HDFC Mutual Fund: Double your money in these tried & tested number 1 rating schemes!

HDFC Mutual Fund: It is necessary to do research before investing in mutual funds. One should not invest in any such scheme which is not best or which has less rating. The best way to choose scheme is to check its rating and do research about the scheme. This article is giving you information about 4 schemes of HDFC Mutual Fund, which have been rated number 1 by rating agency CRISIL. (HDFC Mutual Fund)

Schemes that are included HDFC Mutual Fund’s schemes which have been given No. 1 rating by CRISIL are HDFC Top 100 Fund (1 Largecap Fund), HDFC Tax Saver Fund (ELSS), HDFC Flexi Cap Fund (Flexi Cap) and HDFC Focused 30 Fund (Focused Fund).

Performance of scheme

When we talk of best mutual fund schemes of HDFC Mutual Fund, it means No. 1 rated fund as per CRISIL. These mutual fund schemes have performed well over the years.

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HDFC Mutual Fund: Better return in 3 years

The 3 year returns of most of the mutual fund schemes have been better, as the stock market fell when covid arrived and after that the market has gone up continuously. Due to this, the returns of most mutual fund schemes have been strong. It would be a bit farfetched to expect similar returns again in the next 3 years. Also, due to the rapid increase in interest rates, investors are also getting very good returns from fixed deposits.

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Mind the risk

Before investing in mutual funds, one should first do research about the risk associated with them. If you are a risk averse investor, it is better to look for low risk options from the debt fund segment. As far as equity mutual funds are concerned, experts believe that the returns in the next few years could be at par with bank deposits. Those who invest now can make substantial profits in the years to come. It is also observed that the stock market returns have been flat in the last one year. So in any case, it is always difficult to predict the outcome of returns, be it stock market or mutual fund schemes.

Disclaimer: Investment advice is not being given here. Therefore, before investing, take advice from financial advisor.

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