Best Mutual Funds – 36 Mutual Funds That Have Consistently Given Positive Returns

Best Mutual Funds

Mutual funds have emerged as a popular investment avenue for those who prefer not to directly engage with the stock market but still wish to reap its benefits. Among the vast landscape of mutual funds in India, 36 equity mutual fund schemes stand out for their remarkable consistency in delivering positive returns every year. This essay explores the significance of these funds, their performance during the tenure of Prime Minister Narendra Modi, and provides an in-depth look at each of these high-performing mutual funds.

The Rise of Mutual Funds as a Preferred Investment

Mutual funds have become an attractive investment option for retail investors due to their ability to offer diversified exposure to the stock market. They allow investors to pool their money, which is then managed by professional fund managers who invest in a diversified portfolio of stocks, bonds, and other securities. This approach helps in spreading risk and optimizing returns.

The increasing popularity of mutual funds can be attributed to several factors:

1. Professional Management: Mutual funds are managed by experienced professionals who have the expertise to make informed investment decisions.
2. Diversification: By investing in a variety of securities, mutual funds reduce the risk associated with individual stock investments.
3. Accessibility: With a relatively low minimum investment requirement, mutual funds are accessible to a wide range of investors.
4. Liquidity: Most mutual funds offer high liquidity, allowing investors to redeem their units as per their convenience.

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Mutual Funds and Market Performance

The stock market has witnessed significant growth in recent years, driven by strong economic fundamentals and favorable government policies. This growth has, in turn, positively impacted mutual funds, leading to increased participation from retail investors. The robust performance of mutual funds is evident from the fact that out of over 290 equity and equity-based mutual funds available in the Indian market for more than 10 years, 36 funds have consistently delivered positive annual returns.

Political and Economic Context

The performance of mutual funds over the past decade coincides with the tenure of Prime Minister Narendra Modi, who has been in power since 2014. His administration has implemented several economic reforms aimed at enhancing the business environment, boosting investor confidence, and promoting economic growth. As the country eagerly awaits the outcome of the seven-phase voting for the 18th Lok Sabha, exit polls predict a third consecutive term for Prime Minister Modi. The stock markets, reflecting this optimism, have shown strong progress.

The Consistent Performers: 36 Equity Mutual Funds

Equity mutual funds, which invest primarily in stocks, have shown remarkable resilience and consistency. Out of the 293 mutual fund schemes in the market for over 10 years, 36 have managed to deliver positive returns year after year from 2014 to 2023. This performance highlights their strong management and strategic investment approaches. Let’s delve into the specifics of these high-performing mutual funds:

1. Aditya Birla Sun Life Arbitrage Fund
2. Aditya Birla Sun Life Balanced Advantage Fund
3. Axis Arbitrage Fund
4. Bandhan Arbitrage Fund
5. Bandhan Equity Savings Fund
6. Canara Robeco Consumer Trends Fund
7. Canara Robeco Equity Savings Fund
8. Canara Robeco Equity Hybrid Fund
9. DSP Dynamic Asset Allocation Fund
10. Edelweiss Arbitrage Fund
11. Edelweiss Equity Savings Fund
12. Edelweiss Large Cap Fund
13. HDFC Equity Savings Fund
14. HDFC Arbitrage WP
15. HSBC Arbitrage Fund
16. HSBC Balanced Advantage Fund
17. ICICI Prudential Balanced Advantage Fund
18. ICICI Prudential ELSS Tax Saver Fund
19. ICICI Prudential Equity Savings Fund
20. ICICI Prudential Equity Arbitrage Fund
21. ICICI Prudential FMCG Fund
22. ICICI Prudential Multicap Fund
23. Invesco India Arbitrage Fund
24. JM Arbitrage Fund
25. Kotak Equity Arbitrage Fund
26. Kotak Equity Savings Fund
27. LIC Mutual Fund Equity Savings Fund
28. Mirae Asset Great Consumer Fund
29. Nippon India Arbitrage Fund
30. Nippon India Balanced Advantage Fund
31. PGIM India Arbitrage Fund
32. PGIM India Equity Savings Fund
33. SBI Arbitrage Opportunities Fund
34. Sundaram Balanced Advantage Fund
35. Sundaram Equity Savings Fund
36. Tata Equity Savings Fund

Conclusion

The consistent performance of these 36 mutual funds over the past decade highlights their resilience and the efficacy of their investment strategies. These funds have managed to deliver positive returns each year, showcasing their ability to navigate market fluctuations and capitalize on growth opportunities.

Investing in mutual funds can be a smart way to participate in the stock market’s growth while managing risk through diversification and professional management. However, it is important to remember that past performance is not a guarantee of future results. Investors should conduct thorough research and consider seeking advice from SEBI-approved financial experts before making investment decisions.

**Disclaimer: The above information is for educational purposes only. It is not an investment recommendation