5-Star Rated Mutual Fund SIPs That Investors Can Invest For November & December

Markets have now moved higher to nearly 61,000 points on the Sensex, which is near peak levels. It is now time to hedge your risk and look at mutual fund SIPs. We have selected two equity mutual funds that are rated 5-star by Value Research and two rated no 1 by Crisil. These are suitable for SIPs for individual investors.

UTI Nifty 50 Index Fund - Regular Plan

This fund has been rated 5-star by Value Research. The fund has generated a 3-year returns of 15.80% on an annualized basis. The net asset value under the growth category is Rs 121.71. A monthly SIP of Rs 10,000 done over the last three years would have resulted in an 18.16 annualized returns.

The expense ratio of the fund is 0.32%, which is much lower than peers. The top holdings of the fund include names like Reliance Industries, HDFC Bank, ICICI Bank, Infosys and HDFC among others. The fund is a good bet for those looking to make money through SIPs for the more long term.

ICICI Prudential Bluechip Fund - Growth

This fund has also been rated 5-star by Value Research. The 3-years annualized returns from the fund is 17.36%. The fund has got holdings in companies like Reliance Industries, ICICI Bank, HDFC Bank, Infosys, L&T, Axis Bank etc. The net asset value under the growth plan is Rs 74.97, while the minimum SIP amount is Rs 100. A bulk of the amount of the fund has been invested in equities, which is as high as 90%. Cash and cash equivalents form about 8%. The exposure to the financial sector is the highest at around 29%. For investors who are willing to invest for a period of around 5 to 7 years, this would be a good fund to look at.

Franklin India Flexi Cap Fund

This fund is good for investors, who wish to seek exposure to mutual funds, that tend to invest across categories. This fund has been ranked as No 1 by Crisil in its rankings, which is the highest ranking according to funds. About 77% of the allocation has been done to large caps, while the exposure in midcaps is in the range of 12%. The 3-year returns from the fund is close to 20%, which is not bad at all. The assets under management of the fund is close to Rs 10,000 crores.

Quant Midcap Fund

The scheme aims at providing long term capital appreciation and generating income with a diversified portfolio of Mid Cap companies. If investors are likely to take some higher risk, than a midcap fund is a good bet. The Quant Midcap fund invests only in midcap stocks, which means the risks are far higher. The 1-year returns from he fund is 15%, while the 3-year returns from the fund is 33% on an annualized basis. The fund has exposure to stocks like Escorts Kubota, Patanjali Foods, Punjab National Bank and Adani Ports. The total assets under management of the scheme is close to Rs 11,000 crores, which is sizeable for a midcap fund. Better to invest for the slightly longer-term for these SIPs.