Want to start investing in mutual funds?

Or already an investor and confused where to park your money?

These questions might be creeping up every now and then. Even so now, when we have just stepped into the new year.

Therefore, in this article, we will try to solve your doubts and discuss the best AMCs (Asset Management Companies) we can rely on for our investments. This will also entail the best funds pertaining to these AMCs.

Let’s begin!

Based on exceptional performance over the past years and credibility upon which we as investors can trust, we have selected the best AMCs for 2019.

Let us now look at the particular fund houses in brief. We will also highlight the five best funds from each fund house. This includes funds of various types and we may choose the fund based on our risk appetite and goals.

1.ICICI Prudential Mutual Fund

The largest asset management company in India in terms of AUM size, ICICI Prudential Mutual fund has truly awarded its long term investors through investment in its schemes.

Year of launch: 13/10/1993

Total AUM: More than 3 lakh crore (As on 31/3/2018)

CEO: Mr. Nimesh Shah

CIO: Mr. S. Naren

Five Best Schemes from ICICI Prudential AMC
Fund Name 1Y 3Y 5Y Expense Ratio Turnover Ratio Category Risk
ICICI Prudential Bluechip Equity Fund - Direct - Growth 6.86% 14.01% 12.19% 1.2% 98% Equity
(Large Cap)
Moderately High
ICICI Prudential Nifty Next 50 Index Fund - Direct - Growth -7.56% 11.31% 11.39% 0.39% 55% Others
(Index)
Moderately High
ICICI Prudential Equity & Debt Fund - Direct - Growth 7.86% 13.74% 13.34% 1.05% 200% Hybrid
(Aggressive)
Moderately High
ICICI Prudential Balanced Advantage Fund - Direct - Growth 7.68% 11.14% 11.47% 1.15% 469% Hybrid
(Balanced Advantage)
Moderate

Also Read: Best 5 ICICI Prudential mutual funds to look out for in 2019

2.HDFC Mutual Fund

One of the largest asset management companies in India in terms of AUM size, HDFC Mutual fund is considered to be one of the most trustworthy names in the mutual fund industry.

Be it any type of goal (long term, short term, retirement, tax-saving etc.), HDFC Mutual Fund has plans for people from all walks of life.

Year of launch: 10/09/1999

Total AUM: Approximately 3 lakh crore (As on 31/3/2018)

CEO: Mr. Milind Barve

CIO: Mr. Prashant Jain

Five best schemes from the fund house:

Five Best Schemes from HDFC AMC
Fund Name 1Y 3Y 5Y Expense Ratio Turnover Ratio Category Risk
HDFC Small Cap Fund - Direct - Growth -6.31% 16.92% 16.42% 0.84% 37% Equity
(Small Cap)
Moderately High
HDFC Balanced Fund - Direct - Growth 8.25% 12.07% 19.79% 0.8462407% 56.16042126% Hybrid
(Aggressive)
Moderately High
HDFC Short Term Debt Fund - Direct - Growth 9.12% 7.86% 8.42% 0.25% NA Debt
(Short Duration)
Moderately Low
HDFC Index Fund - NIFTY 50 Plan - Direct - Growth 9.32% 13.67% 10.21% 0.15% 32% Others
(Index)
Moderately High
HDFC Top 100 Fund - Direct - Growth 14.28% 15.6% 11.08% 1.38% 34% Equity
(Large Cap)
Moderately High

Also Read: HDFC Mutual Funds: Renaming and Re-Categorization- The Fully Updated List

3.Reliance Mutual Fund

One of the largest asset management companies in India in terms of AUM size, Reliance Mutual fund is a part of Reliance Anil Dhirubhai Ambani (ADA) Group.

Reliance Mutual Fund has been sponsored by Reliance Capital Limited and Nippon Life Insurance.

Year of launch: 30/06/1995

Total AUM: Approximately 2.4 lakh crore (As on 31/3/2018) with around 83.99 lakh folios

CEO: Mr. Sundeep Sikka;

Deputy CEO: Mr. Himanshu Vyapak

Co- CIO: Mr. Manish Gunwani

Five best schemes from the fund house:

Five Best Schemes From Reliance AMC
Fund Name 1Y 3Y 5Y Expense Ratio Turnover Ratio Category Risk
Reliance Large Cap Fund - Direct - Growth 9.32% 15.58% 13.53% 1.21% 79% Equity
(Large Cap)
Moderately High
Reliance Pharma Fund - Direct - Growth -3.33% 3.17% 9.73% 1.37% 4% Equity
(Sectoral/Thematic)
High
16.13% 11.35% 11.94% NA NA NA
(NA)
Moderate
Reliance Hybrid Bond Fund - Direct - Growth 6.72% 8.06% 9.28% 0.99% NA Hybrid
(Conservative)
Moderately High
Reliance Equity Hybrid Fund - Direct - Growth -0.27% 10.55% 11.75% 1.11% 136% Hybrid
(Aggressive)
Moderately High

Also Read: SBI Bluechip vs Reliance Large Cap – which is the better fund?

4.Aditya Birla Sun Life Mutual Fund

The 4th largest asset management company in India in terms of AUM size, Aditya Birla Sun Life Mutual fund is considered to be one of the most dynamic and exponential growth in the mutual fund industry.

Year of launch: 23/04/1994

Total AUM: Approximately 2.3 lakh crore (As on 31/3/2018)

CEO: Mr. A Balasubramanian

Co- CIO: Mr. Maneesh Dangi

Five best schemes from the fund house:

Five Best Schemes From Aditya Birla Sun Life AMC
Fund Name 1Y 3Y 5Y Expense Ratio Turnover Ratio Category Risk
Aditya Birla Sun Life Tax Relief 96 - Direct - Growth -2.62% 12.45% 15.06% 0.98% 1% Equity
(ELSS)
Moderately High
Aditya Birla Sun Life Corporate Bond Fund - Direct - Growth 9.97% 8.23% 8.75% 0.27% NA Debt
(Corporate Bond)
Moderately Low
Aditya Birla Sun Life Banking and Financial Services Fund - Direct - Growth 5.46% 17.76% 17.88% 1.29% 54% Equity
(Sectoral/Thematic)
High
Aditya Birla Sun Life Equity Fund - Direct - Growth 2.06% 14.26% 13.12% 1.03% 32% Equity
(Multi Cap)
Moderately High
Aditya Birla Sun Life Tax Plan - Direct - Growth -3.59% 11.84% 14.45% 1.5% 2% Equity
(ELSS)
Moderately High

Also Read: Aditya Birla Sun Life Tax Relief 96 – Direct – Growth – Review

5.Kotak Asset Management Company

Kotak Group is India’s first NBFC. The AMC offers various schemes across market caps. These schemes vary depending on risk appetite and investment duration of the investor.

Year of launch: 23/06/1998

Total AUM: Approximately 1.1 lakh crore (As on 31/3/2018)

CEO: Mr. Nilesh Shah

Co- CIO: Mr. Harsha Upadhyaya

Five Best Schemes From Kotak AMC
Fund Name 1Y 3Y 5Y Expense Ratio Turnover Ratio Category Risk
Kotak Banking & PSU Debt Fund - Direct - Growth 10.79% 8.53% 8.65% 0.22% NA Debt
(Banking & PSU)
Moderately Low
Kotak Equity Arbitrage Fund - Direct - Growth 7.06% 6.82% 7.29% 0.49% 187% Hybrid
(Arbitrage)
Moderately Low
Kotak Emerging Equity Scheme - Direct - Growth -1.37% 12.22% 17.76% 0.7% 19% Equity
(Mid Cap)
Moderately High
Kotak Standard Multi Cap Fund - Direct - Growth 9.46% 15.89% 16.2% 0.79% 14% Equity
(Multi Cap)
Moderately High
Kotak Low Duration Fund - Direct - Growth 8.6% 8.45% 9.03% 0.32% NA Debt
(Low Duration)
Moderate

Also Read: Harsha Upadhyaya of Kotak Mutual Fund Opens up About the Present Conditions

6. SBI Mutual Fund

SBI Mutual Fund

SBI Mutual Fund was founded in 1987 and is one of the most trustworthy AMC’s in the country. Over the years, SBI has given very good returns to its investors and has various schemes across different categories of mutual funds.

Year of launch: 1987

Total AUM: Rs. 2,33,114 crore ($32.1 billion)

CEO: Anuradha Rao

Five Best Schemes From SBI AMC
Fund Name 1Y 3Y 5Y Expense Ratio Turnover Ratio Category Risk
SBI Small Cap Fund - Direct - Growth -4.41% 16.52% 23.12% 1.23% 64% Equity
(Small Cap)
Moderately High
SBI Bluechip Fund - Direct - Growth 5.11% 11.43% 13.75% 1.08% 73% Equity
(Large Cap)
Moderately High
SBI Magnum Multi Cap Fund - Direct - Growth 5.37% 13.61% 15.77% 1.13% 65% Equity
(Multi Cap)
Moderately High
SBI Focused Equity Fund - Direct - Growth 6.23% 15.13% 15.86% 1.23% 81% Equity
(Focused)
Moderately High
SBI Equity Hybrid Fund - Direct - Growth 8.58% 12.29% 13.88% 1.08% 252% Hybrid
(Aggressive)
Moderately High

We should understand that these funds have seen the beating this year when the markets were down, However, if we look at the long term performance of these funds, they have consistently beaten the benchmark.

We have also taken care of each investor’s risk appetite and therefore have highlighted funds of each category (i.e. Large Cap, Mid Cap, Small Cap, Multi Cap, ELSS, Index Fund, Bond Fund etc.).

Therefore, we can go through these particular schemes in detail before making the final call.

Also, if you want to know about the best mutual funds of 2019, click here

Happy Investing!

Disclaimer: The views expressed in this post are that of the author and not those of Groww