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Our current short list of 10 recommended funds across 4 categories is as follows.

Long-term money (Equity) portfolio:

• L&T India Value Fund (Growth)
  
• Mirae Asset India Opportunities Fund (Growth)
  
• SBI Blue Chip Fund (Growth)
  
• ICICI Prudential Value Discovery Fund (Growth) 

Short-term money (Debt) portfolio:

• Birla Sun Life Dynamic Bond Fund - Retail (Growth)
• Axis Liquid Fund (Growth)
• SBI Ultra Short Term Debt Fund (Growth)

Tax-saving portfolio (lock-in for 3 years, also known as ELSS or Equity-linked Saving Scheme funds):

• Axis Long Term Equity Fund (Growth)
  
• DSP BR Tax Saver Fund (Growth)
  

Daily spending money (Any Time Cash) debt fund:

• Reliance Money Manager Fund (Growth) - was earlier part of our debt fund portfolio

To Invest in these funds, open a free investing account with Scripbox. You willl be able to invest, monitor, re-balance and withdraw with a single click.