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 December 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 22.9%, a 3 Years return of 17.3% and a 5 Years return of 21.2%. The fund has an expense ratio of 0.6% and an AUM of ₹25315 crores as of 2024-12-22. 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 30.3% and a 3 Years return of 15.8%. The fund has an expense ratio of 0.3% and an AUM of ₹3340 crores as of 2024-12-22. 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 20.0%, a 3 Years return of 14.4% and a 5 Years return of 13.6%. The fund has an expense ratio of 0.2% and an AUM of ₹2251 crores as of 2024-12-22.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 24.0%, a 3 Years return of 24.1% and a 5 Years return of 25.9%. The fund has an expense ratio of 1.0% and an AUM of ₹48988 crores as of 2024-12-22.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 9.3% and a 3 Years return of 6.2%. The fund has an expense ratio of 0.1% and an AUM of ₹4627 crores as of 2024-12-22. It was Launched on 2020-07-23. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 097.20% to debt and 2.79% to other assets.
Nippon India Arbitrage Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 8.3%, a 3 Years return of 6.9% and a 5 Years return of 6.1%. The fund has an expense ratio of 0.4% and an AUM of ₹15418 crores as of 2024-12-22.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.
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 8.4%. The fund has an expense ratio of 0.2% and an AUM of ₹7938 crores as of 2024-12-22. It was Launched on 2022-02-11. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 098.46% to debt and 1.54% to other assets.
Parag Parikh Flexi Cap Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 26.1%, a 3 Years return of 18.3% and a 5 Years return of 25.8%. The fund has an expense ratio of 0.6% and an AUM of ₹84641 crores as of 2024-12-22. It was Launched on 2013-05-24. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 79.51% to equities, 19.88% to debt and 0.61% 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 4.9%. The fund has an expense ratio of 0.1% and an AUM of ₹12133 crores as of 2024-12-22. 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.
HDFC Gold ETF Fund of Fund Direct (G) is a Precious Metals fund that has delivered a 1 Year return of 20.0%, a 3 Years return of 14.7% and a 5 Years return of 13.7%. The fund has an expense ratio of 0.2% and an AUM of ₹2715 crores as of 2024-12-22. 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.
