What is a Mutual Fund?
Mutual fund is a professionally managed investment fund that pools investment from various investors and invests in capital assets to match the investor’s financial goals.
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Continuous Assessment of the fund based on our proprietary rating system
Periodic fund review
Periodic fund review that assesses the health of your overall portfolio
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Track and manage your investments in this and other funds easily through an intuitive dashboard
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Scripbox Recommended Funds for 2023
These scientifically selected funds you can invest in to grow your wealth in 2023
Canara Robeco Bluechip Equity Fund
Large Cap
6,142 Cr
Fund Size2010
Founded YearHDFC Large and Mid Cap Fund
Large & Mid Cap
8056 Cr
Fund Size1994
Founded YearPGIM India Midcap Opportunities Fund
Midcap
7811 Cr
Fund Size2005
Founded YearParag Parikh Flexi Cap Fund (Growth)
Flexi Cap
20,130 Cr
Fund Size2013
Founded YearLong Term Portfolio
Invest in these funds with automated best practices like quarterly scans, updates & tax-optimised withdrawals
- Inflation beating returns
- Grow wealth, Retirement, Kids Education
- one click investing & tracking
Aditya Birla Sun Life Money Manager Fund (Growth)
Money Market
17,319 Cr
Fund Size2005
Founded YearAditya Birla Sun Life Savings Fund (Growth)
Ultra Short
15,028 Cr
Fund Size2003
Founded YearHDFC Floating Rate Debt Wholesale Plan (Growth)
Floater
17,655 Cr
Fund Size2007
Founded YearHDFC Overnight Fund (Growth)
Overnight
18,765 Cr
Fund Size2002
Founded YearScripbox Recommended Debt Funds
Stability, growth & quality in your portfolio, with pre-selected debt funds at Scripbox.
- Inflation beating returns
- Grow wealth, Retirement, Kids Education
- One click investing & tracking
DSP Tax Saver Fund
Tax Saving
9,398 Cr
Fund Size2007
Founded YearMirae Asset Tax Saver Fund
Tax Saving
10,803 Cr
Fund Size2015
Founded YearSave Taxes, Build Wealth
Invest in these funds with automated best practices like quarterly scans, updates tax-optimised withdrawals
- Inflation beating returns
- Grow wealth, Retirement, Education
- 5+ Years, 12-14% Returns, No lock-in
ICICI Prudential Liquid Fund (Growth)
Liquid
39,707 Cr
Fund Size2005
Founded YearEmergency Fund
Invest in these funds with automated best practices like quarterly scans, updates tax-optimised withdrawals
- Inflation beating returns
- Grow wealth, Retirement, Education
- 5+ Years, 12-14% Returns, No lock-in
Why invest in Mutual Funds?
Benefits of mutual funds
A mutual fund is a collection of investments made by individual investors and used to purchase securities in the capital market. The best part about mutual funds is that a team of experts along with the fund manager picks all the investments to build a portfolio.
With wide availability of mutual funds schemes, it is easier for an investor to choose the most suited scheme for their financial goals.
Learn more about benefitsExpert Money Management
Mutual funds are managed by professionals, providing expert guidance. The experts meticulously decide the sectors, allocation of assets, and finally buying of securities.
Diversification
Mutual funds allow an investor to invest in diversified portfolios of equity, or debt market capitalizations and sectors and even internationally.
Systematic Investment Plan
SIP allows you to invest a fixed amount at regular intervals and help plan your periodic investments. The is flexible and better for mitigating timing risk.
Low Cost
Mutual fund is a cost-effective investment considering the professional expertise, diversity and flexibility. A fee ranging from 0.5% to 1.5% is charged.
Meet Financial Goals
Each investor invests in mutual funds with a financial goal. Mutual funds with diversified portfolios & risk factors help achieve your objectives.
Lock-in Period
Lock-in period is the duration for which you are not allowed to redeem the units of the fund. This differs across funds. For ELSS the lock-in period is 3 years.
Types of Mutual Funds
Equity Mutual Funds
Equity mutual funds invest at least 65% of their assets in listed companies across market capitalisations to earn higher returns than debt or hybrid mutual funds. These funds are suitable for investors having high to medium risk-appetite along with an investment horizon of more than 5 years.
Market Capitalization
Mutual Funds that invest based on the market capitalisation of companies.
Large Cap Funds
Invests in top 100 by market capitalisation.
Mid Cap Funds
Invests in rank 100-250 by market capitalisation.
Small Cap Funds
Invests in rank 250 and beyond, by market capitalisation.
Diversified Funds
These funds invest in stocks of companies across market capitalisations and have Large cap, mid cap and small cap equity exposure
Benefit
Mutual Funds based on specific benefits.
ELSS
Diversified equity funds for 80c tax deductions
Sectoral
Mutual Funds that invest in companies of specific sectors.
BFSI
Invests in banking and financial services sector.
Infra
These funds invest in the stocks of companies operating in mostly the infrastructure sector.
Pharma and Healthcare
Invests in pharma & healthcare sector.
Technology
Invests in IT and Technology sector.
Energy
Invests in energy and oil & gas sector.
Thematic
Mutual Funds that invest according to specific investment themes.
Consumption
Invests in companies with a consumption theme
MNC
Mutual Funds that invest in Multi-national companies.
ESG
Invests in companies with high ESG score.
Special Situations
This category has few funds and relatively small amounts invested in them.
Manufacturing
Invests in companies with a manufacturing theme.
Services
Invests in companies with a services theme.
Commodities
Invests in companies with a commodities theme.
Ethical
Invests in companies with high governance and ethical scores.
Quant
Invests based on quant based parameters.
PSU
Invests in PSU companies.
Debt Mutual Funds
Debt funds invest in fixed income generating instruments with lesser risk and lesser volatility like Certificate of deposit, Corporate Bonds, treasury bills, commercial paper, government securities. These funds are susceptible primarily to, credit, duration and interest rate risks. The idea investment duration for these funds is less than 5 years.
Credit Profile
Mutual Funds that invest according to underlying credit risk profile.
Credit Risk
Invests based on credit risk opportunities.
Gilt
Invests in long term government debt.
Gilt with 10 year constant duration
Invests in government debt of duration 10 years.
Underlying Profile
Mutual Funds that invest according to specific investment profiles.
Corporate Bond
Invests in corporate bonds issued by companies.
Banking and PSU
Invests in debt instruments issued by banks and PSUs.
Floater
Invests in floating rate debt instruments.
Duration Profile
Debt Funds that invest based on maturity duration of underlying investments.
Liquid
Invests in debt instruments of duration of up to 91 days.
Low Duration
Invests in debt instruments of duration of 6-12 months.
Ultra Short Duration
Invests in debt instruments of 3-6 months duration.
Overnight
Invests in debt instruments with a duration of 1 day.
Short Duration
Invests in short duration (1-3 year) debt instruments.
Medium Duration
Invests in medium duration (1-3 years) debt instruments.
Medium to Long Duration
Invests in medium and long term duration debt instruments.
Long Duration
Invests in long duration debt instruments.
Dynamic Bond
Invests in bonds across durations.
Money Market
Invests primarily in money market instruments.
International Funds
International funds, also known as overseas funds, invest in stocks of companies that are listed in international markets. These equity funds are risky but can provide exposure to the best companies in the world. They are suitable for investment duration of 7 years or more.
Hybrid Mutual Funds
Hybrid funds are a type of mutual fund that offers diversification across asset classes. These funds invest in both equity and debt instruments. They can either be equity heavy or debt heavy depending on the type. They aim to offer a balance between equity based growth and debt based stability.
Risk Based
Hybrid Funds that invest according to specific risk profiles.
Aggressive Hybrid
Equity focused hybrid funds.
Conservative Hybrid
debt focused hybrid funds.
Dynamic Asset Allocation
Funds with asset allocation that can change with market conditions.
Asset Based
Mutual Funds that invest based on underlying asset class.
Arbitrage
Invests in price arbitrage opportunities.
Multi Asset Allocation
Invests in multiple asset classes
Equity Savings
Equity funds with small exposure to debt instruments.
Solution Oriented Funds
These are equity or debt oriented mutual funds that are designed to address specific needs such as retirement or child’s education and thus align to those specific goals. The may contain a mix of both equity and debt investments.
Explore Scripbox Calculators
Being an investor planning must always be your very first step towards your investment journey. You can use our tools such as SIP calculator, Lumpsum Calculator, PPF Calculator etc and assess the investment option whether it meets your financial goals or not.
SIP Calculator
Find the returns on your investment by using mutual fund sip calculator.
Lumpsum Calculator
Use Lumpsum calculator to check returns from your lump sum investments.
ELSS Calculator
Find out how much your tax-saving investments will grow if you invested in ELSS funds
Step up SIP Calculator
Increase your SIP investments and estimate your returns by using Scripbox’s step up calculator
SWP Calculator
Use SWP calculator to estimate your regular income options.
FD Calculator
Find out by how much your money will grow if you save in an FD, given a particular interest rate.
RD Calculator
Find out by how much your money will grow in a Recurring Deposit, given a particular interest rate.
Tax Calculator
Calculate your tax liability based on your income tax slab for current and past financial years
NPS Calculator
Find out how much your retirement savings will grow if you invest in the National Pension Scheme.
See all calculators
Explore Scripbox Investment and financial planing tools
How to invest in mutual funds
Investing through Scripbox is made easy and paperless. All you need to do is follow the steps to invest in mutual funds.
Choose Long Term Plan in the plans page
The fund can be chosen once you select Long Term Plan
Create an account
Create an account with Scripbox through a paperless process, to invest in this fund
Invest online & transfer
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track your investments
Track, invest more and withdraw your investments through the Scripbox dashboard
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How to Redeem Mutual Fund?
You should go for mutual fund redemption process only when you have achieved your investment objective or there is a drastic change in the portfolio. In this article you would know how to redeem mutual funds online and offline
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