Top Mutual Fund Schemes in India
AMC Name | Available in Branches | Available Online | Offer documents |
---|---|---|---|
Aditya Birla Sun Life Mutual Fund | Click here | ||
Axis Mutual Fund | Click here | ||
Bandhan Mutual Fund | Click here | ||
BOI AXA Mutual Fund | Click here | ||
Baroda BNP Paribas Mutual Fund | Click here | ||
Canara Robeco Mutual Fund | Click here | ||
DSP Mutual Fund | Click here | ||
Edelweiss Mutual Fund | Click here | ||
Franklin Templeton Mutual Fund | Click here | ||
HDFC Mutual Fund | Click here | ||
HSBC Mutual Fund | Click here | ||
ICICI Prudential Mutual Fund | Click here | ||
IIFL Mutual Fund | Click here | ||
Invesco Mutual Fund | Click here | ||
JM Financial Mutual Fund | Click here | ||
Kotak Mutual Fund | Click here | ||
LIC Mutual Fund | Click here | ||
Mirae Asset Mutual Fund | Click here | ||
Motilal Oswal Mutual Fund | Click here | ||
Mahindra Manulife Investment Pvt Limited | Click here | ||
Nippon India Mutual Fund | Click here | ||
NAVI AMC Limited | Click here | ||
Parag Parikh Financial Advisory Services Pvt Ltd. | Click here | ||
PGIM India Mutual Fund | Click here | ||
Quant Money Managers Ltd | Click here | ||
SBI Mutual Fund | Click here | ||
Sundaram Mutual Fund | Click here | ||
Tata Mutual Fund | Click here | ||
Taurus Mutual Fund | Click here | ||
UTI Mutual Fund | Click here | ||
Union Asset Management Company Private Limited | Click here | ||
Helios Mutual Fund | Click here | ||
WhiteOak Capital Mutual Fund | Click here | ||
Old Bridge Mutual Fund | Click here | ||
ITI Mutual Fund | Click here | ||
Groww | Click here |
Types of Mutual Fund Schemes
Here, we will discuss the types of Mutual Fund Schemes available in India. By understanding these classifications, investors can make well-informed decisions to meet their financial goals.
Open-ended
- Provides liquidity as investors can buy or redeem units at any time
- Suitable for investors who need flexibility with buying and selling the Mutual Fund units
Close-ended
- Has a fixed maturity date, encouraging discipline
- Mandatorily listed to provide an exit route before maturity
Interval
- Allows purchases and redemptions during specific time intervals
- Balances liquidity with a structured approach
Active funds
- The Fund Manager actively selects and manages assets
- Aims to outperform benchmark indices
Passive funds
- Replicates a specific index or benchmark
- Low-cost option, closely tracks the chosen index
Growth funds
- Focus on capital appreciation
- Invest primarily in growth-oriented assets like equity
Income funds
- Regular and steady income
- Invest in fixed-income securities
Liquid/Overnight/Money Market Mutual Funds
- Ideal for short-term investors seeking liquidity and principal protection
- Invest in money market instruments with short-term maturities
Asset class
- Invest funds in equity, debt, money market instruments or any other asset class
Strategies and styles
- Income Funds, Dynamic Bond Funds and Equity Funds (large-cap, mid-cap, small-cap and value) reflect different portfolio strategies and styles
There are several Mutual Funds you can choose from according to your financial goals and risk appetite.
How to choose the right Mutual Fund Scheme for yourself?
Here’s how you can choose the right Mutual Fund Scheme for yourself:
Long-term wealth: If you are looking for steady returns over the years, consider funds that invest in big, reliable companies. These funds can provide stable growth. It is like choosing a restaurant known for its consistent and delicious dishes.
Conservative investor: You want to invest in stocks but prefer lower risks. Look for funds that offer stability with fewer ups and downs. It is like choosing a restaurant that serves quality food without wild surprises.
High risk, high return: Some people are willing to take risks for higher rewards. In this case, consider investing in funds that might have a few rocky moments but offer great long-term potential. It is like dining at a unique restaurant where the food is excellent but might occasionally have unexpected flavours.
Planning for goals: Are you saving for a specific goal like your child's education or your retirement? Just like you would pick a restaurant based on the cuisine you want, select funds that match your financial objectives.
Interest rates: If you expect interest rates to fall, opt for funds that benefit from lower rates, like choosing tastier dishes as they cool down.
Uncertain about rates: If you need clarification on the interest rate scenario, use flexible funds that adapt to changing conditions.
Before deciding, list your goals, how much risk you are comfortable with and how long you plan to invest. It is like checking the restaurant's menu, prices and reviews before ordering.
ICICI Bank is an AMFI Registered Mutual Fund distributor. Mutual Fund investments are subject to market risk. Read all scheme related documents carefully.