Best 7 mutual fund? (2024)

Best 7 mutual fund?

For those aspiring to be successful equity SIP investors, he recommended following the 7-5-3-1 rule. The 7-5-3-1 rule focuses on four factors. Equity investments tend to perform better over extended periods, and a minimum investment horizon of 7 years allows for the potential benefits of compounding to materialise.

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What is 7 5 3 1 rule in SIP?

For those aspiring to be successful equity SIP investors, he recommended following the 7-5-3-1 rule. The 7-5-3-1 rule focuses on four factors. Equity investments tend to perform better over extended periods, and a minimum investment horizon of 7 years allows for the potential benefits of compounding to materialise.

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What is the 75 5 10 rule for mutual funds?

Diversified management investment companies have assets that fall within the 75-5-10 rule. A 75-5-10 diversified management investment company will have 75% of its assets in other issuers and cash, no more than 5% of assets in any one company, and no more than 10% ownership of any company's outstanding voting stock.

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Which is the best mutual fund to invest in 2023?

Mutual funds1-year return (%)
Kotak Multicap Fund39.77
Motilal Oswal Large and Midcap Fund38.05
ITI Multi Cap Fund38.54
Nippon India Multi Cap Fund38.13
6 more rows
Jan 1, 2024

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How many mutual funds are enough?

While there is no precise answer for the number of funds one should hold in a portfolio, 8 funds (+/-2) across asset classes may be considered optimal depending on the financial objectives and goals of the investor. Further, higher allocation of portfolio to the right fund is of crucial importance.

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What is the 8 4 3 rule of mutual funds?

One of the strategies for compounding money through mutual funds is to use the 8-4-3 rule, where the compounding effect grows exponentially. In the initial 8 years, the compounding effect shows good results, but its speed increases in the next 4 years and super-exponentially in the following 3 years.

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What is the rule of 7 double investment?

1 At 10%, you could double your initial investment every seven years (72 divided by 10). In a less-risky investment such as bonds, which have averaged a return of about 5% to 6% over the same period, you could expect to double your money in about 12 years (72 divided by 6).

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What is the 80 20 rule in mutual funds?

80% of your portfolio's returns in the market may be traced to 20% of your investments. 80% of your portfolio's losses may be traced to 20% of your investments. 80% of your trading profits in the US market might be coming from 20% of positions (aka amount of assets owned).

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What is 15 15 30 rule in mutual funds?

15 X 15 X 30 rule of mutual funds

If u do a 15,000 Rs. SIP per month for 30 years (instead of 15 years as earlier), at a 15% compounded annual return, You will be able to accumulate 10 CRORE against 1 crore if u invest for 15 years), said Balwant Jain.

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What is the 15 15 15 rule for mutual funds?

What is the “15*15*15 Rule” in Mutual Funds? Consider investing Rs 15,000 per month for 15 years and earning 15% returns. After 15 years, the total wealth will be Rs 1,00,27,601 (Rs. 1 crore).

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What are the top 10 mutual funds?

Summary: Best Mutual Funds
CompanyExpense RatioDividend Yield
The Hartford Core Equity Fund (HGIYX)0.45%0.98%
Schwab S&P 500 Index Fund (SWPPX)0.02%1.38%
Dodge & Cox Income Fund (DODIX)0.41%3.75%
Schwab U.S. Large-Cap Growth Index Fund (SWLGX)0.035%0.68%
6 more rows
5 days ago

(Video) Top 7 Mid Cap Mutual Funds with Highest 10 Year SIP returns
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Which mutual fund gives highest return?

List of High Risk & High Returns in India Ranked by Last 5 Year Returns
  • Nippon India Small Cap Fund. EQUITY Small Cap. ...
  • HDFC Small Cap Fund. EQUITY Small Cap. ...
  • ICICI Prudential Smallcap Fund. EQUITY Small Cap. ...
  • Kotak Small Cap Fund. ...
  • DSP Small Cap Fund. ...
  • Nippon India Growth Fund. ...
  • Axis Small Cap Fund. ...
  • Edelweiss Mid Cap Fund.

Best 7 mutual fund? (2024)
Is 8 mutual funds too much?

Ideally, 6 to 8 funds are good enough to build your MF portfolio. As the size of the portfolio increases, you may invest in a maximum of 10 funds to reduce the risk of being overdependent on any particular fund or fund house. However, the funds you are investing in are across equity, debt and hybrid categories.

Are 10 mutual funds too many?

Too Much of Mutual Fund Investment

You must remember that each equity fund you invest in has at least 50 stocks. If you hold, say, 7 to 10 of these equity funds, you are in actual fact, investing in around 500 stocks on the high side. This figure could go higher, depending on your distinct number of funds.

What is the rule of 7 and 10 investing?

The 7/10 rule in investing is a straightforward method to calculate the fair value of a company's stock. The rule states that a company's stock price should either be seven times its earnings before interest, taxes, depreciation, and amortization (EBITDA) or 10 times its operating earnings per share.

What is the 30 day rule for mutual funds?

Roundtrip Transactions

A roundtrip is a mutual fund purchase or exchange purchase followed by a sell or exchange sell within 30 calendar days in the same fund and account. For example, if you purchased a fund on May 1, selling the fund prior to May 31 would incur a roundtrip violation.

Is 7 a good return on investment?

General ROI: A positive ROI is generally considered good, with a normal ROI of 5-7% often seen as a reasonable expectation. However, a strong general ROI is something greater than 10%. Return on Stocks: On average, a ROI of 7% after inflation is often considered good, based on the historical returns of the market.

Is a 7% return realistic?

While quite a few personal finance pundits have suggested that a stock investor can expect a 12% annual return, when you incorporate the impact of volatility and inflation, 7% is a more accurate historical estimate for an aggressive investor (someone primarily invested in stocks), and 5% would be more appropriate for ...

How can I double my money in 5 years?

The time-tested way to double your money over a reasonable amount of time is to invest in a solid, balanced portfolio that's diversified between blue-chip stocks and investment-grade bonds.

What if I invest $1,000 a month in mutual funds for 20 years?

If you Invest in SBI Small Cap Mutual Fund thru SIP of Rs 1000 per month for 20 Years or 240 months then your Expected Fund value at the end of the 20 th Year would be Rs 24,38,856.38 approx. SBI Small Cap Fund is currently returning 25.81 % average since its launch.

What is the 3 5 10 rule for mutual funds?

Specifically, a fund is prohibited from: acquiring more than 3% of a registered investment company's shares (the “3% Limit”); investing more than 5% of its assets in a single registered investment company (the “5% Limit”); or. investing more than 10% of its assets in registered investment companies (the “10% Limit”).

What is better than the 50 30 20 rule?

“Where the 50/30/20 rule and the envelope system get complicated, the 80/20 plan gets simple. Instead of having to categorize every single expense into what is essential and what is not, you simply take 20% of your paycheck and deposit it directly into your savings account.

What happens if I invest 15000 a month in SIP for 15 years?

By following the '15 x 15 x 15 rule' for Mutual Fund SIPs, investors can accumulate Rs 1 crore in the next 15 years. This method suggests investing Rs 15,000 per month for a period of 15 years at an expected 15% return to generate Rs 1 crore. Rs 1 crore corpus can be generated with long-term investment in mutual funds.

Which mutual fund is best for 15 days?

  • UTI Banking & PSU Debt Fund - Regular Plan - Growth.
  • UTI Short Term Income Fund - Regular - Growth.
  • Birla Sun Life Short Term Fund - Growth.
  • IDFC Corporate Bond Fund - Regular Plan - Growth.
  • Invesco India Short Term Fund - Growth.
  • UTI Income Opportunities Fund - Growth.
  • DSP Black Rock Short Term Fund - Regular Plan - Growth.

Which mutual fund is best for 15 years?

Best SIP For 15 Years in India
  • Axis Bluechip Fund Direct Plan-Growth. ...
  • DSP Flexi Cap Fund Direct Plan-Growth. ...
  • Quant Tax Plan- Direct-Growth Fund. ...
  • Kotak Equity Opportunities Fund Direct-Growth. ...
  • Edelweiss Large & Mid Cap Direct Plan-Growth. ...
  • Motilal Oswal Focused Fund Direct-Growth. ...
  • ICICI Prudential Gilt Fund Direct-Growth Plan.
Dec 7, 2023

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