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Aggressive hybrid mutual funds have delivered impressive returns, with JM Aggressive Hybrid Fund leading with a 55.48% return. Strategic asset allocation and risk management have contributed to their stellar performance, making them attractive for investors with higher risk appetite.
JM Aggressive Hybrid Fund, the topper in the category, delivered 55.48% return in the last one year. Bank of India Mid & Small Cap Equity & Debt Fund gave 47.28% return in the said period.
The Securities and Exchange Board of India (SEBI), which oversees the capital markets, announced that you no longer have to name a nominee for joint mutual fund accounts. This change was made in a circular issued on April 30, 2024.
Mutual funds are a convenient investment option for investors who want to invest in stock markets but with less risk. But often, investors tend to simplify their investment decisions when it comes to mutual funds. This could affect their returns as well. Below are some of the strategies investors can use to maximise their returns.
Investors are shifting from smallcap to largecap funds due to better valuations and higher earnings growth expectations in large caps. Large cap schemes like Quant Large Cap Fund and Bank of India Bluechip Fund delivered high returns in FY24.