Top Mutual Funds
Investing in today’s era has become everyone’s need. But it is not easy to choose the right option amidst the fluctuations in the stock market. In such a situation, if you are thinking of investing in mutual funds, then you need to know about some funds that have been earning well for the last several years. In a recent ET report, some equity mutual funds have been identified which have given an annual return of more than 20% in the last five and seven years. These funds are constantly giving good benefits to investors despite the uncertainties of the stock market.
What are these top mutual funds?
These funds include four funds of Quant Mutual Fund, Kotak Mutual Fund and two each of Nippon India, and the rest of the funds are from Axis, SBI, DSP, Edelweiss, HDFC, ICICI Prudential, Invesco, Motilal Oswal, Motilal Oswal and PGIM India Mutual Funds. All of them have shown consistent performance and have given huge profits to investors.
What are the most returns funds?
Motilal Oswal Midcap Fund has given the highest return of 25.83% in seven years in the last five years, while Quant Small Cap Fund has given the highest return in seven years. At the same time, Edelweiss Mid Cap Fund, HDFC Mid Cap Fund and ICICI Pu Small Cap Fund have also given a compound annual growth rate (CAGR) above 20%. Overall, these funds have proved to be very beneficial for investors.
Return of top 10 mutual funds in 5 and 7 years
Encouragement before investment
It is important to know that these figures only reflect the returns of the last five and seven years. This does not mean that the same return will be available in future. While making investment decisions, do not make the previous performance of mutual funds only the basis. Do think your risk capacity, investment time and financial goals. Also, taking the advice of experts before investment is also beneficial.
Why invest in mutual funds?
Mutual funds can be better option than investing directly in the stock market, as they are run by professional managers. They invest your money in the right place by checking the market deeply. The funds mentioned above have also proved that by choosing the right fund, you can earn good profit in the long term.