If you too are planning to start mutual funds or SIP in 2023 then you must see this.

Top 3 Mutual Funds for 2023:

Today we will tell you about the 3 best mutual fund schemes for 2023 on the basis of number 1 rating.

1- SBI Contra Fund: Let us tell you that the rating agency CRISIL has given the number one rating to SBI Contra Fund.

SBI Contra Fund makes money as part of its investment strategy by broadly investing in a contrarian investment strategy.

SBI Contra Fund has given handsome annualized returns of 31.85% to its investors in the last 3 years.

Let us tell you that the top holdings of SBI Contra Fund include ICICI Bank, HDFC Bank, and Axis Bank.

SBI Contra Fund is a high-risk investment as the corpus of this fund is invested in equity in a large proportion.

2- Quant Small Cap Fund: Quant Small Cap Fund is rated No.1 by Credit Rating Information Services of India Limited.

It provides long-term growth opportunities by making money by investing in a portfolio of small-cap companies.

Quant Small Cap Fund has given 56% annualized returns to its investors in almost 3 years, which is a very handsome return.

3- Franklin India Flexi Cap Fund: Let us tell you that due to the flexi cap, the risk for the investors in this fund is slightly less.

Franklin India Flexi Cap Fund invests in Equity, Fixed Income Securities, and Money Market Instruments.

This fund has given a healthy return of 21% on an annualized basis in the last 3 years. It gives regular dividends.

About 66% of Franklin India Flexi Cap Fund is invested in large-cap holdings like Infosys, HDFC Bank, and ICICI.

Let us tell you that all three mutual funds mentioned above have been given Number-1 rating by CRISIL.