My Best Mutual Funds 2018

I am investing in best mutual funds 2018 after doing a market research based on the present economy and performance of the mutual funds. I am also sharing with you about the mutual funds where I am investing this year. These will definitely give me a good return without taking much risk.

1. SBI Blue Chip Fund - Growth

Bluechip companies are all large companies, with significant market share & leadership in their relevant industries. They already have shown positive growth, good credit ratings and better brand equity amongst the public. Investing in such companies brings relative reliability to your portfolio.
This fund provides the opportunities for long-term growth in capital through a dynamic management of investments in a diversified basket of equity stocks of companies whose market capitalization is equal to or more than the least market capitalised stock of S&P BSE 100 Index. This fund is suitable for those investors who are looking for medium to long-term perspective.

The minimum investment amount required for a lump sum is Rs.5000, while for SBI Bluechip fund SIPs the minimum amount to be invested is Rs.1000 only.

•    Scheme Type: Open ended scheme
•    Fund Manager: Sohini Andani
•    Lock-In Period:    0
•    Entry Load: Nil
•    Exit Load: 1%
•    NAV as on 10th May 2018 = Rs 38.6820

Growth (Present) %
•    1 Week: -0.31%
•    1 Month: - 0.52%
•    3 Months: - 2.77%
•    6 Months: - 2.80%
•    1 Year: - 11.46%
•    3 Years: - 41.55%
•    5 Years: - 124.82%

2. HDFC Balanced Fund – Growth

It is one of the best mutual funds for investment in India.  This mutual fund is a regular performer in the mutual fund industry for a long time and has returned bigger profits to the investors. The main aim of this mutual fund is to provide capital growth and stable income so as to ensure financial soundness for the investors. This fund is best for the investors who are seeking financial stability and high growth of investments in the long-term.

The minimum investment amount required for a lump sum is Rs.5000, while for HDFC Balanced Fund SIPs the minimum amount to be invested is Rs.500 only.
•    Scheme Type: Open ended scheme
•    Fund Manager:    Chirag Setalvad
•    Lock-In Period:    0
•    Entry Load: NIL
•    Exit Load: Applicable
•    NAV as on 10th May 2018 = Rs 149.2410

Growth (Present) %
•    1 Week: -0.25%
•    1 Month: - 0.16%
•    3 Months: - 0.06%
•    6 Months: - 0.61%
•    1 Year: - 10.18%
•    3 Years: - 42.21%
•    5 Years: - 137.45%

3. Reliance Equity Hybrid Fund-Direct Plan – Growth

The main investment objective of this fund is to make steady return and appreciation of capital by investing in a mix of securities comprising of equity, equity related instruments and fixed income instruments. This fund was formerly known as “Reliance Regular Savings Fund - Balanced Option”. This fund is suitable for those who are seeking long-term capital growth and investment in equity.
Investment up to 50 percent of its assets in equities and equity-related securities and at least 25 percent of its assets in debt and money market instruments with an average maturity of 1 to 7 years.
Minimum Investment: Rs.500

•    Scheme Type: Open ended scheme
•    Entry Load: Nil
•    Exit Load: 1%
•    Fund Manager:    Sanjay Parekh & Mr. Amit Tripathi
Growth (Present) %
•    1 Week: -
•    1 Month: - 0.9%
•    3 Months: - 0.5%
•    6 Months: - 2.8%
•    1 Year: - 11.9%
•    3 Years: - 12.2%
•    5 Years: - 16.8% 

4. Axis Long Term Equity Fund (Growth)

Generating regular long-term capital growth from a diversified portfolio of equity and equity-related securities is the main aim of this fund. It invests in equity and equity-linked instruments such that it features a high degree of growth with the possibility of producing high returns to those investing the Axis Long-Term Equity Fund scheme.

This fund is designed to offer subscribers with tax savings benefits under section 80C of the IT Act 1961.

•    Scheme Type:  Open ended scheme
•    Fund Manager:    Jinesh Gopani
•    Entry Load: Nil
•    Exit Load: Nil
•    Minimum investment: Rs.500
•    Lock-In Period: 3 Years
•    NAV as on 16 May 2018: Rs 43.0670

Growth (Present) %
•    1 Week: -  0.67%
•    1 Month: - 1.48%
•    3 Months: - 6.13%
•    6 Months: - 10.12%
•    1 Year: - 18.63%
•    3 Years: - 12.17%
•    5 Years: - 22.73%

5. L&T Emerging Businesses Fund – Growth

The main aim of this open-ended fund is to generate long-term capital appreciation from a diversified portfolio of mainly equity and equity-related securities, including equity derivatives. This fund mainly invests in the small-cap stocks (emerging companies). Additionally, this fund also invests in Foreign Securities. Emerging companies are the companies those businesses which are typically in the early stage of development. They have the perspective to grow their revenues and profits at a higher rate as compared to the broader market. There is no guarantee that the Scheme will be realised and the Scheme does not assure or promise any returns.

•    Scheme Type: Open ended scheme
•    Fund Manager:    Soumendra Nath Lahir
•    Entry Load: NIL
•    Exit Load: NIL if purchased during the NFO period and during the 2 year period from the date of allotment.
•    Minimum Investment: Rs.5000
•    NAV as on 18 May 2018: Rs 27.52

Growth (Present) %
•    1 Week: -  0.77%
•    1 Month: - 1.75%
•    3 Months: - 1.03%
•    6 Months: - 3.94%
•    1 Year: - 18.31%
•    2 Year: 35.3%
•    3 Years: - 25.66%

6. Franklin India Smaller Companies Fund - Growth

It is an open-ended equity fund from Franklin Templeton Mutual Fund. As a predominant small-cap fund, it grasps a major portion of its investment in small caps and mid-caps along with a nominal portion into large caps. This makes appropriate for investors looking to boost of extraordinary returns generated by small caps. This fund is well known for strong investment processes, smart stock picking and sound risk management.

•    Scheme Type: Open ended scheme
•    Fund Manager:  R Janakiraman
•    Minimum Investment: Rs.5000
•    Entry Load: 1%
•    Exit Load: NIL
•    NAV as on 18th May 2018 = Rs.60.00

Growth (Present) %
•    1 Month: - 0.9%
•    3 Months: - 0.5%
•    6 Months: - 1.9%
•    1 Year: - 12%
•    2 Year: 20.9%
•    3 Years: - 16%
•    5 Years: - 28.8%

These are the mutual funds that I am looking to invest in this year. After study and research, I have found that these funds will provide me greater return in the near future.

Trading Tips and Ideas Using Bearish Candlestick Patterns – Reversal

In my previous blog, I have discussed the important bullish candlesticks reversal pattern for identifying buying points. Now here I am going to discuss the main bearish reversal patterns for selling your stocks. To maximize your return from stock market you have to learn bearish patterns as long with bullish patterns.

•    Gravestone Doji: 

It is a bearish candlestick and is similar to that of a gravestone. This type of candlestick can be found in an uptrend but it’s usually found in a bullish trend that’s about to reverse. This candlestick is formed when the open and close price of a bar is equal or almost equal and also open and close very near the low of the bar. The high of the day forms the long shadow and the long upper wick conveys you the bulls had control during the day. After that, the bears came in and drove the price back down to end the day.
-Opening, closing and minimum prices are the same or very similar
-Long upper shadow
-Appears on as a long line

•    Hanging Man:

It has its name because of its similarity to the hanging dead man. It may also mean that if you do not act upon this signal and still holding your position, then you are a dead man. It is a bearish signal and appears in an uptrend and cautions of a possible trend reversal. The long lower shadow of the hanging man is usually a bullish signal, showing that demand for the underlying security forced the price into the upper third of the price range for that period. For this reason, confirmation of a trend reversal is should be required. After that, the candlestick following the hanging man should close below the real body of the hanging man.

•    Shooting Star: 

Shooting star is look like almost inverted hammer in appearance.  This bearish candlestick pattern is composed of a single candle. The open, close, and low are near the low of the candlestick.

-    Small body candle either red (black) or green (white)
-    Shadow cannot be longer than the body
-    Upper shadow must be 2 times greater than the body 
-    Gap in either opening or closing makes this signal much stronger
-    Appears in uptrend

It indicates when it appears in the uptrend that the price has reached at the maximum of its current uptrend and will soon start falling. Mainly, the bulls were in command, pushing the prices higher. The bulls continued pushing higher after the market open, but then the bears marched in. The price was driven back to the down, and it closed near its beginning point.

•    Bearish Engulfing: 

The bearish engulfing candlestick pattern specifies a bearish move ahead. It usually forms at uptrend and directs that bears are no trying to take control from bulls. It is stronger if it gets formed at any prevalent strong resistance zones. It is mainly composed of two candles. It can be identified by a large red (black candle) engulfing the previous bullish green (white) at the uptrend. The red candlestick started to form when buying pressure force to open the stock price above the previous close. Later the seller steps up and forces to close the stock price below the previous open for a potential reversal. Wait for the next day signal. If it’s bearish then go for selling that stock.

•    Identical Three Crows:

In an uptrend, it signals the continuation of the bearish trend in the same direction.  If we compare with other bearish reversal patterns this signal is not strong enough. The two candlesticks next to the first candlestick close at lower prices than the previous ones. Three significant, consecutive and boosting red (black) candlesticks encompass this formation. The former candlestick paves the way for the new successive candlestick.

•    Darkcloud Cover:

 

 

 

It is a simple and very effective candlestick pattern to look for when trading short-term up and down swings within a price channel. This bearish reversal pattern appears at the end of a uptrend. The first candlestick must be a green (white) candlestick with a large real body and the second candlestick should be red (black) and should below the above of the preceding candlestick. The last candlestick must be closing below the middle of the real body of the first candlestick, with the deeper it pierces the first candlestick the more substantial the pattern becomes. Traders also need this to form in context with another bearish trade setup as trade confirmation.

•    Bearish Harami Cross:

 

 

 

This bearish reversal candlestick pattern also appears in the uptrend. The previous candlestick must be green or white and the very next candlestick must be a doji. The low of the Doji must be lower than the open of the previous candle. The low of the Doji must be lower than the close of the previous candle. When a Bearish Harami Cross candlestick pattern is recognized after a bullish move, it can signal a reversal in the price action.

•    Abandoned Baby Top:

The Bearish Abandoned Baby or Abandoned Baby Top is a bearish candlestick pattern that helps traders to identify a reversal in a bullish price action. This bearish pattern is opposite of the bullish abandoned baby pattern. This candlestick pattern is formed by three specific candlesticks that meet the following qualifications:

-    The first candlestick must be a bullish green candlestick located at the top of a uptrend.
-    The second candlestick must be a small-bodied candle, sometimes a dojo that gaps above the close of the first candlestick.
-    The third next candlestick is a large bearish red or black candlestick that opens below the second and generally closes around where the first candlestick opened. This particular candlestick identifies the change in the price trend.

These are the main bearish reversal patterns. You can always use this signals for trading either for short term or long term. Always compare these patterns with RSI (Relative Strength Index) and use a stop loss to become a successful investor.

For bullish reversal patterns please visit my blog - Candlestick Patterns Explained with Examples – Bullish Reversal Patterns