List of Top 10 Mutual Funds in India You Might Want to Know About

October 24, 2019October 24, 2019 Swarnima Rawat Top 10 Mutual Funds in India

Top 10 Mutual Funds in India:

Money is the single thing that actually makes the world go round!! Some have more, some have less and for some it is just to make the ends meet. But how to multiply this money wisely and to your benefit is actually a million dollar question in itself. There are many ways in which you can make some profit on your money. Mutual Funds are by far the most popular mode to earn a profit. As defined, “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.” These mutual funds are fully operated with aim to make capital gains or earn a profit for its investor. The mutual funds are operated by money managers who structure, maintain and match the objectives of the investment.

Here is a list of top 10 mutual funds in India:

Fund Name	Fund Type	1 Year Returns	5 Year Returns	Risk Grade	Return Grade	Tenure
Mirae Asset Emerging Blue Chip Fund	Equity: Large & Mid Cap	12.12%	16.70%	Moderately High	High	Long Term
SBI Small Cap Fund	Equity: Small Cap	5.75%	17.82%	Average	High	Long Term
Kotak Standard Multicap Fund	Equity: Multi cap	9.98%	12.96%	Below Average	High	Long Term
Axis Long Term Equity Fund	ELSS (Tax Saving)	16.50%	13.46%	Below Average	High	Long Term
Mirae Asset Tax Saver Fund	ELSS (Tax Saving)	10.49%	–	Low	High	Long Term
L&T Midcap Value Fund	Equity: Mid Cap	-1.04%	12.14%	Below Average	High	Long Term
Nippon India Gilt Securities Fund	Debt: Gilt	18.13%	11.96%	Average	High	Medium-Long Term
Franklin India Ultra-Short Bond Fund – Super Institutional Plan	Debt: Ultra Short Term	10.15%	9.28%	Below Average	High	Ultra Short Term
Aditya Birla SL Short Term Opportunities Fund	Debt: Short Term	10.65%	9.09%	Above Average	Above Average	Short Term
Axis Liquid Fund	Debt: Liquid	7.26%	7.59%	Low	Average	Very Short Term