Top 10 – Best Mutual Funds to Invest in 2024 India for Long Term

Are you looking answers for which are the best mutual funds to invest in 2024 India or best mutual funds to invest in for long term or best mutual funds to buy along with best performing mutual funds in last 10 years and last 5 years, then you are at right place. Now in year 2024 people are looking forward for the good investment options to invest in for long term planning.

Today in this article we are going to discuss only on top 10 – best mutual funds to invest in 2024 India. Our teams are continuously performing lots of research before recommending our reads. Here we have filtered the top 10 – best performing mutual funds in last 10 years based on hundreds of parameters. Our teams are writing this based on several years of experience into Indian financial markets. We understand the benefits of correct information required by customers. Our only objective here is intended to give you the best knowledge as possible.

Top 10 – Best Mutual Funds to Invest in 2024 India for Long Term

Now it’s turn to look into in detail. In the below table we have shown best performing mutual funds in last 10 years. We are going to further going to calculator the best mutual funds next 10 years returns based on this table. It took us long time to figure it out the best mutual funds to invest in 2024 India. Hope you will also find this information useful for your financial planning.

Sr.	Scheme Name	Category Name	2 Yrs	3 Yrs	5 Yrs
1	Motilal Oswal Midcap Fund – Direct Plan – Growth	Mid Cap Fund	26.80%	36.48%	25.61%
2	Nippon India Growth Fund – Direct Plan – Growth	Mid Cap Fund	26.57%	32.93%	25.47%
3	Quant Small Cap Fund – Direct Plan – Growth	Small Cap Fund	28.81%	46.61%	33.62%
4	Bank of India Small Cap Fund – Direct Plan – Growth	Small Cap Fund	20.21%	35.46%	32.53%
5	Mahindra Manulife Multi Cap Fund – Direct Plan – Growth	Multi Cap Fund	19.50%	29.84%	24.44%
6	Kotak India Growth Fund – Series IV – Direct Plan – Growth	Multi Cap Fund	21.91%	28.24%	26.41%
7	Quant Infrastructure Fund – Direct Plan – Growth	Sectoral/Thematic	24.58%	42.17%	31.97%
8	Bank of India Manufacturing & Infrastructure Fund – Direct Plan – Growth	Sectoral/Thematic	24.67%	33.34%	26.21%
9	JM Value Fund – (Direct) – Growth	Value Fund	26.06%	29.66%	22.67%
10	ICICI Prudential Value Discovery Fund – Direct Plan – Growth	Value Fund	23.84%	28.50%	21.54%
	Average Annualized Returns:		24.30%	34.32%	27.05%

Note: (1) AUM here refers to Assets Under Management. Its a measures / ratio to determine the total market value of the financial assets which a Mutual Fund company holds. (2) MF here is the short name for Mutual Funds. For example when we say Best MF to Invest in 2024 India which determine that we intend to specify best mutual funds to invest in 2024 India.

Looking at the past performance of top mutual funds with top best mutual funds sectors / categories. It conclude that when we diversify our mutual funds investment into different categories like Large Cap Funds, Small & Mid Cap Funds, Equity Mutual Funds, Multicap Fund and Focused Equity Fund, One can make a handsome of money which is enough money go get funds for retirement.

Investing in top 10 – best mutual funds to invest in India 2024 is one of the easiest ways of making handsome money to get retired with low risk in long run. Make a habit or behavior of diversifying into different mutual fund sectors so that you do not end-up into high risk by miss the good returns for other best MF to invest sectors.

Every person have different aspiration. There may be people who will be more interested in investing best stocks to buy either best stocks for long term investment, where are other person will be only classified with best dividend paying stocks. Here we are going to focus only on best mutual funds next 10 years based on above data. You should consider this data for your analysis and research purpose when you are picking best performing mutual funds in last 10 years.

Best Performing Mutual Funds in Last 10 Years

Lets take an example to understand what I am saying. Assume that you wish to stay invested in best Indian Mutual Funds for next 20 years with capital investment of INR 10,00,000/- in year 2024, Let’s look below the table to understand how much money you can make by investment diversification based on best performing mutual funds in last 10 years data.

Sr.	Investment / Returns Details	Investment / Returns Amount	Annualized Returns
1	Initial Investment Amount (Principal Invest in 2024 year)	10,00,000.00	0%
2	Returns on Investment (in next 5 years – 2029 year)	33,10,345.68	27.05%
3	Investment Returns (in next 5 years – 2034 year)	1,09,58,388.52	27.05%
4	Returns on Investment (in next 5 years – 2039 year)	3,62,76,054.09	27.05%
5	Investment (in next 5 years – 2044 year)	12,00,86,278.94	27.05%

Continue to our above example, Based on best performing mutual funds in last 10 years we conclude the average returns of 16% annualized returns every next 10 years.

In above table you can see that your initial capital investment of INR 10,00,000/- will give you the handsome returns in next 10 years after calculating average of best performing mutual funds in last 10 years.

Now that you decided to invest in top 10 – best mutual funds for long term for next 10 years, then return on investment amount would be a magical figure for you, which is mentioned above.

For next 10 years, average returns of top 10 – best mutual funds to invest in 2024 India would be considered. You can look at the above table for calculating average returns of best mutual funds next 10 years.

If you are also interested in investing in stocks, then you should also consider reading these best large stocks to buy for long term safe option, best mid stocks to buy along with these best small stocks to buy for maximizing your returns on investment.

There have always been upside and downside in the financial markets. There are days of bearish market as well as bullish market. When you compare your returns keeping in mind long term gains, you will find the returns on best stocks, best mutual funds with upside growth potential is fascinating and its not possible to reach there with normal savings or fixed deposits.

Conclusion

This bring me here to conclude my several years of research. In this article you have seen the top 10 – best mutual funds to invest in India for 2024-2025. We have also seen some of the best performing mutual funds in last 10 years and some of the best mutual funds to invest in for long term. Hope that you will find this top performing mutual funds interesting for your portfolio and also you will find best mutual funds to invest in India is quite simple and interesting. Do write us your comments and feedback’s, so that next time I can present you some thing better than the best.

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