12 mutual fund , high growth recommendatin. from chat GPT suggested.****
Here’s a curated list of 12 best-growing direct mutual funds (lumpsum investment) among the mentioned AMCs, focusing on a minimum investment horizon of 3 years. The funds are selected based on parameters such as 3-year CAGR (Compounded Annual Growth Rate), expense ratio, portfolio quality, fund size, and risk-reward balance.
1. SBI Funds Management
- Fund: SBI Small Cap Fund (Direct)
- 3-Year CAGR: ~37.57%
- Expense Ratio: ~0.74%
- Reason to Choose:
- Exceptional performance in the small-cap space.
- Focus on high-growth small companies with potential for long-term returns.
- Risk Level: High (Suitable for aggressive investors).
2. ICICI Prudential Asset Management Company
- Fund: ICICI Prudential Technology Fund (Direct)
- 3-Year CAGR: ~32%
- Expense Ratio: ~0.95%
- Reason to Choose:
- Exposure to India's growing IT sector.
- Beneficial in the ongoing digital transformation wave.
- Risk Level: High (Sector-focused).
3. HDFC Asset Management Company
- Fund: HDFC Mid-Cap Opportunities Fund (Direct)
- 3-Year CAGR: ~25%
- Expense Ratio: ~0.83%
- Reason to Choose:
- Strong focus on mid-cap companies with growth potential.
- Good track record in balancing risk and return.
- Risk Level: Moderate to high.
4. Nippon Life India Asset Management
- Fund: Nippon India Small Cap Fund (Direct)
- 3-Year CAGR: ~38%
- Expense Ratio: ~1.02%
- Reason to Choose:
- Consistent outperformance in small-cap category.
- Well-diversified portfolio of emerging companies.
- Risk Level: High.
5. Kotak Mahindra Asset Management Company
- Fund: Kotak Flexicap Fund (Direct)
- 3-Year CAGR: ~21%
- Expense Ratio: ~0.52%
- Reason to Choose:
- Flexibility to invest across large, mid, and small caps.
- Lower expense ratio compared to peers.
- Risk Level: Moderate.
6. Aditya Birla Sun Life Asset Management
- Fund: Aditya Birla Sun Life Digital India Fund (Direct)
- 3-Year CAGR: ~30%
- Expense Ratio: ~0.92%
- Reason to Choose:
- Focused on the growing tech and digital sectors.
- Potential for robust growth aligned with India's IT boom.
- Risk Level: High.
7. UTI Asset Management Company
- Fund: UTI Flexi Cap Fund (Direct)
- 3-Year CAGR: ~20%
- Expense Ratio: ~0.96%
- Reason to Choose:
- Well-diversified and dynamic portfolio management.
- Proven ability to adapt to market conditions.
- Risk Level: Moderate.
8. Axis Asset Management Company
- Fund: Axis Growth Opportunities Fund (Direct)
- 3-Year CAGR: ~18%
- Expense Ratio: ~0.65%
- Reason to Choose:
- Invests in large and mid-cap companies with consistent growth.
- Quality-focused portfolio.
- Risk Level: Moderate.
9. Mirae Asset Mutual Fund
- Fund: Mirae Asset Emerging Bluechip Fund (Direct)
- 3-Year CAGR: ~26%
- Expense Ratio: ~0.68%
- Reason to Choose:
- Focus on mid-cap and large-cap growth companies.
- Top-notch portfolio management and consistent returns.
- Risk Level: Moderate to high.
10. SBI Funds Management
- Fund: SBI Focused Equity Fund (Direct)
- 3-Year CAGR: ~20%
- Expense Ratio: ~0.69%
- Reason to Choose:
- Concentrated portfolio with high conviction bets.
- Strong track record of outperforming benchmarks.
- Risk Level: Moderate.
11. ICICI Prudential Asset Management Company
- Fund: ICICI Prudential Midcap Fund (Direct)
- 3-Year CAGR: ~22%
- Expense Ratio: ~0.75%
- Reason to Choose:
- Focus on mid-cap companies poised for growth.
- Proven resilience during market fluctuations.
- Risk Level: Moderate to high.
12. HDFC Asset Management Company
- Fund: HDFC Small Cap Fund (Direct)
- 3-Year CAGR: ~34%
- Expense Ratio: ~0.85%
- Reason to Choose:
- Exceptional returns in the small-cap space.
- Experienced fund management.
- Risk Level: High.
Selection Parameters
- 3-Year CAGR: To evaluate consistent growth potential.
- Expense Ratio: Lower expense ratios maximize net returns.
- Risk-Reward Balance: Balanced between aggressive and moderate funds.
- Portfolio Diversification: Funds spread across sectors and cap sizes.
- Fund Size: Ensures liquidity and operational efficiency.
- Past Performance: Historical stability and resilience in downturns.
- AMC Reputation: Strong governance and fund management expertise.
Next Steps for Lumpsum Investment
- Choose an AMC: Select one or more funds from the list based on your risk appetite and goals.
- Download Investment App: Use Groww, Zerodha Coin, or ET Money for direct investment.
- KYC Registration: Complete online KYC through the app.
- Fund Transfer: Use net banking or UPI to transfer your lump sum amount.
- Monitor Regularly: Review fund performance every 6-12 months.
- Stay Invested: Maintain at least a 3-5 year horizon for optimal growth.
Would you like detailed guidance on investing through an app or further analysis on specific funds?