Which mutual fund is best to invest? (2024)

Which mutual fund is best to invest?

Although there are many dividend mutual funds out there, the Federated Strategic Value Dividend Fund, Vanguard High Dividend Yield Index Fund, Vanguard Equity Income Fund, Blackrock Equity Dividend Fund, and T. Rowe Price Dividend Growth Fund stand out as the top options for people seeking an attractive income stream.

Which mutual fund is best to invest now?

BEST MUTUAL FUNDS
  • Tata Flexi Cap Fund Direct Growth. ...
  • Kotak Flexicap Fund Direct Growth. ...
  • Navi Flexi Cap Fund Direct Growth. ...
  • Bandhan Flexi Cap Fund-Direct Plan-Growth. ...
  • Canara Robeco Flexi Cap Fund Direct Plan Growth Option. ...
  • Samco Flexi Cap Fund Direct Growth. ...
  • Sundaram Flexi Cap Fund Direct Growth. ...
  • SBI Flexicap Fund Direct Growth.

Which mutual fund has the highest return?

Best-performing U.S. equity mutual funds
TickerName5-year return (%)
STSEXBlackRock Exchange BlackRock16.47%
USBOXPear Tree Quality Ordinary16.38%
PBFDXPayson Total Return16.30%
SSAQXState Street US Core Equity Fund16.20%
3 more rows
Jan 31, 2024

What is the highest paying mutual fund?

Although there are many dividend mutual funds out there, the Federated Strategic Value Dividend Fund, Vanguard High Dividend Yield Index Fund, Vanguard Equity Income Fund, Blackrock Equity Dividend Fund, and T. Rowe Price Dividend Growth Fund stand out as the top options for people seeking an attractive income stream.

Which mutual fund has highest return in 1 year?

CPSE ETF, the topper in the category, offered 109.33% in one year horizon. Aditya Birla Sun Life PSU Equity Fund gave around 97.01% in one year. SBI PSU Fund offered 92.52% during the same time period. Invesco India PSU Equity Fund, the oldest scheme in the category, offered 84.22% in one year horizon.

What is the safest mutual fund?

BlackRock Exchange Portfolio (STSEX)

Easily one of the top-rated examples of the safest mutual funds, the BlackRock Exchange Portfolio (MUTF:STSEX) seeks long-term growth of capital and consequent long-term growth of income, per its prospectus.

What are the top ranked mutual funds in 2023?

These include JM Value Fund, Nippon India Value Fund and Aditya Birla Sun Life Pure Value Fund and Axis Value Fund. Some multi cap mutual funds gave returns as high as 38-40 percent which include HDFC Multi Cap Fund, Kotak Multicap Fund, ITI Multi Cap Fund and Nippon India Multi Cap Fund.

What is the 10-year return on mutual funds?

For the top 20 funds, the average 10-year annualized return was 20.83%. For comparison, the S&P 500's annualized return for the same decade was about 12.39% . For the full list of the top 20 mutual funds of 2013 to 2023, scroll through the cardshow below. (All data is from Morningstar Direct, and is current as of Oct.

What is the average 10-year return on mutual funds?

Average Mutual Fund Returns
Category2021 Return10-Year
U.S. Mid-Cap Stock23.40%13.12%
U.S. Small-Cap Stock24.19%12.74%
International Large-Cap Stock9.72%7.85%
5 more rows
Jan 22, 2022

Which funds to invest in 2023?

Top 10 performing Elite Rated funds in 2023
RankFund namePercentage returns year to date*
2Sanlam Global Artificial Intelligence31.4%
3Baillie Gifford American30.6%
4Guinness Global Innovators26.4%
5AXA Framlington Global Technology26.3%
6 more rows
Dec 13, 2023

What if I invest $1,000 per month in mutual funds?

If you were to invest Rs 1,000 per month into an equity SIP over a span of 30 years at 12 per cent per annum, you would have invested only Rs 3.6 lakhs. However, your portfolio's value would have grown to an impressive Rs 34.9 lakhs.

What is the most popular mutual fund?

Most Popular
  • #1. BNY Mellon Corporate Bond Fund BYMMX.
  • #2. Miller Intermediate Bond Fund MIFIX.
  • #3. Calvert Income Fund CFICX.

What are the top 5 performing mutual funds?

Top performing low-fee mutual funds
  • Shelton Nasdaq-100 Index Investor (NASDX)
  • Victory Nasdaq-100 Index (USNQX)
  • VALIC Company I Nasdaq-100 Index (VCNIX)
  • Fidelity Large Cap Growth Index (FSPGX)
  • Schwab U.S. Large-Cap Growth Index (SWLGX)
  • T. ...
  • Fidelity U.S. Sustainability Index Fund (FITLX)

What if I invest $1,000 in mutual funds for 10 years?

(You must convert the rate of return to the monthly figure through dividing by 12). You also have n = 10 years or 120 months. FV = Rs 1,84,170. So, the future value of a SIP investment of Rs 1,000 per month for 10 years at an estimated rate of return of 8% is Rs 1,84,170.

What if I invest $2,000 per month in mutual fund?

Take an example where you invest Rs 2,000 per month for a tenure of 24 months. You expect a 12% annual rate of return (r). You have i = r/100/12 or 0.01. You get Rs 54,486 at maturity.

Which mutual funds to invest in 2024?

Equity Mutual Funds: Top 10 performers in 2024 so far
  • Quant Value Fund. 14.06%
  • Quant Flexi Cap Fund. 13.39%
  • Quant Mid Cap Fund. 12.49%
  • Quant Small Cap Fund. 11.38%
  • Quant Large & Mid Cap Fund. 10.19%
  • Quant Large Cap Fund. 9.95%
  • ITI Mid Cap Fund. 9.49%
  • Kotak Multicap Fund. 9.45%
Feb 16, 2024

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.

Is it wise to invest in mutual funds now?

According to experts, you should think about buying mutual funds when their NAV (Net Asset Value) is lower than their unit price. This will assist you to maximise your returns. Additionally, you should think about investing when the markets are at their lowest point. You can then purchase the shares at lower prices.

What are the five cons of a mutual fund?

Potential Cons
  • High fees. Mutual funds have expenses, typically ranging between 0.50% to 1%, which pay for management and other costs to operate the fund. ...
  • Market risk. Just as with stocks and bonds, mutual funds generally have market risk, meaning that prices can fluctuate up and down. ...
  • Manager risk. ...
  • Tax inefficiency.
Oct 6, 2023

What 4 mutual funds does Dave Ramsey invest in?

I put my personal 401(k) and a lot of my mutual fund investing in four types of mutual funds: growth, growth and income, aggressive growth, and international.

Which mutual fund is best in USA?

Top 25 Mutual Funds
RankSymbolFund Name
1VSMPXVanguard Total Stock Market Index Fund;Institutional Plus
2FXAIXFidelity 500 Index Fund
3VFIAXVanguard 500 Index Fund;Admiral
4VTSAXVanguard Total Stock Market Index Fund;Admiral
21 more rows

Which mutual fund is best for next 5 years?

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.
Feb 5, 2024

What if I invest $10,000 in mutual funds for 10 years?

It has given 25.96 % annualised returns in ten years. The calculator shows that a monthly SIP of ₹10,000 in this fund could have grown to approx. ₹57,53,702 in ten years. The mutual fund calculator shows how a lumpsum investment of 1 lakh grew more than five times in ten years.

What if I invest $10,000 every month in mutual funds?

So, assuming an investor invests ₹10,000 per month for 15 years, maintaining 10 per cent annual step up, mutual funds SIP calculator suggests that one's SIP of ₹10,000 would yield ₹1,03,11,841 or ₹1.03 crore.

How many years should I invest in mutual funds?

Long term investments are usually for a period of more than three years. The top choices for long term investments are equity mutual funds and hybrid funds. These long term funds offer higher growth when compared to debt mutual funds and traditional investments.

References

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