some of the best mutual funds to start SIP in 2023 based on the provided information:
– NAV: Rs. 479.13 (as of September 26, 2023) – Returns: 14.52% p.a. since inception – Description: Ideal for investors looking for stability and moderate growth with a mix of top 100 companies.
– NAV: Rs. 226.92 (as of September 26, 2023) – Returns: 20.54% p.a. since inception – Description: Suitable for investors with a higher risk appetite, aiming for substantial long-term growth in the small-cap sector.
– CAGR: 35.12% in the past year – Assets: Rs 5,683 crore – Description: A compelling choice for SIP investors looking for long-term wealth creation, with investments primarily in small-cap equities.
– NAV: Rs. 52.5 (as of September 26, 2023) – Returns: 14.63% p.a. since inception – Description: Offers a blend of large-cap security with growth potential, backed by Canara Robeco's strategic asset allocation
– Assets: Rs 5,585 crore – Description: Provides a diversified approach to wealth creation, investing across a broad spectrum of equity and equity-related securities.
Remember that while selecting mutual funds, it's crucial to consider your risk tolerance, investment horizon, and financial objectives.
Diversifying your investments across various fund types can help create a balanced investment portfolio.