Want to invest in mutual funds but don’t know how to go about it?
Get all your mutual fund related queries answered by our expert, Himanshu Srivastava, senior research analyst, Morningstar Advisers India, on our show Mutual Fund Corner.
Q: Mohammad Yousuf Bhat from Kashmir writes to us on Facebook. Which mutual funds should I choose?
A: This would depend on lot of factors and require proper planning. It will depend on your goals, risk appetite, investment horizon, your financial condition among others.
The best way to proceed with investments is to opt for the services of a financial advisor, who will draw an investment plan for you based on all these factors. He will work around getting the right asset allocation for you and populate the portfolio with the right mix of funds.
For me to recommend fund which would be apt for you, I need more details which is not available now. I can give you the names of good large cap, mid cap and small cap funds. But then it’s also important to have the right allocation in them, which would be difficult for me to suggest in the absence of information.
So to give you an idea some of the funds from the large, mid and small cap categories were we have positive Morningstar analyst ratings are:
|Group/Investment||Morningstar Analyst Rating||Morningstar Rating Overall||Returns (%)|
|Aditya BSL Frontline Equity Gr||Silver||ÙÙÙÙ||-4.61||8.90||14.26|
|DSP Top 100 Equity Reg Gr||Bronze||ÙÙ||-8.34||6.22||10.34|
|Franklin India Bluechip Gr||Gold||ÙÙÙ||-5.35||6.81||12.05|
|HDFC Top 100 Gr||Gold||ÙÙÙÙ||-1.57||11.19||14.81|
|ICICI Pru Bluechip Gr||Silver||ÙÙÙÙÙ||-1.06||10.96||14.34|
|Reliance Large Cap Gr||Silver||ÙÙÙÙÙ||0.49||10.90||17.58|
|SBI Bluechip Reg Gr||Bronze||ÙÙÙÙ||-5.24||7.93||15.24|
|UTI Mastershare Unit Reg Gr||Bronze||ÙÙÙ||-0.62||8.04||13.03|
|Aditya BSL Mid Cap Gr||Bronze||ÙÙÙ||-14.80||7.93||20.32|
|DSP Midcap Reg Gr||Silver||ÙÙÙÙ||-10.35||10.95||22.32|
|Franklin India Prima Gr||Gold||ÙÙÙÙ||-7.18||9.75||21.74|
|HDFC Mid-Cap Opportunities Gr||Gold||ÙÙÙÙÙ||-8.71||11.08||22.91|
|ICICI Pru Midcap Gr||Bronze||ÙÙÙ||-10.23||9.45||23.43|
|SBI Magnum Midcap Reg Gr||Bronze||ÙÙ||-15.37||4.15||20.03|
|Sundaram Mid Cap Gr||Bronze||ÙÙÙ||-13.79||8.50||22.03|
|DSP Small Cap Reg Gr||Silver||ÙÙÙÙ||-18.82||7.33||26.72|
|Franklin India Smaller Companies Gr||Silver||ÙÙÙÙ||-14.26||8.79||23.57|
|HDFC Small Cap Gr||Bronze||ÙÙÙÙ||0.42||16.66||20.74|
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First Published: IST