Top 3 Mutual Funds in India

Mutual funds are a popular investment choice in India, offering options for different financial goals and risk levels. Choosing the best among the thousands of available funds can be challenging, especially if you’re looking for top performers. Here’s a quick look at the top three mutual funds for 2024, catering to investors with a high-risk appetite and a long-term investment horizon.

1. ICICI Prudential Infrastructure Direct-Growth

• Performance: Strong returns over the last decade, with a net annual return of 11.91% for five-year holding periods.

• Expense Ratio: 1.24%

• AUM: Rs. 6,424 Cr

• Risk: Very High

• 1-Year Returns: 55.24%

2. DSP India T.I.G.E.R.

• Performance: Leading returns among infrastructure funds with a history of over 10% annual growth.

• Expense Ratio: 0.84%

• AUM: Rs. 5,646 Cr

• Risk: Very High

• 1-Year Returns: 60.29%

3. Invesco India PSU Equity Fund Direct

• Performance: Top among thematic-PSU funds, delivering consistent growth for investors.

• Expense Ratio: 0.76%

• AUM: Rs. 1,436 Cr

• Risk: Very High

• 1-Year Returns: 65.89%

Conclusion

These funds—ICICI Prudential Infrastructure Direct-Growth, DSP India T.I.G.E.R., and Invesco India PSU Equity Fund Direct—are high-performing, high-risk mutual funds suitable for long-term investors with strong risk tolerance. Assess your financial goals and risk capacity before investing in any mutual fund.