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
| Fund Name | 1Y | 3Y | 5Y | Expense Ratio | Turnover Ratio | Category | Risk |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Bluechip Equity Fund - Direct - Growth | -2.99% | 15.77% | 15.56% | 1.26% | 123% | Equity
(Large Cap) |
Moderately High |
| ICICI Prudential Nifty Next 50 Index Fund - Direct - Growth | -13.94% | 14.08% | 17.13% | 0.44% | 65% | Others
(Index) |
Moderately High |
| ICICI Prudential Equity & Debt Fund - Direct - Growth | -4.36% | 14.53% | 16.19% | 1.04% | 231% | Hybrid
(Aggressive) |
Moderately High |
| ICICI Prudential Balanced Advantage Fund - Direct - Growth | 2.29% | 12.95% | 13.89% | 1.1% | 502% | 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:
| Fund Name | 1Y | 3Y | 5Y | Expense Ratio | Turnover Ratio | Category | Risk |
|---|---|---|---|---|---|---|---|
| HDFC Small Cap Fund - Direct - Growth | -12.49% | 20.65% | 20.97% | 0.81% | 17.96% | 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 | 7.54% | 7.86% | 8.57% | 0.25% | NA | Debt
(Short Duration) |
Moderately Low |
| HDFC Index Fund - NIFTY 50 Plan - Direct - Growth | 3.04% | 15.58% | 13.19% | 0.1% | 39.54051291% | Others
(Index) |
Moderately High |
| HDFC Top 100 Fund - Direct - Growth | -1.38% | 17.81% | 15.84% | 1.44% | 24.26% | 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:
| Fund Name | 1Y | 3Y | 5Y | Expense Ratio | Turnover Ratio | Category | Risk |
|---|---|---|---|---|---|---|---|
| Reliance Large Cap Fund - Direct - Growth | -2.48% | 16.54% | 18.16% | 1.2% | 85% | Equity
(Large Cap) |
Moderately High |
| Reliance Pharma Fund - Direct - Growth | 5.11% | 4.37% | 12.75% | 1.23% | 43% | Equity
(Sectoral/Thematic) |
High |
| Reliance Gilt Securities Fund - Direct - Growth | 10.28% | 10.83% | 11.65% | 0.69% | NA | Debt
(Gilt) |
Moderate |
| Reliance Hybrid Bond Fund - Direct - Growth | 5.99% | 9.75% | 11.4% | 0.93% | NA | Hybrid
(Conservative) |
Moderately High |
| Reliance Equity Hybrid Fund - Direct - Growth | -6.88% | 12.1% | 15.83% | 1.0% | 127% | 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:
| Fund Name | 1Y | 3Y | 5Y | Expense Ratio | Turnover Ratio | Category | Risk |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Tax Relief 96 - Direct - Growth | -4.08% | 15.84% | 20.26% | 1.06% | 1% | Equity
(ELSS) |
Moderately High |
| Aditya Birla Sun Life Corporate Bond Fund - Direct - Growth | 7.68% | 8.09% | 8.85% | 0.27% | NA | Debt
(Corporate Bond) |
Moderately Low |
| Aditya Birla Sun Life Banking and Financial Services Fund - Direct - Growth | -4.42% | 21.18% | 23.81% | 1.32% | 87% | Equity
(Sectoral/Thematic) |
High |
| Aditya Birla Sun Life Equity Fund - Direct - Growth | -6.58% | 16.78% | 19.58% | 1.07% | 60% | Equity
(Multi Cap) |
Moderately High |
| Aditya Birla Sun Life Tax Plan - Direct - Growth | -4.82% | 15.2% | 19.61% | 1.5% | 13% | 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
| Fund Name | 1Y | 3Y | 5Y | Expense Ratio | Turnover Ratio | Category | Risk |
|---|---|---|---|---|---|---|---|
| Kotak Banking & PSU Debt Fund - Direct - Growth | 7.62% | 8.14% | 8.45% | 0.21% | NA | Debt
(Banking & PSU) |
Moderately Low |
| Kotak Equity Arbitrage Fund - Direct - Growth | 6.64% | 6.76% | 7.47% | 0.49% | 376.68% | Hybrid
(Arbitrage) |
Moderately Low |
| Kotak Emerging Equity Scheme - Direct - Growth | -12.06% | 15.59% | 24.34% | 0.8% | 33.79% | Equity
(Mid Cap) |
Moderately High |
| Kotak Standard Multi Cap Fund - Direct - Growth | -1.43% | 17.18% | 20.1% | 0.96% | 34.59% | Equity
(Multi Cap) |
Moderately High |
| Kotak Low Duration Fund - Direct - Growth | 8.49% | 8.72% | 9.28% | 0.31% | 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 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
| Fund Name | 1Y | 3Y | 5Y | Expense Ratio | Turnover Ratio | Category | Risk |
|---|---|---|---|---|---|---|---|
| SBI Small Cap Fund - Direct - Growth | -21.74% | 17.08% | 29.64% | 1.24% | 75% | Equity
(Small Cap) |
Moderately High |
| SBI Bluechip Fund - Direct - Growth | -5.46% | 11.99% | 16.31% | 1.19% | 79% | Equity
(Large Cap) |
Moderately High |
| SBI Magnum Multi Cap Fund - Direct - Growth | -5.81% | 15.17% | 19.62% | 1.15% | 59% | Equity
(Multi Cap) |
Moderately High |
| SBI Focused Equity Fund - Direct - Growth | -4.26% | 15.6% | 19.86% | 1.29% | 64% | Equity
(Focused) |
Moderately High |
| SBI Equity Hybrid Fund - Direct - Growth | 0.33% | 12.62% | 16.53% | 1.3% | NA | 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
