Which mutual fund is best for lumpsum?
Table of Contents
Which mutual fund is best for lumpsum?
What Are the Best Mutual Funds for Lumpsum Investment?
| Fund Name | Fund Category | 5 Year Returns |
|---|---|---|
| Quant Tax Plan | ELSS | 23.92\% |
| PGIM India Flexicap Fund | Flexi-cap Funds | 20.62\% |
| Mirae Asset Emerging Bluechip Fund | Large and Midcap Funds | 21.74\% |
| PGIM India Midcap Opportunities Fund | Midcap Funds | 21.42\% |
What is the minimum lumpsum amount in mutual fund?
Since lump sum means a single investment, the minimum amount that most mutual funds require is Rs. 5,000. However, after the initial lump sum investment,usually you can make subsequent investments in multiples of Rs. 1,000 in the same scheme.
Should you invest lump sum amount in mutual funds?
One can invest lump sum amount either in fixed Income or Equity Funds depending on their risk-appetite, investment tenure, and investment objective. Though most of the individuals prefer investing in Mutual Funds via SIP yet, there are some advantages of lump sum investing. So, let us understand the benefits of lump sum investing in Mutual Funds.
What are mutmutual funds in India?
Mutual funds in India allow lumpsum and SIP (Systematic Investment Plan) investments. With the lumpsum investment, one invests a significant amount of money in any mutual fund scheme of their choice.
What is the difference between lumpsum investment and SIP?
A one-time investment in a particular mutual fund scheme is called a lumpsum investment. However, a SIP is a way of investing that allows an investor to invest a fixed amount of money in mutual fund schemes at regular intervals. What is More Advantageous- Lumpsum or SIP?
What are the best mutual funds to invest in India?
1. International FOF- Now, these funds are giving huge returns like Edelweiss Greater China Eq. off-shore fund, PGIM India Global EQ. Fund, etc. 2. ETF Funds- At present, these funds are very much popular like Nippon India IT ETF (NETFIT) etc. So, please include these funds to analyse. Hi Pradip, I am very new Mutual Funds.