Parag Parikh Liquid Fund among top 5 low cost and high return funds in 1 year
By Surbhi Khanna, ET Online |
1/6
Low cost high gain funds
Funds which generate better returns and have low expense ratio vis-à-vis category. High returns and low costs are two key parameters which an investor should look for while deciding and investing in a mutual fund. Here are top five funds in the last one year (Source: MF Screener)
2/6
Mahindra Manulife Liquid Fund
The fund had an expense ratio of 0.15% and delivered a return of 6.32% in the last one year. The fund is assigned a four star rating.
3/6
Bank of India Liquid Fund
The fund had an expense ratio of 0.05% and delivered a return of 6.30% in the last one year. The fund is assigned a four star rating.
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4/6
Parag Parikh Liquid Fund
The fund had an expense ratio of 0.11% and delivered a return of 6.11% in the last one year. The fund is assigned a one star rating.
5/6
Quantum Liquid Fund
The fund had an expense ratio of 0.15% and delivered a return of 5.89% in the last one year. The fund is assigned a two star rating.
6/6
Bank of India Overnight Fund
The fund had an expense ratio of 0.08% and delivered a return of 5.58% in the last one year. The fund is assigned a five star rating.