In the financial landscape of 2024, mutual funds will play a crucial role in investment portfolios. This article delves into the performance and details of the top 5 mutual fund schemes that stand out in the current market. Let’s explore the key features of each fund to help you make informed investment decisions.
Fund Highlights
Quant Infrastructure Fund Direct-Growth
- Performance: 41.33% annualized returns in the last three years, 32.43% in the last 5 years.
- Category: Equity (Quant Mutual Funds).
- Minimum Investment: ₹5,000 (lump sum), ₹1,000 (SIP).
Kotak Infrastructure and Economic Reform Fund Direct-Growth
- Performance: 36.91% annualized returns in the last three years, 23.94% in the last 5 years.
- Category: Equity (Kotak Mahindra Mutual Funds).
- Minimum Investment: ₹100 (lump sum), ₹100 (SIP).
Motilal Oswal Midcap Fund Direct-Growth
- Performance: 36.26% annualized returns in the last three years, 26.29% in the last 5 years.
- Category: Equity (Motilal Oswal Mutual Funds).
- Minimum Investment: ₹500 (lump sum), ₹500 (SIP).
Quant Mid Cap Fund Direct-Growth
- Performance: 35.62% annualized returns in the last three years, 29.7% in the last 5 years.
- Category: Equity (Quant Mutual Funds).
- Minimum Investment: ₹5,000 (lump sum), ₹1,000 (SIP).
Quant Tax Plan Direct-Growth
- Performance: 34.96% annualized returns in the last three years, 30.25% in the last 5 years.
- Category: Equity (Quant Mutual Funds).
- Minimum Investment: ₹500 (lump sum), ₹500 (SIP).
Conclusion
As we navigate through the top 5 mutual funds of 2024, it’s evident that each fund offers unique advantages. Investors should carefully consider their financial goals, risk tolerance, and investment horizons before making decisions. The provided information serves as a guide to help you choose the best mutual funds aligned with your investment strategy. Happy investing!