Mutual funds are an effective and popular way of participating in the financial markets with much ease by the investors. The investments in the mutual funds can play a vital role in the investment strategy of an individual. These usually come with enhanced capital growth along with additional income with the help of the performance of the particular investment. Income is also achieved through dividend as well as distributions of the particular portfolio manager who takes the decisions with respect to the investments on behalf of the unit holders of the mutual fund.
If you too have been planning to invest in a particular mutual fund portfolio, then you must compare the performance of each one of them to take the final decision. Here are some top performing long-term mutual funds that could help you in making the rightmost choice:
- UTI Equity Fund: The main objective of the UTI Equity mutual fund is to bring about an investment of around 80 percent of the funds into equity as well as equity-related parameters with medium-high risk. It also aims at balancing around 20 percent in debt parameters with low-medium risk portfolio.
Fund Performance: The UTI Equity Fund has managed to beat its peers by providing around 12 percent of annual returns during the last five years. For instance, if you invested this particular fund for 1,000 INR per month via SIP for a period of 5 years, then the total investment would be 60,000 INR and the investment value could be 94,900 INR until now.
Why Invest: This fund has offered low volatility investment returns even through a complex period existing in the equity markets. This is one of the most significant and the most trustable funds in the fund markets.
- ICICI Prudential Focused Bluechip Fund: The main aim of this fund is investing in the leading twenty large-cap organizations depending on market capitalization.
Fund Performance: The fund has managed to surpass all of its peers by providing around 11 percent annual returns during the span of last five years. For instance, if you made an investment of 1,000 INR per month into this fund via SIP for five years, then the total investment will be 60,000 INR and the investment value could reach 89,200 INR by now. This could be considered as a high-performing long-term mutual fund for the investors.
Why Invest: The fund comes with a clear strategy as well as it has been performing consistently during the last few years. One can regard this fund as one of the most effective SIP funds for child education as well.
- Birla Sunlife Frontline Equity Fund: This fund is aimed at generating long-term capital growth by diversifying through various leading sectors and industries.
Fund Performance: The fund has surpassed all its peers by offering around 11.2 percent annual return during the last five years. For instance, if you invested an amount of 1,000 INR under the SIP for five years, then you overall investment would be 60,000 INR along with the investment value reaching to 94,040 INR by now. This mutual fund is a great option for the investors looking to invest in long-term mutual funds with high performance.
Why Invest: This mutual fund scheme has been a consistent performer. As it is a large-cap mutual fund, the investors can also consider it as the most lucrative SIP funds for child marriage or child education.
Planning to invest in long-term mutual fund scheme? You can have a look at websites like Groww, that help you choose the right mutual fund portfolio. Consider the detailed comparison before taking the final decision to ensure higher profits and greater income source.