Mutual Fund Investment: Nowadays people like to invest heavily in mutual funds. It is generally believed that mutual funds give good and quick returns. We are telling you about some such mutual funds, which have doubled the money of investors in just a few years.
Large cap funds are such mutual funds that usually invest in the shares of big companies. Funds of this category have given a great return of 19 percent in the last 5 years.
Multi-cap mutual funds are those mutual funds that invest in all types of funds such as large cap, mid-cap and small cap. In these, the portfolio is changed according to the market cap. Up to 25 percent CAGR (Compound Annual Growth Rate) has been seen in this category.
Flexi cap funds invest in many different sectors. Such funds have given excellent compound returns of up to 21 percent in the last 5 years.
Contra funds invest on the basis of contrarian moves. Hence, they are considered risky mutual funds. Such funds are capable of giving higher returns. In the last five years, these funds have given a return of 27 percent.
Multi asset allocation fund is a type of hybrid fund which invests 10% in different asset classes. Under this category, investment is made in gold or real estate along with equity and debt. These funds have given a return of 19.2% in the last 5 years.
The information provided here is for information purposes only. It is important to note here that investing in mutual funds is subject to market risks. Always seek expert advice before investing as an investor. ABPLive.com never recommends anyone to invest money here.
Published at : 24 Sep 2024 08:09 PM (IST)
