Mutual Funds: Best Mutual Funds to invest in 2023, Mutual funds review and News | ET Mutual Funds Analysis (2024)

FAQs

Which mutual fund is best to invest in 2023? ›

These include JM Value Fund, Nippon India Value Fund and Aditya Birla Sun Life Pure Value Fund and Axis Value Fund. Some multi cap mutual funds gave returns as high as 38-40 percent which include HDFC Multi Cap Fund, Kotak Multicap Fund, ITI Multi Cap Fund and Nippon India Multi Cap Fund.

Among 2023′s best-performing funds: Baron Fifth Avenue Growth BFTIX, up 57.9%, and Fidelity Blue Chip Growth ETF FBCG, up 57.2%.

Motilal Oswal ELSS Tax Saver Fund, an ELSS fund, gave 30.49% return in the same period. Two small caps - Tata Small Cap Fund and Bank of India Small Cap Fund - offered 30.44% and 30.33% returns respectively in last six months.

​Two from JM Mutual Fund

Two schemes from JM Mutual Fund — JM Value Fund and JM Flexicap Fund — gave an XIRR of 40.80% and 40.58%, respectively, in the last three years. A monthly SIP of Rs 10,000 in these two schemes would have been Rs 6.31 lakh and Rs 6.29 lakh, respectively.

Mutual funds and ETFs may hold stocks, bonds, or commodities. Both can track indexes, but ETFs tend to be more cost-effective and liquid since they trade on exchanges like shares of stock. Mutual funds can offer active management and greater regulatory oversight at a higher cost and only allow transactions once daily.

To choose mutual funds, analyze factors like volatility, beta, and fund manager performance. Selecting funds that align with your risk tolerance is crucial, especially in volatile markets, where managing risk effectively helps protect and grow your capital.

What is the most aggressive mutual fund? ›

Synopsis. Seven equity mutual funds yielded over 20% returns in five years based on daily rolling analysis. Of 187 funds with five-year track records, top performers were small-cap-focused. Bank of India Small Cap Fund led with a 31.22% return, followed by Edelweiss Small Cap Fund at 28.69%.

Investing Rs 1,000 per month should not be a big deal for anyone to save their future. Now, if you invest Rs 1,000 in an MF SIP and get a 12 per cent return, you can become a crorepati at the age of 60. At a 12 per cent rate of return, a Rs 1,000 SIP may earn you Rs 1,14,00,000.

With rates for short-term products nearing or even reaching 6% in 2023, investors took the opportunity to shift toward lower-risk options compared to long-term funds. Two other mutual fund categories saw positive inflows: responsible investment funds and alternative funds (liquid alts).

1. Multi Cap Mutual Funds: With a category average return of over 25% CAGR over the last 5 years, this category seems to be the most promising. 2. Flexi Cap Funds: Flexi cap funds can invest in stocks across market caps and in any proportion.