List of funds that may give double-digit returns in next couple of years
When it comes to investing in mutual funds, a lot of people make their decision based on past data information such as historical returns. However, it hardly gives any indication of its future performance but still, a lot of mutual fund investors get into this trap. However, at DSIJ, we rank funds based on proprietary research methodology wherein, we take advantage of our research strength as well as 34 years of experience in understanding listed companies to ascertain expected return on the underlying stocks of each equity fund. This helps us to come out with a composite score, which we commonly call, mutual fund score (MF Score). Hence, depending upon the MF score, we rank the funds without getting influenced by its historical returns. Here is a list of the top 10 funds that are likely to give double-digit returns in the next couple of years.
|
DSIJ Rank
|
Scheme Name
|
Category
|
Expected 2 Year Return (per cent)
|
Risk Factor
|
|
1
|
Franklin India Smaller Companies Fund (Growth)
|
Equity - Small Cap
|
52.90
|
High
|
|
2
|
Aditya Birla Sun Life PSU Equity Fund (Growth)
|
Equity - Thematic
|
23.79
|
Moderate
|
|
3
|
ICICI Prudential FMCG Fund - Growth (Growth)
|
Equity - Thematic
|
22.79
|
Low
|
|
4
|
SBI PSU Fund (Growth)
|
Equity - Thematic
|
21.16
|
Moderately Low
|
|
5
|
Aditya Birla Sun Life Dividend Yield Fund (Growth)
|
Equity - Dividend Yield
|
19.42
|
Moderately Low
|
|
6
|
ITI Long Term Equity Fund (Growth)
|
Equity - ELSS
|
18.77
|
Moderately High
|
|
7
|
UTI Dividend Yield Fund (Growth)
|
Equity - Dividend Yield
|
18.46
|
Low
|
|
8
|
HDFC Flexi Cap Fund - Regular Plan (Growth)
|
Equity - Flexi Cap
|
18.30
|
Moderately High
|
|
9
|
ICICI Prudential India Opportunities Fund (Growth)
|
Equity - Thematic
|
17.57
|
Moderately High
|
|
10
|
Baroda Mid-Cap Fund (Growth)
|
Equity - Mid Cap
|
17.38
|
Moderately High
|
Having said, the above-expected returns are received with no major change in the mutual fund’s portfolio. Further, you can check your funds’ rank anytime by visiting the ‘mutual fund’ section on our website or by clicking here.
Besides, the above list of funds is in no way a sort of recommendation. As everyone has a different investment horizon, it is difficult to provide ‘one-size-fits-all’ type of funds that may suit all. Therefore, it is highly recommended to do your own research before investing in these funds.