Which is the best mutual fund for 2024? (2024)

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.

What is the best mutual fund to invest in in 2024?

Below are some of the best mutual funds, with performance data as of March 29, 2024.
  • 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.

Which fund to invest in 2024?

Top 10 most-popular investment funds in March 2024
RankFundThree-year return (%)
2Vanguard LifeStrategy 80% Equity19.8
3L&G Global Technology Index Trust61.4
4Jupiter India99.2
5HSBC FTSE All World Index33.5
6 more rows
Apr 2, 2024

What is the best mutual fund right now?

Summary: Best Mutual Funds
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%
6 more rows
Apr 1, 2024

Which mutual fund is best for the next 5 years?

Equity Mutual Funds: SIP Performance in 5 years
  • 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.
Feb 26, 2024

What is the safest investment with the highest return?

Here are the best low-risk investments in April 2024:
  • 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.
Apr 1, 2024

Which mutual fund is safe and highest return?

Best Mutual Funds - Invest in Top 10 Mutual Funds in India
FUNDNAV5YR CAGR
ICICI Prudential MidCap Fund - Direct Plan - Growth EQUITY278.4821.58 %
Invesco India Midcap Fund - Direct Plan - Growth EQUITY159.2923.37 %
Tata Mid Cap Growth Fund DIRECT Plan - Growth(Appreciation) EQUITY429.39823.42 %
17 more rows
Mar 14, 2024

What fund has the highest return?

Best-performing U.S. equity mutual funds
TickerName5-year return (%)
SSAQXState Street US Core Equity Fund16.88%
PBFDXPayson Total Return16.73%
FGRTXFidelity Mega Cap Stock16.52%
STSEXBlackRock Exchange BlackRock16.27%
3 more rows
Mar 29, 2024

Which investment gives the highest return?

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.

Will 2024 be good for stocks?

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?

The 3 Safest Mutual Funds to Buy Now
STSEXBlackrock Exchange Portfolio$1,836.46
PRDGXT. Rowe Price Dividend Growth Fund$66.00
VWESXVanguard Long-Term Investment-Grade Fund$7.93
Jun 5, 2023

What is the best mutual fund for retirees?

Best retirement income funds
  • 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).

Which mutual fund gives the highest return in 1 year?

What are large cap mutual funds?
Large Cap funds1-year-return (%)
Quant Large Cap Fund56.31
Bank of India Bluechip Fund49.09
JM Large Cap Fund47.09
Nippon India Large Cap Fund46.42
4 more rows
Apr 8, 2024

What if I invest $1,000 in mutual funds for 10 years?

(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.

What is the SIP of $50,000 per month for 5 years?

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.

How many years is good for mutual funds?

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.

What investment is 100% safe?

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.

Should a 70 year old be in the stock market?

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.

How to get 10% return on investment?

Investments That Can Potentially Return 10% or More
  1. Stocks.
  2. Real Estate.
  3. Private Credit.
  4. Junk Bonds.
  5. Index Funds.
  6. Buying a Business.
  7. High-End Art or Other Collectables.
Sep 17, 2023

Which mutual fund gives 20 percent return?

What are ELSS funds?
ELSS Funds3-year-returns (%) (regular)
JM ELSS Tax Saver Fund22.40
Kotak ELSS Tax Saver Fund21.11
Motilal Oswal ELSS Tax Saver Fund25.21
Nippon India ELSS Tax Saver Fund21.96
8 more rows
5 days ago

Which mutual fund has the least risk?

Overview of the Best Low Risk Mutual Funds
  • 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.
Mar 7, 2024

Which mutual funds give 30% return?

5 smallcap funds offer over 30% SIP returns in three years
  • 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.
2 days ago

How to pick a mutual fund?

Here are six steps to pick a mutual fund:
  1. Set your goals.
  2. Consider passive vs. active funds.
  3. Review types of mutual funds.
  4. Hone in on specific funds.
  5. Review the fund's prospectus.
  6. Look at costs and fees.
Nov 29, 2023

Where should I keep my money to get the highest rate of return?

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.

What is the best ETF for 2024?

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.

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