Mutual funds refer to collective investment undertakings where a pool of money is collected from several investors and managed by professionals or experts- called fund managers. The amount is invested into various asset types, such as shares or stocks in companies, U.S. government bonds, and other securities based on the fund's stated objective. The profits generated from these investments are distributed proportionately among the investors after deducting applicable expenses and charges..
Mutual Funds from Motilal Oswal offer a variety of investment solutions that cater to the various financial needs and objectives of investors. The philosophy of Motilal Oswal is based on “Buy Right: Sit Tight” which focuses on buying quality companies and holding them for a long time. This approach identifies stocks with characteristics such as quality of business and management, growth in earnings, longevity of competitive advantage, and attractive prices. Motilal Oswal’s approach to investments aims at delivering sustainable long-term returns to
SIP Booster:
Motilal Oswal’s SIP Booster allows mutual fund investors to increase their Systematic Investment Plan (SIP) amount gradually, thus helping them achieve even higher goals for wealth creation. Investors can turn on the SIP Booster, and the action will enable them to enhance their investments through SIP whenever they feel like they have been able to put in more money.
Under the Fixed Amount Benefit plan (FAB), one can opt for a systematic withdrawal option (SWP) that enables an investor to withdraw a fixed amount at regular intervals during a specified tenure. Percentage withdrawals can be customized, selecting annually, quarterly, or monthly.
MOVI assists investors in understanding market valuation dynamics based on price indices and by considering factors such as price-earnings ratio (P/E Ratio), price-to-book ratio (P/B Ratio), dividend yield, and more.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| Motilal Oswal Midcap Fund | Equity | 53.0% |
| Motilal Oswal Large and Midcap Fund | Equity | 45.4% |
| Motilal Oswal ELSS Tax Saver Fund | Equity | 47.8% |
Bajaj Finserv Asset Management Limited is a wholly-owned subsidiary of Bajaj Finserv Limited. It offers a wide range of innovative products and investment schemes that help to swiftly diversify portfolios across fixed-income, equity, and hybrid funds. Bajaj Finserv Asset Management Limited ensures that it designs creative investment solutions to enable investors to achieve their financial targets. It offers liquid funds but there are also overnight funds as well as money market funds, flexi cap funds, arbitrage funds, balanced advantage funds, and large & mid-cap funds.
Bajaj Finserv has an array of mutual fund schemes suitable for all types of investors. Some of the top ones include Bajaj Finserv Flexi cap fund, banking and PSU fund, large and mid-cap fund, balanced advantage fund, liquid fund, money market fund, overnight fund, and arbitrage fund.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| Bajaj Finserv Flexi Cap Fund | Equity | NA |
| Bajaj Finserv Banking and PSU Fund | Debt | NA |
| Bajaj Finserv Large and Mid Cap Fund | Equity | NA |
Canara Robeco Mutual Fund is one of the well-established players in the Indian mutual fund industry with rich fund management experience, an extensive investor base, a widespread network in India and significant AUM (assets under management). It has over three decades of rich fund management experience, making it one of the oldest players in the Indian mutual fund industry.
Canara Robeco Mutual Fund manages investment mandates for a diverse range of investors with more than 46.43 lakh investors in different categories. Across India, Canara Robeco Mutual Fund operates through 23 branches. This widespread presence ensures accessibility and convenience for investors, allowing them to access Canara Robeco Mutual Fund's products and services conveniently.
RTA records indicate that Canara Robeco Mutual Fund manages assets worth 87,818.92 crores (as of 29th February 2024). The services of this mutual fund include starting a SIP (Systematic Investment Plan), accessing account statements, checking the latest NAV (Net Asset Value), receiving current values via SMS, or getting information about unclaimed redemptions and dividends.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| Canara Robeco Equity Tax Saver Fund | Equity | 11.6% |
| Canara Robeco ELSS Tax Saver Fund | Equity | 33.3% |
| Canara Robeco Bluechip Equity Fund | Equity | 33.4% |
Established in 2018, ITI Mutual Fund offers superior investment solutions that help generate long-term wealth-creation opportunities for investors. Led by an experienced team of researchers and fund managers who design thoughtful investment strategies that are investor-centric and run under the umbrella of AMC’s promoter called Investment Trust of India Ltd.
Despite being a recent mutual fund, ITI Mutual Fund leverages the expertise of its team members who have vast knowledge in equity and credit research and fund management. ITI Mutual Fund has 29 branches all over India to ensure easy access for investors. ITI mutual fund currently has 196 employees, making it poised to serve its clients better. It manages assets worth Rs.2762.02 crores as per the latest data, indicating that it is gaining market share and investor confidence in its products and services.
ITI Mutual Fund offers various mutual fund schemes under different categories, including debt, hybrid, and equity. Some of the top ones include ITI Banking and PSU fund, ITI large-cap fund, ITI liquid fund, ITI small-cap fund, and others.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| ITI Banking and PSU Fund | Debt | 7.6% |
| ITI Banking and PSU Debt Fund | Debt | 6.9% |
| ITI Ultra Short Duration Fund | Debt | 7.4% |
Quant Mutual Fund was established in 1996 and has experience spanning more than 20 years in asset management. Quant Mutual Fund has been employing predictive analysis and flexible asset allocation towards developing its investor-centric approach.
It navigates through various market cycles by utilizing a dynamic and active investment style coupled with predictive analytics, leading it to emerge as one of the best-performing AMCs. Its products cover equity, tax-saving funds, debt, or hybrid categories, allowing investors to diversify their investments across different asset classes.
Its focus on cross-asset, cross-market investment knowledge reflects its determination to create wealth for its clients. As of now, Quant Mutual Fund manages Rs. 6,506 crores in assets under management.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| Quant Infrastructure Fund | Equity | 69.8% |
| Quant Mid Cap Fund | Equity | 64.4% |
| Quant Tax Plan Fund | Equity | 25.8% |
Mahindra Manulife Mutual Fund is a joint venture of Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Pte. Ltd. It has become a major player in the Indian mutual fund industry. Mahindra Manulife Mutual Fund operates with a customer-centric approach, focusing on fulfilling customer goals and delivering value to investors. Its range of funds includes multi-cap, large, midcap, flexicap, smallcap, aggressive hybrid, and ELSS (Equity Linked Savings Scheme), among others. As per recent available financial figures, as of 30 June 2023; Mahindra Manulife Mutual Fund’s impressive Asset Under Management (AUM) stands at over Rs 10,984.71 crore, indicating confidence and trust that investors have placed in it.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| Mahindra Manulife Liquid Fund | Equity | 7.3% |
| Mahindra Manulife Focused Fund | Equity | 48% |
| Mahindra Manulife Large Cap and Mid Cap Fund | Equity | 49.4% |
ICICI Prudential Asset Management Company Limited, one of India’s largest and most respected mutual funds, has been operating for over 20 years. With a solid investor base exceeding 62 lakh and impressive assets under management of INR 4,80,992.70 crores (as of October 31st, 2021), ICICI Mutual Fund has positioned itself as a credible alternative for those seeking to create wealth.
Focused on equity, debt, hybrid, sectoral/thematic funds, among others, and ELSS (Equity Linked Savings Scheme), ICICI Prudential Mutual Fund offers a range of 68 mutual fund schemes across diverse classes. ICICI Mutual Fund’s main aim is to narrow the investment-savings gap. The fund seeks to provide convenient and investor-friendly investment solutions for long-term wealth creation. Investing in ICICI Prudential Mutual Fund is both convenient and accessible. Investors can choose to invest online or offline in India.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| ICICI Prudential Bharat 22 FOF Fund | Other | 63.4% |
| ICICI Prudential Retirement Fund | Solution-oriented | 65.5% |
| ICICI Prudential Large and Mid Cap Fund | Equity | 43.7% |
Nippon India Asset Management Limited (formerly known as Reliance Nippon Life Asset Management Limited) serves as the investment and asset manager of Nippon India Mutual Fund (NIMF). On September 28, 2019, the company rebranded to Nippon Life India Asset Management Limited, reflecting its association with Nippon Life Insurance Company. This transformation was officially incorporated on January 13, 2020. With over 73% stake in the AMC's issued and paid-up equity share capital, Nippon Life Insurance Company brings stability and credibility to the mutual fund's operations.
Nippon India Mutual Fund provides several investment opportunities through 124 mutual fund schemes spread across different categories such as equity, debt, hybrid, sectoral/thematic as well as index funds. The investor base has a wide range of options with this extensive range that suit investment requirements and risk appetites.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| Nippon India Large Cap Fund | Equity | 43.6% |
| Nippon India Strategic Debt Fund | Debt | 8.6% |
| Nippon India Ultra Short Duration Fund | Debt | 7.8% |
JM Financial Mutual Fund is one of the pioneering privately held mutual funds in India, tracing its roots back to the founding of JM Financial Group, which enjoys a long and rich history in the Indian financial service industry. From 1993-94 onwards, JM Financial Mutual Funds has been offering innovative and value-oriented investment solutions. The journey of JM Financial Group began during the early years after independence when the founders realized the significance of emerging capital markets. The first finance company under this group, JM Financial & Investment Consultancy Services, formed in 1973, lays down a course for further pursuit into the financial sector.
Over the years, JM Financial Group expanded its footprint and diversified its offerings. In 1986, JM Share & Stock Brokers was established, paving the way for JM Financial Asset Management Ltd., the AMC of JM Financial Mutual Funds.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| JM Flexicap Fund | Equity | 55.7% |
| JM Large Cap Fund | Equity | 44.1% |
| JM Value Fund | Equity | 54.5% |
Established on March 13, 2000, Bandhan Mutual Fund has swiftly emerged as one of the leading players in India's domestic mutual fund market. Bandhan Mutual Fund has Rs. 1,11,592.46 Crores as Assets Under Management (AUM) as of March 2023.
The acquisition of IDFC Asset Management Company by Bandhan Mutual Fund was a major milestone for Bandhan Mutual Fund. This deal was carried out by Bandhan Financial Holdings Limited and led by ChrysCapital and Singapore’s Sovereign Wealth Fund GIC. IDFC Mutual Fund was, therefore, renamed as Bandhan MF in March 2023. It marks the transition point of the company to more successful heights and contributes to its expansion in the financial sector. Bandhan Mutual Fund offers seventy-six different mutual fund schemes catering to various investment needs of clients. These schemes consist of debt, equity, hybrid, and other categories which give investors enough options for diversification.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| Bandhan Tax Advantage (ELSS) Fund | Equity | 16.8% |
| Bandhan Sterling Value Fund | Equity | 43.9% |
| Bandhan Core Equity Fund | Equity | 50% |
WhiteOak Capital Mutual Fund is a well-regarded player in the field of asset management. It has established a unique position for itself by combining strategic investment practices with a customer-focused approach. Founded in 2017 by experienced investor Prashant Khemka, WhiteOak quickly established itself in the market.
At the core of WhiteOak’s philosophy lies a commitment to understanding the nuanced requirements of its investors. If you are a new or seasoned investor, it provides options tailored to diverse goals and risk tolerances. From equity to debt and hybrid funds, the firm’s offerings are designed to navigate the intricate dynamics of the market effectively.
The firm’s strength extends beyond its diverse fund selection. They rach investment decision is based on rigorous research and analysis. WhiteOak’s funds are managed by a team of experts who leverage their deep market insights to identify opportunities aligned with the ever-evolving economic landscape.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| WhiteOak Capital Ultra Short Duration Fund | Debt | 7.3% |
| WhiteOak Capital Ultra Duration Term Fund | Debt | 7.1% |
| WhiteOak Capital Ultra Short Term Fund | Debt | 7.1% |
Trust Mutual Funds, established in October 2019 and sponsored by Trust Investment Advisors Private Limited, offers a comprehensive range of mutual funds across various categories. Operating with a Limited Active Methodology in portfolio creation and services, it prioritizes quality, liquidity, and stability when selecting assets for its portfolios.
The company's underlying principles include creating portfolios within predefined parameters, optimizing portfolios using active management strategies, and conducting periodic evaluations to assess portfolio performance and influencing factors. With a focus on delivering consistent returns while managing risk effectively, the platform has gained recognition for its investor-centric approach and commitment to transparency.
Led by experts, it has a skilled team well-versed in capital markets. They manage various schemes like TRUSTMF Banking & PSU Debt Fund and TRUSTMF Short-Term Fund. These funds aim to meet the diverse needs of investors, offering lump sum and SIP options with a ₹1,000 minimum investment. It stresses delivering strong long-term returns while promoting efficient portfolio turnover and costs and they invest in efficient companies at attractive valuations.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| TRUSTMF Banking and PSU Fund | Debt | 7.6% |
| TRUSTMF Banking and PSU Debt Fund | Debt | 7% |
| TRUSTMF Banking and PSU Debt Fund | Debt | 7% |
NJ Mutual Funds, a major mutual fund distributor in India, received approval from SEBI to launch a mutual fund in April 2021. It's part of the NJ Group, which includes NJ India. NJ Mutual Funds is famous for its well-managed, quality-focused, and customer-centric investment management. By improving internal processes and technology, the NJ Group wants its clients to have an easy and valuable experience. Started in 2010, the group's portfolio management service (PMS) brings data-driven, rule-based investing methods to experienced clients. It highlights innovation and reliability in investment plans.
NJ Mutual Funds strives to offer different solutions. These solutions are developed carefully to meet the different risk-return demands of investors. It provide investors with a wide range of options. Investors can choose their method to invest in NJ Mutual Funds. They can do lump sum investments or, they can do SIPs. There is a minimum investment amount that depends on the fund they choose.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| NJ Overnight Fund | Debt | 6.7% |
| NJ Balanced Advantage Fund | Hybrid | 30.7% |
| NJ ELSS Tax Saver Scheme Fund | Equity | NA |
Samco Mutual Fund started in 2015. Jimeet Modi established it under Samco Securities. Over time, Samco Securities grew its services. It now has discount broking, commodities trading, and non-financial services through subsidiaries. It has a net worth of Rs. 978 Crores. Its total assets also increased impressively. The company serves over 1,00,000 clients across India through a widespread partner network. It shows commitment to innovation and technology with 5000+ partners in 100+ metro and non-metro cities. This ensures that investors can access services conveniently.
Samco Mutual Funds give access to diverse investments. Their skilled professionals carefully manage options like the Samco Flexi Cap Fund. Their goal is to provide long-term value and smart suggestions. Investors can pick mutual fund schemes suited to their goals and risk tolerance. However, minimum investments vary based on the chosen fund. Whether lump sums or SIPs, Samco allows wealth creation and financial growth through their mutual funds.
With schemes like the Samco Active Momentum Fund, Samco ELSS Tax Saver Fund, and Samco Flexi Cap Fund, investors have access to a variety of investment options across equity, debt, and hybrid categories.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| Samco Active Momentum Fund | Equity | NA |
| Samco ELSS Tax Saver Fund | Equity | 32.4% |
| Samco Overnight Fund | Debt | 6.7% |
Aditya Birla Sun Life Mutual Fund (ABSLMF) was established with the collaborative efforts of Aditya Birla Capital Limited and Sun Life AMC Investments, Inc., a leading Canadian financial service company. It was established in 1994 as Birla Sun Life Asset Management Company Limited. The company has grown into one of India's biggest asset management companies over time. Based in Mumbai, it has a 25-year history in the Indian financial market. Providing a diverse range of mutual funds for different investor needs. It is managing an average of Rs. 2.6 Lakh Crores in assets under management as of March 31, 2023.
ABSLMF provides many mutual funds for equity, debt, and ELSS. Their main aim is to increase mutual funds penetration in India. With over 83.2 million mutual fund folios, the company played a major role in industry growth. It has 7.9 million investor folios across 280+ locations nationwide. ABSLMF believes in transparency, simplicity, and accessibility. It aims to make mutual fund management easy for both investors and partners.
| Fund name | Category | 1 Year Returns |
|---|---|---|
| Aditya Birla Sun Life Medium Term Plan Fund | Debt | 8.1% |
| Aditya Birla Sun Life Medium Term Fund | Debt | 7.3% |
| Aditya Birla Sun Life Dynamic Bond Retail Fund | Debt | 8.2% |
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