Top 5 Best Return Mutual Funds in 2019

If you want to save money and get a better return then you can invest your money in mutual funds. A long term investment in the Top mutual funds will give you best return, here we are listed some of the Top performing Mutual funds which will give you the best return.

SBI Banking & Financial Services Fund Direct-Growth

SBI Banking & Financial Services Fund Direct-Growth is an Equity mutual fund scheme from SBI Mutual Fund. This scheme was launched on 26 Feb 2015 and is currently managed by its fund managers Sohini Andani and Milind Agrawal. It has an AUM of Rs.1,196.05 Crores and the latest NAV declared is Rs.20.435 as on 22 Nov 2019 at 10:40 pm.

SBI Banking & Financial Services Fund Direct-Growth scheme return performance in the last 1 year is 26.24%, in the last 3 years is 84.84% and 99.62% since the scheme launch. The min. SIP amount to invest in this scheme is Rs. 500.

Scheme Details

AUM:         Rs. 1,196.05 Cr

Category: Equity: Sectoral-Banking

Launch Date: 26 Feb 2015

Fund Type: Open-End

Tata Banking and Financial Services Fund Direct-Growth

Tata Banking and Financial Services Fund Direct-Growth is an Equity mutual fund scheme from Tata Mutual Fund. This scheme was launched on 28 Dec 2015 and is currently managed by its fund managers Sonam Udasi and Amey Sathe. It has an AUM of Rs. 371.97 Crores and the latest NAV declared is Rs. 21.976 as on 22 Nov 2019 at 8:20 pm.

Tata Banking and Financial Services Fund Direct-Growth scheme return performance in the last 1 year is 29.50%, in the last 3 years is 80.93% and 118.74% since the scheme launch. The min. SIP amount to invest in this scheme is Rs. 500.

Scheme Details

AUM:         Rs. 371.97 Cr

Category: Equity: Sectoral-Banking

Launch Date: 28 Dec 2015

Fund Type: Open-End

Tata Digital India Fund Direct-Growth

Tata Digital India Fund Direct-Growth is an Equity mutual fund scheme from Tata Mutual Fund. This scheme was launched on 28 Dec 2015 and is currently managed by its fund manager Sailesh Jain. It has an AUM of Rs. 412.31 Crores and the latest NAV declared is Rs. 15.653 as on 22 Nov 2019 at 8:20 pm.

Tata Digital India Fund Direct-Growth scheme return performance in the 1 year is 10.85%, in the 3 years is 79.17% and 56.47% since scheme launch. The min. SIP amount to invest in this scheme is Rs. 500.

Scheme Details

AUM:       Rs. 412.31 Cr

Category: Equity: Sectoral-Technology

Launch Date: 28 Dec 2015

Fund Type: Open-End

Tata India Consumer Fund Direct-Growth

Tata India Consumer Fund Direct-Growth is an Equity mutual fund scheme from Tata Mutual Fund. This scheme was launched on 28 Dec 2015 and is currently managed by its fund managers Sonam Udasi and Ennettee Fernandes. It has an AUM of Rs. 1,446.76 Crores and the latest NAV declared is Rs. 18.474 as on 22 Nov 2019 at 8:20 pm.

Tata India Consumer Fund Direct-Growth scheme return performance in the 1 year is 2.56%, in the 3 years is 78.67% and 83.87% since scheme launch. The min. SIP amount to invest in this scheme is Rs. 500.

Scheme Details

AUM:         Rs. 1,446.76 Cr

Category: Equity: Thematic-Consumption

Launch Date: 28 Dec 2015

Fund Type: Open-End

Invesco India Financial Services Fund Direct-Growth

Invesco India Financial Services Fund Direct-Growth is an Equity mutual fund scheme from Invesco Mutual Fund. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Amit Ganatra and Dhimant Kothari. It has an AUM of Rs. 174.84 Crores and the latest NAV declared is Rs. 68.230 as on 22 Nov 2019 at 9:05 pm.

Invesco India Financial Services Fund Direct-Growth scheme return performance in the 1 year is 24.42%, in the 3 years is 77.22% and 180.67% since scheme launch. The min. SIP amount to invest in this scheme is Rs. 100.

Scheme Details

AUM:         Rs. 174.84 Cr

Category: Equity: Sectoral-Banking

Launch Date: 01 Jan 2013

Fund Type: Open-End

All the above-mentioned funds are Equity Mutal Funds.

What are Equity Mutal Funds?

Equity mutual funds aim to generate a higher return, these type of funds invest primarily in stocks or equities. On dated according to SEBI Mutual Fund Regulations, an equity mutual fund scheme must invest at least 65% of the scheme’s assets in equities and equity-related instruments.

Equity mutual funds are a different type

Large Cap Equity Funds
Mid-Cap Equity Funds
Small Cap
Multi Cap Equity Funds or Diversified Equity Funds
Thematic Equity Funds

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