The best Mutual Fund picks are those schemes that one can invest in, with a long-term horizon. These schemes have a good performance track record and are also rated high by Value Research.
- Birla Mid Cap (Rating: * * * * – 4 Star)
The fund has never fallen below a 4-Star rating and has touched the coveted 5-Star status five times in its 17 month rating history! The corpus of this fund has risen by 76% since July 2006. The fund manager has shown a tendency to be different; it is one of the few funds that have moved away from financial and technology sector at a time when these sectors have emerged as a favourite of other funds.
- Franklin India Opportunities (Rating: * * * – 3 Star)
Being an opportunistic fund, the fund changes its complexion quite rapidly. The fund manager will not adhere to any market cap and will go wherever he finds opportunities. Currently 55% of the portfolio is in mid- and small-cap stocks. It has a relatively small portfolio of 33 stocks with construction sector as its top holding, accounting for 18%. Looking at the pedigree of the fund house and the fund manager, this one has the potential to come up with great ideas and deliver good results.
- SBI Magnum Global (Rating: * * * * * – 5 Star)
The fund has been outperforming in its category in almost all quarters since 2004. it was ranked the first and second in its category in 2004 and 2005 respectively. The fund is skillfully managed with a judicious balance of good stock picking, diversification, and timely sector shifts. This one is a worthy choice for mid-cap admirers.
- Reliance Growth (Rating: * * * * * – 5 Star)
The largest mid-cap fund with asset under management of over Rs. 3,500 crore, Reliance Growth has been beating its peers by an impressive margin for the past so many years. Over the past 6 months, this fund has increased exposure in metals, while paring holdings in engineering, technology, and financial services.
