Top Recommended Schemes

Scheme NameNAVReturn In %
3 Years5 YearsSince Inception
Axis Bluechip Fund-Reg(G)₹ 33.2918.47%10.83%12.61%
Canara Rob Bluechip Equity Fund-Reg(G)₹ 28.1513.84%9.30%11.51%
Edelweiss Large Cap Fund(G)₹ 38.3612.17%7.81%13.32%
Axis Midcap Fund-Reg(G)₹ 42.0016.86%10.72%17.28%
Invesco India Midcap Fund(G)₹ 53.9411.11%9.47%14.02%
Scheme NameNAVReturn In %
3 Years5 YearsSince Inception
Axis Long Term Equity Fund-Reg(G)₹ 51.6316.19%11.01%17.57%
BOI AXA Tax Advantage Fund-Reg(G)₹ 59.4013.35%8.94%17.61%
Canara Rob Equity Tax Saver Fund-Reg(G)₹ 72.7414.07%8.78%19.23%
DSP Tax Saver Fund-Reg(G)₹ 52.3010.14%10.11%13.47%
Invesco India Tax Plan(G)₹ 56.0012.49%9.45%14.00%
Scheme NameNAVReturn In %
3 Years5 YearsSince Inception
Aditya Birla SL Balanced Advantage Fund(G)₹ 55.746.12%7.93%9.05%
Canara Rob Equity Hybrid Fund-Reg(G)₹ 174.6911.40%9.32%11.15%
DSP Equity & Bond Fund-Reg(G)₹ 172.2310.56%9.91%14.71%
HDFC Balanced Advantage Fund(G)₹ 196.548.77%7.64%16.55%
HDFC Hybrid Equity Fund(G)(Adjusted)₹ 55.047.77%7.84%15.25%

What Are Mutual Funds?

A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. Mutual funds are operated by professional money managers, who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.

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Benefits of Mutual Funds

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  • Dividend Reinvestment Dividend can be used to purchase additional shares in the fund.
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