There are many mutual funds that may be suitable for investment in India in 2021. It’s important to keep in mind that past performance is not necessarily indicative of future results, and you should carefully consider your investment objectives, risk tolerance, and other personal financial factors before making any investment decisions.
Here are a few mutual funds that have performed well in the past and may be worth considering:
ICICI Prudential Bluechip Fund: This fund is an open-ended equity scheme that invests in large cap stocks. It aims to provide long-term capital appreciation by investing in a diversified portfolio of bluechip companies with a long track record of stability and growth. The fund has a moderately high risk profile and has delivered strong returns over the long term, outperforming its benchmark index.
HDFC Mid-Cap Opportunities Fund: This fund is an open-ended equity scheme that invests in mid-cap stocks. It aims to provide long-term capital appreciation by investing in a diversified portfolio of mid-cap companies with the potential to grow into large cap companies. The fund has a high risk profile and has a strong track record of delivering strong returns over the long term.
SBI Small Cap Fund: This fund is an open-ended equity scheme that invests in small cap stocks. It aims to provide long-term capital appreciation by investing in a diversified portfolio of small cap companies with the potential to grow into mid-cap and large cap companies. The fund has a very high risk profile and has a strong track record of outperforming its benchmark index.
Kotak Standard Multicap Fund: This fund is an open-ended equity scheme that invests in a diversified portfolio of stocks across different market capitalizations and sectors. It aims to provide long-term capital appreciation by investing in companies with the potential for strong growth. The fund has a moderately high-risk profile and has a strong track record of delivering strong returns over the long term.
It’s important to keep in mind that mutual funds carry their own set of risks and it is important to carefully evaluate the risks and potential rewards before making an investment. It is also a good idea to consult with a financial advisor or professional before making any investment decisions.
