Best Low Risk Mutual Funds To Invest in India in 2024

Mutual Funds: All About Mutual Funds

Mutual funds are a popular investment option for individuals looking to grow their wealth over the medium to long term. They offer the opportunity for moderate returns while managing risk through a diversified portfolio. One way to achieve this is by having a balanced mix of different asset classes like equity, debt, and gold.

In this article, we will explore some of the best low risk mutual funds in India, which provide a balance between risk and returns for medium-to-long term investments.

Here are a few top low risk mutual funds that have demonstrated good returns with strong downside protection:

1. Quant Multi Asset Fund: This fund has an AUM of ₹2,400 Crs. It has delivered a return of +30.59%.

2. ICICI Prudential Equity & Debt Fund: With an AUM of ₹35,122 Crs, this fund has delivered a return of +22.07%.

3. ICICI Prudential Multi Asset Fund: This fund has an AUM of ₹41,160 Crs and has delivered a return of +21.25%.

4. Edelweiss Aggressive Hybrid Fund: With an AUM of ₹1,661 Crs, this fund has delivered a return of +20.09%.

5. Baroda BNP Paribas Aggressive Hybrid Fund: This fund has an AUM of ₹1,038 Crs and has delivered a return of +19.31%.

6. Canara Robeco Equity Hybrid Fund: With an AUM of ₹10,153 Crs, this fund has delivered a return of +17.34%.

7. Mirae Asset Aggressive Hybrid Fund: This fund has an AUM of ₹8,564 Crs and has delivered a return of +16.5%.

8. Edelweiss Balanced Advantage Fund: With an AUM of ₹11,282 Crs, this fund has delivered a return of +16.89%.

9. SBI Multi Asset Allocation Fund: This fund has an AUM of ₹4,943 Crs and has delivered a return of +16.06%.

10. Nippon India Balanced Advantage Fund: With an AUM of ₹8,043 Crs, this fund has delivered a return of +13.92%.

11. ICICI Prudential Balanced Advantage Fund: This fund has an AUM of ₹56,750 Crs and has delivered a return of +14.1%.

12. Axis Multi Asset Allocation Fund: With an AUM of ₹1,197 Crs, this fund has delivered a return of +14.82%.

13. Motilal Oswal Balance Advantage Fund: This fund has an AUM of ₹1,233 Crs and has delivered a return of +12.23%.

14. HSBC Balanced Advantage Fund: With an AUM of ₹1,390 Crs, this fund has delivered a return of +12.01%.

15. Bandhan Balanced Advantage Fund: This fund has an AUM of ₹2,217 Crs and has delivered a return of +12.59%.

16. Kotak Debt Hybrid Fund: With an AUM of ₹2,478 Crs, this fund has delivered a return of +13.22%.

17. DSP Dynamic Asset Allocation Fund: This fund has an AUM of ₹3,126 Crs and has delivered a return of +12.21%.

18. ICICI Prudential Income Optimizer Fund (FOF): With an AUM of ₹268 Crs, this fund has delivered a return of +11.15%.

19. ICICI Prudential Regular Savings Fund: This fund has an AUM of ₹3,338 Crs and has delivered a return of +10.68%.

20. Franklin India Debt Hybrid Fund: With an AUM of ₹238 Crs, this fund has delivered a return of +9.11%.

21. Baroda BNP Paribas Conservative Hybrid Fund: This fund has an AUM of ₹646 Crs and has delivered a return of +9.39%.

These low risk mutual funds have demonstrated consistent performance and are suitable for individuals who are looking for a balance between risk and returns. It's important to note that past performance is not an indicator of future results, and investors should conduct thorough research and consider their own risk appetite before making investment decisions.

Always remember to diversify your portfolio and consult with a financial advisor if needed. Happy investing!