Specifically through SIP, people invest in various funds. In the last year, there have been many mutual funds that have given returns of more than 25%. Let's look into such mutual funds.
Quant Multi Asset Fund Direct:
Growth fund size: Rs 3,250 crore. Last 1 year return 37.54% and expense ratio 0.62%.
Mahindra Manulife Aggressive Hybrid Fund Direct:
Last 1 year return 28.96% and expense ratio 0.48%.
UTI Multi Asset Allocation Fund Direct:
Fund size: Rs 4,415 crore. Last 1 year return 28.33% and expense ratio 0.67%.
ICICI Prudential Equity and Debt Fund:
Fund size: Rs 40,203 crore. Last 1 year return 26.54% and expense ratio 0.98%.
Kotak Equity Hybrid Fund Direct:
Fund size: Rs 6,606 crore. Last 1 year return 27.59% and expense ratio 0.45%.
UTI Aggressive Hybrid Fund Direct:
Fund size: Rs 6,110 crore. Last 1 year return 26.49% and expense ratio 1.24%.
Edelweiss Aggressive Hybrid Fund Direct:
Fund size: Rs 2,195 crore. Last 1 year return 26.47% and expense ratio 0.38%.
HDFC Balanced Advantage Fund Direct:
Fund size: Rs 94,865. Last 1 year return 25.53% and expense ratio 0.74%.
Disclaimer: Investing in the stock market or any other sector is risky. It is essential to seek expert advice before investing.