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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):

• DSP BR Tax Saver Fund (Growth)
  
• L&T Tax Advantage Fund (Growth)
  

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.