Which is the Oldest Mutual Fund in India?

 Everyday several new mutual fund schemes hit the market, adding to confusion among investors about decision-making. Apart from the returns offered by a mutual fund scheme, consistency over years is an essential factor to be considered for decision making. While many mutual funds deliver high returns over a short-term time, there are a very few mutual funds that have consistently churned out returns over a prolonged time. Among 45 mutual fund houses in India, let’s take a look at the oldest mutual fund houses in India.

Manoj Negi

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Rs. 10K SIP in These Funds Has Generated up to Rs. 8.9 cr Returns

 Mutual funds are an ideal option for long-term wealth creation. In India, there are more than 235 equity diversified mutual fund schemes, including 31 schemes that have completed 25 years. Here are top 25-year old equity diversified mutual fund schemes that have delivered stellar returns. Systematic investment plans (SIPs) in these funds have multiplied investors’ money by up to 28 times over the last 25 years. Non-Resident Indians looking to create wealth through NRI mutual funds need to add some of these funds to their portfolio.

Manoj Negi

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