Hi there! welcome to Gift-Nifty, where you can explore the best long-term mutual funds in India. Mutual funds are one of the safest and most popular ways to spend your money and get rich. People in India can choose from a lot of mutual funds, and it can be hard to pick the right one.
We’ve put together a list of the best long-term mutual funds in India to help you with your money.
In the past five years, these funds have regularly done better than others in the same category, with great absolute returns.
Best Long-Term Mutual Funds
These are the best long-term investment funds to put your money into:
Canara Robeco Bluechip Equity Fund Direct
A large-cap mutual fund is what Canara Robeco Mutual Fund has to offer. By investing in a wide range of blue-chip stocks, the Canara Robeco Bluechip Equity Fund hopes to achieve long-term capital growth.
NAV: ₹62.39
Fund Size (AUM): ₹12577.60 Cr
Expense Ratio: 0.50%
Quant Flexi Cap Fund Direct
The unique thing about this fund is that it can take advantage of chances across all market caps thanks to its flexible asset allocation.
Quant Flexi Cap Fund has had a great track record over the years, thanks in part to its creative method and wide range of high-quality stocks.
NAV: ₹107.5934
Fund Size (AUM): ₹4,616.85 Cr
Expense Ratio: 0.68%
PGIM India Midcap Opportunities Fund Direct
If buyers want to get into mid-cap stocks, the PGIM India Midcap Opportunities Fund is a great choice. The fund has always found good mid-cap companies, which has led to higher long-term profits.
NAV: ₹62.87
Fund Size (AUM): ₹9,923.95 Cr
Expense Ratio: 0.45%
Nippon India Small Cap Fund Direct
The Nippon India Smallcap Fund is made for buyers who are willing to take on more risk and want to make money by investing in small-cap stocks. The main goal of the plan is to make money by investing mostly in top small-cap companies over the long run.
NAV: ₹168.9917
Fund Size (AUM): ₹45,749.10 Cr
Expense Ratio: 0.79%
360 One Focused Equity Fund Direct
It is an open-ended equity fund that invests in up to 30 multicap stocks. It used to be called the IIFL Focused Equity Fund.
The 360 One Focused Equity Fund is known for its focused and concentrated method. It invests in only a few high-conviction companies with the goal of long-term capital appreciation.
NAV: ₹48.2140
Fund Size (AUM): ₹6,794.35 Cr
Expense Ratio: 0.63%
Quant Infrastructure Fund Direct
It is a sectoral fund made for investors who want to profit from the growing possibilities in the infrastructure sector.
Quant Infrastructure Fund’s main goal is to increase the value of its investments by investing in a group of companies that work on infrastructure. Keep in mind that this fund has a very high risk because it only invests in one area.
NAV: ₹43.7021
Fund Size (AUM): ₹2,498.18 Cr
Expense Ratio: 0.73%
DSP World Mining Fund Direct
The main purchases this fund makes are in well-known mining and metals companies around the world.
BlackRock Global Funds – World Mining Fund units make up most of DSP World Mining Fund’s investments. It would also spend a big chunk of its assets in units of other foreign mutual funds that are similar.
NAV: ₹17.1849
Fund Size (AUM): ₹152.70 Cr
Expense Ratio: 1.50%
HDFC Balanced Advantage Fund Direct
A dynamic asset selection strategy is used by this fund to adapt to changing market conditions.
The HDFC Balanced Advantage Fund’s goal is to increase the value of investments over time while lowering the chance of losing money.
NAV: ₹498.3650
Fund Size (AUM): ₹79,875.10 Cr
Expense Ratio: 0.72%
Edelweiss Arbitrage Fund Direct
The Scheme’s major ways of making money are through arbitrage opportunities and debt investments. The Edelweiss Arbitrage Fund is a great choice if you don’t want to take risks and want steady results.
NAV: ₹19.0200
Fund Size (AUM): ₹9,167.21 Cr
Expense Ratio: 0.35%
ICICI Prudential All Seasons Bond Fund Direct
A Dynamic Bond mutual fund scheme like this is great for investors who want a fixed-income choice.
The ICICI Prudential All Seasons Bond Fund deals in a wide range of debt and money market instruments to get steady long-term returns.
NAV: ₹35.6510
Fund Size (AUM): ₹11,914.30 Cr
Expense Ratio: 0.56%
Why Invest in Long-Term Mutual Funds?
Putting your money into the best mutual funds for the long run has many benefits, such as:
- Increase in Wealth: It could lead to a big increase in wealth over time. You can also take benefit of tax savings, compounding, and market volatility management when you invest for a long time.
- Compounding Returns: If you keep your money saved for a longer time, you can get huge returns through the power of compounding.
- Long-Term Goals: Mutual funds are the best way to save for specific things like your child’s college or your retirement. You will be able to reach your goals within the time you have set.
How to Invest in Best Long-Term Mutual Funds?
Here are the steps you need to follow to invest in the best long-term mutual funds:
Figure out your financial goals
Figure out your financial goals and how long you have to reach them. Then, pick the right funds to help you reach those goals.
Careful research and due diligence
Check out the fund’s past performance, the experience of the fund manager, the price ratios, and the way the fund invests its money. Performance in the past can’t tell you what will happen in the future, but stability could be a good sign.
Spreading out
Put your money into some different mutual funds to spread out your risk. Do not put all of your money into a single type of asset or business.
Checking in regularly
Regularly look over your assets and make changes as needed to adapt to changing market conditions or your changing financial goals.
Conclusion
Putting your money into the best long-term mutual funds in India, like the Canara Robeco Bluechip Equity Fund and the Quant Flexi Cap Fund, can be a smart way to slowly get richer. These funds, which are handled by professionals with a lot of experience, have consistently done well and can help you get big capital gains. First, write down your financial goals. Then, do a lot of study, spread out your investments, and check back on your portfolio often.
Also Read: Multi Cap Mutual Funds: Gate To Diversification and Growth Potential
Long-term investments in mutual funds take advantage of the power of compounding to give you the chance to make big gains while also helping you reach important financial goals like retirement or college. By doing these things, you can make smart choices and ensure a bright financial future.
FAQs
What are mutual funds?
Mutual funds are a type of investment that uses the money of many people to buy a wide range of stocks, bonds, and other securities. Professional fund managers are in charge of them.
Why should I invest in long-term mutual funds?
With long-term mutual funds, your income can grow through compounding returns, you can save on taxes, and you can better handle market volatility. You can also use them to reach long-term financial goals, like saving for retirement or your child’s college.
What is the Canara Robeco Bluechip Equity Fund?
This is a big-cap mutual fund called the Canara Robeco Bluechip Equity Fund. It invests in many blue-chip stocks with the goal of long-term capital growth. Its net asset value (NAV) is ₹62.39, and its fund size is ₹12,577.60 Cr. Its cost ratio is 0.50%.
What makes the Quant Flexi Cap Fund unique?
It is known that the Quant Flexi Cap Fund can take advantage of opportunities in all market caps thanks to its flexible asset allocation. It has a good track record because it is always trying new things and buying a wide range of high-quality stocks.
What is the focus of the PGIM India Midcap Opportunities Fund?
This fund mainly invests in mid-cap stocks and has always found profitable mid-cap companies, which has led to better long-term profits. Its net asset value (NAV) is ₹62.87, and its fund size is ₹9,923.95 Cr. Its cost ratio is 0.45%.