Top 10 Mutual Funds – Aggressive Race Of Mutual Funds
Mutual funds are a popular investment avenue known for their diversification, professional management, and accessibility to various asset classes. They cater to investors with different risk profiles and investment goals, offering options like equity funds, debt funds, hybrid funds, and sectoral/thematic funds. Let’s delve into the top 10 mutual funds based on their performance over the past year, providing insights into their categories, assets under management (AuM), returns, and rankings.
Table of Contents
Understanding Mutual Funds
- Equity Funds: These funds primarily invest in stocks, offering potential for capital appreciation but also carrying higher risk.
- Debt Funds: Debt funds invest in fixed-income securities, providing stability and regular income with lower risk.
- Hybrid Funds: These funds combine stocks and bonds to balance risk and return, suitable for investors seeking a mix of growth and income.
- Sectoral/Thematic Funds: These funds focus on specific sectors or themes, offering targeted exposure but also higher risk due to concentrated investments.
Top 10 Mutual Funds Of Past Year
| Rank | Fund Name | Category | AuM (Cr) | 1-Year Return |
|---|---|---|---|---|
| 1 | Quant Mid Cap Fund – Direct Plan – Growth | Mid Cap Fund | ₹6,920.17 Cr | 73% |
| 2 | Bandhan Small Cap Fund – Direct Plan – Growth | Small Cap Fund | ₹4,994.19 Cr | 71% |
| 3 | Quant Small Cap Fund – Direct Plan – Growth | Small Cap Fund | ₹20,164.09 Cr | 64% |
| 4 | Quant Large and Mid Cap Fund – Direct Plan – Growth | Large & Mid Cap Fund | ₹2,535.89 Cr | 65% |
| 5 | Bank of India Flexi Cap Fund – Direct Plan – Growth | Flexi Cap Fund | ₹879.32 Cr | 60% |
| 6 | Bandhan Core Equity Fund – Direct Plan – Growth | Large & Mid Cap Fund | ₹4,394.78 Cr | 54% |
| 7 | SBI Long Term Equity Fund – Direct Plan – Growth | ELSS | ₹23,411.67 Cr | 56% |
| 8 | DSP Natural Resources and New Energy Fund – Direct Plan – Growth | Sectoral/Thematic Fund | ₹1,093.75 Cr | 53% |
| 9 | SBI Contra Fund – Direct Plan – Growth | Contra Fund | ₹29,585.65 Cr | 47% |
| 10 | ICICI Prudential Bluechip Fund – Direct Plan – Growth | Large Cap Fund | ₹54,904.23 Cr | 38% |
Performance Analysis Of Mutual Funds
The top mutual funds mentioned above have demonstrated strong performance over the past year. Bandhan Small Cap Fund, with a remarkable 71% return, stands out in the small-cap category. It reflects the potential of smaller companies to deliver significant growth.
In the large-cap segment, ICICI Prudential Bluechip Fund and Nippon India Large Cap Fund have shown steady returns, showcasing stability and reliability. Flexi Cap funds like Bank of India Flexi Cap Fund and JM Flexi Cap Fund have also performed well, offering a diversified approach to investing across market caps.
Sectoral/thematic funds such as DSP Natural Resources and New Energy Fund and Sundaram Consumption Fund highlight opportunities in specific sectors. Investors interested in tax-saving options can consider ELSS funds like SBI Long Term Equity Fund and Quant ELSS Tax Saver Fund, combining tax benefits with growth potential.
Read Also : Unlocking the Magic of SIP: A Simple Guide to Building Wealth In 2024
Conclusion
Overall, the top 10 mutual funds showcased a range of investment options across different categories, including large cap, mid cap, small cap, flexi cap, sectoral/thematic, and ELSS funds. Each category has its risk-return profile, and investors should align their investment choices with their financial goals, risk tolerance, and investment horizon.
It’s important to note that past performance is not a guarantee of future results. Investors should conduct thorough research, consider their investment objectives, and consult with financial advisors if needed before making investment decisions.
Diversification, regular review of investments, and staying informed about market trends are key strategies for building a robust mutual fund portfolio. Happy investing!
Mutual Funds are subject to market risk, do proper research and have confirmed knowledge before investing! SIP can also be a good choice of investment, read about that too!!
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