Question: What is a good mutual fund to invest in?

Which type of mutual fund is best for beginners?

Best Mutual Funds for Beginners

Fund Name Fund Category 3Y Return (in %)
Axis Long Term Equity Fund ELSS 4.42
Mirae Asset Large Cap Fund Equity, Large-Cap 0.72
SBI Bluechip Fund Equity, Large-Cap -1.91
Axis Focused 25 Fund Equity, Multi-Cap 3.51

What are the top 5 mutual funds?

Top 5 Biggest Mutual Funds

  • Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX)
  • Fidelity 500 Index Fund (FXAIX)
  • Vanguard Institutional Index Mutual Fund (VINIX)
  • Fidelity Government Cash Reserves (FDRXX)
  • Vanguard Federal Money Market Fund (VMFXX)

What is the best investment in mutual funds?

Top Performing Mutual Funds of 2021

Scheme Name Expense Ratio
Parag Parikh Flexi Cap Fund 0.85% Invest
Axis Midcap Fund 0.48% Invest
PGIM India Midcap Opportunities Fund 0.32% Invest
Mirae Asset Tax Saver Fund 0.44% Invest

Can I lose all my money in 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.

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Can you get rich with mutual funds?

It’s definitely possible to become rich by investing in mutual funds. Because of compound interest, your investment will likely grow in value over time. Use our investment calculator to see how much your investment could be worth as time goes on.

What mutual fund has the highest return?

Best-performing U.S. equity mutual funds

Fund Symbol 3-year return
Fidelity Series Growth Company FCGSX 31.19%
Fidelity Series Blue Chip Growth FSBDX 30.45%
American Century Focused Dynamic Gr Inv ACFOX 30.08%
Fidelity Growth Company K FGCKX 29.95%

Which is the best mutual fund for high return?

Top 10 Equity Mutual Funds

Fund Name Category 1Y Returns
Axis Midcap Fund Equity 65.5%
Mirae Asset Emerging Bluechip Fund Equity 67.3%
BNP Paribas India Consumption Fund Equity 55.7%
Canara Robeco Equity Tax Saver Equity 61.0%

What is the fastest growing mutual fund?

PPFAS MF is the fastest growing major mutual fund house in India. Among the top 30 AMCs, PPFAS registered the highest AUM growth at 178% in FY 2021. Its AUM went up from Rs 3,138 crore to Rs 8,720 crore during the financial year. … Its AUM went up from Rs 43,200 crore to Rs 69,598 crore.

What mutual fund has the highest 10 year return?

The Top 10 Mutual Funds by 10 Year Performance

  • Fidelity OTC (FOCPX) – 18.86%
  • Virtus KAR (PSXGX) – 18.75. …
  • Morgan Stanley Insight Fund B (CPOBX) – 18.74% …
  • T. …
  • T. …
  • Fidelity Select Biotechnology (FBIOX) – 15.09% …
  • VALIC Company I Health Sciences (VCHSX) – 14.83% …
  • Fidelity Select Retailing (FSRPX) – 14.40% …
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