List of Low Fee Mutual Funds in India Offering Over 8% Returns
In India, mutual funds are one of the most popular investment options. These funds enable you to place your capital in an assortment of stocks, bonds, or other assets that are handled by experts. Most people prefer mutual funds since they are more convenient than trading in the stock market and offer reasonable returns with time.
If you are searching for high returns mutual funds in India with 8% and above return rate that also charge low management fees, here are some of the best:
Mirae Asset Large Cap Fund
- Returns: Roughly 10-12% in the past 5 years.
- Type: Large-cap fund (invests in top-tier firms)
- Expense Ratio: 0.55% on direct plan
- Why Choose It: This fund is widely recommended due to its relatively stable performance and lower risk stemming from a well diversified portfolio which includes top companies such as Reliance, Infosys, and HDFC.
Axis Bluechip Fund
- Returns: Roughly 9-11% in the past 5 years.
- Type: Bluechip/largecap fund
- Expense Ratio: 0.50% on direct plan
- Why Choose It: These funds is best recommended for long-term investment as it entails low volatility. It contains equities of well-established and reputable firms.
Parag Parikh Flexi Cap Fund
- Returns: 12 to 14 percent on average in the last few years.
- Kind of Fund: Flexi cap (invests in large, mid and small companies)
- Expense Ratio: Approximately 0.75% Direct Plan
- Why Choose It: Has balanced portfolio with international stocks like Alphabet (Google) for global exposure.
UTI Nifty Index Fund
- Returns: 10 percent in the past 5 years.
- Kind of Fund: Index fund (Nifty 50).
- Expense Ratio: Very low (Around 0.20%).
- Why Choose It: Low cost index-based investment, suitable for new investors.
ICICI Prudential Equity & Debt Fund
- Returns: 9 to 10 percent in 5 years.
- Kind of Fund: Hybrid fund (Equity and Debt).
- Expense Ratio: 1% Direct Plan.
- Why Choose It: More steady than pure equity funds. Offers reasonable growth by balancing stocks and bonds.
Things to note
- Aim for lower fees with direct plans: it’s advisable to opt for direct plans of mutual funds with lower expense ratio.
- Short Term will not ensure future performance: review long term results, 5 years minimum, instead of short term results.
- Invest according to objectives: select funds that align with your goals, risk tolerance, and level of commitment.
Conclusion
Mirae Asset Large Cap, Axis Bluechip, Parag Parikh Flexi Cap, UTI Nifty Index, and ICICI Equity & Debt Fund are some of the best mutual funds in India with low management costs, reliable performance, significant investor confidence, and trust fee indexes of 8% or above. Fewer funds have consistently shown better returns than these.
Also Read : How to Start Investing in Mutual Funds with ₹10,000 to Earn ₹1 Lakh Per Year
Don’t forget to consult with a financial expert before investing. And remember, consistent investment through a Systematic Investment Plan (SIP) is considered a healthy investment strategy for long-term wealth accumulation.