Top 10 Mutual Funds for Lumpsum Investment Success

Lumpsum investment involves allocating a significant amount of funds into mutual funds in one go, optimal for those with substantial cash reserves or sudden inflows. However, it requires an understanding of market timing.

To achieve the best long-term returns, selecting the appropriate mutual fund is essential. Below, we explore some of the top mutual funds suitable for lumpsum investments and the primary factors to consider when choosing one.

Here’s a list of the top ten mutual fund schemes based on their 5-year returns, encompassing equity, debt, and hybrid funds:

• Quant Small Cap Fund - Equity, 5-year return: 42.46%
• Quant Infrastructure Fund - Equity, 5-year return: 37.79%
• Quant Tax Plan - Equity, 5-year return: 34.35%
• Axis Small Cap Fund - Equity, 5-year return: 29.01%
• Aditya Birla Sun Life Medium Term - Debt, 5-year return: 8.91%
• Nippon India Nivesh Lakshya Fund - Debt, 5-year return: 9.38%
• SBI Magnum Gilt Fund - Debt, 5-year return: 8.39%
• Quant Multi Asset Fund - Hybrid, 5-year return: 30.04%
• Quant Absolute Fund - Hybrid, 5-year return: 26.08%
• Bank of India Mid & Small Cap Equity & Debt Fund - Hybrid, 5-year return: 24.18%

These funds offer opportunities for capital appreciation and long-term growth. Each fund has specific objectives and characteristics, requiring evaluations of historical performance, expense ratios, exit loads, market trends, and personal financial goals before making a lumpsum commitment. Bear in mind that mutual fund investments are susceptible to market fluctuations, so perseverance and alignment with financial goals are imperative.

In conclusion, when executed correctly, lumpsum investment in mutual funds can be highly rewarding. By strategically selecting the right fund and assessing pertinent factors, one can optimize returns and fulfill financial goals.

*[RBI]: Reserve Bank of India *[MSMEs]: Micro, Small and Medium Enterprises *[NSE]: National Stock Exchange *[BSE]: Bombay Stock Exchange *[UX]: User Experience *[NPAs]: Non-Performing Assets *[NRI]: Non-Resident Indian *[RTGS]: Real Time Gross Settlement *[IMPS]: Immediate Payment Service *[NEFT]: National Electronic Funds Transfer *[EMIs]: Equated Monthly Installments *[IVR]: Interactive Voice Response *[HUF]: Hindu Undivided Family *[NRIs]: Non-Resident Indians *[PAN]: Permanent Account Number *[TPA]: Third-Party Administrator *[TDS]: Tax Deducted at Source *[STT]: Securities Transaction Tax *[CPC]: Central Processing Centre *[BOI]: Body of Individuals *[AOP]: Association of Persons *[LLP]: Limited Liability Partnership *[OCI]: Overseas Citizens of India *[Income Tax Act]: Income Tax Act *[NBFC]: Non-Banking Financial Company *[IRDAI]: Insurance Regulatory and Development Authority of India *[NBFCs]: Non-Banking Financial Companies *[HLPP]: Home Loan Protection Plan *[GST]: Goods and Services Tax *[RBI]: Reserve Bank of India *[IMF]: International Monetary Fund *[KWD]: Kuwaiti Dinar *[INR]: Indian Rupee *[SGD]: SGD *[MAS]: Monetary Authority of Singapore *[GBP]: British Pound Sterling *[EMI]: Equated Monthly Installments *[OD]: Overdraft *[EBLR]: external benchmark lending rate *[MCLR]: marginal cost of funds-based lending rate *[FATCA]: Foreign Account Tax Compliance Act *[OECD]: Organisation for Economic Co-operation and Development *[HUFs]: Hindu Undivided Families *[PPF]: Public Provident Fund *[EPF]: Employees’ Provident Fund *[UPI]: Unified Payments Interface *[PMJJBY]: Pradhan Mantri Jeevan Jyoti Bima Yojana *[PMSBY]: Pradhan Mantri Suraksha Bima Yojana *[APY]: Atal Pension Yojana *[SIP]: Systematic Investment Plan *[Interactive Voice Response]: IVR *[RTGS]: Real-Time Gross Settlement *[TDR]: Ticket Deposit Receipt *[RAC]: Reservation Against Cancellation *[CIBIL]: Credit Information Bureau (India) Limited *[MICR Code]: Magnetic Ink Character Recognition Code *[F&O;]: Futures and Options *[KYC]: Know Your Customer *[F&O]: Futures and Options *[VAT]: Value-Added Tax *[IFSC]: Indian Financial System Code *[MICR]: Magnetic Ink Character Recognition *[IRDA]: Insurance Regulatory and Development Authority of India *[GRN]: Goods Received Note *[PIN]: Personal Identification Number *[OTP]: One-Time Password *[SEBI]: Securities and Exchange Board of India *[RTO]: Regional Transport Office *[PUC]: Pollution Under Control *[Indian Succession Act, 1925]: Indian Succession Act, 1925 *[HNIs]: High-Net-Worth Individuals *[UIDAI]: Unique Identification Authority of India *[NSC]: National Savings Certificate *[Sukanya Samriddhi Yojana]: Sukanya Samriddhi Yojana *[PAN]: Permanent Account Number *[ATM]: Automated Teller Machine *[MSMEs]: Micro, Small and Medium Enterprises *[HSN]: Harmonized System Nomenclature *[URN]: Update Request Number *[SSUP]: Self-Service Update Portal *[ETF]: Exchange-Traded Funds *[Folio No.]: Folio Number *[SFB]: Small Finance Bank *[NGO]: Non-Governmental Organization *[KEGF]: Kerala Evangelical Graduates Fellowship *[MED]: Micro Enterprises Development *[Muhurat Trading]: Muhrat Trading *[PDF]: Portable Document Format *[EPFO]: Employees’ Provident Fund Organization *[EPS]: Employee Pension Scheme *[LIC]: Life Insurance Corporation *[NSDL]: National Securities Depository Limited *[PFRDA]: Pension Fund Regulatory and Development Authority *[NEAT]: National Exchange for Automated Trading *[AuM]: Assets Under Management *[REITs]: Real Estate Investment Trusts *[ETFs]: Exchange-Traded Funds *[UPI PIN]: Unified Payments Interface Personal Identification Number *[Folio Number]: Folio Number *[SWIFT]: Society for Worldwide Interbank Financial Telecommunication *[AUM]: Assets Under Management *[ESG]: Environmental, Social, and Governance *[ATMs]: Automated Teller Machine *[NRE]: Non-Resident External Accounts *[GSM]: Global System for Mobile Communications