Investing in mutual funds is one of the best ways to grow wealth over time while diversifying risk. Upstox, a leading discount broker in India, provides a seamless platform for investors to explore and invest in top-performing mutual funds. Whether you are a beginner or a seasoned investor, Upstox offers an extensive selection of mutual funds across different categories to match your investment goals.
In this article, we will explore some of the top-performing mutual funds available on Upstox, their benefits, and how investors can make the most of their mutual fund investments.
Why Invest in Mutual Funds Through Upstox?
1. Zero Commission on Direct Mutual Funds
Upstox offers commission-free direct mutual funds, allowing investors to maximize returns without paying any additional fees to brokers. Investing in direct plans ensures that investors benefit from lower expense ratios and higher returns over time.
2. Easy and Paperless Investing
Upstox provides a 100% digital process for investing in mutual funds. Investors can open an account, complete KYC verification, and start investing in just a few minutes.
3. Wide Range of Mutual Funds
Upstox features a comprehensive list of mutual funds across various categories, including equity, debt, hybrid, and tax-saving funds. Investors can choose funds based on their risk tolerance and investment goals.
4. Systematic Investment Plan (SIP) and Lump Sum Investments
Upstox allows investors to invest in mutual funds through SIPs for disciplined, long-term investing or through lump sum investments for immediate deployment of capital.
5. Smart Fund Screening and Portfolio Tracking
The platform offers powerful tools for screening mutual funds, comparing their performance, and tracking the portfolio in real time to make informed decisions.
Top Performing Mutual Funds on Upstox
1. Top Equity Mutual Funds
Equity mutual funds invest primarily in stocks and are ideal for long-term capital appreciation. Some of the best-performing equity funds include:
- SBI Small Cap Fund – Known for its strong returns in the small-cap segment.
- Mirae Asset Emerging Bluechip Fund – A high-performing large and mid-cap fund with excellent growth potential.
- Axis Bluechip Fund – Focused on large-cap stocks, offering stable and consistent returns.
- ICICI Prudential Technology Fund – Invests in technology-driven companies for high-growth opportunities.
2. Top Debt Mutual Funds
Debt mutual funds are ideal for conservative investors looking for stable returns with lower risk. Some top-performing debt funds are:
- HDFC Corporate Bond Fund – A low-risk fund offering consistent returns.
- SBI Magnum Medium Duration Fund – Suitable for investors seeking moderate risk and stable growth.
- ICICI Prudential Short Term Fund – A well-balanced debt fund focusing on short-duration bonds.
3. Best Hybrid Mutual Funds
Hybrid mutual funds provide a mix of equity and debt investments, offering a balanced risk-return profile. Some top-performing hybrid funds include:
- Kotak Balanced Advantage Fund – Dynamically balances between equity and debt based on market conditions.
- HDFC Hybrid Equity Fund – Provides steady long-term returns with moderate risk.
- ICICI Prudential Equity & Debt Fund – A well-diversified fund offering both stability and growth.
4. Top Tax-Saving ELSS Mutual Funds
Equity Linked Savings Schemes (ELSS) provide tax benefits under Section 80C while delivering high returns. Some of the best ELSS funds include:
- Axis Long Term Equity Fund – A popular ELSS fund with a proven track record.
- Mirae Asset Tax Saver Fund – Offers excellent growth potential with tax benefits.
- Canara Robeco Equity Tax Saver Fund – Consistently performs well in the tax-saving category.
How to Invest in Mutual Funds Through Upstox?
Investing in mutual funds via Upstox is simple and hassle-free. Follow these steps to get started:
- Open an Upstox Account – Sign up for a free account and complete your KYC verification digitally.
- Explore Mutual Funds – Use Upstox’s fund screening tool to compare and choose the best mutual funds.
- Select Investment Mode – Decide whether to invest via SIPs for disciplined investing or opt for a lump sum investment.
- Confirm and Invest – Once you’ve selected a fund, enter the investment amount and confirm the transaction.
- Track Your Investments – Use Upstox’s portfolio tracking tool to monitor fund performance and make necessary adjustments.
Benefits of Investing in Mutual Funds Through Upstox
1. High Liquidity
Investors can redeem their mutual fund units anytime, ensuring quick access to their money when needed.
2. Diversification
Mutual funds spread investments across multiple stocks and sectors, reducing overall risk for investors.
3. Professional Fund Management
Investors benefit from the expertise of professional fund managers who actively manage and rebalance portfolios to maximize returns.
4. Automated Investing Through SIPs
Upstox allows investors to automate their investments through SIPs, helping them build wealth gradually without worrying about market fluctuations.
5. Cost-Effective Investing
With zero commissions and low expense ratios on direct mutual funds, Upstox ensures investors get the most out of their investments.
Case Study: How an Investor Benefited from Upstox Mutual Fund Investments
Amit, a 30-year-old professional, wanted to build long-term wealth while minimizing risk. He started investing in mutual funds through Upstox and chose a mix of equity, debt, and hybrid funds. By consistently investing via SIPs and using Upstox’s analytical tools, he achieved steady portfolio growth. Over five years, his investments appreciated by 12% annually, outperforming traditional fixed deposits and savings schemes.
Conclusion
Upstox provides a robust and user-friendly platform for investing in mutual funds, offering a wide range of options to suit different investor profiles. Whether you are looking for high-growth equity funds, stable debt funds, or tax-saving ELSS funds, Upstox makes mutual fund investing simple and rewarding.
With zero commission on direct mutual funds, powerful research tools, and an easy-to-use interface, Upstox is an excellent choice for both new and experienced investors. By taking advantage of systematic investment plans (SIPs), professional fund management, and Upstox’s analytical insights, investors can maximize their returns while efficiently managing risk.
