Top 10 Mutual Funds - India

Best mutual funds to invest (SIP) in India.

Tip : Invest only in direct plan (D) of any mutual fund. The SIP returns would be higher as compared to investing in regular plan.

I. Indian Equity

Fund Name Expected Returns (5y) Fund Class
UTI Nifty Index Growth Direct Plan 10% or more Nifty Index
UTI Nifty Next 50 Index Growth Direct Plan 10% or more Nifty Index Next 50
HDFC Index Nifty 50 Growth Direct Plan 10% or more Nifty Index Next 50
Parag Parikh Flexi Cap Fund 10% or more Diversified Equity
Equity mutual funds are more suitable for creating wealth over long term.
High Risk


Tip: The actual returns depend on lots of factors including the volatility in the market during your entry and exit time, total duration, type of fund etc. Try using SIP calculator with the historical rate of return(for the last 15 years or more if available) in that segment.

II. Foreign Equity

Fund Name Expected Returns (5y) Fund Class
Motilal Oswal S&P 500 Index Fund 10% or more Foreign Equity (S&P 500)
Motilal Oswal Nasdaq 100 10% or more Foreign Equity (NASDAQ-100)
It's good to have some geographical diversification in your equity portfolio. If you invest >10L/year in foreign equity, then perhaps consider going direct way (e.g Interactive Brokers) instead of mutual funds via FOF route.
High Risk


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III. Debt Funds

Fund Name Expected Returns (5y) Fund Class
Parag Parikh Liquid Fund (PPLF) 5.5% Liquid (Govt T. Bills)
Motilal Oswal Liquid Growth Direct Plan 5.5% Liquid (Govt T. Bills)
Quantum Liquid Fund 5.5% Liquid (Govt T. Bills)
HDFC Liquid Fund Growth 7.0% Liquid
Debt mutual funds are good alternative to fixed deposits. Use liquid funds, backed by T. bills, for highest degree of safety.
Low Risk

Notice : I DO NOT receive any "payment" or "fee" for listing the funds above. It's solely based on my own understanding and my personal preference. You should also understand that equity investments are for long term; stick to fixed deposits or liquid funds to park money for short term duration(less than 2 years). Unless you're in 30% tax brackets, FD can also be good for the liquid component (or emergency bucket) of your portfolio.