Incorporating debt mutual funds into your long-term portfolio

by Hansraj Agrawal | Apr 5, 2025 | Share Market

Despite often being overshadowed by equity investments, debt investments are equally essential for building a well-balanced portfolio. Instead of considering debt mutual funds merely as temporary parking ground, investors can use them to build long-term portfolios. Debt funds offer lower return volatility than most other asset classes. During market downturns, high-quality debt funds often retain or gain value, offsetting equity losses and enhancing portfolio resilience.

In India, debt mutual funds are available in 16 categories, alongside target maturity-oriented passive funds, catering to investors with varying risk appetites, investment horizons, and yield expectations. Overnight, liquid, ultra-short-duration, and low-duration funds primarily use an accrual strategy for interest income. Gilt funds, dynamic bond funds, and various duration-based funds adopt a duration strategy to benefit from interest rate fluctuations. Meanwhile, short-duration funds, corporate bond funds, and banking & PSU funds integrate both approaches.

Certain debt fund categories are particularly well-suited for long-term portfolios. These include:

Short-duration Funds: These funds provide a balance between liquidity and returns while maintaining moderate sensitivity to interest rate changes. These funds are required to invest in debt instruments, maintaining a Macaulay duration between one and three years. In a rising rate environment, it enables quicker portfolio adjustments and reinvestment at higher yields. The performance, based on data from the past 15 years, assessed using a 10-year rolling return, indicates that short-duration funds achieved an average annualised return of 7.3 per cent, while the gilt funds category recorded 8.1 per cent.

Corporate Bond Funds: Investing at least 80 per cent in high-quality corporate debt instruments (predominantly AAA and AA rated), these funds provide higher yields than government securities while maintaining reasonable risk profiles. Long-term investors benefit from the compounding effect of these enhanced yields, which can deliver better returns over extended investment horizons. A 10-year rolling return over the past 15 years shows corporate bond funds averaged a 7.7 per cent annualised return.

Banking and PSU Funds: These funds invest predominantly in debt securities issued by banks and public sector undertakings, offering enhanced safety profile with minimal credit risk, yields typically 50-75 basis points above government securities. Banking and PSU funds represent a middle ground between the safety of government securities and the yields of corporate bond funds, making them ideal for conservative long-term investors. The category posted a 7.6 per cent annualised return based on a 10-year rolling analysis over the past 15 years.

Gilt Funds: Investing exclusively in government securities, gilt funds eliminate credit risk as they are backed by sovereign guarantees. However, investors must be mindful of their exposure to interest rate fluctuations. Within the gilt categories, gilt funds with a 10-year constant duration maintain a consistent interest rate risk by targeting bonds with approximately 10 years of remaining maturity.

The minimum, average, and maximum 10-year returns of funds in the overall gilt category, as calculated from the last 15 years of data, were 5.5 per cent, 8.1 per cent, and 10.4 per cent, respectively.

The accompanying table demonstrates that while these funds may experience short-term volatility, they tend to provide relatively stable returns over the long term.

Target Maturity Funds: Target maturity funds (TMF) are passively managed and invest in bonds with fixed maturity dates, reducing interest rate risks when held until maturity. They primarily hold government securities, State Development Loans (SDLs), and PSU bonds. Their predictable return profile makes them suitable for goal-based investments such as retirement planning. Moreover, their index-based structure typically results in lower expense ratios than actively managed alternatives.

Allocation strategies

As investors approach their financial goals or retirement, gradually shifting a higher percentage into debt funds can help reduce risk, safeguard investments, and maintain stability.

Investing in debt mutual funds through SIP (Systematic Investment Plan) can be a preferred option for the salaried investors. SIPs average out purchase costs during interest rate fluctuations, potentially improving overall returns through rupee-cost averaging.

Long-term investments in debt mutual funds not only lower overall portfolio volatility but also provide steady, balanced returns. For optimal fund selection, investors can also consider debt funds rated four or five stars in bl.portfolio Star Track Mutual Fund Ratings.

Published on April 5, 2025

Source link

Mutual Funds returns

by Hansraj Agrawal | Apr 5, 2025 | Share Market

EQUITY – FOCUSED FUNDS

360 ONE Focused Equity Fund

42.9

6352

1.8

0.6

1.7

12.6

26.9

14.5

0.70

EQUITY – TAX SAVING (ELSS) FUNDS

Bank of India ELSS Tax Saver

144.1

1182

2.0

0.8

-6.8

13.2

27.0

13.9

0.65

HYBRID – AGGRESSIVE HYBRID FUNDS

BOI AXA Mid & Small Cap Eq&Debt

34.0

974

2.1

0.8

13.0

27.4

–

0.69

EQUITY – LARGE CAP FUNDS

Canara Robeco Bluechip Equity Fund

57.7

13848

1.7

0.5

5.7

11.3

23.1

12.3

0.71

EQUITY – THEMATIC – CONSUMPTION FUNDS

Canara Robeco Consumer Trends Fund

99.9

1583

2.1

0.9

4.8

14.8

25.4

14.5

0.69

HYBRID – BALANCED ADVANTAGE FUNDS

Edelweiss Balanced Advantage Fund

47.5

11697

1.7

0.5

3.5

9.4

17.1

9.6

0.81

HYBRID – EQUITY SAVINGS FUNDS

Edelweiss Equity Savings Fund

24.1

569

1.6

0.6

8.6

9.3

12.1

8.5

1.00

EQUITY – LARGE & MID CAP FUNDS

HDFC Large and Mid Cap Fund

301.9

21527

1.7

1.0

2.4

16.5

31.3

12.7

0.86

HYBRID – BALANCED ADVANTAGE FUNDS

ICICI Prudential Balanced Advantage Fund

68.8

58717

1.5

0.9

6.3

11.2

18.6

10.4

0.96

EQUITY – LARGE CAP FUNDS

ICICI Prudential Bluechip Fund

100.5

60177

1.5

0.9

4.3

14.1

27.3

12.9

0.85

EQUITY – FOCUSED FUNDS

ICICI Prudential Focused Equity Fund

81.7

9533

1.8

0.7

8.7

17.7

30.0

13.2

0.97

EQUITY – SECTOR – IT FUNDS

ICICI Prudential Technology Fund

176.0

12511

1.8

1.1

1.2

2.5

32.2

15.7

0.79

EQUITY – VALUE FUNDS

ICICI Prudential Value Discovery Fund

426.1

46114

1.6

1.1

7.0

17.8

32.9

13.9

1.20

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Invesco India Infrastructure Fund

55.5

1255

2.2

0.8

-1.4

21.1

33.2

14.1

0.73

EQUITY – FLEXI CAP FUNDS

JM Flexicap Fund

89.1

4899

1.7

0.6

1.7

19.1

29.3

14.9

0.73

EQUITY – LARGE CAP FUNDS

JM Large Cap Fund

139.9

458

2.3

0.7

-4.0

11.5

19.0

9.4

0.60

EQUITY – VALUE FUNDS

JM Value Fund

86.8

937

2.1

1.1

-1.4

18.5

30.7

14.8

0.73

HYBRID – CONSERVATIVE HYBRID FUNDS

Kotak Debt Hybrid Fund

56.8

2975

1.7

0.5

8.1

9.6

13.1

9.3

1.05

EQUITY – MID CAP FUNDS

Motilal Oswal Midcap Fund

88.9

23704

1.6

0.7

9.7

25.3

37.3

16.2

0.75

EQUITY – SMALL CAP FUNDS

Nippon India Small Cap Fund

147.9

50826

1.5

0.7

0.9

19.1

41.0

19.7

0.86

EQUITY – FLEXI CAP FUNDS

Parag Parikh Flexi Cap Fund

76.9

88005

1.3

0.6

9.6

14.8

30.3

16.7

1.04

EQUITY – MID CAP FUNDS

PGIM India Midcap Opportunities Fund

57.0

9600

1.7

0.5

3.8

9.7

32.4

13.6

0.82

HYBRID – AGGRESSIVE HYBRID FUNDS

Quant Absolute Fund

382.3

1893

2.1

0.7

-6.1

9.7

28.7

14.1

0.92

EQUITY – TAX SAVING (ELSS) FUNDS

Quant ELSS Tax Saver Fund

323.7

9486

1.7

0.5

-12.0

11.3

36.8

18.7

0.89

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Quant Infrastructure Fund

33.9

2914

2.0

0.8

-14.5

15.4

42.9

16.7

0.89

EQUITY – LARGE & MID CAP FUNDS

Quant Large & Mid Cap Fund

105.9

3242

1.9

0.7

-7.9

14.1

29.0

15.7

0.78

EQUITY – MID CAP FUNDS

Quant Mid Cap Fund

199.5

7616

1.8

0.6

-9.0

15.5

36.2

15.9

0.92

EQUITY – SMALL CAP FUNDS

Quant Small Cap Fund

225.6

22832

1.6

0.7

-6.6

17.8

49.4

18.3

1.01

HYBRID – CONSERVATIVE HYBRID FUNDS

SBI Conservative Hybrid Fund

69.8

9666

1.5

1.1

7.8

9.3

12.7

8.8

1.03

EQUITY – TAX SAVING (ELSS) FUNDS

SBI Long Term Equity Fund

396.8

25724

1.6

1.1

4.6

21.1

31.5

13.1

0.95

HYBRID – EQUITY SAVINGS FUNDS

Sundaram Equity Savings Fund

67.2

1033

2.2

0.8

7.2

9.7

15.4

9.0

0.97

EQUITY – SECTOR – BANKING FUNDS

Sundaram Financial Services Opportunities Fund

95.5

1325

2.2

0.9

5.1

16.0

27.1

12.6

0.56

EQUITY – DIVIDEND YIELD FUNDS

Templeton India Equity Income Fund

129.8

2201

2.1

1.3

2.0

15.5

31.7

14.5

1.09

HYBRID – BALANCED ADVANTAGE FUNDS

Aditya Birla SL Bal Advantage

98.4

6988

1.8

0.8

7.3

10.1

17.4

10.2

0.82

EQUITY – SMALL CAP FUNDS

AXIS Small Cap Fund

93.2

20954

1.6

0.6

4.4

14.3

31.9

16.9

0.74

EQUITY – LARGE & MID CAP FUNDS

Bandhan Core Equity Fund

119.3

7234

1.8

0.6

7.0

19.4

31.4

13.8

0.80

EQUITY – TAX SAVING (ELSS) FUNDS

Bandhan ELSS Tax Saver Fund

137.6

6232

1.8

0.7

-1.5

11.1

31.0

12.9

0.80

EQUITY – VALUE FUNDS

Bandhan Sterling Value Fund

134.4

8996

1.8

0.7

-0.2

14.2

36.2

13.7

0.82

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

BOI AXA Manufacturing & Infra

48.7

463

2.3

0.7

-0.5

18.8

32.6

14.5

0.79

HYBRID – AGGRESSIVE HYBRID FUNDS

Baroda BNP Paribas Aggressive Hybrid Fund

25.7

1091

2.1

0.6

2.3

11.1

19.8

–

0.68

EQUITY – LARGE CAP FUNDS

Baroda BNP Paribas Large Cap Fund

201.7

2263

2.0

0.8

1.0

12.2

23.0

11.1

0.69

EQUITY – TAX SAVING (ELSS) FUNDS

Canara Robeco ELSS Tax Saver

157.2

7717

1.7

0.6

2.7

10.6

24.9

12.6

0.72

EQUITY – TAX SAVING (ELSS) FUNDS

DSP ELSS Tax Saver Fund

128.0

14981

1.7

0.7

11.2

15.8

29.6

14.7

0.83

EQUITY – LARGE CAP FUNDS

Edelweiss Large Cap Fund

77.0

1059

2.2

0.6

2.4

11.6

23.7

11.3

0.70

EQUITY – MID CAP FUNDS

Edelweiss Mid Cap Fund

87.3

7729

1.7

0.4

10.1

20.1

34.8

16.0

0.83

EQUITY – FLEXI CAP FUNDS

Franklin India Flexi Cap Fund

1489.5

16139

1.7

0.9

5.2

15.0

30.4

12.8

0.82

EQUITY – FLEXI CAP FUNDS

HDFC Flexi Cap Fund

1817.5

64124

1.4

0.8

11.7

20.1

33.0

14.4

0.97

EQUITY – FOCUSED FUNDS

HDFC Focused 30 Fund

210.7

15516

1.7

0.7

12.3

20.7

32.7

13.7

1.03

HYBRID – CONSERVATIVE HYBRID FUNDS

HDFC Hybrid Debt Fund

80.1

3310

1.7

1.2

7.6

9.9

12.9

8.8

1.04

EQUITY – MID CAP FUNDS

HDFC Mid-Cap Opportunities Fund

168.0

67579

1.4

0.8

3.9

22.0

35.0

16.2

0.88

HYBRID – BALANCED ADVANTAGE FUNDS

HSBC Balanced Advantage Fund

41.1

1432

2.1

0.8

5.3

9.7

13.6

7.3

0.71

HYBRID – EQUITY SAVINGS FUNDS

HSBC Equity Savings Fund

31.1

619

1.5

0.6

6.9

10.0

15.5

8.0

0.65

EQUITY – DIVIDEND YIELD FUNDS

ICICI Prudential Dividend Yield Equity Fund

48.1

4575

1.9

0.7

5.5

19.5

34.2

14.6

1.11

HYBRID – AGGRESSIVE HYBRID FUNDS

ICICI Prudential Equity & Debt Fund

363.5

38507

1.6

1.0

7.2

16.3

28.7

14.7

1.08

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

ICICI Prudential Infrastructure Fund

173.5

6886

1.9

1.2

2.4

26.1

40.7

15.1

1.02

EQUITY – LARGE & MID CAP FUNDS

ICICI Prudential Large & Mid Cap Fund

905.6

17818

1.7

0.9

7.5

18.0

32.5

14.1

0.93

HYBRID – CONSERVATIVE HYBRID FUNDS

ICICI Prudential Regular Savings Fund

72.7

3127

1.7

1.0

8.3

8.9

11.1

9.0

1.14

EQUITY – SECTOR – BANKING FUNDS

Invesco India Financial Services Fund

122.5

1094

2.2

0.9

9.7

15.9

26.0

13.2

0.51

HYBRID – AGGRESSIVE HYBRID FUNDS

JM Aggressive Hybrid Fund

111.0

729

2.2

0.7

2.3

17.4

28.7

11.1

0.89

EQUITY – TAX SAVING (ELSS) FUNDS

JM ELSS Tax Saver Fund

43.4

167

2.2

1.3

3.9

14.5

28.0

13.8

0.67

EQUITY – LARGE CAP FUNDS

Kotak Bluechip Fund

516.6

8718

1.7

0.6

4.2

10.8

24.5

11.4

0.71

EQUITY – MID CAP FUNDS

Kotak Emerging Equity Fund

114.0

43941

1.5

0.5

7.5

16.1

32.1

15.8

0.75

HYBRID – AGGRESSIVE HYBRID FUNDS

Kotak Equity Hybrid Fund

55.9

6324

1.8

0.5

5.9

11.2

23.6

11.5

0.77

EQUITY – LARGE & MID CAP FUNDS

Kotak Equity Opportunities Fund

301.5

22853

1.6

0.6

2.8

14.6

27.3

13.7

0.74

HYBRID – EQUITY SAVINGS FUNDS

Kotak Equity Savings Fund

24.8

7897

1.8

0.7

5.1

9.8

13.8

8.8

0.95

EQUITY – SMALL CAP FUNDS

Kotak Small Cap Fund

230.0

14407

1.7

0.6

2.1

11.5

35.2

16.0

0.76

EQUITY – TAX SAVING (ELSS) FUNDS

Mirae Asset ELSS Tax Saver Fund

43.2

22411

1.6

0.6

3.3

11.1

27.2

–

0.76

EQUITY – THEMATIC – CONSUMPTION FUNDS

Mirae Asset Great Consumer Fund

83.4

3643

1.9

0.5

4.2

15.1

25.8

13.9

0.67

EQUITY – LARGE & MID CAP FUNDS

Mirae Asset Large & Midcap Fund

132.1

33678

1.6

0.6

0.2

10.6

26.9

16.0

0.71

EQUITY – TAX SAVING (ELSS) FUNDS

Motilal Oswal ELSS Tax Saver Fund

43.9

3405

1.9

0.7

3.8

19.2

28.2

15.0

0.55

EQUITY – MID CAP FUNDS

Nippon India Growth Fund

3614.6

30276

1.6

0.8

7.4

20.7

35.1

16.1

0.81

EQUITY – LARGE CAP FUNDS

Nippon India Large Cap Fund

81.3

34212

1.6

0.7

2.4

15.7

28.8

12.7

0.79

EQUITY – VALUE FUNDS

Nippon India Value Fund

202.8

7615

1.9

1.1

3.9

17.1

32.0

14.3

0.83

EQUITY – FLEXI CAP FUNDS

PGIM India Flexi Cap Fund

32.6

5595

1.8

0.5

2.6

7.3

26.6

12.5

0.72

EQUITY – FOCUSED FUNDS

Quant Focused Fund

77.6

966

2.2

0.7

-9.7

11.2

27.2

13.6

0.74

EQUITY – SECTOR – BANKING FUNDS

SBI Banking & Financial Services Fund

38.4

6475

1.8

0.9

13.6

15.2

26.1

14.6

0.51

EQUITY – THEMATIC – CONSUMPTION FUNDS

SBI Consumption Opportunities Fund

292.6

2707

2.0

1.0

6.5

15.6

28.7

15.0

0.73

EQUITY – SECTOR – IT FUNDS

Tata Digital India Fund

41.8

11068

1.7

0.4

-3.2

2.7

29.4

–

0.70

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Tata Infrastructure Fund

153.8

1864

2.1

1.2

-10.3

18.3

31.9

13.0

0.70

EQUITY – FLEXI CAP FUNDS

Union Flexi Cap Fund

45.8

1995

2.1

1.0

0.1

10.9

25.5

10.7

0.70

EQUITY – SECTOR – BANKING FUNDS

Aditya Birla SL Bank & Fin Serv

55.4

3011

2.0

1.1

7.1

12.8

26.4

12.5

0.48

EQUITY – SECTOR – IT FUNDS

Aditya Birla Sun Life Digital India Fund

149.0

4576

1.9

0.9

-5.1

2.2

28.9

15.5

0.70

EQUITY – DIVIDEND YIELD FUNDS

Aditya Birla Sun Life Dividend Yield Fund

402.6

1339

2.2

1.5

-1.4

15.8

28.2

11.0

0.82

EQUITY – FLEXI CAP FUNDS

Aditya Birla Sun Life Flexi Cap Fund

1606.2

20080

1.7

1.0

6.0

11.4

25.7

12.6

0.66

EQUITY – FOCUSED FUNDS

Aditya Birla Sun Life Focused Fund

127.8

6941

1.9

0.9

4.3

11.2

24.1

11.3

0.69

EQUITY – LARGE CAP FUNDS

Aditya Birla Sun Life Frontline Equity Fund

477.6

26286

1.7

1.0

4.4

11.3

24.9

11.2

0.72

EQUITY – THEMATIC – CONSUMPTION FUNDS

Aditya Birla Sun Life India GenNext Fund

196.6

5267

1.9

0.9

6.3

13.1

24.6

13.7

0.65

HYBRID – CONSERVATIVE HYBRID FUNDS

Aditya Birla Sun Life Regular Savings Fund

64.3

1377

1.9

1.0

8.9

7.5

12.6

8.2

0.87

HYBRID – CONSERVATIVE HYBRID FUNDS

Axis Conservative Hybrid Fund

29.2

272

2.2

1.0

7.5

5.9

9.5

6.7

0.68

HYBRID – EQUITY SAVINGS FUNDS

Axis Equity Savings Fund

21.2

930

2.3

1.0

5.8

7.9

12.8

–

0.66

EQUITY – MID CAP FUNDS

Axis Midcap Fund

98.2

26088

1.6

0.6

5.6

13.0

25.3

14.5

0.66

HYBRID – BALANCED ADVANTAGE FUNDS

Bandhan Balanced Advantage Fund

22.8

2141

2.1

0.8

6.1

8.0

14.9

7.8

0.58

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Bandhan Infrastructure Fund

45.0

1400

2.1

0.9

0.3

24.0

38.5

14.1

0.77

EQUITY – LARGE CAP FUNDS

Bandhan Large Cap Fund

69.2

1634

2.1

0.9

3.2

10.7

23.4

10.6

0.65

HYBRID – CONSERVATIVE HYBRID FUNDS

Baroda BNP Paribas Conser Hybrid

43.2

739

2.0

0.6

5.8

7.0

8.5

6.9

0.64

EQUITY – TAX SAVING (ELSS) FUNDS

Baroda BNP Paribas ELSS Tax Saver Fund

86.0

814

2.2

1.0

4.5

12.6

23.0

10.8

0.60

EQUITY – MID CAP FUNDS

Baroda BNP Paribas Mid Cap Fund

89.9

1858

2.0

0.6

3.3

15.1

29.3

14.0

0.75

HYBRID – CONSERVATIVE HYBRID FUNDS

Canara Robeco Conservative Hybrid Fund

93.6

936

1.9

0.7

7.8

7.2

10.2

7.6

0.81

EQUITY – LARGE & MID CAP FUNDS

Canara Robeco Emerging Equities

229.4

21405

1.6

0.6

6.4

12.4

26.4

14.5

0.69

HYBRID – AGGRESSIVE HYBRID FUNDS

Canara Robeco Equity Hybrid Fund

329.8

10372

1.7

0.6

5.0

10.0

19.1

11.2

0.70

EQUITY – FLEXI CAP FUNDS

Canara Robeco Flexi Cap Fund

302.3

11391

1.7

0.6

2.8

9.9

23.2

11.8

0.66

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Canara Robeco Infrastructure Fund

139.3

726

2.4

1.1

6.2

22.9

34.9

13.6

0.82

HYBRID – AGGRESSIVE HYBRID FUNDS

DSP Aggressive Hybrid Fund

335.4

9795

1.8

0.7

13.2

13.0

21.1

12.0

0.68

HYBRID – BALANCED ADVANTAGE FUNDS

DSP Dynamic Asset Allocation Fund

26.3

3106

1.9

0.7

10.6

9.9

14.0

8.5

0.70

EQUITY – LARGE & MID CAP FUNDS

DSP Equity Opportunities Fund

563.7

12598

1.7

0.7

9.8

17.1

28.6

14.1

0.77

EQUITY – FLEXI CAP FUNDS

DSP Flexi Cap Fund

92.9

10320

1.8

0.7

7.3

12.8

24.5

12.5

0.61

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

DSP India T.I.G.E.R. Fund

277.3

4465

1.9

0.8

23.8

36.8

14.3

0.80

EQUITY – SMALL CAP FUNDS

DSP Small Cap Fund

166.7

13277

1.7

0.8

1.4

13.7

34.1

15.2

0.74

EQUITY – FLEXI CAP FUNDS

Edelweiss Flexi Cap Fund

34.1

2209

2.0

0.5

3.8

13.4

26.2

12.8

0.69

EQUITY – LARGE & MID CAP FUNDS

Edelweiss Large & Mid Cap Fund

76.8

3334

1.9

0.5

3.2

13.1

26.3

12.6

0.70

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Franklin Build India Fund

125.9

2406

2.0

1.0

1.8

24.9

36.5

15.5

0.86

EQUITY – TAX SAVING (ELSS) FUNDS

Franklin India ELSS Tax Saver Fund

1344.5

5986

1.9

1.1

4.9

15.3

29.4

12.0

0.75

HYBRID – AGGRESSIVE HYBRID FUNDS

Franklin India Equity Hybrid Fund

251.8

1945

2.1

1.0

5.7

12.5

21.7

10.7

0.79

EQUITY – FOCUSED FUNDS

Franklin India Focused Equity Fund

97.0

10907

1.8

1.0

1.6

13.2

28.1

12.4

0.74

EQUITY – TAX SAVING (ELSS) FUNDS

HDFC ELSS Tax saver

1285.2

14671

1.7

1.1

9.2

19.1

30.4

12.3

0.98

HYBRID – EQUITY SAVINGS FUNDS

HDFC Equity Savings Fund

63.0

5460

1.9

0.9

4.7

8.8

14.2

9.3

0.92

HYBRID – AGGRESSIVE HYBRID FUNDS

HDFC Hybrid Equity Fund

109.9

22131

1.7

1.1

4.7

10.4

21.9

9.7

0.80

EQUITY – LARGE CAP FUNDS

HDFC Large Cap Fund

1050.0

33913

1.6

1.0

1.3

13.4

26.2

11.7

0.78

HYBRID – CONSERVATIVE HYBRID FUNDS

HSBC Conservative Hybrid Fund

58.7

146

2.2

1.4

8.8

8.1

10.2

7.3

0.62

EQUITY – FLEXI CAP FUNDS

HSBC Flexi Cap Fund

192.5

4183

2.0

1.2

3.0

12.7

26.4

11.3

0.63

EQUITY – LARGE CAP FUNDS

HSBC Large Cap Fund

433.1

1686

2.2

1.2

1.1

10.5

22.6

11.0

0.61

EQUITY – SMALL CAP FUNDS

HSBC Small Cap Fund

70.9

13334

1.7

0.7

-2.3

15.3

36.6

17.0

0.72

EQUITY – VALUE FUNDS

HSBC Value Fund

97.0

11580

1.8

0.8

2.6

17.9

32.7

14.9

0.78

EQUITY – SECTOR – BANKING FUNDS

ICICI Prudential Banking & Financial Services Fund

122.1

8843

1.8

1.1

12.0

12.5

26.4

12.6

0.50

EQUITY – TAX SAVING (ELSS) FUNDS

ICICI Pru Long Term Equity

849.0

12744

1.7

1.1

5.7

11.7

26.3

12.0

0.75

EQUITY – MID CAP FUNDS

ICICI Prudential Midcap Fund

248.4

5394

1.9

1.2

0.7

15.5

32.1

13.4

0.77

HYBRID – BALANCED ADVANTAGE FUNDS

Invesco India Balanced Advantage Fund

50.2

919

2.2

0.8

4.4

10.3

15.9

8.4

0.62

EQUITY – TAX SAVING (ELSS) FUNDS

Invesco India ELSS Tax Saver Fund

111.6

2483

2.0

0.8

2.9

10.9

23.6

11.9

0.58

EQUITY – LARGE & MID CAP FUNDS

Invesco India Large & Mid Cap Fund

86.0

5930

1.8

0.7

10.9

18.1

27.3

13.6

0.66

EQUITY – LARGE CAP FUNDS

Invesco India Largecap Fund

61.5

1229

2.1

0.8

2.7

11.0

23.9

11.0

0.64

EQUITY – MID CAP FUNDS

Invesco India Midcap Fund

149.8

5247

1.8

0.7

12.8

20.0

31.6

15.5

0.72

EQUITY – FOCUSED FUNDS

JM Focused Fund

18.1

217

2.3

0.8

-0.1

15.1

23.9

11.8

0.52

EQUITY – TAX SAVING (ELSS) FUNDS

Kotak ELSS Tax Saver Fund

103.8

5412

1.8

0.7

0.3

12.0

26.0

12.6

0.68

EQUITY – FLEXI CAP FUNDS

Kotak Flexicap Fund

75.2

45433

1.5

0.6

3.4

12.2

24.1

12.5

0.65

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Kotak Infra & Economic Reform

56.3

1891

2.0

0.7

-3.5

19.7

33.6

13.6

0.73

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

LIC MF Infrastructure Fund

42.1

874

2.3

0.7

7.5

22.0

34.3

13.0

0.72

EQUITY – LARGE & MID CAP FUNDS

LIC MF Large & Midcap Fund

34.9

2859

2.0

0.6

8.2

12.2

24.8

13.4

0.63

EQUITY – SMALL CAP FUNDS

LIC MF Small Cap Fund

27.6

494

2.4

1.0

5.8

15.6

34.2

–

0.69

EQUITY – TAX SAVING (ELSS) FUNDS

Mahindra Manulife ELSS Tax Saver Fund

25.7

839

2.2

0.7

1.2

10.3

25.4

–

0.71

HYBRID – EQUITY SAVINGS FUNDS

Mahi Manu Eq Sav Dhan San Yojana

19.5

544

2.4

0.8

3.6

7.3

14.6

–

0.74

HYBRID – AGGRESSIVE HYBRID FUNDS

Mirae Asset Aggressive Hybrid Fund

29.4

8170

1.7

0.4

4.9

9.7

19.9

–

0.72

EQUITY – LARGE CAP FUNDS

Mirae Asset Large Cap Fund

101.9

35533

1.5

0.6

4.7

8.6

22.7

12.0

0.65

EQUITY – SECTOR – BANKING FUNDS

Nippon India Banking & Financial Services Fund

571.6

6129

1.9

1.0

9.8

15.3

30.5

12.3

0.55

EQUITY – FOCUSED FUNDS

Nippon India Focused Equity Fund

108.3

7480

1.9

1.2

4.8

10.8

28.6

12.4

0.74

EQUITY – TAX SAVING (ELSS) FUNDS

PGIM India ELSS Tax Saver Fund

31.8

698

2.3

0.8

4.5

8.9

25.5

–

0.74

EQUITY – LARGE CAP FUNDS

SBI Blue Chip Fund

84.1

46140

1.5

0.9

4.3

10.7

24.5

11.3

0.73

HYBRID – AGGRESSIVE HYBRID FUNDS

SBI Equity Hybrid Fund

277.1

68440

1.4

0.8

9.1

10.1

19.4

11.2

0.71

HYBRID – EQUITY SAVINGS FUNDS

SBI Equity Savings Fund

22.7

5512

1.4

0.9

5.7

8.9

14.5

–

0.79

EQUITY – FOCUSED FUNDS

SBI Focused Equity Fund

319.3

32929

1.6

0.9

7.9

10.3

22.5

13.2

0.64

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

SBI Infrastructure Fund

45.5

4325

1.9

0.8

-2.0

21.1

33.7

14.3

0.85

EQUITY – LARGE & MID CAP FUNDS

SBI Large & Midcap Fund

556.2

27385

1.6

0.8

5.9

14.2

28.7

13.5

0.78

EQUITY – MID CAP FUNDS

SBI Magnum Midcap Fund

216.6

19392

1.7

0.9

4.1

16.1

33.6

14.0

0.86

EQUITY – SMALL CAP FUNDS

SBI Small Cap Fund

155.0

28453

1.6

0.8

0.4

13.9

30.9

18.1

0.78

HYBRID – AGGRESSIVE HYBRID FUNDS

Sundaram Aggressive Hybrid Fund

150.1

5236

1.9

0.8

4.6

9.9

20.2

11.5

0.73

HYBRID – BALANCED ADVANTAGE FUNDS

Sundaram Balanced Advantage Fund

33.1

1435

2.1

0.7

4.5

9.0

12.3

7.1

0.57

EQUITY – FOCUSED FUNDS

Sundaram Focused Fund

146.5

1007

2.3

1.4

0.6

9.2

23.0

12.0

0.63

EQUITY – SECTOR – BANKING FUNDS

Tata Banking and Financial Services Fund

39.3

2285

2.0

0.6

12.1

15.2

24.2

–

0.50

EQUITY – VALUE FUNDS

Tata Equity P/E Fund

318.3

7468

1.8

0.8

2.6

16.4

27.6

13.3

0.78

HYBRID – EQUITY SAVINGS FUNDS

Tata Equity Savings Fund

53.2

250

1.1

0.5

7.7

8.3

11.9

7.0

0.89

EQUITY – THEMATIC – CONSUMPTION FUNDS

Tata India Consumer Fund

40.3

2114

2.1

0.8

7.1

15.7

23.8

–

0.62

EQUITY – LARGE & MID CAP FUNDS

Tata Large & Mid Cap Fund

481.1

7420

1.8

0.7

1.4

13.7

25.8

12.1

0.74

EQUITY – LARGE CAP FUNDS

Tata Large Cap Fund

461.3

2267

2.1

1.1

1.9

10.8

24.6

10.7

0.68

EQUITY – MID CAP FUNDS

Tata Mid Cap Growth Fund

382.2

3955

1.9

0.7

1.4

16.1

29.7

13.8

0.73

EQUITY – MID CAP FUNDS

Taurus Mid Cap Fund

106.7

106

2.5

2.0

-6.9

12.8

25.7

13.1

0.61

EQUITY – VALUE FUNDS

Templeton India Value Fund

649.5

1979

2.1

0.9

-0.2

16.4

33.3

13.3

0.92

EQUITY – TAX SAVING (ELSS) FUNDS

Union ELSS Tax Saver Fund

57.7

800

2.4

1.5

0.1

11.1

25.8

10.5

0.72

EQUITY – SMALL CAP FUNDS

Union Small Cap Fund

41.3

1313

2.2

1.1

-1.6

12.0

31.6

12.7

0.67

HYBRID – AGGRESSIVE HYBRID FUNDS

UTI Aggressive Hybrid Fund

375.5

5910

1.9

1.2

8.1

14.0

24.8

11.3

0.93

HYBRID – CONSERVATIVE HYBRID FUNDS

UTI Conservative Hybrid Fund

67.0

1648

1.8

1.2

9.5

8.7

12.5

8.0

1.04

EQUITY – TAX SAVING (ELSS) FUNDS

UTI ELSS Tax Saver Fund

186.9

3593

1.9

0.9

4.0

9.0

23.6

10.8

0.60

EQUITY – LARGE & MID CAP FUNDS

UTI Large & Mid Cap Fund

160.9

4101

1.9

1.0

8.1

17.6

31.5

12.2

0.87

EQUITY – LARGE CAP FUNDS

UTI Large Cap Fund

250.9

12180

1.8

1.0

3.3

8.0

22.7

10.3

0.63

EQUITY – MID CAP FUNDS

UTI Mid Cap Fund

260.1

10649

1.8

0.9

0.5

12.3

28.7

12.5

0.68

EQUITY – VALUE FUNDS

UTI Value Fund

151.5

9455

1.8

1.1

9.5

14.4

27.6

11.8

0.79

HYBRID – AGGRESSIVE HYBRID FUNDS

Aditya Birla Sun Life Equity Hybrid ’95 Fund

1389.6

6874

1.9

1.1

4.3

7.8

20.3

9.4

0.65

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Aditya Birla Sun Life Infrastructure Fund

83.8

951

2.4

1.5

-2.7

19.4

33.9

12.0

0.71

EQUITY – LARGE CAP FUNDS

Axis Bluechip Fund

56.1

30517

1.6

0.7

1.8

6.9

18.0

11.0

0.48

HYBRID – AGGRESSIVE HYBRID FUNDS

Bandhan Aggressive Hybrid Fund

23.4

752

2.3

1.0

7.3

10.6

21.8

–

0.71

EQUITY – FLEXI CAP FUNDS

Bandhan Flexi Cap Fund

186.5

6595

1.9

1.2

3.1

10.6

22.5

9.6

0.58

HYBRID – BALANCED ADVANTAGE FUNDS

Bank of India Balanced Advantage Fund

23.1

125

2.3

1.2

-2.5

7.6

12.7

6.5

0.49

EQUITY – LARGE & MID CAP FUNDS

BOI Large & Mid Cap Equity Fund

78.0

328

2.3

1.1

-2.5

12.5

24.5

10.5

0.63

EQUITY – SECTOR – BANKING FUNDS

Baroda BNP Paribas Bank&Fin Serv

44.1

211

2.4

0.9

11.8

14.3

23.6

10.4

0.44

HYBRID – EQUITY SAVINGS FUNDS

DSP Equity Savings Fund

21.2

2476

1.3

0.4

10.0

9.2

14.1

–

0.83

EQUITY – FOCUSED FUNDS

DSP Focus Fund

49.8

2259

2.1

1.0

10.8

14.7

24.4

10.7

0.64

EQUITY – MID CAP FUNDS

DSP Midcap Fund

125.3

15880

1.7

0.8

4.5

12.7

24.1

13.1

0.58

HYBRID – CONSERVATIVE HYBRID FUNDS

DSP Regular Savings Fund

57.1

162

1.1

0.5

10.0

8.7

10.8

7.0

0.84

EQUITY – TAX SAVING (ELSS) FUNDS

Edelweiss Long Term Equity

98.8

352

2.4

0.8

2.6

11.0

23.9

10.4

0.62

EQUITY – LARGE CAP FUNDS

Franklin India Bluechip Fund

929.9

6937

1.9

1.2

4.7

9.8

23.7

10.0

0.67

HYBRID – CONSERVATIVE HYBRID FUNDS

Franklin India Debt Hybrid Fund

87.4

198

1.4

0.7

7.8

8.5

10.0

7.2

0.78

EQUITY – MID CAP FUNDS

Franklin India Prima Fund

2449.4

10594

1.8

1.0

9.4

18.9

29.8

13.8

0.69

EQUITY – SMALL CAP FUNDS

Franklin India Smaller Companies Fund

149.9

11257

1.8

1.0

-2.4

17.9

35.6

14.4

0.73

EQUITY – SMALL CAP FUNDS

HDFC Small Cap Fund

118.6

28120

1.6

0.8

-3.2

17.3

36.0

16.5

0.78

EQUITY – VALUE FUNDS

HDFC Value Fund

656.8

6400

1.9

1.1

4.8

13.9

28.5

12.5

0.79

HYBRID – AGGRESSIVE HYBRID FUNDS

HSBC Aggressive Hybrid Fund

48.4

4744

1.9

0.9

0.3

8.9

18.8

9.6

0.51

EQUITY – TAX SAVING (ELSS) FUNDS

HSBC ELSS Tax saver Fund

119.2

3604

1.9

1.1

6.4

13.9

26.0

12.1

0.62

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

HSBC Infrastructure Fund

41.8

1999

2.1

1.1

1.2

20.1

32.8

14.1

0.70

EQUITY – MID CAP FUNDS

HSBC Midcap Fund

326.7

9541

1.8

0.7

1.1

16.8

28.0

14.1

0.60

HYBRID – EQUITY SAVINGS FUNDS

ICICI Prudential Equity Savings Fund

21.8

12610

1.0

0.5

7.1

7.9

11.9

7.8

0.82

EQUITY – THEMATIC – CONSUMPTION FUNDS

ICICI Prudential FMCG Fund

455.4

1720

2.2

1.3

1.7

10.9

17.5

11.2

0.58

EQUITY – SECTOR – BANKING FUNDS

LIC MF Banking & Financial Services Fund

18.8

254

2.4

1.1

1.3

10.3

21.3

6.5

0.40

EQUITY – TAX SAVING (ELSS) FUNDS

LIC MF ELSS Tax Saver

142.7

1088

2.2

1.0

10.1

12.1

23.1

10.9

0.59

EQUITY – FLEXI CAP FUNDS

LIC MF Flexi Cap Fund

86.4

920

2.3

1.3

-1.6

9.0

18.8

7.7

0.46

EQUITY – LARGE CAP FUNDS

LIC MF Large Cap Fund

50.9

1379

2.2

1.0

2.9

7.0

19.2

9.2

0.50

HYBRID – BALANCED ADVANTAGE FUNDS

Motilal Oswal Balanced Advantage Fund

17.4

891

2.3

1.0

-12.4

4.3

10.1

–

0.23

EQUITY – FOCUSED FUNDS

Motilal Oswal Focused Fund

37.1

1307

2.2

1.1

-12.5

4.7

16.2

8.5

0.35

EQUITY – LARGE & MID CAP FUNDS

Navi Large & Midcap Fund

31.9

276

2.3

0.4

4.6

8.9

24.5

–

0.60

EQUITY – LARGE & MID CAP FUNDS

Nippon India Vision Fund

1309.7

4969

2.0

1.4

6.8

16.0

29.4

11.1

0.76

EQUITY – TAX SAVING (ELSS) FUNDS

Quantum ELSS Tax Saver Fund

114.8

200

2.0

0.9

6.7

14.3

26.9

11.6

0.85

EQUITY – VALUE FUNDS

Quantum Long Term Equity Value Fund

115.7

1080

2.0

1.1

7.0

14.3

27.0

11.6

0.85

EQUITY – FLEXI CAP FUNDS

SBI Flexicap Fund

99.4

20030

1.7

1.0

1.4

8.3

22.9

11.8

0.64

EQUITY – SECTOR – IT FUNDS

SBI Technology Opportunities Fund

187.0

4247

1.9

1.0

5.8

6.3

28.8

14.5

0.77

EQUITY – TAX SAVING (ELSS) FUNDS

Sundaram ELSS Tax Saver Fund

461.5

1212

2.3

1.7

2.8

11.3

26.1

12.5

0.75

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Sundaram Infrastructure Advantage Fund

83.1

804

2.4

1.8

-0.7

17.5

31.9

12.4

0.71

EQUITY – LARGE & MID CAP FUNDS

Sundaram Large and Mid Cap Fund

76.7

5861

1.9

0.9

3.1

11.3

25.4

12.8

0.61

EQUITY – MID CAP FUNDS

Sundaram Mid Cap Fund

1205.0

10451

1.8

0.9

6.7

19.3

30.4

13.6

0.69

EQUITY – TAX SAVING (ELSS) FUNDS

Tata ELSS Tax Saver Fund

40.0

4053

1.9

0.7

4.2

11.3

25.1

12.7

0.67

HYBRID – AGGRESSIVE HYBRID FUNDS

Tata Hybrid Equity Fund

406.7

3733

2.0

1.0

2.5

9.9

19.8

8.9

0.69

EQUITY – LARGE CAP FUNDS

Union Largecap Fund

21.5

401

2.5

1.4

-1.8

8.9

22.5

–

0.63

EQUITY – DIVIDEND YIELD FUNDS

UTI Dividend Yield Fund

159.8

3855

2.0

1.4

7.9

14.0

26.4

12.5

0.85

EQUITY – FLEXI CAP FUNDS

UTI Flexi Cap Fund

293.4

24532

1.7

1.1

7.0

5.2

21.5

10.9

0.51

EQUITY – THEMATIC – CONSUMPTION FUNDS

UTI India Consumer Fund

52.6

651

2.5

1.5

4.5

11.2

20.3

9.8

0.51

EQUITY – TAX SAVING (ELSS) FUNDS

Aditya Birla Sun Life ELSS Tax Saver Fund

53.2

13629

1.7

1.0

2.8

8.8

17.5

9.2

0.47

EQUITY – LARGE & MID CAP FUNDS

Aditya Birla Sun Life Equity Advantage Fund

800.3

5007

2.0

1.2

0.7

6.8

22.9

10.3

0.49

HYBRID – EQUITY SAVINGS FUNDS

Aditya Birla Sun Life Equity Savings Fund

21.1

653

1.1

0.6

6.6

11.7

7.3

0.53

EQUITY – MID CAP FUNDS

Aditya Birla Sun Life Midcap Fund

691.8

5056

1.9

1.1

4.3

13.8

29.8

12.4

0.69

EQUITY – VALUE FUNDS

Aditya Birla Sun Life Pure Value Fund

111.9

5300

1.9

1.1

-3.0

15.5

28.8

11.3

0.69

EQUITY – SMALL CAP FUNDS

Aditya Birla Sun Life Small Cap Fund

74.0

4054

2.0

1.0

-1.8

11.8

30.2

11.8

0.60

EQUITY – TAX SAVING (ELSS) FUNDS

Axis ELSS Tax Saver Fund

88.1

32174

1.6

0.8

2.2

7.7

19.4

10.8

0.43

EQUITY – FOCUSED FUNDS

Axis Focused Fund

50.3

11557

1.8

0.8

1.2

4.2

17.9

10.7

0.37

HYBRID – CONSERVATIVE HYBRID FUNDS

Bandhan Conservative Hybrid Fund

31.1

115

2.0

1.0

6.9

5.9

8.1

6.5

0.50

EQUITY – FOCUSED FUNDS

Bandhan Focused Equity Fund

77.6

1595

2.1

0.8

7.4

12.1

23.4

10.6

0.58

EQUITY – LARGE CAP FUNDS

DSP Top 100 Equity Fund

438.7

4519

1.9

1.1

11.0

15.3

24.6

10.4

0.70

EQUITY – LARGE & MID CAP FUNDS

Franklin India Equity Advantage Fund

168.0

3121

2.1

1.4

5.2

11.1

27.5

10.3

0.67

EQUITY – SECTOR – IT FUNDS

Franklin India Technology Fund

444.0

1786

2.1

1.0

-4.5

9.3

27.4

14.4

0.72

EQUITY – LARGE CAP FUNDS

Groww Largecap Fund

38.4

112

2.4

1.0

-2.8

9.4

20.3

9.8

0.52

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

HDFC Infrastructure Fund

42.8

2105

2.0

1.0

0.5

27.7

37.6

9.7

0.81

HYBRID – AGGRESSIVE HYBRID FUNDS

LIC MF Aggressive Hybrid Fund

177.7

497

2.5

1.4

3.2

8.9

15.9

7.3

0.50

EQUITY – MID CAP FUNDS

LIC MF Midcap Fund

25.5

302

2.5

1.3

5.5

15.2

28.0

–

0.63

EQUITY – FLEXI CAP FUNDS

Motilal Oswal Flexi Cap Fund

54.7

11172

1.7

0.9

10.2

17.7

24.5

12.2

0.56

EQUITY – TAX SAVING (ELSS) FUNDS

Nippon India ELSS Tax Saver Fund

115.6

13354

1.7

1.1

3.3

13.1

27.4

9.0

0.69

HYBRID – AGGRESSIVE HYBRID FUNDS

Nippon India Equity Hybrid Fund

95.8

3531

2.0

1.1

4.1

12.0

22.9

9.2

0.77

HYBRID – EQUITY SAVINGS FUNDS

Nippon India Equity Savings Fund

15.4

677

1.8

0.7

4.7

7.2

11.4

–

0.71

HYBRID – CONSERVATIVE HYBRID FUNDS

Nippon India Hybrid Bond Fund

55.8

835

1.9

1.1

7.2

7.6

8.9

5.2

1.13

EQUITY – LARGE CAP FUNDS

PGIM India Large Cap Fund

311.2

531

2.4

0.9

0.7

8.7

20.4

9.3

0.56

EQUITY – THEMATIC – CONSUMPTION FUNDS

Sundaram Consumption Fund

88.8

1398

2.2

1.3

8.0

15.8

23.8

13.4

0.61

EQUITY – DIVIDEND YIELD FUNDS

Sundaram Dividend Yield Fund

125.2

806

2.4

1.2

-0.8

13.0

25.2

13.4

0.80

EQUITY – SMALL CAP FUNDS

Sundaram Small Cap Fund

221.2

2763

2.0

1.0

-2.5

14.1

33.4

11.9

0.70

EQUITY – FLEXI CAP FUNDS

Taurus Flexi Cap Fund

206.9

321

2.6

2.5

-0.9

10.0

22.1

7.9

0.57

EQUITY – SECTOR – BANKING FUNDS

UTI Banking and Financial Services Fund

174.0

1211

2.2

1.2

10.9

13.6

26.2

10.0

0.48

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

UTI Infrastructure Fund

129.2

2097

2.2

1.8

0.3

18.7

29.7

11.2

0.68

HYBRID – BALANCED ADVANTAGE FUNDS

UTI-Unit Linked Insurance Plan

40.1

5352

1.7

1.0

9.6

6.8

12.7

7.5

0.65

EQUITY – THEMATIC – MNC FUNDS

Aditya Birla Sun Life MNC Fund

–

1174.0

3213

2.1

1.4

-0.9

7.4

13.9

7.2

0.37

HYBRID – AGGRESSIVE HYBRID FUNDS

Axis Aggressive Hybrid Fund

–

19.0

1441

2.2

1.1

6.9

6.5

17.0

–

0.53

HYBRID – BALANCED ADVANTAGE FUNDS

Axis Balanced Advantage Fund

–

19.9

2625

2.0

0.8

9.6

11.8

14.8

–

0.75

EQUITY – FLEXI CAP FUNDS

Axis Flexi Cap Fund

–

23.9

11116

1.7

0.7

4.7

8.1

19.5

–

0.48

EQUITY – LARGE & MID CAP FUNDS

Axis Growth Opportunities Fund

–

29.4

12596

1.7

0.6

4.7

12.5

26.5

–

0.67

HYBRID – EQUITY SAVINGS FUNDS

Bandhan Equity Savings Fund

–

30.4

263

1.1

0.2

6.5

6.8

11.1

6.5

0.90

HYBRID – CONSERVATIVE HYBRID FUNDS

Bank of India Conservative Hybrid Fund

–

32.9

2.1

1.1

2.3

6.3

12.3

7.3

1.06

EQUITY – SMALL CAP FUNDS

Bank of India Small Cap Fund

–

40.9

1390

2.0

0.5

3.7

15.2

36.3

–

0.77

HYBRID – BALANCED ADVANTAGE FUNDS

Baroda BNP Paribas Balanced Advantage Fund

–

22.2

3833

1.9

0.8

3.3

10.5

18.6

–

0.77

EQUITY – FOCUSED FUNDS

Baroda BNP Paribas Focused Fund

–

19.8

580

2.3

0.5

-2.6

9.9

21.5

–

0.53

EQUITY – THEMATIC – CONSUMPTION FUNDS

Baroda BNP Paribas India Consumption Fund

–

29.3

1290

2.1

0.7

7.6

14.6

23.5

–

0.63

EQUITY – MULTI CAP FUNDS

Baroda BNP Paribas Multi Cap Fund

–

257.8

2401

2.0

1.0

3.5

13.1

28.8

12.4

0.71

EQUITY – SMALL CAP FUNDS

Canara Robeco Small Cap Fund

–

33.7

10277

1.7

0.5

-1.6

11.0

36.1

–

0.80

EQUITY – SECTOR – PHARMA FUNDS

DSP Healthcare Fund

–

36.1

2951

1.9

0.6

10.5

17.7

27.4

–

0.90

HYBRID – AGGRESSIVE HYBRID FUNDS

Edelweiss Aggressive Hybrid Fund

–

58.6

2290

2.0

0.3

7.3

14.2

23.3

11.5

0.86

EQUITY – SMALL CAP FUNDS

Edelweiss Small Cap Fund

–

38.2

3719

1.9

0.4

1.4

15.6

35.9

–

0.81

HYBRID – EQUITY SAVINGS FUNDS

Franklin India Equity Savings Fund

–

15.9

644

1.1

0.4

6.4

7.3

12.4

–

0.71

HYBRID – AGGRESSIVE HYBRID FUNDS

Groww Aggressive Hybrid Fund

–

19.3

2.3

0.9

0.0

9.0

18.1

–

0.59

EQUITY – TAX SAVING (ELSS) FUNDS

Groww ELSS Tax Saver Fund

–

17.6

2.3

0.6

-4.8

9.4

19.9

–

0.52

EQUITY – VALUE FUNDS

Groww Value Fund

–

24.1

2.3

0.9

-0.8

11.8

23.5

–

0.68

HYBRID – BALANCED ADVANTAGE FUNDS

HDFC Balanced Advantage Fund

–

484.3

90375

1.4

0.8

5.7

18.2

27.4

13.7

1.01

EQUITY – LARGE & MID CAP FUNDS

HSBC Large & Mid Cap Fund

–

23.1

3472

2.0

0.9

2.0

12.8

25.8

–

0.55

EQUITY – TAX SAVING (ELSS) FUNDS

HSBC Tax Saver Equity Fund

–

82.6

210

2.5

1.6

7.5

12.8

25.6

11.8

0.62

EQUITY – MULTI CAP FUNDS

ICICI Prudential Multicap Fund

–

720.6

12901

1.8

1.0

4.6

16.9

29.7

13.7

0.81

EQUITY – SECTOR – PHARMA FUNDS

ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund

–

35.3

4611

1.9

1.1

14.9

21.1

29.0

–

1.02

EQUITY – SMALL CAP FUNDS

ICICI Prudential Smallcap Fund

–

76.0

6912

1.8

0.8

-2.3

13.7

34.4

13.7

0.80

HYBRID – AGGRESSIVE HYBRID FUNDS

Invesco India Aggressive Hybrid Fund

–

20.9

570

2.4

0.8

8.8

13.2

19.6

–

0.62

EQUITY – CONTRA FUNDS

Invesco India Contra Fund

–

121.0

15962

1.7

0.6

8.4

16.0

28.4

14.3

0.76

HYBRID – EQUITY SAVINGS FUNDS

Invesco India Equity Savings Fund

–

16.1

393

2.3

0.7

7.3

8.6

11.0

–

0.55

EQUITY – MULTI CAP FUNDS

Invesco India Multicap Fund

–

117.0

3364

1.9

0.7

5.2

14.8

27.5

12.3

0.65

EQUITY – SMALL CAP FUNDS

Invesco India Smallcap Fund

–

35.8

5312

1.8

0.4

6.9

19.1

34.8

–

0.74

HYBRID – BALANCED ADVANTAGE FUNDS

Kotak Balanced Advantage Fund

–

19.1

15813

1.7

0.6

6.2

9.4

16.6

–

0.77

EQUITY – CONTRA FUNDS

Kotak India EQ Contra Fund

–

134.1

3603

1.9

0.6

3.2

16.5

29.3

13.9

0.79

HYBRID – CONSERVATIVE HYBRID FUNDS

LIC MF Conservative Hybrid Fund

–

79.3

2.3

1.2

6.6

5.3

7.4

6.2

0.51

EQUITY – DIVIDEND YIELD FUNDS

LIC MF Dividend Yield Fund

–

27.2

490

2.4

0.7

5.5

16.2

26.7

–

0.75

HYBRID – EQUITY SAVINGS FUNDS

LIC MF Equity Savings Fund

–

26.0

2.3

1.3

5.4

7.1

11.5

6.2

0.54

EQUITY – FOCUSED FUNDS

LIC MF Focused Fund

–

19.5

127

2.5

1.6

2.7

7.5

21.8

–

0.58

EQUITY – SECTOR – PHARMA FUNDS

LIC MF Healthcare Fund

–

27.6

2.5

1.2

14.9

14.7

21.9

–

0.72

EQUITY – VALUE FUNDS

LIC MF Value Fund

–

21.8

149

2.4

1.0

0.7

10.2

24.4

–

0.55

EQUITY – THEMATIC – CONSUMPTION FUNDS

Mahindra Manulife Consumption Fund

–

20.6

413

2.4

0.7

2.3

13.9

22.7

–

0.56

EQUITY – LARGE CAP FUNDS

Mahindra Manulife Large Cap Fund

–

21.2

561

2.4

0.7

3.1

9.9

23.0

–

0.68

EQUITY – MID CAP FUNDS

Mahindra Manulife Mid Cap Fund

–

29.4

3067

1.9

0.5

3.6

18.4

31.6

–

0.76

EQUITY – MULTI CAP FUNDS

Mahindra Manulife Multi Cap Fund

–

31.2

4448

1.8

0.4

1.3

13.8

30.1

–

0.74

HYBRID – EQUITY SAVINGS FUNDS

Mirae Asset Equity Savings Fund

–

19.1

1313

1.4

0.4

6.9

8.9

15.0

–

0.89

EQUITY – SECTOR – PHARMA FUNDS

Mirae Asset Healthcare Fund

–

35.3

2441

2.0

0.5

12.5

16.0

26.8

–

0.88

HYBRID – AGGRESSIVE HYBRID FUNDS

Navi Aggressive Hybrid Fund

–

18.8

111

2.3

0.4

4.1

9.2

18.1

–

0.60

EQUITY – TAX SAVING (ELSS) FUNDS

Navi ELSS Tax Saver Fund

–

26.3

2.3

0.4

0.6

8.6

21.3

–

0.52

EQUITY – FLEXI CAP FUNDS

Navi Flexi Cap Fund

–

20.4

227

2.3

0.4

-1.2

8.4

22.0

–

0.57

HYBRID – BALANCED ADVANTAGE FUNDS

Nippon India Balanced Advantage Fund

–

166.2

8431

1.8

0.6

6.0

10.7

16.7

9.2

0.78

EQUITY – THEMATIC – CONSUMPTION FUNDS

Nippon India Consumption Fund

–

182.4

2092

2.0

0.6

5.9

16.7

28.9

13.3

0.81

EQUITY – MULTI CAP FUNDS

Nippon India Multi Cap Fund

–

262.3

35353

1.6

0.8

3.9

19.0

33.9

13.1

0.79

EQUITY – SECTOR – PHARMA FUNDS

Nippon India Pharma Fund

–

468.8

7637

1.8

0.9

8.8

16.7

26.2

12.8

0.88

HYBRID – EQUITY SAVINGS FUNDS

PGIM India Equity Savings Fund

–

47.9

1.3

0.5

5.9

6.1

10.6

7.1

0.81

HYBRID – AGGRESSIVE HYBRID FUNDS

PGIM India Hybrid Equity Fund

–

119.1

198

2.3

0.8

4.3

8.3

17.6

7.4

0.54

EQUITY – MULTI CAP FUNDS

Quant Active Fund

–

570.3

8767

1.8

0.6

-11.5

9.1

33.4

16.5

0.80

EQUITY – FLEXI CAP FUNDS

Quant Flexi Cap Fund

–

89.1

6189

1.8

0.6

-8.1

14.1

36.9

17.8

0.93

EQUITY – CONTRA FUNDS

SBI Contra Fund

–

351.1

39590

1.5

0.8

2.2

19.6

36.8

14.5

1.17

EQUITY – SECTOR – PHARMA FUNDS

SBI Healthcare Opportunities Fund

–

399.7

3313

2.0

1.0

15.1

21.3

28.1

10.7

0.98

EQUITY – THEMATIC – MNC FUNDS

SBI Magnum Global Fund

–

332.2

5835

1.9

1.3

-2.4

6.2

17.7

9.3

0.56

HYBRID – AGGRESSIVE HYBRID FUNDS

Shriram Aggressive Hybrid Fund

–

29.5

2.4

0.9

-2.1

8.1

16.1

8.3

0.52

EQUITY – TAX SAVING (ELSS) FUNDS

Shriram ELSS Tax Saver Fund

–

19.4

2.3

0.8

-7.2

7.8

17.8

–

0.43

EQUITY – FLEXI CAP FUNDS

Shriram Flexi Cap Fund

–

18.7

122

2.4

0.8

-8.8

8.2

18.6

–

0.44

HYBRID – CONSERVATIVE HYBRID FUNDS

Sundaram Conservative Hybrid Fund

–

29.0

2.2

1.5

6.6

6.9

10.1

6.9

0.84

EQUITY – TAX SAVING (ELSS) FUNDS

Sundaram Diversified Equity

–

200.0

1362

2.2

1.8

1.7

9.9

24.0

10.4

0.64

EQUITY – MULTI CAP FUNDS

Sundaram Multi Cap Fund

–

338.2

2417

2.1

1.1

4.1

11.7

27.6

13.4

0.71

HYBRID – BALANCED ADVANTAGE FUNDS

Tata Balanced Advantage Fund

–

19.3

9754

1.7

0.4

2.7

9.3

16.2

–

0.91

EQUITY – FLEXI CAP FUNDS

Tata Flexi Cap Fund

–

21.9

2734

2.0

0.7

5.8

11.2

21.7

–

0.64

EQUITY – SECTOR – PHARMA FUNDS

Tata India Pharma & Healthcare Fund

–

28.0

1104

2.2

0.7

10.6

17.4

25.1

–

0.84

EQUITY – SMALL CAP FUNDS

Tata Small Cap Fund

–

35.7

8274

1.7

0.4

5.6

19.6

35.9

–

0.82

EQUITY – SECTOR – BANKING FUNDS

Taurus Banking & Financial Services Fund

–

49.7

2.3

1.4

4.9

12.3

22.8

10.8

0.45

EQUITY – TAX SAVING (ELSS) FUNDS

Taurus ELSS Tax Saver Fund

–

170.5

2.4

1.5

3.9

13.9

24.1

11.7

0.71

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Taurus Infrastructure Fund

–

60.0

2.4

1.5

-4.4

14.2

27.0

12.1

0.63

EQUITY – LARGE CAP FUNDS

Taurus Large Cap Fund

–

143.4

2.6

2.4

0.0

10.6

21.8

8.3

0.55

HYBRID – BALANCED ADVANTAGE FUNDS

Union Balanced Advantage Fund

–

18.9

1319

2.2

1.0

2.8

7.9

15.6

–

0.83

HYBRID – EQUITY SAVINGS FUNDS

Union Equity Savings Fund

–

16.2

131

2.0

1.4

4.1

6.6

10.6

–

0.71

EQUITY – VALUE FUNDS

Union Value Fund

–

25.2

268

2.5

1.1

1.9

13.7

27.7

–

0.80

HYBRID – EQUITY SAVINGS FUNDS

UTI Equity Savings Fund

–

17.6

668

1.7

0.6

6.2

9.5

13.8

–

1.03

EQUITY – SECTOR – PHARMA FUNDS

UTI Healthcare Fund

–

260.6

1042

2.3

1.2

16.0

17.9

26.0

9.9

0.85

EQUITY – THEMATIC – MNC FUNDS

UTI MNC Fund

–

344.0

2640

2.1

1.2

-2.6

9.5

16.9

8.5

0.52

Source link

Why You Should Invest In This Hybrid Fund For Optimal Risk-Adjusted Performance

by Hansraj Agrawal | Mar 29, 2025 | Share Market

After relentlessly selling in the equity cash market, foreign portfolio investors (FPIs) have finally gotten into buying mode over the past couple of weeks. This has resulted in a quick rally across the broader markets, apart from the frontline indices.

At the depth of the correction, large-cap price-earnings multiples had fallen below 20 times, giving valuation comfort in several pockets.

While mid and small-cap PE multiples continue to be elevated, there are several stocks in these segments that corrected 30-50 per cent in the last 5-6 months, thus giving entry opportunities for investors.

The rupee has appreciated against the dollar from 87-plus levels to sub-86 to the dollar in recent weeks. India’s GDP growth and inflation continue to be comfortable.

However, global uncertainties still persist. The Trump regime would commence levying of reciprocal tariffs from April. China’s growth outlook is still not very clear, though stimulus measures have been announced. The disruption due to large-scale adoption of AI in the industry worldwide is also a key factor.

A phased approach to taking exposure to equities, with debt to balance the portfolio is important for retail investors with modest risk appetites.

Therefore, investing via aggressive hybrid funds to ensure participation in market rallies, while keeping downsides protected reasonably via debt may be suitable.

Kotak Equity Hybrid (Kotak Balance earlier), which has a track record of over 25 years, may be a good choice for investors with a five-plus year timeframe.

The fund has a consistent track record of delivering above-average risk-adjusted returns over medium to long term.

Investors can take exposure via SIPs or even via small lumpsums as asset allocation is decided by the fund manager, making the entry point less relevant.

Sturdy performance

The Kotak Equity Hybrid fund is benchmarked to the Nifty 50 Hybrid Composite Debt 65:35 Index TRI. Since data for this benchmark is not readily available, we have taken the CRISIL Hybrid 35+65 – Aggressive Index for comparison.

When 5-year rolling returns over January 2013 to March 2025 are considered, the fund has delivered a mean performance of 13.6 per cent annually. The CRISIL Hybrid 35+65 – Aggressive Index has given mean returns of 12.3 per cent over the same timeframe and the aforementioned rolling period.

The Kotak Equity Hybrid fund has outperformed CRISIL Hybrid 35+65 – Aggressive Index nearly 75 per cent of the times on 5-year rolling returns during January 2013 to March 2025.

The fund has given more than 12 per cent returns 71 per cent of the times and in excess of 10 per cent almost 82 per cent of the time.

An SIP every month in the fund for 10 years would have delivered annualised returns (XIRR) of 15.4 per cent, which icompares favourably with even most equity funds over this timeframe. If an SIP had been done in CRISIL Hybrid 35+65 – Aggressive Index over the same period, the returns would have been 12.8 per cent.

All data mentioned here pertain to the direct plan of Kotak Equity Hybrid fund.

Smart portfolio mix

The fund keeps the equity exposure in the portfolio in the 71-75 per cent range, depending on market conditions. It avoids going any deeper into equities to maintain a relatively safer portfolio.

Kotak Equity Hybrid takes a multi-cap approach to investing in equities, though large-caps dominate the holdings. Small and mid-cap exposure can go up to 30 per cent of the portfolio holdings. Exposure to individual stocks is restricted to less than 4 per cent.

In the debt portion, the holdings are dominated by the presence of government securities. More than 20 per cent of the portfolio is in sovereign instruments. Apart from g-secs, the fund also holds securities of financially stronger State governments.

Bonds of public sector companies and state utilities also figure in small proportions in the portfolio.

So, the portfolio faces almost no credit risk by virtue of the dominance of sovereign holdings.

The fund has increased its average maturity profile over the past few years. As yields of longer-term securities plummeted 45-50 basis points over the past year or so, the fund has increased its average maturity to 18.95 years. The Macaulay duration and modified duration are reasonable, at 8.87 years and 8.55 years, respectively.

Overall, the fund is well-positioned to give optimal risk-adjusted performance over the long term.

Saving in the fund towards specific goals would work better for investors.

Why invest

Takes multi-cap exposure to equities, though large-caps dominate

Debt exposure is largely in sovereign instruments with no credit risk

Maintains a diffused portfolio, thus keeping risks low

Source link

Mutual Funds returns

by Hansraj Agrawal | Mar 29, 2025 | Share Market

EQUITY – FOCUSED FUNDS

360 ONE Focused Equity Fund

44.0

6352

1.8

0.6

7.3

15.5

26.6

15.2

0.55

EQUITY – TAX SAVING (ELSS) FUNDS

Bank of India ELSS Tax Saver

149.8

1182

2.0

0.8

-0.1

16.1

27.2

14.7

0.55

HYBRID – AGGRESSIVE HYBRID FUNDS

BOI AXA Mid & Small Cap Eq&Debt

34.8

974

2.1

0.8

6.7

16.2

28.0

–

0.60

EQUITY – LARGE CAP FUNDS

Canara Robeco Bluechip Equity Fund

59.0

13848

1.7

0.5

8.9

13.8

22.3

12.8

0.57

EQUITY – THEMATIC – CONSUMPTION FUNDS

Canara Robeco Consumer Trends Fund

100.6

1583

2.1

0.9

7.0

16.8

24.6

14.9

0.57

HYBRID – BALANCED ADVANTAGE FUNDS

Edelweiss Balanced Advantage Fund

48.4

11697

1.7

0.5

6.4

11.1

16.8

10.0

0.68

HYBRID – EQUITY SAVINGS FUNDS

Edelweiss Equity Savings Fund

24.2

569

1.6

0.6

9.5

10.2

11.9

8.6

0.84

EQUITY – LARGE & MID CAP FUNDS

HDFC Large and Mid Cap Fund

310.0

21527

1.7

1.0

7.8

19.4

31.0

13.4

0.69

HYBRID – BALANCED ADVANTAGE FUNDS

ICICI Prudential Balanced Advantage Fund

69.4

58717

1.5

0.9

7.6

12.1

17.8

10.7

0.63

EQUITY – LARGE CAP FUNDS

ICICI Prudential Bluechip Fund

102.9

60177

1.5

0.9

7.0

16.7

26.5

13.5

0.65

EQUITY – FOCUSED FUNDS

ICICI Prudential Focused Equity Fund

83.6

9533

1.8

0.7

12.0

20.3

30.3

13.7

0.82

EQUITY – SECTOR – IT FUNDS

ICICI Prudential Technology Fund

187.1

12511

1.8

1.1

8.8

5.0

32.2

16.5

0.72

EQUITY – VALUE FUNDS

ICICI Prudential Value Discovery Fund

437.1

46114

1.6

1.1

10.8

20.0

33.2

14.5

0.96

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Invesco India Infrastructure Fund

57.2

1255

2.2

0.8

4.6

24.1

33.8

14.9

0.62

EQUITY – FLEXI CAP FUNDS

JM Flexicap Fund

91.0

4899

1.7

0.6

7.3

21.7

28.1

15.6

0.60

EQUITY – LARGE CAP FUNDS

JM Large Cap Fund

143.1

458

2.3

0.7

-0.3

13.9

18.9

10.0

0.55

EQUITY – VALUE FUNDS

JM Value Fund

88.4

937

2.1

1.1

3.7

20.7

29.4

15.5

0.59

HYBRID – CONSERVATIVE HYBRID FUNDS

Kotak Debt Hybrid Fund

56.8

2975

1.7

0.5

8.4

10.0

12.9

9.4

0.88

EQUITY – MID CAP FUNDS

Motilal Oswal Midcap Fund

92.6

23704

1.6

0.7

16.9

28.3

36.6

16.9

0.62

EQUITY – SMALL CAP FUNDS

Nippon India Small Cap Fund

149.9

50826

1.5

0.7

6.1

21.7

40.8

20.4

0.72

EQUITY – FLEXI CAP FUNDS

Parag Parikh Flexi Cap Fund

79.5

88005

1.3

0.6

15.3

17.4

30.5

17.3

0.85

EQUITY – MID CAP FUNDS

PGIM India Midcap Opportunities Fund

58.1

9600

1.7

0.5

8.0

12.0

32.3

14.4

0.68

HYBRID – AGGRESSIVE HYBRID FUNDS

Quant Absolute Fund

388.1

1893

2.1

0.7

-1.8

11.8

28.6

14.4

0.79

EQUITY – TAX SAVING (ELSS) FUNDS

Quant ELSS Tax Saver Fund

332.5

9486

1.7

0.5

-5.3

14.2

37.7

19.1

0.78

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Quant Infrastructure Fund

34.9

2914

2.0

0.8

-7.4

19.2

43.4

17.4

0.76

EQUITY – LARGE & MID CAP FUNDS

Quant Large & Mid Cap Fund

108.7

3242

1.9

0.7

-2.3

17.1

30.0

16.4

0.70

EQUITY – MID CAP FUNDS

Quant Mid Cap Fund

203.7

7616

1.8

0.6

-3.5

18.7

37.0

16.2

0.80

EQUITY – SMALL CAP FUNDS

Quant Small Cap Fund

229.3

22832

1.7

0.7

-0.2

21.2

50.5

18.6

0.90

HYBRID – CONSERVATIVE HYBRID FUNDS

SBI Conservative Hybrid Fund

70.0

9553

1.5

1.1

8.6

9.7

12.5

8.9

0.86

EQUITY – TAX SAVING (ELSS) FUNDS

SBI Long Term Equity Fund

408.8

25724

1.6

1.1

10.2

23.8

31.6

13.8

0.76

HYBRID – EQUITY SAVINGS FUNDS

Sundaram Equity Savings Fund

67.5

1033

2.2

0.8

8.8

10.6

15.1

9.1

0.81

EQUITY – SECTOR – BANKING FUNDS

Sundaram Financial Services Oppor

95.2

1325

2.2

0.9

8.2

19.0

24.2

12.9

0.43

EQUITY – DIVIDEND YIELD FUNDS

Templeton India Equity Income Fund

132.8

2201

2.1

1.3

6.6

17.5

31.8

15.1

0.85

HYBRID – BALANCED ADVANTAGE FUNDS

Aditya Birla SL Bal Advantage

100.2

6988

1.8

0.8

10.2

11.7

17.0

10.7

0.59

EQUITY – SMALL CAP FUNDS

AXIS Small Cap Fund

95.6

20954

1.6

0.6

11.0

16.6

31.5

17.7

0.59

EQUITY – LARGE & MID CAP FUNDS

Bandhan Core Equity Fund

121.8

7234

1.8

0.6

11.8

21.9

30.8

14.4

0.62

EQUITY – TAX SAVING (ELSS) FUNDS

Bandhan ELSS Tax Saver Fund

141.3

6232

1.8

0.7

2.8

13.6

30.6

13.6

0.62

EQUITY – VALUE FUNDS

Bandhan Sterling Value Fund

138.1

8996

1.8

0.7

4.6

16.7

35.8

14.4

0.62

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

BOI AXA Manufacturing & Infra

50.4

463

2.3

0.7

5.4

21.9

33.4

15.5

0.69

HYBRID – AGGRESSIVE HYBRID FUNDS

Baroda BNP Paribas Aggressive Hybrid Fund

26.2

1091

2.1

0.6

5.5

13.0

19.0

–

0.56

EQUITY – LARGE CAP FUNDS

Baroda BNP Paribas Large Cap Fund

206.9

2263

2.0

0.8

4.9

15.0

22.2

11.8

0.56

EQUITY – TAX SAVING (ELSS) FUNDS

Canara Robeco ELSS Tax Saver

161.2

7717

1.7

0.6

7.0

13.1

24.4

13.2

0.58

EQUITY – TAX SAVING (ELSS) FUNDS

DSP ELSS Tax Saver Fund

131.2

14981

1.7

0.7

16.6

18.5

28.9

15.3

0.65

EQUITY – LARGE CAP FUNDS

Edelweiss Large Cap Fund

78.9

1059

2.2

0.6

5.8

14.2

23.2

11.9

0.54

EQUITY – MID CAP FUNDS

Edelweiss Mid Cap Fund

89.9

7729

1.7

0.4

17.6

22.9

35.1

16.9

0.68

EQUITY – FLEXI CAP FUNDS

Franklin India Flexi Cap Fund

1520.7

16139

1.7

0.9

9.1

17.7

29.7

13.3

0.64

EQUITY – FLEXI CAP FUNDS

HDFC Flexi Cap Fund

1846.3

64124

1.4

0.8

15.0

22.6

32.5

14.9

0.76

EQUITY – FOCUSED FUNDS

HDFC Focused 30 Fund

214.0

15516

1.7

0.7

15.6

23.4

32.7

14.3

0.80

HYBRID – CONSERVATIVE HYBRID FUNDS

HDFC Hybrid Debt Fund

80.1

3237

1.7

1.2

8.0

10.3

12.6

8.8

0.89

EQUITY – MID CAP FUNDS

HDFC Mid-Cap Opportunities Fund

173.5

67579

1.4

0.8

10.7

24.7

34.7

17.0

0.71

HYBRID – BALANCED ADVANTAGE FUNDS

HSBC Balanced Advantage Fund

41.3

1432

2.1

0.8

7.1

10.6

13.1

7.5

0.56

HYBRID – EQUITY SAVINGS FUNDS

HSBC Equity Savings Fund

31.2

619

1.5

0.6

9.0

10.5

15.0

8.2

0.53

EQUITY – DIVIDEND YIELD FUNDS

ICICI Prudential Dividend Yield Equity Fund

49.1

4575

1.9

0.7

9.3

21.7

34.6

15.2

0.90

HYBRID – AGGRESSIVE HYBRID FUNDS

ICICI Prudential Equity & Debt Fund

368.7

38507

1.6

1.0

9.5

17.8

28.4

15.1

0.85

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

ICICI Prudential Infrastructure Fund

178.4

6886

1.9

1.2

8.1

29.5

40.8

15.8

0.82

EQUITY – LARGE & MID CAP FUNDS

ICICI Prudential Large & Mid Cap Fund

925.9

17818

1.7

0.9

11.6

20.9

31.8

14.6

0.72

HYBRID – CONSERVATIVE HYBRID FUNDS

ICICI Prudential Regular Savings Fund

72.8

3096

1.7

1.0

8.9

9.4

10.9

9.1

0.98

EQUITY – SECTOR – BANKING FUNDS

Invesco India Financial Services Fund

123.6

1094

2.2

0.9

13.8

18.8

23.3

13.7

0.40

HYBRID – AGGRESSIVE HYBRID FUNDS

JM Aggressive Hybrid Fund

113.3

729

2.2

0.7

7.0

19.5

27.8

11.6

0.75

EQUITY – TAX SAVING (ELSS) FUNDS

JM ELSS Tax Saver Fund

44.7

167

2.2

1.3

10.5

17.3

27.0

14.6

0.54

EQUITY – LARGE CAP FUNDS

Kotak Bluechip Fund

530.5

8718

1.8

0.6

8.0

13.6

23.6

12.0

0.55

EQUITY – MID CAP FUNDS

Kotak Emerging Equity Fund

118.2

43941

1.5

0.5

15.3

19.1

31.9

16.7

0.60

HYBRID – AGGRESSIVE HYBRID FUNDS

Kotak Equity Hybrid Fund

57.1

6324

1.8

0.5

10.0

13.3

23.0

12.0

0.59

EQUITY – LARGE & MID CAP FUNDS

Kotak Equity Opportunities Fund

311.0

22853

1.6

0.6

8.6

17.4

26.8

14.4

0.59

HYBRID – EQUITY SAVINGS FUNDS

Kotak Equity Savings Fund

24.9

7897

1.8

0.7

6.1

10.4

13.2

9.0

0.69

EQUITY – SMALL CAP FUNDS

Kotak Small Cap Fund

236.3

14407

1.7

0.6

8.7

14.0

35.2

16.8

0.62

EQUITY – TAX SAVING (ELSS) FUNDS

Mirae Asset ELSS Tax Saver Fund

44.3

22411

1.6

0.6

8.6

13.9

26.4

–

0.60

EQUITY – THEMATIC – CONSUMPTION FUNDS

Mirae Asset Great Consumer Fund

83.5

3643

1.9

0.5

5.9

17.0

24.7

14.3

0.54

EQUITY – LARGE & MID CAP FUNDS

Mirae Asset Large & Midcap Fund

135.6

33678

1.6

0.6

5.2

13.3

26.3

16.8

0.57

EQUITY – TAX SAVING (ELSS) FUNDS

Motilal Oswal ELSS Tax Saver Fund

45.7

3405

1.9

0.7

10.6

23.0

27.3

15.7

0.46

EQUITY – MID CAP FUNDS

Nippon India Growth Fund

3711.5

30276

1.6

0.8

13.8

23.3

34.4

16.9

0.65

EQUITY – LARGE CAP FUNDS

Nippon India Large Cap Fund

83.5

34212

1.6

0.7

6.8

18.7

28.2

13.3

0.61

EQUITY – VALUE FUNDS

Nippon India Value Fund

208.5

7615

1.9

1.1

9.4

19.9

31.4

15.1

0.66

EQUITY – FLEXI CAP FUNDS

PGIM India Flexi Cap Fund

33.3

5595

1.8

0.5

6.7

9.7

26.3

13.1

0.59

EQUITY – FOCUSED FUNDS

Quant Focused Fund

79.7

966

2.2

0.7

-4.1

14.0

27.9

14.2

0.64

EQUITY – SECTOR – BANKING FUNDS

SBI Banking & Financial Services Fund

38.7

6475

1.8

0.9

17.4

18.5

23.6

15.1

0.38

EQUITY – THEMATIC – CONSUMPTION FUNDS

SBI Consumption Opportunities Fund

293.1

2707

2.0

1.0

8.7

17.1

28.4

15.4

0.58

EQUITY – SECTOR – IT FUNDS

Tata Digital India Fund

44.7

11068

1.7

0.4

5.8

5.7

29.2

–

0.65

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Tata Infrastructure Fund

156.7

1864

2.1

1.2

-5.3

20.8

31.8

13.7

0.60

EQUITY – FLEXI CAP FUNDS

Union Flexi Cap Fund

47.0

1995

2.1

1.0

3.9

13.3

24.8

11.3

0.56

EQUITY – SECTOR – BANKING FUNDS

Aditya Birla SL Bank & Fin Serv

55.8

3011

2.0

1.1

11.3

15.7

23.5

13.0

0.36

EQUITY – SECTOR – IT FUNDS

Aditya Birla Sun Life Digital India Fund

158.1

4576

1.9

0.9

2.0

4.9

29.2

16.3

0.63

EQUITY – DIVIDEND YIELD FUNDS

Aditya Birla Sun Life Dividend Yield Fund

416.1

1339

2.2

1.5

5.5

18.1

28.4

11.7

0.67

EQUITY – FLEXI CAP FUNDS

Aditya Birla Sun Life Flexi Cap Fund

1652.2

20080

1.7

1.0

10.5

13.8

24.9

13.2

0.51

EQUITY – FOCUSED FUNDS

Aditya Birla Sun Life Focused Fund

131.4

6941

1.9

0.9

8.9

13.9

23.3

12.0

0.54

EQUITY – LARGE CAP FUNDS

Aditya Birla Sun Life Frontline Equity Fund

488.5

26286

1.7

1.0

7.9

13.7

24.2

11.7

0.56

EQUITY – THEMATIC – CONSUMPTION FUNDS

Aditya Birla Sun Life India GenNext Fund

197.3

5267

1.9

0.9

7.8

15.1

23.6

14.0

0.51

HYBRID – CONSERVATIVE HYBRID FUNDS

Aditya Birla Sun Life Regular Savings Fund

64.5

1374

1.9

1.0

9.5

8.0

12.3

8.3

0.69

HYBRID – CONSERVATIVE HYBRID FUNDS

Axis Conservative Hybrid Fund

29.2

267

2.2

1.0

7.9

6.4

9.2

6.8

0.59

HYBRID – EQUITY SAVINGS FUNDS

Axis Equity Savings Fund

21.4

930

2.3

1.0

6.7

8.9

12.1

–

0.50

EQUITY – MID CAP FUNDS

Axis Midcap Fund

101.3

26088

1.6

0.6

11.4

15.2

25.6

15.2

0.57

HYBRID – BALANCED ADVANTAGE FUNDS

Bandhan Balanced Advantage Fund

23.1

2141

2.0

0.8

8.0

9.2

14.3

8.1

0.42

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Bandhan Infrastructure Fund

45.9

1400

2.1

0.9

6.3

27.2

38.0

14.9

0.65

EQUITY – LARGE CAP FUNDS

Bandhan Large Cap Fund

71.1

1634

2.1

0.9

7.5

13.6

22.4

11.2

0.52

HYBRID – CONSERVATIVE HYBRID FUNDS

Baroda BNP Paribas Conser Hybrid

43.2

724

2.0

0.6

6.5

7.5

8.3

7.0

0.57

EQUITY – TAX SAVING (ELSS) FUNDS

Baroda BNP Paribas ELSS Tax Saver Fund

87.9

814

2.2

1.0

9.5

15.0

21.9

11.6

0.49

EQUITY – MID CAP FUNDS

Baroda BNP Paribas Mid Cap Fund

92.1

1858

2.0

0.6

8.5

17.2

29.3

14.8

0.62

HYBRID – CONSERVATIVE HYBRID FUNDS

Canara Robeco Conservative Hybrid Fund

93.8

916

1.9

0.7

8.4

7.6

9.9

7.8

0.69

EQUITY – LARGE & MID CAP FUNDS

Canara Robeco Emerging Equities

233.9

21405

1.6

0.6

10.4

14.6

25.4

15.2

0.55

HYBRID – AGGRESSIVE HYBRID FUNDS

Canara Robeco Equity Hybrid Fund

335.5

9841

1.7

0.6

8.1

11.7

18.5

11.8

0.56

EQUITY – FLEXI CAP FUNDS

Canara Robeco Flexi Cap Fund

309.8

11391

1.7

0.6

6.8

12.4

22.4

12.4

0.53

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Canara Robeco Infrastructure Fund

144.5

726

2.4

1.1

13.6

26.0

34.8

14.4

0.69

HYBRID – AGGRESSIVE HYBRID FUNDS

DSP Aggressive Hybrid Fund

340.8

9795

1.8

0.7

17.0

14.9

20.5

12.5

0.54

HYBRID – BALANCED ADVANTAGE FUNDS

DSP Dynamic Asset Allocation Fund

26.5

3106

1.9

0.7

12.6

10.9

13.2

8.7

0.51

EQUITY – LARGE & MID CAP FUNDS

DSP Equity Opportunities Fund

580.4

12598

1.7

0.7

16.0

20.0

28.1

14.8

0.60

EQUITY – FLEXI CAP FUNDS

DSP Flexi Cap Fund

96.1

10320

1.8

0.7

13.6

15.9

24.0

13.4

0.49

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

DSP India T.I.G.E.R. Fund

285.3

4465

1.9

0.8

7.5

26.9

36.5

15.1

0.65

EQUITY – SMALL CAP FUNDS

DSP Small Cap Fund

170.4

13277

1.7

0.8

9.0

16.1

34.4

16.2

0.61

EQUITY – FLEXI CAP FUNDS

Edelweiss Flexi Cap Fund

35.1

2209

2.0

0.5

9.6

16.0

25.9

13.6

0.56

EQUITY – LARGE & MID CAP FUNDS

Edelweiss Large & Mid Cap Fund

79.2

3334

1.9

0.5

9.1

15.8

26.2

13.4

0.57

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Franklin Build India Fund

129.0

2406

2.0

1.0

6.8

28.0

36.5

16.2

0.70

EQUITY – TAX SAVING (ELSS) FUNDS

Franklin India ELSS Tax Saver Fund

1375.6

5986

1.9

1.1

8.9

18.2

28.6

12.6

0.59

HYBRID – AGGRESSIVE HYBRID FUNDS

Franklin India Equity Hybrid Fund

255.6

1945

2.1

1.0

8.6

14.6

21.3

11.1

0.61

EQUITY – FOCUSED FUNDS

Franklin India Focused Equity Fund

98.9

10907

1.8

1.0

4.9

15.7

28.0

13.0

0.59

EQUITY – TAX SAVING (ELSS) FUNDS

HDFC ELSS Tax saver

1306.6

14671

1.7

1.1

12.5

21.8

30.1

12.8

0.74

HYBRID – EQUITY SAVINGS FUNDS

HDFC Equity Savings Fund

63.3

5460

1.9

0.9

5.9

9.6

14.0

9.4

0.71

HYBRID – AGGRESSIVE HYBRID FUNDS

HDFC Hybrid Equity Fund

111.6

22131

1.7

1.1

7.2

12.3

21.1

10.2

0.61

EQUITY – LARGE CAP FUNDS

HDFC Large Cap Fund

1078.1

33913

1.6

1.0

5.0

16.2

25.9

12.4

0.61

HYBRID – CONSERVATIVE HYBRID FUNDS

HSBC Conservative Hybrid Fund

58.8

146

2.2

1.4

9.8

8.5

10.0

7.3

0.54

EQUITY – FLEXI CAP FUNDS

HSBC Flexi Cap Fund

197.3

4183

2.0

1.2

7.7

15.4

25.4

11.9

0.50

EQUITY – LARGE CAP FUNDS

HSBC Large Cap Fund

440.6

1686

2.2

1.2

4.4

12.8

21.6

11.5

0.49

EQUITY – SMALL CAP FUNDS

HSBC Small Cap Fund

72.6

13334

1.7

0.7

4.3

17.8

37.2

17.8

0.61

EQUITY – VALUE FUNDS

HSBC Value Fund

98.4

11580

1.8

0.8

7.5

20.2

31.6

15.6

0.62

EQUITY – SECTOR – BANKING FUNDS

ICICI Pru Banking & Financial Services

122.6

8843

1.8

1.1

14.2

15.7

24.1

13.0

0.37

EQUITY – TAX SAVING (ELSS) FUNDS

ICICI Pru Long Term Equity

863.4

12744

1.7

1.1

8.5

14.0

26.0

12.5

0.58

EQUITY – MID CAP FUNDS

ICICI Prudential Midcap Fund

259.2

5394

1.9

1.2

7.8

18.6

32.1

14.3

0.61

HYBRID – BALANCED ADVANTAGE FUNDS

Invesco India Balanced Advantage Fund

51.0

919

2.2

0.8

7.2

12.1

15.3

8.9

0.46

EQUITY – TAX SAVING (ELSS) FUNDS

Invesco India ELSS Tax Saver Fund

114.6

2483

2.0

0.8

8.0

13.1

22.8

12.5

0.47

EQUITY – LARGE & MID CAP FUNDS

Invesco India Large & Mid Cap Fund

87.0

5930

1.8

0.7

14.7

20.2

26.3

14.1

0.54

EQUITY – LARGE CAP FUNDS

Invesco India Largecap Fund

63.1

1229

2.1

0.8

7.3

13.6

23.0

11.7

0.50

EQUITY – MID CAP FUNDS

Invesco India Midcap Fund

152.9

5247

1.8

0.7

18.5

22.2

31.3

16.2

0.60

EQUITY – FOCUSED FUNDS

JM Focused Fund

18.6

217

2.3

0.8

5.5

17.8

22.9

12.5

0.41

EQUITY – TAX SAVING (ELSS) FUNDS

Kotak ELSS Tax Saver Fund

106.5

5412

1.8

0.7

4.6

14.4

25.4

13.2

0.54

EQUITY – FLEXI CAP FUNDS

Kotak Flexicap Fund

77.4

45433

1.5

0.6

8.3

14.9

23.5

13.2

0.51

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Kotak Infra & Economic Reform

57.7

1891

2.1

0.7

1.7

22.4

33.7

14.2

0.60

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

LIC MF Infrastructure Fund

43.7

763

2.3

0.7

15.9

25.4

33.5

13.6

0.59

EQUITY – LARGE & MID CAP FUNDS

LIC MF Large & Midcap Fund

36.1

2598

2.0

0.6

15.3

14.9

24.1

14.0

0.50

EQUITY – SMALL CAP FUNDS

LIC MF Small Cap Fund

27.7

434

2.4

1.0

11.6

17.5

33.9

–

0.58

EQUITY – TAX SAVING (ELSS) FUNDS

Mahindra Manulife ELSS Tax Saver Fund

26.4

839

2.2

0.7

6.1

12.9

24.7

–

0.57

HYBRID – EQUITY SAVINGS FUNDS

Mahi Manu Eq Sav Dhan San Yojana

19.7

544

2.4

0.8

5.4

8.2

14.1

–

0.56

HYBRID – AGGRESSIVE HYBRID FUNDS

Mirae Asset Aggressive Hybrid Fund

30.1

8170

1.7

0.4

8.8

11.9

19.5

–

0.57

EQUITY – LARGE CAP FUNDS

Mirae Asset Large Cap Fund

104.6

35533

1.5

0.6

8.5

11.2

21.8

12.6

0.50

EQUITY – SECTOR – BANKING FUNDS

Nippon India Banking & Fin Serv

575.7

6129

1.9

1.0

12.5

18.4

27.6

12.7

0.41

EQUITY – FOCUSED FUNDS

Nippon India Focused Equity Fund

110.5

7480

1.9

1.2

8.4

13.2

28.1

13.1

0.57

EQUITY – TAX SAVING (ELSS) FUNDS

PGIM India ELSS Tax Saver Fund

32.5

698

2.3

0.8

8.9

11.3

25.3

–

0.59

EQUITY – LARGE CAP FUNDS

SBI Blue Chip Fund

86.5

46140

1.5

0.9

8.2

13.4

23.8

12.0

0.56

HYBRID – AGGRESSIVE HYBRID FUNDS

SBI Equity Hybrid Fund

280.9

68440

1.4

0.8

11.3

11.6

18.8

11.6

0.55

HYBRID – EQUITY SAVINGS FUNDS

SBI Equity Savings Fund

22.7

5512

1.4

0.9

7.3

9.6

13.9

–

0.59

EQUITY – FOCUSED FUNDS

SBI Focused Equity Fund

326.3

32929

1.6

0.9

11.5

12.4

22.2

13.8

0.50

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

SBI Infrastructure Fund

46.0

4325

1.9

0.8

1.8

23.0

33.2

15.0

0.69

EQUITY – LARGE & MID CAP FUNDS

SBI Large & Midcap Fund

571.3

27385

1.6

0.8

11.2

16.6

28.0

14.1

0.59

EQUITY – MID CAP FUNDS

SBI Magnum Midcap Fund

219.2

19392

1.7

0.9

8.6

18.0

33.2

14.7

0.67

EQUITY – SMALL CAP FUNDS

SBI Small Cap Fund

156.4

28453

1.6

0.8

5.4

15.9

30.8

18.8

0.64

HYBRID – AGGRESSIVE HYBRID FUNDS

Sundaram Aggressive Hybrid Fund

152.3

5236

1.9

0.8

7.3

11.7

19.5

11.9

0.58

HYBRID – BALANCED ADVANTAGE FUNDS

Sundaram Balanced Advantage Fund

33.5

1435

2.1

0.7

6.4

10.1

12.0

7.4

0.49

EQUITY – FOCUSED FUNDS

Sundaram Focused Fund

150.1

1007

2.3

1.4

4.6

11.8

22.3

12.5

0.52

EQUITY – SECTOR – BANKING FUNDS

Tata Banking and Financial Services Fund

39.3

2285

2.0

0.6

16.7

18.2

21.6

–

0.39

EQUITY – VALUE FUNDS

Tata Equity P/E Fund

321.6

7468

1.8

0.8

6.5

18.8

26.8

13.8

0.62

HYBRID – EQUITY SAVINGS FUNDS

Tata Equity Savings Fund

53.5

250

1.1

0.5

8.9

9.0

11.5

7.1

0.66

EQUITY – THEMATIC – CONSUMPTION FUNDS

Tata India Consumer Fund

40.3

2114

2.1

0.8

8.2

17.0

23.1

–

0.54

EQUITY – LARGE & MID CAP FUNDS

Tata Large & Mid Cap Fund

492.1

7420

1.8

0.7

6.2

16.0

25.3

12.7

0.57

EQUITY – LARGE CAP FUNDS

Tata Large Cap Fund

472.9

2267

2.1

1.1

6.5

13.4

23.4

11.3

0.53

EQUITY – MID CAP FUNDS

Tata Mid Cap Growth Fund

389.3

3955

1.9

0.7

6.8

18.0

29.3

14.5

0.59

EQUITY – MID CAP FUNDS

Taurus Mid Cap Fund

107.7

106

2.5

2.0

-1.3

15.0

25.6

13.7

0.51

EQUITY – VALUE FUNDS

Templeton India Value Fund

659.6

1979

2.1

0.9

3.6

18.8

32.9

13.8

0.72

EQUITY – TAX SAVING (ELSS) FUNDS

Union ELSS Tax Saver Fund

59.5

800

2.4

1.5

4.8

13.7

25.3

11.2

0.58

EQUITY – SMALL CAP FUNDS

Union Small Cap Fund

42.8

1313

2.2

1.1

6.0

15.0

32.2

13.6

0.57

HYBRID – AGGRESSIVE HYBRID FUNDS

UTI Aggressive Hybrid Fund

380.4

5633

1.9

1.2

10.7

15.8

24.4

11.7

0.72

HYBRID – CONSERVATIVE HYBRID FUNDS

UTI Conservative Hybrid Fund

67.2

1610

1.8

1.2

10.2

9.1

12.3

8.1

0.89

EQUITY – TAX SAVING (ELSS) FUNDS

UTI ELSS Tax Saver Fund

191.1

3386

1.9

0.9

7.9

11.3

22.9

11.4

0.48

EQUITY – LARGE & MID CAP FUNDS

UTI Large & Mid Cap Fund

163.9

3789

1.9

1.0

12.3

19.9

31.2

12.8

0.68

EQUITY – LARGE CAP FUNDS

UTI Large Cap Fund

256.5

11720

1.8

1.0

6.4

10.5

21.6

10.9

0.50

EQUITY – MID CAP FUNDS

UTI Mid Cap Fund

268.4

9899

1.8

0.9

7.0

14.8

28.9

13.3

0.56

EQUITY – VALUE FUNDS

UTI Value Fund

156.3

8945

1.8

1.1

15.1

17.0

27.2

12.4

0.62

HYBRID – AGGRESSIVE HYBRID FUNDS

Aditya Birla Sun Life Equity Hybrid ’95 Fund

1418.0

6874

1.9

1.1

7.9

9.6

19.8

9.9

0.50

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Aditya Birla Sun Life Infrastructure Fund

86.3

951

2.4

1.5

3.2

22.7

33.8

12.8

0.59

EQUITY – LARGE CAP FUNDS

Axis Bluechip Fund

57.2

30517

1.6

0.7

4.6

9.1

16.8

11.6

0.39

HYBRID – AGGRESSIVE HYBRID FUNDS

Bandhan Aggressive Hybrid Fund

24.0

752

2.4

1.0

11.6

13.0

21.8

–

0.56

EQUITY – FLEXI CAP FUNDS

Bandhan Flexi Cap Fund

190.2

6595

1.9

1.2

6.4

12.6

21.6

10.1

0.45

HYBRID – BALANCED ADVANTAGE FUNDS

Bank of India Balanced Advantage Fund

23.5

125

2.3

1.2

0.1

13.1

12.4

6.8

0.41

EQUITY – LARGE & MID CAP FUNDS

BOI Large & Mid Cap Equity Fund

80.5

328

2.3

1.1

3.0

14.9

24.3

11.1

0.51

EQUITY – SECTOR – BANKING FUNDS

Baroda BNP Paribas Bank&Fin Serv

44.6

211

2.4

0.9

16.1

17.4

20.7

10.9

0.33

HYBRID – EQUITY SAVINGS FUNDS

DSP Equity Savings Fund

21.2

2476

1.3

0.4

10.8

9.9

13.8

–

0.55

EQUITY – FOCUSED FUNDS

DSP Focus Fund

51.5

2259

2.1

1.0

16.8

16.9

23.7

11.5

0.48

EQUITY – MID CAP FUNDS

DSP Midcap Fund

130.6

15880

1.7

0.8

12.3

15.5

24.1

14.1

0.47

HYBRID – CONSERVATIVE HYBRID FUNDS

DSP Regular Savings Fund

57.2

162

1.1

0.5

10.8

9.3

10.7

7.1

0.67

EQUITY – TAX SAVING (ELSS) FUNDS

Edelweiss Long Term Equity

101.7

352

2.4

0.8

7.3

13.7

23.4

11.1

0.49

EQUITY – LARGE CAP FUNDS

Franklin India Bluechip Fund

952.1

6937

1.9

1.2

7.7

12.4

23.4

10.5

0.52

HYBRID – CONSERVATIVE HYBRID FUNDS

Franklin India Debt Hybrid Fund

87.4

195

1.4

0.7

8.3

9.0

9.8

7.3

0.57

EQUITY – MID CAP FUNDS

Franklin India Prima Fund

2509.0

10594

1.8

1.0

16.1

21.5

29.4

14.4

0.57

EQUITY – SMALL CAP FUNDS

Franklin India Smaller Companies Fund

151.7

11257

1.8

1.0

2.9

20.3

35.1

15.0

0.60

EQUITY – SMALL CAP FUNDS

HDFC Small Cap Fund

121.3

28120

1.6

0.8

3.1

19.8

36.1

17.1

0.64

EQUITY – VALUE FUNDS

HDFC Value Fund

670.8

6400

1.9

1.1

9.1

16.4

28.2

13.1

0.62

HYBRID – AGGRESSIVE HYBRID FUNDS

HSBC Aggressive Hybrid Fund

49.6

4744

1.9

0.9

5.4

10.7

18.3

10.0

0.42

EQUITY – TAX SAVING (ELSS) FUNDS

HSBC ELSS Tax saver Fund

122.9

3604

1.9

1.1

13.3

16.2

25.7

12.8

0.50

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

HSBC Infrastructure Fund

43.3

1999

2.1

1.1

8.1

23.2

33.0

15.0

0.58

EQUITY – MID CAP FUNDS

HSBC Midcap Fund

338.7

9541

1.8

0.7

7.9

19.3

28.3

14.9

0.50

HYBRID – EQUITY SAVINGS FUNDS

ICICI Prudential Equity Savings Fund

21.8

12610

1.0

0.5

7.7

8.3

11.5

7.9

0.49

EQUITY – THEMATIC – CONSUMPTION FUNDS

ICICI Prudential FMCG Fund

454.4

1720

2.2

1.3

0.5

12.0

17.6

11.5

0.50

EQUITY – SECTOR – BANKING FUNDS

LIC MF Banking & Financial Services Fund

18.9

234

2.4

1.1

4.8

13.3

18.4

6.5

0.30

EQUITY – TAX SAVING (ELSS) FUNDS

LIC MF ELSS Tax Saver

145.9

1007

2.2

1.0

14.7

14.5

22.0

11.3

0.45

EQUITY – FLEXI CAP FUNDS

LIC MF Flexi Cap Fund

87.3

875

2.3

1.3

1.7

11.1

17.6

8.0

0.38

EQUITY – LARGE CAP FUNDS

LIC MF Large Cap Fund

51.9

1284

2.2

1.0

6.2

9.2

17.8

9.6

0.39

HYBRID – BALANCED ADVANTAGE FUNDS

Motilal Oswal Balanced Advantage Fund

17.9

891

2.3

1.0

-7.3

6.6

9.2

–

0.18

EQUITY – FOCUSED FUNDS

Motilal Oswal Focused Fund

38.4

1307

2.2

1.1

-6.6

8.0

15.7

9.2

0.29

EQUITY – LARGE & MID CAP FUNDS

Navi Large & Midcap Fund

32.6

276

2.3

0.4

9.9

11.1

23.7

–

0.46

EQUITY – LARGE & MID CAP FUNDS

Nippon India Vision Fund

1350.7

4969

2.0

1.4

11.9

18.8

28.5

11.7

0.60

EQUITY – TAX SAVING (ELSS) FUNDS

Quantum ELSS Tax Saver Fund

117.2

200

2.0

0.9

10.2

16.9

26.1

12.0

0.66

EQUITY – VALUE FUNDS

Quantum Long Term Equity Value Fund

118.1

1080

2.0

1.1

10.6

16.9

26.2

12.0

0.65

EQUITY – FLEXI CAP FUNDS

SBI Flexicap Fund

101.2

20030

1.7

1.0

4.9

10.3

22.4

12.4

0.49

EQUITY – SECTOR – IT FUNDS

SBI Technology Opportunities Fund

197.3

4247

1.9

1.0

12.3

8.5

28.6

15.1

0.70

EQUITY – TAX SAVING (ELSS) FUNDS

Sundaram ELSS Tax Saver Fund

470.5

1212

2.3

1.7

6.2

13.7

25.3

13.2

0.59

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Sundaram Infrastructure Advantage Fund

85.7

804

2.4

1.8

4.9

20.6

32.0

13.2

0.57

EQUITY – LARGE & MID CAP FUNDS

Sundaram Large and Mid Cap Fund

78.7

5861

1.9

0.9

7.9

13.7

25.0

13.5

0.47

EQUITY – MID CAP FUNDS

Sundaram Mid Cap Fund

1235.1

10451

1.8

0.9

12.4

21.7

30.2

14.4

0.55

EQUITY – TAX SAVING (ELSS) FUNDS

Tata ELSS Tax Saver Fund

41.1

4053

1.9

0.7

9.7

13.9

24.1

13.4

0.53

HYBRID – AGGRESSIVE HYBRID FUNDS

Tata Hybrid Equity Fund

413.4

3733

2.0

1.0

5.6

11.8

19.0

9.4

0.55

EQUITY – LARGE CAP FUNDS

Union Largecap Fund

22.2

401

2.5

1.4

2.3

11.4

21.7

–

0.50

EQUITY – DIVIDEND YIELD FUNDS

UTI Dividend Yield Fund

164.7

3633

2.0

1.4

13.6

16.1

27.0

13.1

0.71

EQUITY – FLEXI CAP FUNDS

UTI Flexi Cap Fund

300.9

23404

1.7

1.1

11.1

7.9

20.6

11.5

0.41

EQUITY – THEMATIC – CONSUMPTION FUNDS

UTI India Consumer Fund

52.6

620

2.5

1.5

5.2

13.0

19.3

10.1

0.43

EQUITY – TAX SAVING (ELSS) FUNDS

Aditya Birla Sun Life ELSS Tax Saver Fund

54.7

13629

1.7

1.0

7.2

11.7

17.2

9.9

0.37

EQUITY – LARGE & MID CAP FUNDS

Aditya Birla Sun Life Equity Advantage Fund

825.7

5007

2.0

1.2

6.2

9.3

22.1

11.1

0.38

HYBRID – EQUITY SAVINGS FUNDS

Aditya Birla Sun Life Equity Savings Fund

21.2

653

1.1

0.6

7.2

7.4

11.1

7.5

0.40

EQUITY – MID CAP FUNDS

Aditya Birla Sun Life Midcap Fund

712.1

5056

1.9

1.1

11.7

16.1

29.8

13.1

0.55

EQUITY – VALUE FUNDS

Aditya Birla Sun Life Pure Value Fund

115.8

5300

1.9

1.1

3.6

18.6

29.7

12.2

0.58

EQUITY – SMALL CAP FUNDS

Aditya Birla Sun Life Small Cap Fund

75.7

4054

2.0

1.0

4.6

14.3

30.2

12.5

0.49

EQUITY – TAX SAVING (ELSS) FUNDS

Axis ELSS Tax Saver Fund

90.1

32174

1.6

0.8

6.4

10.2

18.1

11.4

0.35

EQUITY – FOCUSED FUNDS

Axis Focused Fund

51.1

11557

1.8

0.8

4.0

6.4

16.4

11.2

0.29

HYBRID – CONSERVATIVE HYBRID FUNDS

Bandhan Conservative Hybrid Fund

31.1

113

2.0

1.0

7.3

6.3

7.8

6.6

0.40

EQUITY – FOCUSED FUNDS

Bandhan Focused Equity Fund

79.2

1595

2.1

0.8

11.5

14.7

22.1

11.1

0.47

EQUITY – LARGE CAP FUNDS

DSP Top 100 Equity Fund

448.1

4519

1.9

1.1

14.8

17.9

23.5

11.0

0.51

EQUITY – LARGE & MID CAP FUNDS

Franklin India Equity Advantage Fund

172.6

3121

2.1

1.4

9.9

13.9

26.7

10.9

0.51

EQUITY – SECTOR – IT FUNDS

Franklin India Technology Fund

470.1

1786

2.1

1.0

3.8

12.2

27.4

15.1

0.66

EQUITY – LARGE CAP FUNDS

Groww Largecap Fund

39.4

112

2.4

1.0

1.1

12.4

19.3

10.4

0.41

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

HDFC Infrastructure Fund

43.3

2105

2.0

1.0

4.9

29.9

36.8

10.3

0.65

HYBRID – AGGRESSIVE HYBRID FUNDS

LIC MF Aggressive Hybrid Fund

182.0

468

2.5

1.4

7.5

11.0

15.3

7.7

0.39

EQUITY – MID CAP FUNDS

LIC MF Midcap Fund

26.4

277

2.5

1.3

13.0

18.1

28.1

–

0.52

EQUITY – FLEXI CAP FUNDS

Motilal Oswal Flexi Cap Fund

57.1

11172

1.7

0.9

18.4

21.8

23.7

13.0

0.45

EQUITY – TAX SAVING (ELSS) FUNDS

Nippon India ELSS Tax Saver Fund

118.2

13354

1.7

1.1

7.7

16.0

26.9

9.5

0.54

HYBRID – AGGRESSIVE HYBRID FUNDS

Nippon India Equity Hybrid Fund

97.5

3531

2.0

1.1

7.1

14.2

22.3

9.7

0.50

HYBRID – EQUITY SAVINGS FUNDS

Nippon India Equity Savings Fund

15.5

677

1.8

0.7

6.0

8.1

11.1

–

0.36

HYBRID – CONSERVATIVE HYBRID FUNDS

Nippon India Hybrid Bond Fund

55.8

825

1.9

1.1

7.4

7.8

8.9

5.3

0.57

EQUITY – LARGE CAP FUNDS

PGIM India Large Cap Fund

318.0

531

2.4

0.9

3.7

11.3

19.2

9.8

0.43

EQUITY – THEMATIC – CONSUMPTION FUNDS

Sundaram Consumption Fund

88.9

1398

2.2

1.3

9.3

17.6

23.0

13.7

0.48

EQUITY – DIVIDEND YIELD FUNDS

Sundaram Dividend Yield Fund

128.3

806

2.4

1.2

3.9

15.3

25.1

14.1

0.65

EQUITY – SMALL CAP FUNDS

Sundaram Small Cap Fund

224.3

2763

2.0

1.0

3.0

16.4

33.3

12.6

0.56

EQUITY – FLEXI CAP FUNDS

Taurus Flexi Cap Fund

210.2

321

2.6

2.5

3.4

12.3

21.3

8.5

0.45

EQUITY – SECTOR – BANKING FUNDS

UTI Banking and Financial Services Fund

175.7

1107

2.2

1.2

14.7

17.0

23.3

10.4

0.36

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

UTI Infrastructure Fund

132.3

1921

2.2

1.8

4.6

21.7

29.0

11.9

0.54

HYBRID – BALANCED ADVANTAGE FUNDS

UTI-Unit Linked Insurance Plan

40.3

5194

1.7

1.0

10.6

7.8

12.4

7.7

0.48

EQUITY – THEMATIC – MNC FUNDS

Aditya Birla Sun Life MNC Fund

–

1207.0

3213

2.1

1.4

4.7

9.9

14.0

7.9

0.29

HYBRID – AGGRESSIVE HYBRID FUNDS

Axis Aggressive Hybrid Fund

–

19.4

1441

2.2

1.1

10.3

8.6

16.3

–

0.42

HYBRID – BALANCED ADVANTAGE FUNDS

Axis Balanced Advantage Fund

–

20.1

2625

2.0

0.8

11.2

12.9

14.3

–

0.63

EQUITY – FLEXI CAP FUNDS

Axis Flexi Cap Fund

–

24.4

11116

1.7

0.7

8.9

10.2

18.4

–

0.40

EQUITY – LARGE & MID CAP FUNDS

Axis Growth Opportunities Fund

–

29.7

12596

1.7

0.6

7.0

13.4

25.5

–

0.57

HYBRID – EQUITY SAVINGS FUNDS

Bandhan Equity Savings Fund

–

30.4

263

1.1

0.2

6.8

7.1

10.7

6.6

0.56

HYBRID – CONSERVATIVE HYBRID FUNDS

Bank of India Conservative Hybrid Fund

–

33.1

2.1

1.1

3.0

12.9

12.3

7.4

0.98

EQUITY – SMALL CAP FUNDS

Bank of India Small Cap Fund

–

41.7

1390

2.0

0.5

9.5

17.3

36.2

–

0.66

HYBRID – BALANCED ADVANTAGE FUNDS

Baroda BNP Paribas Balanced Advantage Fund

–

22.7

3833

1.9

0.8

7.0

12.2

18.2

–

0.65

EQUITY – FOCUSED FUNDS

Baroda BNP Paribas Focused Fund

–

20.1

580

2.3

0.5

0.7

12.0

20.5

–

0.43

EQUITY – THEMATIC – CONSUMPTION FUNDS

Baroda BNP Paribas India Consumption Fund

–

29.4

1290

2.1

0.7

8.4

16.4

22.5

–

0.53

EQUITY – MULTI CAP FUNDS

Baroda BNP Paribas Multi Cap Fund

–

262.9

2401

2.0

1.0

8.4

15.3

28.0

13.0

0.60

EQUITY – SMALL CAP FUNDS

Canara Robeco Small Cap Fund

–

34.4

10277

1.7

0.5

4.9

13.3

36.0

–

0.67

EQUITY – SECTOR – PHARMA FUNDS

DSP Healthcare Fund

–

37.4

2951

1.9

0.6

14.1

20.0

29.4

–

0.86

HYBRID – AGGRESSIVE HYBRID FUNDS

Edelweiss Aggressive Hybrid Fund

–

59.7

2290

2.0

0.3

10.4

16.2

22.9

12.0

0.67

EQUITY – SMALL CAP FUNDS

Edelweiss Small Cap Fund

–

38.9

3719

1.9

0.4

7.1

17.9

36.0

–

0.68

HYBRID – EQUITY SAVINGS FUNDS

Franklin India Equity Savings Fund

–

15.9

644

1.1

0.4

7.2

8.1

12.0

–

0.53

HYBRID – AGGRESSIVE HYBRID FUNDS

Groww Aggressive Hybrid Fund

–

19.6

2.3

0.9

3.0

11.1

17.4

–

0.47

EQUITY – TAX SAVING (ELSS) FUNDS

Groww ELSS Tax Saver Fund

–

18.2

2.3

0.6

0.5

12.3

19.7

–

0.42

EQUITY – VALUE FUNDS

Groww Value Fund

–

24.6

2.3

0.9

3.3

14.0

23.0

–

0.54

HYBRID – BALANCED ADVANTAGE FUNDS

HDFC Balanced Advantage Fund

–

490.3

90375

1.4

0.8

8.6

19.8

27.0

14.3

0.79

EQUITY – LARGE & MID CAP FUNDS

HSBC Large & Mid Cap Fund

–

23.8

3472

2.0

0.9

8.7

15.5

25.1

–

0.45

EQUITY – TAX SAVING (ELSS) FUNDS

HSBC Tax Saver Equity Fund

–

85.0

210

2.5

1.6

12.2

15.7

24.9

12.4

0.49

EQUITY – MULTI CAP FUNDS

ICICI Prudential Multicap Fund

–

734.1

12901

1.8

1.0

9.0

19.4

29.0

14.2

0.63

EQUITY – SECTOR – PHARMA FUNDS

ICICI Prudential P.H.D Fund

–

36.2

4611

1.9

1.1

19.9

22.8

31.5

–

0.96

EQUITY – SMALL CAP FUNDS

ICICI Prudential Smallcap Fund

–

77.0

6912

1.8

0.8

3.3

15.9

34.0

14.3

0.63

HYBRID – AGGRESSIVE HYBRID FUNDS

Invesco India Aggressive Hybrid Fund

–

21.2

570

2.4

0.8

11.9

14.9

19.0

–

0.49

EQUITY – CONTRA FUNDS

Invesco India Contra Fund

–

123.9

15962

1.7

0.6

14.0

18.7

27.6

14.9

0.60

HYBRID – EQUITY SAVINGS FUNDS

Invesco India Equity Savings Fund

–

16.2

393

2.3

0.7

9.1

9.4

10.6

–

0.45

EQUITY – MULTI CAP FUNDS

Invesco India Multicap Fund

–

119.9

3364

1.9

0.7

10.4

17.0

27.0

13.0

0.53

EQUITY – SMALL CAP FUNDS

Invesco India Smallcap Fund

–

36.7

5312

1.8

0.4

13.3

21.7

34.8

–

0.61

HYBRID – BALANCED ADVANTAGE FUNDS

Kotak Balanced Advantage Fund

–

19.4

15813

1.7

0.6

8.6

10.8

16.0

–

0.54

EQUITY – CONTRA FUNDS

Kotak India EQ Contra Fund

–

137.2

3603

1.9

0.6

7.3

19.1

28.3

14.5

0.62

HYBRID – CONSERVATIVE HYBRID FUNDS

LIC MF Conservative Hybrid Fund

–

79.5

2.3

1.2

6.9

5.8

7.2

6.3

0.46

EQUITY – DIVIDEND YIELD FUNDS

LIC MF Dividend Yield Fund

–

28.0

446

2.4

0.7

12.2

18.6

27.1

–

0.64

HYBRID – EQUITY SAVINGS FUNDS

LIC MF Equity Savings Fund

–

26.1

2.3

1.3

7.1

8.0

11.2

6.4

0.40

EQUITY – FOCUSED FUNDS

LIC MF Focused Fund

–

19.5

121

2.5

1.6

5.0

9.4

20.5

–

0.47

EQUITY – SECTOR – PHARMA FUNDS

LIC MF Healthcare Fund

–

28.3

2.5

1.2

19.3

16.3

24.0

–

0.68

EQUITY – VALUE FUNDS

LIC MF Value Fund

–

22.0

131

2.4

1.0

4.3

12.2

24.1

–

0.45

EQUITY – THEMATIC – CONSUMPTION FUNDS

Mahindra Manulife Consumption Fund

–

20.7

413

2.4

0.7

3.9

15.3

21.5

–

0.44

EQUITY – LARGE CAP FUNDS

Mahindra Manulife Large Cap Fund

–

21.7

561

2.4

0.7

6.7

12.4

22.5

–

0.54

EQUITY – MID CAP FUNDS

Mahindra Manulife Mid Cap Fund

–

30.3

3067

1.9

0.5

9.8

21.1

31.4

–

0.65

EQUITY – MULTI CAP FUNDS

Mahindra Manulife Multi Cap Fund

–

31.9

4448

1.8

0.4

6.7

16.3

29.4

–

0.62

HYBRID – EQUITY SAVINGS FUNDS

Mirae Asset Equity Savings Fund

–

19.3

1313

1.4

0.4

9.0

10.1

14.7

–

0.67

EQUITY – SECTOR – PHARMA FUNDS

Mirae Asset Healthcare Fund

–

36.5

2441

2.0

0.5

17.2

18.0

29.0

–

0.83

HYBRID – AGGRESSIVE HYBRID FUNDS

Navi Aggressive Hybrid Fund

–

19.1

111

2.3

0.4

7.2

11.0

17.3

–

0.45

EQUITY – TAX SAVING (ELSS) FUNDS

Navi ELSS Tax Saver Fund

–

26.8

2.3

0.4

4.6

10.7

20.3

–

0.39

EQUITY – FLEXI CAP FUNDS

Navi Flexi Cap Fund

–

20.8

227

2.3

0.4

3.2

10.6

20.9

–

0.44

HYBRID – BALANCED ADVANTAGE FUNDS

Nippon India Balanced Advantage Fund

–

168.1

8431

1.8

0.6

8.1

12.0

16.3

9.7

0.57

EQUITY – THEMATIC – CONSUMPTION FUNDS

Nippon India Consumption Fund

–

182.2

2092

2.0

0.6

6.3

18.3

27.8

13.7

0.67

EQUITY – MULTI CAP FUNDS

Nippon India Multi Cap Fund

–

269.3

35353

1.6

0.8

10.1

22.0

32.9

13.8

0.62

EQUITY – SECTOR – PHARMA FUNDS

Nippon India Pharma Fund

–

481.3

7637

1.8

0.9

12.2

18.7

28.4

13.6

0.84

HYBRID – EQUITY SAVINGS FUNDS

PGIM India Equity Savings Fund

–

48.0

1.3

0.5

6.4

6.5

10.0

7.2

0.51

HYBRID – AGGRESSIVE HYBRID FUNDS

PGIM India Hybrid Equity Fund

–

121.7

198

2.3

0.8

7.6

10.4

16.9

8.0

0.43

EQUITY – MULTI CAP FUNDS

Quant Active Fund

–

584.3

8767

1.8

0.6

-5.5

11.9

34.3

17.1

0.70

EQUITY – FLEXI CAP FUNDS

Quant Flexi Cap Fund

–

91.2

6189

1.8

0.6

-2.2

16.8

38.0

18.3

0.83

EQUITY – CONTRA FUNDS

SBI Contra Fund

–

358.4

39590

1.5

0.8

7.0

22.0

37.1

15.1

0.93

EQUITY – SECTOR – PHARMA FUNDS

SBI Healthcare Opportunities Fund

–

411.6

3313

2.0

1.0

20.0

23.2

30.4

11.7

0.92

EQUITY – THEMATIC – MNC FUNDS

SBI Magnum Global Fund

–

338.2

5835

1.9

1.3

0.3

7.6

18.6

9.8

0.49

HYBRID – AGGRESSIVE HYBRID FUNDS

Shriram Aggressive Hybrid Fund

–

29.7

2.4

0.9

0.1

9.9

15.7

8.6

0.42

EQUITY – TAX SAVING (ELSS) FUNDS

Shriram ELSS Tax Saver Fund

–

19.9

2.3

0.8

-3.2

10.2

17.6

–

0.36

EQUITY – FLEXI CAP FUNDS

Shriram Flexi Cap Fund

–

19.2

122

2.4

0.8

-4.9

10.6

18.4

–

0.36

HYBRID – CONSERVATIVE HYBRID FUNDS

Sundaram Conservative Hybrid Fund

–

29.0

2.2

1.5

6.5

7.2

9.8

7.0

0.67

EQUITY – TAX SAVING (ELSS) FUNDS

Sundaram Diversified Equity

–

204.0

1362

2.2

1.8

5.1

12.3

23.4

11.0

0.48

EQUITY – MULTI CAP FUNDS

Sundaram Multi Cap Fund

–

348.6

2417

2.1

1.1

9.6

14.6

26.7

14.2

0.57

HYBRID – BALANCED ADVANTAGE FUNDS

Tata Balanced Advantage Fund

–

19.6

9754

1.7

0.4

4.7

10.5

15.9

–

0.69

EQUITY – FLEXI CAP FUNDS

Tata Flexi Cap Fund

–

22.3

2734

2.0

0.7

10.0

13.3

21.1

–

0.51

EQUITY – SECTOR – PHARMA FUNDS

Tata India Pharma & Healthcare Fund

–

28.6

1104

2.2

0.7

14.3

18.9

27.7

–

0.80

EQUITY – SMALL CAP FUNDS

Tata Small Cap Fund

–

36.3

8274

1.7

0.4

11.8

21.9

36.4

–

0.70

EQUITY – SECTOR – BANKING FUNDS

Taurus Banking & Financial Services Fund

–

50.1

2.3

1.4

8.0

15.1

20.2

11.3

0.34

EQUITY – TAX SAVING (ELSS) FUNDS

Taurus ELSS Tax Saver Fund

–

174.9

2.4

1.5

9.0

16.6

23.6

12.4

0.56

EQUITY – THEMATIC – INFRASTRUCTURE FUNDS

Taurus Infrastructure Fund

–

60.5

2.4

1.5

-0.2

16.1

26.7

12.7

0.53

EQUITY – LARGE CAP FUNDS

Taurus Large Cap Fund

–

146.1

2.6

2.4

3.4

13.1

20.7

8.9

0.45

HYBRID – BALANCED ADVANTAGE FUNDS

Union Balanced Advantage Fund

–

19.2

1319

2.2

1.0

5.0

9.0

15.0

–

0.61

HYBRID – EQUITY SAVINGS FUNDS

Union Equity Savings Fund

–

16.3

131

2.0

1.4

5.3

7.3

10.3

–

0.54

EQUITY – VALUE FUNDS

Union Value Fund

–

25.8

268

2.5

1.1

6.1

16.0

27.4

–

0.65

HYBRID – EQUITY SAVINGS FUNDS

UTI Equity Savings Fund

–

17.7

641

1.7

0.6

7.0

10.4

13.6

–

0.82

EQUITY – SECTOR – PHARMA FUNDS

UTI Healthcare Fund

–

268.3

1057

2.3

1.2

20.1

19.8

28.5

10.7

0.80

EQUITY – THEMATIC – MNC FUNDS

UTI MNC Fund

–

353.7

2521

2.1

1.2

1.9

12.1

17.4

9.1

0.43

Source link

4 Diversified Equity Funds With Global Exposure

by Hansraj Agrawal | Mar 22, 2025 | Share Market

International funds offered by domestic mutual funds have delivered impressive returns in recent years, effectively diversifying portfolios for Indian investors. However, regulatory constraints on foreign stock investments by these funds present significant obstacles for investors.

Among the 74 dedicated international funds, only some are open for subscriptions at any given point in time, based on available regulatory headroom. Often investors find funds open at market highs but closed when they want to capitalise on a decline. The recent six-month correction in Indian markets has lowered valuations in segments such as large-cap stocks to more reasonable levels in India.

Some sector indices have retreated by up to 30 per cent, while the Nifty 50 has declined 10 per cent from its September 2024 peak, bringing its P/E ratio down from 24.3 to 20. The domestically-driven and politically stable Indian economy also seems a safer bet than the US, in these times of high uncertainty.

For investors seeking international exposure from India, prospects for the US have turned more cloudy due to trade policy uncertainty, expectations of a slowdown, and a reassessment of prospects for the still-expensive tech sector. Chinese equities have become more attractive with policy support and economic stabilisation, while European markets benefit from cooling inflation, potential ECB rate cuts, and resilient growth.

All this calls for a shift in strategy for Indian investors seeking global diversification. Rather than bet on Nasdaq or US-focused funds at this juncture, funds which combine 65 per cent domestic equities with upto 35 per cent international stocks seem a safer bet.

Currently there are 47 funds that allocate at least 65 per cent to Indian equities while diversifying a portion of their assets internationally.

These funds strategically maintain a minimum 65 per cent allocation to domestic equities for a favourable tax treatment compared to dedicated international funds.

We cherry-picked the following four funds which adopt value and quality investment approaches while diversifying across global markets, styles which could work well in a risk-averse market. Funds following the value style perform well during market corrections by investing in fundamentally strong yet undervalued stocks and quality funds tend to focus on companies with solid balance sheets and strong cash flows.

Parag Parikh Flexi Cap Fund

This fund has distinguished itself in the flexicap category by delivering consistent long-term returns. Its value investment approach, strategic international allocation and well-timed cash positions have made it a category leader. Historically, up to 30 per cent of its portfolio was invested internationally, though this allocation varies based on market conditions and regulations. Over the past five years, its international exposure has grown dramatically from ₹568 crore to ₹11,352 crore as of February 2025. The fund primarily invests in prominent US technology companies including Alphabet, Amazon, Facebook, and Microsoft. However, its international stock allocation has decreased from 30 per cent to 12 per cent over the past three years. The fund’s five-year annual return of 29 per cent has outperformed the category average of 23 per cent.

Templeton India Equity Income Fund

It targets companies offering attractive dividend yields between 3-5 per cent annually, selecting opportunities from both domestic and international markets. High-dividend-yield stocks are often from stable, well-established companies, making them less volatile and more resilient during market downturns. Its international exposure has fluctuated between 12-19 per cent over five years (currently 13 per cent), though it can invest up to 50 per cent internationally. The fund invests mainly on emerging markets like China, Korea, and Taiwan. Its top three international holdings are MediaTek, Novatek Microelectronics Corp, and Hon Hai Precision Industry. Over five years, it has delivered an annual return of 31 per cent, surpassing the category average of 28 per cent.

DSP Value Fund

Launched in December 2020, it employs a strategic allocation of two-thirds Indian equities and one-third international investments. The fund adheres to a value-focused philosophy that prioritises quality companies at attractive valuations across all markets. Its international portfolio maintains broad diversification across multiple sectors including technology, healthcare, industrials, and energy, as well as regions including the US, Europe, China, Taiwan, and Canada. Current top international holdings include Berkshire Hathaway, Microsoft, Alibaba, Tencent, and Brookfield Corporation. Over three years, it has delivered an annual return of 15 per cent, slightly underperforming its category average of 16 per cent.

SBI Focused Equity Fund

The fund has consistently maintained international equity exposure between 5 and 15 per cent over the last five years. Its current overseas portfolio, representing about 13 per cent of total assets, is concentrated in three key holdings: Alphabet Inc A, EPAM Systems Inc, and Lonza Group AG. The management strategically increases international allocation when these markets offer more attractive valuation and liquidity profiles compared to domestic opportunities. Though recent performance has lagged somewhat due to its growth and quality-focused approach within a large-cap mandate, the fund’s long-term track record remains impressive, delivering a 10-year annualised return of 13 per cent that surpasses the category average of 12 per cent.

Source link

Why this veteran bluechip fund is a great fit for the current market

by Hansraj Agrawal | Mar 22, 2025 | Share Market

In the market correction over the past 5-6 months, there has been a significant disparity in how frontline indices have fallen and the way valuations have panned out.

While the large-cap indices have declined about 15 per cent over this period, the mid and small-cap benchmarks have fallen by 25 per cent or more.

However, this correction has resulted in the Nifty 50 and Nifty 100 seeing their PE multiples go below 20 times, while the mid and small-cap indices still trade well above 25 times.

So, large-caps have relative valuation comfort and may be the first to recover when the market regains its momentum.

In this regard, HDFC Large Cap (HDFC Top 100 earlier) is a fund that investors can consider from a long-term perspective of at least 7-10 years.

The fund has a very long track record of operations since 1996 and has delivered healthy benchmark beating returns over the long term.

Taking the SIP route for exposure to the fund would help average costs and reduce portfolio volatility.

Steady outperformer

HDFC Large Cap has outperformed the Nifty 100 TRI over the past decade or so, when medium to longer timeframes are considered.

In the past 3-year, 5-year and 10-year timeframes, the fund has delivered 15.9 per cent, 26.6 per cent and 12.4 per cent, respectively, on a point-to-point basis.

When five-year rolling returns over the period March 2018 to March 2025 are considered, the fund has delivered mean returns of 16.5 per cent. For comparison, the Nifty 100 TRI delivered average returns of 15.4 per cent.

Also, in the aforementioned period, on a 5-year rolling basis, the scheme has beaten its benchmark Nifty 100 TRI over 97 per cent of the time. It has delivered more than 12 per cent over 95 per cent of the time during this period and more than 15 per cent for nearly 69 per cent of the time.

The fund’s SIP returns (XIRR) over the past 10 years are healthy, at 14.7 per cent. An SIP in its benchmark Nifty 100 TRI would have returned 13.6 per cent over the same period.

All return figures pertain to the direct plan of the fund.

HDFC Large Cap fund has an upside capture ratio of 102.2, indicating that its NAV rises a bit more than the benchmark during rallies. The scheme has a downside capture ratio of 76.3, suggesting that the scheme’s NAV falls much less than the Nifty 100 TRI during corrections. A score of 100 indicates that a fund performs in line with its benchmark. These observations are based on data from March 2022 to March 2025.

Smart sector mix

HDFC Large Cap stays true to its investment mandate across timeframes. Therefore, large-caps account for 93-95 per cent of its portfolio. It avoids mid and small-cap exposure, unlike a few other schemes in the large-cap category that do to generate extra returns resulting in higher risks.

The exposure in large-cap stocks is reserved for the top few companies in any given sector. The portfolio has a value and GARP (growth at reasonable price) mix of styles. Almost all of the picks are from the Nifty 100 index.

Banks and IT software are the top couple of segments held by the fund across all timelines. In the current environment, especially after the recent fall in these sectors, there is likely to be more value available.

Other sectors in the fund are churned in response to market dynamics and segment potential. Currently automobiles and pharmaceuticals are key sectors in the portfolio.

Earlier petroleum products and finance companies figured prominently. Keeping exposures to the relatively lackadaisical FMCG sector at modest levels has ensured that the fund did not suffer underperformance.

The fund generally holds around 40-50 stocks in its portfolio. The portfolio is concentrated at the apex with the top 10 stocks accounting for over 58 per cent of the portfolio. But beyond that, the holdings get quite diffused across stocks.

Barring banks, sector holdings are usually in single digits, making the portfolio quite diversified.

HDFC Large Cap remains invested to the tune of 95-98 per cent, and rarely holds high cash and debt positions beyond 2-5 per cent.

The fund is suitable for investors with a medium risk appetite as a portfolio diversifier. Investors saving for financial targets that are 7-10 years away can opt for the systematic investment route.

Why invest

Delivers steady benchmark beating returns

Stays true to mandate on large caps, keeping risks moderate

Churns holdings smartly with value focus

Source link

« Older Entries

Next Entries »

Times Top News

Times Top News

Recent Posts

Recent Comments