Best Mutual Fund Tools – Moneycontrol (2024)

FAQs

Which is the best tool to invest in mutual fund? ›

SIP (Systematic Investment Plan)

SIP allows you to invest a fixed sum at regular intervals. SIP is one of the most recommended ways to invest in mutual fund schemes as it is convenient. It also helps you average out the cost at which you buy the units of these funds.

Also get a quick look on details like Performance, Rating, Portfolio holding and much more. How to get started? To compare funds, start typing scheme name and our auto suggest feature will help you complete your search. You can enter between 2 to 5 schemes at a time and click on the "COMPARE" button.

Zerodha is the best broker for investing in mutual funds. It offers direct mutual funds at zero commission from AMC and zero brokerage charges. The entire process is online and hassle-free. The mutual funds are credited to your Zerodha demat account.

They are alpha, beta, standard deviation, r-squared, and the Sharpe ratio. These statistical measures are historical predictors of investment risk/volatility, and they are all major components of modern portfolio theory (MPT).

The Financial Industry Regulatory Authority (FINRA) Fund Analyzer offers information and analysis on over 18,000 mutual funds, exchange traded funds (ETFs) and exchange traded notes (ETNs).

Here are 5 mutual fund schemes with highest 3-year returns along with their expense ratios: Quant Small Cap Fund(G) tops the chart with over 39% returns followed by Quant Mid Cap Fund(G), Nippon India Small Cap Fund(G), Quant Flexi Cap Fund(G) and Motilal Oswal Midcap Fund-Reg(G) in the same pecking order.

Why MF is better than ETF? ›

Mutual funds are available for all different types of investment strategies, risk tolerance levels, and asset types. ETFs can be limiting as they are mostly passively managed indexed funds that invest in the same securities and mirror the chosen index.

Zerodha. Zerodha can easily be called the best stock broker in India, with its more than 1 crore clients contributing to 15% of all retail trading volumes. It is also the pioneer of the discount broking model in India. Its services include equity, currency, commodities, mutual funds, and derivatives.

You can calculate the XIRR in mutual funds or investment through formula in excel, which is “=XIRR (values, dates, guess). The XIRR method of calculating returns simplifies the process in case of irregular investment.

Here are 5 mutual fund schemes with highest 3-year returns along with their expense ratios: Quant Small Cap Fund(G) tops the chart with over 39% returns followed by Quant Mid Cap Fund(G), Nippon India Small Cap Fund(G), Quant Flexi Cap Fund(G) and Motilal Oswal Midcap Fund-Reg(G) in the same pecking order.

Diversify Your Portfolio: Diversification plays a crucial role in risk reduction, optimising returns, and maintaining stability within your investment portfolio. It is important to invest in a mix of equity, debt, and possibly others like gold or real estate mutual funds to diversify your portfolio.