Best Performing mutual Funds in Last 5 Years

 

You must know about mutual funds. Under this, mutual fund companies raise money from investors, they invest this money in shares and in return also take charge from mutual investors. For investors who do not know much about investing in the stock market, mutual funds are a good option for investment. There are mainly four types of mutual funds. These are Equity Mutual Fund, Debt Mutual Fund, Hybrid Mutual Fund and Solution-Oriented Mutual Fund.

 

Mutual Fund 5 Years Return

 

Mutual fund 5 Years return is one of the funds to be given by Mirae Asset Hybrid Equity Fund. The Mirae Asset Hybrid Equity Fund recently completed five years. It is at the top in terms of returns. It has given a return of 10.16 per cent for five-year investment, 6.45 per cent for a three-year period and 7.29 per cent for a one-year period. Currently, it funds 3468 crores and has given a return of 10.37% since its inception.

 

As per the information available till 31 July, the fund has 71 per cent of the funds in the equity market, 23 per cent in the debt market and 5.3 per cent in the form of cash. The fund has been used in large-cap equity. The fund has 6.68 per cent in Reliance, 6.51 per cent in HDFC Bank, 4.14 per cent in ICICI Bank, 3.36 per cent in Infosys, 2.87 per cent in AXI Bank, 2.82 per cent in TCS, 2.81 per cent in L&T, 2.70 per cent in ITC, SBI. 2.63% and 1.87% have invested in NTPC. Talking about investing in debt funds, a large part of the fund has been spent in buying government bonds and then buying A1 + paper.

 

Experts say that Mirae Asset Hybrid Equity Fund has invested in a fixed income space of eighty quality debt instruments. The company's Chief Information Officer Nilesh Surana says that we invest in quality business. Keeping in mind the risk factor, we pay special attention to the business model, management and valuation of a company. In addition, our portfolio is diverse.

 

Mutual fund that averaged 12 percent for the past five years

 

The mutual fund which was 12 per cent for the last five years is the IIFL Focused Equity Fund. Its past 5-year SIP return is 11.68%. The value of 10 thousand monthly SIPs will be 8.11 lakhs. 1, 3 and 5 year returns: 14.23%, 10.75%, 11.68%. Minimum SIP: Rs 1000, Minimum Investment: Rs 5000.