What Are The Top 5 Mutual Funds?

Which mutual fund gives highest return?

Here’s a look at five such schemes:Axis Bluechip Fund.

5-year SIP returns: 15.57% …

AXIS Focused 25 Fund.

5-year SIP returns: 15.25% …

IIFL Focused Equity Fund.

5-year SIP returns: 14.71% …

SBI Focused Equity Fund.

5-year SIP returns: 13.69% …

Mirae Asset Emerging Bluechip Fund.

5-year SIP returns: 15.40%.

What are the top 10 mutual funds?

Here is the list of top 10 schemes:Axis Bluechip Fund.ICICI Prudential Bluechip Fund.L&T Midcap Fund.DSP Midcap Fund.L&T Emerging Businesses Fund.HDFC Small Cap Fund.Motilal Oswal Multicap 35 Fund.Kotak Standard Multicap Fund.More items…•

Which SIP should I invest in 2020?

Best SIP Plans for the Year 2020Fund NameMonthly Investment5 years ReturnICICI Prudential Bluechip Fund500010.81%Kotak Standard Multicap Fund500013.24%Motilal Oswal Focused 25 Fund500012.82%Nippon India large Cap Fund500010.9%6 more rows•Aug 24, 2020

Does money double every 7 years?

If you want to double your money, the rule of 72 shows you how to do so in about seven years without taking on too much risk. … If you invest money at a 10% return, you will double your money every 7.2 years. (72/10 = 7.2) If you invest at a 9% return, you will double your money every 8 years.

Can you lose all your money in a mutual fund?

With mutual funds, you may lose some or all of the money you invest because the securities held by a fund can go down in value. Dividends or interest payments may also change as market conditions change.

Can I lose money in SIP?

Systematic investment plans are the best way to invest in equity funds because they reduce the risk and average out the investment costs. But this does not mean that SIP investors cannot lose money.

What are the best mutual funds to invest in 2020?

Best-performing U.S. equity mutual funds as of November 2020SymbolFundFund performance (5-year return)DFDIXDelaware Smid Cap Growth Institutional25.43%LGLFXLord Abbett Growth Leaders F24.61%ACFOXAmerican Century Focused Dynamic Growth Investor Class26.21%AAGOXAlger Large Cap Growth I-220.73%6 more rows

Which is the best mutual fund to invest for 5 years?

Other Mutual Funds for 2020Fund NameCategory5 YearAxis Long Term Equity FundELSS (Tax Saver)7.11%ICICI Prudential Bluechip Fund-GrowthLarge Cap3.97%SBI Magnum MultiCap Fund-GrowthMulticap5.63%ICICI Prudential Equity & Debt Fund -GrowthAggressive Hybrid4 more rows•Oct 28, 2020

What is the most aggressive mutual fund?

Top 10 Aggressive Mutual FundsFund NameCategory1Y ReturnsShriram Hybrid Equity FundHybrid8.3%Franklin India Equity Hybrid FundHybrid10.9%LIC MF Equity Hybrid FundHybrid6.5%HDFC Hybrid Equity FundHybrid9.2%12 more rows

Is now a good time to buy mutual funds?

But if you’re a long-term investor, now might actually be an ideal time to invest. … If you’ve consistently contributed to your retirement and investment accounts over the last 10 years, you’ve been buying in at higher and higher prices.

Which SIP is best for 5 years?

Best SIP plans for 5 year investmentFund Name3-Year SIP Returns (%)5-Year SIP Returns (%)Kotak Emerging Equities Fund (Regular)6.54%9.73%INVESCO India Financial Services Fund (Regular)14.61%16.03%SBI Focused Equity Fund (Regular)12.40%12.94%Franklin Build India Fund (Regular)4.66%8.07%8 more rows•Jan 23, 2020

The 25 Largest Mutual FundsRankSymbolFund Name1VFIAXVanguard 500 Idx;Adm2SPYSPDR S&P 500 ETF3FXAIXFidelity 500 Index Fund4VTSAXVanguard TSM Idx;Adm21 more rows

How can I double my money in 5 years?

To get your money doubled in five years, the CAGR needed will be nearly 15 per cent (more preciously 14.87 per cent). However, there is no guaranteed-return product that offers such a high rate of return and the only possible way to achieve this is by taking risk.

Which bank is best for SIP?

Best SIP Investment Plans in IndiaSIP PlansType3 YearICICI Prudential Equity & Debt FundEquity Fund11.11%ICICI Prudential Value DiscoveryEquity Fund7.34%Kotak Standard Multicap FundEquity Fund-1.28%L&T India Prudence FundBalanced Fund10.03%27 more rows•Jul 12, 2020