Mutual funds sahi hai.

Moreover, mutual funds mei patience sahi hai.

Investment in mutual funds has gained considerable traction over the past couple of years. Participation of retail investors has increased multi-fold.

Long-term investment is most ideal as it reduces the uncertainty related to timing the market and saves the investors from short-term market volatility and price fluctuations.

Given that investment is a long-term game and patience is the key virtue, let us have a look at the best long-term funds that you could invest in 2019.

Let us have a look at the top picks for investment for the long-term.

Best Mutual Funds for Long-Term - 2019
Fund Name 1Y 3Y 5Y Expense Ratio Turnover Ratio Category Risk
Mirae Asset Large Cap Fund - Direct - Growth 11.82% 18.22% 19.12% 0.96% 14% Equity
(Large Cap)
Moderately High
Aditya Birla Sun Life Equity Fund - Direct - Growth 3.43% 16.5% 18.56% 1.07% 32% Equity
(Multi Cap)
Moderately High
SBI Bluechip Fund - Direct - Growth 2.97% 12.31% 16.53% 1.21% 87% Equity
(Large Cap)
Moderately High
Reliance Large Cap Fund - Direct - Growth 12.18% 17.71% 17.92% 1.2% 114% Equity
(Large Cap)
Moderately High
Kotak Emerging Equity Scheme - Direct - Growth -3.75% 15.12% 23.38% 0.8% 24% Equity
(Mid Cap)
Moderately High
HDFC Small Cap Fund - Direct - Growth -3.99% 20.15% 20.99% 0.87% 37% Equity
(Small Cap)
Moderately High

1.Mirae Asset India Equity Fund

This fund is one of the top performing funds under the multi-cap category The fund has delivered consistent returns over the years.

Key Information

AUM ₹ 10,128 Cr.
NAV ₹ 50.7 (as on Feb 8, 2019)
Rating by Groww 5- star
Minimum SIP Investment ₹ 1000
Expense Ratio 0.79%
Returns 1 Year 2.4%
Returns 3 Year 18.6%
Returns 5 Year 20.3%
Risk Grade Moderately High Risk
Fund manager Neelesh Surana, Harshad Borawake

About the fund

Mirae Asset India Equity Fund has consistently outperformed its benchmark. Its 3-year and 5-year returns of 18.6% and 20.3% p.a. respectively, has consistently beaten the benchmark index.

Being a multi-cap fund with investments across different categories, the exposure of this scheme are well diversified. On a drill-down analysis of the sector specific allocation of the funds, it can be observed that funds are allocated as follows-

Financial services (35%), technology (10%), FMCG (8%), and energy (14%).

Let us have a look at the top stock holding for this fund. They are as follows-

HDFC Bank Limited (8.7%), Reliance Industries Limited (6.1%), Axis Bank Limited (5.4%), ICICI Bank Limited (5.1%) and TCS Limited (4%).

Holding

2.Aditya Birla Sun Life Equity Fund

Aditya Birla Sun life Equity Fund is another top performing funds under the multi-cap category. Let us analyze the fund in detail

Key Information

AUM ₹ 10,148 Cr.
NAV ₹ 722.6 (as on Feb 8, 2019)
Rating by Groww 5- star
Minimum SIP Investment ₹ 100
Expense Ratio 1.07%
Returns 1 Year -3.6%
Returns 3 Year 16.6%
Returns 5 Year 20.1%
Risk Grade Moderately High Risk
Fund manager Anil Shah

About the fund

Aditya Birla Sun life Equity Fund is one of the top mutli-cap equity funds with a 5-star rating from Groww. Its 3-year and 5-year returns of 16.6% and 20.1% p.a. respectively, have consistently beaten the benchmark index.

The fund has over 95% allocation in equity and equity-related securities. Approximately 5% of the AUM is invested in cash and cash equivalents, to make use of any suitable opportunity that may arise in this volatile market.

Best Equity Funds to Invest in 2019

Let us have a look at the top stock holding for this fund. They are as follows:

HDFC Bank Limited (9.1%), ICICI Bank Limited (8.4%), Tech Mahindra Limited (4%), Infosys Limited (3.3%), and ITC Limited (4.5%).

Holding

3.SBI Bluechip Fund

SBI Bluechip fund is one of the top performing funds under the large-cap category. It has a 5-star rating from Groww.

Key Information

AUM ₹ 20,611 Cr.
NAV ₹ 38.6 (as on Feb 8, 2019)
Rating by Groww 5- star
Minimum SIP Investment ₹ 500
Expense Ratio 1.19%
Returns 1 Year -2.7%
Returns 3 Year 11.9%
Returns 5 Year 17%
Risk Grade Moderately High Risk
Fund manager Sohini Andani

About the Fund

SBI Bluechip fund has been one of the most preferred and consistent large-cap funds.

The fund has over 97% allocation in equity and equity-related securities. A modest 2% of the AUM is invested in cash and cash equivalents, to make use of any suitable opportunity that may arise in this volatile market.

Let us have a look at the top stock holding for this fund. They are as follows-

HDFC Bank Limited (8.9%), L&T Limited (4.9%), ITC Limited (4.9%), ICICI Bank Limited (4.8%) and HDFC Limited (4.5%).

Holding

4.Reliance Large Cap Fund

Reliance Large Cap fund is another top performing fund from the large-cap category. The fund has delivered consistent returns over the years

Key Information

AUM ₹ 11,740 Cr.
NAV ₹ 34.1 (as on Feb 11, 2019)
Rating by Groww 5- star
Minimum SIP Investment ₹ 100
Expense Ratio 1.20%
Returns 1 Year -0.9%
Returns 3 Year 18.4%
Returns 5 Year 18.5%
Risk Grade Moderately High Risk
Fund manager Ashwani Kumar, Sailesh Raj Bhan

About the Fund

The 3-year and 5-year returns for Reliance Large Cap fund of 18.6% and 20.3% p.a. respectively, have consistently beaten the benchmark index.

This fund is unique because it has a minimum SIP amount of ₹ 100 only. This is one of the lowest minimum investment allowed for investors. In a way it promotes participation of small retail investors.

The fund has over 98% allocation in equity and equity-related securities. Approximately 1.5% of the AUM is invested in cash and cash equivalents, to make use of any suitable opportunity that may arise in this volatile market.

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

We can see that the fund is very focused in its sector specific investment. This makes the fund even more unique.

Let us have a look at the top stock holdings for this fund. They are as follows:

ABB Limited (2.6%), Aurobindo Pharma Limited (1.7%) and Amara Raja Batteries Limited (0.8%).

5.Kotak Emerging Equity Scheme

Kotak Emerging Equity Scheme is a classic mid-cap category scheme. It has a 5-star rating from Groww and a strong return generating history.

Key Information

AUM ₹ 3494 Cr.
NAV ₹ 34.9 (as on Feb 11, 2019)
Rating by Groww 5- star
Minimum SIP Investment ₹ 1000
Expense Ratio 2.14%
Returns 1 Year -11.9%
Returns 3 Year 14.9%
Returns 5 Year 22.6%
Risk Grade Moderately High Risk
Fund manager Pankaj Tibrewal

About the Fund

Kotak Emerging Equity Scheme is one of the best mid-cap funds. Its 3-year, as well as 5-year returns, has consistently beaten the benchmark.

The fund has over 95% allocation in equity and equity-related securities. A modest 3% of the AUM is invested in cash and cash equivalents, to make use of any suitable opportunity that may arise in this volatile market.

This scheme invests primarily in quality mid-cap stock which have the potential to grow into big large-cap stocks over the next few years. The potential for high returns is tremendous.

Let us have a look at the top stock holding for this fund. They are as follows-

The Ramco Cements Ltd. (3.6%), Schaeffler India Ltd. (3.3%), RBL Bank Ltd. (3.3%), Bharat Financial Inclusion Ltd. (3.2%) and Atul Ltd. (3.1%).

The fund is regarded as a high potential fund. Significant returns could be generated if one can remain patient and invest for the long-term.

Holding

6.HDFC Small Cap Fund 

This is one of the most popular small cap mutual fund in the market right now. It has given stable returns over the yeats as well.

Key Information

Launch Date 1 January 2013
NAV (4 Oct 2018) ₹44.4
Plan Type Direct
Rating by Groww 5 Star
AUM (Fund Size) ₹4,143 Cr
Riskometer Moderately High
Minimum SIP ₹500
Minimum SWP ₹500
Performance w.r.t its Benchmark Has consistently outperformed its benchmark NIFTY Small-cap 100 TRI since its launch.
Age of the fund 5 years old
Expense Ratio 0.54%
Exit Load If redeemed bet. 0 Year to 1 Year; Exit Load is 1%;
Type  Open Ended

About the Fund

This fund has exponential growth potential and gives high returns on investment.

This fund is best suited for investors with a high-risk appetite and even for seasoned investors.

Investors who have a very good idea of mutual funds and risks associated with them can opt for this fund.

Holding

Conclusion

Investing in mutual funds for the long-term is the best form of investing.

It not only helps in generating multi-fold return, but also reduces the risk of market volatility and fluctuations.

Investors who try to time the market by investing for the short-term often fall prey to market fluctuations.

In this regard, it is important to select a good fund for the long-term after proper due diligence.

The funds mentioned and analysed in this article are all quality funds with a good track record and future potential, across various mutual fund categories.

To see more top funds to invest in 2019 from every mutual fund category, check out: 30 Best Funds to Invest in 2019: Groww 30.

Happy investing!

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