Top Performing Funds

The aim of diversified equity funds is to provide capital appreciation over the medium to long- term. Such schemes normally invest a major part of their corpus in equities. Such funds have comparatively high risks. These schemes are good for investors seeking appreciation over a period of 5+ years.

Equity Hybrid/Balanced funds invest both in equities and fixed income securities in the proportion indicated in their offer documents. Such schemes provide capital appreciation with less volatility. These schemes are suitable for investors looking for moderate growth with less volatility over 5+ years.

The aim of ELSS(Equity Linked Saving Scheme) funds is to provide tax benefit to investors under section 80C of Income Tax Act and to provide capital appreciation over medium to long term. Investment in these schemes is locked for 3 years from the date of investment. These schemes invest major part of their corpus in equities and are volatile in nature. These schemes are good for investors seeking appreciation over a period of 5+ years and looking to save tax under section 80C.

The aim of Sector Funds is to seek capital appreciation by investing majority of their corpus in a particular sector as indicated in their offer document. These schemes are highly volatile in nature and should be chosen after careful study of that particular sector. These schemes are suitable for high risk investors with knowledge of various sectors.

Index Funds replicate the portfolio of a particular index such as the BSE Sensitive index, S&P NSE 50 index (Nifty), etc. These schemes invest in the securities in the same weightage comprising of an index and have lower expenses than other diversified equity funds. These funds are suitable for investors seeking capital appreciation in line with the respective Index.

The FoF(Fund of Funds)-Domestic invests in other mutual fund schemes operating within the country. The nature of schemes chosen for investment and their proportion is as per the investment objective of FOF Scheme. These funds are also called Multi-Manager Funds. These funds are suitable for investors looking for diversification by investing in a single scheme. On the flipside, the expenses of FoF are higher than a regular scheme. Also, the tax treatment of FoF scheme is similar to that of Debt, even though the scheme may be investing in only equity funds.

The FoF(Fund of Funds)-Global invests in other mutual fund schemes operating outside the country. The nature of schemes chosen for investment and their proportion is as per the investment objective of FOF Scheme. These funds are suitable for investors looking for geographical diversification by investing outside the country. On the flipside, the expenses of FoF are higher than a regular scheme. Also, the tax treatment of FoF scheme is similar to that of Debt, even though the scheme may be investing in only equity funds.