Which Mutual Fund Amc Has Best Returns In India
Based on the latest information retrieved, the following details summarize the current landscape of Asset Management Companies (AMCs) and their performances in India for 2024.
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Top Performing AMCs: The SBI Fund Management is recognized as the largest AMC in India, boasting an Assets Under Management (AUM) of approximately ₹913,780.06 crores as of March 2024. Other leading AMCs include ICICI Prudential Mutual Fund, HDFC Mutual Fund, and Nippon India, which consistently rank among the top in terms of performance and reliability. More details can be found in the blog on Lemonn as well as on Kuvera.
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High Return Mutual Funds: If you are looking for high-return mutual funds, the Motilal Oswal Midcap Direct Growth fund comes highly recommended, offering an impressive return of 35.74%. Additionally, the Motilal Oswal Midcap Fund and the Motilal Oswal ELSS Tax Saver Fund have garnered notable returns of 47.62% and 43.43%, respectively, making them standout choices for potential investors. Further insights on these funds can be found on INDmoney and in an analysis piece by the Economic Times.
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Sector-Specific Performance: For those interested in infrastructure investments, the Invesco India Infrastructure Fund has shown annualized returns of 29.27% over three years and 31.8% over five years, as highlighted in the Groww article on long-duration mutual funds.
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Best Index Funds: For investors considering index funds, the Motilal Oswal Nifty Midcap 150 Index Fund offers a return of +28.08%, among others listed on ET Money.
In conclusion, while many AMCs show robust performance, selected funds such as those managed by Motilal Oswal stand out for high returns. Investors should consider their risk tolerance and investment horizon before making decisions.
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