Best Mutual Funds to invest in 2024: Top-performing large, mid, small, multi, flexi-cap funds in one year. Check here
Best Mutual Funds to invest in 2024: What are the best mutual funds in India right now? Well, determining the top or the best mutual funds to invest in depends on various factors such as your investment goals, risk tolerance, investment horizon, and personal preferences. However, some types of mutual equity funds have outperformed their benchmark index in one year.
Equity mutual funds that have outperformed their benchmark index are those whose returns have surpassed the benchmark index's performance against which they are measured. This means these funds have generated higher returns for their investors than the overall market or a specific index they aim to track.
In this article, we have summarised the best mutual funds by picking the top performers from each of the categories (large, mid, small, large mid-cap, flexi, and multi-cap, to suit the risk appetite and investment goals of most of the investors. In the large-cap category, Quant Large Cap delivered a return of 55.05%, while Bank of India Bluechip Fund provided a return of 47.38%.
The Quant Large Cap and Mid Cap fund delivered a return of 64.41% for investors looking for exposure to both large and mid-cap stocks. Quant Large cap- 55.05% Bank of India Bluechip fund- 47.38% Quant Large cap and Mid cap- 64.41% In the mid-cap segment, several funds have performed well.
Quant Mid Cap Fund stood out with a return of 72.27%, followed by JM Midcap Fund at 70.98%, ITI Midcap Fund at 69.42%, Mahindra Manulife Midcap Fund at 65.58%, and Motilal Oswal Midcap Fund at 62.61%. Quant Mid Cap Fund- 72.27% JM Midcap Fund 70.98% ITI Midcap Fund 69.42% Mahindra Manulife Midcap Fund 65.58% Motilal Oswal Midcap Fund 62.61% For those interested in small-cap funds, Bandhan Small Cap
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