Investors should use certain criteria to short-list the schemes to invest. Some of the criteria are mentioned below:
- Historical performance of the schemes
- How consistently the schemes have performed
- The investment philosophy of the fund manager
- The history of the fund manager etc.
We have also selected the below-mentioned schemes based on the above criteria.
Investors can also invest in the below schemes to create wealth in long term.
|1 Y (%)||3 Y (%)||5 Y (%)|
|Aditya Birla SL Top 100 Fund(G)||3,390||20.2||13.6||19.0|
|HDFC Mid-Cap Opportunities Fund(G)||17,917||19.5||20.1||25.8|
|Tata Equity P/E Fund(G)||1,815||28.9||20.9||23.4|
AUM as of September 2017, Returns are as on October 26, 2017
HDFC Mid-Cap Opportunities Fund is a mid-cap equity fund which does tactical allocation between large-cap, mid-cap, and small-cap to generate high returns for investors. The fund has invested ~83% of its AUM in large-cap stocks, and ~17% in mid-cap and small-cap stocks. It has a well-diversified portfolio with no more than ~10% exposure to any particular sector. It has also managed its concentration risk, top 10 stocks account for only ~25% of the AUM.
Tata Equity P/E Fund is a value-conscious equity fund which aims to invest 70-100% of its AUM in stocks whose 12 months rolling PE ratio is lower than 12 month rolling PE ratio of BSE Sensex. The remaining AUM is allocated in other equity and debt instruments. The fund has invested ~85% of its AUM in large-cap stocks to generate higher returns.