Our current short list of 10 recommended funds across 4 categories is as follows.
Long-term money (Equity) portfolio:
- SBI Blue Chip Fund (Growth)
- L&T India Value Fund (Growth)
- Mirae Asset India Equity Fund (G)
- Reliance Vision Fund (Growth)
Short-term money (Debt) portfolio:
- Axis Liquid Fund (Growth)
- SBI Magnum Low Duration Fund (Growth)
- ICICI Prudential Corporate Bond Fund - Regular (G)
Tax-saving portfolio (lock-in for 3 years, also known as ELSS or Equity-linked Saving Scheme funds):
Daily spending money (Emergency Fund) 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.