Which is the best mutual fund today?
The highest delivering small cap mutual fund in 2023 was Mahindra Manulife Small Cap Fund, which offered over 53 per cent annual return last year, according to data available on Association of Mutual Funds in India (AMFI).
- Sundaram Flexi Cap Fund Direct Growth. ...
- Bandhan Flexi Cap Fund-Direct Plan-Growth. ...
- Canara Robeco Flexi Cap Fund Direct Plan Growth Option. ...
- SBI Flexicap Fund Direct Growth. ...
- Kotak Flexicap Fund Direct Growth. ...
- Axis Flexi Cap Fund Direct Growth. ...
- PGIM India Flexi Cap Fund Direct Growth.
| Ticker | Name | 5-year return (%) |
|---|---|---|
| PBFDX | Payson Total Return | 16.30% |
| SSAQX | State Street US Core Equity Fund | 16.20% |
| CORRX | Columbia Contrarian Core Adv | 15.89% |
| FGRTX | Fidelity Mega Cap Stock | 15.73% |
- Invesco India Mid Cap Fund. ...
- Tata Midcap Growth Fund. ...
- Kotak Emerging Equity Fund. ...
- HSBC Midcap Fund. EQUITY Mid Cap. ...
- UTI Mid Cap Fund. EQUITY Mid Cap. ...
- Axis Midcap Fund. EQUITY Mid Cap. ...
- DSP Midcap Fund. EQUITY Mid Cap. ...
- Mirae Asset Midcap Fund. EQUITY Mid Cap.
| Mutual Fund | Expense Ratio | 30-day SEC Yield |
|---|---|---|
| Fidelity Total Bond Fund (FTBFX) | 0.45% | 5.9% |
| BBH Limited Duration Fund Class N (BBBMX) | 0.35% | 5.8% |
| Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) | 0.23% | 7.6% |
| Fidelity Inflation-Protected Bond Index Fund (FIPDX) | 0.05% | 7.7% |
| Mutual funds | 1-year return (%) |
|---|---|
| Axis Value Fund | 40.16 |
| SBI Long Term Equity Fund | 40.00 |
| HDFC Multi Cap Fund | 40.19 |
| Kotak Multicap Fund | 39.77 |
The highest delivering small cap mutual fund in 2023 was Mahindra Manulife Small Cap Fund, which offered over 53 per cent annual return last year, according to data available on Association of Mutual Funds in India (AMFI).
| Fund | AUM (In Crs) | 5 Yr Return (%) |
|---|---|---|
| HDFC Balanced Advantage Fund Direct Plan Growth Option | ₹73349 Cr | 20.95 % |
| Edelweiss Aggressive Hybrid Direct Plan Growth Option | ₹1170 Cr | 19.17 % |
| UTI Aggressive Hybrid Fund-Growth - Direct | ₹5215 Cr | 17.16 % |
Nobody can predict the market movements. Hence, instead of focusing on timing the market, one should be disciplined and should keep on investing in equity mutual funds irrespective of the market fluctuations. In the long term, these short term fluctuations do not affect your investments.
| Average Mutual Fund Returns | ||
|---|---|---|
| Category | 2021 Return | 10-Year |
| U.S. Mid-Cap Stock | 23.40% | 13.12% |
| U.S. Small-Cap Stock | 24.19% | 12.74% |
| International Large-Cap Stock | 9.72% | 7.85% |
Which mutual fund gives 20 percent return?
HSBC Midcap Fund gave 20.20% in the 10-year horizon. Four schemes from Quant Mutual Fund offered more than 20% in the 10-year horizon. Two schemes from SBI Mutual Fund, Kotak Mutual Fund, and HDFC Mutual Fund offered over 20% during the same time period. Note, the above exercise is not a recommendation.
Quant Tax Plan, the only ELSS scheme in the category, gave 33.06% in a three-year period. ICICI Prudential Technology Fund, Tata Small Cap Fund, and Bandhan Small Cap Fund gave 32.77%, 32.73%, and 32.04% respectively.
Small-cap funds can be a good option for aggressive investors with long-term time horizons. A risk-averse person can consider investing in a multi-asset mutual fund as it invests in various asset classes such as stocks, gold, debt, etc.
| Fund Name | 3Y Returns | 5Y Returns |
|---|---|---|
| ICICI Prudential MIP 25 | 7.6% | 7.7% |
| ICICI Prudential Monthly Income Plan | 7.6% | 9.1% |
| Invesco India Regular Savings Fund | 7.4% | 6.9% |
| Reliance Hybrid Bond Fund | -1.56% | 1.65% |
If you were to invest Rs 1,000 per month into an equity SIP over a span of 30 years at 12 per cent per annum, you would have invested only Rs 3.6 lakhs. However, your portfolio's value would have grown to an impressive Rs 34.9 lakhs.
- Vanguard Dividend Appreciation Index Admiral Shares (VDADX)
- T. Rowe Price Dividend Growth Fund (PRDGX)
- Vanguard Dividend Growth Investor Shares (VDIGX)
- Vanguard High Dividend Yield Index Admiral Shares (VHYAX)
- Vanguard Equity-Income Investor Shares (VEIPX)
BlackRock Exchange Portfolio (STSEX)
Easily one of the top-rated examples of the safest mutual funds, the BlackRock Exchange Portfolio (MUTF:STSEX) seeks long-term growth of capital and consequent long-term growth of income, per its prospectus.
- Decide whether to go active or passive.
- Calculate your budget.
- Figure out your risk tolerance.
- Think about your asset allocation.
- Chasing hot-performing funds.
- Following a suggestion from family or friends.
- Pick the funds with the highest star ratings.
- Thinking bonds are too boring.
Mutual funds have sales charges, and that can take a big bite out of your return in the short run. To mitigate the impact of these charges, an investment horizon of at least five years is ideal.
I put my personal 401(k) and a lot of my mutual fund investing in four types of mutual funds: growth, growth and income, aggressive growth, and international. I personally spread mine in 25% of those four.
How many mutual funds should I have?
While there is no precise answer for the number of funds one should hold in a portfolio, 8 funds (+/-2) across asset classes may be considered optimal depending on the financial objectives and goals of the investor. Further, higher allocation of portfolio to the right fund is of crucial importance.
- Quant Mid Cap Fund. 12.49%
- Quant Small Cap Fund. 11.38%
- Quant Large & Mid Cap Fund. 10.19%
- Quant Large Cap Fund. 9.95%
- ITI Mid Cap Fund. 9.49%
- Kotak Multicap Fund. 9.45%
- Quant Focused Fund. 9.34%
- SBI Long Term Equity Fund. 9.31%
If you Invest in SBI Small Cap Mutual Fund thru SIP of Rs 1000 per month for 20 Years or 240 months then your Expected Fund value at the end of the 20 th Year would be Rs 24,38,856.38 approx. SBI Small Cap Fund is currently returning 25.81 % average since its launch.
(You must convert the rate of return to the monthly figure through dividing by 12). You also have n = 10 years or 120 months. FV = Rs 1,84,170. So, the future value of a SIP investment of Rs 1,000 per month for 10 years at an estimated rate of return of 8% is Rs 1,84,170.
If an investor invests INR 20,000 per month for a period of 5 years, he will be able to earn INR 17 lakh as the overall income generated from SIP. The total investment in the tenure of 5 years will be only INR 12 lakh. However, the returns of INR 5 lakh will turn into INR 17 lakh.
