How many mutual funds are available in India?
There are 44 asset management companies (AMCs) or mutual fund houses operating in India.
What are the top 10 mutual funds in India?
Top 10 Mutual Funds in India 2020
- ICICI Prudential Focused Bluechip Equity Fund.
- Aditya Birla Sun Life Small & Midcap Fund.
- Tata Equity PE Fund.
- HDFC Monthly Income Plan – MTP.
- L Tax Advantage Fund.
- SBI Nifty Index Fund.
- Kotak Corporate Bond Fund.
- Canara Robeco Gilt PGS.
Which is the No 1 mutual fund in India?
Methodology
| ELSS | Crisil Rank |
|---|---|
| Axis Long Term Equity – Direct (G) Scheme: Axis Long Term Equity – Direct (G) Performance Charts Investment Info Holdings Peer Comparison | Rank 1 |
| Axis Long Term Equity Fund (G) Scheme: Axis Long Term Equity Fund (G) Performance Charts Investment Info Holdings Peer Comparison | Rank 1 |
Which is the biggest AMC in India?
With an Average AUM of Rs 4.47 lakh crore, ICICI Prudential Mutual Fund is the second largest AMC in India. HDFC Asset Management Company (AMC) was incorporated in 1999….Top 10 AMCs (Asset Management Companies) in India – 2021.
| AMC | Average AUM (July-September, 2021) (in Rs) |
|---|---|
| Aditya Birla Sun Life Mutual Fund | 3 lakh crore |
Which fund is best for SIP?
Top Performing SIP Mutual Funds to Invest in 2022
| Fund Name | Category | 1 Year Returns |
|---|---|---|
| Mirae Asset Tax Saver Fund | Equity Linked Tax Savings Fund | 46.10% |
| Canara Robeco Equity Taxsaver fund | Equity Linked Tax Savings Fund | 47.00% |
| UTI Nifty Index Fund | Index | 36.60% |
| HDFC Index Nifty 50 fund | Index | 36.30% |
Which SIP is best for 1 year?
Best SIP Plans for the Year 2022
| Fund Name | Monthly Investment | 1 Year Returns |
|---|---|---|
| HDFC Balance Advantage Fund | 5000 | 55.65% |
| ICICI Prudential Bluechip Fund | 5000 | 59.24% |
| Kotak Standard Multicap Fund | 5000 | 48.94% |
| Motilal Oswal Focused 25 Fund | 5000 | 40.77% |
What is HDFC Monthly Income Plan?
HDFC Monthly Income Plan – LTP is a balanced debt-oriented fund that is aggressive in nature. In order to invest in this fund, investors can put in Rs. 5,000, followed by Rs. 500.
Which is better FD or mutual fund?
When FD vs mutual fund is compared, FDs are thought to be the safest investment because of assured interest and principal on maturity. Though FDs are thought to be risk-free investments, investors should know that the liquidity and safety of FD depends on the financial solvency of the bank/ financial institutions.