Best Mutual Funds to Invest in 2024

A meticulously curated assortment of mutual fund schemes, designated as “Top SIP Funds,” has consistently delivered superior returns compared to other funds within the same category. Consequently, these funds emerge as the optimal choice for investment in India, ensuring enhanced long-term returns for SIP participants. Mutual Funds to Invest Their commitment to adhering to a steadfast investing philosophy during challenging economic phases and their resilience in the face of transient price fluctuations in portfolio stocks further solidifies their position as the premier mutual funds for investment.

Best Mutual Funds to Invest in 2024-Addmorebusiness
Best Mutual Funds to Invest in 2024-Addmorebusiness

1. Best Mutual Funds to Invest in 2024 – Equity Fund

S.No         

Name 1 Year 3 Years

5 Years

1

Quant Small Cap Fund Growth 29.92% 41.77% 28.34%

 

2

Quant Infrastructure Fund Growth

10.18%

38.37

26.93

3

Nippon India Small Cap Fund – Growth

31.55%

41.97%

26.18%

4

HDFC Small Cap Fund Growth

32.01%

38.16%

20.39%

5 Quant Tax Plan-Growth 8.97% 31.72%

25.61%

 

2.Best Mutual Funds to Invest in 2024 – (Hybrid Fund)

 

S.No Name 1 Year 3 Years 5 Years
1 ICICI Prudential Equity & Debt Fund – Growth 18% 30% 18%
2 Kotak Equity Hybrid Fund – Growth 12% 19% 16%
3 Edelweiss Aggressive Hybrid Fund – Growth 15% 20% 15%
4 SBI Arbitrage Opportunities Fund – Regular Plan-Growth 7% 5% 5%
5 Invesco India Arbitrage Fund – Growth 7% 5% 5%

 

3.Best Mutual Funds to Invest in 2024 – (Debt Fund)

S.No Name 1 Year 3 Years 5 Years
1 ICICI Prudential Banking & PSU Debt Fund – Growth 7% 5% 7%
2 DSP Banking & PSU Debt Fund – Regular Plan-Growth 6% 4% 7%
3 Nippon India Corporate Bond Fund – Growth 7% 5% 7%
4 Invesco India Credit Risk Fund – Regular Plan-Growth 11% 5% 4%
5 Aditya Birla Sun Life Credit Risk Fund – Regular Plan-Growth 7% 7% 6%

 

4.Best Mutual Funds to Invest in 2024 – (Index Fund)

 

S.No Legal Name 1 Year 3 Years 5 Years
1 UTI Nifty 50 Index Fund Regular Plan-Growth 10.48 19.28 14.44
2 Bandhan Nifty 50 Index Fund Growth 10.12 18.85 14.3
3 ICICI Prudential Nifty 50 Index Plan Regular Growth 10.29 14.87 14.14
4 HDFC Nifty 50 Index fund 10.31% 19.35% 14.85
5 Tata Nifty 50 Index Fund 10.07% 19.07% 14.62

 

 

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