Best mutual funds to get maximum returns after 20 years

I have been investing Rs 2,000 per month via SIP in Aditya Birla Sun Life Frontline Equity Fund, SBI Bluechip Fund, Franklin India Equity Fund, and ICICI Prudential Value Discovery Fund for the last two years. I am looking to invest for a period of 20 years. My objective is to get maximum returns after 20 years. Should I make any changes to achieve the maximum return? If yes, please suggest the best funds.
--Sandeep Joshi

Dilshad Billimoria, Director, Dilzer Consultants, responds:

For such a long investment horizon, a combination of large cap, multi cap and a mid cap can be considered for investment.

The top performers in large cap are: Mirae Asset Large Cap Fund and ICICI Prudential Bluechip Fund. In multi cap it is Kotak Standard Multicap Fund. And in mid cap, L&T Midcap Fund and Axis Midcap Fund are the top performers.


Do not be swayed by market downturns and stay the course for a long period. Investments in equity mutual funds will always pay rich dividends over a long period.