Well, most investors has no idea about mutual funds when they are trying to invest in that. In that case, mutual funds are known as the short-term funds where investors from the various platforms will invest their money in bonds, stocks, or some other avenues for getting good money in return. So, you can invest your savings money in good companies which have a better record and also, you should very careful about choosing the mutual fund while investing in it. Below are the best mutual funds to invest in India.
Axis Bluechip Fund
This company emerged in the market as the top-performing large cup funds in the previous year. Since its out-performance in the last year, the company is able to manage its returns impressively and gained massively which can benefit the customers. Also, its performance also holds good for a longer time period. So, the company is providing a solid foundation for a powerful 2020 mutual funds.
Kotak Standard Multicap Fund
This is the flagship scheme of Kotak AMC where the scheme brought fame to the AMC category. So, it has managed to return at good interest rates at 13.23% over the last 5 years and above the 8.74% returns which have set its benchmark. Also, it has got another 21% of its assets in mid-caps and 1% in small caps that can open the growth opportunities in the mid-cap space.
HDFC Small Cap Fund
The HDFC Small Cap Fund has performed very well and managed to contain losses at around 18% which is compared to a 26% loss on its benchmark in the last year. Despite the loss, the fund has abled to managed to provide a 5-year CAGR at 12.36% where it outperformed its benchmark. So, HDFC Small Cap Fund is considered as the best mutual funds to invest in India and invested its 62% of its assets in the small-cap companies. Also, the company does not have any significant cash component which shows its optimism about the growth in mid and small-cap space.
The above-mentioned companies are the ideal ones to choose for investing your money in the mutual funds for future sake. Hope that I have covered all the topics in my article about the best mutual funds to invest in India. Thanks for reading!