Where should I invest in mutual funds now?

Which mutual fund should I invest now?

The table below shows the best equity funds:

Mutual fund 5 Yr. Returns
ICICI Prudential Technology Fund – Direct Plan – Growth 33.49% Invest Now
Kotak Small Cap Fund – Direct Plan – Growth 22.15% Invest Now
ICICI Prudential Technology Fund 32.32% Invest Now

Is it good to invest in mutual funds now?

Mutual funds are a safe investment if you understand them. Investors should not be worried about the short-term fluctuation in returns while investing in equity funds. You should choose the right mutual fund, which is in sync with your investment goals and invest with a long-term horizon.

Which mutual fund is best for 5 years?

Best SIP Plans for 5 And 3 Years in Equity Funds and Debt Funds

Fund Name 5 years Return 3 years Return
DSP Equity Fund 14.36% 14.69%
ICICI Prudential Technology Fund 33.91% 41.39%
HDFC Balance Advantage Fund 15.50% 16.60%
ICICI Prudential Bluechip Fund 10.81% 8.48%

Which mutual funds give highest return?

List of Equity Mutual Funds in India

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Fund Name Category 1Y Returns
Axis Growth Opportunities Fund Equity 30.5%
Mirae Asset Emerging Bluechip Fund Equity 23.2%
Axis Midcap Fund Equity 26.1%
Mirae Asset Tax Saver Fund Equity 22.1%

Which is best SIP or mutual fund?

Large-Cap Schemes

Scheme Name 5-Year Monthly SIP 10-Year Monthly SIP
ICICI Pru Top 100 Fund (G) Rs.9,41,591 18.43%
Quantum LT Equity Fund (G) – Direct Plan Rs.9,15,695 17.27%
Reliance Growth Fund (G) Rs.10,75,057 24.01%
SBI BlueChip Fund – Reg (G) Rs.9,55,955 19.07%

Is 2021 a good time to invest in mutual funds?

There is no best time as such for investing in mutual funds. Individuals can make investments in mutual funds as and when they wish. But it is always better to catch the funds at a lower NAV rather than higher price. It will not only maximise your returns but also lead to higher wealth accumulation.

Can I lose all my money in mutual fund?

With mutual funds, you may lose some or all of the money you invest because the securities held by a fund can go down in value. Dividends or interest payments may also change as market conditions change.

Can you get rich with mutual funds?

It’s definitely possible to become rich by investing in mutual funds. Because of compound interest, your investment will likely grow in value over time. Use our investment calculator to see how much your investment could be worth as time goes on.

Which company is best for mutual fund?

Top 10 Mutual Funds in India 2020

  • ICICI Prudential Focused Bluechip Equity Fund.
  • Aditya Birla Sun Life Small & Midcap Fund.
  • Tata Equity PE Fund.
  • HDFC Monthly Income Plan – MTP.
  • L&T Tax Advantage Fund.
  • SBI Nifty Index Fund.
  • Kotak Corporate Bond Fund.
  • Canara Robeco Gilt PGS.
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Which mutual fund is best for 1 year?

Top Performing Funds (based on one year returns)

Category Top Performer 1 yr
Childrens HDFC RSF – Equity Plan – DP (G) 70.80
Conservative Hybrid ABSL Regular Savings Fund (G) 28.40
Contra SBI Contra Fund – Direct (G) 90.70
Dynamic Bond SBI Dynamic Asset Allocation Fund-DP (D) 31.10

How can I save 50 lakhs in 5 years?

50 lakh in 5 years? – Groww.

  1. Parag Parikh Long Term Equity Fund. …
  2. Mirae Asset India Equity Fund. …
  3. Axis Focused 25 Fund. …
  4. Axis Bluechip Fund. …
  5. ICICI Prudential Bluechip Fund. …
  6. ICICI Prudential Nifty Next 50 Index Fund. …
  7. Franklin India Low Duration Fund. …
  8. Franklin India Ultra-Short Bond Fund.

Which bank SIP is best?

Top SIP Mutual Funds in India

SIP Plans Type 5 Year
HDFC Prudence Fund(G) Balanced Fund 16.56%
HDFC Small Cap Fund Equity Fund 24.31%
ICICI Prudential Balanced Advantage Fund Balanced Fund 14.39%
ICICI Prudential Equity & Debt Fund Equity Fund 17.48%

Can I invest 1000 in mutual funds?

Mutual funds primarily offer investment through SIP option, lump sum option or both. This is in no way a recommendation that historical returns or a minimum investment amount of Rs 1000 should be considered foremost before making any investment. …