What are the best growth stock mutual funds? (2024)

What are the best growth stock mutual funds?

They may also complement value stocks or other mutual funds. These funds can perform strongly for investors seeking solid returns. However, they may be riskier than other fund options. Consider your personal risk tolerance when deciding whether or not growth mutual funds or ETFs are a good fit.

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Which mutual fund has highest growth?

Fund House Fund Category Fund Rank and Ratios Fund Parameters Investment Parameters Filter
Scheme NamePlan5Y
Quant ELSS Tax Saver Fund - Direct Plan - GrowthDirect Plan33.24%
DSP ELSS Tax Saver Fund - Direct Plan - GrowthDirect Plan19.96%
HDFC ELSS Tax saver - Direct Plan - GrowthDirect Plan17.75%
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What are the top 5 performing mutual funds?

Best-performing U.S. equity mutual funds
TickerName5-year return (%)
PBFDXPayson Total Return16.73%
FGRTXFidelity Mega Cap Stock16.52%
STSEXBlackRock Exchange BlackRock16.27%
USBOXPear Tree Quality Ordinary16.13%
3 more rows
Mar 29, 2024

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What are the 10 best growth stocks?

10 Best Growth Stocks to Buy for 2024
StockExpected Change in Stock Price*
Tesla Inc. (TSLA)61%
Mastercard Inc. (MA)14.2%
Salesforce Inc. (CRM)7.2%
Advanced Micro Devices Inc. (AMD)11.3%
6 more rows
Mar 25, 2024

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Are growth mutual funds a good investment?

They may also complement value stocks or other mutual funds. These funds can perform strongly for investors seeking solid returns. However, they may be riskier than other fund options. Consider your personal risk tolerance when deciding whether or not growth mutual funds or ETFs are a good fit.

(Video) What is a growth stock mutual fund?
(Dollar for Dollar)
Which mutual funds give 30% return?

The other funds in the list were Tata Small Cap Fund, Bandhan Small Cap Fund, HDFC Mid Cap Opportunities Fund, and Canara Robeco Small Cap Fund. These schemes gave 30.73%, 30.13%, 30.10%, and 30% returns respectively.

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Which mutual fund is best for next 5 years?

Best SIP Plans for 5 Years to invest (Debt)
FundAUM (In Crs)5 Yr Return (%)
ICICI Prudential All Seasons Bond Fund Direct Plan Growth₹11914 Cr8.35 %
SBI Dynamic Bond Fund Direct Growth₹3070 Cr7.99 %
Kotak Dynamic Bond Direct Growth₹2544 Cr7.7 %
Bandhan Dynamic Bond Fund - Direct Plan - Growth₹2337 Cr7.64 %
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What is the safest mutual fund?

The 3 Safest Mutual Funds to Buy Now
STSEXBlackrock Exchange Portfolio$1,836.46
PRDGXT. Rowe Price Dividend Growth Fund$66.00
VWESXVanguard Long-Term Investment-Grade Fund$7.93
Jun 5, 2023

(Video) What Mutual Funds Should I Invest In?
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What is the safest investment with the highest return?

Here are the best low-risk investments in April 2024:
  • High-yield savings accounts.
  • Money market funds.
  • Short-term certificates of deposit.
  • Series I savings bonds.
  • Treasury bills, notes, bonds and TIPS.
  • Corporate bonds.
  • Dividend-paying stocks.
  • Preferred stocks.
Apr 1, 2024

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What is the best mutual fund right now?

Summary: Best Mutual Funds
Fund (ticker)10-Year Avg. Ann. Return
Schwab S&P 500 Index Fund (SWPPX)12.99%
Shelton Nasdaq-100 Index Investor Fund (NASDX)18.21%
Schwab Fundamental US Large Company Index Fund (SFLNX)11.71%
Fidelity Intermediate Municipal Income Fund (FLTMX)2.28%
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Apr 1, 2024

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What stocks will skyrocket in 2024?

2024's 10 Best-Performing Stocks
Stock2024 return through March 31
Avidity Biosciences Inc. (RNA)182%
Arcutis Biotherapeutics Inc. (ARQT)206.8%
Janux Therapeutics Inc. (JANX)250.9%
Trump Media & Technology Group Corp. (DJT)254.1%
6 more rows

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Which stock will double in 6 months?

6 months double
S.No.NameNP Qtr Rs.Cr.
1.Jai Balaji Inds.234.60
2.Waaree Renewab.64.46
3.Insolation Ener15.04
4.SG Mart33.65
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What are the best growth stock mutual funds? (2024)
Which stock will double in 1 month?

Stocks with good 1 month returns
S.No.NameCMP Rs.
1.Hindustan Zinc399.00
2.Lloyds Metals728.00
3.NMDC238.00
4.Mazagon Dock2203.40
23 more rows

Who has the best growth fund?

  • Vanguard Growth Index Fund Admiral Shares (VIGAX)
  • Fidelity Blue Chip Growth Fund (FBGRX)
  • SPDR Portfolio S&P 500 Growth ETF (SPYG)
  • iShares Russell 1000 Growth ETF (IWF)
  • Schwab U.S. Large-Cap Growth ETF (SCHG)
  • Invesco S&P 500 GARP ETF (SPGP)
  • Invesco NASDAQ 100 ETF (QQQM)
Apr 2, 2024

When should you not invest in mutual funds?

Lack of Control. Because mutual funds do all the picking and investing work, they may be inappropriate for investors who want to have complete control over their portfolios and be able to rebalance their holdings on a regular basis.

What are the disadvantages of growth mutual funds?

While it offers the potential for high returns, it also comes with certain disadvantages, such as higher risk, potential for market volatility, and higher fees. Before investing in growth mutual funds, investors must consider investment goals, risk tolerance, and fund fees and expenses.

What if I invest $1,000 a month in mutual funds for 20 years?

If you invest Rs 1000 for 20 years , if we assume 12 % return , you would get Approx Rs 9.2 lakhs. Invested amount Rs 2.4 Lakh. Hope that helps.

What if I invest $1,000 in mutual funds for 10 years?

(You must convert the rate of return to the monthly figure through dividing by 12). You also have n = 10 years or 120 months. FV = Rs 1,84,170. So, the future value of a SIP investment of Rs 1,000 per month for 10 years at an estimated rate of return of 8% is Rs 1,84,170.

What is the 75 5 10 rule for mutual funds?

Diversified management investment companies have assets that fall within the 75-5-10 rule. A 75-5-10 diversified management investment company will have 75% of its assets in other issuers and cash, no more than 5% of assets in any one company, and no more than 10% ownership of any company's outstanding voting stock.

How many years should I invest in mutual funds?

For most mutual funds categories, there is no prescribed holding period, however factors such as exit load, capital gains tax, performance, liquidity and financial goals should be taken into consideration when deciding the ideal period to stay invested in a scheme.

Which mutual fund is best for 2024?

Best value mutual funds to invest in April 2024:
  • Invesco India Contra Fund.
  • Bandhan Sterling Value Fund.
  • Nippon India Value Fund.
  • ICICI Prudential Value Discovery Fund.
Apr 12, 2024

Where can I get 10 percent return on investment?

Investments That Can Potentially Return 10% or More
  • Stocks.
  • Real Estate.
  • Private Credit.
  • Junk Bonds.
  • Index Funds.
  • Buying a Business.
  • High-End Art or Other Collectables.
Sep 17, 2023

What are the five cons of a mutual fund?

Potential Cons
  • High fees. Mutual funds have expenses, typically ranging between 0.50% to 1%, which pay for management and other costs to operate the fund. ...
  • Market risk. Just as with stocks and bonds, mutual funds generally have market risk, meaning that prices can fluctuate up and down. ...
  • Manager risk. ...
  • Tax inefficiency.
Oct 6, 2023

Which mutual fund is best for no risk?

Details of Best Low Risk Mutual Fund Schemes
  • Quant Multi Asset Fund. The Quant Multi Asset Fund is an open-ended multi-asset allocation scheme from Quant Mutual Fund. ...
  • ICICI Prudential Equity & Debt Fund. ...
  • ICICI Prudential Multi Asset Fund. ...
  • Edelweiss Aggressive Hybrid Fund. ...
  • Baroda BNP Paribas Aggressive Hybrid Fund.

Should a 70 year old be in the stock market?

Conventional wisdom holds that when you hit your 70s, you should adjust your investment portfolio so it leans heavily toward low-risk bonds and cash accounts and away from higher-risk stocks and mutual funds. That strategy still has merit, according to many financial advisors.

References

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