Maximise your investment potential with these top mutual funds for September 2024.
In September 2024, investors who want to strike a balance between growth, stability, and diversity are still drawn to the Indian mutual fund industry. Choosing the best fund could be difficult because there are so many options on the market. Still, you may make better financial choices if you concentrate on highly performing, well-managed mutual funds. To help you make an educated decision, this article explores the top three mutual funds for September 2024.
Mutual funds are financial instruments used to invest in a diverse portfolio of stocks, bonds, and other assets by pooling the money of several participants. They are overseen by qualified fund managers whose goal is to minimise risks and maximise rewards. Investors in mutual funds benefit from the collective buying power, allowing them to access a wider range of investments than they could individually.
Mutual funds are divided into a number of categories, such as debt, hybrid, equity, and sector-specific funds. Each kind is made to accommodate a certain set of risk tolerance and financial objectives. Mutual funds are now even more accessible to normal investors thanks to SIP (Systematic Investment Plan) choices, which enable steady smaller-scale investments.
Mutual funds are financial instruments used to invest in a diverse portfolio of stocks, bonds, and other assets by pooling the money of several participants. They are overseen by qualified fund managers whose goal is to minimise risks and maximise rewards. Investors in mutual funds benefit from the collective buying power, allowing them to access a wider range of investments than they could individually.
Mutual funds are divided into a number of categories, such as debt, hybrid, equity, and sector-specific funds. Each kind is made to accommodate a certain set of risk tolerance and financial objectives. Mutual funds are now even more accessible to normal investors thanks to SIP (Systematic Investment Plan) choices, which enable steady smaller-scale investments.
Your investment horizon, risk tolerance, and financial objectives must all be carefully taken into consideration when selecting the best mutual fund. The best three mutual funds for September 2024 are listed below based on performance statistics, expert opinions, and general market trends:
Bajaj Finserv has made significant strides in the mutual fund space, offering a wide array of funds catering to different investor profiles. The Bajaj Finserv Balanced Advantage Fund stands out for September 2024, known for its balanced approach to managing equity and debt components.
Fund Overview: The goal of this hybrid mutual fund is to dynamically modify the mix of debt and equity to provide a balance between growth and stability.
Performance: The fund has produced competitive returns over the last five years despite market volatility. Investors seeking moderately exposed capital growth over the long term should consider it highly.
The user-friendly platform of Bajaj Finserv allows investors to explore, compare, and choose from over 1,000 mutual fund schemes. The Mutual Fund Calculator and other tools available on the platform ensure that your investment journey is seamless.
The Mirae Asset Large Cap Fund is a great choice for investors who wish to put their money into big, well-known businesses. It focusses on blue-chip businesses that have a solid performance and stability history.
Fund Overview: The fund primarily invests in the top 100 companies by market capitalisation. These companies offer stability and the potential for steady long-term growth.
Performance: The fund has consistently outperformed its peers in the large-cap category, making it one of the most reliable funds for wealth creation.
Another excellent performer in the large-cap space is the Axis Bluechip Fund, which is highly regarded for its disciplined investment approach and consistent returns.
Fund Overview: This mutual fund invests primarily in large-cap stocks, focusing on companies with strong fundamentals and the potential for sustainable growth.
Performance: For investors seeking to strike a balance between risk and return, the Axis Bluechip Fund continues to be a top option thanks to its outstanding returns in both bull and downturn markets.
This fund is ideal for conservative investors aiming for long-term wealth creation without excessive risk.
Choosing the right mutual fund might have a huge impact on your financial journey. The top-performing funds as of September 2024 are Axis Bluechip Fund, Mirae Asset Large Cap Fund, and Bajaj Finserv Balanced Advantage Fund; each offers a unique blend of growth, risk management, and flexibility. These funds give you a strong platform for building long-term wealth, regardless of your level of experience.
Ensure that your investment journey is smooth with Bajaj Finserv. Their platform offers more than 1,000 mutual fund schemes, where you can compare mutual funds, access the Mutual Fund Calculator, and make educated choices. Bajaj Finserv’s tools make investing in mutual funds a more enriching experience, designed for investors who want convenience and performance.
While several mutual funds have performed well, the Bajaj Finserv Balanced Advantage Fund, Mirae Asset Large Cap Fund, and Axis Bluechip Fund are considered top choices for 2024 due to their solid track record and market resilience.
SIP investing involves making regular, fixed-amount investments in mutual funds at predetermined periods. This approach is ideal for people who want to invest regularly without needing a big lump payment since it helps to average out market volatility.
Mutual funds have risks just like any other type of investing. Though debt mutual funds are often safer, they may provide lesser returns than equity mutual funds, which pose larger risks and potentially better rewards.
With as little as Rs. 500, you may begin investing in mutual funds through SIPs. As a result, you may gradually increase the size of your portfolio.
FD & The Power of Compounding
Make your money work hard with FD
Why choose Bajaj Finance Fixed Deposit
How to invest in mutual funds
Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.
You can use the Bajaj Finserv App to:
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.
Now request money from your friends and family and make instant payments.
