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Equity Mutual Funds – Top 5 with Gulaq Methodology

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Top 5 Equity Mutual Funds

Equity Mutual Funds – An Introduction 

The tendency of equity mutual funds is to generate high returns by investing in the company’s shares of different market capitalization. They generate higher returns than fixed deposits or debt funds. The performance of the company results in profit/loss decides how much an investor can make based on their shareholdings.   

WHO SHOULD INVEST IN EQUITY FUNDS? 

Here we go:  

  • For market savvy investors: If you are well-versed with the pulse rate of the market, but want to take the calculated risk, then you can think of investing in diversified equity funds. They end up investing in the share of companies across market capitalization. These give a combination of high-return and less-risk as compared to equity funds that invest only in small or mid-caps.   
  • For budding investors: If you are looking to have exposure to the stock market, then large-cap equity funds might be the right choice.   

Equity Mutual Funds – The Working 

Equity mutual fund is known as a mutual fund only if it invests more than 60% of the total assets in the equity shares of various companies. The balance amount can be invested in debt securities or money market instruments as per the scheme objective. Furthermore, the fund manager can choose to invest in a value-oriented or growth-oriented manner & select companies according to the assessment of the investment that can generate maximum returns.   

Equity Mutual Funds – Features 

Here: 

  • 80C tax-exemption: Other than NPS, ELSS is the only tax-saving investment under 80C of the Income Tax Act. With high return potential and shortest lock-in-period (3 years). You can either invest in a lumpsum or monthly. 
  • Holding period: When you redeem units of equity funds, you end-up earning capital gains; these are taxable. The tax rate depends on how long you stay invested (holding period).  
  • Diversification & Cost-efficiency: You can get exposure to a few stocks with a nominal amount by investing in equity funds.   

Furthermore, you can read here: https://www.gulaq.com/equity-fund-a-class-of-mutual-fund/ 

Investing in Equity Funds – Benefits? 

A Read: 

  • Very much cost-efficient 
  • It is convenient 
  • Offers diversification 
  • Your investment is managed by an expert 
  • You can also opt for installments (systematic investments) 

Top 5 Equity Mutual Funds as per Gulaq  

Here: 

  • Aditya Birla Sun Life Digital India FundIt is an equity mutual fund scheme that was launched by Aditya Birla Sun Life mutual fund. Later on, it was introduced on 15th Jan 2000 to its investors. Currently, the fund is managed by Kunal Sangoi. Talking about AUM, it is of INR 440 Cr, and, the latest NAV is of INR 59.78 (dated as of 17th Feb 2020). The fund growth is rated as high-risk. Also, the minimum SIP investment is INR 1000 with exit load of 1% only if redeemed within a span of a year.  
  • Mirae Asset Great Consumer FundIt is an equity mutual fund that was launched by Mirae Asset mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Ankit Jain, and Bharti Sawant. Talking about AUM, it is of INR 1004 Cr, and, the latest NAV is of INR41.38 (dated as of 17th Feb 2020). The fund growth is rated as high-risk. Also, the minimum SIP investment is INR 1000, and, lumpsum investment is INR 5000. Not to miss, exit load of 1% only if redeemed within a year.  
  • Tata India Consumer FundIt is an equity mutual fund that was launched by Tata mutual fund. Later on, it was introduced on 28th Dec 2015 to its investors. Currently, the fund is managed by Sonam Udasi, and Rupesh Patel. Talking about AUM it is of INR 1300 Cr, and the latest NAV is of INR 19.83 (dated as of 17 Feb 2020). The fund growth is rated as high-risk. Also, the minimum SIP investment is INR 500, and, lumpsum investment is INR 5000. Not to miss, exit load of 1% only if redeemed within a span of 12 months.  
  • Canara Robeco Consumer Trends FundIt is an equity mutual fund scheme that was launched by Canara Robeco mutual fund. Later on, it was introduced on 2nd Jan 2013 to its investors. Currently, the fund is managed by Ravi Gopalakrishnan. Talking about AUM it is of INR 387 Cr, and, the latest NAV if INR 48.27 (dated as of 17th Feb 2020). The fund growth is rated as high-risk. Also, the minimum SIP investment is INR 1000, and, lumpsum investment is INR 5000. Not to miss, an exit load of 1% only if redeemed within a span of 1 year.  
  • Aditya Birla Sun Life India Gennext FundIt is an equity mutual fund scheme that was launched by Aditya Birla Sun Life mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Chanchal Khandelwal, and Anil Shah. Talking about AUM, it is INR 1485 Cr, and the latest NAV is of INR 100.94 (dated as of 17th Feb 2020). The fund growth is rated as High-risk. Also, the minimum SIP investment is INR 1000 with an exit load of 1% only if redeemed within a year.  

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected]   or Whatsapp +91-9818894632

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*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.

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