With the merging options of investing money, mutual funds have been one of the best methods for investment. Large number of people are taking interest in mutual funds due to its various benefits and flexibility. However, there are many such service providers who offer various opportunities to invest in them in order to make profit and live a risk free life. Mutual funds are best way to secure the future of your children and your growing parents and to provide a highly protected and a better life for them.
Here are top 5 mutual funds provider in India
- ICICI Prudential Banking and Financial Services Fund
With a minimum investment of Rs. 5000, this mutual fund service is reliable for people looking for long-term capital investment in equity and its related services. This open-ended sectoral fund gives the investors an opportunity to assign his assets according to his sectorial preference. Although the risk is high, this mutual fund service provides a long term wealth creation solution for investors and to predominantly invest in equity further.
- Reliance Media & Entertainment
This open ended fund is designed with the aim of generating consistent returns by investing in equity and its related services as well as in media and entertainment industry. The top holders of this funds are Hathway Cable & Datacom, HT Media, Dish TV India, Zee Entertainment Enterprises, PVR, Network 18 Media & Investments, and Jagran Prakashan.
- SBI Magnum Sector Funds Umbrella
This fund is specially intended for investors looking for maximum growth opportunity through stock investments and other such related sectors in the Indian economy. It is also ideal for people who are looking for a long term investment. To meet you demands and suit your requirements, SBI Magnum Sector Funds Umbrella has various schemes and plans for its investors. Further, these funds are divided to 5 specific categories to meet your needs such as Information technology, FMCG, pharmaceuticals, emerging businesses, and Contrarian. The top holders of this fund are Kansai Nerolac Paints, Hindustan Unilever, Procter and Gamble Hygiene & Healthcare, United Spirits, Glaxo Smithkline Consumer, ITC, and more.
- Reliance Banking Fund
For regular growth of wealth and wise investment, reliance banking fund is ideal for people looking for a secured returns in future. The main objective or goal of this mutual fund is to generate continuous returns and invest in equity and its related services. The top investors are HDFC Bank, Canara Bank, Oriental Bank of Commerce, State Bank of India, Bank of Baroda, Federal Bank, and Axis Bank.
- Axis Equity Fund
Balance your life with the Axis Equity Fund and secure your child’s education or health of your family and loved ones. This gives you the opportunity of investing in Indian market and also provides the flexibility as well as a chance to increase your wealth in this high paced growth of Indian economy. In addition, this mutual fund is suitable for investment of 5 years and more to get the added value and returns after the termination period.