Investors willing to take on some risk for higher returns can consider Magnum Emerging Businesses. A mid-cap scheme focussed on consumption stocks, it has proved its mettle over the last couple of years. Existing investors can stay put as they have no reason to exit.
Playing the consumption theme, Magnum Emerging Businesses has outperformed BSE 500 and its peers by good margins. Its portfolio is a mix of small and mid-cap counters, including multibaggers like Page Industries, Hawkins, Jublinat Foodworks among others. As many of its holdings have low trading volumes, the risk quotient of the scheme is high. What enhances the risk is the fact that the fund invests in a limited number of growth oriented companies — about 22-25 stocks, taking high exposure per stock. These traits make the fund suitable for risk takers and those willing to take the risk can look forward to being suitably rewarded. Invest with a horizon of at least 3-5 years.
-----------------------------------------------------------------
Also, know how to buy mutual funds online:
Invest in DSP BlackRock Mutual Funds Online
Invest in Reliance Mutual Funds Online
Invest in HDFC Mutual Funds Online
Invest in Sundaram Mutual Funds Online
Invest in Birla Sunlife Mutual Funds Online
Invest in UTI Mutual Funds Online
Invest in SBI Mutual Funds Online
Invest in Edelweiss Mutual Funds Online
Invest in IDFC Mutual Funds Online