Best Mutual Funds For 2023, Best Return Mutual Fund For 2023.
Best Mutual Funds For 2023?
Best Mutual Funds For 2023, If you are interested in invest in mutual fund, you can check these funds, Mutual fund is best for returns, this time is first choice every person who invest amount for best returns, if u’r not invest in best plan then result is returns are very bad and expense ratio is high, so check here for best plan and low expense ratio funds.
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TOP 10 Best Mutual Fund List
Top 10 Mutual funds for 2023
Return record date 31/12/2022
| Sl. No | Fund Name | 1 Month Return | 6 Month Return | 1 Year Return | 3 Year Return | 5 Year Return | All Time Return |
|---|---|---|---|---|---|---|---|
| 1 | Quant Mid Cap Fund Direct Growth | -3.19% | 18.63% | 8.13% | 20.96% | 12.69% | 16.74% |
| 2 | PGIM India Midcap Opportunities Fund Direct Growth | -2.99% | 14.52% | -0.10% | 36.08% | 17.71% | 19.12% |
| 3 | SBI Contra Direct Plan Growth | -1.85% | 19.20% | 13.63% | 31.11% | 14.13% | 15.16% |
| 4 | Quant Large & Mid Cap Fund Direct Growth | -1.40% | 21.78% | 15.02% | 27.37% | 14.53% | 18.50% |
| 5 | Mahindra Manulife Multi Cap Badhat Yojana Direct Growth | -2.30% | 17.50% | 3.51% | 23.54% | 15.00% | 16.34% |
| 6 | SBI Large & Mid Cap Fund Direct Growth | -1.09% | 27.15% | 56.73% | 31.68% | 24.54% | 22.14% |
| 7 | Axis Midcap Direct Plan Growth | -2.82% | 12.12% | 3.86% | 20.31% | 15.48% | 18.51% |
| 8 | IIFL Focused Equity Fund Direct Growth Plan | -3.15% | 17.48% | 0.13% | 20.12% | 16.20% | 16.01% |
| 9 | ICICI Prudential Bluechip Fund Direct Growth Plan | -2.75% | 15.62% | 7.53% | 16.86% | 12.05% | 14.99% |
| 10 | Kotak Bluechip Fund Direct Growth Plan | -2.86% | 14.50% | 3.28% | 16.28% | 12.42% | 14.36% |
Note: This time market move to all time high so if you are interested to invest, you can choose the SIP plan not invest in one time big amount.
What is mutual fund?
A mutual fund is a kind of investment (SIP & One Time, Lump Sum) that uses money from investors to invest in stocks, bonds, debt fund or other types of investment. A fund manager (AMC) (or “portfolio manager”) decides how to invest the money, and for this he is paid a fee, which comes from the money in the fund. AMC- Asset Management Company/ Mutual fund company.
Disclaimer:-
Mutual Fund investments are subject to market risks, read the all scheme related documents carefully. The NAVs of the schemes may go up or down depending on market movements.
