{"id":1312,"date":"2024-04-23T05:07:57","date_gmt":"2024-04-23T05:07:57","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1312"},"modified":"2026-03-02T19:26:46","modified_gmt":"2026-03-02T19:26:46","slug":"which-is-the-best-equity-diversified-mutual-fund-in-terms-of-performance-and-cost-effectiveness","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/23\/which-is-the-best-equity-diversified-mutual-fund-in-terms-of-performance-and-cost-effectiveness\/","title":{"rendered":"Which is the best equity diversified mutual fund in terms of performance and cost effectiveness?"},"content":{"rendered":"\n<p>The best mutual fund for long term investment is a&nbsp;<strong>diversified mutual fund<\/strong>. Within that the best sub category would be a&nbsp;<strong>multi cap fund<\/strong>&nbsp;with flexibility to invest in mid or large cap funds based on the situation.<\/p>\n\n\n\n<p>I am not calling out a small cap fund, as the best fund here because the returns for small cap funds are volatile.<\/p>\n\n\n\n<p>From an expense ratio standpoint&nbsp;<strong>direct plans&nbsp;<\/strong>have the least expense ratio. The difference is 1% to 1.5% which means that in the long run, you can end up with 40% extra in your kitty.<\/p>\n\n\n\n<p>While this status keeps changing with time, two good funds are Invesco India Contra Fund and Aditya Birla Sun Life Advantage Fund. Choose a platform such as\u00a0<a href=\"https:\/\/maxiomwealth.com\/\">Maxiomwealth<\/a>\u00a0that offers only direct plans for your investments.<\/p>\n\n\n<!-- mw-cta-block -->\n\n<div class=\"mw-cta-block\" style=\"background:#EEF3FC;border-left:5px solid #1C52A0;padding:22px 26px 20px;margin:36px 0 24px;border-radius:0 10px 10px 0;\">\n  <p style=\"margin:0 0 4px;font-size:11px;font-weight:700;color:#276FC4;letter-spacing:1px;text-transform:uppercase;\">Maxiom Wealth \u2014 Free Tool<\/p>\n  <h3 style=\"margin:0 0 10px;font-size:19px;font-weight:700;color:#113E81;line-height:1.3;\">Is Your Mutual Fund Working Hard Enough?<\/h3>\n  <p style=\"margin:0 0 18px;color:#444;font-size:15px;line-height:1.65;\">Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you&#8217;re in the right scheme for your risk profile and investment horizon.<\/p>\n  <a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/better-funds-checker\" style=\"display:inline-block;background:#1C52A0;color:#fff!important;padding:11px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin:0 10px 8px 0;\">Compare Funds \u2192<\/a>\n  <a href=\"https:\/\/maxiomwealth.com\/meeting\" style=\"display:inline-block;border:2px solid #1C52A0;color:#1C52A0!important;padding:9px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin-bottom:8px;\">Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The best mutual fund for long term investment is a&nbsp;diversified mutual fund. Within that the best sub category would be a&nbsp;multi cap fund&nbsp;with flexibility to invest in mid or large cap funds based on the situation. I am not calling out a small cap fund, as the best fund here because the returns for small&hellip;&nbsp;<a href=\"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/23\/which-is-the-best-equity-diversified-mutual-fund-in-terms-of-performance-and-cost-effectiveness\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Which is the best equity diversified mutual fund in terms of performance and cost effectiveness?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[179,38],"tags":[],"class_list":["post-1312","post","type-post","status-publish","format-standard","hentry","category-fund-selection","category-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1312"}],"version-history":[{"count":2,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1312\/revisions"}],"predecessor-version":[{"id":3569,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1312\/revisions\/3569"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}