In previous blog, we have already come to know that there are more than 4000 schemes of mutual fund available in Indian market to buy. So, choosing right fund is simply an uphill task for common investors.
So, we have to learn different categories of Mutual Fund available in market one by one with necessary illustration. Today, we will discuss one very popular category as given below....
Equity : Large Cap
So, we have to learn different categories of Mutual Fund available in market one by one with necessary illustration. Today, we will discuss one very popular category as given below....
Equity : Large Cap
- Money in this type of Mutual Fund is invested in equity / stock market.
- Money is invested in Companies which are of 'Large Cap' category in respect of their market capital.
- The companies are well known and popular.
- The risk factor is minimum in this type of Mutual Fund.
- Return on investment is very good and well above Fixed Deposit/ PPF/TD present in Indian market.
- Profit gained after minimum one year of investment is termed as' Long Term Capital Gain'.
- This long term capital gain is totally exempted from paying income tax.
Now, there are numbers of Mutual fund schemes from different mutual fund houses. We will discuss few good funds as examples of 'Equity: Large Cap' category.
- Mirae Asset India Opportunities Fund : Invests in companies like HDFC Bank, ICICI Bank, Indusind bank, Kotak Mahindra Bank, State Bank of India, Maruti Suzuki India, HDFC, Grasim Industries, ITC and Larsen & Toubro. Yearly return of this fund is roughly 29 % as on date.
- Motilal Oswal Most Focussed 25 Fund : Invests in companies like HDFC Bank, Kotak Mahindra Bank, Maruti Suzuki India, HDFC, ABB, Bajaj Finserv, Eicher Motors, Max Financial Service, Container Corporation & Britannia Industries Yearly return of this fund is roughly 19 % as on date.
- DSP Black Rock Focus 25 Fund : Invests in companies like HDFC Bank, ICICI Bank, Indusind bank, State Bank of India, Maruti Suzuki India, ITC,BPCL, Infosys, Tata Steel and Tata Motors. Yearly return of this fund is roughly 18 % as on date.
- Birla Sun Life Frontline Equity Fund : Invests in companies like HDFC Bank, ICICI Bank, Indusind bank, Kotak Mahindra Bank, State Bank of India, Maruti Suzuki India, Grasim Industries, ITC, Tata Motors, Reliance industries and Infosys. Yearly return of this fund is roughly 24 % as on date.
The examples are given above for your easy understanding. There are other good funds available in this category, which may be found easily in the internet with the help of ' the great Google' . Your research will enrich you.
Happy Investing !!!
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