Which is the best mutual fund for 2024?
Which investment gives high return? Investments in equity or equity-oriented instruments, such as stocks and equity mutual funds, typically offer high returns. However, they come with higher risk compared to fixed-income investments. Real estate and certain types of ULIPs can also offer high returns.
- Victory Nasdaq-100 Index (USNQX)
- Shelton Nasdaq-100 Index Investor (NASDX)
- Fidelity Large Cap Growth Index (FSPGX)
- Schwab U.S. Large-Cap Growth Index (SWLGX)
- AB Large Cap Growth Advisor (APGYX)
- T.
Rank | Fund | Three-year return (%) |
---|---|---|
2 | Vanguard LifeStrategy 80% Equity | 19.8 |
3 | L&G Global Technology Index Trust | 61.4 |
4 | Jupiter India | 99.2 |
5 | HSBC FTSE All World Index | 33.5 |
Fund (ticker) | 10-Year Avg. Ann. Return |
---|---|
Schwab S&P 500 Index Fund (SWPPX) | 12.99% |
Shelton Nasdaq-100 Index Investor Fund (NASDX) | 18.21% |
Schwab Fundamental US Large Company Index Fund (SFLNX) | 11.71% |
Fidelity Intermediate Municipal Income Fund (FLTMX) | 2.28% |
- Nippon India Small Cap Fund. ...
- Quant Flexi Cap Fund. ...
- Quant ELSS Tax Saver Fund. 1,428,661.33. ...
- HSBC Small Cap Fund. 1,362,349.31. ...
- SBI Contra Fund. 1,353,971.16. ...
- Bank of India Small Cap Fund. 1,353,842.64. ...
- Franklin India Smaller Cos Fund. 1,345,052.9. ...
- HDFC Small Cap Fund. 1,343,394.33.
- 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.
FUND | NAV | 5YR CAGR |
---|---|---|
ICICI Prudential MidCap Fund - Direct Plan - Growth EQUITY | 278.48 | 21.58 % |
Invesco India Midcap Fund - Direct Plan - Growth EQUITY | 159.29 | 23.37 % |
Tata Mid Cap Growth Fund DIRECT Plan - Growth(Appreciation) EQUITY | 429.398 | 23.42 % |
Ticker | Name | 5-year return (%) |
---|---|---|
SSAQX | State Street US Core Equity Fund | 16.88% |
PBFDX | Payson Total Return | 16.73% |
FGRTX | Fidelity Mega Cap Stock | 16.52% |
STSEX | BlackRock Exchange BlackRock | 16.27% |
Which investment gives high return? Investments in equity or equity-oriented instruments, such as stocks and equity mutual funds, typically offer high returns. However, they come with higher risk compared to fixed-income investments. Real estate and certain types of ULIPs can also offer high returns.
Fortunately, analysts see positive earnings and revenue growth for all eleven market sectors this year. The healthcare sector is expected to generate a market-leading 17.8% earnings growth in 2024, while the information technology sector is expected to lead the way with 9.3% revenue growth.
What is the safest mutual fund?
STSEX | Blackrock Exchange Portfolio | $1,836.46 |
---|---|---|
PRDGX | T. Rowe Price Dividend Growth Fund | $66.00 |
VWESX | Vanguard Long-Term Investment-Grade Fund | $7.93 |
- Vanguard LifeStrategy Income Fund (VASIX).
- Vanguard Target Retirement Income Fund (VTINX).
- Fidelity Freedom Index Income Fund Investor Class (FIKFX).
- Schwab Monthly Income Fund Income Payout (SWLRX).
- Schwab Monthly Income Fund Flexible Payout (SWKRX).
Large Cap funds | 1-year-return (%) |
---|---|
Quant Large Cap Fund | 56.31 |
Bank of India Bluechip Fund | 49.09 |
JM Large Cap Fund | 47.09 |
Nippon India Large Cap Fund | 46.42 |
(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.
50,000 per month SIP for 5 years? If you invest Rs. 50,000 per month in a SIP for 5 years, the total investment would amount to Rs. 30 lakhs.
The definition of long-term varies based on individual goals. 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.
High-yield savings accounts
A high-yield savings account is the safest investment you can find that still offers a modest return. A savings account is basically just like a bank account, except with a higher interest rate. Many banks and financial institutions offer these types of accounts.
If you're 70, you'd look at sticking to 40% stocks. Of course, there's wiggle room with this formula, and it's really just a way to get started. And for many older investors, a 50-50 split of stocks and bonds is what's preferred throughout retirement, and that's fine, too.
- Stocks.
- Real Estate.
- Private Credit.
- Junk Bonds.
- Index Funds.
- Buying a Business.
- High-End Art or Other Collectables.
ELSS Funds | 3-year-returns (%) (regular) |
---|---|
JM ELSS Tax Saver Fund | 22.40 |
Kotak ELSS Tax Saver Fund | 21.11 |
Motilal Oswal ELSS Tax Saver Fund | 25.21 |
Nippon India ELSS Tax Saver Fund | 21.96 |
Which mutual fund has the least risk?
- Invesco India Arbitrage Fund. ...
- Edelweiss Arbitrage Fund. ...
- Bank of India Overnight Fund. ...
- Mirae Asset Overnight Fund. ...
- Axis Overnight Fund. ...
- Kotak Equity Arbitrage Fund. ...
- Tata Arbitrage Fund. ...
- Nippon India Arbitrage Fund.
- iStock. 1/8. Wealth Multiplier. ...
- Getty Images. 2/8. Quant Small Cap Fund. ...
- Agencies. 3/8. Bandhan Small Cap Fund. ...
- iStock. 4/8. Franklin India Smaller Companies Fund. ...
- Agencies. 5/8. Nippon India Small Cap Fund. ...
- iStock. 6/8. ITI Small Cap Fund. ...
- Agencies. 7/8. ...
- Getty Images. 8/8.
- Set your goals.
- Consider passive vs. active funds.
- Review types of mutual funds.
- Hone in on specific funds.
- Review the fund's prospectus.
- Look at costs and fees.
Long-term certificates of deposit. Overview: Certificates of deposit, or CDs, are issued by banks and generally offer a higher interest rate than savings accounts. And long-term CDs may be better options when you expect rates to fall, allowing you to keep your money earning higher rates for years.
One metric that investors often look to is trailing one-month performance. The top ETFs for equities, bonds, fixed income, commodities, and currencies for April 2024 based on this metric include CRPT, FCVT, EMHY, DBA, and UUP.