Start your investment journey through Mutual Fund. Increase
your wealth through invest your money in MF. Mutual Fund can give opportunity
to its investor that the investor can diversify their investment. If you have
no enough money to invest like lump sum, Mutual Fund can give you the opportunity
to invest through Systematic Investment Plan (SIP) with minimum amount.
Through SIP you can beat inflation in long run and
participate in the stock market’s potential to increase your wealth.
In this article, we are picked up Best Mutual Fund to invest in 2024 in
the large cap category as per data available on the internet. In large cap
category we invest money for security purpose as not to lose your capital and
as well as beat inflation.
Here is the Best
Mutual Fund to invest in 2024 in the large cap category
In the large cap category, the top most trustable
mutual fund in terms of its’ performance is HDFC Index S&P BSE Sensex Fund. Large Cap (Index)/Direct Growth
Plan.
|
Fund Returns(%) for 1Year |
18.7 |
|
Fund Returns(%) for 3 Years |
14.7 |
|
Fund Returns(%) for 5 Years |
15.7 |
|
Fund Returns(%) for all |
13.3 |
|
Expense Ratio (%) |
0.2(inclusive of GST) |
|
Exit Load |
0.25% if redeemed within 3 days |
|
Stamp duty on investment |
0.005%( from July 1st,2020) |
|
Tax implications |
If you redeem before 1 year you will pay 15%. |
Q: Why will you pick this HDFC Index S&P BSE Sensex Fund Mutual Fund?
A: You should pick this mutual fund because its
exit load is very low, with only 0.2% (inclusive of GST). And it is an Index
Fund which invest in 30 blue chip companies for diversify & secure your
money. Many of the times index fund can do better performance than any actively
managed fund.
Q: What is the minimum amount for SIP?
A: The minimum amount for SIP is 100 rupees.
