Sub-categories of the equity-oriented schemes
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Explanation
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Best Performing funds within the category based on 1 year return (Direct Plan)
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1. Large-cap Funds
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These funds are open-ended equity scheme which chiefly invest in large-cap stocks. Minimum investment in equity and equity-related instrument should be at least of 80% of its total assets.
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Nippon India Large Cap Fund = 73.63%
Franklin India Bluechip Fund = 68.83%
HDFC Top 100 Fund = 65.71%
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2. Large & Mid-Cap Fund
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These funds are open-ended equity scheme which chiefly invest in large & mid cap companies. Minimum investment in equity and equity-related instrument should be at least 35% of total assets in large-cap funds as well as mid-cap funds each.
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ICICI Prudential Large & Mid Cap Fund = 86.30%
HDFC Large and Mid-Cap Fund = 83.78%
UTI Core Equity Fund = 80.51%
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3. Mid-Cap Fund
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These funds are open-ended equity scheme which chiefly invest in mid-cap companies. Minimum investment in equity and equity-related instrument should be at least 65% of its total assets.
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PGIM India Midcap Opportunities Fund = 99.88%
Quant Mid Cap Fund = 94.71%
Mirae Asset Midcap Fund = 90.99%
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4. Small-cap funds
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These funds are open-ended schemes which chiefly invest in small-cap companies. Minimum investment in equity and equity-related instrument should be at least 65% of its total assets.
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Kotak Small Cap Fund = 114.47%
L&T Emerging Businesses Fund = 111.68%
Nippon India Small Cap Fund = 109.17%
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5. Multi-Cap Fund
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Multi-cap funds are an open-ended scheme which invest across large cap, mid cap and small cap companies. Minimum investment in equity and equity related instrument should at least 65% of total assets. Multi cap funds should have a portfolio of not less than 25% in large cap, mid cap, and small cap companies respectively.
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Quant Active Fund = 97.17%
Edelweiss Recently Listed IPO Fund = 92.10%
Nippon India Multicap Fund = 89.59%
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6. Flexi-Cap Fund
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Flexi-cap funds are open-ended scheme which invest across large-cap, mid-cap and small cap companies. Minimum investment in equity and equity related instrument should at least 65% of total assets. Flexi-cap funds does not have any restrictions like multi-cap funds. These funds can invest across market capitalization without any restrictions and limits.
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PGIM India Flexi Cap Fund = 71.55%
UTI Flexi Cap Fund = 67.25%
DSP Flexi Cap Fund = 64.11%
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7. Dividend Yield Fund
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These funds are equity-oriented scheme which chiefly invest in dividend yielding stocks. Minimum investment in equity should be at least 65% of total assets
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ICICI Prudential Dividend Yield Equity Fund = 89.98%
Templeton India Equity Income Fund = 77.03%
UTI Dividend Yield Fund = 66.27%
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8. Value Fund
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These funds are equity-oriented schemes which chiefly follows the value investment strategy. Minimum investment in equity and equity related instrument should be at least 65% of total assets.
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IDFC Sterling Value Fund = 102.31%
Templeton India Value Fund = 94.06%
Nippon India Value Fund = 77.27%
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9. Contra Fund
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These funds are equity-oriented scheme which chiefly follow contrarian investment strategy. Minimum investment in equity and equity-related instruments should be at least 65% of total assets.
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SBI Contra Fund = 91.46%
Kotak India EQ Contra Fund = 60.84%
Invesco India Contra Fund = 60.55%
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10. Focused Fund
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These funds are equity-oriented scheme which invest in maximum 30 stocks (where the scheme intends to focus viz. multi-cap, large-cap, mid-cap, small-cap). Minimum investment in equity and equity-related instruments should be at least 65% of total assets.
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Franklin India Focused Equity Fund = 84.14%
Nippon India Focused Equity Fund = 81.56%
HDFC Focused 30 Fund = 76.21%
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11. Sectoral/Thematic Fund
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These funds are open-ended schemes which invest in a particular sector or theme. Minimum investment in equity and equity related instrument of a particular sector should be at least 80% of its total assets.
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Following are best performing out of all sectoral/thematic funds based on one year return:
ICICI Prudential Commodities Fund = 144.58%
ICICI Prudential Infrastructure Fund = 114.64%
IDFC Infrastructure Fund = 110.87%
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12. ELSS (Equity Linked Savings Scheme)
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These funds are open-ended schemes which invest in equity related instrument with a statutory Lock in period of 3 years and offers tax benefit. Minimum investment in equity and equity-related instrument should be of at least 80% of its total assets.
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Quant Tax Plan = 102.43%
IDFC Tax Advantage (ELSS) Fund = 85.99%
Franklin India Taxshield Fund = 76.81%
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