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What else can you ask for when you have the best scheme to buy in the recommendation list and it suits you completely? The top ranking mutual funds provide the same benefit to the investors. Among a large number of mutual fund options available, the list provides a brief description of the top ranked funds in all the categories. You just need to select the category for your investment, and it’s done. You will find the best scheme recommendation and you just have to invest in them to gain higher returns.
What Does Top Ranked Funds Denote?
The top ranking mutual funds in India list down all those schemes which are rated higher in the industry and stand to offer the opportunity of gaining superb returns. The list is based on the CRISIL rating which is one of the renowned rating agencies in India and hence there is no room for doubt. It provides a ready made solution to all the investors for the purpose of buying the best performing fund for their portfolio. The schemes falling in the top ranked mutual funds category are selected on the basis of the following factors –
Asset category of the funds
Net Asset Value (NAV)
Rating assigned by CRISIL
Average returns in the past three & five years
Accordingly, the data and the rankings are completely reliable and can be considered while making the choices for the investment portfolio.
Should You Buy Top Ranking Mutual Funds?
You might be having a question in mind that whether these top ranking funds suit your requirement. The only answer to this is that the list of these funds includes schemes of all categories and asset management companies. You can select the particular category in which you are intending to invest, say equity, and then from the list of top ranking equity schemes, you can choose the fund which matches your investment requirements to the fullest. The one thing that you can be sure of is that all the schemes that you opt for your portfolio from these top ranked funds shall be high-yielding and be proved beneficial for your portfolio.
What Does the Rating Reveal About the Fund?
The mutual fund rating is basically a measure of fund’s historical risk-adjusted returns over different time frames as compared with different funds of the same category. It defines the composite measure of risk and returns which in turn gives an idea about the ability of the funds to deliver the expected returns while considering a given level of risk. The ranking which is based on the past three and five-year returns essentially serves to provide a snapshot of the schemes and their performances in relation to the other funds of that class. It is a backward-looking mechanism on the basis of which the funds’ potential to generate future returns are presumed.
So now, you must have understood the concept behind the top-ranking mutual funds. You can choose the top ranked funds for your portfolio and aim at achieving your desired goals with surety. These funds are well-researched, and thus ensure yielding of expected returns over a period of time.
At MySIPonline, we also provide a complete list of these top ranking mutual funds which can be purchased online in a hassle-free manner. If you are intending to make a worthwhile portfolio for yourself, then you must get associated with us right away.