assets in which asset they have invested the most, the name of the company is Avenue Supermarts In Avenue Supermarts, out of its total assets, it has invested a total of 5.3% Talking about the second company which is called Ipca Laboratories Ltd where out of the total asset, they have invested 4.7% Talking about the third company, the name of the company is Bata India, where they have invested 3.8% out of their total asset.
If we talk about the mid-cap category, Axis Midcap fund efficiently outperforms all the other mid-cap funds and also tells about the past that it performed well in the past when the market was going down.
If we talk about the assets in which asset they have invested the most, the name of the company is Avenue Supermarts In Avenue Supermarts, out of its total assets, it has invested a total of 5.3% Talking about the second company which is called Ipca Laboratories Ltd where out of the total asset, they have invested 4.7% Talking about the third company, the name of the company is Bata India, where they have invested 3.8% out of their total asset.
If we talk about the mid-cap category, Axis Midcap fund efficiently outperforms all the other mid-cap funds and also tells about the past that it performed well in the past when the market was going down.
Multi-Cap Category
Okay, friends, let's talk about the fourth category which is a multi-cap category, and discuss some of the funds that they have performed well under this category So, talking about the multi-cap funds, these are the funds that invest in all, viz. large-cap, mid-cap, and small-cap Talking about this category, and the mutual fund which gave the best return the name of the fund is IIFL Focused Equity Fund Direct-Growth plan it has provided a negative 0.34% in the last year and which makes it the best fund in its category.
So, friends, if we compare last one year returns of this fund to its category, it comes to be as -10.2% compared to which, this particular mutual fund has performed quite well Talking about the portfolio of the same, it has most of its investments in the financial sector where out of its total asset, it has invested up to 35% the second sector where they have invested a lot is the healthcare sector which is up to 19%.
Next, if I talk about companies in which it has invested the most, the first company is ICICI bank In this, it has invested up to 9.6% out of its total asset 2nd company is Axis Bank where they have invested up to 5.9% out of its total asset The third company is Dr. Reddy Laboratories Limited where they have invested up to 5.8% out of its total asset%
Okay, friends, lastly we will discuss the small-cap category and you know that small-cap mutual funds are those funds that invest in small-cap stocks and you also know that small caps are the riskiest, where risk is very high but on the other hand, chances of getting a good return are also very high If I talk about the small-cap category; which mutual fund in this category has provided the best return the name of the fund is Axis Small Cap Fund Direct-Growth this fund has given -1.24% returns in the last one year when the market was very volatile.
Friends, if I compare this mutual fund's return to its category, then the average return of the last year's of this category is -25.5% compared to which, this mutual fund has performed extremely well at the time when the entire small-cap sector bled badly, all the small-cap mutual funds bled badly this mutual fund was the least affected and gave an outstanding performance in the last one year.
However, if we talk about the portfolio of this mutual fund, i.e. where it has invested the most of its amount the first sector is the chemical sector where it has invested 18.5% out of its total asset% next is the construction sector where they have invested 20.9% out of its total asset% the next sector is the financial sector, where it has invested 18.5% out of its total asset.
Now, let's talk about those companies, i.e. in which companies it has invested the most out of their assets the very first company where it has invested the most is Galaxy Surfactants Ltd and the investment is 5.5 out of their total assets the second company is Aarti Industries which belongs to the chemical sector and it has invested up to 4.9% out of their total assets the third company belongs to the financial sector and the name of the company is City Union Bank and the investment is of 4.8% out of the total assets.
Things To Know Before Choosing Mutual Fund
So, friends, we have explained to you the 5 categories of mutual funds and also told you that under which category these mutual funds perform the best we have told you about their portfolios and also compared their returns to its category so that you get a clear picture of how a particular mutual fund has performed with respect to its category.
So friends, here again, I would like you to suggest that never invest in any mutual fund just by looking at its past returns each and every mutual fund has its own investment objective and different risk appetite different risk potential and also every investor has a different risk appetite by looking at these parameters only you should decide which fund is the best fit for you.
Also, you should check its portfolio also and several other parameters as well in which you should concentrate such as the expense ratio, how is the fund manager, how was the past record of the fund Only after looking at these parameters, you should decide where to invest So, friends, this discussion was only for educational purpose and we don't recommend to buy/sell any mutual funds we only tell you the facts and after that, it's your decision that you want to invest in it or not If you found this discussion useful, then like it and drop a comment in which mutual funds you invest and the reason to invest in it.
0 Comments: