Which mutual fund is best for 5 years? (2024)

Which mutual fund is best for 5 years?

For long term investments, consider equity funds as they offer the potential for the best returns. Choosing a growth mutual fund option can help you achieve your long-term goals as your returns will grow through compounding over time.

Which mutual fund has given highest return in last 5 years?

Highest Return Mutual Funds in Last 5 Years
Fund Name3 Years Return5 Years Return
Quant Infrastructure Fund (G)40.4%35.4%
Quant ELSS Tax Saver fund (G)30.1%31.6%
Quant Mid Cap Fund (G)34.0%30.7%
Quant Flexi Cap Fund (G)31.9%30.3%
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What are the top 5 performing mutual funds?

Below are some of the best mutual funds, with performance data as of March 29, 2024.
  • Victory Nasdaq-100 Index (USNQX)
  • Shelton Nasdaq-100 Index Investor (NASDX)
  • Fidelity Large Cap Growth Index (FSPGX)
  • Schwab U.S. Large-Cap Growth Index (SWLGX)
  • AB Large Cap Growth Advisor (APGYX)
  • T.

Which type of mutual fund is best for long term?

For long term investments, consider equity funds as they offer the potential for the best returns. Choosing a growth mutual fund option can help you achieve your long-term goals as your returns will grow through compounding over time.

What is a good investment return over 5 years?

5-year, 10-year, 20-year and 30-year S&P 500 returns
Period (start-of-year to end-of-2023)Average annual S&P 500 return
5 years (2019-2023)15.36%
10 years (2014-2023)11.02%
15 years (2009-2023)12.63%
20 years (2004-2023)9.00%
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Mar 5, 2024

Which stock is best for 5 years investment?

Best long-term stocks in India (Large-cap)
Best large-cap stocksSub-Sector5Y Avg Return on Equity (%)
Varun Beverages LtdSoft Drinks18.42
Cholamandalam Investment and Finance Company LtdConsumer Finance18.68
Titan Company LtdPrecious Metals, Jewellery & Watches23.76
Bajaj Finance LtdConsumer Finance19.28
Feb 29, 2024

What if I invest $1,000 in mutual funds for 10 years?

(You must convert the rate of return to the monthly figure through dividing by 12). You also have n = 10 years or 120 months. FV = Rs 1,84,170. So, the future value of a SIP investment of Rs 1,000 per month for 10 years at an estimated rate of return of 8% is Rs 1,84,170.

What is the highest paying mutual fund?

7 Best High-Dividend Mutual Funds
FundExpense Ratio30-day SEC Yield
JPMorgan Equity Premium Income Fund (JEPAX)0.85%6%
Fidelity Floating Rate High Income Fund (FFRHX)0.72%8.8%
Baird Intermediate Bond Fund (BIMSX)0.55%4.2%
PGIM High Yield Fund (PBHAX)0.75%7.2%
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Mar 22, 2024

Which mutual fund is giving best return?

Here are 5 mutual fund schemes with highest 3-year returns along with their expense ratios: Quant Small Cap Fund(G) tops the chart with over 39% returns followed by Quant Mid Cap Fund(G), Nippon India Small Cap Fund(G), Quant Flexi Cap Fund(G) and Motilal Oswal Midcap Fund-Reg(G) in the same pecking order.

What is the safest mutual fund?

BlackRock Exchange Portfolio (STSEX)

Easily one of the top-rated examples of the safest mutual funds, the BlackRock Exchange Portfolio (MUTF:STSEX) seeks long-term growth of capital and consequent long-term growth of income, per its prospectus.

What is the safest investment with the highest return?

Here are the best low-risk investments in April 2024:
  • High-yield savings accounts.
  • Money market funds.
  • Short-term certificates of deposit.
  • Series I savings bonds.
  • Treasury bills, notes, bonds and TIPS.
  • Corporate bonds.
  • Dividend-paying stocks.
  • Preferred stocks.
Apr 1, 2024

Which mutual fund is best to invest in 2024?

Best Banking & PSU funds to invest in April 2024:
  • Bandhan Banking & PSU Debt Fund.
  • Axis Banking & PSU Debt Fund.
  • Aditya Birla Sun Life Banking & PSU Debt Fund.
  • DSP Banking & PSU Debt Fund.
  • Kotak Banking & PSU Debt Fund.
3 days ago

Which is better for long term stock or mutual fund?

Mutual funds or stocks—which one offers more security? Mutual funds typically offer more security compared to individual stocks because they spread investments across various assets, reducing the impact of market fluctuations. However, the level of security depends on the specific mutual fund or stock chosen.

Which mutual fund gives highest return for short term?

Frequently Asked Questions
Fund NameFund Category5 Year Return (Annualized)
Bank of India Short Term Income FundDebt3.97 % p.a.
HDFC Short Term Debt FundDebt7.33 % p.a.
Nippon India Short-term FundDebt7.33 % p.a.
Mirae Asset Short Duration FundDebt6.72 % p.a.
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Can I become a millionaire in 5 years by investing?

Let's say you want to become a millionaire in five years. If you're starting from scratch, online millionaire calculators (which return a variety of results given the same inputs) estimate that you'll need to save anywhere from $13,000 to $15,500 a month and invest it wisely enough to earn an average of 10% a year.

How much money do I need to invest to make $1000 a month?

To make $1,000 per month on T-bills, you would need to invest $240,000 at a 5% rate. This is a solid return — and probably one of the safest investments available today. But do you have $240,000 sitting around? That's the hard part.

What return do you need to double your money in 5 years?

One can also use this to compute the returns a portfolio should generate to double money in a given time period. If you want to double it in five years, the portfolio should be invested such that it yields 72/5=14.4%.

What is the most profitable stock in 5 years?

Best Performing Stocks Over the Last 5 Years
TickerCompany Name
1CELHCelsius Holdings
2SMCISuper Micro Computer
3NVDANvidia
4ELFe.l.f. Beauty
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Apr 1, 2024

What is the safest investment right now?

  • Treasury Inflation-Protected Securities (TIPS) ...
  • Fixed Annuities. ...
  • High-Yield Savings Accounts. ...
  • Certificates of Deposit (CDs) Risk level: Very low. ...
  • Money Market Mutual Funds. Risk level: Low. ...
  • Investment-Grade Corporate Bonds. Risk level: Moderate. ...
  • Preferred Stocks. Risk Level: Moderate. ...
  • Dividend Aristocrats. Risk level: Moderate.
Mar 21, 2024

Where can I get 10 percent return on investment?

Investments That Can Potentially Return 10% or More
  • Stocks.
  • Real Estate.
  • Private Credit.
  • Junk Bonds.
  • Index Funds.
  • Buying a Business.
  • High-End Art or Other Collectables.
Sep 17, 2023

How long should you keep money in a mutual fund?

Typically, the ideal holding period for an equity mutual fund is considered anywhere between a minimum of 3-5 years. But data shows that only investments in 3% of the units continued for more than 5 years.

How many years is good for mutual funds?

Long Term Investment in Mutual Fund

Long term investments are usually for a period of more than three years. The top choices for long term investments are equity mutual funds and hybrid funds. These long term funds offer higher growth when compared to debt mutual funds and traditional investments.

Which mutual fund has 12 percent return?

The large cap mutual funds that have delivered healthy CAGR returns of more than 12 percent per annum in the past five years include Nippon India Large Cap Fund, Canara Robeco Bluechip Equity Fund, ICICI Prudential Bluechip Fund, Baroda BNP Paribas Large Cap Fund, SBI Bluechip Fund and HDFC Top 100 Fund.

Do mutual funds pay monthly?

Mutual funds that receive dividends from their investments are required by law to pass them to their shareholders. 7 The exact manner they choose to do so can differ. Mutual funds typically distribute dividends on a regular schedule, which can be monthly, quarterly, semiannually, or annually.

What is the most popular mutual fund?

Most Popular
  • #1. BNY Mellon Corporate Bond Fund BYMMX.
  • #2. Miller Intermediate Bond Fund MIFIX.
  • #3. Calvert Income Fund CFICX.

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