Market Which mutual funds should you invest in? Here's what ICICI Securities recommends Updated : August 22, 2018 01:50 PM IST For investors, who are looking to invest in equity mutual funds, technology funds have remained the best performing category in sector funds in the year. For those interested in investing in market-cap funds, the largecap funds are recommended as they outperformed the midcap and multicap funds in a year. State Bank of India has the highest proportion of equity asset under management (AUM) in percentage of its asset base, that is 51 percent. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.