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Tuesday, 28 January 2014

Best Large and Midcap funds to invest in for 2014

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Large and Midcap Mutual Funds for 2014

 

Funds in this category suit those who are averse to wide fluctuations in their investment returns

Funds in this category have a large cap bias along with a limited exposure to mid and small cap stocks which perfectly suits those who are averse to wide fluctuations in their investment returns.

 

While large cap allocation of these funds provides downside protection to the portfolio, exposure to mid and small cap stocks gives it an extra edge to generate superior returns.

 

Here are India's finest funds in the large and mid cap space :

 

Birla Sun Life Frontline Equity    Invest Online


This fund invests in the universe of BSE 200 stocks and broadly follows its sector weightings. This enforces portfolio diversification across market cycles. This makes the fund more stable than its peers in both bull and bear markets. The fund's disciplined approach with modest flexibility to emphasise sectors and stocks in its portfolio has helped it beat the benchmark consistently. The fund takes a cash call only during extreme occasions. An attractive fund for investors seeking growth from a diversified portfolio and predictable strategy.

 

Canara Robeco Equity Diversified     Invest Online


This fund consistently does well across market cycles compared to its benchmark and peers which is in line with its stated goal of long-term capital appreciation. A blend of growth and value style of investing in quality mid-cap stocks aids the fund in posting consistent returns. A well diversified portfolio and higher allocation to defensives during the economic slowdown has aided the performance, making it a suitable choice for long-term investment.

 

ICICI Prudential Dynamic Plan             Invest Online


This fund does remarkably well during falling markets, but fails to show the same prowess during a rising market. The fund sticks to its mandate to adapt to the dynamic nature of the market by shuttling between debt and equity. It takes aggressive asset calls in equity when the market surges by investing in quality mid-cap stocks. At the same time, it adopts a defensive strategy by investing in debt and cash when markets get overvalued, making it a good long-term choice.

 

Mirae Asset India Opportunities          Invest Online


The scheme manages to sail through the market ups and down with equal ease as it has delivered good returns irrespective of the market cycle. The fund's goal is to identify future growth trends at an early stage and focus on companies which have strong pricing power and are sector leaders. It follows a flexible investment strategy across sectors, market caps, themes and style to achieve the same, which is reflected in its consistent performance over the past five years.

 

Quantum Long Term Equity      Invest Online


This fund does well when the markets fall and posts an above-average performance when they are rising. The fund follows a buy and hold approach to attractively valued stocks which has been the highlight of its performance. The fund's low-cost advantage further adds to its performance. A conservative value based investing style with portfolio diversification and liquidity makes it a good choice for all those investors looking for a low risk and consistent option in this space.

 

UTI Equity    Invest Online


This fund has a chequered past, but has done very well in recently. The fund follows a high large-cap exposure, which has helped in its performance during uncertain times such as now, where large-caps provide greater visibility to revenue and earnings growth. Further, reduced equity exposure and increased debt and cash holdings during prolonged falls have also helped in containing losses, making it a good choice for investors looking for a low-risk long-term option.

 

 

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

 

 

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Best Performing Mutual Funds

    1. Largecap Funds             Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Franklin India Bluechip
      4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds         Invest Online

      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
      4. Birla Sun Life Front Line Equity Fund
      5. Franklin India Prima

C. Mid and SmallCap Funds          Invest Online

      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
      5. Birla Sun Life Dividend Yield Plus
      6. SBI Emerging Businesses Fund
      7. HDFC Mid-Cap Opportunities Fund
      8. ICICI Prudential Discovery Fund

D. Small and MicroCap Funds   Invest Online

      1. DSP BlackRock MicroCap Fund

2.       Franklin India Smaller Companies

E. Sector Funds          Invest Online

      1. Reliance Banking Fund
      2. Reliance Banking Fund
      3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds      Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

      1. DSP BlackRock Tax Saver Fund
      2. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds        Invest Online

      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
      4. Birla Sun Life Gold

H. International funds         Invest Online

1. Birla Sun Life International Equity Plan A

2. DSP BlackRock US Flexible Equity

3. FT India Feeder Franklin US Opportunities

4. ICICI Prudential US Bluechip Equity

5. Motilal Oswal MOSt Shares NASDAQ-100 ETF

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