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There are many best mutual fund schemes available for investment right now in India. There are different categories. Some are:

Large Cap Funds

These are Mutual Funds that invest predominantly in Large-Cap (Blue-Chip) Stocks. The Fund Managers decide on which blue-chip stock to invest and when to buy/sell them. The Best 3 Large Cap Funds as of now are:

1. Franklin India Bluechip Fund

2. HDFC Top 200 fund

3. ICICI Prudential Focused Bluechip Equity Fund

Diversified Equity Funds

These are Mutual Funds that invest in a variety of stock sizes. The Fund Manager decides on the exposure to large-cap, mid-cap and small-cap stocks. Based on the market movement, investment decisions to go heavyweight or underweight on a category of stocks too will be taken. The Best 3 Diversified Equity Funds as of now are:

1. Fidelity Equity Fund

2. Franklin India Prima Plus

3. HDFC Equity Fund

etc

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Q: What is the best mutual funds in India?
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Related questions

Who is the controlling authority for mutual funds?

The Securities and Exchanges Board of India SEBI and The Association of Mutual Funds in India (AMFI) control the Mutual Funds in India


Is income from mutual funds are taxable in India?

No.


What are some of the best mutual funds available?

There are many good mutual funds available. According to CNN, some of the best mutual funds available include the American Funds American Mutual A and Sound Shore.


How can I find out more about best mutual funds?

Everyone has a different opinion as to which mutual funds are the best or worst. It depends on the experience that each person has had with the mutual funds.


How many mutual fund companies in India?

the he number of Companies in India have increased at an impressive rate in the last few decades. Most of the Indian Companies have tasted tremendous success due to the massive industrialization that has taken place. More and more foreign companies are either holding hands with some of the Companies in India by entering into a partnership with them or they are building up their own offices and branches in India. The various Companies in India like the Engineering Companies in India , Software Companies in India , Food & Beverage Companies in India , Iron & Steel Companies in India , Pharmaceutical Companies in India and many others are helping in the speedy development of the Indian economy.


What is AMFI?

Association of Mutual Funds of India(AMFI)


What does AMFI stands for?

Association of Mutual Funds in India


Who owns mutual funds?

Although mutual funds are usually initiated and often indirectly managed by investment companies, shareholders own the funds


Why mutual funds are not popular in south India?

Unfortunately this is a Myth. Mutual Funds are very popular in South India and even investors from Rural Areas are starting to invest in MFs


Where can you find the best mutual funds?

To find the best mutual funds, it is important to talk to a chartered accountant, who will find the service that is right for you.


How many mutual funds are in India?

in India there is almost 34 mutual fund houses are active as on APRIL 2008 gmrpraveen@gmail.com


What service does Mutual Funds in India provide?

The Mutual Funds Group of India offer global marketing and portfolio management. This group also deals in selling of properties to internationally based companies.