Best open ended mutual fund schemes and options in 2013 in India


Are you looking to invest in mutual funds? Here is a detailed list of all the best open ended mutual fund schemes in India, running in the financial year 2013-2014. Read more to learn about the details of these Indian mutual funds open ended schemes and options.

Out of the scores of mutual fund schemes and plans in India it is often quite difficult to pick up the right plan for you, more so if you are a beginner in the field of mutual fund investments and are yet to thoroughly understand the manifold complexities associated with it. There can be two types of mutual funds, open ended and close ended. Here we have provided a list of some of the best open ended mutual fund schemes in India. It is quite difficult to prepare a list like top ten open ended mutual fund schemes in India because the market is ever fluctuating. Nevertheless, we have made an attempt to analyse the present market and situations of mutual fund investments in India, considering the NAV, assets and returns, as well as market risks that is always associated with it, and thereby prepare a list for you. This is not the final judgement about the smartest open end mutual fund schemes, but this will certainly offer some help.

We have also tried to avoid the statistical complexities that are the trademarks of an archetypal investment website, and often ends up in scaring away a beginner. We have just given details enough to make you understand about the present situation of various open ended mutual fund schemes in India, and thereby let you choose among them. If you are looking for further details, you can always do so by asking for a literature from them!

Top 10 open ended mutual fund schemes in India in 2013


  • Axis Short Term Fund latest NAV and returns: If you are thinking of an investment policy of 6 months or more, the low risk Axis Short Term Fund can be a good option for you. An attractive feature of this fund is high liquidity. If you have a valid and logical redemption request you can draw your money within one or maximum two business days.

    NAV as on 15-07-2011: 10.882. NAV growth as on 15-07-2011: 0.12%. Minimum Investment: Rs 5000. Returns: 1 month - 0.9%, 3 months - 2.3%, 6 months - 4.6%, 1 year - 6.7%

  • Baroda Pioneer Income Fund latest NAV and returns: By investments in fixed income securities of good quality, Baroda Pioneer Income Fund can yield some regular income, while keeping a steady balance between returns and risks.

    NAV as on 15-07-2011: 15.592. NAV growth as on 15-07-2011: 0.03%. Minimum Investment: Rs 2000. Returns: 1 month - 0.4%, 3 months - 0.9%, 6 months - 2.9%, 1 year - 6.7%

  • Birla Sun Life 95 latest NAV and returns: By skilfully balancing between the growth offered by equity and the safety provided by debt, Birla Sun Life 95 can give you good returns at a moderate risk. However, it is not preferable if you are looking for low risk investments.

    NAV as on 15-07-2011: 313.960. NAV decrease as on 15-07-2011: 0.01%. Minimum Investment: Rs 5000. Returns: 1 month - 2.0%, 3 months - Minus 0.3%, 6 months - 2.2%, 1 year - 5.7%

  • BNP Paribas Money Plus Fund latest NAV and returns: The BNP Paribas mutual fund is yet another good open ended mutual fund scheme, more so if you are investing for a short time.

    NAV as on 15-07-2011: 14.998. NAV growth as on 15-07-2011: 0.03%. Minimum Investment: Rs 10000. Returns: 1 month - 0.7%, 3 months - Minus 2.1%, 6 months - 4.3%, 1 year - 7.7%

  • Canara Robeco Balance latest NAV and returns: If you are looking for long term capital investment, this could be a good option. It generates income from a portfolio of equity and fixed income securities.

    NAV as on 15-07-2011: 53.890. NAV decrease as on 15-07-2011: 0.06%. Minimum Investment: Rs 5000. Returns: 1 month - 2.5%, 3 months - 1.1%, 6 months - 3.4%, 1 year - 4.9%

  • HDFC Long Term Equity Fund NAV and returns: Honoured as the CRISIL Mutual Fund Rank 2 in the Open End Diversified Equity Schemes out of 69 good open end mutual fund schemes in India, the HDFC Long Term Equity Fund generates income from both equity and fixed income securities, and is a good option for mutual fund investment in India.

    NAV as on 15-07-2011: 16.572. NAV decrease as on 15-07-2011: 0.31%. Minimum Investment: Rs 5000. Returns: 1 month - 2.0%, 3 months - Minus 0.3%, 6 months - 3.5%, 1 year - 7.4%

  • HSBC Unique Opportunities Fund NAV and returns: HSBC Unique Opportunities Fund aims at enhancing returns over a longer duration of time at a higher risk. If you can afford to take risks, this is a good option for you.

    NAV as on 15-07-2011: 10.743. NAV decrease as on 15-07-2011: 0.16%. Minimum Investment: Rs 10000. Returns: 1 month - 2.4%, 3 months - Minus 3.9%, 6 months - Minus 5.8%, 1 year - 1.4%

  • SBI One India Fund NAV and returns: Good for both short and long term investments and is subject to lesser market risk.

    NAV as on 15-07-2011: 10.690. NAV decrease as on 15-07-2011: 0.19%. Minimum Investment: Rs 10000. Returns: 1 month - 3.3%, 3 months - Minus 1.7%, 6 months - Minus 2.2%, 1 year - 4.1%

  • UTI India Lifestyle Fund NAV and returns: A popular theme based equity fund and a good option for investments.

    NAV as on 15-07-2011: 12.440. NAV decrease as on 15-07-2011: 0.16%. Minimum Investment: Rs 5000. Returns: 1 month - 5.4%, 3 months - 6.3%, 6 months - 8.6%, 1 year - 11.9%

  • Sahara R.E.A.L. Fund NAV and returns: Though subject to moderately high market risks, Sahara R.E.A.L. Fund is fast coming up as one of the popular open ended mutual funds for investments. You can try it for sure.

    NAV as on 15-07-2011: 7.934. NAV decrease as on 15-07-2011: 0.01%. Minimum Investment: Rs 5000. Returns: 1 month - 1.4%, 3 months - Minus 3.4%, 6 months - Minus 4.3%, Minus 1 year - 5.6%


Various open ended mutual fund schemes in India


Apart from all these, you can also try investing in some more open ended mutual fund schemes and options in India as has been listed below:

  • JM Agri & Infra Fund NAV and returns
  • JM Equity NAV and returns
  • Kotak Global Emerging Market Fund
  • Kotak Indo-World Infrastructure Fund
  • LIC MF Infrastructure Fund
  • LIC MF Top 100 Fund
  • Principal PNB Long Term Equity Fund
  • PSU Bank Benchmark Exchange Traded Scheme
  • Reliance Long Term Equity Fund
  • Religare Infrastructure Fund
  • Religare Mid Cap Fund
  • SBI Infrastructure Fund
  • SBI Magnum Balanced Fund
  • SBI Tax Advantage Fund
  • Sundaram BNP Paribas Equity Multiplier Fund
  • Tata Balanced Fund
  • Tata Indo-Global Infrastructure Fund
  • UTI Gilt Advantage Fund


Please Note: All lists are alphabetical and do not indicate any ranking of any sort. All figures indicate the statistics available and applicable for 15th July 2011, or the latest information that could have been acquired, whichever is later. This is not a complete list of all open ended mutual fund schemes and options in India, but only a custom selection. We strive to provide correct information, however InvestmentPaths.com shall not be liable for any loss due to misinformation. You are requested to check the NAV and the returns from the official websites of each mutual fund company.


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