Best Equity Mutual Fund for Investment in 2019

A year ago, many distributors of mutual funds were strongly recommending the small-cap and mid-cap funds. The NAV had already ran a lot and some small cap mutual fund schemes stopped accepting money from investors. Most small and mid-cap funds have generated negative returns over the last one year, while the large caps have generated spectacular returns in 2018.

However, it would not be fair to guess which would be the best performing mutual fund scheme in 2019, we have set a good track record for some large cap funds. One reason for this is that due to the general elections this year, huge volatility in the markets can be seen. Here are some good equity mutual funds to invest in 2019:

SBI Equity Fund

SBI Equity manages over Rs 20,000 crore and is a big cap fund. Like most of his colleagues, the fund has given negative returns in the last one year and better returns in 3 and 5 years. Actually, the fund has given returns of 4.09% in the last one year and 15.88% in the last 5 years. SBI funds have a very strong hold in funds like HDFC, HDFC Bank, L & T, which hold about 9 per cent stake. Most of the above mentioned stocks are less volatile and therefore have the potential to absorb the market's falling position. With an initial investment of Rs 5000 and then with a minimum of Rs 500, one can invest in the fund through a SIP route. Under the development plan, net asset value is currently Rs 37.23, while dividend scheme is Rs 21.18.

Reliance Loan Cap Fund

It is also a fund that invests money in the Large Cap Fund. Like SBI equity, the fund has given less returns in the last one year, while the returns of 3 and 5 years have been fantastic. The return of 1 year is flat, while the 5-year return is close to 17 percent. The top three holdings of the Reliance Large Cap Fund include SBI, Larsen and Axis Bank. Under the development plan, the net asset value is Rs 33.2671, whereas the dividend scheme is Rs 15.32. It can also invest through SIP, in which the initial amount is Rs 5,000 and later to Rs 500. It is one of the better equity mutual fund schemes to invest in 2019.

ICICI Prudential Bluechip Fund 

ICICI Prudential Bluechip Fund can also be considered, whose corpus size is around Rs 20,000 crore. The fund has given a negative return of 0.80% in the last one year, while the five-year return is 14.83%. 100 rupees can be invested through minimum SIP every month in the fund. For a long-term perspective, this fund can give good returns. Under the dividend scheme, the current NAV of the scheme is Rs. 22.44. There are many other large-cap equity mutual funds, such as HDFC Equity and Birla Sunlife Focused Equity Funds which should not be ignored.

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