As the market has gone through fluctuations and gone through long periods, people need to know where they can invest their money. Many companies provide information on stocks, but when it comes to mutual funds and other investment vehicles, there is so much conflicting information that it's hard to determine which is the best option for you. To help you make the right decision, here’s a list of 10 best mutual funds in India.

Top 10 Best Mutual Funds In India To Invest In

  1. PGIM India Midcap Opportunities Fund Direct-Growth - PGIM India Midcap Opportunities Fund Direct-Growth is a mutual fund that specialises in investing in companies with a market capitalization between $500 million and $1 billion. This fund offers investors access to high growth opportunities in the Indian midcap market. The fund has an average annual return of 10% over the past five years.
  1. Reliance Money Multi Asset Fund - Reliance Money Multi Asset Fund is one of the few mutual funds that has been able to achieve strong returns over the past several years. In 2017, it earned an annualised return of 10.71%, which was more than twice the rate of the Indian stock market. This fund is also relatively safe, with a rating of A+ from Morningstar.
  1. UTI SPS 50 Fund - The fund has a return profile that is tilted towards mid and large-cap stocks, and it has been successful at outperforming the S&P BSE 500 Index during market downturns. The fund also offers a diversification benefit, which means that it will provide you with exposure to a range of different industries. This helps to minimise the risk that you will lose all of your money if one specific sector crashes.
  1. Axis Long Term Equity Fund - The Axis Long Term Equity Fund invests in a mix of stocks and bonds, which helps it to provide diversification across the market. It also has a low expense ratio, which means that you will be able to save money on your investment.
  1. Franklin Templeton Dynamic Multi Asset Fund - This fund is designed to help you achieve your financial goals by investing in a variety of different assets. This fund offers investors a variety of investment options, including stock, bond, and ETFs. It also has a wide range of investment objectives, including growth, income, and global diversification.
  1. ICICI Prudential Balanced Advantage Fund - This fund is designed to provide stability and growth over the long term. It has a balanced mix of equity and debt investments, which gives it the ability to grow over time while keeping your risk exposure low. The fund also has a very low expense ratio, which means that you will save a lot of money on your investment.
  1. Kotak Mahindra Preference Share Fund - The Kotak Mahindra Preference Share Fund invests in a wide range of companies, including small and mid-sized enterprises (SMEs). This fund has been able to achieve high returns while keeping the risk low. In the past three years, it has averaged a return of 11.5% per annum.
  1. Axis Bluechip Fund - The Axis Bluechip Fund invests in a variety of stocks, including small and medium-sized companies. It has a balanced portfolio, which means that it is not skewed towards any one sector or category. This makes it a good choice for investors who want to diversify their investments.
  1. Reliance Capital Opportunity Plus Fund-II - This fund has an investment objective of providing capital appreciation and income through regular and systematic investment in equity and debt securities of medium to large companies in India. The fund has a diversified portfolio that includes both domestic and foreign shares.

10. Birla Sun Life Stocks Ultra Short Term Equity Fund - If you are looking for a mutual fund that offers high returns with low volatility, then Birla Sun Life Stocks Ultra Short Term Equity Fund should be your go-to fund. This mutual fund has been providing stellar returns over the years and is currently ranked as the best mutual fund in India. The fund invests in stocks that are expected to experience sharp declines in value over a short period of time.