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

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.

Top 10 Mutual Funds in India
Top 10 Mutual Funds in India

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

The top 10 mutual fund ranking has been formulated by CRISIL on the basis of equity, debt, hybrid and the money market.

Also Read: List of Top 10 Government Banks in India

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