How To Select And Identify The Best Mutual Funds Companies In The Current Market?

The mutual funds market is a complex space with a variety of options that an investor can choose from. It is essential to select the best mutual fund companies to ensure that you make sound investments and gain maximum returns. Investing in the best mutual fund companies is a critical decision for investors. It is important to take time and do some research to select the best mutual fund companies in india for your needs.

There are several factors to consider to evaluate a mutual fund company’s performance. Some of the most important criteria to consider include investment returns, portfolio management experience, financial stability, customer service, and policy management.

Investment Returns

Investment returns are perhaps the foremost criteria in choosing a mutual fund company. It is important to compare the performances of various funds across different time periods to check the consistency of return. Over the long-term, the performance of a fund should be superior compared to other funds and indices.

Below are few examples of top mutual funds to invest in India based on consistent returns:

TOP EQUITY MUTUAL FUNDS	1Y	3Y	5Y	10Y
Axis Blue chip Fund – Growth	1.65	14.56	13.90	14.0
Canara Robeco Blue chip Equity Fund – Growth	5.19	18.47	16.20	14.4
UTI Master Share Fund – Growth	4.68	19.55	15.34	13.5
Aditya Birla Sun Life Frontline Equity Fund – Growth	7.88	20.37	14.70	13.4
ICICI Prudential Large & Mid Cap Fund – Growth	14.6	28.16	19.14	15.0

Portfolio Management Experience:

The portfolio management experience of a fund is one of the important criteria. It is important to look at the track record of the fund manager. You need to make sure that the fund manager has a long-term track record of success and has a deep understanding of the markets.

Below are few examples of top mutual funds to invest in India based on experience of the Fund Managers:

 

Mutual Fund	Fund Manager Experience
ICICI PRUDENTIAL BLUECHIP FUND – GROWTH	Anish Tawakley Anish is a Fund Manager & Head of Research at ICICI Prudential AMC. Currently, he manages ICICI Prudential Bluechip Fund and ICICI Prudential Manufacture in India Fund. With an overall work experience of more than two decades, he has gathered an expertise in capital markets and strategic consulting. He has been associated with Barclays, McKinsey, Bernstein, Credit Suisse in various leadership positions. Anish holds a Post Graduate Diploma in Management from Indian Institute of Management, Bangalore and a B. Tech from Indian Institute of Technology, Delhi.
CANARA ROBECO BLUE CHIP EQUITY FUND GROWTH	Shridatta Bhandwaldar Mr. Bhandwaldar is a BE (Mechanical) and MMS (Finance). Prior to joining Canara Robeco Mutual Fund he was associated with SBI Pension Funds Pvt. Ltd. (Jul 2012-Jun 2016) as Head-Research, Heritage India Advisory Pvt. Ltd. (Oct 2009-Jun 2012) as Senior Equity Analyst, Motilal Oswal Securities (Jan 2008-Sep 2009) and MF Global Securities (Apr 2006-Dec 2008).
AXIS BLUECHIP FUND GROWTH	Shreyash Devalkar Shreyash Devalkar is the Senior Fund Manager at Axis AMC. He joined the AMC in 2016 and took over the responsibility of managing important funds like Bluechip Fund, Midcap Fund, followed by Multicap Fund in 2017. Prior to this, he was associated with BNP Paribas AMC as a Fund Manager for more than 5 years. He has also worked as a Research Analyst at IDFC Asset Management Company (July 2008 to Jan 2011) and IDFC Securities (Sept 2005 to July 2008).

Financial Stability

Financial stability is an important criterion to judge a mutual fund company. The company should have enough resources to invest in different instruments across different asset classes and have the agility to respond to changing market trends.

 

Below are few examples of top mutual funds to invest in India based on fund size managed:

Mutual Fund	AUM
SBI Liquid Fund Growth	₹63456.41Cr
HDFC Liquid Fund – Growth	₹58670.75Cr
ICICI Prudential Liquid Fund – Growth	₹40973.38Cr

Customer Service

Customer service is an important criteria for assessing a mutual fund company. The company should have knowledgeable staff that can answer queries promptly and clearly. They should be able to explain the technical aspects of the fund in simple terms that the investors can understand.

It is tough to judge a mutual fund customer service unless you invest in it. Further, after investing you may not have any issues for several days or weeks and only when something goes wrong and you contact the customer service, your experience may or may not be good. Hence, we always recommend that you trade in mutual funds through an AMFI Registered Advisor who would be your one point of contact for all the mutual funds you hold. Moreover, they even help you in selecting the top mutual funds to invest in India.

Policy Management:

Policy management is another important criteria to consider. The policies of the mutual fund company should specify the features that the investors can expect like fund charges, redemption charges, and the rules for investments. It is important to read the policy documents to make sure you understand the terms and conditions and agree to them before investing.

Conclusion:

To conclude, selecting the best mutual fund companies is a critical decision that can make a huge difference to your investments. It is important to select a company based on criteria such as investment returns, portfolio management experience, financial stability, customer service, and policy management. Taking the time to do some research can help you select the top mutual funds to invest in India to meet your needs.