Mutual Funds Best Performer in CY2024 : Mutual fund investors have also made a lot of money in the stock market rally. In the first 6 months of this year, there are many such mutual fund schemes which have given 35 percent to 55 percent returns to the investors. While Sensex and Nifty have given 10 percent and 11 percent returns so far in 2024, investors in different segments of equity mutual funds have got double or triple returns in comparison. Due to being linked to equity, there is scope for high returns in it. Another facility in this is that if you do not want to invest lump sum money, then you can invest on a monthly basis through systematic investment plan. Due to security as compared to investing directly in stocks and the facility of investing in small amounts on a monthly basis, the popularity of equity mutual funds is increasing in investment options in today’s era. Stock Market vs Mutual Funds……
This scheme will give 12 lakh rupees interest on maturity, SCSS scheme is great for your parents, also provides facility of regular income
Performance of Sensex, Nifty and other indexes (6 months)
In the first 6 months of this year, the Sensex has gained about 10 percent or 7129.71 points. Nifty has shown a strength of 11 percent or 2376.8 points during this period. During this period, the BSE Midcap Index has gained 26.35 percent while the BSE Smallcap Index has given a return of about 24 percent. Bank Nifty has grown 8.81 percent during this period while the broader market i.e. BSE 500 has gained 16.62 percent. The IT index has gained about 5 percent. The BSE PSU index has gained 36 percent.
Mutual Funds: How has each segment performed (6 months)
Equity Largecap : 17.48%
Equity Large & Midcap : 20.65%
Equity Flexi Cap : 17.56%
Equity Multicap : 20.34%
Equity Midcap : 20.40%
Equity Value Oriented : 20.14%
Equity ELSS : 17.83%
Equity Thematic -PSU : 35.12%
Equity Sectoral Banking : 11.77%
Equity Sectoral Infrastructure : 32.66%
Equity Thematic : 21.75%
Equity Thematic Energy : 21.24%
Extend NPS by 5 years, monthly pension will increase by more than 50%, old age will be spent comfortably
Funds with highest returns in 6 months
HDFC Defence Fund : 55%
Bandhan Infrastructure Fund: 47%
LIC MF Infrastructure Fund: 44%
Invesco India PSU Equity Fund: 41.86%
CPSE ETF : 41.57%
Canara Robeco Infrastructure Fund: 40.05%
Invesco India Infrastructure Fund: 39.02%
Axis India Manufacturing Fund: 37.32%
Quant Momentum Fund: 37.26%
Tata Infrastructure Fund: 36%
(Source: Value Research)
Are you ready to deposit 1 lakh every year in Sukanya Yojana, how much interest will you get on maturity
Safe and high return option
Investing in mutual funds is a safer option than investing directly in the stock market. For investors who do not want to take the risk of investing directly in the stock market but want higher returns, mutual funds are a better scheme. It is also a better option in terms of returns. The return of some mutual fund schemes is like that of high-returning shares in the stock market. Investment in mutual funds is done under the supervision of a skilled fund manager. He does thorough research and selects stocks from different sectors for the portfolio. The portfolio gets diversification through investment in mutual funds.
On retirement, you need 1.5 crore fund and more than 1 lakh pension, how much investment will be required in pension scheme NPS
The longer the investment, the greater the profit
Investment in mutual funds promotes long-term investment. Financial advisors recommend running SIP for at least 7 to 10 years. If your goal is big and you have time for it, you can continue SIP for 10 to 15 years. In this, your portfolio is taken care of by the fund manager, so you do not have to check your portfolio repeatedly like in the stock market. The return on investment in equity mutual funds comes under the tax purview just like the stock market.