Funds become mutual funds when an asset management company pools investment from various individuals and institutions to purchase securities. For this purpose assets management company have a fund manager who manages all this process and tries to provide the best return to its investors. Under this post, we will try to explain to you the Best Mutual Funds to Invest in 2021 India For Long Term.
Best Mutual Funds to Invest in 2021 India For Long Term
There are a lot of funds in mutual funds industries, which are categorized into 5 different categories which are as follow-
- Large Cap Fund
- Multi-Cap Fund
- Mid Cap Fund
- Small Cap Fund
Out of the above, it is difficult for the investors to make a selection of the Best Mutual fund. In 2020, the coronavirus pandemic crash the market, but after that for the last 1 year, Mutual Funds give a return of 74% (approx.).
According to the experts, the best place to invest in the long term is equity and if the investment is being made in mutual funds, then that should be done in equity mutual funds via SIP. So here is the categories wise list of Best Mutual Funds to Invest in 2021 India For Long Term.
Top Mutual Funds for SIP in India 2021
Considering the various benefits of the Systematic Investment Plan (SIP) it is better to invest in mutual funds via SIP.
1. Best Large Cap Fund in India for SIP 2021
After re-classification made by SEBI, almost all the large-cap fund invested their money in some specified companies due to which the return of these funds almost remains the same. The below list is on the basis of the past performance of these funds.
| Equity Fund | Scheme Size (Cr.) | Min SIP (Rs.) | 3 Yr (%) | 5 Yr (%) |
|---|---|---|---|---|
| Canara Robeco Bluechip Equity Fund DP (G) | 2476.82 | 1000 | 18.55 | 18.01 |
| Axis Bluechip Fund DP (G) | 25183.24 | 500 | 16.73 | 17.59 |
| BNP Paribas Large CAP Fund DP (G) | 1029.84 | 300 | 15.68 | 14.55 |
Tip- Considering the performance and fee of large-cap fund it is better to invest in an index fund because the return of index fund remains changed in the fixed ratio of Sensex and/or nifty and the fee charged for indexed fund remain nominal as compared to other large fund categories.
Also Read- Know the Best Pharma Mutual Funds to Invest in 2021
2. Best Multi-Cap Fund in India for SIP 2021
These types of mutual funds primarily invest in stocks selected from all the listed stocks in the Indian Market (BSE/NSE). Investors who are looking to invest money for at least 3-4 years can invest in multi-cap funds.
| Equity Fund | Scheme Size (Cr.) | Min SIP (Rs.) | 3 Yr (%) | 5 Yr (%) |
|---|---|---|---|---|
| Parag Parikh Flexi Cap Fund DP (G) | 9178.85 | 1000 | 21.65 | 20.15 |
| IIFL Focused Equity Fund DP (G) | 1675.38 | 1000 | 21.49 | 20.06 |
| PGIM India Flexi Cap Fund DP (G) | 929.29 | 1000 | 22.02 | 19.99 |
Also Read- Monsoon Stocks: Best Rainy Season Stocks to Buy in India
3. Best Mid Cap Fund in India for SIP 2021
These types of mutual funds are suitable for long-term investments. They have higher growth potentials than large-cap companies and are less risky than small-cap companies.
| Equity Fund | Scheme Size (Cr.) | Min SIP (Rs.) | 3 Yr (%) | 5 Yr (%) |
|---|---|---|---|---|
| PGIM India Midcap Opportunities Fund DP (G) | 1324.96 | 1000 | 22.78 | 20.32 |
| Axis Midcap Fund DP (G) | 10898.59 | 500 | 20.00 | 20.25 |
| Kotak Emerging Equity Fund DP (G) | 11430.03 | 1000 | 17.21 | 18.78 |
Also Read- 10 Best Pharma Company Stocks To Invest in India 2021
4. Best Small Cap Fund in India for SIP 2021
Small-cap mutual funds invest at least 65% of their total assets in small-cap companies. Small-cap companies are emerging businesses that have an aggressive expansion strategy being more volatile and vulnerable to market movements.
| Equity Fund | Scheme Size (Cr.) | Min SIP (Rs.) | 3 Yr (%) | 5 Yr (%) |
|---|---|---|---|---|
| SBI Small Cap Fund DP (G) | 7918.95 | 500 | 18.85 | 23.52 |
| Nippon India Small Cap Fund DP (G) | 11961.08 | 100 | 16.72 | 22.12 |
| Axis Small Cap Fund DP (G) | 4853.73 | 500 | 23.05 | 21.08 |
Also Read- 10 Best 5G Stocks to Buy In India which may become Multibaggers in this decade
How to Invest in Mutual Funds?
After getting knowledge about “Best Mutual Funds to Invest in 2021 India For Long Term”, it is necessary to know how to make an investment in mutual funds.
To make an investment in mutual funds, you can choose the offline or online mode as well. Making an offline investment in mutual funds makes a lot of paperwork. To avoid paperwork, it is better to make an investment online for which you can choose Upstox.
Upstox is a platform, where you can invest online through its web or app. There is no paperwork and all the procedure is online with e-KYC facilities.
Here is the link to Upstox, through which you can invest online in more than 2000 mutual funds. You can choose the best mutual fund of your choice and study all the detailed analyses.
Frequently Asked Questions- FAQs
-
Which is the best mutual funds to invest in 2021
List of Best Mutual Funds to Invest in 2021 India for long Term
Canara Robeco Bluechip Equity Fund DP (G)
Axis Bluechip Fund DP (G)
Quant Active Fund DP (G)
Principal Multi Cap Growth Fund DP (G)
Invesco India Multi Cap Fund DP (G)
Axis Midcap Fund DP (G)
Kotak Emerging Equity Fund DP (G)
PGIM India Midcap Opportunities Fund DP (G)
SBI Small Cap Fund DP (G)
Nippon India Small Cap Fund DP (G)
Kotak Small Cap Fund DP (G) -
Which Mutual Funds is best for long term in India?
Here is the List of Best Mutual Funds to Invest in 2021 India for long Term-
Canara Robeco Bluechip Equity Fund DP (G)
Axis Bluechip Fund DP (G)
Quant Active Fund DP (G)
Principal Multi Cap Growth Fund DP (G)
Invesco India Multi Cap Fund DP (G)
Axis Midcap Fund DP (G)
Kotak Emerging Equity Fund DP (G)
PGIM India Midcap Opportunities Fund DP (G)
SBI Small Cap Fund DP (G)
Nippon India Small Cap Fund DP (G)
Kotak Small Cap Fund DP (G)
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Disclaimer: The information contained in the above article are solely for informational purpose after exercising due care. However, it does not constitute professional advice or a formal recommendation. The author does not own any responsibility for any loss or damage caused to any person, directly or indirectly, for any action taken on the basis of the above article.
Mutual Funds Investments are subject to market risk, read all scheme related documents carefully.
Feedback/Suggestion- Hope you all find the Best Mutual Funds to Invest in 2021, please give your valuable feedback & let us know if there is an error. Thanks in Advance