 |
| mutual fund |
Best Mutual Funds for the year 2020
If you are willing to invest in Mutual funds then, below
mentioned Mutual funds will generate more return to you but before we go
further, let me tell first you that all the investments are subject to market
risk.
What is Mutual fund?
A mutual fund is one kind of fund which is managed by
professionals. they are experts in the share market and other securities like a
bond, debenture, etc. this professional pool money from so many investors like
us who wanted to invest in the share market and use this money to invest in the
share market.
How to Invest in Mutual funds?
A person can buy a mutual fund in two way, first is a Lump sum
Method and the second is SIP(Systematic Investment Plan)
Lump-sum Method:-
In this method, any lump sum amount is invested in the
mutual fund for a particular period. i.e. Rs.100000 for a period of 5 years.
SIP (Systematic Investment Plan):-
In this method, one can invest money periodically like 1000
per month, 500 per month, 5000 per month, etc. you can increase your SIP amount
as you want in any year.
Best mutual fund for the year 2020
1. Parag Parikh Long Term Equity Fund - Direct Plan-Growth
- Multi-Cap Fund
- Moderately Risky
- Fund Size: 2480.49 Cr
- Expense Ratio: 1.24%
- Benchmark: Nifty 500 TRI
Parag Parikh long term equity fund has the 65.52% investment
in Indian shares of which 33.9% is in large-cap shares, 10.93% is in mid-cap
shares, 11.28% in small-cap shares. this fund also invests your money in
foreign shares like Facebook, amazone.com, Alphabet inc, etc. Investors who are
looking to invest money for at least 5 to 6 years and looking for high returns.
At the same time, these investors should also be ready for the possibility of
moderate losses in their investments.
2. Aditya Birla Sun Life Focused Equity fund - Direct Plan-Growth
- Focused fund - Large Cap
- Moderately Risky
- Fund Size: 4406.98 Cr
- Expense Ratio: 1.2%
- Benchmark: Nifty 50 TRI
ABSL Focused Equity Fund has 92.32% investment in Indian
shares of which 69.89% is in large-cap shares, 12.41% is in mid-cap shares. The
the fund has 0.03% investment in Debt of which, 0.03% in funds invested in very
low-risk securities. This fund is also performing better in the down market once
you rich 2 to 3 years of investment you
will get a return of 8 to 10 percent. Investors who have to take selective bets
for higher returns compared to other Equity funds. these investors should also
be ready for the possibility of moderate to high losses in their investments
even though the overall market is performing better.
3.HDFC Mid-Cap Opportunities Fund - Direct Plan-Growth
- Midcap Fund
- Moderately High Risky
- Fund Size: 22791.83 Cr
- Expense Ratio:1.26. percent
- Benchmark: Nifty Mid Cap 100 TRI
HDFC Mid-Cap Opportunities Fund has 92.01% investment in
Indian shares of which 3.05% is in large-cap shares, 61.28% is in mid-cap
shares, 21.96% in small-cap shares. Fund has also an investment in Debt of
which, 1.75% in funds invested in very low-risk securities. investors who are
looking to invest money at least 4 to 5 years and looking for high returns. At
the same time, these investors should also be ready for the possibility of
moderate losses in their investments.
4.Axis Small Cap Fund - Direct Plan-Growth
- Small Cap Fund
- Moderately High Risky
- Fund Size: 1542.18 Cr
- Expense Ratio: 0.42 percent
- Benchmark: Nifty Small-Cap 100 TRI
Axis Small Cap Fund has 81.88% investment in Indian share market in which, 13.69% is in mid-cap shares, 62.83% in small-cap shares
Investors who are looking to invest money for at least 4 to 5 years and looking
for very high returns. these investors should also be ready for the possibility
of higher losses in their investments.
5.SBI Magnum Medium Duration Fund - Direct Plan-Growth
- Medium Duration Fund - Debt Fund
- Medium Risk
- Fund Size: 2469.84 Cr
- Expense Ratio: 0.73 percent
- Benchmark: CRISIL 10 Year Gilt Index
This fund has 82.91% investment in Debt in which 13.51% in
Government securities, 56.19% in funds invested in very low-risk securities.
Investors should wait for 1 to 3 years and this is the best alternative of
fixed deposit.
6.Axis Long Term Equity Fund - Direct Plan-Growth
- ELSS Fund - tax saving
- Moderately High Risky
- Fund Size: 21472.82 Cr
- Expense Ratio: 0.92 percent
- Benchmark: S&P BSE 200 TRI
This fund has 98.52% investment in the Indian stock market
in which 67.01% is in large-cap stocks and 17.01% is in mid-cap stocks and
6.72% in small-cap stocks. Investors should invest money for at least 3 years
and look for additional benefits of income tax saving apart from higher
returns expectations. these investors should also be ready for the possibility
of moderate losses in their investments and 3 year lock-in period.
Note: All the investments are subject to market risk. please before invest analyze your self.