7 Best Diversified Equity Funds For Super Returns

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Diversified equity funds invest in company stocks across different sectors and industries irrespective of its market capitalization. Diversified equity funds can be Large Cap or Small & Midcap oriented funds unlike sector funds which focus on a particular sector. 

Investors who are looking for good returns from long-term investment can consider this option. As funds are diversified among different sectors, there are chances of higher returns due to diversification. Though one must remember that these are high-risk investment as large proportion is allocated to stocks.

Here are 7 diversified equity funds that could provide super returns:

SBI Magnum MultiCap Fund

SBI Magnum MultiCap Fund has performed well in the last three year with returns of almost 38 per cent. The fund has stocks like Infosys, equitas Holdings, Axis Bank and SBI.

SBI Magnum MultiCap Fund has been rated as number one by Crisil and Star 5 rating from Value Research Online.

Since the launch the fund has generated 13.02 per cent returns and in the last 1 years it has give returns of 17.40.

There is an exit load of 1% for redemption within 180 days and 0.5% for redemption between 181 - 365 days on the fund.

ICICI Prudential Value Discovery Fund

ICICI Prudential Value Discovery Fund has been rated as number one by Crisil and Star 5 rating from Value Research Online.

Since the launch the fund has generated 23.29 per cent returns and in the last 1 years it has give returns of 11.24. If we take a longer term view, then the fund has given returns of around 33.01 per cent in the last 3 years.

The fund is bench marked against the S&P BSE 500 . The SIP Investment in the fund is for a minimum of Rs 500.

The portfolio comprises of stocks like HDFC Bank, Sun Pharma, ICICI Bank, and L&T.

 

L&T India Value Fund

L&T India Value Fund has been rated as number one by Crisil and Star 4 rating from Value Research Online.

Since the launch the fund has generated 17.43 per cent returns and in the last 1 years it has give returns of 17.49. If we take a longer term view, then the fund has given returns of around 33.77 per cent in the last 3 years.

The portfolio comprises of stocks like SBI, ICICI Bank, Reliance Industries and Power Grid.

There is an exit load of 1% for redemption within 365 days. The minimum investment can be made with Rs 5000 and SIP can be started with as low as Rs 500.

Principal Emerging Bluechip Fund

Principal Emerging Bluechip Fund has been rated as number one by Crisil and Star 4 rating from Value Research Online.

The portfolio comprises of stocks like Eichers Motors, Britannia Industries, HPCL, and Divi's Laboratories.

Since the launch the fund has generated 31.07 per cent returns and in the last 1 years it has give returns of 24. If we take a longer term view, then the fund has given returns of around 39.68 per cent in the last 3 years.

Under this fund, minimum SIP investment is Rs 2000 unlike Rs 500 for other funds.

UTI MNC Fund

UTI MNC Fund has been rated as number one by Crisil and there is no rating from Value Research Online.

Since the launch the fund has generated 18.20 per cent returns and if we take a long term view, then the fund has given returns of around 29.85per cent in the last 3 years.

The fund is bench marked against the Nifty MNC. The portfolio comprises of stocks like Hindustan Unilever, Bosch and Maruti Suzuki.

Birla Sun Life Advantage Fund

Birla Sun Life Advantage Fund has been rated as number second by Crisil and Star 4 rating from Value Research Online.

Since the launch the fund has generated 19.07 per cent returns and if we take a longer term view, then the fund has given returns of around 32.96 per cent in the last 3 years which is better than UTI MNC Fund. The fund is bench marked against the S&P BSE 200.

The portfolio comprises of stocks like Yes Bank, HDFC Bank, Eicher Motors and SBI.

Franklin India High Growth Companies Fund

Franklin India High Growth Companies Fund has been rated as number second by Crisil and Star 5 rating from Value Research Online.

Since the launch the fund has generated 13.58 per cent returns and in the last 1 years it has give returns of 9.91. If we take a longer term view, then the fund has given returns of around 30.97 per cent in the last 3 years.

There is an exit load of 1% for redemption within 730 days. The minimum investment can be made with Rs 5000 and SIP can be started with as low as Rs 500.

The portfolio comprises of banking stocks like SBI, HDFC Bank, ICICI Bank and Axis Bank.

Mutual funds

Investing in equity mutual funds comes with risk and one should read all the scheme related documents carefully before investing. Such investment can provide better returns in long term.

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