Top Performing Mutual Funds in India

Mutual Funds as a necessity to Live an Amazing Lifestyle

A mutual fund is formed when an asset management company (AMC) pools investments from various individual and institutional investors to purchase securities. 

The AMCs have fund managers to manage investments from investors. In short, mutual funds club investments from various investors to invest their money in bonds, stocks, and other similar avenues for making top-performing mutual funds in India

Investments in Mutual Funds can be risky but have the potential to give higher returns than many other investment options. However, choosing the right fund is not an easy task as there are some very important factors such as Diversification, Risk, Returns, Liquidity, etc. which are supposed to be analysed thoroughly for analysing top-performing mutual funds in India.

Check out these parameters which can help you judge the potential of a mutual fund to find out the top-performing mutual funds in India

  1. Identify the Financial Goal/Objective: 

Different Mutual Funds can serve different objectives. For instance, an investor with retirement goals would prefer investing in a long-term scheme (more than 10 years). On another side, an investor who saves to purchase property or a car would like to invest in a multi-cap fund for say three to five years. 

  1. Risk Tolerance: 

New investors with no to minimum knowledge about market functioning can invest in funds which are not too hazardous such as Debt Funds or Large Cap Equity Funds. Large Cap funds invest in companies with large market capitalization and hence, they are less affected by market volatility. Debt Funds invest in Government securities & corporate bonds which are comparatively less risky. 

On another side, investors who are more attentive with returns and comfy in fetching investment risks can invest in funds which give great returns. One can provide in Diversification which can mitigate the overall risk involvement. 

  1. Fund Performance: 

The past performance of the scheme can be a nice factor of judging the potentiality of a fund. You must observe the consistency a fund has maintained over some time and how well has it accomplished the goals.

Top performing mutual funds in Indiais given below: 

  • Mirae Asset Large Cap Fund. Small-Cap Funds. 8.84% 8.12% Invest.
  • Axis Bluechip Fund. Mid Cap Funds. 5.23% 4.49% Invest.
  • ICICI Prudential Bluechip Fund. Mid Cap Funds. -1.98% 1.53% Invest.
  • SBI Bluechip Fund. MultiCap Funds. -5.88% -0.41% Invest.
  • SBI Magnum Multicap Fund. Balanced Funds. -4.5% 1.62% 

Few more Best SIP Funds in India are: 

Following are some of the best SIP options. The funds shortlisted here are purely based on the 3-year annualised returns. Recollect, some mutual funds are susceptible to market risk and definite quantity of careful thought before investing. Clear Tax does not endorse any of the funds.

Best SIP Equity Funds:

Fund Name

3-Year Returns

Axis Bluechip Fund

17.97%

SBI Magnum Multicap Fund

11.29%

Mirae Asset Large Cap Fund

13.21%

ICICI Prudential Bluechip Fund

10.97%

SBI Bluechip Fund

9.84%

 Best SIP Debt Funds:

Fund Name

3-Year Returns

Aditya Birla Sun Life Savings Fund

4.37%

HDFC Short Term Debt Fund

7.75%

Nippon India Low Duration Fund

7%

Aditya Birla Sun Life Credit Risk Fund

5.46%

L&T Low Duration Fund

6.49%

In Nutshell, mutual funds have become the basic necessity of people in today’s expensive world. People have to save and do investment as a side income to survive.

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