Acquiring Eminence In Investing Through Top Mutual Funds

"excellence is to do a common thing in an uncommon way". This means that it is the strategy which decides your success and not any specific goal. For example, every student has a desire to become the topper of the class. However, there are a few of them who are able to attain that target. It is because they follow an approach which is different from the others. In the same way, various schemes operating under mutual funds, but there are a few schemes which are enlisted in among the top mutual funds. These schemes are those which have been efficiently working in their respective fields.

Top mutual funds are those selected schemes which have produced prolific profits and performed well in every aspect. Success is not the result of just one factor acting in favor of the winner, rather it is an all-round development followed in a properly planned manner. Similarly, any scheme which is able to prove itself to be a best mutual funds has to accomplish many norms that provide it recognition among the top-notch of the mutual fund company.

Investing is a chore which daunts all the investors as an enormous sum is involved for a long-term. The clients often get confused among the variegated schemes launched by different asset management companies. This is a situation which stimulates the clients away from the mutual fund industry. To solve this problem experts have marked some schemes as the top-performing mutual funds on the basis of factors like assets managed by the scheme, authenticity of the company offering that scheme, etc. This relieves the uncertainty of clients and makes it easy for them to invest in schemes which are capable of reaping exhilarating profits.

Crisil (credit rating information services of India limited) is the rating agency of mutual funds in India. It is the only rating agency which provides ranking to the schemes operating under mutual funds. The agency follows very strict norms for granting a rating to any of the schemes. But, once the ranking has been provided it is a matter of prestige for the company. It is one of the important factors involved in determining the progress of a scheme.

There are various schemes which have been marked as the top-performing mutual funds of the march quarter are as follows:

Dsp Blackrock micro cap fund: it is an equity-oriented scheme which majorly invests in small-cap and mid-cap companies. These companies are in the initial stage and have huge opportunities for growth. Thus, this scheme tends to capture the profits based on the long-term growth potential of the startups. Dsp black rock micro cap fund was initiated in the year 2007 and now has made its way to the list of five top-performing funds in the march quarter. The aum of this fund is rs. 2,004.13 cr, which depicts the widespread recognition of the scheme among clients who have invested their hard-earned money in the scheme. The scheme provides a number of options like growth, dividend, payout, reinvest. Along with these options, this top-performing fund has an exit load of 1% if the clients redeem their money before 12 months from the day pf commencement.

Kotak treasury advantage fund: a debt fund is a type of fund that deploys an investor’s funds in the money market instruments like treasury bills, certificate of deposit, etc. Kotak treasury advantage fund is a debt fund which invests the finances of the investors in the treasury bills and other money market instruments of government and corporate companies as well. The fund was launched in the year 2004 and in a very short spell, it made a significant growth to be enlisted among the top 5 performing funds.

Birla tax relief 96: An elss fund is a facility provided by mutual fund companies that will help you to save tax. Elss elaborated as equity linked saving scheme, provides the tax benefit under the section 80c of income tax act. Birla tax relief 96 is a fund that falls under tax saving category of mutual funds. The scheme was launched in the year 1996 with a view to providing taxation benefits to its clients. It majorly invests in those equity schemes whose capital gains are tax-free. The company’s ability to manage funds efficiently has made it reach the list of top-performing category.

Dishika is well-versed with the ups and downs of the financial market and has published articles on mutual fund and SIP. She is associated with MySIPonline.com, which is an AMFI registered mutual fund company.