Which mutual fund has the best return in 2024? (2024)

Which mutual fund has the best return in 2024?

The Fidelity Cash Fund is one of the four funds selected by Fidelity's Investment Director Tom Stevenson as his picks of 2024. The Fidelity Global Technology Fund was the most popular actively managed equity fund over the quarter, ranking third for SIPP purchases and fifth for ISAs.

What is the best investment in 2024?

11 best investments right now
  • High-yield savings accounts.
  • Certificates of deposit (CDs)
  • Bonds.
  • Money market funds.
  • Mutual funds.
  • Index Funds.
  • Exchange-traded funds.
  • Stocks.
Mar 19, 2024

Which fund to invest in 2024?

The Fidelity Cash Fund is one of the four funds selected by Fidelity's Investment Director Tom Stevenson as his picks of 2024. The Fidelity Global Technology Fund was the most popular actively managed equity fund over the quarter, ranking third for SIPP purchases and fifth for ISAs.

Which is the mutual fund with highest returns?

Here are 5 mutual fund schemes with highest 3-year returns along with their expense ratios: Quant Small Cap Fund(G) tops the chart with over 39% returns followed by Quant Mid Cap Fund(G), Nippon India Small Cap Fund(G), Quant Flexi Cap Fund(G) and Motilal Oswal Midcap Fund-Reg(G) in the same pecking order.

What is the safest investment with the highest return?

Here are the best low-risk investments in April 2024:
  • High-yield savings accounts.
  • Money market funds.
  • Short-term certificates of deposit.
  • Series I savings bonds.
  • Treasury bills, notes, bonds and TIPS.
  • Corporate bonds.
  • Dividend-paying stocks.
  • Preferred stocks.
Apr 1, 2024

Which mutual fund is best for the next 5 years?

Equity Mutual Funds: SIP Performance in 5 years
  • Nippon India Small Cap Fund. ...
  • Quant Flexi Cap Fund. ...
  • Quant ELSS Tax Saver Fund. 1,428,661.33. ...
  • HSBC Small Cap Fund. 1,362,349.31. ...
  • SBI Contra Fund. 1,353,971.16. ...
  • Bank of India Small Cap Fund. 1,353,842.64. ...
  • Franklin India Smaller Cos Fund. 1,345,052.9. ...
  • HDFC Small Cap Fund. 1,343,394.33.
Feb 26, 2024

Where do I put cash 2024?

Overview: Best investments in 2024
  • High-yield savings accounts. Overview: A high-yield online savings account pays you interest on your cash balance. ...
  • Long-term certificates of deposit. ...
  • Long-term corporate bond funds. ...
  • Dividend stock funds. ...
  • Value stock funds. ...
  • Small-cap stock funds. ...
  • REIT index funds.

Where to invest $50,000 for 3 years?

The safest way to invest $50,000 would be to put it into a savings account or CD. However, you could also invest in stocks or real estate, start or add to a retirement account, and more. Your goals, risk tolerance, and time horizon until retirement will determine the right choice for you.

What is the best fund to invest in right now?

Best index funds to invest in
  • SPDR S&P 500 ETF Trust.
  • iShares Core S&P 500 ETF.
  • Schwab S&P 500 Index Fund.
  • Shelton NASDAQ-100 Index Direct.
  • Invesco QQQ Trust ETF.
  • Vanguard Russell 2000 ETF.
  • Vanguard Total Stock Market ETF.
  • SPDR Dow Jones Industrial Average ETF Trust.

Which mutual fund is best?

BEST MUTUAL FUNDS
  • LIC MF Flexi Cap Fund Direct Plan Growth Option. ...
  • Mirae Asset Flexi Cap Fund Direct Growth. ...
  • Axis Flexi Cap Fund Direct Growth. ...
  • Canara Robeco Flexi Cap Fund Direct Plan Growth Option. ...
  • Sundaram Flexi Cap Fund Direct Growth. ...
  • Navi Flexi Cap Fund Direct Growth. ...
  • PGIM India Flexi Cap Fund Direct Growth.

Which Fidelity funds are performing well?

The Fidelity Global Dividend Fund is one of Fidelity's most consistent performers and should provide a good balance of growth and income.

Which mutual funds give 30% return?

The other funds in the list were Tata Small Cap Fund, Bandhan Small Cap Fund, HDFC Mid Cap Opportunities Fund, and Canara Robeco Small Cap Fund. These schemes gave 30.73%, 30.13%, 30.10%, and 30% returns respectively.

Which mutual fund is good in recession?

A risk-averse person can consider investing in a multi-asset mutual fund as it invests in various asset classes such as stocks, gold, debt, etc. Investing in various asset classes reduces the overall risk and can protect you in the downturn. It is essential to keep investing, no matter the economic condition.

Which mutual fund has highest return in 1 year?

What are large cap mutual funds?
Large Cap funds1-year-return (%)
Quant Large Cap Fund56.31
Bank of India Bluechip Fund49.09
JM Large Cap Fund47.09
Nippon India Large Cap Fund46.42
4 more rows
Apr 8, 2024

Should a 70 year old be in the stock market?

If you're 70, you'd look at sticking to 40% stocks. Of course, there's wiggle room with this formula, and it's really just a way to get started. And for many older investors, a 50-50 split of stocks and bonds is what's preferred throughout retirement, and that's fine, too.

What investment is 100% safe?

What are the safest types of investments? U.S. Treasury securities, money market mutual funds and high-yield savings accounts are considered by most experts to be the safest types of investments available.

Where can I get 10 percent return on investment?

Investments That Can Potentially Return 10% or More
  • Stocks.
  • Real Estate.
  • Private Credit.
  • Junk Bonds.
  • Index Funds.
  • Buying a Business.
  • High-End Art or Other Collectables.
Sep 17, 2023

What is the safest mutual fund?

BlackRock Exchange Portfolio (STSEX)

Easily one of the top-rated examples of the safest mutual funds, the BlackRock Exchange Portfolio (MUTF:STSEX) seeks long-term growth of capital and consequent long-term growth of income, per its prospectus.

Which mutual fund is safest for long term?

List of Best Low Risk Mutual Funds in India Ranked by Last 5 Year Returns
  • ICICI Prudential Income Optimizer Fund (FOF) ...
  • Quant Multi Asset Fund. ...
  • ICICI Prudential Equity & Debt Fund. ...
  • ICICI Prudential Regular Savings Fund. ...
  • Edelweiss Aggressive Hybrid Fund. ...
  • SBI Multi Asset Allocation Fund. ...
  • ICICI Prudential Multi Asset Fund.

Which mutual fund is best for lumpsum investment 2024?

Equity Mutual Funds: Lumpsum investment performance in 2024 so far
  • Quant Small Cap Fund. 11,421.03. ...
  • Bandhan Small Cap Fund. 10,956.28. ...
  • ITI Small Cap Fund. 10,900.55. ...
  • SBI Small Cap Fund. 10,795.29. ...
  • Mahindra Manulife Small Cap Fund. 10,691.73. ...
  • Motilal Oswal Small Cap Fund. ...
  • Tata Small Cap Fund. ...
  • Baroda BNP Paribas Small Cap Fund.
6 days ago

Where should I put $20,000 dollars?

10 Best strategies to invest $20K
  • Pay off debt. ...
  • Build an emergency fund. ...
  • Max out your retirement accounts. ...
  • Invest in an index fund. ...
  • Invest with a brokerage account. ...
  • Invest with a robo-advisor. ...
  • Invest in fine art. ...
  • Invest in real estate.
Mar 14, 2024

Where should I put $100 000 dollars?

Best Investments for Your $100,000
  • Index Funds, Mutual Funds and ETFs.
  • Individual Company Stocks.
  • Real Estate.
  • Savings Accounts, MMAs and CDs.
  • Pay Down Your Debt.
  • Create an Emergency Fund.
  • Account for the Capital Gains Tax.
  • Employ Diversification in Your Portfolio.
Dec 14, 2023

Where to put $1 000 right now?

If you're wondering how to invest $1,000, putting your money in a retirement account offers one of the highest potential returns. You can opt for a workplace retirement account or open an IRA on your own with an online broker.

How can I double 50k?

  1. Real Estate Investing via Arrived: My favorite way to turn $50k into $100k is through real estate investing with Arrived. ...
  2. Index Funds through Acorns: ...
  3. Passive Income Generation with ETFs: ...
  4. Direct Real Estate Investments: ...
  5. Investing in REITs: ...
  6. Mutual Funds Investments: ...
  7. Blogging for Profit: ...
  8. House Flipping Ventures:
Sep 27, 2023

What can I double my money in 7 years?

All you do is divide 72 by the fixed rate of return to get the number of years it will take for your initial investment to double. You would need to earn 10% per year to double your money in a little over seven years.

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