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):
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.