Which mutual fund is best for 5 years? (2024)

Which mutual fund is best for 5 years?

PSU cap funds have offered an average return of 27.02% in five years. CPSE ETF, the topper in the category, gave more than 27.61%. Invesco India PSU Equity Fund gave 27.49%. SBI PSU Fund gave 25.49% during the same time period.

Which mutual fund gives highest return in 5 years?

PSU cap funds have offered an average return of 27.02% in five years. CPSE ETF, the topper in the category, gave more than 27.61%. Invesco India PSU Equity Fund gave 27.49%. SBI PSU Fund gave 25.49% during the same time period.

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

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.

How much return can I expect from mutual funds in 5 years?

Returns from Short Term Debt Funds - Low Risk
Scheme Name1 Year5 Years
Aditya Birla SL Short Term Fund (G)7.00%7.84%
UTI Banking & PSU Debt Fund - Reg (G)6.00%5.79%
HDFC Short Term Opportunities Fund (G)7.07%7.54%
Axis Banking & PSU Debt Fund (G)6.27%7.42%

What is the best mutual fund to buy right now?

9 Best Mutual Funds to Buy Now
Mutual FundAssetsMinimum Investment
Vanguard 500 Index Fund Admiral Shares (VFIAX)$457 billion$3,000
American Funds Growth Fund of America (AGTHX)$252 billion$250
Fidelity Select Technology Portfolio (FSPTX)$13 billionNone
JPMorgan Equity Premium Income Fund (JEPAX)$6 billion$1,000
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Feb 14, 2024

Which mutual fund gives 20 percent return?

The top-performing flexi cap mutual funds include Quant Flexi Cap, JM Flexicap and Parag Parikh Flexi Cap Fund, which have given more than 20% annualised returns in the past five years.

Which mutual fund is safe and highest return?

  • ICICI Prudential Infrastructure Direct-Growth. ...
  • SBI PSU Direct Plan-Growth. ...
  • ICICI Prudential BHARAT 22 FOF Direct - Growth. ...
  • HDFC Infrastructure Direct Plan-Growth. ...
  • Quant Mid Cap Fund Direct-Growth. ...
  • Invesco India PSU Equity Fund Direct-Growth. ...
  • Nippon India Power & Infra Fund Direct-Growth.

How much is $500 a month invested for 10 years?

Here's how a $500 monthly investment could turn into $1 million
Years InvestedBalance At the End of the Period
Dec 17, 2023

How much will $10,000 invested be worth in 10 years?

If you invest $10,000 today at 10% interest, how much will you have in 10 years? Summary: The future value of the investment of $10000 after 10 years at 10% will be $ 25940.

How much should I invest a month to become a millionaire in 10 years?

Now, let's consider how our calculations change if the time horizon is 10 years. If you are starting from scratch, you will need to invest about $4,757 at the end of every month for 10 years. Suppose you already have $100,000. Then you will only need $3,390 at the end of every month to become a millionaire in 10 years.

How long should you keep money in a mutual fund?

Mutual funds have sales charges, and that can take a big bite out of your return in the short run. To mitigate the impact of these charges, an investment horizon of at least five years is ideal.

How long should I leave my money in a mutual fund?

But I would say at least once in six months, look at your portfolio to see what is happening with the different funds because if you are looking for underperformers, you want to at least track them for a 24-month period before you make up your mind on whether to keep it or to drop it.

Can a mutual fund go to zero?

The chances of a mutual fund becoming zero are very low. This is because a mutual fund invests in several assets. So, even if a few assets do not perform well, other assets can generate returns. This can balance the losses of non-performing assets.

What is the safest mutual fund?

Money market mutual funds = lowest returns, lowest risk

They are considered one of the safest investments you can make. Money market funds are used by investors who want to protect their retirement savings but still earn some interest — often between 1% and 3% a year.

What month is best to buy mutual funds?

There is no particular right time to invest in SIP. However, it is always advisable to start as early as possible. Mutual funds generate better returns in the long run. The longer you stay invested the more returns you can earn through capital appreciation and dividends.

Which mutual fund pays highest?

  • ICICI Prudential Dividend Yield Equity Fund. #2 of 6. ...
  • Templeton India Equity Income Fund. #1 of 6. ...
  • Aditya Birla Sun Life Dividend Yield Fund. #6 of 6. ...
  • Sundaram Dividend Yield Fund. #3 of 6. ...
  • UTI Dividend Yield Fund. #4 of 6. ...
  • HDFC Dividend Yield Fund. Unranked. ...
  • SBI Dividend Yield Fund. Unranked. ...
  • Tata Dividend Yield Fund. Unranked.

What if I invest $1,000 a month in mutual funds for 20 years?

If you were to stay invested for a shorter duration, say 20 years, you'd invest Rs 2,40,000, but your portfolio value would be Rs 9.89 lakh. A decade-long investment of Rs 1,000 per month would equal Rs. 2,30,038, as compared to Rs. 1,20,000 invested over the same period.

What if I invest 3 000 a month in SIP for 5 years?

What if I invest Rs. 3,000 a month in SIP for 5 years? If you invest Rs. 3,000 per month through SIP for 5 years, assuming 12% return. The estimate total returns will be Rs. 67,459 and the estimate future value of your investment will be Rs. 2,47,459.

Which fund has the highest 10 year return?

Best Performing ETFs Over the Last 10 Years
Ticker10-Year Performance
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5 days ago

Can I withdraw money from mutual fund anytime?

Mutual funds are liquid assets, and as long as you invest in open-end schemes, be they equity or debt, it's easy to withdraw your investments at any time. Moreover, there are no restrictions.

Which funds to invest in 2024?

Top 10 best-selling ISA funds on Fidelity Personal Investing in 2024
  • Fidelity Index World Fund.
  • Fidelity Cash Fund.
  • Legal & General Global Technology Index Trust.
  • Fidelity Index US Fund.
  • Fidelity Global Technology Fund.
  • Jupiter India Fund.
  • Legal & General Global Equity Index.
  • Fundsmith Equity Fund.
Feb 29, 2024

Which bank gives highest return on mutual funds?

Frequently Asked Questions
Fund NameFund Category5 Year Return (Annualized)
Tata Banking and Financial Services FundEquity14.65 % p.a.
Invesco India Financial Services FundEquity15.29 % p.a.
ICICI Prudential Banking and Financial Services FundEquity11.7 % p.a.
Nippon India Banking & Financial Services FundEquity13.64 % p.a.
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How much will $10,000 be worth in 20 years?

The table below shows the present value (PV) of $10,000 in 20 years for interest rates from 2% to 30%. As you will see, the future value of $10,000 over 20 years can range from $14,859.47 to $1,900,496.38.

How much money do I need to invest to make $3000 a month?

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.

How many years it will take you to double your money if you invest $500 at an interest rate of 8% per year?

For example, if an investment scheme promises an 8% annual compounded rate of return, it will take approximately nine years (72 / 8 = 9) to double the invested money.


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