Mutual Fund performance can vary enormously, depending on sector and company exposure. Here are 5 mutual fund schemes, including debt dedicated schemes which have the potential to offer good returns in the medium to long term.
A good portfolio of stocks
Reliance Pharma Fund - Growth, has generated a good returns of around 13% in the last 1 year. The Fund has high quality pharma stocks in its portfolio including Divis Labs, Cipla and Sun Pharma. With pharma stocks still in favour the fund has the ability to generate good returns in the medium to long term.
Good returns in the last one year
If you are looking for a pure debt fund, then Sundaram Gilt is a good choice. The fund has generated a return of around 18.56% in the last 1 year.
Secure and safe instruments
Tata Dynamic Bond Fund is another good debt dedicated mutual fund scheme. The Fund has generated a return of around 11 per cent in the last 1 year and the net asset value is currently Rs 18.12.
It has high quality safe debt instruments in its portfolio.
A focus on big large cap stocks
Axis Equity focuses on investment in large cap stocks. The company's portfolio include blue chip stocks like ITC, Infosys, HDFC Bank and Tata Consultancy Services.
The current net asset value of the fund is Rs 12.8.
A good buy
BNP Paribas Equity like Axis Equity has been focussing on quality blue chip large cap stocks.
Among the stocks in its portfolio include Infosys, HDFC Bank, Idea Cellular, Tata Consulatncy Services and ITC. The current NAV of the scheme is Rs 40.79.