Question: Which Type Of Mutual Fund Is Best?

What is Blue Chip Fund?

A Blue chip fund is a term used to indicate well-established and financially sound companies.

Blue chip funds invest in stocks of those companies that have a credible track record with sound financials along with regular dividend payments and profitability over the years..

How do I choose a mutual fund?

Top Tips for Picking a Winning Mutual FundStart With Your Goals and Risk Tolerance. … Pay Attention to the Expense Ratio—It Can Make or Break You! … Avoid Mutual Funds With High Turnover Ratios. … Look for an Experienced, Disciplined Management Team. … Find a Philosophy That Agrees With Your Own. … Buy No-Load Mutual Funds.More items…

How safe are mutual funds?

In a nutshell, mutual funds are safe. Investors should not be worried about short-term fluctuations in the returns while investing in them. You should choose the right mutual fund, which is sync with your investment goal and invest with a long-term horizon.

Which mutual fund is best for 2020?

Scheme namePercentage (%)SBI Magnum Multicap – G50ICICI Prudential Bluechip Fund – G50Motilal Oswal Multicap 35 Fund – G30Axis Bluechip Fund- G209 more rows•Aug 19, 2020

What are the top 5 mutual funds?

Large-Company Stock Funds – 5 yearsFUND NAMESYMBOL5-YR RETURNMorgan Stanley Multi Cap Growth ACPOAX26.67%Morgan Stanley Instl Growth Portfolio AMSEGX23.68RidgeWorth Aggressive Growth Stock ASAGAX23.49Transamerica Capital Growth AIALAX23.16 more rows

Which is the highest return mutual fund?

Top 10 High Risk Mutual FundsFund NameCategory1Y ReturnsAditya Birla Sun Life India GenNext FundEquity-0.4%BOI AXA Manufacturing & Infrastructure FundEquity10.5%ICICI Prudential Technology FundEquity35.6%UTI Transportation and Logistics FundEquity-0.6%7 more rows

What is the safest mutual fund investment?

Money market mutual funds = lowest returns, lowest risk These are fixed-income mutual funds that invest in top-quality, short-term debt. They are considered one of the safest investments you can make.

What are the 3 types of mutual funds?

Mutual funds are generally placed into one of four primary categories: equity, fixed income, money market, or hybrid (balanced). Equity funds are stocks or equivalents, while fixed income mutual funds are government treasuries or corporate bonds.

Which is the best bank for mutual fund?

SBI Bluechip Fund.Aditya Birla Sun Life Tax Relief 96.SBI Small Cap Fund.ICICI Prudential Bluechip Fund.Canara Robeco Bluechip Equity Fund.Kotak Emerging Equity Fund.Mirae Asset Tax Saver Fund.Tata India Tax Savings Fund.More items…

Is Axis Bluechip fund good?

The Axis Bluechip Fund Direct Plan Growth is rated Moderately High risk….1. Risk-adjusted returns are lower compared to the category.Fund NameReturns 3YAxis Bluechip Fund5star10.0%HSBC Large Cap Equity Fund4star3.4%ICICI Prudential Bluechip Equity Fund4star3.9%2 more rows

Which mutual fund gives highest return?

Here’s a look at five such schemes:Axis Bluechip Fund. 5-year SIP returns: 15.57% … AXIS Focused 25 Fund. 5-year SIP returns: 15.25% … IIFL Focused Equity Fund. 5-year SIP returns: 14.71% … SBI Focused Equity Fund. 5-year SIP returns: 13.69% … Mirae Asset Emerging Bluechip Fund. 5-year SIP returns: 15.40%