10 mutual fund for long-term investment, enjoy decent returns over years
New Delhi : Mutual funds, today, are popular means for investment today. Due to demonetization, banks have reduced the rate of interest on fixed deposits, which led good number of investors to move towards the mutual fund industry. But, it is often advised that mutual funds are subjected to market risk and we need to be careful while investing on them. On the other hand, it is also true that mutual funds are the best investment options for decent returns over years. If you don't know, then let our financial analysts tell you, the top 10 mutual funds you may consider for long-term investment.
HDFC Small Cap Fund
Introduced in April 2008, this small cap equity-oriented mutual fund gives a return 21.53 %. The duration varies from one to five years and the expense ratio is 0.49%. You start with a minimum SIP of Rs 500 and can judge its performance accordingly. Since its launch, the fund has consistently outperformed its benchmark Nifty Free Float Small Cap 100
Aditya Birla Sun Life Small Cap Fund
Launched in May 2007, this small cap equity oriented mutual fund has given a return of 21.85 %. This 11-year old scheme has consistently outperformed its benchmark Nifty Free Float Midcap 100 since its launch. You can start with a minimum SIP of Rs 1000. The expense ratio of the fund is 1.27%
L&T Midcap Fund
Launched in August 2004, it gives return of 24.82% since its launch. The expense ratio of the fund is 1.53% and you can start with a minimum SIP of Rs 500
SBI Small Cap Fund
Introduced in September 2009, this small cap equity can be started with a minimum SIP of Rs1000. The nearly 8 year old scheme gives a return of 31.05% with expense ratio of 1.29%
Sundaram Small Cap Fund
Launched in February 2005, this small cap equity-oriented mutual fund has given a return of 19.02 % since its launch. The expense ratio of the fund is 1.64% and you can start at a minimum SIP of Rs 250.
Canara Robeco Emerging Equities
Launched in March 2005, this large & mid cap equity-oriented mutual fund has given a return of 26.49 % since its launch. The fund is almost 12 years old and the expense ratio is 0.8%. You can start at a minimum SIP of Rs 1000
Aditya Birla Sun Life Pure Value Fund
Launched in March 2008, this is an equity value oriented mutual fund which has given a return of 20.61% since its launch. The expense ratio of the fund is 1.2% and you can start with minimum SIP of Rs 1000
L&T Emerging Businesses Fund
Launched in May 12, 2014, it gives a return of 26.97%. The expense ratio of the fund is 1.46% and you can initiate the investment with minimum SIP of Rs 500
Principal Emerging Bluechip Fund
Launched in November 2008, the fund gives a return of 23.78%. The expense ratio of the fund is 1.3% and minimum SIP required is just Rs 500
Mirae Asset Emerging Bluechip Fund
Launched in July 2010, this large & mid cap oriented mutual fund has given a return of 27.36%. This 7-year old fund can be judged easily. The expense ratio is 1.73% and minimum SIP required is Rs 1000.
