Mid cap funds gave maximum returns over an investment horizon of 3-month, 6-months and 1-year period. Large cap funds gave minimum returns over an investment horizon of 1 month, 3 months, 6 months, 1 year, 3 years, 5 years and 10 years, according to ICRA Analytics.
In the debt mutual fund category, long-duration funds gave maximum returns over an investment horizon of 1 month, 3 months, 6 months and 1 year. Credit risk funds gave maximum returns over an investment horizon of 3 years. Corporate Bond Fund and Gilt Fund with 10-year Constant Duration gave maximum returns over an investment horizon of 5-years and 10-years respectively
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
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In the hybrid category, balanced hybrid fund/aggressive hybrid fund offered the highest return of 12.89% in the 10 year horizon, followed by multi asset allocation fund which gave 12.53% return in the same time period.In the three year horizon, multi asset allocation offered the highest return of around 16.19%.
There are around two sub-categories in solution oriented mutual fund categories — retirement fund and children's fund. Children's funds have offered the highest return of around 12.29% in the 10 year horizon followed by retirement funds which gave 11.64% return.
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