Mutual funds are one of the most popular investment options in India, as they offer a diversified portfolio of stocks, bonds, and other assets to investors. In 2021, despite the pandemic’s economic impact, the Indian stock market saw an upward trend, and mutual funds continued to be a preferred investment option. If you’re looking to invest in mutual funds, here are the top 10 mutual funds in India for 2021.
- Mirae Asset Large Cap Fund: Mirae Asset Large Cap Fund is one of the best-performing mutual funds in India, with a return of 44.47% in 2021. It invests in large-cap stocks and has a diversified portfolio across sectors like finance, energy, and technology.
- Axis Bluechip Fund: Axis Bluechip Fund is another top-performing mutual fund in India, with a return of 45.07% in 2021. It invests in blue-chip stocks and has a diversified portfolio across sectors like finance, energy, and healthcare.
- Kotak Emerging Equity Fund: Kotak Emerging Equity Fund is a top-performing mutual fund that invests in mid-cap and small-cap stocks. It has a diversified portfolio across sectors like consumer goods, finance, and healthcare, and has returned 70.31% in 2021.
- SBI Small Cap Fund: SBI Small Cap Fund is a top-performing mutual fund that invests in small-cap stocks. It has a diversified portfolio across sectors like consumer goods, finance, and healthcare, and has returned 93.44% in 2021.
- HDFC Mid-Cap Opportunities Fund: HDFC Mid-Cap Opportunities Fund is a top-performing mutual fund that invests in mid-cap stocks. It has a diversified portfolio across sectors like consumer goods, finance, and healthcare, and has returned 62.64% in 2021.
- ICICI Prudential Bluechip Fund: ICICI Prudential Bluechip Fund is a top-performing mutual fund that invests in blue-chip stocks. It has a diversified portfolio across sectors like finance, energy, and healthcare, and has returned 39.94% in 2021.
- Aditya Birla Sun Life Mid Cap Fund: Aditya Birla Sun Life Mid Cap Fund is a top-performing mutual fund that invests in mid-cap stocks. It has a diversified portfolio across sectors like consumer goods, finance, and healthcare, and has returned 64.19% in 2021.
- DSP Midcap Fund: DSP Midcap Fund is a top-performing mutual fund that invests in mid-cap stocks. It has a diversified portfolio across sectors like consumer goods, finance, and healthcare, and has returned 60.92% in 2021.
- Nippon India Small Cap Fund: Nippon India Small Cap Fund is a top-performing mutual fund that invests in small-cap stocks. It has a diversified portfolio across sectors like consumer goods, finance, and healthcare, and has returned 88.22% in 2021.
- Axis Midcap Fund: Axis Midcap Fund is a top-performing mutual fund that invests in mid-cap stocks. It has a diversified portfolio across sectors like consumer goods, finance, and healthcare, and has returned 63.43% in 2021.
In conclusion
investing in mutual funds is an excellent way to diversify your portfolio and grow your wealth over the long term. The top 10 mutual funds listed above have all performed exceptionally well in 2021, and investors can consider investing in them based on their risk appetite and financial goals.
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 and invest in a diversified portfolio of stocks, bonds, and other assets. The fund is managed by a professional fund manager who invests the money on behalf of the investors.
Q: Why should I invest in mutual funds?
A: Investing in mutual funds is a great way to diversify your portfolio and reduce your risk. Mutual funds provide access to a diversified portfolio of stocks and bonds, which can help you achieve your long-term financial goals.
Q: What are the top 10 mutual funds of 2021?
A: The top 10 mutual funds of 2021 are:
Mirae Asset Large Cap Fund
Axis Bluechip Fund
Kotak Emerging Equity Fund
SBI Small Cap Fund
HDFC Mid-Cap Opportunities Fund
ICICI Prudential Bluechip Fund
Aditya Birla Sun Life Mid Cap Fund
DSP Midcap Fund
Nippon India Small Cap Fund
Axis Midcap Fund
Q: How were these mutual funds selected?
A: These mutual funds were selected based on their performance in 2021, their past track record, and their overall reputation in the market. The selection was made based on various parameters like fund management, diversification, expense ratio, and historical performance.
Q: Are mutual funds safe?
A: Mutual funds are subject to market risks, and there is no guarantee of returns. However, mutual funds are managed by professional fund managers who have experience and expertise in investing. Investing in mutual funds is generally considered safe over the long term.
Q: How can I invest in mutual funds?
A: You can invest in mutual funds through various channels like online platforms, mobile apps, or through a financial advisor. You can also invest directly with the mutual fund company or through a brokerage firm.
Q: What is the minimum investment required to invest in mutual funds?
A: The minimum investment required to invest in mutual funds can vary from fund to fund. Some mutual funds have a minimum investment of Rs. 100 while others can have a minimum investment of Rs. 5,000 or more.
Q: How do I choose the right mutual fund?
A: To choose the right mutual fund, you should consider factors like your financial goals, investment horizon, risk appetite, and past performance of the fund. You can also consult a financial advisor to help you choose the right mutual fund for your investment needs.
