Which mutual fund is best? (2024)

Which mutual fund is best?

ICICI Prudential Value Discovery Fund, a flagship value scheme from ICICI Prudential Mutual Fund, gave 20.05% in the 10-year horizon. Two largest schemes from the large & mid cap category, Mirae Asset Emerging Bluechip and Canara Robeco Emerging Equities Fund, gave 24.62% and 22.94% respectively.

Which type of mutual fund is best?

Best Performing Equity Mutual Funds
Scheme NameExpense Ratio5Y Return (Annualized)
SBI Contra Fund0.69%27.95% p.a.
PGIM India Midcap Opportunities Fund0.42%27.73% p.a.
Edelweiss Mid Cap Fund0.43%27.46% p.a.
Motilal Oswal Midcap Fund0.65%27.46% p.a.
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What is the most successful mutual fund?

Best-performing U.S. equity mutual funds
TickerName5-year return (%)
PBFDXPayson Total Return16.30%
SSAQXState Street US Core Equity Fund16.20%
CORRXColumbia Contrarian Core Adv15.89%
FGRTXFidelity Mega Cap Stock15.73%
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Jan 31, 2024

Which mutual fund is doing good now?

Fund House Fund Category Fund Rank and Ratios Fund Parameters Investment Parameters Filter
Scheme NamePlan3Y
Sponsored AdvInvest Now Axis Growth Opportunities Fund - Direct Plan - GrowthLarge & Mid Cap FundDirect Plan21.51%
Quant ELSS Tax Saver Fund - Direct Plan - GrowthDirect Plan36.14%
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How do I choose the best fund?

Eight tips on how to choose a fund
  1. Decide on how you approach risk. ...
  2. Learn about asset classes. ...
  3. Decide how 'hands' on you want to be. ...
  4. Think carefully about your objectives. ...
  5. Decide whether you want income or growth (or both) ...
  6. Think about which assets sectors do you want to consider. ...
  7. Take a look at our Preferred List.

Which mutual fund is best in 2023?

Mutual funds1-year return (%)
Aditya Birla Sun Life Pure Value Fund43.02
Axis Value Fund40.16
SBI Long Term Equity Fund40.00
HDFC Multi Cap Fund40.19
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Jan 1, 2024

Which is the safest mutual fund?

List of Low Risk Risk Mutual Funds in India
Fund NameCategoryRisk
Nippon India Arbitrage FundHybridLow
Tata Arbitrage FundHybridLow
Axis Arbitrage FundHybridLow
Aditya Birla Sun Life Arbitrage FundHybridLow
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Which mutual fund is best in USA?

The Best Mutual Funds of February 2024
  • The Hartford Core Equity Fund (HGIYX) ...
  • Schwab S&P 500 Index Fund (SWPPX) ...
  • Dodge & Cox Income Fund (DODIX) ...
  • Schwab U.S. Large-Cap Growth Index Fund (SWLGX) ...
  • Vanguard Mid-Cap Value Index Fund (VMVAX) ...
  • The Hartford Short Duration Fund (HSDIX) ...
  • Vanguard International Growth Fund (VWIGX)
Feb 1, 2024

Which mutual fund has the highest 5 year return?

Highest Return Mutual Funds in Last 5 Years
Fund Name3 Years Return5 Years Return
Kotak Small Cap fund (G)28.5%27.4%
Bank of India Manufacturing & Infra fund (G)31.9%27.1%
Invesco India PSU Equity Fund (G)38.8%26.9%
Quant Multi Asset Fund (G)32.2%26.2%
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How do I choose a mutual fund?

How to choose mutual funds
  1. Decide whether to go active or passive.
  2. Calculate your budget.
  3. Figure out your risk tolerance.
  4. Think about your asset allocation.
  5. Chasing hot-performing funds.
  6. Following a suggestion from family or friends.
  7. Pick the funds with the highest star ratings.
  8. Thinking bonds are too boring.
Jan 2, 2024

Which mutual fund has a 20% return?

ICICI Prudential Value Discovery Fund, a flagship value scheme from ICICI Prudential Mutual Fund, gave 20.05% in the 10-year horizon. Two largest schemes from the large & mid cap category, Mirae Asset Emerging Bluechip and Canara Robeco Emerging Equities Fund, gave 24.62% and 22.94% respectively.

Which fund gives highest return?

  • SBI PSU Direct Plan-Growth. ...
  • ICICI Prudential Infrastructure Direct-Growth. ...
  • Quant Mid Cap Fund Direct-Growth. ...
  • Invesco India PSU Equity Fund Direct-Growth. ...
  • Nippon India Small Cap Fund Direct- Growth. ...
  • ICICI Prudential BHARAT 22 FOF Direct - Growth. ...
  • HSBC Small Cap Fund Direct-Growth.

Which mutual fund has given highest return?

List of High Risk & High Returns in India Ranked by Last 5 Year Returns
  • PGIM India Midcap Opportunities Fund. ...
  • Invesco India Mid Cap 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.

What are the best funds to invest in 2023?

Among 2023′s best-performing funds: Baron Fifth Avenue Growth BFTIX, up 57.9%, and Fidelity Blue Chip Growth ETF FBCG, up 57.2%. Gains in both funds were fueled by the massive rally in Nvidia NVDA, which surged 230% this year. Meanwhile, value funds—especially small value—flipped to worst from best.

Which mutual fund is best for 2024?

Here's the list of top 10 best mutual funds to invest in 2024:
  • HDFC Mid-Cap Opportunities Fund.
  • Parag Parikh Flexi Cap Fund.
  • ICICI Pru Bluechip Fund.
  • HDFC Flexi Cap Fund.
  • Nippon India Small Cap Fund.
  • HDFC Balanced Advantage Fund.
  • ICICI Prudential Equity & Debt Fund.
  • ICICI Prudential Corporate Bond Fund.
4 days ago

What to check before investing in mutual funds?

10 things investors should check before investing in mutual funds
  • Investment Goals. ...
  • Fund Type and Category. ...
  • Fund Performance. ...
  • Pedigree and Age of Fund House. ...
  • Expense Ratio. ...
  • Risk Factors. ...
  • Exit Load and Liquidity. ...
  • Tax Implications.
Sep 22, 2023

Which mutual fund is safest for long term?

List of Best Low Risk Mutual Funds in India Ranked by Last 5 Year Returns
  • Bandhan Balanced Advantage Fund. ...
  • ICICI Prudential Income Optimizer Fund (FOF) ...
  • DSP Dynamic Asset Allocation Fund. ...
  • ICICI Prudential Regular Savings Fund. ...
  • Baroda BNP Paribas Conservative Hybrid Fund. ...
  • Franklin India Debt Hybrid Fund.

How many mutual funds should I invest in?

Unless you are very well versed with the markets and have expert knowledge about mutual funds, a good rule of thumb would be to own: Large Cap Mutual Funds: Up to 2. Maybe 3 at best. Beyond that, it doesn't make sense as there will be a great overlap in the shares owned by your mutual funds.

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.

Which mutual fund has no risk?

Top 5 Mutual Funds with Lowest Risk in 2024
Fund NameReturn Since InceptionExpense Ratio
Nippon India Arbitrage Fund6.8%1.05%
HDFC Overnight fund5.8%0.2%
SBI Overnight Fund6.5%0.18%
Kotak Equity Arbitrage Fund6.8%1.01%
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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.

Which type of mutual fund is best for beginners?

Best equity mutual fund for beginners
NameSub-Category5Y CAGR (%)
Quant Small Cap FundSmall Cap Fund30.94
Quant Infrastructure FundSectoral Fund – Infrastructure28.01
SBI Tax Advantage Fund-IIIEquity Linked Savings Scheme (ELSS)27.18
Quant Tax PlanEquity Linked Savings Scheme (ELSS)26.82
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Oct 2, 2023

Is there a better investment than mutual funds?

Of course, you might also consider ETFs vs. mutual funds. Both are investment funds offering built-in diversification. However, unlike mutual funds, ETFs trade like stocks during regular market hours and may subject you to fewer taxes.

What type of mutual fund is best for retirement?

  • Tata AIA Whole Life Mid Cap Equity Fund. AUM:11,524 Cr. ...
  • Birla Sun Life Multiplier. AUM:3,999 Cr. ...
  • Bajaj Allianz Accelerator Mid-Cap Fund II. AUM:5,754 Cr. ...
  • Max Life High Growth Fund. AUM:4,690 Cr. ...
  • HDFC Standard Opportunities Fund. AUM:35,480 Cr. ...
  • Kotak Mahindra OM Classic Opportunities Fund. ...
  • ICICI Prudential Opportunity Fund.

What mutual funds does Ramsey recommend?

What exactly are Ramsey approved mutual funds?
  • Invest in the 4 types of mutual funds: growth, growth and income, aggressive growth, and international.
  • Find mutual funds with a 10 year or better average annual return better than 10% (12%+ is best).
  • Don't invest in anything you don't understand.
Feb 1, 2023

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