Bangalore: In the current times, investors are not confident on investing at equity mutual funds due to their poor performance in the past couple of years. The reason behind its weak performance is attributed to bleak domestic and economic scenarios overseas. However, experts are encouraging individual investors to consider these funds for investment to build strong equity portfolio.

Economic Times have prepared a list of such top equity mutual funds based on views of some leading managers and financial advisors -

1. ICICI Prudential Focused Bluechip Fund

This fund has a concentrated portfolio of 20-25 large caps which are picked from top 100 stocks based on market capitalization on NSE. It shows a mix of concentration and diversification and uses a combination of bottom-up and top-down investment approach.

"It has outperformed its benchmark in one, three and five years annualised returns as of September 30, 2013. It has been able to generate SIP returns of 6.05% vis-a-vis its benchmark which delivered 2.49% for three years as of September 30, 2013," said Feroze Aziz, director-investment products, Anand Rathi Wealth Management.

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