Meta- Worried about investing for your future? Invest in these aggressive growth mutual funds in 2020 to get the best returns.
Suppose you are an aggressive investor who wants really high capital gains in a short span of time. Then we have found some of the best aggressive growth mutual funds 2020 to invest in. You must keep in mind that high profit is always subject to high market risks. Therefore there are high chances that you might get a lot of money or lose a lot of money. This is why many investors consider aggressive growth mutual funds risky than the standard and balanced hybrid funds. But if you are willing to take the risk, we have shortlisted the top aggressive growth mutual funds 2020. You can find them below.
Factors To Consider Before Investing In Aggressive Growth Mutual Funds 2020
Assess all the risks and return really well.
If it offers you a 65-80% equity allocation, such aggressive funds come under the category of moderately-high risk investments.
It is important to assess all your financial goals and your risk tolerance capacity. Once you are clear about them, prepare an investment plan. After that, start the search for the best aggressive growth mutual funds 2020.
You must look for the funds that offer you a low expense ratio.
Who Should Invest In Aggressive Growth Mutual Funds 2020?
By using a hybrid portfolio, aggressive growth mutual funds 2020 aim at generating long-term wealth along with a regular income. In such types of funds, the fund manager invests in equity-related instruments or equity itself. Also, a smaller portion is allocated to debt for stability. Therefore, the investors that have an investment horizon of 5 years and have moderate risk tolerance can consider investing in Aggressive growth mutual funds 2020.
Top Aggressive Growth Mutual Funds 2020
We have found the top 10 moderately high-risk aggressive growth mutual funds 2020 for you. You must research them well and then invest. Here is the list-
Canara Robeco Equity Debt Allocation Fund
BNP Paribas Substantial Equity Hybrid Fund
Mirae Asset Hybrid- Equity Fund
SBI Equity Hybrid Fund
Sundaram Equity Hybrid Fund
ICICI Prudential Equity Savings Fund
Principal Hybrid Equity Fund
Franklin India Equity Hybrid Fund
DSP Equity And Bond Fund
PGIM India Hybrid Equity Fund
Only the SBI Equity Hybrid Fund and ICICI Prudential Equity Savings fund belong to the Equity funds category. In contrast, all other aggressive growth mutual funds 2020 mentioned above in the list belong to the hybrid category.
If you are willing to take higher risk than any other average investor, you can invest in either of the above-mentioned aggressive growth mutual funds 2020.
They offer you higher returns by asking you to take higher risks. However, it is suggested that you must know about them really well. First of all, make out a plan for your short or long term goals. You need to be very clear of the amount of investment, years of investment, your goal, and the risk you can afford to take. Once you have everything sorted in your mind, then go for a comparison between the best aggressive growth mutual funds 2020. Compare them thoroughly. Whichever fits your needs well, read about it from more sources. The decision to invest in it rests with you.