Which are the best mutual funds to invest in India?

There are various types of mutual funds, such as equity mutual funds, debt mutual funds, and hybrid funds. The best mutual fund for you will be the mutual fund suitable for your investment objectives, risk tolerance, and investment horizon.

Here are Top performing Mutual Funds:

Equity Mutual Funds:

  • Tata Digital India Fund Direct-Growth
  • ICICI Prudential Technology Direct Plan-Growth
  • Aditya Birla Sun Life Digital India Fund Direct-Growth
  • SBI Technology Opportunities Fund Direct-Growth
  • Quant Tax Plan Direct-Growth

Debt Mutual Funds:

  • IDFC Government Securities Fund Constant Maturity Direct-Growth
  • ICICI Prudential Credit Risk Fund Direct Plan-Growth
  • SBI Magnum Medium Duration Fund Direct-Growth
  • Kotak Dynamic Bond Fund Direct-Growth
  • Edelweiss Banking and PSU Debt Fund Direct-Growth

Hybrid Mutual Funds:

  • Quant Absolute Fund Direct-Growth
  • Quant Multi-Asset Fund Direct-Growth
  • ICICI Prudential Equity & Debt Fund Direct-Growth
  • ICICI Prudential Thematic Advantage Fund (FOF)Direct-Growth
  • ICICI Prudential Multi-Asset Fund Direct-Growth

Which are the best mutual funds on SIP?

A SIP (Systematic Investment Plan) is a smart, hassle-free method of investing a fixed sum in a mutual fund scheme. This plan has the advantage of engendering the habit of saving in the user so that he or she can start building a respectable fund for the future.

With a SIP, the best-performing mutual funds can be invested across categories of large-cap, small-cap, multi-cap, and equity-linked saving schemes.

Large-Cap Schemes:

  • Aditya Birla SL India GenNext Fund (G)
  • Aditya Birla SL Top 100 Fund (G)
  • ICICI Pru Dynamic Plan (G)

Mid-Cap Schemes:

  • Aditya Birla SL Small & Midcap Fund (G)
  • Canara Rob Emerg Equities Fund – Reg (G)
  • Edelweiss Mid and Small Cap Fund – Reg (G)

Multi-Cap Schemes:

  • Aditya Birla SL Advantage Fund (D)
  • Aditya Birla SL Equities Fund (G)
  • DSPBR Opportunities Fund – Reg (G)