Quick Answer: Which Is The Best Short Term Mutual Fund?

Which mutual fund is best for 3 years?

Parag Parikh Long Term Equity Fund.Axis Bluechip Fund.UTI Equity Fund.Canara Robeco Bluechip Equity Fund.Canara Robeco Equity Diversified.Mirae Asset Emerging Bluechip Fund.BNP Paribas Large Cap Fund.DSP BlackRock Equity Fund.More items…•.

What is Blue Chip Fund?

A Blue chip fund is a term used to indicate well-established and financially sound companies. Blue chip funds invest in stocks of those companies that have a credible track record with sound financials along with regular dividend payments and profitability over the years.

What is the minimum return in mutual fund?

There is no minimum return or a sure-shot figure when it comes to investing in stock market-related products. However, the projections for future returns is usually based on the past trends. The broader markets, such as Nifty, have delivered a compounded annual growth rate (CAGR) of around 9-10% over the past 10 years.

Which mutual fund gives highest return?

Here’s a look at five such schemes:Axis Bluechip Fund. 5-year SIP returns: 15.57% … AXIS Focused 25 Fund. 5-year SIP returns: 15.25% … IIFL Focused Equity Fund. 5-year SIP returns: 14.71% … SBI Focused Equity Fund. 5-year SIP returns: 13.69% … Mirae Asset Emerging Bluechip Fund. 5-year SIP returns: 15.40%

Which mutual fund is best for 1 year?

List of Best Mutual Fund to Invest for 1 YearFund NameNAV1 YR ReturnICICI Prudential Bluechip Fund Direct Growth46.2110.33%ICICI Prudential Equity & Debt Fund Direct Growth147.889.06%Aditya Birla Sun Life Tax Relief 96 Direct Growth33.688.18%L&T India Value Fund Direct Growth37.414.92%6 more rows•Jul 5, 2020

Which is better mutual fund or FD?

A Fixed Deposit offers pre-decided returns which do not change throughout the tenure of investments whereas Mutual Funds offer better returns on long-term investments as they are market-linked. Longer the tenure of investment, better the returns from Mutual Funds.

How can I double my money?

7 Ways to Double Your Money (Fast)Open an account with a trading service such as Robinhood or Webull, which offer free stocks for opening or funding an account or for inviting friends to join.Buy IPO stock.Flip sneakers purchased on Stockx on eBay or via the Snkrs app.Sell freelance services on the Fiverr platform.More items…•

What are the top 5 mutual funds?

Top 5 Fund Families in 2020Vanguard. Vanguard takes top honors for 2020. … BlackRock / iShares. BlackRock is best known for its iShares line of ETFs. … Fidelity. Over the years, Fidelity has been home to many of the best mutual fund managers. … T. Rowe Price. … ProShares. If you are looking for leverage, ProShares provides a variety of ETFs.

Where can I invest for 3 months?

The best short term investments options are:Savings Account.Recurring Deposit.Gold or Silver.Debt instrument.Stock Market/Derivatives.Large cap mutual fund.Treasury securities.Money market fund.More items…•

Can I invest 100 RS in mutual funds?

Minimum SIP amount can be as low as ₹ 100, so that maximum people can start investing in mutual funds. Here’s the list of top funds with minimum SIP amount of ₹ 100.

Can I invest in mutual funds for 3 months?

For a short period of 3 to 6 months, you can either park your money in liquid mutual funds or ultra short term debt mutual fund. Liquid Mutual Funds usually invest in government securities and certificate of deposits of up to 3 months duration.

Which SIP is best for 5 years?

Best SIP plans for 5 year investmentFund Name3-Year SIP Returns (%)5-Year SIP Returns (%)Kotak Emerging Equities Fund (Regular)6.54%9.73%INVESCO India Financial Services Fund (Regular)14.61%16.03%SBI Focused Equity Fund (Regular)12.40%12.94%Franklin Build India Fund (Regular)4.66%8.07%8 more rows•Jan 23, 2020

Is it good time to invest in mutual fund?

There is no right time as such when it comes to investing in mutual funds. Investments in mutual funds should be made at the earliest. Any day is the best time to invest in mutual funds. Remember, you need to invest as per your financial goals and risk tolerance.

Can we lose money in mutual funds?

There is no guarantee you will not lose money in mutual funds. In fact, in certain extreme circumstances you could end up losing all your investments. … Mutual funds are managed by fund managers who invest in a wide variety of stocks, bonds and commodities. So, it’s not that all of your mutual funds would fail.

Where can I invest my money for 3 months?

For a short period of 3 to 6 months, you can either park your money in liquid mutual funds or ultra short term debt mutual funds. Liquid mutual funds usually invest in government securities and certificate of deposits of up to 3 months duration.

Which type of mutual fund is best for short term?

4. Top 10 Short-Term Mutual FundsFund Name1-year ReturnsLinkSBI Magnum Constant Maturity Fund Regular Growth10.56%Invest NowAditya Birla Sun Life Banking & PSU Debt Fund Growth Regular Plan9.16%Invest NowHDFC Short Term Debt Growth8.70%Invest NowICICI Prudential Short Term Fund Growth8.67%Invest Now6 more rows•Oct 31, 2020

Where can I invest my money for 1 year?

Investment plan for 1 yearFixed Deposit. A bank fixed deposit (FD) is a secure preference for making an investment for a year. … Fixed Maturity Plans. A fixed maturity plan (FMP) is a close-ended debt mutual fund. … Arbitrage Mutual Fund. … Post Office Deposits. … Recurring Deposits. … Debt Funds.

What are short term mutual funds?

Short Term Mutual Funds are open-ended schemes that invest in assets that have a maturity of minimum 15 – 91 days or below, depending on the asset. This type of funds is ideal for investors who look for low-risk asset options.