Investment in mutual funds is increasing day by day in India at consistent rate. In March 2017, mutual fund’s asset under management (AUM) reached to record high. In the closing month of last FY total AUM was INR 18 Lac 30 Thousand Cr. Last year total 70 lac new investors have invested money in MF which resulted in the rise of investor portfolio which reached to INR 5 Crore 40 Lac.
Top Mutual Funds which have given Excellent Returns Last Year
Large Cap Funds : In the large cap MF category ICICI Pru Select, Quantum Long Term Equity and SBI Bluechip Fund – Direct plans have given best ROI to the investors. ICICI Pru Select has given 19.45% returns, Quantum Long Term Equity has given 25.56% returns.