Which mutual fund has the best returns in 2024?
The Motilal Oswal ELSS Tax Saver Fund-Reg(G) was the top performer in the ELSS Funds category with 47.7% returns, followed by HSBC ELSS Tax Saver Fund-Reg(G) and HSBC Tax Saver Equity Fund(G) with returns of 33.0% and 32.9%, respectively.
The Motilal Oswal ELSS Tax Saver Fund-Reg(G) was the top performer in the ELSS Funds category with 47.7% returns, followed by HSBC ELSS Tax Saver Fund-Reg(G) and HSBC Tax Saver Equity Fund(G) with returns of 33.0% and 32.9%, respectively.
- Morgan Stanley US Growth. Introduced in 1992, the Morgan Stanley US Growth fund has been acclaimed as the top fund of 2024 due to its remarkable performance. ...
- Jupiter India Select Fund. ...
- JOHCM UK Equity Income Fund.
Bitcoin and Gold Outperform in 2024
In just 11 months, the iShares Bitcoin Trust ETF raked in $50 billion in inflows, the fastest rate on record. Since 2015, bitcoin has consistently outperformed major asset classes, with the exception of 2022 and 2018.
Growth in AUM
The mutual fund industry AUM crossed Rs 68 lakh crore in 2024 (in November 2024). In December 2023, the AUM was Rs 50.78 lakh crore, which means the AUM has grown by 34% in this period. By the end of December 2024, the AUM is projected to cross Rs 69 lakh crore easily.
- Parag Parikh Flexi Cap Fund - Direct Growth.
- Quant Large and Mid Cap Fund - Direct Growth.
- Quant Active Fund - Direct Growth.
- Edelweiss Large & Mid Cap Fund - Direct Growth.
- Kotak Equity Opportunities Fund - Direct Growth.
- Invesco India Focused Fund. 1.45. ...
- Motilal Oswal Large & Midcap Fund. 1.44. ...
- Invesco India Midcap Fund. 1.44. ...
- LIC MF Small Cap Fund. 1.41. ...
- HSBC Large & Mid Cap Fund. 1.41. ...
- Edelweiss Mid Cap Fund. 1.41. ...
- HSBC Midcap Fund. 1.4. ...
- Invesco India Large & Mid Cap Fund. 1.4. 40.15.
Bonds overall have not had a great year, but stocks have, and our multi-asset indexes are looking really strong for 2024. And I think stock bond diversification doesn't always work. The correlations between assets are always in flux, always moving around. But I think it's a perfectly sensible way to invest.
- Nippon India Small Cap Fund. EQUITY Small Cap. ...
- Edelweiss Mid Cap Fund. EQUITY Mid Cap. ...
- Nippon India Growth Fund. EQUITY Mid Cap. ...
- Invesco India Mid Cap Fund. EQUITY Mid Cap. ...
- HDFC Small Cap Fund. ...
- Kotak Emerging Equity Fund. ...
- Axis Small Cap Fund. ...
- DSP Small Cap Fund.
| 2024 Rank | 2023 Rank | Fund Family |
|---|---|---|
| 1 | 39 | Lord Abbett |
| 2 | 11 | Sit Investment Associates |
| 3 | 2 | Fidelity Investments |
| 4 | 3 | PGIM Investments |
What is the rate of return on mutual funds in 2024?
Indeed, while the entire mutual fund universe — which amounts to more than 22,000 total funds and individual share classes — had an average total return for 2024 around 10%, according to Morningstar Direct data, the high performers went well beyond that.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | BLS Internat. | 422.35 |
| 2. | RHI Magnesita | 469.70 |
| 3. | Kirl. Ferrous | 496.90 |
| 4. | Varun Beverages | 531.10 |
- Fidelity Index World Fund.
- Fidelity Cash Fund.
- Royal London Short Term Money Market Fund.
- Legal & General Cash Trust.
- Fidelity Global Dividend Fund.
- Fidelity Index US Fund.
- Rathbone Global Opportunities Fund.
- Vanguard LifeStrategy 80% Equity Fund.
| Fund Name | Category | Risk |
|---|---|---|
| SBI Healthcare Opportunities Fund | Equity | Very High |
| Motilal Oswal ELSS Tax Saver Fund | Equity | Very High |
| Parag Parikh Tax Saver Fund | Equity | Moderately High |
| ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund | Equity | Very High |
Description: The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in 2024. Advanced economies are expected to see an especially pronounced growth slowdown, from 2.7 percent in 2022 to 1.3 percent in 2023.
| Symbol | 1-Year Return | |
|---|---|---|
| 1 | EGIIX | +17.77% |
| 2 | BPTRX | +32.73% |
| 3 | BPTIX | +33.08% |
| 4 | INPSX | +40.06% |
- SBI PSU Fund. ...
- Motilal Oswal Midcap Fund. ...
- LIC MF Infra Fund. ...
- ICICI Prudential Infrastructure Fund. ...
- Invesco India PSU Equity Fund. ...
- HDFC Infrastructure Fund. ...
- DSP India T.I.G.E.R Fund. ...
- Nippon India Power & Infra Fund.
To answer the question of how to double my money quickly, simply invest in a portfolio of investment options like ULIPs, mutual funds, stocks, real estate, corporate bonds, Gold ETFs, National Savings Certificate, and tax-free bonds, to name a few.
| Symbol | Name | YTD Return |
|---|---|---|
| MSMFX | Morgan Stanley Inst Discovery C | +1.83% |
| BGGKX | Baillie Gifford U.S. Equity Growth Fund | +2.33% |
| BGGSX | Baillie Gifford US Equity Growth I | +2.31% |
| ZVNIX | Advisor Managed Portfolios - Zevenbergen Growth Fund | -4.74% |
- HSBC Balanced Advantage Fund. ...
- Kotak Debt Hybrid Fund. ...
- Bandhan Balanced Advantage Fund. ...
- ICICI Prudential Regular Savings Fund. ...
- Franklin India Debt Hybrid Fund. ...
- Baroda BNP Paribas Conservative Hybrid Fund. ...
- Motilal Oswal Balance Advantage Fund.
Will mutual funds go down in 2024?
The short answer, according to market experts, is a resounding no. In fact, experts from the industry indicate that despite the market turbulence, mutual funds have demonstrated resilience. December 2024 saw equity mutual funds attract inflows of Rs 41,155 crore, which marks a 14% increase from November.
- ICICI Prudential BHARAT 22 FOF Direct Growth. ...
- HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option. ...
- HDFC Focused 30 Fund -Direct Plan - Growth Option. ...
- Nippon India Growth Fund - Direct Plan - Growth. ...
- Motilal Oswal Large and Midcap Fund Direct Growth. ...
- Kotak Multicap Fund Direct Growth.
- Fidelity Cash Fund.
- Fidelity Index World Fund.
- Royal London Short Term Money Market Fund.
- Legal & General Global Technology Index Trust.
- Fidelity Index US Fund.
- Fidelity Global Technology Fund.
- Legal & General Cash Trust.
- High-yield savings accounts.
- Certificates of deposit.
- U.S. Treasury bonds.
- Treasury inflation-protected securities.
- Investment-grade corporate bonds.
- Municipal bonds.
- Fixed annuities.
- Stocks.
- Real Estate.
- Private Credit.
- Junk Bonds.
- Index Funds.
- Buying a Business.
- High-End Art or Other Collectables.
