Question: Which Mutual Fund Gives Highest Return?

Which SIP is best for 5 years?

Best SIP Plans for 5 Years in Equity FundsAxis Bluechip Fund Monthly SIP Plan.

This is an open-ended equity scheme with a track record of outperformance.

ICICI Prudential Blue chip Fund.

SBI Blue chip Fund.

Mirae Asset Large Cap Fund.

SBI Multicap Fund..

Is Debt Fund better than FD?

Banks offer a pre-set interest rate for fixed deposits based on the tenure chosen. Debt fund returns, to a great extent, depends on the overall interest rate movement….3. Debt Mutual Funds vs Fixed Deposits.ParticularsDebt FundsFixed DepositsDividend OptionYesNoRiskLow to ModerateLowLiquidityHighLow4 more rows•Jan 5, 2021

How can I earn lakhs in a month?

Here are some quick tips for youYou can earn money online if you have a passion to learn something new like (Content Writing, Blogging, Designing, and Video Graphic, etc..You can also earn money by writing profitable blogs but it will take you easily 6-8 months to start earning from your blogs.

Is it good to start SIP now?

Clearly, the market top is a better time to start a SIP because you know that with each lower level in the market, you would be accumulating units at lower levels. By the time the market completes the fall, you would have managed to accumulate your SIP at attractive levels.

Is SIP better or lump sum?

The answer to this question depends on the stock market conditions. During upward trends, the lump sum mode of mutual fund investment tends to give relatively higher returns whereas during falling markets, investments made via a SIP generally provides better returns than a lump sum investment.

How can I become Crorepati in 5 years?

wise tips while you are planning to save income tax.Invest in PPF. … Invest in ELSS Tax Saving Mutual funds. … Invest in NPS which can give additional Rs 50K income tax benefit. … Add your contribution to Voluntary Provident Fund which gives you tax benefit + PF interest of approx 8.5%.More items…

What are the top 5 mutual funds?

Top 5 Biggest Mutual FundsVanguard Total Stock Market Index Fund Admiral Shares (VTSAX)Fidelity 500 Index Fund (FXAIX)Vanguard Institutional Index Mutual Fund (VINIX)Fidelity Government Cash Reserves (FDRXX)Vanguard Federal Money Market Fund (VMFXX)

What is Blue Chip Fund?

A blue-chip mutual fund is the one that invests in blue-chip stocks or shares, i.e. in well-established companies with excellent overall financial performance. In this article, we will learn more about blue-chip funds, how they work and much more. Origin of Blue Chip.

Which SIP is best for 20 years?

PGIM India Global Agribusiness Offshore Fund.ICICI Prudential Technology Fund.Franklin India Feeder – Franklin U S Opportunities Fund.Aditya Birla Sun Life Digital India Fund.TATA Digital India Fund.SBI Banking & Financial Services Fund.Mirae Asset Tax Saver Fund.Mirae Asset Emerging Bluechip Fund.More items…•

Which mutual fund gives highest return in India?

Top 10 Large Cap Equity FundsFund Name1-Year Returns3-Year ReturnsAxis Bluechip Dir25.5420.47Sundaram Select Focus Dir20.2815.65Canara Robeco Bluechip Eqt Dir24.0815.45HDFC Index Sensex Dir15.9414.496 more rows

Which SIP gives highest return?

6. Best SIP Equity Funds India 2021Fund Name5-Year ReturnsLinkMirae Asset Large Cap Fund Regular Growth8.37%Invest NowAxis Blue Chip Fund8.81%Invest NowICICI Prudential Bluechip Fund Growth6.07%Invest NowSBI Bluechip Fund Regular Growth5.29%Invest Now1 more row•Jan 4, 2021

Can I double my money in 5 years?

Similarly, if you want to double your money in five years, your investments will need to grow at around 14.4% per year (72/5). If your goal is to double your invested sum in 10 years, you should invest in a manner to earn around 7% every year. Rule of 72 provides an approximate idea and assumes one time investment.

Is SIP safe now?

SIP is a very safe method to invest in mutual funds. If you invest in a mutual fund lump sum, depending on the market condition, you could end up paying a very high price for a mutual fund. … You do not need to worry about timing the market when investing via SIP. In SIP, you invest a small amount of money every month.

Is it a good time to invest in mutual funds 2020?

Mutual funds have the potential to generate higher returns than the market through the active management of the portfolio by fund managers. … Unlike stocks, there is no need to time the market when investing in mutual funds; which means, there is no good or bad time to start investing.

Which type of mutual fund gives highest return?

Here is the list of top 10 schemes:ICICI Prudential Equity & Debt Fund.Mirae Asset Hybrid Equity Fund.Axis Bluechip Fund.ICICI Prudential Bluechip Fund.L&T Midcap Fund.DSP Midcap Fund.L&T Emerging Businesses Fund.HDFC Small Cap Fund.More items…•

How can I earn 50 lakhs in 5 years?

How Can You make Rs. 50 lakh in 5 years?1.HDFC Small Cap Fund.2.L&T Emerging Businesses Fund.Parag Parikh Long Term Equity Fund.Mirae Asset India Equity Fund.The Moderate Investor.1.Invesco India Contra Fund.Axis Focused 25 Fund.3.Principal Focused Multicap Growth Fund.More items…•

What is the most successful mutual fund?

Here are the best Large Growth fundsZevenbergen Growth Fund.Fidelity® Flex Large Cap Growth Fund.Fidelity® Blue Chip Growth K6 Fund.Zevenbergen Genea Fund.Fidelity® Trend Fund.T. Rowe Price Lrg Cp Gr.Franklin DynaTech Fund.

Does money double every 7 years?

At 10%, you could double your initial investment every seven years (72 divided by 10). In a less-risky investment such as bonds, which have averaged a return of about 5% to 6% over the same time period, you could expect to double your money in about 12 years (72 divided by 6).