Updated: July 2019
You’ve more or less understood what mutual funds are, read up about the best investments available and asked at least 10 friends about what mutual funds to invest in.
All those friends insist that they know what the best mutual funds in India are and claim they’ve been getting good returns. Sadly your question remains unanswered… should you invest in the Axis Mutual Fund or the SBI Blue Chip? Are equity funds right for you or should you invest in debt funds?
All the financial mumbo-jumbo leaves you confused and hesitant. You know by now that you should start investing in mutual funds using SIPs but secretly wonder if you can time the market through lump sum investments.
After all that effort you really want to know what the top performing funds in India are. Well, you’re in luck because the Cube Wealth blog is the best place to get simple, honest and unbiased investment advice.
We work with the world’s best wealth coaches and advisors to bring you a list of *drumrolls* The Top 20 Best Mutual Funds To Invest In India + some bonus tips. Wealth First is our Mutual Fund Advisory partner and has helped us compile this crisp and precise list.
How Do We Compare Mutual Funds?
We’ve identified this list of mutual funds as the best in India for 2019 because they have delivered and will likely continue to deliver consistently higher returns than other funds in their category.
We finally decide what the best mutual funds in India are based on what will give you the best return on your investment. Our world-class advisors at Wealth First helped build the list based on their mutual fund selection process, undertaken using two parameters: –
- Qualitative Parameters:
AMC comfort – Pedigree, Credibility, Compliance, Process and Ability to Retain Top Management & Talent
Fund Manager comfort – Experience, Reputation, Performance and Continuity Record (We have had 170+ investment and marketing team interactions in the last 1 year)
- Quantitative Parameters:
Scheme Aesthetics – Fund Size & Recent AUM Growth, Concentration Analysis, Clarity of positioning
Performance – Historical performances (SIP, Last 20-Quarters, 3-Year and 5-Year Numbers), Risk-adjusted returns, Sharpe, Beta, and Other Statistical Ratios
Negative Criteria – Cash Calls, Outlier Performances, Recent Management Changes, etc.
Now that you are well aware of the factors involved in picking the top performing mfs, without further ado, let’s dive into Cube Wealth’s picks.
List of Best Mutual Funds in India for 2019
Best Liquid Funds in 2019
First, let’s look at the Liquid Funds that our wealth coaches have handpicked this year. These funds give higher returns than your average savings account, are short term investments and offer easy liquidity. We are sharing a list of 3 Mutual Funds in the liquid funds category for you. To find the ideal fund for yourself get in touch with one of our wealth experts.
|Mutual Fund Type||Best Liquid Mutual Funds 2019|
|Reliance Liquid Fund|
|SBI Liquid Fund|
|HDFC Liquid Fund|
Best Debt Funds in India in 2019
The second category of funds on our list are debt funds. Debt funds are less volatile than equity funds and are also known as fixed income funds. Our trained wealth advisors have zeroed in on these as the Top 3 Best Debt Funds in India for 2019:
|Mutual Fund Type||Best Debt Mutual Funds 2019|
|ICICI Prudential All Seasons Bond Fund|
|IDFC Banking & PSU Debt Fund|
|Axis Strategic Bond Fund|
Even though these have been the top performing debt funds in India, we recommend you let Cube Wealth handle your goal-oriented financial management, while you enjoy the luxuries that your savings will accompany. See what our users are saying.
Best Balanced Mutual Funds in 2019
The third category of mutual funds we will look into are conservative funds. These are mixed mutual funds which use a combination of stocks, funds and cash to maintain a low risk level. If you’re looking for a more balanced approach to mutual funds you should definitely look at these funds in 2019.
Want to get the Best Mutual Funds for you? Email us at email@example.com
|Mutual Fund Type||Best Conservative Mutual Funds 2019|
|ICICI Pru Bluechip|
|Mirae Asset India Equity Fund|
Keeping up with the changing market however is a task not everyone has the time to dedicate time to. That is why we at Cube Wealth aspire to cater to the urban professionals, covering all the aspects of your investments through a single application that only requires a minute a month.
Best Moderate Risk Funds in 2019
Next, we should talk about moderate risk mutual funds. If you’re neither the conservative type nor someone who wants to invest in aggressive mutual funds, these funds will help you strike the right balance;
|Mutual Fund Type||Best Moderate Mutual Funds 2019|
|Canara Robeco Emerging Equities|
|IDFC Core Equity Fund|
|Invesco India Growth Opportunities|
|MIRAE Asset Focused Fund|
Not sure if investing in moderate risk funds would help you reach your goals fast enough? We factor your priorities such as education, personal affairs, home, travel, and so on. Once you set the goal up, Cube Wealth saves for the same via EMIs additionally parking your money in liquid funds.
Best Aggressive Mutual Funds in 2019
This brings us to the next set of funds to make it to our best mutual funds list: Aggressive Mutual Funds. If you’re looking for capital gains, have a solid risk appetite and the patience of an oak tree. These funds will tickle your money bone!
|Mutual Fund Type||Best Aggressive Mutual Funds 2019|
|L&T Midcap Fund|
|Kotak Emerging Equity|
|HDFC Small Cap|
Top ELSS Funds in 2019
Now, it’s impossible to talk about Mutual Funds and not mention tax saving funds. So if you’re trying to make the most of your 80C tax savings, you should look at the best Equity Linked Savings Schemes recommended by our wealth advisors.
These diversified equity schemes will help you make money while you save tax.
Want customised advice? Get the Cube Wealth App.
|Mutual Fund Type||Best Tax Saving ELSS Mutual Funds 2019|
|Aditya Birla Sun Life Tax Relief 96|
|Mirae Asset Tax Saver Fund-Regular Plan|
Best International Mutual Funds in 2019
Finally, we have a short list of the best international mutual funds in India. If you’d like to protect your investments from the rise and fall of the rupee, these are great options for you.
|Mutual Fund Type||Best International Mutual Funds 2019|
|Made in China||Edelweiss Greater China Equity Off-shore Fund-Regular Plan|
|Franklin India Feeder – Franklin U.S. Opportunities Fund|
|Exotic Europe||Invesco Pan European Equity Fund|
|Cherry Blossom||Reliance Japan Equity Fund|
These are Cube Wealth’s top picks for the best mutual funds of 2019. We update our lists regularly but recommend you connect with one of our experts through the Cube Wealth App before making any investment decisions.
Note: Always invest in mutual funds after analysing your financial goals, investment horizon, and risk appetite.