Best Mutual Funds 2022 – Which are the top mutual funds for 2022? Where I should invest my money in 2022. I am sure, like many other people you are also searching for answers to these questions. Don’t worry your search end here. In this post, I am going to share my list of best mutual funds for 2022 where you can safely invest and stay relaxed.
The best mutual funds list contains mutual funds from various categories such as large-cap, mid-cap,flexicap and ELSS schemes. I have shortlisted the two best mutual funds from each category.
In the last year 2021, we have also recommended best mutual funds. A few of them have generated magnificent returns (in two digits) details are given below.
- Kotak Bluechip Fund – Growth – 16.3%
- UTI Equity Fund – Growth – 15.2%
- Axis Midcap Fund – Growth – 24.45%
- SBI Small-cap fund – 34%
- SBI Equity Hybrid Fund – 15.2%
Similar to last year, here is a list of the top 10 best mutual funds for investment in 2022. If you are planning to invest in a mutual fund for the long term you should consider these funds.
What are Best Mutual Funds?
Best is an adjective term and the definition of best mutual funds varies from person to person however, mutual funds that are better compared to other funds in the following parameters can be classified as “Best Mutual Funds”.
Fund performance – Mutual funds should be performing well compared to other funds in 3-5 years’ time frame and generating two-digit returns for the investors.
Fund Rating – Best mutual fund must have a fund rating above 3 stars by reliable credit agencies or companies like CRISIL or Value Research.
Fund Manager Experience – The Fund manager should be expert and experienced in buying, selling, or holding stocks as per market movements.
Holdings – Fund should be holding good blue-chip or fundamentally strong stocks that are likely to appreciate in the future.
Expense Ratio – The expense ratio of a fund should be lower compared to other funds.
Based on the above parameters the Best Mutual Funds SIP to Invest for 2021 are given below.
Best Mutual Funds to Invest in 2022 – Top 10 Mutual Funds India 2022
Best Large Cap Funds 2022
#1 Axis Bluechip Fund Growth
Axis Bluechip Fund-Growth is one of the best large-cap funds for investment in 2022. This fund has given magnificent performance in the past. It is five star rated fund by value research. The fund objective is to generate long-term capital growth by investing in large-cap companies. The expense ratio of this fund is 1.69%. It is suitable for an investor with 5 years time horizon. The major holding of this fund is in the finance and technology sector.
#2 Canara Robeco Bluechip Equity Fund Growth
Canara Robeco Bluechip Equity Fund Growth is the top mutual fund for investment in 2022. This fund has generated 16% returns last year (As of Feb 2022). This fund focuses on the concentrated portfolio and is intended to generate capital appreciation by investing in blue-chip large-cap stocks. This fund is suitable for investors looking to invest money for at least 3-4 years and looking for high returns.
Best Flexi Cap Funds 2022
#3 UTI Flexi Cap Fund Growth
UTI Flexi Cap Fund-Growth is one the best mutual fund for investment in 2022. This fund has historically generated very good returns for investors. In the last five years, this fund has given 129% returns (As on Feb 2022). It is a well-diversified fund with decent holding, credit rating, and moderate expense ratio.
#4 Parag Parikh Flexi Cap Fund
Parag Parikh Flexi Cap fund is one of my favorite mutual funds and I would love to recommend this fund for investment in 2022. Parag Parikh Flexi Cap Fund has generated 30% returns in the last year (As of Feb 2022). This fund has a diversified portfolio with major investment in Google (one of my favorite companies). This fund is managed by professionals and you can surely invest in this fund for 2022.
Best Mid Cap & Small Cap Funds 2022
#5 Axis Mid Cap Fund Growth
Axis Mid Cap Fund-Growth is a highly rated and best mutual fund in the mid-cap category for investment in 2022. Axis mid-cap fund has generated 24% returns for the investors in the last year (As of Feb 2022). It is a slightly risky fund and is recommended for high-risk investors. The major fund holding of this fund is in the finance sector.
#6 SBI Small Cap Fund Growth
SBI Small Cap Fund-Growth is one of the top mutual funds for investment in 2022. It is a professionally managed fund and shown a good track record. This fund has surpassed all benchmarks and given consistent returns. In the last three years, this fund has given 121% return. The expense ratio of this fund is low around 1.73%. High-risk investors with 3-4 years’ time frame can invest in SBI Small-cap fund.
Best Hybrid Funds 2022
#7 SBI Equity Hybrid Fund Growth
SBI Equity Hybrid Fund Growth is one of the best hybrid funds for investing in 2022. It is an open-ended scheme that invests in a mix of debt and equity. This company invests in high-growth companies and balance the risk through investing the rest in fixed income securities. This fund is recommended for moderate-risk investors. It is a professionally managed fund with an expense ratio of 1.51%.
#8 Canara Robeco Equity Hybrid Fund Growth
Canara Robeco Equity Hybrid Fund Growth is five star rated hybrid fund for investment in 2022. This fund has created a balanced portfolio of equity and fixed income instruments. The expense ratio of this fund is slightly higher 1.92%. However, this fund has generated consistent positive two-digit returns for the investors in the last five years.
Best ELSS Funds 2022
#9 Canara Robeco Equity Tax Saver Growth
Canara Robeco Equity Tax Saver Growth is a top-performing mutual fund in the ELSS category. This fund has generated 88% returns for the investors in the last 3 years. The major investment of this fund is in the large-cap category. Stock holding of this company includes blue-chip stocks such as Infosys, HDFC bank, L&T etc.
#10 Mirae Asset Tax Saver Fund Growth
Mirae Asset Tax Saver Fund Growth is one of the best mutual funds in the ELSS category. This fund has generated 89% returns for the investors in the last 3 years. This fund is managed by an experienced fund manager. The expense ratio of this fund is 1.77%. An investor with a moderate risk profile can invest in this fund.
Over to you
The list of best mutual funds 2022 (Top 10 Mutual Funds India) given above are based on performance and various other parameters. You can invest in these funds based on your financial goal, risk profile & investment objective. If you are new to mutual fund investment you should take help from a mutual fund advisor.
Make sure to go through an objective of the fund and match it with your financial goal before investing.
Once the investment is made in the mutual funds, you need to monitor it at regular intervals and make changes in the portfolio from time to time.
I hope the information given here will help you in your investment journey.
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Happy Investing!
Note – Mutual funds return details are taken from moneycontrol website