Are you looking to kickstart your financial planning and maximize your returns on investments? Well then it’s time to step up your game and invest in the best mutual funds in India. Investing in mutual funds is an excellent way to achieve your long-term financial planning goals. We know that investing in mutual funds can be overwhelming, especially with so many options to choose from. But don’t worry, we’ve got you covered! In this blog, we have handpicked the 5 best mutual fund that can give you the right balance of risk and return.
Mirae Asset Large Cap Mutual Fund
Mirae Asset Large Cap Fund is a popular choice for investors looking to invest in large-cap mutual funds. This fund has consistently outperformed its peers over the years. The fund has a diversified portfolio with investments in blue-chip companies like HDFC Bank, ICICI Bank, and Reliance Industries. The fund’s expense ratio is also lower than its peers, making it an attractive investment option.
Axis Midcap Mutual Fund
Axis Midcap Fund is a mid-cap mutual fund that has been a consistent performer over the years. This fund invests in high-growth mid-cap companies with a strong track record. The fund has a diversified portfolio with investments in companies like Mphasis, Cholamandalam Investment and Finance, and Shriram Transport Finance. The fund’s expense ratio is also lower than its peers, making it an attractive investment option.
SBI Magnum Multicap Mutual Fund
SBI Magnum Multicap Fund is a multicap mutual fund that invests across market capitalizations. The fund has a diversified portfolio with investments in companies across sectors like financial services, consumer goods, and healthcare. The fund has consistently outperformed its peers over the years. The fund’s expense ratio is also lower than its peers, making it an attractive investment option.
HDFC Small Cap Mutual Fund
HDFC Small Cap Fund is a small-cap mutual fund that invests in high-growth small-cap companies with a strong track record. The fund has a diversified portfolio with investments in companies like Blue Dart Express, L&T Finance Holdings, and Tata Elxsi. The fund has consistently outperformed its peers over the years. The fund’s expense ratio is also lower than its peers, making it an attractive investment option.
Kotak Emerging Equity Mutual Fund
Kotak Emerging Equity Fund is an emerging market mutual fund that invests in high-growth companies in emerging markets. The fund has a diversified portfolio with investments in companies across sectors like financial services, consumer goods, and healthcare. The fund has consistently outperformed its peers over the years. The fund’s expense ratio is also lower than its peers, making it an attractive investment option.
When investing, it is important to keep in mind your investment goals and risk appetite. The above-mentioned funds are handpicked for their consistent performance and attractive expense ratios, making them great investment options for your financial planning needs. You can review the funds and invest according to your financial planning either in Small cap mutual fund, large cap mutual fund, midcap mutual fund, or in multicap mutual fund.
Investing in mutual funds also comes with its fair share of risks. One should always research thoroughly and consult a financial advisor before investing. Some of the risks associated with mutual funds are market risk, liquidity risk, credit risk, and interest rate risk. It is important to keep in mind your financial planning goals and risk appetite when investing.
So, start your financial planning journey today and invest in the mutual fund that aligns with your financial planning goals and risk appetite. Happy investing!
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