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Top Ranked Equity Mutual Funds

Online Study LibraryOnline Study Library November 22, 2024

Equity funds primarily make investments in stocks, or equity shares, of different companies. Therefore, an investor who makes an equity fund investment becomes a co-owner of the business the fund has invested in. The goal of equity mutual funds is to produce returns through the purchase of equities from publicly listed companies with a range of market capitalizations. This Top Ranked Equity Mutual Funds post will give you a broad idea about equity mutual funds.

Top Ranked Equity Mutual Funds

Depending on things such as portfolio composition, market circumstances, investment terms, and risk tolerance, various equity mutual funds may provide different returns. Achieving favorable returns over a long period is the main goal of equity funds. In this post, We will discuss in detail the top equity mutual funds.

Equity Mutual Fund 1 Year Return 3 Years Return 5 Years Return Fund Size (in Cr)
1 . Motilal Oswal Midcap Fund61.7%40.4%31.9%10,378
2. Invesco India Infrastructure Fund81.6%38.6%32.9%1,239
3. Quant Infrastructure Fund83.6%38.4%39.9%3,564
4. Kotak Infrastructure and Economic Reform Fund64.3%38.3%29.3%1,989
5. Quant Mid Cap Fund74.2%36%37.7%7,952
6. Nippon India Small Cap Fund56.5%35.3%35.2%51,566
7. Quant Tax Plan Fund61.5%29.2%35.9%9,860
8. JM Flexicap Fund66.1%32.6%27.6%2,472
9. SBI Contra Fund49.5%31.2%29.4%30,520
10. Tata Small Cap Fund48.7%30.5%32.7%7,083

Top Ranked Equity Mutual Funds

1 . Motilal Oswal Midcap Fund

An Indian provider of financial services, Motilal Oswal Financial Services Limited offers a variety of financial goods and services. The Motilal Oswal Midcap Fund Direct Growth was established on February 24, 2014, and since then, it has produced average annual returns of 61.70%. 

As of June 24, 2024, Motilal Oswal Midcap Fund Direct-Growth has an expense ratio of 0.65%. As of June 24, 2024, Motilal Oswal Midcap Fund Direct Growth has ₹10,378.16Cr in assets under management. As of June 24, 2024, Motilal Oswal Midcap Fund Direct Growth has an NAV of ₹105.70.

2. Invesco India Infrastructure Fund

With its main office located in Atlanta, Georgia, Invesco Ltd. is an independent American investment management business. Since it launched on January 1, 2013, the Invesco India Infrastructure Fund Direct Growth has generated average yearly returns of 81.57%. 

As of June 24, 2024, the Invesco India Infrastructure Fund Direct Growth’s expense ratio is 0.79%. As of June 24, 2024, the AUM of the Invesco India Infrastructure Fund Direct Growth is ₹1,239.68Cr. As of June 24, 2024, Invesco India Infrastructure Fund Direct Growth has a net asset value of ₹79.09. 

3. Quant Infrastructure Fund

One of India’s pioneering and most established mutual funds, Quant Mutual Fund was founded in 1996. Since its launch on January 7, 2013, the Quant Infrastructure Fund Direct Growth has generated average yearly returns of 83.57%. 

As of June 24, 2024, the Quant Infrastructure Fund Direct Growth expense ratio is 0.66%. As of June 24, 2024, Quant Infrastructure Fund Direct Growth had an AUM of ₹3,564.61Cr. As of June 24, 2024, Quant Infrastructure Fund Direct Growth has a net asset value of ₹46.40.

4. Kotak Infrastructure and Economic Reform Fund

Mahindra Asset Management Company is in charge of managing Kotak Mutual Fund, an Indian mutual fund. Since it was established on January 1, 2013, the Kotak Infrastructure and Economic Reform Fund Direct Growth has generated average annual returns of 64.29%. As of June 24, 2024, the Kotak Infrastructure and Economic Reform Fund Direct-Growth has an expense ratio of 0.65%. 

As of June 24, 2024, the assets under management of the Kotak Infrastructure and Economic Reform Fund Direct Growth amount is ₹1,989.53Cr. As of June 24, 2024, Kotak Infrastructure and Economic Reform Fund Direct Growth has a net asset value of ₹80.81.

5. Quant Mid Cap Fund

Since its inception on January 7, 2013, the Quant Mid Cap Fund Direct Growth has generated average yearly returns of 74.21%. As of June 24, 2024, the Quant Mid Cap Fund Direct Growth’s expense ratio is 0.62%. 

As of June 24, 2024, the assets under management of Quant Mid Cap Fund Direct Growth was ₹7,952.99Cr. As of June 24, 2024, Quant Mid Cap Fund Direct Growth has an NAV of ₹272.39.

6. Nippon India Small Cap Fund

Nippon purchased Reliance’s shareholding in October 2019, renaming the fund house as Nippon India Mutual Fund. Since its inception on December 31, 2012, the Nippon India Small Cap Fund Direct Growth has generated average annual returns of 56.51%. 

As of June 24, 2024, the Nippon India Small Cap Fund Direct Growth has an expense ratio of 0.68%. Nippon India Small Cap Fund Direct Growth’s AUM as of June 24, 2024, is ₹51,566.11Cr. As of June 24, 2024, Nippon India Small Cap Fund Direct Growth has an NAV of ₹187.47. 

7. Quant Tax Plan Fund

Since its launch on January 7, 2013, the Quant ELSS Tax Saver Fund Direct Growth has generated average yearly returns of 61.54%. As of June 24, 2024, the Quant ELSS Tax Saver Fund Direct Growth has an expense ratio of 0.77%. 

As of June 24, 2024, Quant ELSS Tax Saver Fund Direct-Growth has an AUM of ₹9,860.39Cr. As of June 24, 2024, Quant ELSS Tax Saver Fund Direct-Growth has a net asset value of ₹440.40. 

8. JM Flexicap Fund

With its headquarters in Mumbai and offices throughout India, JM Financial (JMFL) is an Indian financial services firm. Since its launch on January 1st, 2013, the JM Flexicap Fund Direct Plan Growth has generated average annual returns of 66.06%. 

As of June 24, 2024, the JM Flexicap Fund Direct Plan Growth has an expense ratio of 0.44%. As of June 24, 2024, the AUM of the JM Flexicap Fund Direct Plan Growth is ₹2,472.06Cr. As of June 24, 2024, the NAV of the JM Flexicap Fund Direct Plan Growth is ₹113.91.

9. SBI Contra Fund

The State Bank of India (SBI) developed SBI Mutual Fund, an asset management firm that was established in 1987 and has its corporate headquarters in Mumbai, India. Since its launch on January 1st, 2013, the SBI Contra Direct Plan Growth has generated average annual returns of 48.66%. 

As of June 24, 2024, the SBI Contra Direct Plan Growth’s expense ratio is 0.63%. As of June 24, 2024, SBI Contra Direct Plan Growth has an AUM of ₹30,520.42Cr. As of June 24, 2024, SBI Contra Direct Plan Growth’s NAV is ₹403.45. 

10. Tata Small Cap Fund

Since its inception on November 12, 2018, the Tata Small Cap Fund Direct Growth has generated average yearly returns of 48.66%. As of June 24, 2024, the Tata Small Cap Fund Direct Growth’s expense ratio is 0.34%. 

As of June 24, 2024, the assets under management of Tata Small Cap Fund Direct Growth was ₹7,083.38Cr. As of June 24, 2024, Tata Small Cap Fund Direct Growth has an NAV of ₹43.27.

Advantages of Equity Mutual Fund 

  • Expert Management: Experts with extensive expertise in mutual funds manage equity funds. These knowledgeable fund managers have expertise in every aspect of mutual funds. To take advantage of the market trends, they analyze the markets and adjust money as needed.
  • High Returns Potential: Company stocks are the main type of asset in equity investment. A company’s gains and losses are represented in equal form by its stocks. For this reason, among all mutual funds, equity mutual funds provide the highest returns.
  • Convenience: It is convenient to invest in these funds because they offer expert management, which removes the need for personal stock selection and oversight. This ease of use is especially helpful for those who have little experience or time.
  • Small Size Investment: Excellent for those on a tighter budget, top-rated equities mutual funds enable anyone to invest small sums of money into the stock market, encouraging accessibility and inclusion.
  • Portfolio Diversification: By spreading assets among a range of stocks, equity mutual funds improve portfolio diversification. This works at making an investment plan more robust by reducing the impact of underperforming assets.

Conclusion of Equity Mutual Funds

So it was all about the top-ranked equity mutual funds. High to moderate levels of risk are typical for equity mutual funds. Short-term price fluctuations and volatility are possible, even with the best-rated equities mutual funds. So these funds can be a good fit for you as an investor if you have a moderate to high risk tolerance. 

Long-term investors should consider equity mutual funds because, despite the possibility of short-term volatility in returns, they usually can provide high returns over a long period.

FAQs of Top-Ranked Equity Mutual Funds

FAQ

Q.1 Which equity mutual fund is best?

Answer: Here are the best equity mutual funds: 

  1. Motilal Oswal Midcap Fund
  2. Invesco India Infrastructure Fund
  3. Quant Infrastructure Fund
  4. Kotak Infrastructure and Economic Reform Fund
  5. Quant Mid Cap Fund
  6. Nippon India Small Cap Fund
  7. Quant Tax Plan Fund
  8. JM Flexicap Fund
  9. SBI Contra Fund
  10. Tata Small Cap Fund

Q.2 Are equity funds safe?

Answer: Those with medium to high-risk appetites might consider investing in equity funds. Debt funds are appropriate for investors who have a moderate to low tolerance for risk. There are several subcategories within the more general categories of equity, debt, and hybrid funds.

Q.3 Are equity mutual funds good?

Answer: Equity funds offer a wide range of advantages to investors, such as expert management, diversification, and the possibility of achieving higher returns. These funds have additional risks related to losses and volatility in the stock market.


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