For long time Mutual fund provide good returns. And sector mutual funds provide high returns compared to any other fund. See Top 5 sector mutual fund to invest now. However, they carry high risk as they invest in single sector. On other hand Aggressive Growth Mutual fund has aggressive strategy. But it provides high returns in medium to long term. For better understand check where does such aggressive growth mutual fund invest.
What is Aggressive Growth Mutual fund in India
Mutual fund that seeks high capital gains among growth stocks. Moreover, companies demonstrate high growth potential by share price volatile. And aggressive growth fund is considering one of best investment options for risk taking. Hence, these are also termed as high risk high return mutual funds.
However, company stocks that are expected to grow at faster on overall stock market. Therefore aggressive growth investors can expect to see higher volatile than general growth strategy. Hence, see what is mutual fund
Aggressive Growth Funds VS sector Funds
As per above, sector funds provide high returns and also risk is high. On other hand, Aggressive growth funds will be invested in diversified, midcap portfolio and small cap portfolio. Hence, find below list of 10 Aggressive Growth Funds.
Franklin India Smaller Companies Fund
This fund is small cap mutual funds. And it is performing aggressively in last 8-10 years. But this fund identifies smaller companies with potential grow. Moreover, this scheme gave 33% returns in last 1 year. Therefore in last 5 years it gives 30% annual returns. Hence, this is one of good aggressive growth mutual fund to invest.
DSP BR microcap Mutual fund
DSP BR microcap fund invest in stock portfolio. And that are not part of top 300 companies by Market capitalization. But this fund is midcap or small cap segment. Because, mutual fund scheme gave 41% returns in last 1 year. Moreover, 30 percent annual returns in last 5 years. However, this mutual fund scheme is good aggressive growth fund.
SBI small and mid cap fund
Similarly, SBI small and midcap fund has aggressive growth strategy. This scheme gave 40 percent annual returns in last 3 years. Hence, this fund is best aggressive growth mutual fund to invest.
Mirae Emerging Blue Chip Fund
Mostly invest in equities and equity related securities of companies. And fund aims capital appreciation from diversified portfolio. But they are not part of top 100 stocks by market capitalization. Probably, at time of investment fund have market capitalization at least Rs.100 Crores. Since last 5 years annual returns is 29 percent.
SBI Magnum Midcap Fund
SBI Magnum is mid cap fund. And it will invest in midcap companies in India. But this mutual fund scheme gave 26 percent returns in last 1 year. Therefore annual returns in last 5 years are 27 percent. Hence, this fund is one of top 10 growth mutual funds. See Best High Return Investment Plans for 2017.
Principal Emerging Blue-chip fund
However, this mutual fund scheme will invest between 65 to 95 percent in mid cap stocks. But market cap compared to benchmark nifty midcap 100 indexes. And 5 to 15 percent invest in small cap stocks. Moreover, this is recommending fund to invest. In last 5 years annual returns is 27 percent.
Birla SL Pure Value Fund
Another aggressive fund that invests in diversified portfolio. And this mutual fund scheme gave 35 percent returns in last 1 year. But in last 5 years annual returns is 26 percent. Hence, check how systematic investment plan works
Franklin India Prima Fund
This is open end growth scheme. It provide medium to long term capital appreciation as primary objective. And secondary objective is income. In last 3 years 30 percent annual returns and 26 percent annual return in last five years.
L&T India Value Fund
L&T India fund scheme seek to generate long term capital appreciation. From diversified portfolio of equity with higher focus on undervalued securities. But this mutual fund scheme gave 33 percent annual return in last 3 years. And 25 percent annual returns in last 5 years. Hence, this fund is one of good aggressive growth funds.
HDFC Midcap Opportunities Fund
This mutual fund scheme aims to generate capital appreciation by investing in midcap companies. And it has been recommending this fund for past few years. Moreover, you can invest in such perform growth mutual funds. Hence, in past 5 years it gave 24 percent annual returns.
Finally, these aggressive growth mutual funds are high risk high return mutual fund. However, if you invest lump sum invest in such funds. Otherwise invest through SIP in these funds for 5 to 8 years. Therefore check good diversified mutual funds to invest in India. For better understand see best performing MF in last 5 to 10 years.