Best Mutual Fund: If you are also thinking of investing in mutual funds, then we are going to tell you about the best 5 mutual funds. In which you can get a lot of profit by investing. You can take expert advice before investing in mutual funds. Mutual funds are categorized into large-cap funds, mid-cap funds, small-cap funds, flexi-cap funds and ELSS. According to a report by Financial Express, these five mutual funds have given excellent returns in the last 5 years.
Nippon India Small Cap Fund
This fund started from 2013. It invests in small-cap companies. If you are capable of taking risk then this would be the best mutual fund for you. This fund has given 23.61% CAGR in last 5 years.
Axis Mid-Cap Fund
Axis Mid-Cap Fund currently has an AUM of Rs.13834.27 Crores. This fund is best for those who want to invest for 3-4 years and get high returns. The 5-year CAGR of the fund is 21.13%.
PGIM India Mid-Cap Opportunities Fund
One can invest in this fund with a minimum SIP of Rs 1000. The fund currently has an AUM of Rs 2383.38 crore. Whereas the minimum lump sum amount is Rs 5000. PGIM India Mid-Cap Opportunities Fund has given 21.23% return on SIP in the last 5 years.
Canara Robeco Bluechip Equity Fund (Large-Cap)
This scheme launched by Canara Robeco Mutual Fund was launched in 2013. It has been rated as Extremely High Risk with a current Asset Under Management (AUM) of Rs 3,691.25 crore. You can start it with SIP of 1000 rupees. It has given an annual return of 18.08 per cent in the last 5 years on SIP.
Axis Bluechip Fund (Large-Cap)
Axis Bluechip Fund, launched by Axis Mutual Fund, currently has an AUM of Rs 29160.6 crore. It invests in blue-chip stocks or stocks of large companies that are financially stable and established. While they are less volatile than mid-cap or small-cap stocks. Is. This mutual fund has given 18.50% Compound Annual Growth Rate (CAGR) in the last 5 years. In this fund, you can start a SIP of Rs 1000.