Best Equity Mutual Funds - Invest Online

Equity funds give the highest returns by far and are usually categorized as high risk investments. Some of the best performing mutual funds in this class over the past 3 years have been:

*NAV rates as on 26^th August 2015.

UTI Transportation and Logistics Fund: This is open-ended logistics sector based equity fund that aims to provide capital growth by investing in companies related to the fields of transportation manufacture, services, distribution, design or equipment sale. The fund has averaged returns to investors at the rate of 43.34% over the last 3 years, making it the best performing mutual fund in its category.

ICICI Prudential Exports and Other Services Fund: This is an open-ended services sector based equity fund which seeks to invest mainly in equity or related securities of firms involved in the services industry. The fund has provided returns at 40.52% p.a. over the last 3 years to investors.

SBI Small & Midcap Fund: This is an open-ended mid & small cap equity fund that is aims for long term wealth creation and capital appreciation through investments predominantly in equity and related securities of midcap and small firms. The fund has averaged returns of 38.90% p.a. in the last 3 years.

Franklin India Smaller Companies Fund: This is an open-ended mid and small cap equity mutual fund that seeks to offer long term capital growth through investments in small and midcap companies. In general, the fund has 3/4^th of the portfolio made up of smaller companies. The fund has posted returns at 37.39% p.a. in the last 3 years.