These mutual funds are best for investing on Dhanteras
On the occasion of Diwali, people invest in gold and silver. But, you can also plan to invest in mutual funds on this special occasion, because many funds are giving very good returns at this time.
Invest on Dhanteras: On the occasion of Diwali, people invest in gold and silver. But, you can also plan to invest in mutual funds on this special occasion, because many funds are giving very good returns at this time. In the last one year, some large and mid cap funds have given returns of up to 29.22%. If you want to invest for three to four years, then you can get good returns by investing in these funds. Let us know which funds are getting good returns at this time.
HDFC Mid-Cap Opportunities Fund
Among mid-cap funds, HDFC Mid-Cap Opportunity Fund is a good option at this time. The fund has 93.21% investments, of which 52.58% is in mid-cap stocks, 5.57% in large cap stocks and 18.09% in small cap stocks. If you want good returns by investing for 3-4 years then this is best suited for you. Even in one year's investment, this fund has given about 46% return.
Also Read: Know how you can convert SIP of Rs 1000 into Rs 19 lakh
Nippon India Small Cap Fund
Nippon India Small Cap is the best performing small cap fund currently. There is some risk in this fund but the returns are quite good. It has 96.42% investment in equities of which 55.41% is in small cap stocks. The fund holds 9.86% shares in midcap stocks and 5.83% in large caps. In this fund investments are made in small companies. Therefore, these funds lose more when stock prices fall.
hdfc flexi cap
HDFC Flexi Cap is also a flexicap fund, which is 88.67% invested in domestic equities, with 62.54% in large caps. Only about 6.2% of its holdings are in midcaps and 3.65% in smallcaps. This is a good fund to generate returns for five years, although it also has high risk. You can invest in it for one year, three years, five years or ten years.
ICICI Prudential Equity and Debt Fund
ICICI Prudential Equity and Debt Fund is also offering good investment opportunities on this occasion. The fund invests 71.65% in equities of which 53.74% is in large caps, 8.07% in midcaps and a small share in small caps. About 17.92% of the fund is invested in debt, the majority of which is in government securities.
ICICI Prudential Corporate Bond
ICICI Prudential Corporate Bond Fund is a debt oriented fund with 94.29% invested in debt. Of this, 71.85% is in low risk securities and the rest in government bonds. This fund is best for investors looking for stable returns over the long term.
So, this time on the occasion of Diwali you can invest in these mutual funds.
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