Parag Parikh Liquid Fund among 5 low-cost mutual funds that delivered strong 6-month returns
By Surbhi Khanna, ET Online |
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Low-cost, high-return funds
Looking for mutual funds that have delivered better returns while keeping costs low? Here are five funds that combined relatively higher six-month returns with lower expense ratios. (Source: MF Screener)
2/6
Mahindra Manulife Liquid Fund
The fund had an expense ratio of 0.15% and delivered a return of 3.37% in the last six months. The fund had an AUM of Rs 1,279 crore.
3/6
Bank of India Liquid Fund
The fund had an expense ratio of 0.09% and delivered a return of 3.36% in the last six months. The fund had an AUM of Rs 1,728 crore.
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4/6
Parag Parikh Liquid Fund
The fund had an expense ratio of 0.10% and delivered a return of 3.34% in the last six months. The fund had an AUM of Rs 7,008 crore.
5/6
Quantum Liquid Fund
The fund had an expense ratio of 0.16% and delivered a return of 2.99% in the last six months. The fund had an AUM of Rs 536 crore.
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Bank of India Overnight Fund
The fund had an expense ratio of 0.09% and delivered a return of 2.77% in the last six months. The fund had an AUM of Rs 62 crore.