Top 10 Mutual Funds from Large AMC’s

Investors stand to earn good returns when they invest in mutual funds. However, picking the right fund is paramount to success. Most investors opt for large Asset Management Companies (AMCs), which traditionally perform better. Although there are 39 AMCs in India, 80% of investors invest in only about 10 of them. Here you will get to know the top 10 mutual funds from Large AMCs and how you can invest in them. Statistics given in Dec 2016 show that Rs. 16.91 Lakh of Crores were invested in the 39 AMCs, which hold thousands of Mutual Fund Schemes in their portfolios.

The Top 10 Large Mutual Funds AMCs in India

mutual funds from AMC'sIn summary, these are the top 10 large mutual fund AMCs based on their Asset Size, where Asset Size refers to the investments held in schemes maintained by the AMCs.

  • ICICI Prudential with an Asset Size of Rs. 2.27 Lakh Crores
  • HDFC with an Asset Size of Rs. 2.21 Lakh Crores
  • Reliance with an Asset Size of Rs. 1.95 Lakh Crores
  • Birla SL with an Asset Size of Rs. 1.8 Lakh Crores
  • SBI with an Asset Size of Rs. 1.4 Lakh Crores
  • UTI with an Asset Size of Rs. 1.29 Lakh Crores
  • Kotak with an Asset Size of 0.82 Lakh Crores
  • Franklin with an Asset Size of 0.75 Lakh Crores
  • DSP BR with an Asset Size of 0.58 Lakh Crores
  • IDFC with an Asset size of 0.58 Lakh Crores

Note: The data comes from figures given in Dec 2016.

Criteria for Picking the List Above

The following criteria was used to pick the list of top 10 mutual funds from large AMCs:

  • Mutual fund schemes that have performed well in the last 10 years and are held by these AMCs
  • Mutual fund schemes that have a 5-star or 4-star rating
  • Equity funds but excluding sector funds
  • Mutual fund schemes that fall in the portfolios of these AMCs

Top 10 Mutual Fund Schemes from Large AMCs – In detail

ICICI Value Discovery Mutual Fund

Value Research Online gave this fund a rating of 5-stars. It has multi-cap or diversified mutual funds in its portfolio. This is one of the best diversified mutual fund schemes in the country

  • Over the last 10 years it has earned investors 18% annualized returns
  • In the last 5 years it has earned investors 22% annualized returns.

Franklin India Smaller Cos Fund

This is the best small cap mutual funds in India, and has a great potential to grow. Value Research online gave it a rating of 4-stars.

  • Over the last 10 years it earned investors 17% annualized returns
  • Over the last 5 years it earned investors 33% annualized returns

UTI Midcap Fund

Value Research Online gave this fund a rating of 4-stars. This is one of the best mid cap mutual funds in India.

  • Over the last 10 years it has earned investors 17% annualized returns
  • In the last 5 years it has earned investors 26% annualized returns.

Franklin India Prima Fund

Value Research Online gave this fund a rating of 4-stars. It is also a premier mid cap mutual fund for investment.

  • Over the last 10 years it has earned investors 16% annualized returns
  • In the last 5 years it has earned investors 26% annualized returns.

DSP BR Tax Saver Mutual Fund

Value Research Online gave this fund a rating of 5-stars. It invests 65% of its portfolio in equity and the rest in debt instruments, making it a tax saving ELSS mutual fund scheme. It is ideal for those who want to invest in tax saving u/s 80C.

  • Over the last 10 years it has earned investors 15% annualized returns
  • In the last 5 years it has earned investors 21% annualized returns.

Franklin India Tax Shield Fund

Value Research Online gave this fund a rating of 4-stars. This is another tax saving ELSS mutual fund scheme and is great for those seeking to save on their taxes through investing in u/s 80C mutual funds.

  • Over the last 10 years it has earned investors 15% annualized returns
  • In the last 5 years it has earned investors 18% annualized returns.

Reliance Tax Saver Mutual Fund

Value Research Online gave this fund a rating of 4-stars. It invests 65% of its portfolio in equity and the rest in debt instruments. It is classified as an ELSS tax saving mutual fund for those who would like to invest in u/s 80C mutual funds.

  • Over the last 10 years it has earned investors 15% annualized returns
  • In the last 5 years it has earned investors 21% annualized returns.

Franklin India Prima Plus Fund

The fund has not yet got a rating from Value Research Online, but it is a great diversified or multi-cap mutual fund.

  • Over the last 10 years it has earned investors 14% annualized returns
  • In the last 5 years it has earned investors 19% annualized returns.

ICICI Pru Long Term Equity Fund

This is a fantastic ELSS tax saving mutual fund which invests 65% of its portfolio in equity and the balance in debt instrument. There is no data about this fund from Value Research Online as yet. For those thinking of investing in tax saving u/s 80 C mutual funds, this is one of the good ones.

  • Over the last 10 years it has earned investors 14% annualized returns.
  • In the last 5 years it has earned investors 19% annualized returns.

Birla SL Frontline Equity Fund

Value Research Online gave this fund a rating of 5-stars. It has been performing consistent for a long while and invests in large cap companies in India.

  • Over the last 10 years it has earned investors 14% annualized returns.
  • In the last 5 years it has earned investors 18% annualized returns.

In Conclusion

These are the top 10 mutual funds from large AMCs, and if you are looking to invest for the future, you should consider them first. You can see that they give good returns and some of them will actually provide you with tax-saving benefits.