Mutual funds have been one of the best options to invest and earn good returns. However, there are so many mutual fund schemes available in the market that you might get confused and invest the money in the wrong place. But, a good research and the genuine understanding of your needs can surely help you find the best mutual funds in India. In today’s time, everyone is falling short of time even it is for our own good.
So, here are giving you the basic understanding of mutual funds. The objective of the mutual funds is to provide security to your money, be a source of income and also the growth.
Objective of Mutual Funds
- Capital security
- Income
- Growth
Where is the money invested by Mutual Funds?
We are all the concerned of where we are investing so is the case with mutual funds. So, for your understanding here are the segments where the mutual fund money is invested. An investor has the option to choose where he wants to put his/her money.
Stocks: Stocks represent ownership or equity in a company, which are also known as shares.
Bonds: Bonds represent debt from companies, financial institutions or government agencies.
Money Market Instruments: These consist of short-term debt instruments such as treasury bills, certificate of deposits and inter-bank call money.
Here are top 10 mutual funds for each capital security, income and the growth segment. So, have a look.
Top 10 Mutual Funds in India
Having gone through the above-listed funds, you must have got the idea of the options. However, there are many other funds as well who are not mentioned here but can give you a higher return. For your reference, here are some of the best mutual funds offered by the top providers:
Top performing SBI Mutual Funds
- Equity Schemes
- SBI Magnum Equity Fund
- SBI Magnum Global Fund
- SBI Magnum Midcap Fund
- SBI Blue Chip Fund
- SBI Magnum Multiplier Fund
- SBI Magnum Taxgain Scheme
- SBI FMCG Fund
- SBI IT Fund
- SBI Pharma Fund
- Debt Funds
- SBI Magnum Income Fund
- SBI Dynamic Bond Fund
- SBI Savings Fund
- SBI Magnum Gilt Fund
- SBI Ultra Short Term Debt Fund
- SBI Short Term Debt Fund
- SBI Corporate Bond Fund
- SBI Treasury Advantage Fund
- SBI Pharma Fund
- Hybrid Schemes
- SBI Dual Advantage Fund
- SBI Magnum Balanced Fund
- SBI Magnum Children's Benefit Plan
- SBI Regular Savings Fund
- SBI Magnum Monthly Income Plan
- SBI Magnum Monthly Income Plan Floater
- SBI Dynamic Asset Allocation Fund
- SBI Equity Savings Fund
- Liquid Funds
- SBI Magnum InstaCash Fund
- SBI Premier Liquid Fund
- SBI Magnum InstaCash Fund
- Fixed Maturity Plans(FMP)
- Exchange Traded Schemes
- SBI ETF-Gold
- SBI-ETF Sensex
- SBI-ETF NIFTY NEXT 50
- SBI-ETF NIFTY BANK
- SBI-ETF BSE 100
- SBI-ETF NIFTY 50
- SBI-ETF 10 YEAR GILT
- Fund of Fund Schemes
- SBI Gold Fund
Top 10 Mutual Funds by Axis Bank
- Axis Gold Fund -Growth
- Axis Gold ETF Fund
- Axis Banking & PSU Debt Fund -Growth
- Axis Banking & PSU Debt Fund -Dividend Daily
- Axis Fixed Term Plan - Series 69 (3 years) - Regular Plan -Growth
- Axis FTP Series 42 (552 Days) Regular -Growth
- Axis Focused 25 Fund -Growth
- Axis Focused 25 Fund -Dividend
- Axis FTP Series 48 (1095 Days) Regular-Growth
- Axis FTP Series 48 (1095 Days) Regular-Dividend
Top 10 Mutual Funds by ICICI Bank
- ICICI Prudential Banking and Financial Services Fund -Growth
- ICICI Prudential Advisor Series - Dynamic Accrual Plan -Growth
- ICICI Prudential Advisor Series - Dynamic Accrual Plan -Dividend
- ICICI Prudential Annual Interval Plan II – Growth
- ICICI Prudential Capital Protection Oriented Fund - Series IX - 1101 Days - Plan A -Growth
- ICICI Prudential Annual Interval Plan I – Growth
- ICICI Prudential Annual Interval Plan III Retail-Growth
- ICICI Prudential Annual Interval Plan IV Retail-Growth
- ICICI Prudential Annual Interval Plan IV Retail-Dividend
- ICICI Prudential Capital Protection Oriented Fund - Series VII - 1284 Days - Plan E -Growth
With the help of the above-listed mutual funds, you can surely choose the best ones for yourself. Since the past performances play an important role in deciding which fund has been offering good results, it is good to go through the detailed performance and then proceed.
Disclaimer - Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.
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