Mutual Fund is an instrument of investing money. Nowadays, bank rates are goes down and the position of the stock market is not very stable. Therefore, neither keeping large amounts of money in bank nor the money investing in the stock market is an good option because as in real terms the value of money decreases over a period of time.
Both having the risk at all. So I think this is the reason why mutual funds come into existence. A mutual fund is a group of investors operating through a fund manager to purchase a diverse portfolio of stocks or bonds. Mutual funds are highly cost efficient and very easy to invest in. By pooling money together in a mutual fund, investors can purchase stocks or bonds with much lower trading costs than if they tried to do it on their own.
List of the top mutual fund performers : Equity : Diversified:
Returns on the basis of 3 months
- Canara Robeco Large cap+
- ICICI prudential dynamic Inst l
- ICICI prudential dynamic
- FT India life stageFoF 20s
- UTI MNC
- Magnum Emerging Businessmen
- Edelweiss Nifty Enhancer plan A
- ICICI pru Advisor Agressive
- Reliance Natural Resource Retail
- ICICI pru Focused Bluechp equity Inst l
Returns on the basis of one year:
- Escort High Yield Equity
- Canara Robeco F.O.R.C.E Inst
- Canara Robeco F.O.R.C.E.Inst
- HDFC equity
- Quantum Long Term Equity
- HDFC Long Term Equity
- Birla Sun Life MNC
- Birla Sun Life dividend Yield plus
- ING Dividend yield
- ICICI Pru focused Bluechp Equity Inst
Returns on the basis of three years:
- ICICI Prudential Discovery Inst l
- ICICI Prudential Discovery
- Birla Sun Life Dividend Yield Plus
- Birla Sun Life MNC
- ING Dividend Yield
- HDFC Equity
- UTI Dividend Yield
- UTI MNC
- Quantum Long Term Equity
- HDFC Top 200
List of the top mutual fund performers : Equity : Tax Planning
RETURNS THREE MONTH
- Franklin India Taxshleid
- Axis Tax Saver
- Canara Rotieco Equity Tax Saver
- Fidelity Tax Advantage
- Siria Sun Life Tax Pian
- Tala Tax Saving
- Franklin India index Tax
- Quantum Tax Saving
- Edelweiss ELSS
- JP Morgan India Tax Advantage
RETURNS ONE YEAR
- Fidelity Tax Advantage
- Quantum Tax Saving
- ING Tax Savings
- Axis Tax Saver
- HDFC LT Advantage
- Franklin India Taxshield
- HDFC Tax saver
- Canara Robeco Equity Tax Saver
- Sahara Tax Gain
- JP Morgan India Tax Advantage
RETURNS THREE YEAR
- Canara Robeco Equity Tax Saver
- HDFC Taxsaver
- Fidelity Tax Advantage
- ICICI Prudential Tax Plan
- Taurus Tax Shield
- Reliance Tax Saver
- Sahara TaxGain
- Franklin India Taxshield
- HDFC LT Advantage 12.24Religare Tax Plan
Via Telegraph Kolkata