The stock markets are rising like the only limit is the sky. The Indian bourses are rallying upwards in an unbridled and unphased manner. The markets are soaring in green for at least 4 days a week. The bull-run is strong and steady.
With an optimistic outlook on the Indian economy, a slew of DII’s and FDI are infusing unbelievable capital into the Indian markets. Not only institutions, the Indian citizens are also making humungous investments into the Indian market.
A slew of mutual funds and SIP’s are becoming an attractive option for investment across India. Mutual fund companies, brokerages are breaching their own revenue expectations and making solid profits, given the positive atmosphere in the Indian population.
Here are some funds which can become your door to abundant fortune.
Kotak Select Focus Fund: Returns of 31.99 percent, 14.21 percent and 19.84 percent for one year, three years and five years respectively.
L&T Midcap fund: Returns of 50.13 percent, 22.24 percent and 28.53 percent for one year, three-year and five-year respectively.
Aditya Birla Sun Life Pure Value: 52.46 percent, 20.59 percent and 29.65 for one year, three-year and five-year respectively.
Motilal Oswal Most Focused: 40.2 percent returns for a year and 20.06 percent for three-years.
Reliance ETF Junior BeES: Returns of 43.92, 18.41 percent and 20.05 percent for one year, three-years and five-years respectively.
ICICI Prudential Nifty Next 50: 43.3 percent, 18.06 percent, and 19.77 percent returns in the first year, third and the fifth year respectively.
Franklin India Income Builder: 7.52 percent, 8.39 percent and 9.03 percent returns for one, three and five years.
SBI Regular Savings Fund: 7.35 percent, 9.28 percent, and 9.56 percent returns in the first, third and fifth year respectively.
IDFC Tax Advantage Fund: 51.71 percent, 17.56 percent and 21.48 percent in one-year, three-year and five-year respectively.
L&T Tax Advantage Fund: As high as 42.43 percent, 16.36 percent and 19.47 percent in the one-year, third and fifth-year respectively.