Which are the Top Mutual Funds that Offer Guaranteed Returns?

2 Mins read

Mutual funds are a great way to boost financial independence and beat inflation with high returns. Mutual funds can help you save tax, build your retirement corpus, and lead a comfortable life. But with so many funds available in the market, it can be hard to pick the right option. If you are looking for stable returns from your investment, here are some top mutual funds that offer guaranteed returns.

Guaranteed Returns

  1. Axis Bluechip Fund: This large equity cup fund is ideal for people with a high-risk appetite. The last one-year returns from this mutual fund are 47.5%, the previous three-year return is 15.3%, and the previous five-year return is 16.7%. The fund’s return since inception has been 16.8%. Moreover, the fund has a low expense ratio of 0.49%. The fund’s Assets Under Management (AUM) are estimated at more than Rs. 15,000 crores. The minimum SIP for the fund is Rs. 500.
  2. Canara Robeco Bluechip Equity Fund Direct-Growth: This is again a large cup equity fund with very high risk. The fund’s return since inception has been 15.3%. The last one-year returns are 55.8%, the previous three-year returns are 16.4%, and the final five-year returns are 17.3%. The minimum SIP for the fund is Rs. 1,000. The fund’s expense ratio is 0.49%.
  3. Aditya Birla Sun Life Arbitrage Fund Direct-Growth: This hybrid fund has offered 4.1% in the last year, 5.8% in the previous three years, and 6.2% in the last five years. Since its inception, the fund has delivered 7.2% returns. The minimum SIP investment required for the fund is Rs. 1,000. In addition to this, the fund’s expense ratio is 0.29%. This is a good option for mutual funds online for people with a low-risk profile.
  4. ICICI Prudential Equity and Debt Fund Direct-Growth: This hybrid fund has high risk but offers high returns. The fund’s return since inception has been 15.8%. The last one-year returns were capped at 59.5%, the previous three-year returns were 12.9%, and the final five-year returns were 15.5%. The minimum SIP for the fund is Rs. 100. The fund’s AUM is presently recorded at Rs. 16,454 crores.
  5. Kotak Equity Arbitrage Fund Direct-Growth: This low-risk fund has offered 4.2% returns in the last year, 5.8% in the previous three years, 6.2% in the previous five years, and 7.3% since inception. You can invest in this mutual fund with a minimum SIP amount of Rs. 500. The fund’s expense ratio is 0.41%. The fund’s AUM is estimated at more than Rs. 10,000 crores.

To sum it up

These top mutual funds can offer great returns depending on your risk appetite and investment. So, analyze your financial goals and start investing with Moneyfy in a suitable mutual fund. You can also consult a financial advisor for more details to embark on your investing journey.

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