Top 10 Mutual Funds in 2021

Which are the Top 10 Mutual Funds in 2021? This is a trending question among the investors who are thinking over the prospects of Mutual Fund investment in Pandemic and Post-Pandemic India. The second wave of the COVID 19 Pandemic has caused heavy damage to the economy. This has direct and indirect impacts on investment markets. Despite the shortcomings, so many Mutual Funds have been consistent in their returns during this time.

When a new investor decides to invest in the mutual fund industry, the first thing they mostly do is to search for the top 10 or top five mutual funds. The fact is that it is not easy to get the top mutual funds in one go; the search results provided by Google or Bing mostly provide you with the readymade list prepared by the websites mostly sponsored by several AMCs. There are few other shortcomings too. The search results hardly show you diversified schemes and you may not be able to find the scheme that you need. For instance, you are opting for mutual fund investment because you want to invest due to return and tax savings. But the result is only showing the equity-linked mutual funds or debt funds. So, the top ten results might not be as diversified as you are asking for. One more problem is that the search result might show you only the return of a mutual fund on a very short term basis. To evaluate a fund’s consistency, you need to track the return of the fund for at least 5-10 years (at least 5 years for the younger funds). 

We have made a list of the top ten mutual funds following diversification so that you can find out the suitable fund according to your needs. The return of these mutual funds have been tracked for the last five years and they have shown consistency during this investment horizon. These schemes are offered by renowned AMCs in the market and all the schemes are able to secure the CRISIL ranks between 4-5. 

Sl Number Mutual Fund Schemes AuM (Cr) YTD 1 year’s return 3 years’ return 5 years’ return
01 Mirae Asset Emerging Bluechip Fund-Growth (
Large & Mid Cap Fund) – *****		 19,567.86 23.55%
02 Axis Bluechip Fund (Large Cap Fund) – **** 29,160.60 22.35% 50.97% 18.96%
03 Edelweiss Banking and PSU Debt Fund – Direct Plan-Growth -***** 5.78% 10.68% 8.86%
04 Nippon India Corporate Bond Fund – Direct Plan – Growth (Corporate Bond Fund)

*****

 3,213.02 3.92% 6.99% 8.23% 7.88%
05 IDFC Hybrid Equity Fund – Direct plan – Growth (Aggressive Hybrid Fund)

****

 560.85 28.56% 49.67%        –
06 DSP Equity & Bond Fund – Direct Plan – (Aggressive Hybrid Fund) **** 7,233.14 46.19% 16.68% 14.86%
07 Canara Robeco Equity Tax Saver – Direct Plan – Growth (ELSS/Tax Saver) ***** 2,469.50 33.02% 63.72% 20.94%
08 SBI Contra Fund – Direct Plan – Growth (Contra Fund) ***** 2,704.36 77.31% 14.79%
09 Kotak Small Cap Fund – Direct Plan-Growth (Small Cap Fund) ***** 58.61% 102.54% 27.77%
10 IDFC Sterling Value Fund – Direct Plan – Growth (Value Fund) ***** 50.55% 86.15% 17.23%

Disclaimer: The list of these top 10 mutual funds is based on research that surveyed all existing schemes in the market. Few things have been taken as parameters for evaluation like Asset Under Management (AuM), CRISIL rank, growth of returns, volatility, risk factors etc. Only those funds have been chosen that have shown consistency in returns and did not face loss in the last 1 to 5 years’ returns. All types of funds have been chosen in the list so that the investors can get a clear cut idea to make a diversified investment portfolio. However, this representation of data is subjective and the choice of top ten mutual funds may vary from person to person. For genuine advice for investments, consult an AMFI registered Mutual Fund distributor.

*Data as of 4 September 2021

*Source of Statistics: Money Control