Here are some of the top-performing mutual funds in India for 2024 across different categories:
1. Large-Cap Funds
- Nippon India Large Cap Fund: 22.33% return over the past five years.
- ICICI Prudential Bluechip Fund: 21.85% return.
- Canara Robeco Bluechip Equity Fund: 20.42% return(
2. Mid-Cap Funds
- Quant Mid Cap Fund: 36.24% return.
- Motilal Oswal Midcap Fund: 32.83% return.
- Edelweiss Mid Cap Fund: 31.30% return(
3. Small-Cap Funds
- Quant Small Cap Fund: 47.87% return, one of the highest in the category.
- Bank of India Small Cap Fund: 37.65% return.
- Nippon India Small Cap Fund: 36.88% return(
4. Hybrid Funds
- ICICI Prudential Equity & Debt Fund: A balanced fund with 74% in equities and 19.71% in debt, offering a moderate risk-return profile(
- HDFC Balanced Advantage Fund: Offers a flexible mix of equity and debt, with 67.38% in equities and 27.75% in debt.
If you're looking to invest via Systematic Investment Plans (SIPs) in India, here are some of the best-performing mutual funds for SIPs in 2024 across different categories:
1. Large-Cap Funds
- Mirae Asset Large Cap Fund: Known for consistent performance with a strong track record in large-cap stocks.
- ICICI Prudential Bluechip Fund: Provides stable growth and has been a popular choice for SIPs due to its large-cap orientation(
2. Mid-Cap Funds
- Quant Mid Cap Fund: One of the best performers, with high returns over the past few years.
- PGIM India Midcap Opportunities Fund: Offers a solid mid-cap exposure and is a good choice for investors with higher risk tolerance(
3. Small-Cap Funds
- Quant Small Cap Fund: Known for its stellar returns, making it a great option for aggressive SIP investors looking for long-term growth.
- Nippon India Small Cap Fund: A popular small-cap fund with consistent long-term performance(
4. Flexi-Cap Funds
- Parag Parikh Flexi Cap Fund: Offers a diversified portfolio with both Indian and international stocks, making it a great choice for SIP investors seeking global exposure(
- Axis Flexi Cap Fund: Another popular choice due to its flexible allocation across market caps(
5. Balanced/Hybrid Funds
- HDFC Balanced Advantage Fund: Combines equity and debt, making it ideal for moderate risk investors.
- ICICI Prudential Equity & Debt Fund: A great option for those who prefer a balance of equity growth with the stability of debt investments.
