What are the best equity mutual funds?
Investors should be careful while investing in equity mutual funds since they are highly reactive to markets. Hence not considering all the aspects while choosing the best equity mutual funds can hamper you from wealth creation.
Equity mutual funds invest in stocks of various companies. Hence, these types of mutual funds show promising growth potential.
Equity mutual funds invests a minimum of 65% of its investible corpus in stocks. The rest of the allocation is done in other asset classes that provides a cushion for investors against the entire spectrum of risk.
Hence with the benefit of diversification, investors also get other benefits like tax benefits (under Section 80C of IT Act), expert management, high returns potential, etc. Investors with a mindset of collecting a huge corpus can invest in the best equity funds in India.
Here are some best equity funds for 2021 in India.
|Category||Schemes||MF Rating||Strength||1 Yr||3 Yr||5 Yr|
|Multi Cap||UTI Equity Fund||26.73%||14.46%||14.37%|
|Parag Parikh Long Term Equity Fund||31.13%||14.31%||15.17%|
|Focused||Axis Focused 25 Fund||17.61%||11.89%||16.37%|
|Motilal Focused 25 Fund||15.78%||9.38%||12.69%|
|Large Cap||Axis Bluechip Fund||15.85%||14.35%||15.10%|
|UTI Mastershare Unit Scheme||16.02%||9.48%||11.83%|
|Large & Mid Cap||Tata Large and Mid Cap Fund||15.01%||8.70%||11.46%|
|Kotak Equity Opportunities Fund||16.46%||8.33%||13.42%|
|Mid Cap||DSP Mid Cap Fund||24.09%||8.08%||14.44%|
|Axis Mid Cap Fund||22.76%||13.74%||14.99%|
|Small Cap||Kotak Small Cap Fund||33.68%||6.32%||13.23%|
|Axis Small Cap Fund||21.53%||10.33%||14.41%|
|ELSS||Axis Long Term Equity Fund||17.91%||12.44%||14.26%|
|Canara Robeco Equity Tax Saver Fund||23.61%||13.00%||13.70%|
|Thematic||Axis ESG Equity Fund||-||-||-|
|DSP Quant Fund||22.72%||-||-|
* The above ranking is as on 16th December 2020. To check the latest data and ranking of all mutual funds click here.
Note: Axis ESG Equity Fund and DSP Quant Fund are relatively new in the markets. Hence, not enough data is available to calculate its returns. Also, know the right time to invest in these right funds so that you avoid buying overvalued funds. For more details, visit RankMF.com
Not only the right funds, but also the right time to invest in equity funds is equally important which investors neglect. Funds valuation can be undervalued or overvalued, if investors tap in buying funds that may be overvalued then their returns may not be optimised.
To tackle this, investors can invest in SmartSIP that is an advanced option to SIP and invests smartly depending on the market volatility. Here’s what SmartSIP does:
- Invests regularly when markets are fairly valued
- Invests double when markets are undervalued
- Skips investing & partially sells to profit when markets are overvalued
Open a free mutual fund investment account with India’s best mutual fund distribution platform & get started with your investment in the best equity funds today.
UTI Equity Fund
Parag Parikh Long Term Equity Fund
Axis Focused 25 Fund
Motilal Focused 25 Fund
Axis Bluechip Fund
UTI Mastershare Unit Scheme
Tata Large and Mid Cap Fund
Kotak Equity Opportunities Fund
DSP Mid Cap Fund
Axis Mid Cap Fund
Kotak Small Cap Fund
Axis Small Cap Fund
Axis Long Term Equity Fund
Canara Robeco Equity Tax Saver Fund
Axis ESG Equity Fund
DSP Quant Fund