Mutual funds have become increasingly popular among investors due to their potential for high returns and diversification of investment risk. With so many options available, it can be challenging to determine which mutual funds are the best investment for you. In this blog, we will explore some of the top mutual funds for high returns to help you make informed decisions about your investment portfolio.
Mirae Asset Large Cap Fund
Mirae Asset Large Cap Fund is one of the most popular mutual funds in India. It is a large-cap fund that invests in large-cap companies with a track record of stable growth. This fund has consistently outperformed its benchmark over the long term and has a 5-year average return of over 18%. The fund has a low expense ratio and has delivered consistent returns over the years.
Axis Focused 25 Fund
Axis Focused 25 Fund is a focused fund that invests in up to 25 high conviction stocks across various sectors. The fund has a track record of generating high returns and has delivered an average return of over 20% over the past 5 years. The fund’s portfolio is well-diversified, and it has a low expense ratio, making it an attractive option for investors.
HDFC Small Cap Fund
HDFC Small Cap Fund is a small-cap fund that invests in companies with market capitalization up to Rs. 500 crores. The fund has a strong track record of generating high returns over the long term, and its 5-year average return is over 22%. The fund has a well-diversified portfolio and invests in high-growth companies that have the potential for significant upside.
SBI Magnum Multicap Fund
SBI Magnum Multicap Fund is a multicap fund that invests across large-cap, mid-cap, and small-cap companies. The fund’s portfolio is well-diversified, and it has a track record of generating high returns over the long term. The fund’s 5-year average return is over 19%, and it has a low expense ratio, making it an attractive option for investors.
ICICI Prudential Equity & Debt Fund
ICICI Prudential Equity & Debt Fund is a hybrid fund that invests in both equity and debt instruments. The fund has a well-diversified portfolio and invests in high-quality companies with a track record of stable growth. The fund has consistently delivered high returns over the long term, and its 5-year average return is over 16%. The fund’s low expense ratio makes it an attractive option for investors who want to diversify their portfolio across equity and debt instruments.
In conclusion
mutual funds are a great investment option for investors looking to diversify their portfolio and generate high returns. The mutual funds listed above have a track record of delivering high returns over the long term and have a well-diversified portfolio. However, it is important to note that past performance is not indicative of future returns, and investors should do their research before investing in any mutual fund. It is also important to consider your investment goals and risk appetite before investing in any mutual fund.
Read more useful content:
- How to invest in mutual funds
- All about mutual funds-types & importance
- The Power of SIP Investment in Mutual Funds
Frequently Asked Questions (FAQs)
Q: What are mutual funds?
A: Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.
Q: What are the best mutual funds for high returns?
A: The best mutual funds for high returns depend on several factors, including the investor’s investment goals, risk appetite, and investment horizon. Some of the top mutual funds for high returns are Mirae Asset Large Cap Fund, Axis Focused 25 Fund, HDFC Small Cap Fund, SBI Magnum Multicap Fund, and ICICI Prudential Equity & Debt Fund.
Q: What is the average return on these mutual funds?
A: The average return on these mutual funds varies and is subject to market fluctuations. However, over the past 5 years, Mirae Asset Large Cap Fund has a 5-year average return of over 18%, Axis Focused 25 Fund has an average return of over 20%, HDFC Small Cap Fund has an average return of over 22%, SBI Magnum Multicap Fund has an average return of over 19%, and ICICI Prudential Equity & Debt Fund has an average return of over 16%.
Q: What is the minimum investment required for these mutual funds?
A: The minimum investment required for these mutual funds varies and is subject to change. However, typically, the minimum investment required for these mutual funds ranges from Rs. 500 to Rs. 5,000.
Q: Are these mutual funds safe for investment?
A: While mutual funds are subject to market fluctuations and are not completely risk-free, these mutual funds have a track record of delivering high returns over the long term and have a well-diversified portfolio. However, investors should do their research and consider their investment goals, risk appetite, and investment horizon before investing in any mutual fund.
Q: How can I invest in these mutual funds?
A: Investors can invest in these mutual funds through various channels, including online investment platforms, mutual fund distributors, and direct plans offered by mutual fund companies. Investors should choose a channel that is convenient and suits their investment needs.
