Which bank mutual fund is best in India?

Which bank mutual fund is best in India?

Top 10 Mutual Funds in India 2020

  • ICICI Prudential Focused Bluechip Equity Fund.
  • Aditya Birla Sun Life Small & Midcap Fund.
  • Tata Equity PE Fund.
  • HDFC Monthly Income Plan – MTP.
  • L Tax Advantage Fund.
  • SBI Nifty Index Fund.
  • Kotak Corporate Bond Fund.
  • Canara Robeco Gilt PGS.

Which bank mutual fund is good?

The fund’s top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Axis Bank Ltd., State Bank of India, Kotak Mahindra Bank Ltd. The NAV of the fund is Rs 24.39. The AUM of SBI Banking & Financial Services Fund is Rs 2,401 Crores.

Which is the No 1 mutual fund in India?


ELSS Crisil Rank
Axis Long Term Equity – Direct (G) Scheme: Axis Long Term Equity – Direct (G) Performance Charts Investment Info Holdings Peer Comparison Rank 1
Axis Long Term Equity Fund (G) Scheme: Axis Long Term Equity Fund (G) Performance Charts Investment Info Holdings Peer Comparison Rank 1

Which bank introduce mutual funds in India?

The Mutual Fund industry in India started in 1963 with formation of UTI in 1963 by an Act of Parliament and functioned under the Regulatory and administrative control of the Reserve Bank of India (RBI).

Which is better SBI Mutual Fund or HDFC Mutual Fund?

Yearly Performance section compares the returns generated by both the schemes for a particular year. The comparison of yearly performance reveals that for certain years, the performance of HDFC Hybrid Equity Fund is better while for certain years; the performance of SBI Equity Hybrid Fund is better.

Which SIP is best for 5 years?

Best SIP Plans for 5 And 3 Years in Equity Funds and Debt Funds

Fund Name 5 years Return 3 years Return
HDFC Balance Advantage Fund 15.50% 16.60%
ICICI Prudential Bluechip Fund 10.81% 8.48%
Kotak Standard Multicap Fund 13.24% 11.14%
Quant Infrastructure Fund 24.14% 38.02%

Which is better mutual fund or FD?

When FD vs mutual fund is compared, FDs are thought to be the safest investment because of assured interest and principal on maturity. Though FDs are thought to be risk-free investments, investors should know that the liquidity and safety of FD depends on the financial solvency of the bank/ financial institutions.

Can I invest 1000 in mutual funds?

Mutual funds primarily offer investment through SIP option, lump sum option or both. This is in no way a recommendation that historical returns or a minimum investment amount of Rs 1000 should be considered foremost before making any investment. …

Which MF gives highest return?

10 best-performing mutual funds in the last 5 years that could make you rich

  1. Axis Bluechip Fund (Large-Cap)
  2. Canara Robeco Bluechip Equity Fund (Large-Cap)
  3. PGIM India Mid-Cap Opportunities Fund.
  4. Axis Mid-Cap Fund.
  5. Nippon India Small-Cap Fund.
  6. SBI Small-Cap Fund.
  7. Parag Parikh Flexi-Cap Fund.
  8. PGIM India Flexi-Cap Fund.

Which fund is best for SIP?

The table below shows the best equity funds:

Mutual fund 5 Yr. Returns Rating
PGIM India Midcap Opportunities Fund – Direct Plan – Growth 21.61%
Kotak Small Cap Fund – Direct Plan – Growth 21.3%
ICICI Prudential Technology Fund – Direct Plan – Growth 32.07% NA
Aditya Birla Sun Life Digital India Fund – Growth-Direct Plan 31.22% NA

Does RBI regulate mutual funds?

Along with SEBI, mutual funds are regulated by RBI, Companies Act, Stock exchange, Indian Trust Act and Ministry of Finance. RBI acts as a regulator of Sponsors of bank-sponsored mutual funds, especially in the case of funds offering guaranteed returns.

Which funds is lowest in risk?

List of Low Risk Mutual Funds in India

Fund Name Category 1Y Returns
Tata Arbitrage Fund Hybrid 4.7%
Edelweiss Arbitrage Fund Hybrid 4.8%
Nippon India Arbitrage Fund Hybrid 4.8%
HSBC Overnight Fund Debt 3.3%

What are the best mutual funds in India?

Best Index Funds in India 2021 (Sensex) #1. HDFC Index Sensex Fund. HDFC Index Sensex fund is a high-performance mutual fund that gives you an annual return around 17% as per the current trailing results. The fund has outperformed since its inception and has given above 15% annual returns. However, the risk factor for the index fund is also high.

What are the top mutual funds in India?

ICICI Prudential Technology Direct Plan Growth.

  • Quant Tax Plan Direct Growth.
  • Nippon India Pharma Fund Direct Growth.
  • Quant Active Fund Direct Growth.
  • PGIM India Midcap Opportunities Fund Direct Growth.
  • IIFL Focused Equity Fund Direct Growth.
  • Mirae Asset Emerging Bluechip Fund Direct Growth.
  • Parag Parikh Flexi Cap Fund Direct Growth.
  • What are the main types of mutual funds in India?

    Equity Funds: These funds are meant to invest in equities of companies.

  • Debt Funds: These funds invest in debt instruments,meaning these funds invest in company debentures,government bonds,and other fixed income assets.
  • Money Market Funds: These funds invest in liquid instruments like treasury bills,CPs etc.
  • Which mutual fund is best to invest now in India?

    Mean rolling returns: Rolled daily for the last three years.

  • Consistency in the last three years: Hurst Exponent,H is used for computing the consistency of a fund.
  • Downside risk: We have considered only the negative returns given by the mutual fund scheme for this measure.
  • Outperformance: Fund Return – Benchmark return.