Planning to invest and gotten a lumpsum amount sitting in your bank account that you wanted to invest further but unable to decide the best mutual for lumpsum investment?
Wooho! I have heard you and prepared an extensive list of top 10 mutual funds for lump sum investment.
So let’s get started!
Table of Contents
Best Mutual Fund For Lumpsum Investment
If you are thinking where to invest your lump sum amount, I have prepared this extensive list of 10 best lumpsum investment plan including equity mutual funds (Large cap, Mid Cap, Small Cap), Debt Fund, Hybrid mutual Fund, and finally Tax Saver Fund (ELSS).
So that, you can spread you investment across different mutual fund types and can get the best return out of it without taking much risk.
Equity Mutual Fund
| Lumpsum Plan | Fund Type | Past 5 Years Average Annual Returns |
|---|---|---|
| Quant Small Cap Fund Direct Growth | Small Cap Fund | 49.83% |
| Bandhan Small Cap Fund Direct Growth | Small Cap Fund | 43.2% (In past 4 years) |
| Motilal Oswal Midcap Fund Direct Growth | Mid Cap Fund | 36.44% |
| Nippon India Large Cap Fund Direct Growth | Large Cap Fund | 24.73% |
| Quant Large and Mid Cap Fund Direct Growth | Large & Mid Cap Fund | 32.15% |
Quant Small Cap Fund Direct Growth
Quant Small Cap Fund Direct Growth is one of best performing small cap fund for lumpsum investment. This equity mutual fund tend of invest their major fund value in small cap stocks so that they can provide the highest return possible by taking the maximum risk on their investments.
Currently, the fund is managed by Sanjeev Sharma, Ankit A. Pande.
Top 5 Sector Allocation: As of (20 September 2024) they are Financial Services, Energy, Health, Consumer Cyclical, Consumer Defensive.
Top 5 Holdings: As of (20 September 2024) Reliance Industries Ltd, Jio Financial Services Ltd, HFCL Ltd, Aegis Logistics Ltd, Bikaji Foods International Ltd.
| Fund Type | Small Cap |
| Expense ratio | 0.64% |
| Exit Load | 1% (If sold before 1 Year) |
| AUM | ₹25,535 Crore |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Current NAV | ₹301.7 (as of 20 September 2024) |
| Compounded Annual Growth Rate | 20.5% From Starting |
| 1 Year Return | 55.11% |
| Risk | High Risk |
Bandhan Small Cap Fund Direct Growth
Bandhan Small Cap Fund Direct Growth is one of the new small cap equity fund that has given a massive 74.4% returns in past 1 year as of writing on 20, September 2024. Being a new fund, launched at such a point of time when the Indian stock markets have seen a massive rally is also a biggest reason behind their such an outstanding returns.
Top 5 Sector Allocation: As of (20 September 2024) they are Financial Services, Industrial, Consumer Cyclical, Basic Materials, Health.
Top 5 Holdings: As of (20 September 2024) PCBL Ltd, Cholamandalam Financial Holdings Ltd, LT Foods Ltd, Indus Towers Ltd, Shaily Engineering Plastics Ltd.
| Fund Type | Small Cap |
| Expense ratio | 0.35% |
| Exit Load | 1% (If sold before 1 Year) |
| AUM | ₹7,534 Crore |
| Inception Date | 26 February, 2020 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Current NAV | ₹52.15 (as of 20 September 2024) |
| Compounded Annual Growth Rate | 43.6% From Starting |
| 1 Year Return | 74.4% |
| Risk | Very High Risk |
Motilal Oswal Midcap Fund Direct Growth
Motilal Oswal Midcap Fund Direct Growth is a mid cap equity fund that invest with an aim to beat the inflation and the index they are tracking by investing in such mid cap companies that have strong moats and can give a great long term appreciation on their investments.
Top 5 Sector Allocation: As of (20 September 2024) they are Industrial, Tech, Consumer Cyclical, Financial Services, Health.
Top 5 Holdings: As of (20 September 2024) Kalyan Jewellers India Ltd, Polycab India Ltd, Persistent Systems Ltd, Jio Financial Services Ltd, Coforge Ltd
| Fund Type | Mid Cap |
| Expense ratio | 0.6% |
| Exit Load | 1% (If sold before 1 Year) |
| AUM | ₹15,940 Crore |
| Inception Date | 24 February, 2014 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Current NAV | ₹120.14 (as of 20 September 2024) |
| Compounded Annual Growth Rate | 26.5% From Starting |
| 1 Year Return | 67.93% |
| Risk | High Risk |
Nippon India Large Cap Fund Direct Growth
Nippon India Large Cap Fund Direct Growth is a large cap equity fund that invests in the blue chip companies of India with an aim to beat the inflation and the NIFTY 100 index returns in the long run. They are comparatively less risky and volatile as compared to mid cap and small cap funds.
Currently this fund is managed by Ashutosh Bhargava, Sailesh Raj Bhan, Kinjal Desai.
Top 5 Sector Allocation: As of (20 September 2024) they are Financial Services, Consumer Cyclical, Tech, Consumer Defensive, Industrial.
Top 5 Holdings: As of (20 September 2024) HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, ITC Ltd, Infosys Ltd.
| Fund Type | Large Cap |
| Expense ratio | 0.68% |
| Exit Load | 1% (If sold before 7 Days) |
| AUM | ₹32,884 Crore |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Current NAV | ₹99.88 (as of 20 September 2024) |
| Compounded Annual Growth Rate | 17.9% From Starting |
| 1 Year Return | 36% |
| Risk | High Risk |
Quant Large And Mid Cap Fund Growth Option Direct Plan
Quant Large and Mid Cap Fund Direct Growth is a mix equity fund that invests in both large cap and mid cap stocks so that they can get the safe growth of large companies and the power of mid cap companies that can emerge as large cap in future due to their underlying business strengths.
Top 5 Sector Allocation: As of (20 September 2024) they are Consumer Defensive, Financial Services, Industrial, Health, Energy.
Top 5 Holdings: As of (20 September 2024)Reliance Industries Ltd, Aurobindo Pharma Ltd, ITC Ltd, Samvardhana Motherson International Ltd, IRB Infrastructure Developers Ltd.
| Fund Type | Large and Mid Cap |
| Expense ratio | 0.61% |
| Exit Load | 1% (If sold before 15 Days) |
| AUM | ₹3,707 Crore |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Current NAV | ₹139.34 (as of 20 September 2024) |
| Compounded Annual Growth Rate | 21.7% From Starting |
| 1 Year Return | 52.96% |
| Risk | High Risk |
Debt Mutual Fund
If you wanted to lumpsum investment in mutual fund in order to park your money for some time or if you are looking for an option that can provide a regular income by preserving your capital with that that, then you can consider investing lumpsum amount in debt mutual funds.
Aditya Birla Sun Life Corporate Bond Fund Direct Growth
Aditya Birla Sun Life Corporate Bond Fund Direct Growth is debt fund that focuses on providing regular income by investing the majority of the fund value in Corporate and Government Bonds. If you are looking for the best mutual funds for lumpsum investment where you can park your money temporarily that can beat the inflation then you can consider such type of funds.
This fund is less volatile and highly liquid hence they tend to provide 7-9.5% return in long term.
| Fund Type | Debt Fund |
| Expense ratio | 0.34% |
| Exit Load | 0% |
| AUM | ₹22,000 Crore |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Current NAV | ₹107.65 (as of 20 September 2024) |
| Compounded Annual Growth Rate | 8.3% From Starting |
| 1 Year Return | 8.58% |
| Risk | Moderate Risk |
Hybrid Mutual Fund
If you are looking the best mutual fund for lumpsum investment that can offer high returns and can preserve the capital too at the same time then you can consider investing your lumpsum amount in hybrid mutual fund.
| Lumpsum Plan | Fund Type | Past 5 Years Average Annual Returns |
|---|---|---|
| Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth | Equity Oriented Hybrid Fund | 29.54% |
| JM Aggressive Hybrid Fund Direct Growth | Hybrid Fund | 43.2% (In past 4 years) |
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth
Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth is a equity oriented hybrid fund that has invested 73% of its fund value in equities while the rest is invested in debt instruments as of 20 September 2024. They aims to provide a balanced returns using the power of both equity and debt instruments while trying to preserve your capital.
| Fund Type | Hybrid Fund |
| Expense ratio | 1.11% |
| Exit Load | 1% (If sold before 3 Months) |
| AUM | ₹978 Crore |
| Inception Date | 20 July, 2016 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Current NAV | ₹42.27 (as of 20 September 2024) |
| Compounded Annual Growth Rate | 19.3% From Starting |
| 1 Year Return | 42.23% |
| Risk | High Risk |
JM Aggressive Hybrid Fund Direct Growth
JM Aggressive Hybrid Fund Direct Growth is an equity oriented hybrid fund that aims to provided regular income while keep growing the investment too. The majorly invest in equities and rest fund is allocated in debt instruments to provide steady income and preserve your capital.
This fund is currently managed by Gurvinder Wasan, Asit Bhandarkar.
| Fund Type | Hybrid Fund |
| Expense ratio | 0.56% |
| Exit Load | 1% (If sold before 60 Days) |
| AUM | 578 Crore |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Current NAV | ₹145.37 (as of 20 September 2024) |
| Compounded Annual Growth Rate | 16.2% From Starting |
| 1 Year Return | 49.54% |
| Risk | High Risk |
Tax Saving Funds (ELSS)
If you are looking some mutual fund for lumpsum investment that can help you to save the taxes while your money keeps growing then you can consider investing in Equity Linked Saving Scheme or Tax Saving Funds.
Quant ELSS Tax Saver Fund Direct Growth
Quant ELSS Tax Saver Fund Direct Growth is an equity linked tax saver fund that invests with an aim to get capital appreciation from investing in equities and provide a benefit of tax saving under 80c upto ₹1.5 Lakh in a financial year. But this fund comes with a lock in period unlike the above other funds, hence, you can’t sell your holding before that lock in period.
| Expense ratio | 0.65% |
| Exit Load | 0% |
| AUM | ₹11,125 Crore |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Current NAV | ₹452.99 (as of 20 September 2024) |
| Lock In | 3 Years |
| Compounded Annual Growth Rate | 23.6% From Starting |
| 1 Year Return | 47.4% |
| Risk | High Risk |
Motilal Oswal ELSS Tax Saver Fund Direct Growth
Motilal Oswal ELSS Tax Saver Fund Direct Growth is an equity linked hybrid fund that has invested over 95% of its fund value in equities and rest 4.1% in debt instruments as of 20 September 2024. You can start your lumpsum investment in this mutual fund from as low as ₹500 but you have to serve a lock in period of 3 years.
The fund is currently managed by Aditya Khemani.
| Expense ratio | 0.65% |
| Exit Load | 0% |
| AUM | ₹3,984 Crore |
| Inception Date | 21 January, 2015 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Current NAV | ₹61.84 (as of 20 September 2024) |
| Lock In | 3 Years |
| Compounded Annual Growth Rate | 20.8% From Starting |
| 1 Year Return | 67.68% |
| Risk | High Risk |
*Mutual Fund Disclaimer – All the above mentioned mutual funds for best sip plans in india are selected based on their past performance while past performance is not a guarrantee of the future returns. Hence, do consult your financial advisor because mutual funds investment are subject to market risk.
Final Words
That’s all! Here is the list of best mutual fund for lumpsum investment.
Do remember putting all your eggs in basket can be risky, hence I recommend you to spread your lumpsum investment across the different fund list.
This way you can achieve the balanced returns and preserve the capital at the same point.
Also, all the mutual funds are selected on the basis of their previous returns for your lump sum amount, but keep in mind previous returns are not the surety of future returns too.
Disclaimer: The Honest American provides financial education, investing strategies, & stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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