Investing in mutual funds is one of the best ways to create long-term wealth in India. Mutual funds offer a diversified portfolio of stocks, bonds, and other securities, which helps to reduce risk and maximize returns. However, with so many mutual funds available in the market, it can be challenging to choose the right one. In this article, we will discuss the top 10 mutual funds in India for long-term wealth creation.

1. Mirae Asset Large Cap Fund

The Mirae Asset Large Cap Fund is one of the best mutual funds in India for long-term wealth creation. It invests in large-cap companies that have a proven track record of performance. The fund has consistently outperformed its benchmark index and has delivered an average annual return of 16.5% over the last five years. The fund has a low expense ratio of 1.44%, which makes it an attractive option for investors.

2. Axis Bluechip Fund

The Axis Bluechip Fund is another top-performing mutual fund in India. It invests in blue-chip companies that have a strong market presence and a proven track record of performance. The fund has delivered an average annual return of 16.3% over the last five years and has a low expense ratio of 1.78%. The fund is suitable for investors who are looking for a long-term investment option with a low-risk profile.

3. SBI Bluechip Fund

The SBI Bluechip Fund is a popular mutual fund in India that invests in blue-chip companies. The fund has a proven track record of performance and has delivered an average annual return of 15.5% over the last five years. The fund has a low expense ratio of 1.86% and is suitable for investors who are looking for a long-term investment option with a low-risk profile.

4. HDFC Mid-Cap Opportunities Fund

The HDFC Mid-Cap Opportunities Fund is a top-performing mutual fund in India that invests in mid-cap companies. The fund has delivered an average annual return of 18.5% over the last five years and has a low expense ratio of 1.97%. The fund is suitable for investors who are looking for a long-term investment option with a moderate risk profile.

5. Kotak Standard Multicap Fund

The Kotak Standard Multicap Fund is a popular mutual fund in India that invests in a diversified portfolio of stocks across different market capitalizations. The fund has delivered an average annual return of 16.5% over the last five years and has a low expense ratio of 1.35%. The fund is suitable for investors who are looking for a long-term investment option with a moderate risk profile.

6. ICICI Prudential Bluechip Fund

The ICICI Prudential Bluechip Fund is a top-performing mutual fund in India that invests in blue-chip companies. The fund has delivered an average annual return of 15.5% over the last five years and has a low expense ratio of 1.77%. The fund is suitable for investors who are looking for a long-term investment option with a low-risk profile.

7. Aditya Birla Sun Life Frontline Equity Fund

The Aditya Birla Sun Life Frontline Equity Fund is a popular mutual fund in India that invests in blue-chip companies. The fund has delivered an average annual return of 15.5% over the last five years and has a low expense ratio of 1.96%. The fund is suitable for investors who are looking for a long-term investment option with a low risk profile.

8. Franklin India Prima Fund

The Franklin India Prima Fund is a top-performing mutual fund in India that invests in mid-cap companies. The fund has delivered an average annual return of 18.5% over the last five years and has a low expense ratio of 1.96%. The fund is suitable for investors who are looking for a long-term investment option with a moderate risk profile.

9. DSP Midcap Fund

The DSP Midcap Fund is a popular mutual fund in India that invests in mid-cap companies. The fund has delivered an average annual return of 18.5% over the last five years and has a low expense ratio of 1.96%. The fund is suitable for investors who are looking for a long-term investment option with a moderate risk profile.

10. L&T Midcap Fund

The L&T Midcap Fund is a top-performing mutual fund in India that invests in mid-cap companies. The fund has delivered an average annual return of 18.5% over the last five years and has a low expense ratio of 1.96%. The fund is suitable for investors who are looking for a long-term investment option with a moderate risk profile.

Conclusion

Investing in mutual funds is one of the best ways to create long-term wealth in India. The above-mentioned mutual funds are some of the top-performing mutual funds in India that have a proven track record of performance. However, it is essential to do your research and choose a mutual fund that aligns with your investment goals and risk profile. It is also important to consult with a financial advisor before making any investment decisions.