which mutual fund is best for lumpsum
The best mutual fund for lumpsum investment depends on your individual financial situation and investment goals. However, some of the best mutual funds for lumpsum investment in India in 2023 include:Canara Robeco Bluechip Equity Fund
Baroda BNP Paribas Large Cap Fund
UTI Nifty200 Momentum 30 Index Fund
HDFC Top 100 Fund
Edelweiss Large Cap Fund
Parag Parikh Tax Saver Fund
Quant Tax Plan
Nippon India Large Cap Fund
SBI Bluechip Fund
Axis Focused 25 Fund
ICICI Prudential Bluechip Fund
Mirae Asset Large Cap Fund
Aditya Birla Sun Life Frontline Equity Fund
These funds have a good track record of performance and are managed by experienced fund managers. They also invest in a diversified portfolio of stocks, which helps to reduce risk.
However, it is important to note that past performance is not a guarantee of future results. You should do your own research and choose a mutual fund scheme that is aligned with your risk appetite and investment goals. You should also consider investing in a diversified portfolio of mutual fund schemes to reduce your risk.
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