Qualitative Parameters:

• AMC comfort – Pedigree, Credibility, Compliance, Process and Ability to Retain Top Management & Talent
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• Fund Manager comfort – Experience, Reputation, Performance and Continuity Record (We have had 170+ investment and marketing team interactions in the last 1 year) 

Quantitative Parameters:

• Scheme Aesthetics – Fund Size & Recent AUM Growth, Concentration Analysis, Clarity of positioning
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• Performance – Historical performances (SIP, Last 20-Quarters, 3-Year and 5-Year Numbers), Risk-adjusted returns, Sharpe, Beta, and Other Statistical Ratios
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• Negative Criteria – Cash Calls, Outlier Performances, Recent Management Changes, etc.

Now that you are well aware of the factors involved in picking the top performing mfs, without further ado, let’s dive into Cube Wealth’s picks.

List Of Best Liquid Mutual Funds 2023

1) Nippon India Liquid Fund

• Risk: Low
• 1-Year Returns: 5.10%
• 3-Year Returns: 4.12%
• 5-Year Returns: 5.26%

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2) SBI Liquid Fund

• Risk: Low
• 1-Year Returns: 5.10%
• 3-Year Returns: 4.11%
• 5-Year Returns: 5.19%

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3) HDFC Liquid Fund

• Risk: Low
• 1-Year Returns: 5.11%
• 3-Year Returns: 4.07%
• 5-Year Returns: 5.15%

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4) Invesco India Liquid Fund 

• Risk: Low
• 1-Year Returns: 5.17%
• 3-Year Returns: 4.10%
• 5-Year Returns: 5.19%

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5) ICICI Prudential Liquid Fund

• Risk: Low
• 1-Year Returns: 5.10%
• 3-Year Returns: 4.13%
• 5-Year Returns: 5.23%

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List Of Best Debt Mutual Funds 2023

1) IDFC Banking & PSU Debt Fund

• Risk: Medium
• 1-Year Returns: 3.81%
• 3-Year Returns: 5.43%
• 5-Year Returns: 7.25%

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2) Axis Banking and PSU Debt Fund

• Risk: Medium
• 1-Year Returns: 4.01%
• 3-Year Returns: 5.18%
• 5-Year Returns: 6.90%

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3) ICICI Prudential Corporate Bond Fund

• Risk: Medium
• 1-Year Returns: 5.03%
• 3-Year Returns: 6.03%
• 5-Year Returns: 7.06%

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4) IDFC Dynamic Bond Fund

• Risk: Medium
• 1-Year Returns: 1.20%
• 3-Year Returns: 4.47%
• 5-Year Returns: 6.76%

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List Of Best Conservative Mutual Funds 2023

1) Kotak Bluechip Fund

• Risk: Low
• 1-Year Returns: 1.49%
• 3-Year Returns: 14.58%
• 5-Year Returns: 11.60%

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2) ICICI Prudential Bluechip Fund

• Risk: Low
• 1-Year Returns: 3.03%
• 3-Year Returns: 16.04%
• 5-Year Returns: 11.42%

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3) Kotak Nifty 50 Index Fund

• Risk: Low
• 1-Year Returns: 2.95%
• 3-Year Returns: NA
• 5-Year Returns: NA

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List Of Best Moderate Mutual Funds 2023

1) Quant Active Fund

• Risk: Medium
• 1-Year Returns: 2.98%
• 3-Year Returns: 31.00%
• 5-Year Returns: 18.93%

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2) HDFC large and Midcap Fund

• Risk: Medium
• 1-Year Returns: 9.96%
• 3-Year Returns: 19.23%
• 5-Year Returns: 12.31%

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3) Invesco India Contra Fund

• Risk: Medium
• 1-Year Returns: 3.52%
• 3-Year Returns: 15.50%
• 5-Year Returns: 11.00%

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List Of Best Aggressive Mutual Funds 2023

1) Kotak Emerging Equity Fund

• Risk: High
• 1-Year Returns: 7.66%
• 3-Year Returns: 20.37%
• 5-Year Returns: 13.58%

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2) ICICI Prudential Small Cap Fund

• Risk: High
• 1-Year Returns: 7.22%
• 3-Year Returns: 24.21%
• 5-Year Returns: 12.43%

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List Of Best Tax Saving ELSS Mutual Funds 2023

1) Kotak Tax Saver Fund

• Risk: High
• 1-Year Returns: 5.86%
• 3-Year Returns: 15.63%
• 5-Year Returns: 12.80%

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2) Quant Tax Plan

• Risk: High
• 1-Year Returns: 3.28%
• 3-Year Returns: 33.87%
• 5-Year Returns: 19.68%

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List Of Best International Mutual Funds 2023

1) Invesco EQQQ Nasdaq 100 ETF  Fund of Fund

• Risk: High
• 1-Year Returns: NA
• 3-Year Returns: NA
• 5-Year Returns: NA

1. How can I invest in these mutual funds?

Ans. You can invest in these funds through various channels, including Asset Management Companies (AMCs), mutual fund distributors, and online platforms.

2. What is the minimum investment required for these mutual funds?

Ans. The minimum investment amount varies from one fund to another, but it is typically affordable, with some funds allowing investments as low as Rs. 500.

3. Are these mutual funds suitable for first-time investors?

Ans. Some funds are suitable for beginners, while others may be more appropriate for experienced investors. Consider your risk tolerance and investment goals.

4. Can I switch between these mutual funds if my investment goals change?

Ans. Yes, you can switch or redeem your investments based on your changing financial goals. However, there may be exit loads or tax implications.

Conclusion 

Investing in mutual funds can be an excellent way to grow your wealth and achieve your financial goals. The top 20 mutual funds listed for 2023 encompass a diverse range of options, catering to different risk profiles and investment objectives. It's crucial to do thorough research, assess your risk tolerance, and consult a financial advisor before making investment decisions. You can consult a Cube Wealth coach or download a Cube Wealth App. 

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You can also go through our top recommendations for the best equity funds and the best debt funds to invest in. We always recommend to not pick mutual funds to invest in, on your own. See why, in this episode of The Cube Wealth Show –