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Top equity funds for 2013

  • Dailybhaskar.com
  • Jan 07, 2013, 23:28 PM IST
Top equity funds for 2013
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New Delhi: 2013 is well underway and this year is one of the most crucial for the financial future of the country. The conomy will be expected to take off, and revive the investment climate, hence there is no doubt a high hope future to better market returns. In fact this is the ideal time for retail investors who are looking for to cash in for their medium term and long term goals. The reason for the same is, though the current situation is still a bit volatile, in the future it will all change for the better. Hence if invested through mutual funds, the returns could be plentiful. Hence, here is the best of the ones you can get for 2013.

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SBI Emerging Businesses Fund (G)
 
Those looking at shorter term gains, SBI Emerging Businesses Fund could be the perfect pick of the lot. Though majority of their holdings are in small and mid cap companies, performances over shorter durations have been fairly impressive. Major holdings include Cairn India, Spice Jet, Muthoot Finance, and Goodyear. Banking and finance, along with automotive, oil and gas are the industries the fund looks to mainly invest in. 
 
Minimum investment: Rs 2,000
NAV returns: 29.91% over 6 months, 58.63% over a year

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