Which mutual fund is best for me

In our opinion no mutual fund scheme can give 20 – 25% returns consistently for a long period of time. In the last 10 years the best performing diversified equity funds gave 15 – 16% annualized returns while the best performing midcap funds gave 18 – 19% annual returns. In some years, the best performing funds may give 25%+ returns, but in other years they will give lower returns and even negative returns. You should have reasonable returns expectations or you will be disappointed. Further please note that, while some funds can give higher returns than others, the risks in these funds are also higher.

If you are prepared to take more risk to get higher returns you can invest in midcap funds (please see top most consistent midcap funds in our tool Top 10 Mutual Funds in India – Equity Funds Midcap and Small Cap. If you are not prepared to take a lot of risk, you can invest in diversified equity funds (please see top most consistent diversified funds in our tool Top 10 Mutual Funds in India – Equity Funds Diversified

Hope you find our suggestions useful.