Note : Investing in direct (D) plan would generate higher returns (as compare to regular(R) plan) on long term investments.

I. Equity Funds

Fund Name Annual Returns (5y) Fund Class
Franklin India Prima Fund (G) 20.7% Small & Mid Cap
Mirae Asset Emerging Bluechip Fund (G) 23.5% Small & Mid Cap
Franklin India Prima Plus Fund (G) 15.5% Diversified Equity
ICICI Prudential Value Discovery Fund (G) 17.8% Diversified Equity
Franklin India Opportunities Fund (G) 12.8% Large Cap
SBI Blue Chip Fund (G) 15.7% Large Cap
Equity mutual funds are more suitable for creating wealth over long term.
High Risk

II. Tax Saving Funds (ELSS)

Fund Name Annual Returns (5y) Fund Class
Axis Long Term Equity Fund (G) 18.8% ELSS
Franklin India Tax Shield (G) 13.6% ELSS
You will get tax benefits for investing in ELSS funds, under section 80C, upto 1.5L (FY).
High Risk

III. Debt Funds

Fund Name Annual Returns (5y) Fund Class
Birla Sun Life Savings Fund - Institutional (G) 9.5% Ultra Short Term Debt
SBI Premier Liquid Fund - Regular Plan (G) 9.0% Liquid
Debt mutual funds are good alternative to fixed deposits.
Low Risk