9 Mutual Fund Schemes Ranked No 1 By Crisil, Do You Own Any?

The last few years have seen good interest from investors, who have increasingly moved money from fixed interest bearing instruments to mutual funds. In fact, SIP inflows into mutual funds continue to remain strong. Here are a list of 9 mutual fund schemes that are ranked no 1 by Crisil. We have only considered largecaps, flexicaps and ELSS for the purpose. In fact, small caps, midcap mutual fund schemes etc., have been excluded.

Scheme name	Type	Ranking
HDFC Flexi Cap Fund	Flexi Cap	No 1
JM Flexi Cap Fund	Flexi Cap	No 1
Franklin India Flexi Cap Fund	Flexi Cap	No 1
Nippon India Largecap Fund	Large Cap	No 1
HDFC Top 100	Large Cap	No 1
ICICI Prudential Bluechip	Large Cap	No 1
Quant Tax Plan	ELSS	No 1
Bandhan Tax Advantage	ELSS	No 1
Parag Parikh Tax Saver	ELSS	No 1
HDFC Tax Saver	ELSS	No 1

We would like to inform our readers that we have just highlighted the schemes that are No 1 and are not suggesting to invest, hold or to sell the units. We have not done any analysis and the above rankings are based on the CRISIL rankings for which the agency would have its own parameters. What we can advise investors at the moment is that the Sensex this week has hit a new historic high and investors in equity mutual fund units have made good money. Having said that, investing through the lumpsum route when markets are trading very high can be a little risky. A better option would be to use the Systematic Investment Plan route where investors can average costs. Overall, investors over the last 3-5 years have made very good returns in the markets and the present stock market momentum looks strong.

Disclaimer

Please note, the mutual fund schemes highlighted above and are not recommendations from our end. Investors may please note, that neither the author, nor Greynium Information Technologies would be responsible for losses incurred. Please consult a professional advisor before investing. Mutual fund investing is subject to markets risks and investors should study those risks carefully before investing.