Expense ratio in mutual funds includes annual operating costs such as management fees, allocation charges, advertisement costs etc. Here is a list of top 20 funds with lowest expense ratios in November 2024
Note : *NA implies that Fund is relatively new. Not enough data available
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Below are the top mutual funds with lowest expense ratio in india:
Mirae Asset ELSS Tax Saver Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 30.6%, a 3 Years return of 16.6% and a 5 Years return of 21.3%. The fund has an expense ratio of 0.6% and an AUM of ₹24896 crores as of 2024-11-29. It was Launched on 2015-12-28. The minimum SIP investment is ₹500 and the minimum lump sum investment is ₹500. The fund allocates 98.98% to equities, 0.00% to debt and 1.02% to other assets.
Kotak Nasdaq 100 FOF Direct (G) is a International Equity fund that has delivered a 1 Year return of 30.4% and a 3 Years return of 13.5%. The fund has an expense ratio of 0.3% and an AUM of ₹3184 crores as of 2024-11-29. It was Launched on 2021-02-02. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.95% to equities and 0.05% to other assets.
Kotak Gold Fund Direct (G) is a Precious Metals fund that has delivered a 1 Year return of 22.4%, a 3 Years return of 15.0% and a 5 Years return of 14.0%. The fund has an expense ratio of 0.2% and an AUM of ₹2305 crores as of 2024-11-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 03.86% to other assets.
ICICI Prudential Value Discovery Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 33.0%, a 3 Years return of 23.7% and a 5 Years return of 26.4%. The fund has an expense ratio of 1.0% and an AUM of ₹49104 crores as of 2024-11-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 85.74% to equities, 1.02% to debt and 13.24% to other assets.
BHARAT Bond FOF - April 2031 Direct (G) is a Debt fund that has delivered a 1 Year return of 9.7% and a 3 Years return of 6.3%. The fund has an expense ratio of 0.1% and an AUM of ₹4617 crores as of 2024-11-29. It was Launched on 2020-07-24. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 096.83% to debt and 3.17% to other assets.
HDFC Floating Rate Debt Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 8.6%, a 3 Years return of 6.9% and a 5 Years return of 6.9%. The fund has an expense ratio of 0.3% and an AUM of ₹15004 crores as of 2024-11-29. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 096.96% to debt and 3.04% to other assets.
HDFC Overnight Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.7%, a 3 Years return of 5.9% and a 5 Years return of 4.8%. The fund has an expense ratio of 0.1% and an AUM of ₹12474 crores as of 2024-11-29. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 06.25% to debt and 93.75% to other assets.
ICICI Prudential Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 7.5%, a 3 Years return of 6.3% and a 5 Years return of 5.4%. The fund has an expense ratio of 0.2% and an AUM of ₹51423 crores as of 2024-11-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹1000. The fund allocates 0107.81% to debt and -7.81% to other assets.
Nippon India Arbitrage Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 8.2%, a 3 Years return of 6.8% and a 5 Years return of 6.0%. The fund has an expense ratio of 0.4% and an AUM of ₹15156 crores as of 2024-11-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates -0.48% to equities, 26.69% to debt and 73.80% to other assets.
HDFC Gold ETF Fund of Fund Direct (G) is a Precious Metals fund that has delivered a 1 Year return of 22.5%, a 3 Years return of 15.4% and a 5 Years return of 14.2%. The fund has an expense ratio of 0.2% and an AUM of ₹2795 crores as of 2024-11-29. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 01.57% to other assets.
