India's Best Mutual Funds 2023 Are Here, Time To Make An Informed Choice

SIP or systematic investment plan may seem like any other simple three-letter word. But this word, which is easy to remember, spell and pronounce, has now become an intrinsic part of any conversation related to investments. And when we talk of SIPs, a discussion on the best mutual funds (MFs) is obvious. In fact, the pace of acceptance of MFs has gone up drastically in India in recent years. The Rs 43.20 lakh crore industry has witnessed a remarkable rise in the number of investor accounts. From December 2014 to March 2023, the number of investor accounts has increased from 40.3 million to 145.7 million. Though the numbers have grown consistently, a spurt was seen in the last two years as the industry added a little more than 50 million accounts from June 2021 to March 2023. This surge in investor accounts reflects the growing awareness and acceptance of mutual funds as a preferred...