Top 10 Best Performing Mutual Funds in India 2018-2019: Worth Investing in 2020?
When it comes to investment choices, mutual funds (MFs) have emerged as a popular and reliable option for many investors. If you're curious about the top 10 best performing mutual funds in India for 2018 and 2019, or if you wonder whether mutual funds are still worth investing in 2020, this article delves into these questions and offers insights based on market performance and expert opinions.
Top 10 MF Schemes My Favourites Since 2018
Throughout 2018 and 2019, the performance of certain MF schemes garnered significant attention. Here are my top picks:
Mirae Assets LargeCap: This scheme consistently delivered impressive returns, especially in the large-cap segment. Axiis BlueChip: Known for its diverse and well-diversified portfolio, this scheme garnered rave reviews from investors. Kotak MultiCap: Focused on a balanced approach, this scheme has proven to be a standout performer. Mirae Assets BlueChip: This scheme has been a favorite among investors who seek stability with long-term growth. SBI Focused Equity: Specializing in a focused approach, this scheme has managed to deliver strong returns over the years. Canara Robeco Emerging Equities: This scheme has shown remarkable adaptability in identifying emerging opportunities. Axis MidCap: Known for its mid-cap focus, this scheme has maintained a consistent performance level. Axis Long Term Equity: Ideal for investors with a long-term perspective, this scheme performs well in the long run. Axiis SmallCap: Though small-cap performance is often volatile, this scheme has managed to deliver steady results. SBI SmallCap: Another good performer in the small-cap segment, ensuring a balanced approach.Performance Trends and Market Adjustments
The performance of mid-cap and small-cap MFs has seen notable fluctuations. From March 2018, both mid-cap and small-cap funds faced a downturn. However, large-cap, multi-cap, and focused funds managed to maintain their performance levels.
Top Performing MFs in 2018-2019
Mirae Assets LargeCap: One of the top performers, consistently delivering strong returns. Axiis BlueChip: Known for its well-diversified portfolio and steady performance. Axiis Focused 25: A standout performer with a focus on specific sectors. SBI Focused Equity: Known for its focused approach in delivering strong returns. Parag Parekh Long Term Equity: This trust has managed to maintain its performance levels over the years. Canara Robeco Bluechip Equity: Another trustworthy performer, especially in the bluechip segment. Mirae Assets Tax Saver: Known for its tax-savings benefits and consistent returns. Axiis Long Term Equity: An ideal choice for long-term investors seeking stability. Axiis MultiCap: Balanced approach with dependable performance. IIFL Focused Equity: Known for its focused investment strategy and strong returns.Is Mutual Fund Investment Worth in 2020?
Despite market uncertainties, mutual funds have historically shown their value over the long term. Here are reasons why mutual funds are a worthwhile investment option in 2020:
Market Uncertainties**: Due to the global financial crisis and other market events, now is a great time to invest in mutual funds. Shares may be available at lower prices. Low NAV**: Many mutual funds currently offer shares at lower Net Asset Values (NAV), making them more affordable and potentially more attractive for long-term investors. Future Wealth Creation**: Investing at current low NAVs can lead to substantial wealth creation over the long term. This is especially true in a diversified mutual fund portfolio. Long-Term Perspective**: It is generally recommended to invest in mutual funds for periods longer than 10 years, given their stability and potential for growth over time. Tracking and Decision-Making**: Wise decision-making and tracking of your portfolio can help you navigate market trends and make informed investment choices.Expert Opinion
In my opinion, despite market sentiments, mutual funds remain a robust investment option, provided you are willing to invest for longer periods. Longer-term investments can provide substantial wealth accumulation. This is particularly true during periods like the current global pandemic, where low share prices offer a better entry point for mutual funds.
However, it is essential to validate the information and conduct thorough financial analysis before making any investment decisions. Keep in mind that the views and opinions expressed herein are for information and general purposes only and are subject to change without notice.