There are as many as 44 AMFI (Association of Mutual Funds in India) registered fund houses in India which together offer more than 2,500 mutual fund schemes. The wide array of funds often make it a little difficult for investors to choose the best scheme for them.
How many mutual funds are there in India?
There are 44 asset management companies (AMCs) or mutual fund houses operating in India. These companies manage the investments of investors to fetch them optimal returns.
How many total mutual funds are there?
In 2020, there were 7,636 mutual funds in the United States.
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Number of mutual funds in the United States from 1997 to 2020.
| Characteristic | Number of mutual funds |
|---|---|
| 2019 | 7,943 |
| 2018 | 8,093 |
| 2017 | 7,965 |
| 2016 | 8,073 |
Which is the No 1 mutual fund in India?
Top 10 Large Cap Equity Funds
| Fund Name | 1-Year Returns | 3-Year Returns |
|---|---|---|
| Tata Index Sensex Dir | 15.84 | 14.45 |
| Nippon India Index Sensex Dir | 15.76 | 14.38 |
| BNP Paribas Large Cap Dir | 23.86 | 14.17 |
| Edelweiss Large Cap Dir | 17.85 | 13.96 |
How many mutual funds are there in India 2021?
There are around 170 passive schemes in India. SBI ETF Nifty 50 fund is India’s largest fund with AUM of Rs 1,18,703 crore as of November 2021.
What are the 3 types of mutual funds?
Let’s take a look at the various types of equity and debt mutual funds available in India:
- Equity or growth schemes. These are one of the most popular mutual fund schemes. …
- Money market funds or liquid funds: …
- Fixed income or debt mutual funds: …
- Balanced funds: …
- Hybrid / Monthly Income Plans (MIP): …
- Gilt funds:
What are the 4 types of mutual funds?
Most mutual funds fall into one of four main categories – money market funds, bond funds, stock funds, and target date funds. Each type has different features, risks, and rewards.
Is mutual fund Safe?
Mutual funds are a safe investment if you understand them. Investors should not be worried about the short-term fluctuation in returns while investing in equity funds. You should choose the right mutual fund, which is in sync with your investment goals and invest with a long-term horizon.
Which is the best mutual fund?
The table below shows the best equity funds:
| Mutual fund | 5 Yr. Returns | 3 Yr. Returns |
|---|---|---|
| Aditya Birla Sun Life Digital India Fund – Growth-Direct Plan | 33.12% | 38.96% |
| ICICI Prudential Technology Fund – Direct Plan – Growth | 33.78% | 38.77% |
| Kotak Small Cap Fund – Direct Plan – Growth | 22.58% | 38.22% |
| ICICI Prudential Technology Fund | 32.61% | 37.57% |
What is return on mutual funds in India?
Estimated Returns from Various Mutual Funds in India
| Scheme Name | 1 Year | 3 Years |
|---|---|---|
| Franklin India Bluechip Fund (G) | 9.42% | 10.29% |
| ICICI Pru Focused Bluechip Equity Fund (G) | 13.18% | 11.03% |
| Invesco India Dynamic Equity Fund (G) | 13.46% | 10.59% |
| Invesco India Growth Opp Fund (G) | 21.45% | 13.34% |
Which SIP is best in India?
Best SIP Plans for the Year 2022
| Fund Name | Monthly Investment | 3 years Return |
|---|---|---|
| Axis Bluechip Fund | 5000 | 20.79% |
| Axis Focused 25 Fund | 5000 | 20.94% |
| DSP Equity Fund | 5000 | 14.69% |
| Franklin India Focused Equity Fund | 5000 | 22.68% |
Which SIP is best for 5 years?
Best SIP Plans for 5 And 3 Years in Equity Funds and Debt Funds
| Fund Name | 5 years Return | 3 years Return |
|---|---|---|
| HDFC Balance Advantage Fund | 15.50% | 16.60% |
| ICICI Prudential Bluechip Fund | 10.81% | 8.48% |
| Kotak Standard Multicap Fund | 13.24% | 11.14% |
| Quant Infrastructure Fund | 24.14% | 38.02% |
What is Blue Chip fund?
Blue chip funds are equity mutual funds that invest in stocks of companies with large market capitalisation. These are well-established companies with a track record of performance over some time. However, as per SEBI norms on mutual fund categorisation, you don’t have an official category called Blue Chip funds.
Which is the biggest AMC in India?
With an Average AUM of Rs 4.47 lakh crore, ICICI Prudential Mutual Fund is the second largest AMC in India. HDFC Asset Management Company (AMC) was incorporated in 1999.
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Top 10 AMCs (Asset Management Companies) in India – 2021.
| AMC | Average AUM (July-September, 2021) (in Rs) |
|---|---|
| Aditya Birla Sun Life Mutual Fund | 3 lakh crore |
What is CAGR in mutual fund?
Compounded annual growth rate (CAGR) is one of the most commonly used terms in the mutual fund industry. CAGR represents the compounded growth rate of your investments made in mutual funds. It helps you gauge a mutual fund scheme’s average annual growth over a given time period.
Which is the largest mutual fund Organisations in India?
Unit Trust of India (UTI) is the largest Mutual Fund Organisation of India. UTI Mutual Fund was established in 1963.