Top Mutual Funds for Lump Sum Investment in 2024 | Performance Analysis

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 lump-sum. 

In this article, we will look at the best performing lump sum investment plans. 

Note: The list comprises mutual fund schemes in descending order of 5 year returns. This is in no way a recommendation that historical returns should be considered foremost before making any investment.

 

Equity mutual funds for lumpsum investment: 

 

Tata Digital India 

Time period 1 Year 3 Year 5 Year Return* 93.72% 41.42% 35.22%

To know more about the fund, click here: Tata Digital India

 

ICICI Prudential Technology

Time period 1 Year 3 Year 5 Year Return* 96.85% 42.47% 34.61%

To know more about the fund, click here: ICICI Prudential Technology 

 

Aditya Birla Sunlife Digital India

Time period 1 Year 3 Year 5 Year Return* 85.23% 40.74% 33.61%

To know more about the fund, click here: Aditya Birla Sunlife Digital India

 

SBI Tech Opportunities

Time period 1 Year 3 Year 5 Year Return* 82.19% 38.14% 29.68%

To know more about the fund, click here: SBI Tech Opportunities

 

Franklin India Technology Fund

Time period 1 Year 3 Year 5 Year Return* 57.51% 32.83% 27.04%

To know more about the fund, click here: Franklin India Technology Fund

*as on November 3, 2021.

 

Best Debt Mutual Funds For Lumpsum Investment:

 

IDFC Government Securities Constant Maturity

Time period 1 Year 3 Year 5 Year Return* 2.73% 11.31% 9.73%

To know more about the fund, click here: IDFC Government Securities Constant Maturity

 

SBI Magnum Medium Duration

Time period 1 Year 3 Year 5 Year Return* 5.23% 10.03% 9.24%

To know more about the fund, click here: SBI Magnum Medium Duration

 

SBI Magnum Constant Maturity

Time period 1 Year 3 Year 5 Year Return* 3.24% 10.03% 9.15%

To know more about the fund, click here: SBI Magnum Constant Maturity

 

IDFC Government Securities Investment Plan

Time period 1 Year 3 Year 5 Year Return* 3.46% 11.38% 8.91%

To know more about the fund, click here: IDFC Government Securities Investment Plan

 

Nippon India Gilt Securities 

Time period 1 Year 3 Year 5 Year Return* 3.62% 10.53% 8.90%

To know more about the fund, click here: Nippon India Gilt Securities 

*as on November 3, 2021.

 

Best Hybrid Mutual Funds For Lumpsum Investment:

 

Quant Absolute

Time period 1 Year 3 Year 5 Year Return* 68.16% 29.94% 20.44%

To know more about the fund, click here: Quant Absolute 

 

Quant Multi Asset

Time period 1 Year 3 Year 5 Year Return* 62.54% 29.45% 18.55%

To know more about the fund, click here: Quant Multi Asset 

 

BOI Axa Mid & Small Cap Equity & Debt

Time period 1 Year 3 Year 5 Year Return* 67.43% 23.92% 17.69%

To know more about the fund, click here: BOI Axa Mid & Small Cap Equity & Debt

 

ICICI Prudential Equity & Debt

Time period 1 Year 3 Year 5 Year Return* 75.42% 20.88% 16.98%

To know more about the fund, click here: ICICI Prudential Equity & Debt

 

Mirae Asset Hybrid Equity

Time period 1 Year 3 Year 5 Year Return* 46.32% 19.94% 16.96%

To know more about the fund, click here: Mirae Asset Hybrid Equity

*as on November 3, 2021.

This was the list of different categories of top mutual funds for lump-sum investment. 

Before investing, Investors are recommended to be aware that the choice of funds should be in terms of personal risk appetite and needs (such as only capital appreciation, both appreciation and tax benefits etc.). 

The best lump sum investment plan for you will be one that suits your investor profile. Factors such as expense ratio, fund size, fund managers should also be looked at before making a choice of investments.

Happy Investing!

Note: The returns mentioned in the schemes above are that of direct plans. 

Disclaimer: The content presented here is only for educational and informational purposes. It is not intended to be advice on what to buy or sell. 

To read the RA disclaimer, please click here.