Multi-cap funds invest in large, mid, and small-cap segments of the market. Usually, they allocate 40–60% of their investments to large-cap stocks, 10–40% to mid-cap equities, and roughly 10% to small-cap stocks. Here are the best multicap mutual fund in 2024:

Fund Name	3-Year Return (%)	5-Year Return (%)
Nippon India Multi Cap Fund	38.8	17.4
Quant Active Fund	34.5	23.2
Kotak India Growth Fund	32.3	20.3
Mahindra Manulife Multi Cap Fund	31.4	19.0
ICICI Pru Multicap Fund	29.0	14.2

#5.) Top 10 Mutual Funds for 10-Year

The following are the best mutual funds for 10 years that can help you improve your finances:

Fund	10 Year Return (%)	Investment( 1000/Month)	Total Return
Mirae Asset Large Cap Fund	17.61%	₹1,20,000	₹3,15,635
ICICI Prudential Bluechip Fund	14.76%	₹1,20,000	₹2,32,339
HDFC Small Cap Fund	14.76%	₹1,20,000	₹2,32,339
DSP Small Cap Fund	20.75%	₹1,20,000	₹3,82,363
ICICI Prudential MidCap	15.91%	₹1,20,000	₹2,62,091
Aditya Birla Sun Life Government Securities Fund	9.07%	₹1,20,000	₹1,95,750
ICICI Prudential Gilt Fund	7.89%	₹1,20,000	₹1,83,023
HDFC Dynamic Debt Fund	7.15%	₹1,20,000	₹1,75,561
HDFC Income Fund	7.15%	₹1,20,000	₹1,75,56
Aditya Birla Sun Life Banking and PSU Debt Fund	8.87%	₹1,20,000	₹1,85,738

#6.) Top 20 Mutual Funds for 20 Years

These are India's best mutual funds for 20 years that you can invest in in 2024. With a varied portfolio of stocks, bonds, and other financial instruments, reasonable expense ratios, and solid track records, each of these mutual funds has its own special features and advantages:

Fund	AUM (Rs Crore)	Expense Ratio (%)	20-Year SIP Return (%)*
ICICI Prudential Technology Fund	8,993.09	2.11	18.52
ICICI Prudential FMCG Fund	1,156.49	2.57	17.76
Sundaram Midcap Fund	7,048.79	1.87	17.29
Nippon India Growth Fund	13,409.61	1.83	17.04
Quant Active Fund	3,531.89	2.63	16.41
Nippon India Banking & Financial Services Fund	3,826.52	2.05	16.21
HDFC Flexi Cap Fund	31,672.65	1.77	16.08
ABSL Digital India Fund	3,338.13	2.11	16.01
Franklin India Prima Fund	7,359.95	1.90	15.89
Franklin India Flexi Cap Fund	9,989.33	1.86	15.50
Quant Large And Mid-Cap Fund Direct-Growth	1,486	0.75	19.49
Quant Tax Plan- Direct-Growth Fund	1,296	0.76	19.49
Axis Blue-chip Fund Direct Plan-Growth	30,733	0.66	14.92
Mirae Asset Emerging Blue-chip Fund Direct-Growth	28,104	0.64	22.89
Canara Robeco Emerging Equities Fund	18,845	0.57	20.81
ICICI Prudential Gilt Fund Direct-Growth Plan	4,142.88	0.56	9.47
Nippon India Small Cap Fund	41,019	1.82	21.9
ICICI Prudential Smallcap Fund	6,608	2.04	13.3
Kotak Small Cap Fund	13,377	1.48	17.8
Aditya Birla Sun Life Digital India Fund	4,590.39	2.08	12.1

#7). Best Banking & PSU Funds - Best Mutual Funds to Invest in for Long Term

Banking & PSU Funds are debt mutual funds that invest at least 65% of their assets in the securities & bonds issued by Banks, Public sector companies & financial institutions.

Fund	3-Year Returns	5-Year Returns	YTM
Aditya Birla Sun Life Banking & PSU Debt Fund	8.09%	8.96%	5.97
Franklin India Banking & PSU	8.44%	8.60%	6

1. Aditya Birla Sun Life Banking & PSU Debt Fund

ABSL Banking & PSU Debt is an excellent choice for investment in the Banking & PSU Debt Fund category. The fund has an exposure of 100% of its assets in AAA-rated debt securities.The fund has been managed by Mr.Kaustubh Gupta since September 2009 & Mr. Maneesh Dangi since April 2017.

Worth of Investments

A Lump Sum Investment of Rs.1 Lacs for 5 Years would have been grown to Rs.1.54 Lacs.
SIP Investments of Rs.10,000 every month for 5 Years would have grown to Rs.7.52 Lacs.

2. Franklin India Banking & PSU is also a good option in the Banking & PSU category. The fund has an exposure of near about 97% of its assets in AAA rate high-quality papers.The fund has been managed by Mr.Sachin Padwal-Desai since April 2014 & Mr. Umesh Sharma since April 2014.

Worth of Investments

A Lump Sum Investment of Rs.1 Lacs for 5 Years would have grown to Rs.1.51 Lacs.
SIP Investments of Rs.10,000 every month for 5 Years would have grown to Rs.7.53 Lacs.

#8.) For Moderate Investors- Moderate-Risk Portfolio

Moderate Investors are those investors who have a moderate risk profile and are willing to take some risks by investing a moderate portion of the portfolio in equity securities.These investors would be willing to accept the turbulent times in the markets for the probability of earning good returns over the long horizon. Along with that, their portfolio allocation in debt securities or mutual funds would ensure a low volatility in the portfolio.

These investors come somewhere between the aggressive & conservative investors in terms of risk-return expectations. In other words, moderate investors are willing to take higher risks than conservative investors but lower than aggressive investors.

A Moderate risk mutual fund portfolio would look like this

Funds	Allocation %
Equity Mutual Funds	50%
Debt Mutual Funds	50%

Moderate Investors would have two options for their portfolio selection.

Also Read: ICICI Prudential Freedom SIP Plan

How to Invest in Mutual Funds for the long term?

You have two options for investing in mutual funds: online and offline.

a. Offline Method

To process an offline MF using the offline method, you must establish a connection with the branch relationship manager. Listed below are the documents required for proof of identity.

Assess the profile of your investments: Every person's goals and needs can be met by a mutual fund plan. Investment options include debt, hybrid, and equity mutual funds. Select the kind according to your time horizon, investment objective, and risk tolerance.
Application Form for Mutual Funds
MF KYC acknowledgment (MF KYC Form, PAN card Copy, Address Proof, and Passport Size Photo are required if KYC is not completed).
One self-account cheque for investment purposes

b. Online Method

You can invest in mutual funds online by contacting banks or other financial organizations. Many banks allow consumers to invest in Mutual Funds online through their mobile app or Internet Banking.

Note: Sub-heading coming as a copy

Final Note for Investors

The portfolio allocation may vary among investors from the mentioned broad categories as each individual has its own needs & financial requirements, therefore investments should be planned accordingly. Also, the portfolio needs rebalancing or requires reconstitution sometimes, it would be better to connect with your financial advisor to cater to your portfolio review & rebalancing needs after a periodic interval.

Investors should also note that the above-mentioned top mutual funds do not guarantee any successful returns on Investments as markets are highly uncertain.

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