We aim to ensure that your money is invested in the best mutual funds every year. Here’s our scientifically selected list of recommended mutual funds to invest in 2017.
The best equity mutual funds for your long-term money.
Your long-term money needs to be in equity mutual funds to beat inflation. Here are the 4 funds we recommend for 2017.
- SBI Blue Chip Fund (G)
- ICICI Prudential Value Discovery Fund (G)
- L&T India Value Fund (G) (New)
- Mirae Asset India Opportunities Fund (G) (New)
The best Tax Saving funds to claim tax exemption under Sec 80C
You know that Tax Saving (ELSS) funds are the best way to save tax and invest for the long term. We select and recommend the 2 best funds.
(Note: this recommendation follows a financial year and the funds for FY 2017-18 will be announced in March 2017)
The best Debt funds to save and grow your Short Term money
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 the best 3 funds for your short term money.
- Birla Sun Life Dynamic Bond Fund - Retail (G)
- Axis Liquid Fund (G)
- SBI Ultra Short Term Debt Fund (G)
And the best fund for Any Time Cash - money you may need quick access to
This comes with a debit card so you can withdraw your money at any time - day or night and also on weekends. Your emergency money should always be at hand.
How are these funds selected?
We follow a rule based, scientific approach to select funds which helps us shortlist a curated set of funds from the universe of 8000+ mutual funds. Read more about our fund selection process here.