Markets have rallied a fair bit and many analysts say that there could be more upside in the days to come. Here are 7 large cap mutual funds that could churn good returns. We have evaluated them based on the portfolio, crisil ratings, past track record, expense ratio and various other parameters.
Take a look at 7 such mutual funds that hold good potential.
UTI MNC Fund
With 3-year returns of 25 per cent, this has to be one among the star performers in its category. The fund has been rated number 1 by Crisil and has blue chip stocks like Hindustan Unilever and Bosch as its top 2-holdings.
It's a good bet for those looking at exposure to MNC companies.
SBI Blue Chip Fund
This is one fund that has had a stellar performance in the last few years. The fund has generated a return of almost 21 per cent in 3 years.
It has a 5-star rating from Value Research Online and a number one rating from Crisil. The portfolio is solid led by HDFC Bank, Infosys and Reliance Industries.
The growth plan of the fund has an NAV of Rs 29.75, while the dividend plan has an NAV of Rs 17.84.
Franklin India Opportunities Fund
This fund has given a return of 21 per cent in the last three years and compares better than some of its peers.
For the Month of March, Crisil has rated the fund as number 1. A solid portfolio led by HDFC Bank and YES Bank, should ensure that the fund would continue to give good returns.
The growth plan of the fund has an NAV of Rs 56.69, while the dividend plan has an NAV of Rs 18.81.
Kotak Select Focus Fund
Kotak Select Focus Fund is another fund that has done well. The fund has generated returns of close to 22 per cent.
It has been rated number one by Crisil and its top holdings include the like of HDFC Bank, Infosys and Reliance Industries.
Its expense ratio is one of the best at near the 2 per cent mark.
BNP Paribas Equity Fund
BNP Paribas Equity Fund has not given the highest returns, as compared to those mentioned above, but, it is pretty decent at 19 per cent in the last three years.
The only worry for this fund is the fact that it has got some heavy exposure to telecom stocks, which have not been the best performers in the past.
Crisil has rated the fund number 2.
Birla Sunlife Frontline Equity Fund
Birla Sunlife Frontline Equity Fund has given returns of 19 per cent in the last three years. This may not be the best in its category, but, can be considered as pretty decent.
The fund has been rated as number 2 by Crisil. The holdings include names like HDFC Bank, Infosys and Reliance Industries.
Franklin India Bluechip Fund
Franklin India Bluechip Fund like Birla Sunlife Frontline Equity Fund has been rated as number 2. Value Research Online has rated the fund as number 1. Bluechip in its portfolio include the likes of HDFC, Infosys and Reliance Industries.
The net asset value of the company under the growth plan is Rs 43.26.