Lump sum money is a large chunk of money. It could be in thousands, lakhs, or any other large amount invested at once. If an investor wishes to invest a significant amount of money in one go, mutual funds offer the option of investing in a lump sum.
In this blog, we have listed the Best Mutual Funds for Lumpsum Investments in 2023.
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Mutual Funds for Lumpsum Investments |
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Equity Mutual Funds |
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Debt Mutual Funds |
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Hybrid Mutual Funds |
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You can invest a large sum in mutual funds if you choose to invest in lump sums. As a result, as the market grows, the value of the investment grows as well.
In case you manage to set aside a lump sum amount for a longer period of time, say five years or more, investing in mutual funds will be a better option; plus, if you manage to keep it for a decade, the benefits will be enormous.
Putting your lump-sum cash into mutual funds when the market conditions are at their lowest point but displaying signs of progress and future growth is known as the best time when you will make the most money as an investor but even so, lump-sum investments in Mutual Funds should be eliminated if the market is excelling and maximizing as you might find yourself in a losing situation.
Canara Robeco BlueChip Equity Fund Direct-Growth is an Equity Mutual Fund Scheme launched by Canara Robeco Mutual Fund and is the Best Lumpsum Mutual Fund. The fund seeks to provide capital appreciation by predominantly investing in companies having a large market capitalization.
Baroda BNP Paribas Large Cap Fund Direct-Growth is an Equity Mutual Fund Scheme launched by BNP Paribas Mutual Fund and is considered as the best lump sum investment plan.
The Scheme seeks to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity-related securities by predominantly investing in large market capitalization companies.
UTI Nifty200 Momentum 30 Index Fund Direct-Growth is an "Other" Mutual Fund Scheme launched by UTI Mutual Fund and is a Best Mutual Fund for Lumpsum Investment. The scheme seeks to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Nippon India Credit Risk Fund Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund and the Best Lumpsum Investment plan. The scheme aims to generate optimal returns consistent with moderate levels of risk.
It will invest at least 65 percent of its assets in debt instruments with a maturity of more than 1 year and the rest in money market instruments (including cash or call money and reverse repo) and debentures with a maturity of less than 1 year.
HDFC Credit Risk Debt Fund Direct-Growth is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. The scheme seeks to generate income/capital appreciation by investing predominantly in AA and below-rated corporate debt. It is one of the best mutual funds for lumpsum investment in India.
ICICI Prudential Regular Savings Fund Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. The scheme seeks to generate long-term capital appreciation by investments in the money market and debt instruments.
Aditya Birla Sun Life Equity Hybrid '95 Fund Growth is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund, one of the best lumpsum investment options. The scheme seeks to generate long-term growth of capital and current income, through a portfolio investing in equity, debt, and money market securities. The secondary objective is income generation and distribution of dividends.
ICICI Prudential Equity & Debt Fund Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. Investment Objective. The scheme seeks to generate long-term capital appreciation and current income by investing in a portfolio that is investing in equities and related securities as well as fixed income and money market securities.
Quant Absolute Fund Direct-Growth is a Hybrid Mutual Fund Scheme launched by Quant Mutual Fund. The scheme seeks to provide long-term capital appreciation and current income with a mix of fixed income securities and equity instruments.
This was the list of the Best Mutual Funds for Lumpsum Investments.
Before investing in the best lump sum investment plan 2023, investors should be aware that the funds they choose should be based on their personal risk tolerance and needs (such as only capital appreciation, both appreciation and tax benefits, etc.).
Your best lumpsum mutual fund investment plan will be one that fits your investor profile. Before making an investment decision, consider factors such as expense ratio, fund size, and fund managers. Also, estimate your possible returns with a SIP Calculator Online. It can give you an idea about your possible returns and help you plan your investments wisely.
Happy Investing!