Top 10 Mutual Funds : Can Make You Rich

Top 10 Mutual Funds in India 2020 

What Is a Mutual Fund?

A Mutual Fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. Mutual funds are operated by professional money managers, who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.

Mutual funds give small or individual investors access to professionally managed portfolios of equities, bonds, and other securities. Each shareholder, therefore, participates proportionally in the gains or losses of the fund. Mutual funds invest in a vast number of securities, and performance is usually tracked as the change in the total market cap of the fund—derived by the aggregating performance of the underlying investments.

How to Invest in Mutual Funds?

5 Simple Steps to Invest in Mutual Funds Online

• Understand your risk capacity and risk tolerance. This process of identifying the amount of risk you are capable of taking is referred to as risk profiling.
• The next step is asset allocation. Once you identify your risk profile, you should look to divide your money between various asset classes. Ideally your asset allocation should have a mix of both equity and debt instruments so as to balance out the risks.
• Then you should identify the funds that invest in each asset class. You can compare mutual funds based on investment objective and past performance.
• Decide on the mutual fund schemes you will be investing in and make the application online or offline.
• Diversification of your investments and follow-ups are important to ensure that you get the best out of your investment.

* Lot of Professional sites are available for investment but we are referring  2 Business App, Which are free and providing the Paperless process for customer convenience. Apps Below :

      

How much money should I invest in mutual funds?

You can start investing in mutual funds on monthly basis through SIP with a minimum Amount of Rs 100. Yes, your read it right. Minimum amount for Monthly investments is as low as Rs 100 in top notch mutual funds. One of Upwardly's top rated Mutual Fund offers this minimum monthly investment.

Top 10 Mutual Fund Category Wise

SNAPSHOT: In this article, we have summarized the top mutual funds by picking one from each of the categories, so as to suit the risk appetite and investment goals of most of the investors.

1. ICICI Prudential Focused Bluechip Equity Fund
2. Aditya Birla Sun Life Small & Midcap Fund
3. Tata Equity PE Fund
4. HDFC Monthly Income Plan – MTP
5. L&T Tax Advantage Fund
6. SBI Nifty Index Fund
7. Kotak Corporate Bond Fund
8. Canara Robeco Gilt PGS
9. DSP BlackRock Balanced Fund
10. Axis Liquid Fund

                

RBI announces special liquidity facility of Rs.50,000 crore for mutual funds

Top 10 Large Cap Equity Funds
Best large-cap funds are those that invest in equity shares of companies classified under large market capitalisation. Large-cap companies are well-established players and have an excellent track record.
Fund Name	1-Year Returns	3-Year Returns
Axis Bluechip Dir	25.54	20.47
Sundaram Select Focus Dir	20.28	15.65
Canara Robeco Bluechip Eqt Dir	24.08	15.45
HDFC Index Sensex Dir	15.94	14.49
Tata Index Sensex Dir	15.84	14.45
Nippon India Index Sensex Dir	15.76	14.38
BNP Paribas Large Cap Dir	23.86	14.17
Edelweiss Large Cap Dir	17.85	13.96
LIC MF Index Sensex Dir	15.54	13.85
Mirae Asset Large Cap Dir	16.16	13.6

Top 10 Large and Mid Cap Equity Funds
Mutual funds which diversify investments in between large and mid capitalization companies are classified as large and midcap funds. ... Funds which invest a larger proportion of their corpus in companies with large market capitalization are called large cap funds.
Fund Name	1-Year Returns	3-Year Returns
Mirae Asset Emerging Bluechip Dir	20.74	16.01
Invesco India Growth Opp Dir	17.79	15.71
Sundaram Large & Midcap Dir	17.63	14.7
Canara Robeco Emerging Equities Dir	17.98	14.29
LIC MF Large & Midcap Dir	20.66	13.87
Edelweiss Large & Midcap Dir	17.58	13.84
Kotak Equity Opportunities Dir	22.43	13.44
SBI Large & Midcap Dir	15.12	12.38
Principal Emerging Bluechip Dir	18.1	12.14
Tata Large & Midcap Dir	20.84	11.91

Top 10 Multi Cap Equity Funds
In other words, multi-cap funds are diversified equity funds that invest in stocks of companies with different market capitalizations. The investments are done in varying proportions to meet the investment objective of the fund.
Fund Name	1-Year Returns	3-Year Returns
Axis Focused 25 Dir	26.73	18.68
SBI Focused Equity Dir	25.85	17.71
Tata Retirement Savings Progressive Dir	20.6	15.34
IIFL Focused Equity Dir	34.32	15.31
Canara Robeco Equity Diversified Dir	17.88	15.17
UTI Equity Dir	18.95	14.48
Parag Parikh Long Term Equity Dir	17.77	14.14
IDFC Focused Equity Dir	16.06	14.02
Edelweiss Multi Cap Dir	14.21	14.01
DSP Equity Dir	26.19	13.69
Top 10 Mid Cap Equity Funds
A mid-cap fund is a pooled investment, such as a mutual fund, that focuses on companies with a market capitalization in the middle range of listed stocks. Mid-cap stocks tend to offer investors greater growth potential than large cap stocks, but with less volatility and risk than small cap stocks.
Fund Name	1-Year Returns	3-Year Returns
Axis Midcap Dir	23.41	19.02
Invesco India Midcap Dir	17.4	13.72
Kotak Emerging Equity Dir	23.13	12.35
Tata Midcap Growth Dir	21.9	12.2
Edelweiss Midcap Dir	18.78	11.66
DSP Midcap Dir	22.53	11.49
Nippon India Growth Dir	17.65	11.27
Taurus Discovery (Midcap) Dir	13.78	10.7
L&T Midcap Dir	11.85	10.51
BNP Paribas Midcap Dir	19.93	10.06
Top 10 Small Cap Equity Funds
Small-cap Equity Funds are those which invest in equity shares of companies which have smaller capitalization and listed under the 250th rank of the underlying benchmark.
Fund Name	1-Year Returns	3-Year Returns
Axis Small Cap Dir	34.83	17.1
SBI Small Cap Dir	21.19	16.28
HDFC Small Cap Dir	-1.19	11.09
Nippon India Small Cap Dir	11.25	10.52
Kotak Small Cap Dir	21.56	9.71
L&T Emerging Businesses Dir	2.03	9
ICICI Pru Small Cap Dir	25.47	8
Union Small Cap Dir	19.43	7.15
Franklin Smaller Companies Dir	3.19	4.24
DSP Small Cap Dir	13.84	3.56

Arbitrage funds are hybrid mutual funds that generate returns by using the strategy of simultaneously buying and selling of securities in different markets to take advantage of different prices. No stock market risk as the buying and selling price of a stock is known to fund manager.

Top 10 ELSS Equity Funds
ELSS or Equity Linked Savings Schemes are Mutual fund investment schemes that help you save income tax. That's why they are also known as tax-saving funds. The Income Tax Act, under section 80c, allows taxpayers to invest up to INR 1.5 lakh in specific securities and claim it as a deduction from their taxable income.
Fund Name	1-Year Returns	3-Year Returns
Mirae Asset Tax Saver Dir	19.53	17.37
Axis Long Term Equity Dir	25.53	17.2
BOI AXA Tax Advantage Dir	26.04	14.65
JM Tax Gain Dir	21.82	14.59
LIC MF Tax Dir	20.19	14.31
Canara Robeco Equity Tax Saver Dir	15.93	14.09
Invesco India Tax Dir	16.53	13.99
Tata India Tax Savings Dir	18.48	13.62
Motilal Oswal Long Term Equity Dir	23.5	13.57
BNP Paribas Long Term Equity Dir	21.59	13.31
Top 10 Debt - Liquid Funds
Liquid funds are a type of debt funds that invest in financial instruments such as bank fixed deposits, treasury bills, commercial papers, and other debt securities with maturities up to 90 days. ... This is because they primarily invest in fixed income securities with a short maturity.
Fund Name	1-Year Returns	3-Year Returns
Quant Liquid Dir	7.23	7.14
Franklin Liquid Dir	6.71	7.04
Mahindra Liquid Dir	6.6	7.01
BNP Paribas Liquid Dir	6.57	6.97
Baroda Liquid Dir	6.47	6.97
Nippon India Liquid Dir	6.54	6.97
Edelweiss Liquid Dir	6.56	6.97
PGIM India Insta Cash Dir	6.55	6.96
IDBI Liquid Dir	6.5	6.96
ABSL Liquid Dir	6.54	6.96
Top 10 Debt - Short Duration Funds
A short-term debt fund refers to a mutual fund scheme for investments spanning about one to three years, though it may extend to four years as well. ... Short-term funds do not attract penalty on their redemption before the maturity date, unless they are redeemed before the pre-determined period.
Fund Name	1-Year Returns	3-Year Returns
Baroda Short Term Bond Dir	10.38	8.76
ICICI Pru Short Term Dir	11.29	8.41
Axis Short Term Dir	11.11	8.34
Kotak Bond Short-term Dir	11.14	8.31
IDFC All Seasons Bond Dir	11.69	8.28
HDFC Short Term Debt Dir	10.81	8.23
IDFC Bond Short Term Dir	10.94	8.22
DSP Short-term Dir	10.99	8.13
ABSL Short Term Dir	9.89	8.06
SBI Short Term Debt Dir	10.86	8.04
Top 10 Debt – Ultra Short Duration Funds
Ultra Short Duration Funds are debt funds that lend to companies for a period of 3 to 6 months. Although these are low-risk funds owing to their low lending duration, they are slightly above liquid funds in the risk spectrum but still one of the lowest risk categories of Schemes to invest in.
Fund Name	1-Year Returns	3-Year Returns
PGIM India Ultra ST Dir	13.7	9.61
ABSL Savings Dir	8.46	7.92
BOI AXA Ultra Short Duration Dir	7.67	7.77
Kotak Savings Dir	8.04	7.7
SBI Magnum Ultra Short Duration Dir	7.91	7.64
Indiabulls Ultra Short Term Dir	7.7	7.58
L&T Ultra Short Term Dir	7.66	7.57
Franklin Ultra Short Bond Dir	4.87	7.37
IDBI Ultra Short Term Dir	7.41	7.32
Essel Ultra Short Term Dir	6.93	7.08
Top 10 Debt Dynamic Bonds The dynamic bond schemes are open-ended debt schemes which follow a dynamic approach in terms of the maturity of securities in its portfolio. According to Sebi definition, dynamic bond funds are open-ended debt schemes investing across duration. ... Bond funds are impacted by interest rates in the market.
Fund Name	1-Year Returns	3-Year Returns
Kotak Dynamic Bond Dir	13.08	9.44
PGIM India Dynamic Bond Dir	13.36	9.39
ICICI Pru All Seasons Bond Dir	12.65	8.87
SBI Dynamic Bond Dir	15.39	8.78
Axis Dynamic Bond Dir	14.1	8.74
IDFC Dynamic Bond Dir	14.65	8.66
Quantum Dynamic Bond Dir	12.93	8.04
L&T Flexi Bond Dir	12.12	8.02
DSP Strategic Bond Dir	13.13	7.78
IIFL Dynamic Bond Dir	8.88	7.63
Top 10 Debt - Gilt Funds
Gilt funds are debt funds that invest primarily in government securities. These funds have no risk of non-payment of interest or principal amount but get affected by interest rate movements as the Government borrowing typically happens to be for a longer duration.
Fund Name	1-Year Returns	3-Year Returns
Nippon India Gilt Securities Inst Dir	15.58	10.18
IDFC GSF Investment Dir	16.7	9.61
ABSL Govt Securities Dir	13.56	9.44
DSP Govt Securities Dir	15.28	9.05
SBI Magnum Gilt Dir	16.11	9.03
ICICI Pru Gilt Dir	13.64	8.79
Kotak Gilt Inv PF & Trust Direct	13.44	8.65
Kotak Gilt Investment Dir	13.44	8.64
LIC MF GSF Dir	12.96	8.52
UTI Gilt Dir	14.33	8.41
Top 10 Debt Medium Duration Funds
Medium duration funds are debt funds that lend to quality companies for 3 or more years. The longer tenure of loan means these funds returns are subject to the interest rate changes that borrowing companies undergo due to positive or negative economic cycles over time.
Fund Name	1-Year Returns	3-Year Returns
SBI Magnum Medium Duration Dir	12.86	9.45
Indiabulls Income Dir	8.75	8.35
Axis Strategic Bond Dir	9.02	8.29
HDFC Medium Term Debt Dir	11.34	8.26
ICICI Pru Medium Term Bond Dir	11.55	8.24
IDFC Bond Medium Term Dir	11.46	8.12
Sundaram Medium Term Bond Dir	10.2	7.85
Kotak Medium Term Dir	9.36	7.74
L&T Resurgent India Bond Dir	10.54	7.6
UTI Medium Term Dir	6.71	6.85
Top 10 Hybrid Aggressive Funds
Aggressive Hybrid Funds are balanced funds invest primarily in stocks with some allocation to FD-like instruments. Spreading out of investments means these funds are less risky than pure equity funds with almost similar returns in the long run.
Fund Name	1-Year Returns	3-Year Returns
SBI Equity Hybrid Dir	20.72	13.41
Canara Robeco Eqt Hybrid Dir	18.05	12.98
Mirae Asset Hybrid Equity Dir	15.47	12.69
Sundaram Equity Hybrid Dir	17.81	12.46
LIC MF ULIS Dir	19.82	12.31
Tata Retirement Savings Moderate Dir	16.88	11.84
DSP Equity & Bond Dir	24.98	11.57
HDFC Retirement Savings Hybrid Eqt Dir	12.88	11.11
HDFC Children's Gift Dir	12.17	11.02
Principal Hybrid Equity Dir	7.87	10.92
Top 10 Hybrid Balanced Funds
Hybrid Funds are a type of Mutual Funds that act as a combination of equity and Debt fund. ... However, the risk factor is much higher in a balanced fund (a type of hybrid funds) than Monthly Income Plan (another type of hybrid funds).
Fund Name	1-Year Returns	3-Year Returns
Axis Children's Gift Dir	21.02	12.96
ICICI Pru Asset Allocator (FOF) Dir	12.77	10.85
ICICI Pru Passive Strategy (FOF) Dir	10.55	8.62
Franklin Pension Dir	12.18	8.15
Franklin Life Stage FoF 30s Dir	8	6.69
Tata Young Citizens Dir	11.93	6.04
Principal Retirement Savings Moderate Dir	6.86	5.99
UTI Children's Career Savings Dir	7.16	5.4
LIC MF Children's Gift Dir	16.62	5.11
UTI Retirement Benefit Pension Dir	3.06	4.38
Top 10 Hybrid - Arbitrage Funds
Fund Name	1-Year Returns	3-Year Returns
Nippon India Arbitrage Dir	6.91	6.94
Edelweiss Arbitrage Dir	6.99	6.84
IDFC Arbitrage Dir	6.92	6.79
BNP Paribas Arbitrage Dir	6.85	6.79
Axis Arbitrage Dir	6.88	6.7
L&T Arbitrage Opportunities Dir	6.73	6.69
Kotak Equity Arbitrage Dir	6.75	6.69
ABSL Arbitrage Dir	6.94	6.68
UTI Arbitrage Dir	6.76	6.66
ICICI Pru Equity Arbitrage Dir	6.71	6.64
Top 10 Hybrid Conservative Funds
Conservative Hybrid. results. Conservative Hybrid funds invest primarily in FD-like instruments with some allocation to stocks. These funds look to provide more returns than bank fixed deposits without taking too much risk.
Fund Name	1-Year Returns	3-Year Returns
Indiabulls Savings Income Dir	8.91	10.61
ICICI Pru Regular Savings Dir	11.99	9.62
Kotak Asset Allocator Dir	13.86	9.39
BNP Paribas Cons Hybrid Dir	12.05	9.26
Canara Robeco Cons Hybrid Dir	14.27	8.98
SBI Magnum Children's Benefit Dir	6.45	8.94
Baroda Conservative Hybrid Dir	14	8.75
Tata Retirement Savings Cons Dir	12.34	8.74
Kotak Debt Hybrid Dir	15.04	8.38
HDFC Retirement Savings Hybrid Debt Dir	11.48	8.19
Top 10 Hybrid Equity Savings Funds
Equity Savings. results. Equity Saving Funds are hybrid mutual funds which invest almost an equal amount in stocks, FD-like instruments and risk-free hedging instruments. These funds tend to provide better returns than bank Fixed Deposits of similar duration.
Fund Name	1-Year Returns	3-Year Returns
Axis Equity Saver Dir	12.3	10.21
Edelweiss Equity Savings Dir	10.2	9.23
Kotak Equity Savings Dir	10.28	8.81
ICICI Pru Equity Savings Dir	12.96	8.52
SBI Equity Savings Dir	12.06	8.39
PGIM India Equity Savings Dir	10.91	8.17
Mahindra Dhan Sanchay Eqt Savings Yjn Dir	12.84	8.08
ABSL Equity Savings Dir	14.41	7.82
DSP Equity Savings Dir	13.16	7.76
HDFC Equity Savings Dir	8.15	7.46

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