The year 2019 is nearing its end. On the economic front, it was a very turbulent year. The stock market was seen making new records while filling up the sky and sometimes falling on its face. Despite this, the year has been rewarding for select investors of mutual funds. Equity mutual funds have given returns of up to 22.20 per cent during this year (till 27 November 2019). Today we will discuss 6 such mutual funds which have made investors rich by giving excellent returns during 2019.
Axis Bluechip Mutual Fund:
The Axis Mutual Fund’s Bluechip Scheme (Direct Plan) has given 22.20 per cent returns to investors over a year. Axis Bluechip Mutual Fund was launched on 1 January 2013. Since then, it has given 16.09 percent returns to investors. You can invest a minimum amount of Rs 5,000 in this fund. If you want to invest through SIP, then you can also invest a minimum of 500 rupees in it.
SBI Focused Equity Fund (Direct Plan):
This mutual fund, launched in January 2013, has given a return of 21.34 per cent during the year 2019. Meaning if you had invested Rs 100 in the beginning of the year, it would have been Rs 121.34 by now. Since its launch, the fund has given a return of 15.01 per cent. With this multicap fund, you can invest up to a minimum of Rs 5,000. At the same time, the minimum amount of investment through SIP is Rs 500.
Axis Focused 25 Plan (Direct Plan):
This mutual fund has given investors a return of 19.85 percent during 2019. Launched in January 2013, the fund has given 16.30 per cent returns so far. You can invest a minimum amount of Rs 5,000 in this fund and a minimum of Rs 1,000 through SIP.
Motilal Oswal Focused 25 Fund (Direct Plan):
This large cap fund with average risk has given investors a return of 18.49 per cent during 2019. Launched on 13 May 2013, the fund has given a return of 15.68 percent so far. You can start with a minimum investment of Rs 500 in this fund.
Canara Robeco Bluechip Equity Fund (Direct Plan):
This fund of Canara Robeco has given 18.10% returns so far this year (till 27th November). The fund was launched on 2 January 2013 and since then it has given a return of 13.35 per cent. You can invest a minimum of Rs 5,000 in this fund in the large cap category. At the same time, the minimum amount of investment through SIP is Rs 1,000.
Mirae Asset Emerging Bluechip Fund:
This fund has given a return of 17.72 percent in the year 2019. This fund of large and mid cap category has given a return of 23.54 per cent since 1 January 2013. You can invest a minimum amount of Rs 5,000 in this fund. At the same time, the minimum amount of investment through SIP is Rs 1,000.