Which mutual fund is best for SIP in 2020?

Which mutual fund is best for SIP in 2020?

Aditya Birla Sun Life Regular Savings Fund has been in the fourth quartile for the last seven months. The scheme was in the third quartile two months before that. Motilal Oswal Multicap 35 Fund, a multi cap scheme that is part of these portfolios, has been in the last quartile for the last two months.

Which SIP is best for 2021?

Best SIP Plans for the Year 2021

Fund Name Monthly Investment 1 Year Returns
HDFC Balance Advantage Fund 5000 3.1%
ICICI Prudential Bluechip Fund 5000 12.02%
Kotak Standard Multicap Fund 5000 18.19%
Motilal Oswal Focused 25 Fund 5000 26.57%

Which is the best mutual fund to invest in 2021?

India’s best performing mutual funds for August 2021

Name of Fund 1-Year Return 5-Year Return
Axis Blue-Chip Fund (G) 50.619% 17.397%
Canara Robeco Blue-Chip (G) 50.657% 16.707%
Mirae Asset Large Cap (G) 49.223% 15.995%
Data Source: Morningstar

What are the top 10 mutual funds in India?

Top 10 Mutual Funds in India 2020

  • 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.
  • DSP BlackRock Balanced Fund.
  • Axis Liquid Fund.

Can I lose all money in mutual fund?

All funds carry some level of risk. With mutual funds, you may lose some or all of the money you invest because the securities held by a fund can go down in value. Dividends or interest payments may also change as market conditions change.

What are the best mutual funds to invest in India?

There are many mutual funds in India. Some of the top Mutual Funds are SBI Mutual Fund, Reliance Mutual Fund, HDFC Mutual Fund, ICICI Prudential, Birla Sunlife , Quantum Mutual Fund, DSP Black Rock Mutual Fund, Franklyn India etc. Each fund runs a very wide range of mutual fund scheme, that investors can choose from.

What is mutual funds investment in India?

A mutual fund is a pool of funds collected from multiple investors which invests in assets like stocks and bonds. Mutual funds are managed by Asset Management Companies (AMCs). Each AMC will typically have several mutual fund schemes. The total size of the mutual fund industry in India crossed Rs 23 lakh crore in 2018.

How do you start a mutual fund account?

6 Steps to Start a Mutual Fund Step 1. Incorporate a Management Company Step 2. Register with the Government Step 3. Pay Registration Fee Step 4. Capital Requirements Step 5. Create Prospectus Step 6. Sell Shares

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