Invest in the Top Ranking Mutual Funds in India to Earn Higher Returns

The primary motive of every investor sticks with earning higher yields. But, to fulfil this purpose, one needs to create a compatible portfolio which could help to earn more profits with less risk. One needs to identify the investment profile and the objectives, which are to be attained to create a matching portfolio. Many believe that making a mutual fund portfolio is very complex, but it is not the case because one can select the top performing mutual funds based on the requirements and create a portfolio. Yes, it is true that an expert can offer a better opinion, but choosing the top performing mutual funds can also work in favor of the investor if the investment details of the fund match with that of the investor’s need. Here are some of the top ranked mutual funds in India, which have showcased an excellent performance among their respective peers:

L&T Emerging Businesses Fund (Growth): It is an open-ended equity scheme which majorly invests in the small- and mid-cap funds to a attain high capital appreciation in the long term. It is held the first rank among its peers by the CRISIL for the quarter ended June 2017. Furthermore, it has showcased an incredible run since its launch in the year 2014. It is best suitable for the one who wants to earn excellent returns on the investment over an extended period of time. It is highly capable of offering double-digit returns to the investor because it invests in the stock of small- and mid-cap companies which are likely to grow in the future market trends.

Mirae Asset Emerging Bluechip Fund (Growth): It is one of the best equity mid-cap funds which has been performing consistently well for a long time. Currently, it is holding the first rank in the category of small and mid-cap funds by CRISIL for the quarter ended June 2017, and the rank is unchanged during the previous quarter. It was launched in the year 2010 and has showcased incredible performance by providing superior growth of the capital invested by the investors. It majorly invests in the stocks of mid-cap companies and follows the blend investment style. It targets toward both value and growth in the investments. The one who wants to invest in a top performing mutual fund which has excellent track records and capacitated to provide multiplied returns over the long run can choose to invest in this scheme.

L&T Tax Advantage Fund (Growth): It is an equity oriented scheme of ELSS category and serves dual benefits to the investors. Firstly, the investors can attain high capital growth in the invested capital over a long-term period. Secondly, the advantage of tax savings under ELSS category which allows you to avail deductions of up to Rs. 1.5 Lakh annually u/s 80C of Income Tax Act, 1961. It is one of the top ranked funds to invest. It is held the first rank in the ELSS category for the quarter ended June 2017, and the rank has jumped up from the last quarter.

Besides the three schemes mentioned above, there are many other available in different categories and with different investment objectives. One can find the most suitable plan from the list of top performing funds on the various online mutual fund investment platforms like MySIPonline.

In this article, you will get the snapshot of the three top-performing funds which have performed amazingly and provided healthy growth of the investments.