Every year, it is our endeavour that your money is invested in the best mutual funds. Here’s a list of our scientifically selected recommended mutual funds to invest in 2018.
For your long-term needs:
Your long-term money needs to be invested in equity mutual funds to beat inflation. Here are the 4 equity funds we recommend for 2018.
- SBI Blue Chip Fund (G)
- L&T India Value Fund (G)
- Mirae Asset India Equity Fund (G)
- Reliance Vision Fund (G)
The best tax saving funds to claim tax exemption under Section 80C:
You are aware that Tax Saving (ELSS) funds are the best way to save tax and invest for the long term. Our recommendation:
(Note: this recommendation follows a financial year and the funds for FY 2018-19 will be announced in March 2018)
For your short-term needs:
An alternative to bank FDs, debt funds provide better returns after taxes are taken into account. We evaluate the safety of the funds and their track record and recommend a portfolio of 3 funds for your short-term money needs.
For emergency fund:
The money you may need quick access to, our recommended fund comes with a debit card, so you can withdraw your money at any time - day or night and also on weekends.
You can use this fund to create your emergency fund too.
How are these funds selected?
We follow a rule-based, scientific approach to shortlist just 10 best mutual funds from the universe of 8,000+ options. Read more about our fund selection process here.