Best Mutual Fund :

Are you also new to share market, do you also want to earn money by investing in share market, today we will talk about top five mutual funds through which investing in stock market is a great option.

Mutual funds have been a favorite option for Indian investors as they provide higher returns and diversification. If you are looking for a top fund to invest in a mutual fund, then today in this blog we will discuss in detail about the top five mutual funds.

 1. Invesco India Large & Mid Cap Fund:

Features:

The fund invests in large and mid cap stocks in the share market, offering both stability and growth over time.

For 2024, this fund has returned around 61.08%, making it the top fund.

Portfolio:

The fund includes strong stocks from different sectors, such as finance, healthcare, and technology.

Why choose?

If you want a diversified portfolio for long-term gains, it is best to invest in this fund. It can bring more profit challenges by investing in new and growing companies.

2. Axis Small Cap Fund:

Features:

This fund mainly invests in small cap companies in the share market

Average return of 18-22% has been achieved by this fund in last 5 years.

This fund is best for more risk-averse investors, who are looking for long-term gains.

Portfolio:

The fund holds stocks of emerging industries and companies with vision, which are key to long-term growth.

 Why choose?

If you are willing to take risk in share market and can invest for long term then this fund can give you good returns then this fund is best for you.

3. ICICI Prudential Technology Fund:

Features:

This fund mainly invests in technology and IT companies. Whose growth is good

It has been giving an average return of 20-25% for 3 years.

Considering the digital revolution and the development of technology in today’s world, this fund is very popular.

 Portfolio:

Major companies in this fund include TCS, Infosys, and HCL Technologies.

Why choose?

If you want to invest in high-growth sectors, this fund is best. It is particularly attractive to investors in the digital and technology sectors. Which can give more returns in future

4. SBI Bluechip Fund:

Features:

The fund mainly invests in large cap stocks, which are stable and low risk.

12–15% returns on average for 5 years.

It is the best option for new investors, who want security and stability in the fund. Who do not want to take more risk in share market.

Portfolio:

The fund covers various banking, automobile and FMCG sectors.

Why choose?

If you want to reduce investment risk and want steady profits, this fund is best for you.

 5. HDFC Flexi Cap Fund:

Features:

The fund invests in the stock market in all three types of large, mid, and small cap stocks, depending on the different levels of the market.

This fund gave around 14–16% returns till 2024

Portfolio:

The fund holds stocks in various sectors, such as finance, agriculture, and infrastructure. Thus you can invest in different sectors through this fund.

 Why choose?

If your goal is long-term financial growth and you can bear the ups and downs in the market, then this fund is the best option for you.

Why Choose Mutual Fund?

Consider the following while choosing a mutual fund:

1. Determine your goals:

-Equity funds are best if you are looking for long-term investments, while for short-term investments, choose debt funds.

 2. Ability to take risks:

-You should understand your risk level and choose the fund based on that.

3. Check the past performance of the fund:

-5-10 years return and analysis of portfolio can select the best option. Which can give you proper information about your return.

4. Expense Ratio:

-While choosing any mutual fund, choose funds with low expense ratio, so that your profit does not decrease.

 5. Fund Management:

-Choose a fund with an experienced and successful fund manager. So that your money is invested in the right place.

conclusion:

Top mutual funds include Invesco India Large & Mid Cap Fund, Axis Small Cap Fund, ICICI Prudential Technology Fund, SBI Bluechip Fund, and HDFC Flexi Cap Fund. These funds are best for your financial needs and goals. By using these mutual funds we can start your investment journey.

Best wishes for your investment journey !

Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully before investing.