Mutual Funds

Looking At SIPs For 2023? 4 Mutual Funds Rated 5-Star By Value Research

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Here are a list of mutual fund schemes rated as 5-star by Value Research. Some of these are also rated as No 1 by Crisil or 5-star as the case maybe.
Mirae Asset Emerging Bluechip Fund Growth This fund has been rated as 5-star by Value Research, while some others have rated it lower. The fund is a largecap fund and hence is better placed compared to small cap and midcap funds in terms of volatility. The fund’s holdings are largely skewed in favour of banking with its top 3 holdings being HDFC Bank, ICICI Bank and Axis Bank. The fund has generated a 3-year returns of around 20%. If you ask us, we don’t believe in the next three years the fund would be able to generate 20% returns. The only sensible thing to do right now would be to invest in SIPs markets are no longer cheap.   Quant Midcap Fund Growth This is another fund where the ratings by Value Research is 5-star. Interestingly, the fund has been rated as 5-star by rating agency Crisil as well. Unlike Mirae Asset Emerging Bluechip Fund, this is a midcap fund where the exposure to midcaps is high. Investing in midcaps can be more risky, as they tend to be more volatile. However, this fund seems to have the faith of many. The fund has holdings in Punjab National Bank, Escorts, Union Bank of India, Bosch, Canara bank etc. The fund has give a 3-year annualized returns of 36%, which is why the stock may have been well rated by analysts. Axis Small Cap Fund Growth This is another fund that has been rated as 5-star, but this time from the small cap category. The 3-year returns from the fund is 27.35%, which is pretty decent. Axis Small Cap Fund Growth has holdings in Fine Organics, Narayana Hrudayalaya, Galaxy Surfactants, Krishna Institute of Medical Sciences. About 82% of the holdings of the fund is in equities, with the remaining in debt and cash holdings. Investors must be informed that small cap funds are probably the most risky among mutual funds and hence investors who are risk averse should not invest. In any case as the markets are too high it is better to consider SIPs only. SBI Large and Midcap Fund, Growth If you are looking at exposure to both large and midcap stocks, this is the best mutual fund to invest. The fund has been rated as 5-star by Value Research. CRISIL too has rated the fund as 5-star. The 3-year returns from the fund has been 21% on an annualized basis. The current net asset value of the Fund is close to Rs 400. The fund has holdings in stocks like ICICI Bank, Infosys and Page Industries. Are they suitable for SIPs in 2023? Whether they are suitable for SIPs is not something we want to hazard a guess on. Markets are uncertain and we don’t want to be caught on the wrong end of things. It is better investors look at ratings from Morningstar, Value Research and the like, before arriving at any conclusion. Seek professional help if needed or if you are still confused.
This fund has been rated as 5-star by Value Research, while some others have rated it lower. The fund is a largecap fund and hence is better placed compared to small cap and midcap funds in terms of volatility. The fund’s holdings are largely skewed in favour of banking with its top 3 holdings being HDFC Bank, ICICI Bank and Axis Bank. The fund has generated a 3-year returns of around 20%. If you ask us, we don’t believe in the next three years the fund would be able to generate 20% returns. The only sensible thing to do right now would be to invest in SIPs markets are no longer cheap.
This is another fund where the ratings by Value Research is 5-star. Interestingly, the fund has been rated as 5-star by rating agency Crisil as well. Unlike Mirae Asset Emerging Bluechip Fund, this is a midcap fund where the exposure to midcaps is high. Investing in midcaps can be more risky, as they tend to be more volatile. However, this fund seems to have the faith of many. The fund has holdings in Punjab National Bank, Escorts, Union Bank of India, Bosch, Canara bank etc. The fund has give a 3-year annualized returns of 36%, which is why the stock may have been well rated by analysts.
This is another fund that has been rated as 5-star, but this time from the small cap category. The 3-year returns from the fund is 27.35%, which is pretty decent. Axis Small Cap Fund Growth has holdings in Fine Organics, Narayana Hrudayalaya, Galaxy Surfactants, Krishna Institute of Medical Sciences. About 82% of the holdings of the fund is in equities, with the remaining in debt and cash holdings. Investors must be informed that small cap funds are probably the most risky among mutual funds and hence investors who are risk averse should not invest. In any case as the markets are too high it is better to consider SIPs only.
If you are looking at exposure to both large and midcap stocks, this is the best mutual fund to invest. The fund has been rated as 5-star by Value Research. CRISIL too has rated the fund as 5-star. The 3-year returns from the fund has been 21% on an annualized basis. The current net asset value of the Fund is close to Rs 400. The fund has holdings in stocks like ICICI Bank, Infosys and Page Industries.
Whether they are suitable for SIPs is not something we want to hazard a guess on. Markets are uncertain and we don’t want to be caught on the wrong end of things. It is better investors look at ratings from Morningstar, Value Research and the like, before arriving at any conclusion. Seek professional help if needed or if you are still confused.