Why Equity Funds should be a part of your investment plan
Equity Funds are mutual funds that invest predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. These mutual funds are actively or passively managed. Equity Funds can also be divided as per Market Capitalisation, i.e. Large Cap, Midcap, Small or Micro Cap Funds. Another popular equity mutual funds are Index Funds and Sectoral / Thematic Mutual Funds.
- Ideal for building wealth over the long term
- Asset class with the highest potential gains, therefore come with the highest risk
- Large Cap funds invest in well-established companies known as Blue-chip. The aim of the fund is to generate steady capital appreciation and less volatility
- Large and Midcap funds invest in blue-chip and medium-sized companies. These funds have potential to generate higher return with additional risk of midcap companies
- Midcap funds invest in medium-sized companies that has potential to grow faster. These funds are ideal for high-risk investors because of the volatility during tough market conditions
- Multicap funds invest across large, mid and small sized companies. It covers overall potential of stock market as it has the flexibility to invest across market capitalization depending on opportunities
- Index funds are passively managed funds that mimic their benchmark. The investment in these funds is done in companies as per the weightage in benchmark like Nifty 50, BSE Sensex, etc.
Fund Returns
- Monthly SIP
- Lumpsum Investment
- 1 Year
- 3 Years
- 5 Years
- 10 Years
Mirae Asset Tax Saver Fund
Equity
ELSS-
₹47,360
-
18.67%
-
13.48%
-
2 / 37
BOI AXA Tax Advantage Fund
Equity
ELSS-
₹47,600
-
19.03%
-
13.48%
-
4 / 37
Canara Robeco Equity Tax Saver Fund
Equity
ELSS-
₹46,384
-
17.19%
-
13.48%
-
5 / 37
IDFC Tax Advantage (elss) Fund
Equity
ELSS-
₹51,014
-
24.02%
-
13.48%
-
6 / 37
Union Long Term Equity Fund
Equity
ELSS-
₹46,671
-
17.62%
-
13.48%
-
7 / 37
Axis Long Term Equity Fund
Equity
ELSS-
₹40,230
-
7.36%
-
13.48%
-
8 / 37
UTI Long Term Equity Fund (Tax Saving)
Equity
ELSS-
₹44,824
-
14.78%
-
13.48%
-
9 / 37
Kotak Tax Saver Fund
Equity
ELSS-
₹46,367
-
17.16%
-
13.48%
-
11 / 37
ICICI Prudential Long Term Equity Fund (Tax Saving)
Equity
ELSS-
₹45,499
-
15.83%
-
13.48%
-
12 / 37
Motilal Oswal Long Term Equity Fund
Equity
ELSS-
₹42,383
-
10.90%
-
13.48%
-
13 / 37
Invesco India Tax Plan
Equity
ELSS-
₹42,995
-
11.89%
-
13.48%
-
14 / 37
Principal Tax Savings Fund
Equity
ELSS-
₹46,240
-
16.97%
-
13.48%
-
15 / 37
Tata India Tax Savings Fund
Equity
ELSS-
₹44,464
-
14.22%
-
13.48%
-
16 / 37
Franklin India Taxshield
Equity
ELSS-
₹45,697
-
16.14%
-
13.48%
-
17 / 37
BNP Paribas Long Term Equity Fund-ELSS
Equity
ELSS-
₹41,710
-
9.81%
-
13.48%
-
18 / 37
SBI Long Term Equity Fund
Equity
ELSS-
₹45,411
-
15.69%
-
13.48%
-
20 / 37
L&T Tax Advantage Fund
Equity
ELSS-
₹42,388
-
10.91%
-
13.48%
-
21 / 37