Which cap fund is best for long term?
The following table shows the top large cap funds as per the past 3-year and 5-year returns:
| Mutual fund | 5 Yr. Returns | 3 Yr. Returns |
|---|---|---|
| Invesco India Largecap Fund – Direct Plan – Growth | 18.33\% | 20.05\% |
| BNP PARIBAS LARGE CAP FUND DIRECT PLAN GROWTH | 18.75\% | 19.9\% |
| Axis Bluechip Fund | 20.4\% | 19.3\% |
| Kotak Bluechip Fund | 16.75\% | 19.18\% |
Which mutual fund is best for next 20 years?
Following are the funds that you may consider investing through SIPs keeping the long term horizon in mind.
- UTI Nifty Index Fund (20\%)
- Mirae Asset Large Cap Fund (20\%)
- Canara Robeco Blue Chip Fund (20\%)
- Parag Parikh Flexi Cap Fund (15\%)
- UTI Flexi Cap Fund (15\%)
Which large cap fund is best for 2021?
Best Performing Large Cap Equity Mutual Funds to Invest 2021
| Fund Name | 3 Year Returns |
|---|---|
| Axis Bluechip Fund | 13.50\% |
| Mirae Asset Large Cap Fund | 11.20\% |
| Kotak Bluechip Fund | 11.30\% |
| ICICI Prudential Bluechip Fund | 9.20\% |
Which is the best mutual fund for 10 years?
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.
Is ELSS better than equity mutual funds?
The results clearly show that ELSS as a category has performed much better than Equity Mutual Funds, that too the average returns in the category seem to be higher. Why ELSS Over Equity Mutual Funds? Normal equity funds do not have a lock-in, though there is an exit load.
Why ELSS funds are better than other section 80C instruments?
Hence, being invested in equities, ELSS funds have the potential to generate higher returns other Section 80C instruments like Public Provident Fund (PPF), National Savings Certificate (NSC) and tax saving bank fixed deposits over the long term.
Are ELSS mutual funds liable for tax deductions?
Investments upto INR 1,50,000 in ELSS Mutual Funds are liable for tax deductions from the income, as per Section 80C of the Income Tax Act. Though ELSS is a type of Equity Funds, it offers various unique features that make it different from the usual equity funds.
What is the difference between mid-cap and small-cap funds?
However, mid- and small-cap funds have higher return potential but they are highly volatile in nature. During phases of market downturn net asset value (NAV) ofthese funds tend to fall more than large cap funds. Multi cap and flexi cap funds on the other hand can invest across segements.