In this blog, we delve into the world of mutual funds in India, focusing on those that have consistently performed well over the last five years. Navigating the investment landscape can be daunting, so we aim to shed light on options that have demonstrated resilience and profitability.
Best Performing Mutual Funds in Last 5 Years
| S.No. | Fund Name | Fund Type | Investment Focus | Risk Level |
| 1 | Axis Bluechip Fund Direct-Growth | Equity | Large Cap Stocks | Moderately High |
| 2 | Canara Robeco BlueChip Equity Fund Direct-Growth | Equity | Large Cap Stocks | Moderately High |
| 3 | PGIM India Mid-Cap Opportunities Fund Direct-Growth | Equity | Mid Cap Stocks | High |
| 4 | Axis Mid-Cap Direct-Plan-Growth | Equity | Mid Cap Stocks | High |
| 5 | Nippon India Small Cap Fund Growth | Equity | Small Cap Stocks | High |
| 6 | SBI Small Cap Fund Direct-Growth | Equity | Small Cap Stocks | High |
| 7 | Parag Parikh Flexi-Cap Fund Direct-Growth | Equity | Multi-Cap (Large, Mid, Small Cap Stocks) | High |
| 8 | PGIM India Flexi-Cap Fund Direct-Growth | Equity | Multi-Cap (Large, Mid, Small Cap Stocks) | High |
| 9 | Quant Tax Plan-Growth | Equity (ELSS) | Diverse Equity Investments | Moderately High |
| 10 | Mirae Asset Tax Saver Fund Direct-Growth | Equity (ELSS) | Diverse Equity Investments | Moderately High |
Factors to Consider Before Investing in the Best Performing Mutual Funds in the Last 5 Years
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Different Mutual Funds Have Different Risks and Returns
Remember, different types of mutual funds carry different levels of risk and can give different returns. It’s not easy to measure how risky they are because not all mutual funds are the same.
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Pick What’s Best for You!
Start by figuring out what you want from your investments and how much risk you can handle.
If you’re looking to make money over a long time (more than a year), put your money in a mutual fund that holds onto investments for a while. If you prefer getting money more often, go for short-term options.
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Category vs. Fund: Think It Through
People often invest in funds that are popular or highly rated online. But it’s more important to find a type that suits you. Once you know the type, then you can pick the specific funds.
Pay attention to how stable the fund is, how much return it makes each year, how much it costs, and talk to a financial advisor.
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Look for Steady Performers
Check how the mutual fund has done over time, not just recently. Look at its track record over 1-5 years to see if it’s reliable or if it goes up and down a lot.
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Don’t overdo investing!
Putting your money in different places can lower risk, but don’t overdo it. Spreading too thin won’t help you earn more.
If you’re new to investing, start simple. If you rush, you might end up with similar funds that don’t help you make more money.
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Returns Can Change from Year to Year
When people talk about how much a mutual fund makes, they usually give a yearly average. But that doesn’t mean it makes the same amount every year. Some years might be great, others not so much, and sometimes it might not make anything. Be ready for that.
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Direct Plans Might Be a Better Deal
Direct plans usually cost less than regular ones because there’s no middleman like an agent or broker to pay. So, more of your money goes into the investment, which can mean more profits for you.
Best Performing Mutual Funds in India Over the Past Five Years Performance
Axis Bluechip Fund Direct-Growth
- This is an equity mutual fund by Axis Mutual Fund.
- The aim is long-term money growth.
- It invests mainly in stocks of large companies.
- Canara Robeco offers this equity mutual fund.
- It seeks to increase money value over time.
- Investment is in big companies, focusing on the top 150.
PGIM India Mid-Cap Opportunities Fund Direct-Growth
- Offered by PGIM India, this is an equity fund.
- The goal is to grow money over the long term.
- It mostly invests in stocks of medium-sized companies.
Axis Mid-Cap Direct-Plan-Growth
- This equity fund is provided by Axis Mutual Fund.
- It aims for long-term growth of money.
- Investment is mainly in medium-sized company stocks.
Nippon India Small Cap Fund Growth
- Nippon India offers this equity mutual fund.
- The aim is long-term money growth.
- It invests mainly in small company stocks.
SBI Small Cap Fund Direct-Growth
- SBI Mutual Fund provides this equity fund.
- It focuses on long-term growth in money value.
- Investments are mainly in a variety of small company stocks.
Parag Parikh Flexi-Cap Fund Direct-Growth
- This is an equity mutual fund by PPFAS.
- The aim is long-term growth of money.
- Investments are in a mix of stocks and related items.
PGIM India Flexi-Cap Fund Direct-Growth
- PGIM India offers this equity mutual fund.
- The goal is to make money and grow investments.
- It invests in a range of stocks, including derivatives.
Quant Tax Plan-Growth
- This is an equity mutual fund by Quant Mutual Fund.
- The aim is to grow money over time.
- Investments are mostly in stocks with growth potential.
Mirae Asset Tax Saver Fund Direct-Growth
- Mirae Asset offers this equity mutual fund.
- The aim is long-term money growth.
- It invests mainly in stocks and related instruments.
Conclusion
We just looked at the top 10 Best Performing Mutual Funds from the last 5 years. In summary, mutual funds are Best Performing Mutual Funds great for people who want to invest in stocks or commodities. But, don’t just look at the profits. Stocks, bonds, and gold are different types of investments. Chasing profits might lead you to pick something that doesn’t really fit what you need. It’s important to think about what you want from your investments. For any queries, contact the Vakilsearch experts.
