Have you invested in top rank diversified equity mutual funds? If you don’t then it is the right time to invest to get an awesome return on your investment. Top rank diversified equity mutual funds schemes let you invest in large-cap, mid-cap, and small-cap stocks of multiple sectors. It is a pool of best stocks in a particular sector that diversify a portfolio of stocks.
5 Top Rank Diversified Equity Mutual Funds To Invest In India
You can consider the below top rank diversified equity mutual funds to invest in India that has been ranked 1 by CRISIL. You can remain invested in this funds for at least 3 years to get sound returns.
Principal Emerging Bluechip(G)
Principal Emerging Bluechip – Growth is one of the top rank diversified equity mutual funds that has been ranked 1 by CRISIL in its category.
Its NAV value has grown up by more than 46% in the last one year. The scheme has invested in Eicher Motors, Britannia, IndusInd Bank, IGL, Petronet LNG, ICICI Bank, AIA Engineering, Bajaj Fin, HPCL, and Navin Fluorine as top holdings.
Principal Emerging Bluechip funds have invested above 17% in Banking and Finance sector. Moreover, it also allocated above 7% in Oil & Gas, Manufacturing, and Cement sectors. Along with that, it has invested around 9% in Chemicals and Automotive sectors.
Motilal Focused Multicap 35 – RP (G)
Motilal Focused Multicap 35 – RP Growth fund is also an open-ended fund and its main objective is to invest in 35 equity-based stocks and relevant equity instruments across sectors. CRISIL has ranked 1 to Motilal Focused Multicap 35 RP(G) scheme.
Its one year return is 43.80% and allocate funds in sectors like Banking and Finance, Oil & Gas, Automotive, Food & Beverage, and Pharma. This scheme invested over 4% in United Spirits, PNB Housing Fin, Britannia, Eicher Motors, and IndusInd Bank. Furthermore, over 8% of its funds have been invested in Maruti Suzuki and HDFC. Apart from that, it also allocates over 5 % of its assets value in HDFC Bank, HPCL, and BPCL.
ABSL Advantage Fund(G)
Aditya Birla Sun Life Advantage Fund – Growth is an open-ended scheme. The scheme is also ranked 1 in the diversified equity mutual funds category by CRISIL. You can invest in this scheme and can achieve long-term growth at moderate risk.
ABSL Advantage Fund(G) has given 40.90% returns for a period of one year as on 19 Dec 2017. Its top 10 holdings are HDFC Bank, SBI, HPCL, Maruti, ICICI Bank, Voltas, Eicher Motors, Natco Pharma, PNB Housing Fin, and Dalmia Cement.
This fund has allocated more than 30% of capital in Banking and Finance sector and around 12% in Oil & Gas sector. Furthermore, it also invested above 10% in Automotive and 7.47% in Cement sectors.
Sundaram Rural India Fund (G)
Sundaram Rural India Fund (G) is also ranked 1 in the diversified equity mutual funds category by CRISIL and its one year return is 38.50%. This scheme has allocated above 19% to chemicals sector and more than 13% to Food & Beverage and consumer non-durable sector. Apart from that, it also allocated over 10% in Automotive and just over 8% in cement sectors
Its portfolio includes stocks like HUL, ITC, M&M, SBI, NCC, Tata Chemicals, Tata Global Beverage, Britannia and Maruti Suzuki. The scheme has allocated over 2% on most of these stocks.
Tata Equity P/E Fund (G)
Tata Equity P/E Fund – Growth is yet another diversified equity mutual funds that also has been ranked 1 by CRISIL. Its one year return is 37.70% and risk is moderately high.
The scheme’s highest allocation is in Automotive and Banking & Financial sectors with over 18%. Other major sectors are Oil & Gas, Manufacturing, and Engineering where it has invested.
Sectors include stocks like Yes Bank, PowerGrid, Larsen, Finolex Cables, Zee Entertainment, Grasim, Gail, and Tata Motors.
I screen out mutual funds depending on different parameters to suit your needs and so keep visiting for more info. You can share your thoughts in the comments section below.
Published on: Feb2, 2018
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Author: Ratan Kumar
Ratan Kumar, an enthusiast stock market trader & blogger. Forecasting stock market moves with the use of technical analysis since 2008. For the technical trader & investor, new or experienced, he provides legitimate and valuable advisory from day trading to long-term investment horizon and helped thousands of investors to make money out of stock market.