NAV of these top equity mutual funds are trading near 52-week high; do you hold them?
You might have heard of stocks trading near their 52-week high. This is considered to be a good indicator of its strength. In this article, we have listed top equity MFs that are trading near their 52-week high.
Equity markets have been dicey amid volatility and weak global cues. Certainly, the markets are currently trading in a bear phase. However, you might still find few stocks showing strength, especially those that are trading near their 52-week high despite such a volatile market.
If your investment horizon is lower, then at present you should invest cautiously in equity mutual funds and rather prefer investing in debt mutual funds. However, for long-term investors, this provides an opportunity to accumulate units at lower net asset value (NAV).
Moreover, increasing the SIP makes more sense if you invest via a systematic Investment Plan (SIP). This would help you accumulate higher units at a lower NAV.
In this article, we have curated a list of top equity mutual funds, whose NAVs are trading near their 52-week high. This will help investors to pick the funds that currently possess strength.
Having said that, this would rather work better as a screener. Hence, we would recommend investors not take investment decisions just based on this parameter. In fact, use this as a screener for carrying out further analysis.
Following is the list of top equity mutual funds, whose NAVs are trading near their 52-week high.
|
Funds
|
Category
|
NAV (Rs)
|
52-Week High (NAV)
|
Trailing Returns (%)
|
|
1-Year
|
3-Year
|
5-Year
|
|
SBI Consumption Opportunities Fund
|
Thematic - Consumption
|
205.7
|
209.3
|
16.1
|
22.0
|
14.6
|
|
Union Small Cap Fund
|
Small Cap
|
31.2
|
31.8
|
6.1
|
33.2
|
15.2
|
|
ICICI Prudential Bharat Consumption Fund
|
Thematic - Consumption
|
15.9
|
16.2
|
6.8
|
16.5
|
-
|
|
ICICI Prudential Exports & Services Fund
|
Thematic
|
93.5
|
95.7
|
1.2
|
19.9
|
10.8
|
|
SBI Large & Midcap Fund
|
Large & Mid Cap
|
386.7
|
397.3
|
4.7
|
21.9
|
13.7
|
|
ICICI Prudential India Opportunities Fund
|
Thematic
|
19.1
|
19.6
|
6.4
|
25.9
|
-
|
|
SBI Small Cap Fund
|
Small Cap
|
114.7
|
118.1
|
9.7
|
31.1
|
17.5
|
|
Nippon India Multi Cap Fund
|
Multi Cap
|
162.5
|
167.6
|
8.5
|
21.6
|
13.4
|
|
Nippon India Consumption Fund
|
Thematic - Consumption
|
128.8
|
132.8
|
10.6
|
25.0
|
16.2
|
|
ICICI Prudential FMCG Fund
|
Thematic - Consumption
|
370.1
|
381.8
|
9.9
|
15.0
|
12.3
|
|
Source: RupeeVest
|