Top 10 Mutual Funds in India

Introduction 

Mohini has always heard that mutual funds are subjected to market risks. She knew that investing her money in mutual funds could be risky, but she always wanted to start investing in mutual funds. Gathering some courage, she finally decided to start investing but got stuck as she was advised to invest in the best mutual funds in india. But she did not know the current top 10 mutual funds in india 2021-2022.

Mutual funds are subject to market risk, but the returns you will get if your investment does well are pretty unignorable. If you want to start investing in mutual funds, it is essential to know the best mutual funds in india. To understand the top 10 mutual funds in india, keep reading this blog.

Top 10 Mutual Funds in India

Following is the list of top 10 mutual funds in india 2021- 2022

• ICICI Prudential Technology Fund

This mutual fund is currently the best mutual funds in india to invest in. This fund is hazardous and comes under the equity category of mutual funds.

The annualized returns for this fund for one year, three years, and five years are 80.9%, 42.42%, and 34.44%, respectively. The minimum amount to be invested under ICICI Prudential Technology Fund is lump-sum Rs. 5000 or via SIP it is Rs. 100.

Currently, under this fund, about Rs. Seven thousand three hundred eighty-seven crores of assets are managed.

• Quant Infrastructure Fund

This fund ranks 2nd on the top 10 mutual funds in india. This fund is hazardous and comes under the equity category of mutual funds.

The annualized returns for this fund for one year, three years, and five years are 97.2%, 39.79%, and 27.52%, respectively. The minimum amount to be invested under Quant Infrastructure Fund is lump-sum Rs. 5,000 or via SIP, it is Rs. 1,000.

Currently, under this fund, about Rs. Two hundred ninety-three crores of assets are managed.

• Quant Tax Plan Fund

This fund ranks 3rd  on the top 10 mutual funds in india. This fund is hazardous and comes under the equity category of mutual funds.

The annualized returns for this fund for one year, three years, and five years are 76.3%, 38.98%, and 27.73%, respectively. The minimum amount to be invested under Quant Tax Plan Fund is lump-sum Rs. 500 or via SIP it is Rs. 500.

Currently, under this fund, about Rs. Five hundred fifty-five crores of assets are managed.

• PGIM India Midcap Opportunities Fund

This fund is highly risky and comes under the equity category of mutual funds.

The annualized returns for this fund for one year, three years, and five years are 71.6%, 38.22%, and 25.19%, respectively. The minimum amount to be invested under PGIM India Midcap Opportunities Fund is lump-sum Rs. 5000 or via SIP it is Rs. 1,000.

Currently, under this fund, about Rs. Three thousand five hundred eighty-five crores of assets are managed.

• Axis Small Cap Fund

This fund is highly risky and comes under the equity category of mutual funds.

The annualized returns for this fund for one year, three years, and five years are 63.4%, 34.19%, and 25.23%, respectively. The minimum amount to be invested under Axis Small Cap Fund is lump-sum Rs. 5000 or via SIP it is Rs. 500.

Currently, under this fund, about Rs. Seven thousand six hundred ninety-five crores of assets are managed.

• PGIM India Flexi Cap Fund

This fund is highly risky and comes under the equity category of mutual funds.

The annualized returns for this fund for one year, three years, and five years are 52.2%, 31.82%, and 24.05%, respectively. The minimum amount to be invested in PGIM India Flexi Cap Fund is either lump-sum Rs. 5000 or via SIP it is Rs. 1,000.

Currently, under this fund, about Rs. Two thousand eight hundred eighty-eight crores of assets are managed.

• Parag Parikh Flexi Cap Fund

This fund is highly risky and comes under the equity category of mutual funds.

The annualized returns for this fund for one year, three years, and five years are 52.1%, 31.54%, and 24.32%, respectively. The minimum amount to be invested under Parag Parikh Flexi Cap Fund is lump-sum Rs. 1000 or via SIP it is Rs. 1,000.

Currently, under this fund, about Rs. Eighteen thousand two hundred ninety-nine crores of assets are managed.

• IIFL Focused Equity Fund

This fund is highly risky and comes under the equity category of mutual funds.

The annualized returns for this fund for one year, three years, and five years are 41.5%, 30.83%, and 22.38%, respectively. The minimum amount to be invested under IIFL Focused Equity Fund is lump-sum Rs. 1,000 or via SIP it is Rs. 1,000.

Currently, under this fund, about Rs. Two thousand four hundred sixty-nine crores of assets are managed.

• Axis Growth Opportunities Fund

This fund is highly risky and comes under the equity category of mutual funds.

The annualized returns for this fund for one year, three years, and five years are 52.4%, 30.25%, and null%, respectively. The minimum amount to be invested under Axis Growth Opportunities Fund is lump-sum Rs. 5000 or via SIP it is Rs. 1000.

Currently, under this fund, about Rs. Five thousand two hundred fourteen crores of assets are managed.

• Axis Midcap Fund

This fund is highly risky and comes under the equity category of mutual funds.

The annualized returns for this fund for one year, three years, and five years are 47.9%, 28.21%, and 25.09%, respectively. The minimum amount to be invested under Axis Midcap Fund is lump-sum Rs. 5000 or via SIP it is Rs. 500.

Currently, under this fund, about Rs. Sixteen thousand one hundred one crores of assets are managed.

Also Read: Your Guide to Choose the Best Mutual funds

Conclusion

Start investing in those mentioned above top 10 mutual funds in india 2021-2022 to earn handsome returns on investment money. Choosing a plan that can cater to your needs and suit you the best is important.