Top Mutual Funds For 2011 India

A lot of financial companies have started their mutual fund operations in india. Many of these companies have introduced a lot of new schemes. Each scheme has its own benefits and rules. Some of the top companies are Reliance, Franklin Templeton, HDFC Asset Management Company and SBI mutual fund. Selecting the Fund Company and the scheme is very important. This decision is based on many factors. For selecting the fund company, following factors has to be checked.

The history, profits, location, Managing director and fund manager of the company are the factors. The factors for selecting the mutual scheme are returns of the scheme and the minimum investment amount required. The returns should be checked for 1 year, 3 years and for 5 years. The profile of the manager should also be checked. It enables you to get an idea about the decision making skills of the fund manager at crucial times. There are many types of schemes. Most common is the equity and the debit schemes. You have to select from the various options available. Debit schemes are common in India. If you want to invest in small amounts, then you can opt for SIP plans. Monthly investments can be made in SIP plans. Lots of websites provide complete information about fund companies and various schemes.

Some of the top schemes that performing well in 2010 are Birla SL Dividend Yield, UTI Master Value Fund, IDFC Midcap and Small Equity, ICICI Pru Discovery Fund and DSP BR Micro Cap fund. For ICICI Discovery Plan, the minimum investment is 5000 rupees. The absolute return percentage is around 80%. The absolute return of the first quarter of 2010 is around 5.0%.

Next Step: Learn the procedures to Invest and Start Investing.