Top 10 mutual funds with dividend option that have given the best returns in the last 3 years

Minimum SIP (Systematic Investment Plan) Investment: ₹500

Top Holdings: Dr Reddy's Laboratories, Sun Pharma, Cipla and Aurobindo Pharma

Managed by Nippon India Mutual Fund, the equity fund has over 99% investment in Indian stocks. The fund manages ₹2991.57 crore. For investors, there is high risk involved and they should be ready for moderate to high losses in this investment.

Minimum SIP (Systematic Investment Plan) Investment: ₹150

Top Holdings: Infosys, Tata Consultancy Services, Wipro, HCL Technologies and Mindtree

Managed by Tata Mutual Fund, the fund has 86.36% investment in Indian stocks. The fund manages ₹343.34 crore. For investors, there is high risk involved and they should be ready for moderate to high losses in this investment.

Minimum SIP (Systematic Investment Plan) Investment: ₹500

Top Holdings: Tata Consultancy Services(TCS), Infosys, Bharti Airtel, Alphabet, HCL Technologies and Tech Mahindra

This fund from the SBI Mutual Fund house is specific to the technology sector funds and involves a high risk. The fund house manages nearly ₹170.81 crore. SBI Technology Opportunities Fund Direct has 85.58% investment in Indian stocks.

Minimum SIP (Systematic Investment Plan) Investment: ₹500

Top Holdings: Tata Consultancy Services(TCS), Infosys, Bharti Airtel, HCL Technologies, Info Edge and Tech Mahindra

This fund is managed by Franklin Templeton Mutual Fund and involves a high risk. The fund house manages assets worth ₹246.39 crore. Franklin India Technology Fund Direct - Dividend has over 65% investment in Indian stocks.

Minimum SIP (Systematic Investment Plan) Investment: ₹1,000

Top Holdings: Infosys, HCL Technologies, Tech Mahindra and Bharti Airtel

This fund is managed by Aditya Birla Sunlife Mutual Fund house that has a fund size worth ₹381.16 crore and has 89.35% investment in Indian shares. There is a possibility of moderate to high losses in this investment.

Minimum SIP (Systematic Investment Plan) Investment: ₹100

Top Holdings: HDFC Bank, Infosys, Bharti Airtel, Reliance Industries, ICICI Bank, SBI Life Insurance

Minimum SIP (Systematic Investment Plan) Investment: ₹150

Top Holdings: Dr Reddy’s Laboratories, Sun Pharmaceutical Industries, Divis Laboratories, Lupin, Ipca Laboratories

Tata India Pharma and HealthCare Fund Direct Dividend has 95.53% investment in Indian stocks and is managed by Tata Mutual Fund. Those investing should be ready for high risk and losses. The fund house manages assets worth ₹235.28 crore.

Minimum SIP (Systematic Investment Plan) Investment: ₹500

Top Holdings: Avenue Supermarts, Ipca Laboratories, Bata India, Pi Industries, Indraprastha Gas

This is a mid cap equity fund managed by Axis Mutual Fund house. The fund has over 82.5% investment in Indian stocks — including 10% in the large cap segment. Investors willing to invest for a period of 3-4 years for a high return can invest in this mid cap fund. However, there are chances of moderate losses in this investment.

Minimum SIP (Systematic Investment Plan) Investment: ₹500

Top Holdings: Dr Reddy's Laboratories, Cipla, Aurobindo Pharma, Sun Pharmaceutical Industries, Lupin

This is a Pharma mutual fund by UTI Mutual Fund House that manages assets worth ₹474.52 crore. The equity fund has nearly 98.88% investment in large cap stocks. The investors should be ready for high losses.

Minimum SIP (Systematic Investment Plan) Investment: ₹1,000

Top Holdings: HDFC Bank, Kotak Mahindra Bank, Avenue Supermarts, Infosys, Bharti Airtel

Managed by Axis Mutual Fund, the large cap fund has over 79.79% investment in Indian stocks. The fund manages ₹13003.39 crore. For investors, there is a moderate risk involved and they should be ready for moderate losses in this investment.