Axis Equity Fund

Axis Equity Fund has a portfolio that comprises the best stocks from across sectors. The fund has stocks like Infosys, Maruti, State Bank of India, Bharti Airtel and ITC. Axis Equity fund has performed exceedingly well in the last one year with returns of almost 38 per cent. Value Research Online has given the fund a 5-star rating.

HDFC Balanced Fund

The HDFC Balanced Fund has given a return of almost 50 per cent in the last one year. The Fund has stocks like Axis Bank, Larsen and Toubro, Aurobindo Pharma, State Bank and Union Bank in its portfolio. Again, the stocks that are in the portfolio are blue chip stocks, which could push returns higher should the markets rally from current levels.

Birla Sun Life Top 100 Fund

Birla Sun Life Top 100 Fund is rated 4 star by Value Research Online. Like peers the fund has a portfolio that comprises blue chip stocks. The fund has generated a return of 16 per cent since its launch in Oct 2005.

Quantum Long Term Equity Fund

Quantum Long Term Equity Fund has been allocated a 5-star rating by Value Research. The Fund has a diversified portfolio that includes stocks like HDFC, Bajaj Auto, ACC, Infosys and Hero Motor Corp. Again, can be a good bet in the portfolio for investors willing to take risk in diversified equity mutual funds.