Top 10 Best Equity Mutual Funds for Small Investors

10 Best Equity Mutual Funds for Small Investors

Equity Mutual FundsWhat is an Equity Mutual Fund? Most of them don’t have a clear cut idea about it. In simple terms Equity Mutual Fund is the collection of stocks and/or bonds. Also it is  type of professionally managed collective investment scheme. The Equity Mutual Funds pools money from many investors to purchase securities. Through an Equity Mutual Fund, there will be a group of people, they  invests their money in stocks, bonds, and other securities.

Each one in this group can own shares, which represent a portion of the holdings of the fund. This common pool of money collected from a lot of people will be invested  in the Share market by  an experienced fund manager. If you are ready to take a risk and gain higher returns from the market. You have options to buy and sell mutual funds (no-load) by contacting the proper fund companies directly.

The selling usually carried out via brokers, banks, financial planners, or insurance agents etc. Net asset value (NAV)is the value of a mutual fund. You can see NAV per share in the newspaper adds, it is basically the the price of a mutual fund. When you buy shares, you have to pay the current NAV per share and any sales front-end load. Like the same when you sell it you will get NAV less any back-end load.

In India high Costs are the biggest problem with mutual funds. The  fund industry hides costs. You have to pay Ongoing yearly fees to keep you invested in the fund and the Transaction fee. It should pay when you buy or sell shares in a fund (loads). Here below you can see the Top 10 Best Equity Mutual Funds for Small Investor with all details which will be beneficial for your business. All the economical details given here are based on the current statistics, the ranking will change frequently, so before starting you have to check the properly with the current company details directly.

Franklin India Bluechip Fund

Franklin India Bluechip FundFor the past two decades Franklin India Bluechip Fund is a perennial favourite. This large-cap fund is an open ended diversified equity fund. The primary objective of the company is to provide medium to long term capital appreciation. They focuses on investing in large-cap companies with strong financials. Quality management and market leadership are the other focusing points.

Franklin India Bluechip Funds are best for  Investors that prefer large cap oriented equity fund. The company gives investment horizon of 3-5 years. If you are an investor who wish for funds with long term track record then choose  Franklin India Bluechip Funds. The company aims long term opportunities rather than short term trends. Currently the Principal is at high risk and it is better for you to change to some other schemes.

Key Features of the Fund

  • Fund Type: open ended
  • Investment Plan: Growth
  • Best for: Long term capital appreciation
  • Suitable for: Those invests in large cap stocks
  • Launch date: Nov 30, 1993
  • Asset Size (Rs cr):4,158.46 (Dec-31-2013)
  • Minimum Investment: Rs.5000
  • Entry Load: NA
  • Exit Load: 1.00%

 

Reliance Equity Opportunity Fund

Reliance Equity Opportunity FundReliance Equity Opportunity Fund is an open ended type mutual fund. The scheme holds the investment objective  to generate capital appreciation. They also focus for the long term growth opportunities. Reliance Equity Opportunity Fund is investing in various portfolio constituted of equity securities and in many other  equity related securities. The company also hold s the aim to generate consistent returns. This is done by by investing in debt and money market securities. Reliance Equity Opportunity Fund is currently ranked as the top one and if you already invested in this you can safely be here.

Key Features of the Fund

  • Fund Type: Open-Ended
  • Investment Plan: Growth
  • Launch date: Mar 07, 2005
  • Benchmark: S&P BSE 100
  • Asset Size (Rs cr): 4,848.01 (Dec-31-2013)
  • Minimum Investment: Rs.5000
  • Bonus: N.A.
  • Entry Load: N.A
  • Exit Load: 1.00%

 

Birla Sunlife Frontline Equity Fund

Birla Sunlife Frontline Equity FundBirla Sunlife Frontline Equity Fund is the best fund option for investing. This is ranked as the top one and you can invest safely now and if you are already invested keep going. This is a open-ended growth scheme. The objective of the company is long term growth of capital. This is achieved through portfolio with a target allocation of 100% equity. Birla Sunlife Frontline Equity Fund  aiming at being as diversified across various industries. They also focusing on other sectors as its chosen benchmark index, BSE 200.

Key Features of the Funds

  • Fund Type: Open-Ended
  • Investment Plan: Growth
  • Launch date: Aug 30, 2002
  • Benchmark: S&P BSE 200
  • Asset Size (Rs cr): 3,515.55 (Dec-31-2013)
  • Minimum Investment: Rs.5000
  • Bonus: N.A
  • Entry Load: N.A
  • Exit Load: 1.00%

 

Axis Equity Fund

Axis Equity FundAxis Equity Fund is an Open-Ended type fund available with growth investment plan. The Axis Equity Fund currently ranked in top position and you can invest safely in this. This large cap fund made in a way to achieve long term capital appreciation. The company carrying out this via investing in a diversified portfolio predominantly. It is mainly comprised of equity and equity related securities including derivatives.

Key Features of the Fund

  • Fund Type: Open-Ended
  • Investment Plan: Growth
  • Launch date: Dec 08, 2009
  • Benchmark: CNX NIFTY
  • Asset Size (Rs cr): 594.36 (Dec-31-2013)
  • Minimum Investment: Rs.5000
  • Bonus: N.A
  • Entry Load: N.A
  • Exit Load: 3.00%

 

UTI Opportunities Fund

UTI Opportunities FundUTI Opportunities Fund is a type of large cap fund. Currently holding good position among the other funds. You can invest safely in this fund. This is to generate capital appreciation and income distribution by investing the funds. This funds investing will be in equity shares and equity-related instruments. The UTI Opportunities Fund focus to capitalize on opportunities arising in the market. They try to change the Indian economy by moving its investments. This will be carried at different sectors along with prevailing trends change.

Key Features of the Fund

  • Fund Type: Open-Ended
  • Investment Plan: Growth
  • Launch date:  Sep 07, 2006
  • Benchmark: S&P BSE 100
  • Asset Size (Rs cr): 3,446.50 (Dec-31-2013)
  • Minimum Investment: Rs.5000
  • Bonus: N.A.
  • Entry Load: N.A
  • Exit Load: 1.00%

 

ICICI Prudential Focused Bluechip Fund

ICICI Prudential Focused Bluechip FundICICI Prudential Focused Bluechip Fund is an open ended type fund with the Growth investment plan. Now the fund is in good position and you can invest or continue to invest safe within this scheme. The fund mainly to generate generate long-term capital appreciation. The ICICI Prudential Focused Bluechip Fund features income distribution to unit holders from portfolio. This portfolio is  is invested in equity and equity related securities by around 20 companies. These 20 companies are included in the large cap domain. They also have hold in debt securities and money market instruments.

Key Features of the Fund

  • Fund Type: Open-Ended
  • Investment Plan: Growth
  • Launch date: May 07, 2008
  • Benchmark: CNX NIFTY
  • Asset Size (Rs cr): 4,570.93 (Dec-31-2013)
  • Minimum Investment: Rs.5000
  • Bonus: N.A.
  • Entry Load: N.A
  • Exit Load: 1.00%

 

SBI Emerging Businesses Fund

SBI Emerging Businesses FundSBI Emerging Businesses Fund is currently categorized as the average performer. You can select another fund option other than this or change from this if you are already in this scheme. SBI Emerging Businesses Fund carries an objective of participate in the growth potential presented by various companies. They choose companies that are  considered emergent and have export orientation/outsourcing opportunities. They also gives importance for globally competitive companies for funds participation. The SBI Emerging Businesses Fund will evaluate the emerging businesses with growth potential and domestic focus in time to time.

Key Features of the Fund

  • Fund Type: Open-Ended
  • Investment Plan: Growth
  • Launch date: Sep 17, 2004
  • Benchmark: S&P BSE 500
  • Asset Size (Rs cr): 1,186.92 (Dec-31-2013)
  • Minimum Investment: Rs.5000
  • Bonus: N.A.
  • Entry Load: N.A
  • Exit Load: 1.00%

 

Mirae Asset India Opportunities Fund

Mirae Asset India Opportunities FundMirae Asset India Opportunities Fund is a diversified equity mutual fund. It is currently in top position with good performance and you can invest safely in it or continue if you have already invested. The investment Objective is to generate long term capital appreciation. The company focus on capitalizing on potential investment opportunities. All this carried out via predominantly investing in equities, and all other equity related securities. Most notable thing about the Mirae Asset India Opportunities Fund is that there is no assurance or guarantee of any returns.

Key Features of the Fund

  • Fund Type: Open-Ended
  • Investment Plan: Growth
  • Launch date: Mar 11, 2008
  • Benchmark: S&P BSE 200
  • Asset Size (Rs cr): 301.89 (Dec-31-2013)
  • Minimum Investment: Rs.5000
  • Bonus: N.A.
  • Entry Load: N.A
  • Exit Load: 1.00%

 

IDFC Premier Equity Fund

IDFC Premier Equity FundIDFC Premier Equity Fund is a small and mid cap equity fund. It is currently in average performance category. If you have already invested here it is better, you can consider switching to a better performing scheme. The fund holds the investment objective of generating long-term capital growth. This is carried through an actively managed portfolio. They wants portfolios with predominantly equity and equity related instruments for this objectives.

Key Features of the Fund

  • Fund Type: Open-Ended
  • Investment Plan: Growth
  • Launch date: Sep 26, 2005
  • Benchmark: S&P BSE 500
  • Asset Size (Rs cr): 3,297.14 (Dec-31-2013)
  • Minimum Investment: Rs.10000
  • Bonus: N.A.
  • Entry Load: N.A
  • Exit Load: 1.00%

 

Quantum Long Term Equity Fund

Quantum Long Term Equity FundQuantum Long Term Equity Fund is a large cap type equity mutual fund. Currently the scheme holds good position in market. You can now safely deposit in this scheme and can continue with investing. The investment objective of Quantum Long Term Equity Fund is to get  long-term capital appreciation by investing. The investment mainly in company shares, that will typically be included in the BSE 200 Index. Other considering factor is those companies are in a  position  to benefit from the anticipated growth. They contribute a lot to the development of the Indian economy and its markets.

Key Features of the Fund

  • Fund Type: Open-Ended
  • Investment Plan: Growth
  • Launch date: Feb 25, 2006
  • Benchmark: S&P BSE SENSEX
  • Asset Size: (Rs cr) 201.33 (Dec-31-2013)
  • Minimum Investment: Rs.5000
  • Bonus N.A.
  • Entry Load: N.A
  • Exit Load: 1.00%

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