India's mutual fund industry is dominated by equity and hybrid funds.

Best Top Rated Mutual Funds 2023

Let us tell you that today the mutual fund industry of our country has become more than Rs 40 lakh crore.

Let us see the best top-rated mutual funds which the country's renowned rating agency has given a top ranking.

1-  Top Rated Fund AUM (Regular Plan) share is 90% for ICICI Prudential. (In 4-Star and 5-Star rated funds)

2- Let us tell you that SBI Mutual Fund is in second place after ICICI Prudential Mutual Fund with a 69 percent stake.

3- UTI MF stake: 67 percent 4- Kotak MF stake: 50 % 5- Axis MF stake: 49 % 6- Nippon MF stake: 41 %.

7-  Let us tell you that IDFC MF has 15 percent of its individual AUM in 4-star and 5-star rated funds.

8-  If we talk about HDFC MF and Aditya Birla, then they do not even have a 10% share in 4-star and 5-star rated funds.

Mutual fund schemes are rated using various sets of long-term data to measure their scheme performance.

5-10 percent of the funds are given a 5-star rating. The next 15-20 percent are given a 4-star rating.