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Top Mutual Fund Schemes in India


AMC Name  Available in Branches  Available Online  Offer documents  
Aditya Birla Sun Life Mutual Fund Click here
Axis Mutual Fund Click here
Bandhan Mutual Fund Click here
BOI AXA Mutual Fund   Click here
Baroda BNP Paribas Mutual Fund    Click here
Canara Robeco Mutual Fund Click here
DSP Mutual Fund Click here
Edelweiss Mutual Fund Click here
Franklin Templeton Mutual Fund Click here
HDFC Mutual Fund Click here
HSBC Mutual Fund   Click here
ICICI Prudential Mutual Fund Click here
IIFL Mutual Fund Click here
Invesco Mutual Fund Click here
JM Financial Mutual Fund   Click here
Kotak Mutual Fund Click here
LIC Mutual Fund Click here
Mirae Asset Mutual Fund Click here
Motilal Oswal Mutual Fund   Click here
Mahindra Manulife Investment Pvt Limited Click here
Nippon India Mutual Fund Click here
NAVI AMC Limited Click here
Parag Parikh Financial Advisory Services Pvt Ltd. Click here
PGIM India Mutual Fund Click here
Quant Money Managers Ltd Click here
SBI Mutual Fund Click here
Sundaram Mutual Fund Click here
Tata Mutual Fund Click here
Taurus Mutual Fund Click here
UTI Mutual Fund Click here
Union Asset Management Company Private Limited Click here
Helios Mutual Fund Click here
WhiteOak Capital Mutual Fund Click here
Old Bridge Mutual Fund Click here
ITI Mutual Fund Click here
Groww Click here
 

Types of Mutual Fund Schemes

Here, we will discuss the types of Mutual Fund Schemes available in India. By understanding these classifications, investors can make well-informed decisions to meet their financial goals.

Organisation structure

Open-ended

  • Provides liquidity as investors can buy or redeem units at any time
  • Suitable for investors who need flexibility with buying and selling the Mutual Fund units

Close-ended

  • Has a fixed maturity date, encouraging discipline
  • Mandatorily listed to provide an exit route before maturity

Interval

  • Allows purchases and redemptions during specific time intervals
  • Balances liquidity with a structured approach

Portfolio management

Active funds

  • The Fund Manager actively selects and manages assets
  • Aims to outperform benchmark indices

Passive funds

  • Replicates a specific index or benchmark
  • Low-cost option, closely tracks the chosen index

Investment objectives

Growth funds

  • Focus on capital appreciation
  • Invest primarily in growth-oriented assets like equity

Income funds

  • Regular and steady income
  • Invest in fixed-income securities

Liquid/Overnight/Money Market Mutual Funds

  • Ideal for short-term investors seeking liquidity and principal protection
  • Invest in money market instruments with short-term maturities

Investment portfolio

Asset class

  • Invest funds in equity, debt, money market instruments or any other asset class

Strategies and styles

  • Income Funds, Dynamic Bond Funds and Equity Funds (large-cap, mid-cap, small-cap and value) reflect different portfolio strategies and styles

There are several Mutual Funds you can choose from according to your financial goals and risk appetite.

How to choose the right Mutual Fund Scheme for yourself?

Here’s how you can choose the right Mutual Fund Scheme for yourself:

Long-term wealth: If you are looking for steady returns over the years, consider funds that invest in big, reliable companies. These funds can provide stable growth. It is like choosing a restaurant known for its consistent and delicious dishes.

Conservative investor: You want to invest in stocks but prefer lower risks. Look for funds that offer stability with fewer ups and downs. It is like choosing a restaurant that serves quality food without wild surprises.

High risk, high return: Some people are willing to take risks for higher rewards. In this case, consider investing in funds that might have a few rocky moments but offer great long-term potential. It is like dining at a unique restaurant where the food is excellent but might occasionally have unexpected flavours.

Planning for goals: Are you saving for a specific goal like your child's education or your retirement? Just like you would pick a restaurant based on the cuisine you want, select funds that match your financial objectives.

Interest rates: If you expect interest rates to fall, opt for funds that benefit from lower rates, like choosing tastier dishes as they cool down.

Uncertain about rates: If you need clarification on the interest rate scenario, use flexible funds that adapt to changing conditions.

Before deciding, list your goals, how much risk you are comfortable with and how long you plan to invest. It is like checking the restaurant's menu, prices and reviews before ordering.

ICICI Bank is an AMFI Registered Mutual Fund distributor. Mutual Fund investments are subject to market risk. Read all scheme related documents carefully.