Which mutual fund is performing best in 2020?
Contents
Which mutual fund is performing best in 2020?
Top 10 Mutual Funds in India 2020
- ICICI Prudential Focused Bluechip Equity Fund.
- Aditya Birla Sun Life Small & Midcap Fund.
- Tata Equity PE Fund.
- HDFC Monthly Income Plan – MTP.
- L Tax Advantage Fund.
- SBI Nifty Index Fund.
- Kotak Corporate Bond Fund.
- Canara Robeco Gilt PGS.
Which Blue Chip Fund is best?
6 Best Bluechip Mutual Funds SIPs To Invest in 2021
| Fund Name | 1 Year | 3 Years |
|---|---|---|
| Canara Robeco Bluechip Equity Fund | 52.07% | 22.09% |
| Axis Bluechip Fund | 51.41% | 21.11% |
| SBI Bluechip Direct | 54.89% | 17.55% |
| Kotak Bluechip Fund Direct | 54.68% | 19.41% |
How can I double my money in one year?
Here are some options to double your money:
- Tax-free Bonds. Initially tax- free bonds were issued only in specific periods.
- Kisan Vikas Patra (KVP)
- Corporate Deposits/Non-Convertible Debentures (NCD)
- National Savings Certificates.
- Bank Fixed Deposits.
- Public Provident Fund (PPF)
- Mutual Funds (MFs)
- Gold ETFs.
What is the best mutual fund?
The 25 Best Mutual Funds of All Time Fidelity Select Software & IT Services Wasatch Micro Cap Wasatch Morningstar category: U.S. Small Growth Inception date: June 19, 1995 Average annual return since inception: 15.96% Micro-cap stocks – typically thought of as companies between Vanguard Health Care Investor Vanguard Morningstar category: U.S.
What funds have the highest returns?
Stock mutual funds, also known as equity mutual funds, carry the highest potential rewards, but also higher inherent risks – and different categories of stock mutual funds carry different risks.
What is the average return on mutual funds?
If you’re looking into investing in mutual funds, you’ll want a sense of the average return before making any moves. In 2019, mutual funds in seven broad categories have averaged a return of roughly 13%, more than double the average annual return over the past 15 years.
Is mutual fund tax free?
Tax-Exempt Funds. Mutual funds invested in government or municipal bonds, also called munis , are often referred to as tax-free or tax-exempt funds because the interest generated by these bonds is not subject to income tax.