Best Mutual Funds to invest in 2020 – List of Top Mutual Funds

Best Mutual Funds to invest in 2020. Find list of top mutual funds to invest in 2020, Best Mutual Funds 2020 Based on the past market analysis, we have hereby compiled a list of mutual funds which have provided great returns. You can consider the same if you are planning to invest in them. However, we sincerely request you to read the offer document carefully before investing. In this article you can find complete details for best Mutual fund plans to Invest in 2020 like – Details for MIP (Monthly Income Plans), DMF (Debt Mutual Funds), Small & Midcap Funds, Large Cap Mutual Funds etc, Now you can scroll down below and check more details…

Best multi cap schemes to invest in 2020

  • ICICI Prudential Bluechip Fund Direct-Growth. ★★★★★ 5Y Return. Invest Now.
  • HDFC Mid-Cap Opportunities Direct Plan-Growth. ★★★★★ 5Y Return. Invest Now.
  • Mirae Asset Large Cap Fund Regular- Growth. ★★★★★ 5Y Return. …
  • Kotak Standard Multicap Fund Regular-Growth. ★★★★★ 5Y Return. …
  • Axis Long Term Equity Direct Plan-Growth. ★★★★★ 5Y Return.
  • Motilal Oswal Multicap 35 Fund
  • SBI Magnum Multicap Fund
  • Kotak Standard Multicap Fund
  • Aditya Birla Sun Life Equity Fund

Best Mutual Funds to invest in 2020

Scheme Name Crisil Rank AuM (Cr) 
Kotak India EQ Contra Fund – GrowthContra Fund5726.10
Axis Long Term Equity Fund – GrowthELSS519,632.01
BOI AXA Tax Advantage Fund – Regular Plan – GrowthELSS5256.44
Canara Robeco Equity Tax Saver – Regular Plan – GrowthELSS5940.59
SBI Focused Equity Fund – Regular Plan – GrowthFocused Fund57,967.80
LIC MF Large & Mid Cap Fund – GrowthLarge & Mid Cap Fund5594.43
Mirae Asset Emerging Bluechip Fund – GrowthLarge & Mid Cap Fund58,838.98
Axis Bluechip Fund – GrowthLarge Cap Fund512,716.81
Canara Robeco Bluechip Equity Fund – Regular Plan – GrowthLarge Cap Fund5418.00
JM Large Cap Fund – GrowthLarge Cap Fund5564.07
Axis Midcap Fund – GrowthMid Cap Fund55,098.37
Invesco India Mid Cap Fund – GrowthMid Cap Fund5747.09
Canara Robeco Equity Diversified – Regular Plan – GrowthMulti Cap Fund51,896.90
JM Multicap Fund – GrowthMulti Cap Fund5118.78
UTI Equity Fund – GrowthMulti Cap Fund59,192.73
BOI AXA Manufacturing & Infrastructure Fund – GrowthSectoral/Thematic534.28
DSP Natural Resources and New Energy Fund – Regular Plan – GrowthSectoral/Thematic5268.55
Invesco India Infrastructure Fund – GrowthSectoral/Thematic536.59
Sundaram Rural and Consumption Fund – GrowthSectoral/Thematic51,440.11
Axis Small Cap Fund – GrowthSmall Cap Fund52,169.10

MIP (Monthly Income Plans) :

If you are an investor who requires stable monthly income, then here is the cake for you! Below is the list of a few MIP’s for your consideration:

MIPRETURNS (%)
Period6 months1 year3 years
Birla SL MIP II-Wealth 25 (G)15.2 %23.4 %13.5 %
UTI MIS – Advantage Plan (G)12 %19.7 %12 %

Must Read – How to choose a right mutual fund scheme

DMF (Debt Mutual Funds) :

If you are a risk avoider & there is no urgency of receipt of income, then this would be the right investment for you. Debt Mutual Funds are again a very safe investment which will provide you timely & fixed returns.

Following are a few Debt Mutual Funds which definitely deserve a thought:

Scheme NameCrisil Rank (Star)AuM (Cr)
DSP Banking & PSU Debt Fund – Regular Plan – GrowthBanking and PSU Fund52,424.27
Edelweiss Banking and PSU Debt Fund – Regular Plan – GrowthBanking and PSU Fund5203.95
L&T Triple Ace Bond Fund – GrowthCorporate Bond Fund53,314.00
UTI Corporate Bond Fund – Regular Plan – Growth OptionCorporate Bond Fund51,299.07
HDFC Credit Risk Debt Fund – Regular Plan – GrowthCredit Risk Fund58,435.70
ICICI Prudential Credit Risk Fund – GrowthCredit Risk Fund57,956.06
IDFC Dynamic Bond Fund – Regular Plan – GrowthDynamic Bond Fund52,030.79
JM Dynamic Debt Fund – GrowthDynamic Bond Fund594.38
PGIM India Dynamic Bond Fund – GrowthDynamic Bond Fund543.61
Aditya Birla Sun Life Floating Rate Fund – Regular Plan – GrowthFloater Fund56,133.16
DSP Government Securities Fund – Regular Plan – GrowthGilt Fund51,036.29
Canara Robeco Liquid – Regular Plan – GrowthLiquid Fund5871.22
IIFL Liquid Fund – Regular Plan – GrowthLiquid Fund5565.07
Motilal Oswal Liquid Fund – GrowthLiquid Fund5532.85
Parag Parikh Liquid Fund – GrowthLiquid Fund5466.79
DSP Low Duration Fund – Regular Plan – GrowthLow Duration Fund52,592.83
Invesco India Treasury Advantage Fund – GrowthLow Duration Fund51,492.85
IDFC Bond Fund – Medium Term Plan – Regular Plan – GrowthMedium Duration Fund52,807.92
IDFC Bond Fund – Income Plan – Regular Plan – GrowthMedium to Long Duration Fund5670.57
L&T Money Market Fund – GrowthMoney Market Fund5877.52
L&T Short Term Bond Fund – GrowthShort Duration Fund54,421.96
Mirae Asset Short Term Fund – Regular Plan – GrowthShort Duration Fund5323.19
BOI AXA Ultra Short Duration Fund – Regular – GrowthUltra Short Duration Fund5232.47

Must Read – Mutual Funds: Risk and return

Small & Midcap Funds:

If you are a risk seeker, then the following is for you. These types of funds invest in small and mid cap companies. The Risk Return Ratio is comparatively high in such companies as compared to the above mentioned types.

Following are a few good return giving small & mid cap mutual funds:

Scheme NameCrisil Rank (Star)AuM (Cr)
Axis Midcap Fund – GrowthMid Cap Fund55098.37
Invesco India Mid Cap Fund – GrowthMid Cap Fund5747.09
Canara Robeco Equity Diversified – Regular Plan – GrowthMulti Cap Fund51896.90
JM Multicap Fund – GrowthMulti Cap Fund5118.78
UTI Equity Fund – GrowthMulti Cap Fund59192.73
BOI AXA Manufacturing & Infrastructure Fund – GrowthSectoral/Thematic534.28
DSP Natural Resources and New Energy Fund – Regular Plan – GrowthSectoral/Thematic5268.55
Invesco India Infrastructure Fund – GrowthSectoral/Thematic536.59
Sundaram Rural and Consumption Fund – GrowthSectoral/Thematic51440.11

Must Read – Mutual funds – Pros and ConsAs we can see from the above that the return on investment is quite high as compared to the other mutual funds but this huge return is coupled with huge risk also. So you need to be very careful while investing in such funds.

Large Cap Mutual Funds:

Again this is for a risk bearer person! These funds invest a large sum of money in companies with large capitalization rate. These funds generally provide stable and consistent returns over a long run of time. However, again these are subject to market risks. Following is a list of worth considering Large Cap Mutual Funds:

Large Cap Mutual FundRETURNS (%)
Period6 months1 year3 years
Birla Sun Life Top 100 (G)29.5 %44.2 %22.5 %
UTI Equity Fund (G)31.9 %44.6 %21.3 %
SBI Blue Chip Fund (G)31.3 %44.3 %23.4 %

Must Read – 

Join the Discussion