Sub-categories of the equity-oriented schemes 

Explanation 

Best Performing funds within the category based on 1 year return (Direct Plan) 

1.      Large-cap Funds 

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. 

Nippon India Large Cap Fund = 73.63% 

Franklin India Bluechip Fund = 68.83% 

HDFC Top 100 Fund = 65.71% 

2.      Large & Mid-Cap Fund 

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. 

ICICI Prudential Large & Mid Cap Fund = 86.30% 

HDFC Large and Mid-Cap Fund = 83.78% 

UTI Core Equity Fund = 80.51% 

3.      Mid-Cap Fund 

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. 

PGIM India Midcap Opportunities Fund = 99.88% 

Quant Mid Cap Fund = 94.71% 

Mirae Asset Midcap Fund = 90.99% 

4.      Small-cap funds  

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. 

Kotak Small Cap Fund = 114.47% 

L&T Emerging Businesses Fund = 111.68% 

Nippon India Small Cap Fund = 109.17% 

5.      Multi-Cap Fund 

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. 

Quant Active Fund = 97.17% 

Edelweiss Recently Listed IPO Fund = 92.10% 

Nippon India Multicap Fund = 89.59% 

6.      Flexi-Cap Fund 

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.  

PGIM India Flexi Cap Fund = 71.55% 

UTI Flexi Cap Fund = 67.25%

DSP Flexi Cap Fund = 64.11% 

7.      Dividend Yield Fund 

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 

ICICI Prudential Dividend Yield Equity Fund = 89.98% 

Templeton India Equity Income Fund = 77.03% 

UTI Dividend Yield Fund = 66.27% 

8.       Value Fund 

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. 

IDFC Sterling Value Fund = 102.31% 

Templeton India Value Fund = 94.06% 

Nippon India Value Fund = 77.27% 

9.      Contra Fund 

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. 

SBI Contra Fund = 91.46% 

Kotak India EQ Contra Fund = 60.84%  

Invesco India Contra Fund = 60.55% 

10.  Focused Fund 

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.  

Franklin India Focused Equity Fund = 84.14% 

Nippon India Focused Equity Fund = 81.56% 

HDFC Focused 30 Fund = 76.21% 

11.  Sectoral/Thematic Fund 

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. 

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% 

12.  ELSS (Equity Linked Savings Scheme) 

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. 

Quant Tax Plan = 102.43% 

IDFC Tax Advantage (ELSS) Fund = 85.99% 

Franklin India Taxshield Fund = 76.81%