Frequent question: What is the best no load index fund?

Which index fund is best?

The following table shows the best index funds in India, based on the past 10-year returns:

Mutual fund 5 Yr. Returns
HDFC Index Fund-Sensex Plan 16.65%
LIC MF Index Fund-Sensex Plan-Direct Plan-Growth 16.32%
ICICI Prudential Nifty Index Fund – Direct Plan – Growth 15.92%
UTI NIFTY Index Fund 16.06%

What is an disadvantage of buying a no-load fund?

The main disadvantage of a no-load fund is the lack of professional advice and guidance. You are responsible for processing the transaction, including analyzing and comparing the available options.

Does Fidelity have no-load funds?

Fidelity is one of the largest financial corporations in the world, and while some of its funds are loaded, it also has a wide range of no-load mutual funds and ETFs.

What is no-load index fund?

A no-load fund is a mutual fund in which shares are sold without a commission or sales charge. … This absence of a sales charges is the opposite of a load fund—either front-load or back-load—which charges a commission at the time of the fund’s purchase or sale.

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What is the average return on index funds?

Attractive returns – Like all stocks, the S&P 500 will fluctuate. But over time the index has returned about 10 percent annually. That doesn’t mean index funds make money every year, but over long periods of time that’s been the average return.

Which stock index has the highest return?

A top index fund for income-oriented investors is the SPDR S&P Dividend ETF (NYSEMKT:SDY). This dividend-weighted fund’s benchmark is the S&P High Yield Dividend Aristocrats Index, which tracks 112 of the stocks in the S&P Composite 1500 Index with the highest dividend yields.

What are the top 5 mutual funds?

Here is the list of top 10 schemes:

  • Axis Bluechip Fund.
  • Mirae Asset Large Cap Fund.
  • Parag Parikh Long Term Equity Fund.
  • Kotak Standard Multicap Fund.
  • Axis Midcap Fund.
  • DSP Midcap Fund.
  • Axis Small Cap Fund.
  • SBI Small Cap Fund.

How does a no-load fund make money?

Mutual funds do not rely on loads, or sales charges, for financing. Loads are paid out to financial intermediaries, such as investment advisers or brokers, to compensate them for their services. … The fund manager receives a small fee based on the fund’s growth. In other words, he makes money when the fund makes money.

Do no-load funds have fees?

No-load funds usually do not charge any sales fee or commission, as long as you keep your money invested for a specified period, often five years.

What is the low cost alternative to investing in mutual funds?

Exchange-traded funds (ETFs) trade on the major stock exchanges with their own ticker symbols. These funds, which first appeared roughly 20 years ago, allow you to target specific investment angles such as gold, energy, even foreign countries.

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Which mutual fund has lowest fees?

Fidelity is the second-largest provider of index mutual funds in the U.S. after Vanguard.

The lowest fee fund war.

Index Fund/ETF Expense ratio
Schwab Total Stock Market Index 0.03 percent
Schwab Multi Cap Core ETF 0.03 percent
Vanguard Total Stock Market 0.14 percent
Vanguard Total Stock Market ETF 0.04 percent

Is Fidelity 500 index fund a good investment?

With a tidy expense ratio of only 0.015%, the Fidelity 500 Index fund is one of the lowest-cost funds of the 10 best-performing Fidelity funds for retirement. Formerly FUSEX, the fund replicates the S&P 500, making it a nice option for index investors or those looking for large blend exposure.