Which mutual fund is best for 5 years? (2024)

Which mutual fund is best for 5 years?

(You must convert the rate of return to the monthly figure through dividing by 12). You also have n = 10 years or 120 months. FV = Rs 1,84,170. So, the future value of a SIP investment of Rs 1,000 per month for 10 years at an estimated rate of return of 8% is Rs 1,84,170.

Which mutual fund has highest return in last 5 years?

Highest Return Mutual Funds in Last 5 Years
Fund Name3 Years Return5 Years Return
Motilal Oswal Midcap fund (G)32.1%26.2%
Bank of India Manufacturing & Infra fund (G)29.0%26.1%
Quant Large and Mid Cap Fund (G)30.8%26.0%
Kotak Small Cap fund (G)22.5%25.7%
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What are the top 5 performing mutual funds?

9 Best Mutual Funds to Buy Now
Mutual FundAssetsFees
American Funds Growth Fund of America (AGTHX)$252 billion0.63%
Fidelity Select Technology Portfolio (FSPTX)$13 billion0.70%
JPMorgan Equity Premium Income Fund (JEPAX)$6 billion0.85%
Vanguard Dividend Appreciation Index Fund (VDADX)$14 billion0.08%
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Feb 14, 2024

Which mutual fund is best of all time?

BEST MUTUAL FUNDS
  • Kotak Flexicap Fund Direct Growth. ...
  • Tata Flexi Cap Fund Direct Growth. ...
  • Bandhan Flexi Cap Fund-Direct Plan-Growth. ...
  • Canara Robeco Flexi Cap Fund Direct Plan Growth Option. ...
  • Navi Flexi Cap Fund Direct Growth. ...
  • Sundaram Flexi Cap Fund Direct Growth. ...
  • Samco Flexi Cap Fund Direct Growth. ...
  • SBI Flexicap Fund Direct Growth.

Which is the rank 1 mutual fund?

Top Mutual Fund Houses in India
S.No.Mutual Fund House
1.SBI Mutual Fund
2.ICICI Prudential Mutual Fund
3.HDFC Mutual Fund
4.Aditya Birla Sun Life Mutual Fund
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Feb 15, 2024

What is a good investment return over 5 years?

5-year, 10-year, 20-year and 30-year S&P 500 returns
Period (start-of-year to end-of-2023)Average annual S&P 500 return
5 years (2019-2023)15.36%
10 years (2014-2023)11.02%
15 years (2009-2023)12.63%
20 years (2004-2023)9.00%
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Mar 5, 2024

What if I invest $1,000 in mutual funds for 10 years?

(You must convert the rate of return to the monthly figure through dividing by 12). You also have n = 10 years or 120 months. FV = Rs 1,84,170. So, the future value of a SIP investment of Rs 1,000 per month for 10 years at an estimated rate of return of 8% is Rs 1,84,170.

Which mutual fund is safe and highest return?

  • Quant Infrastructure Fund Direct-Growth. ...
  • Quant Small Cap Fund Direct Plan-Growth. ...
  • Aditya Birla Sun Life PSU Equity Fund Direct - Growth. ...
  • SBI PSU Direct Plan-Growth. ...
  • Quant Mid Cap Fund Direct-Growth. ...
  • ICICI Prudential BHARAT 22 FOF Direct - Growth. ...
  • ICICI Prudential Infrastructure Direct-Growth.

What is the safest mutual fund?

Money market mutual funds = lowest returns, lowest risk

They are considered one of the safest investments you can make. Money market funds are used by investors who want to protect their retirement savings but still earn some interest — often between 1% and 3% a year. (Learn more about money market funds.)

What is the safest investment with the highest return?

Here are the best low-risk investments in March 2024:
  • High-yield savings accounts.
  • Money market funds.
  • Short-term certificates of deposit.
  • Series I savings bonds.
  • Treasury bills, notes, bonds and TIPS.
  • Corporate bonds.
  • Dividend-paying stocks.
  • Preferred stocks.
Mar 1, 2024

Which mutual fund is best in USA?

Best mutual funds
  • Fidelity 500 Index Fund (FXAIX).
  • Fidelity Total Market Index Fund (FSKAX).
  • Schwab S&P 500 Index Fund (SWPPX).
  • Schwab Total Stock Market Index Fund (SWTSX).
  • Vanguard 500 Index Fund Admiral Shares (VFIAX).
  • Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX).

Are mutual funds 100% safe?

Mutual fund companies are well regulated

All mutual fund houses operate under stringent regulations to protect every investor's interests. These regulations are put in place by SEBI (Securities and Exchange Board of India), a government agency responsible for the supervision and functioning of the capital markets.

What is the oldest best performing mutual fund?

Check out the UTI Mutual Funds AMC Page
Fund NameInception DateAbsolute Returns
Tata Large & Mid Cap Fund (G)31/3/034099.59%
SBI Large & Mid Cap Fund (D)31/3/973835.13%
Franklin India Bluechip Fund (G)1/12/9316127.48%
Franklin India Prima Fund (G)1/12/9314343.52%
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Which mutual fund is best in 2024?

Best ELSS or tax saving mutual funds to invest in March 2024:
  • Canara Robeco ELSS Tax Saver Fund.
  • Mirae Asset ELSS Tax Saver Fund.
  • Invesco India ELSS Tax Saver Fund.
  • DSP ELSS Tax Saver Fund.
  • Quant ELSS Tax Saver Fund (new addition)
  • Bank of India ELSS Tax Saver (new addition)
3 days ago

Which fund gives highest return?

Fund House Fund Category Fund Rank and Ratios Fund Parameters Investment Parameters Filter
Scheme NamePlan5Y
SBI Contra Fund - Direct Plan - GrowthDirect Plan26.14%
HDFC ELSS Tax saver - Direct Plan - GrowthDirect Plan18.09%
Canara Robeco ELSS Tax Saver Fund - Direct Plan - GrowthDirect Plan19.37%
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How do I choose the best mutual fund?

You should compare the performance of the mutual fund with its benchmark and peer group, and consider the consistency and stability of the returns. You should choose a mutual fund that has delivered superior and consistent returns over the long term, and has outperformed its benchmark and category average.

Which fund has the highest 10 year return?

Morningstar Direct ranked the funds in terms of their 10-year annualized returns, as measured on a specific date (as opposed to the end of the month) — in this case, Oct. 19, 2023. No. 1 on the list is the ProFunds Semiconductor UltraSector Fund, which yielded 29.21% over the past decade.

How much money do I need to invest to make $3000 a month?

If the average dividend yield of your portfolio is 4%, you'd need a substantial investment to generate $3,000 per month. To be precise, you'd need an investment of $900,000. This is calculated as follows: $3,000 X 12 months = $36,000 per year.

How to invest $5,000 dollars for quick return?

What's the best way to invest $5,000?
  1. Invest in your 401(k) and get the matching dollars. ...
  2. Use a robo-advisor. ...
  3. Open or contribute to an IRA. ...
  4. Buy commission-free ETFs. ...
  5. Trade stocks.
Nov 2, 2023

How much money do I need to invest to make $1000 a month?

The truth is that most investors won't have the money to generate $1,000 per month in dividends; not at first, anyway. Even if you find a market-beating series of investments that average 3% annual yield, you would still need $400,000 in up-front capital to hit your targets. And that's okay.

How long should you keep money in a mutual fund?

Mutual funds have sales charges, and that can take a big bite out of your return in the short run. To mitigate the impact of these charges, an investment horizon of at least five years is ideal.

How long should I leave my money in a mutual fund?

Investors should not make hasty decisions based on short-term fluctuations in performance but should re-evaluate their investments if a fund consistently underperforms its benchmark over a period of 2-3 years.

How many years is good for mutual funds?

Most investors consider a period of 3-5 years or more as a long term. Long-term investments help secure funds for the future. Also, one can start small and build a sizeable corpus because a long-term investment gives enough time for assets to appreciate. Here is an example.

Which mutual fund gives 20 percent return?

Among them, the two schemes which gave over 20 percent annualised return are 360 ONE Focused Equity Fund and Quant Focused Fund. If someone had invested ₹one lakh five years ago in 360 ONE Focused Equity Fund, it would have swelled to ₹2.74 lakh after delivering 22.35 percent annualised return.

Where can I get 12% interest on my money?

Where can I find a 12% interest savings account?
Bank nameAccount nameAPY
Khan Bank365-day, 18-month and 24-month Ordinary Term Savings Account12.3% to 12.8%
Khan Bank12-month, 18-month and 24-month Online Term Deposit Account12.4% to 12.9%
YieldN/AUp to 12%
Crypto.comCrypto.com EarnUp to 14.5%
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Jun 1, 2023

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