Which mutual fund is best? (2024)

Which mutual fund is best?

These include JM Value Fund, Nippon India Value Fund and Aditya Birla Sun Life Pure Value Fund and Axis Value Fund. Some multi cap mutual funds gave returns as high as 38-40 percent which include HDFC Multi Cap Fund, Kotak Multicap Fund, ITI Multi Cap Fund and Nippon India Multi Cap Fund.

Which is the best mutual fund to invest?

BEST MUTUAL FUNDS
  • Quant Flexi Cap Fund Growth Option Direct Plan. ...
  • JM Flexicap Fund (Direct) Growth Option. ...
  • Bank of India Flexi Cap Fund Direct Growth. ...
  • ITI Flexi Cap Fund Direct Growth. ...
  • Motilal Oswal Flexicap Fund Direct Plan Growth. ...
  • Invesco India Flexi Cap Fund Direct Growth. ...
  • Taurus Flexi Cap Fund - Direct Plan-Growth Option.

Which mutual fund has highest return?

List of High Risk & High Returns in India Ranked by Last 5 Year Returns
  • PGIM India Midcap Opportunities Fund. ...
  • Tata Midcap Growth Fund. ...
  • Kotak Emerging Equity Fund. ...
  • HSBC Midcap Fund. ...
  • UTI Mid Cap Fund. EQUITY Mid Cap. ...
  • Axis Midcap Fund. EQUITY Mid Cap. ...
  • DSP Midcap Fund. EQUITY Mid Cap. ...
  • Mirae Asset Midcap Fund. EQUITY Mid Cap.

Which is the rank 1 mutual fund?

Top Mutual Fund Houses in India
S.No.Mutual Fund House
1.SBI Mutual Fund
2.ICICI Prudential Mutual Fund
3.HDFC Mutual Fund
4.Aditya Birla Sun Life Mutual Fund
6 more rows
Feb 15, 2024

What are the safest mutual funds?

List of Low Risk Risk Mutual Funds in India
Fund NameCategoryRisk
Tata Arbitrage FundHybridLow
Nippon India Arbitrage FundHybridLow
Axis Arbitrage FundHybridLow
Aditya Birla Sun Life Arbitrage FundHybridLow
7 more rows

What are the top ranked mutual funds in 2023?

These include JM Value Fund, Nippon India Value Fund and Aditya Birla Sun Life Pure Value Fund and Axis Value Fund. Some multi cap mutual funds gave returns as high as 38-40 percent which include HDFC Multi Cap Fund, Kotak Multicap Fund, ITI Multi Cap Fund and Nippon India Multi Cap Fund.

How do I choose a mutual fund?

Choosing the right mutual fund involves understanding your financial goals, risk tolerance, and investment horizon. Look at the fund's past performance, expense ratio, and the reputation of the fund house.

Which mutual fund gives 20 percent return?

The top-performing flexi cap mutual funds include Quant Flexi Cap, JM Flexicap and Parag Parikh Flexi Cap Fund, which have given more than 20% annualised returns in the past five years.

What is 5 star mutual fund?

The mutual fund ranking system of Value Research gives a quick measure of how a fund has performed in the past when compared to its peers, with five being the highest rating and one being the lowest. It takes into account the risk, returns, expense ratio and other relevant factors to arrive at such ratings.

What funds to invest in 2023?

Top 10 performing Elite Rated funds in 2023
RankFund namePercentage returns year to date*
1T. Rowe Price US Large Cap Growth Equity37.1%
2Sanlam Global Artificial Intelligence31.4%
3Baillie Gifford American30.6%
4Guinness Global Innovators26.4%
6 more rows
Dec 13, 2023

Which mutual fund is best to invest in 2024?

Equity Mutual Funds: Top 10 performers in 2024 so far
  • Quant Mid Cap Fund. 12.49%
  • Quant Small Cap Fund. 11.38%
  • Quant Large & Mid Cap Fund. 10.19%
  • Quant Large Cap Fund. 9.95%
  • ITI Mid Cap Fund. 9.49%
  • Kotak Multicap Fund. 9.45%
  • Quant Focused Fund. 9.34%
  • SBI Long Term Equity Fund. 9.31%
Feb 16, 2024

Which mutual fund is best for 5 years?

List of Best SIP Funds in India Ranked by Last 5 Year Returns
  • Quant Active Fund. EQUITY Multi Cap. ...
  • Quant Large and Mid Cap Fund. EQUITY Large & MidCap. ...
  • Quant Focused Fund. ...
  • Parag Parikh Flexi Cap Fund. ...
  • Edelweiss Large & Mid Cap Fund. ...
  • Kotak Equity Opportunities Fund. ...
  • Mirae Asset Large & Midcap Fund. ...
  • PGIM India Flexi Cap Fund.

Which fund has the highest 10 year return?

Morningstar Direct ranked the funds in terms of their 10-year annualized returns, as measured on a specific date (as opposed to the end of the month) — in this case, Oct. 19, 2023. No. 1 on the list is the ProFunds Semiconductor UltraSector Fund, which yielded 29.21% over the past decade.

Who should not invest in mutual funds?

Mutual funds are managed and therefore not ideal for investors who would rather have total control over their holdings. Due to rules and regulations, many funds may generate diluted returns, which could limit potential profits.

Can I withdraw money from mutual fund anytime?

An investment in an open end scheme can be redeemed at any time. Unless it is an investment in an Equity Linked Savings Scheme (ELSS), wherein there is a lock-in of 3 years from date of investment, there are no restrictions on investment redemption.

What is one downside of a mutual fund?

Disadvantages include high fees, tax inefficiency, poor trade execution, and the potential for management abuses.

What mutual funds does Dave Ramsey recommend?

I put my personal 401(k) and a lot of my mutual fund investing in four types of mutual funds: growth, growth and income, aggressive growth, and international. I personally spread mine in 25% of those four.

How many mutual funds should I have?

While there is no precise answer for the number of funds one should hold in a portfolio, 8 funds (+/-2) across asset classes may be considered optimal depending on the financial objectives and goals of the investor. Further, higher allocation of portfolio to the right fund is of crucial importance.

How much should I invest in mutual funds?

You must strive to save at least 30% of your gross income or ₹60,000 every month. To calculate how much amount you should invest in SIPs, we will have to use the standard formula, which is 100 minus your age to be invested in equity through mutual funds.

Should I put my money in a mutual fund?

Mutual funds are an excellent option if you want an easy way to diversify your holdings (i.e., set-it-and-forget-it) or don't have the time, interest, or expertise to research companies, pick individual stocks, and manage your portfolio.

Is it better to invest in one mutual fund or many?

By investing in multiple mutual funds, you can gain exposure to a variety of different markets, sectors, and asset classes. This helps to reduce the overall risk of your portfolio and ensures that you don't put too many eggs in one basket.

How do you know if a fund is good?

Compare the performance of the fund over the last three, five, and 10 years. Though past performance does not ensure future performance, it can still be an indicator of the quality of the fund manager. Consistency is key. Additionally, check to see if that performance has outpaced the S&P 500.

What if I invest $1,000 a month in mutual funds for 20 years?

If you were to stay invested for a shorter duration, say 20 years, you'd invest Rs 2,40,000, but your portfolio value would be Rs 9.89 lakh. A decade-long investment of Rs 1,000 per month would equal Rs. 2,30,038, as compared to Rs. 1,20,000 invested over the same period.

What if I invest $2,000 per month in mutual fund?

Take an example where you invest Rs 2,000 per month for a tenure of 24 months. You expect a 12% annual rate of return (r). You have i = r/100/12 or 0.01. You get Rs 54,486 at maturity.

Which mutual fund is best in recession?

Best funds to invest in during a recession

Small-cap funds can be a good option for aggressive investors with long-term time horizons. A risk-averse person can consider investing in a multi-asset mutual fund as it invests in various asset classes such as stocks, gold, debt, etc.

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