What is Mutual Fund?: This is a professionally managed trust in which investment is pooled from retail investors. The accumulated amount is invested in different financial instruments like shares, securities etc. As the income is earned on these instruments, it is shared proportionally among investors. Mutual Fund is considered a very good investment option due to its very low charge structure.
Here are the top ten mutual funds in India. While selecting the mutual funds i have taken into consideration certain aspects like reputation of the fund house, asset under management in that scheme, Scheme existence period to check the past performances and off course the fund managers reputation and liquidity of the fund.
|Fund Name||Fund Categroy||3 Months Return||6Months Return||1 Year Return|
|Franklin India Bluchip||Large Cap||5.38||9.14||10.71|
|DSP Black Rock Top 100 Equity Reg||Large Cap||4.04||7.82||11.61|
|UTI Dividend Yield||Large & Mid Cap||4.59||10.98||11.86|
|ICICI Prudential Dynamic||Large & Mid Cap||5.64||9.22||11.26|
|Reliance Equities Opportunities||Mid & Small Cap||10.15||13.93||12.4|