Investing in mutual funds has various advantages that help investors in growing their money. It assists in the achievement of short, mid, and long-term investment goals. Investor can invest in a variety of funds, ranging from low risk to high-risk funds.
Based on their equity exposure, mutual funds are divided into three categories: Equity funds, Debt funds and Hybrid/balanced funds. Mutual fund NAVs fluctuate daily, based on the performance of the underlying assets.
Top best Equity funds
| Mutual Fund |
5 Yr. Returns |
3 Yr. Returns |
Min. Investment |
| ICICI Prudential Technology Fund – Direct Plan – Growth |
35.05% |
42.59% |
₹5000 |
| Tata Digital India Fund DIRECT Plan Growth |
35.52% |
41.48% |
₹5000 |
| ICICI Prudential Technology Fund |
33.91% |
41.39% |
₹5000 |
| Aditya Birla Sun Life Digital India Fund -Growth-Direct Plan |
33.79% |
40.7% |
₹1000 |
| Aditya Birla Sun Life Digital India Fund -Growth |
32.51% |
39.27% |
— |
| Tata Digital India Fund Regular Growth |
33.25% |
39.11% |
— |
| Quant Small Cap Fund – Direct Plan Growth |
23.6% |
38.72% |
₹5000 |
| SBI Technology Opportunities Fund-Direct Plan – Growth |
30.07% |
38.35% |
₹5000 |
| PGIM India Midcap Opportunities Fund Direct Plan – Growth |
23.17% |
38.21% |
₹5000 |
| Quant Infrastructure Fund – Direct Plan – Growth |
24.14% |
38.02% |
₹5000 |
Top best Debt funds
| Mutual Fund |
5 Yr. Returns |
3 Yr. Returns |
Min. Investment |
| ICICI Prudential Multicap Fund – Dividend |
13.62% |
16.68% |
₹5000 |
| IDFC Government Securities Fund-Investment Plan-Growth-Direct Plan |
8.93% |
11.39% |
₹5000 |
| IDFC Government Securities Fund-Constant Maturity Plan-Growth-Direct |
9.73% |
11.32% |
₹5000 |
| NIPPON INDIA NIVESH LAKSHYA FUND – Direct Plan – Growth |
— |
11.21% |
₹5000 |
| IDFC Government Securities Fund-Constant Maturity Regular-Growth |
9.61% |
11.18% |
— |
| ICICI Prudential Constant Maturity Gilt Fund – Direct Plan – Growth |
8.84% |
11.17% |
₹5000 |
| DSP Government Securities Fund – Direct Plan – Growth |
8.59% |
11.08% |
₹500 |
| Edelweiss Government Securities Fund – Direct Plan – Growth |
8.6% |
11.04% |
₹5000 |
| ICICI Prudential Constant Maturity Gilt Fund |
8.65% |
10.96% |
₹5000 |
| NIPPON INDIA NIVESH LAKSHYA FUND – Regular Plan – Growth |
— |
10.86% |
— |
Top best Hybrid funds
| Mutual Fund |
5 Yr. Returns |
3 Yr. Returns |
Min. Investment |
| Quant Absolute Fund – Direct Plan-Growth |
20.65% |
30.06% |
₹5000 |
| Quant Multi Asset Fund – Direct Plan-Growth |
18.57% |
29.52% |
₹5000 |
| Quant Absolute Fund Growth |
19.94% |
29.03% |
— |
| Quant Multi Asset Fund Growth |
18.24% |
28.91% |
— |
| ICICI Prudential Pharma Healthcare and Diagnostics (P H D) Fund Direct Plan Growth |
— |
27.65% |
₹5000 |
| ICICI Prudential Thematic Advantage Fund (FOF) -Direct Plan – Growth |
18.23% |
24.1% |
₹5000 |
| HDFC Retirement Savings Fund -Equity Plan – Direct Plan-Growth |
18.92% |
23.94% |
₹5000 |
| BOI AXA Mid & Small Cap Equity & Debt Fund – Direct Plan – Growth |
17.75% |
23.84% |
₹5000 |
| ICICI Prudential Thematic Advantage Fund (FOF) – Growth |
17.88% |
23.64% |
— |
| BOI AXA Mid & Small Cap Equity & Debt Fund – Regular Growth |
16.77% |
22.75% |
— |