Which type of mutual fund is best for high returns? (2024)

Which type of mutual fund is best for high returns?

Index funds offer market returns at lower costs, while active mutual funds aim for higher returns through skilled management that often comes at a higher price. Investors should consider costs, time horizons, and risk appetite when deciding between index or managed mutual fund investing.

Which mutual fund has the highest return?

Best-performing U.S. equity mutual funds
TickerName5-year return (%)
STSEXBlackRock Exchange BlackRock16.47%
USBOXPear Tree Quality Ordinary16.38%
PBFDXPayson Total Return16.30%
SSAQXState Street US Core Equity Fund16.20%
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Jan 31, 2024

Which category of mutual fund gives highest return?

The mutual fund category most often providing the highest return is small-cap funds. Read on to know the current risks associated. A small-cap mutual fund is by default, most often, the category with the highest returns, especially this year with a massive 51.8 per cent return.

Which type of mutual fund has a better potential for high returns?

Stock mutual funds

From here they may be further divided into funds focused on growth stocks, value stocks or some combination of the two. Stock mutual funds own stocks exclusively, giving them the potential for greater volatility – both higher overall returns and lower overall returns than other types of mutual funds.

What is the best mutual fund to buy right now?

9 Best Mutual Funds to Buy Now
Mutual FundAssetsFees
Vanguard 500 Index Fund Admiral Shares (VFIAX)$457 billion0.04%
American Funds Growth Fund of America (AGTHX)$252 billion0.63%
Fidelity Select Technology Portfolio (FSPTX)$13 billion0.70%
JPMorgan Equity Premium Income Fund (JEPAX)$6 billion0.85%
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Feb 14, 2024

What is the 10-year return on mutual funds?

For the top 20 funds, the average 10-year annualized return was 20.83%. For comparison, the S&P 500's annualized return for the same decade was about 12.39% . For the full list of the top 20 mutual funds of 2013 to 2023, scroll through the cardshow below. (All data is from Morningstar Direct, and is current as of Oct.

What are the top ranked mutual funds in 2023?

These include JM Value Fund, Nippon India Value Fund and Aditya Birla Sun Life Pure Value Fund and Axis Value Fund. Some multi cap mutual funds gave returns as high as 38-40 percent which include HDFC Multi Cap Fund, Kotak Multicap Fund, ITI Multi Cap Fund and Nippon India Multi Cap Fund.

Which mutual fund is best for next 5 years?

Here's the list of top 10 best mutual funds to invest in 2024:
  • HDFC Mid-Cap Opportunities Fund.
  • Parag Parikh Flexi Cap Fund.
  • ICICI Pru Bluechip Fund.
  • HDFC Flexi Cap Fund.
  • Nippon India Small Cap Fund.
  • HDFC Balanced Advantage Fund.
  • ICICI Prudential Equity & Debt Fund.
  • ICICI Prudential Corporate Bond Fund.
Feb 5, 2024

Which type of mutual fund is profitable?

Index funds offer market returns at lower costs, while active mutual funds aim for higher returns through skilled management that often comes at a higher price. Investors should consider costs, time horizons, and risk appetite when deciding between index or managed mutual fund investing.

Which mutual fund gives highest return per month?

Equity Hybrid Debt Solution Oriented Others Filter
Scheme NamePlanMTD
Sponsored AdvInvest Now UTI Large Cap Fund - GrowthRegular1.80%
Kotak Bluechip Fund - Direct Plan - GrowthDirect Plan2.91%
Mahindra Manulife Large Cap Fund - Direct Plan - GrowthDirect Plan2.81%
HDFC Top 100 Fund - Direct Plan - GrowthDirect Plan2.37%
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How do you maximize mutual fund returns?

Here are ten tips for maximizing returns with SIP mutual funds
  1. Start Early: Starting your SIP (Systematic Investment Plan) early is crucial to harness the power of compounding. ...
  2. Invest Regularly: Discipline is a key factor in achieving your financial goals through SIP.
Nov 10, 2023

What is the safest investment with the highest return?

Here are the nine best safe investments with high returns:
  • High-yield savings accounts.
  • Certificates of deposit.
  • Money market accounts.
  • Treasury bonds.
  • Treasury Inflation-Protected Securities.
  • Municipal bonds.
  • Corporate bonds.
  • S&P 500 index fund/ETF.
Jan 15, 2024

What are the cons of mutual funds?

Disadvantages include high fees, tax inefficiency, poor trade execution, and the potential for management abuses.

What is the safest mutual fund?

BlackRock Exchange Portfolio (STSEX)

Easily one of the top-rated examples of the safest mutual funds, the BlackRock Exchange Portfolio (MUTF:STSEX) seeks long-term growth of capital and consequent long-term growth of income, per its prospectus.

What are the top 5 performing mutual funds?

Top Mutual Funds
SymbolName50 Day Average
FCPGXFidelity Small Cap Growth28.40
FCTGXFidelity Advisor Small Cap Growth M24.80
WAMCXWasatch Ultra Growth31.43
KMKNXKinetics Market Opportunities No Load42.15
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What if I invest $1,000 in mutual funds for 10 years?

(You must convert the rate of return to the monthly figure through dividing by 12). You also have n = 10 years or 120 months. FV = Rs 1,84,170. So, the future value of a SIP investment of Rs 1,000 per month for 10 years at an estimated rate of return of 8% is Rs 1,84,170.

What if I invest $10,000 every month in mutual funds?

So, assuming an investor invests ₹10,000 per month for 15 years, maintaining 10 per cent annual step up, mutual funds SIP calculator suggests that one's SIP of ₹10,000 would yield ₹1,03,11,841 or ₹1.03 crore.

How many years should I invest in mutual funds?

Long term investments are usually for a period of more than three years. The top choices for long term investments are equity mutual funds and hybrid funds. These long term funds offer higher growth when compared to debt mutual funds and traditional investments.

Which mutual fund is best in USA?

Top 25 Mutual Funds
RankSymbolFund Name
1VSMPXVanguard Total Stock Market Index Fund;Institutional Plus
2FXAIXFidelity 500 Index Fund
3VFIAXVanguard 500 Index Fund;Admiral
4VTSAXVanguard Total Stock Market Index Fund;Admiral
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What mutual funds does Dave Ramsey recommend?

I put my personal 401(k) and a lot of my mutual fund investing in four types of mutual funds: growth, growth and income, aggressive growth, and international. I personally spread mine in 25% of those four.

What is the most popular mutual fund?

Most Popular
  • #1. BNY Mellon Corporate Bond Fund BYMMX.
  • #2. Miller Intermediate Bond Fund MIFIX.
  • #3. Calvert Income Fund CFICX.

How many mutual funds should I invest in?

While there is no precise answer for the number of funds one should hold in a portfolio, 8 funds (+/-2) across asset classes may be considered optimal depending on the financial objectives and goals of the investor. Further, higher allocation of portfolio to the right fund is of crucial importance.

Which funds to invest in 2024?

Top 10 most-popular investment funds in January 2024
RankFund3-year return to 1 Feb (%)
2Vanguard LifeStrategy 80% Equity16.05%
3Fundsmith Equity24.6%
4Jupiter India I Acc108%
5Royal London Short Term Money Mkt6.73
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Feb 1, 2024

Which type of mutual fund is best for short term?

List of Ultra Short Mutual Funds in India
Fund NameCategoryRisk
HDFC Ultra Short Term FundDebtModerate
DSP Ultra Short FundDebtModerate
Mahindra Manulife Ultra Short Duration FundDebtModerately Low
Kotak Savings FundDebtLow to Moderate
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What is a better investment than mutual funds?

Of course, you might also consider ETFs vs. mutual funds. Both are investment funds offering built-in diversification. However, unlike mutual funds, ETFs trade like stocks during regular market hours and may subject you to fewer taxes.

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